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Franklin Managed Municipal Income Trust

PMM
Exchange
NYSE
SEC CIK
0000844790

In the last 90 days, Franklin Managed Municipal Income Trust insiders filed 1 open-market purchase and 1 sale; 87 institutions reported holding it in 13F filings for Q2 2026, worth $65.2M in total; no superinvestor holds it.

13F holders, Q1 2026

Institutional positions in Franklin Managed Municipal Income Trust as of Mar 31, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
91
+1 vs. Q4 2025
Shares held
9.69M
+218.4K (+2.3%) vs. Q4 2025
Total value
$59.6M
+$223.2K (+0.4%) vs. Q4 2025
New holders
9
24 more added
Sold out
8
18 more reduced

Compare with Q4 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PMM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2026: 91 institutions
Q1 2021: 75 institutionsQ2 2021: 71 institutionsQ3 2021: 70 institutionsQ4 2021: 78 institutionsQ1 2022: 79 institutionsQ2 2022: 72 institutionsQ3 2022: 73 institutionsQ4 2022: 88 institutionsQ1 2023: 77 institutionsQ2 2023: 82 institutionsQ3 2023: 84 institutionsQ4 2023: 97 institutionsQ1 2024: 94 institutionsQ2 2024: 84 institutionsQ3 2024: 93 institutionsQ4 2024: 94 institutionsQ1 2025: 82 institutionsQ2 2025: 85 institutionsQ3 2025: 81 institutionsQ4 2025: 90 institutionsQ1 2026: 91 institutionsQ2 2026: 87 institutions
Value heldQ1 2026: $59.6M
Q1 2021: $38.1MQ2 2021: $38.9MQ3 2021: $38.2MQ4 2021: $42.2MQ1 2022: $35.9MQ2 2022: $34.8MQ3 2022: $30.3MQ4 2022: $36.6MQ1 2023: $34.4MQ2 2023: $36.4MQ3 2023: $33.6MQ4 2023: $40.0MQ1 2024: $38.2MQ2 2024: $40.7MQ3 2024: $46.5MQ4 2024: $47.1MQ1 2025: $52.2MQ2 2025: $50.5MQ3 2025: $49.9MQ4 2025: $59.4MQ1 2026: $59.6MQ2 2026: $65.2M
Institutions holding PMM and their total value by quarter
QuarterHoldersValue
Q2 202687$65.2M
Q1 202691$59.6M
Q4 202590$59.4M
Q3 202581$49.9M
Q2 202585$50.5M
Q1 202582$52.2M
Q4 202494$47.1M
Q3 202493$46.5M
Q2 202484$40.7M
Q1 202494$38.2M
Q4 202397$40.0M
Q3 202384$33.6M
Q2 202382$36.4M
Q1 202377$34.4M
Q4 202288$36.6M
Q3 202273$30.3M
Q2 202272$34.8M
Q1 202279$35.9M
Q4 202178$42.2M
Q3 202170$38.2M
Q2 202171$38.9M
Q1 202175$38.1M

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Franklin Managed Municipal Income Trust; share changes are against Q4 2025.

Institutions holding PMM in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Hennion & Walsh Asset Management, Inc.1,214,019$7.47M0.25%+204,669+20.3%Added
Wells Fargo & Company1,073,585$6.60M0.00%−38,182−3.4%Reduced
Raymond James Financial Inc1,028,029$6.32M0.00%+400,979+63.9%Added
Guggenheim Capital LLC945,720$5.82M0.05%+7,727+0.8%Added
Advisors Asset Management, Inc.844,788$5.20M0.09%−22,260−2.6%Reduced
Morgan Stanley718,658$4.42M0.00%−64,726−8.3%Reduced
Invesco Ltd.396,231$2.44M0.00%−21,670−5.2%Reduced
Van Eck Associates Corp361,325$2.22M0.00%+42,648+13.4%Added
Ameriprise Financial Inc338,665$2.08M0.00%+47,793+16.4%Added
Robinson Capital Management, LLC314,939$1.94M0.87%+84,794+36.8%Added
LPL Financial LLC227,108$1.40M0.00%+38,503+20.4%Added
Wiley Bros.-Aintree Capital, LLC114,541$704.4K0.00%−5,019−4.2%Reduced
Royal Bank of Canada109,662$674.0K0.00%+17,468+18.9%Added
Rivernorth Capital Management, LLC107,693$662.3K0.03%−167,027−60.8%Reduced
G2 Capital Management, LLC101,416$623.7K0.15%−6,000−5.6%Reduced
Melfa Wealth Management, LLC95,856$589.5K0.34%00.0%Unchanged
Bank of America Corp88,372$543.5K0.00%−48,267−35.3%Reduced
UBS Group AG78,196$480.9K0.00%+5,116+7.0%Added
Bridgewater Advisors Inc.76,102$477.9K0.03%00.0%Unchanged
Ackerman Capital Advisors, LLC75,730$465.7K0.10%+38,146+101.5%Added
Advisor Group Holdings, Inc.69,937$430.1K0.00%+21,890+45.6%Added
Rockefeller Capital Management L.P.68,871$423.6K0.00%−3,549−4.9%Reduced
Cetera Investment Advisers63,411$390.0K0.00%−66,651−51.2%Reduced
Capital Investment Advisors, LLC60,369$371.3K0.01%00.0%Unchanged
Oppenheimer & Co Inc58,029$356.9K0.00%+735+1.3%Added
Keudell/Morrison Wealth Management57,600$354.2K0.07%−2,000−3.4%Reduced
Commonwealth Equity Services, LLC56,671$348.5K0.00%+3,042+5.7%Added
XML Financial, LLC52,113$320.5K0.03%−15,450−22.9%Reduced
Susquehanna International Group, LLP41,683$256.4K0.00%−3,618−8.0%Reduced
Tyche Wealth Partners LLC39,722$244.3K0.04%00.0%Unchanged
Kestra Advisory Services, LLC39,476$242.8K0.00%+4,624+13.3%Added
Allworth Financial LP39,197$241.1K0.00%−2,932−7.0%Reduced
WealthBridge Capital Management, LLC36,500$224.5K0.05%+2,500+7.4%Added
Cambridge Investment Research Advisors, Inc.32,920$202.0K0.00%−305−0.9%Reduced
GWM Advisors LLC32,419$199.4K0.00%+8,000+32.8%Added
Gill Capital Partners, LLC31,984$196.7K0.06%00.0%Unchanged
Clear Creek Financial Management, LLC31,870$196.0K0.02%00.0%Unchanged
Concurrent Investment Advisors, LLC29,014$178.4K0.00%00.0%Unchanged
Joseph P. Lucia & Associates, LLC27,986$172.1K0.06%00.0%Unchanged
Wesbanco Bank Inc27,700$170.4K0.00%00.0%Unchanged
Twin Focus Capital Partners, LLC23,993$147.6K0.02%00.0%Unchanged
Jupiter Wealth Management LLC20,000$125.6K0.05%+20,000New
HighTower Advisors, LLC20,201$124.2K0.00%−14,725−42.2%Reduced
Cohen & Steers, Inc.20,000$123.0K0.00%00.0%Unchanged
NWF Advisory Services Inc.20,000$123.0K0.01%+20,000New
Everstar Asset Management, LLC18,900$116.2K0.06%−3,300−14.9%Reduced
Nomura Holdings Inc18,762$115.4K0.00%+2,512+15.5%Added
Fortitude Advisory Group L.L.C.18,285$112.5K0.05%00.0%Unchanged
Ashton Thomas Private Wealth, LLC17,327$106.6K0.00%00.0%Unchanged
Noble Wealth Management PBC16,793$103.3K0.05%00.0%Unchanged
Hohimer Wealth Management, LLC15,000$92.3K0.01%+15,000New
Meridian Wealth Management, LLC14,291$87.9K0.00%00.0%Unchanged
Mariner, LLC14,080$86.6K0.00%+46+0.3%Added
Regal Investment Advisors LLC13,606$83.7K0.00%00.0%Unchanged
Procyon Private Wealth Partners, LLC12,803$78.7K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC12,584$77.4K0.00%+33+0.3%Added
Spire Wealth Management12,464$76.7K0.00%00.0%Unchanged
Wedbush Securities Inc12,412$76.0K0.00%00.0%Unchanged
Wealthcare Advisory Partners LLC12,018$73.9K0.00%00.0%Unchanged
Simplicity Wealth,LLC12,000$73.8K0.00%+12,000New
AE Wealth Management LLC11,735$72.2K0.00%00.0%Unchanged
Umb Bank N A11,200$68.9K0.00%00.0%Unchanged
Jane Street Group, LLC11,172$68.7K0.00%−27,679−71.2%Reduced
Mesirow Financial Investment Management, Inc.10,199$62.7K0.00%+130+1.3%Added
TCTC Holdings, LLC10,020$61.6K0.00%00.0%Unchanged
Rothschild Investment LLC10,000$61.5K0.00%+7,000+233.3%Added
WealthCare Investment Partners, LLC10,000$60.7K0.02%00.0%Unchanged
Smallwood Wealth Investment Management, LLC9,000$55.4K0.03%00.0%Unchanged
Northwestern Mutual Wealth Management Co7,444$45.8K0.00%+188+2.6%Added
Gunpowder Capital Management, LLC dba Oliver Wealth Management7,100$43.7K0.03%00.0%Unchanged
Duncker Streett & Co Inc7,000$43.0K0.01%00.0%Unchanged
Activest Wealth Management6,600$40.6K0.01%+2,100+46.7%Added
Wolverine Asset Management LLC6,249$38.4K0.00%+6,249New
International Assets Investment Management, LLC5,700$34.8K0.00%+21+0.4%Added
The PNC Financial Services Group, Inc.4,110$25.3K0.00%00.0%Unchanged
Archetype Wealth Partners3,780$23.0K0.00%+3,780New
Global Wealth Strategies & Associates3,105$19.1K0.00%00.0%Unchanged
ORG Wealth Partners, LLC2,749$16.9K0.00%00.0%Unchanged
Old Point Trust & Financial Services N A2,684$16.5K0.01%00.0%Unchanged
Geneos Wealth Management Inc.2,144$13.2K0.00%00.0%Unchanged
AdvisorNet Financial, Inc2,124$13.1K0.00%00.0%Unchanged
Grove Bank & Trust1,959$12.0K0.00%00.0%Unchanged
Farther Finance Advisors, LLC1,454$8.89K0.00%+1,454New
Hilltop National Bank1,420$8.73K0.00%00.0%Unchanged
Ameriflex Group, Inc.1,200$7.38K0.00%00.0%Unchanged
Mascoma Wealth Management LLC670$4.12K0.00%00.0%Unchanged
CDKV Holdings LLC661$4.07K0.00%00.0%Unchanged
Community Financial Services Group, LLC570$3.48K0.00%+570New
Harbour Investments, Inc.459$2.82K0.00%+459New
CoreCap Advisors, LLC100$6150.00%00.0%Unchanged
Huntington National Bank–$60.00%––
Sit Investment Associates Inc0$00.00%−221,351−100.0%Sold out
Burford Brothers, Inc.0$00.00%−25,850−100.0%Sold out
Kennedy Investment Group0$00.00%−14,748−100.0%Sold out
Citadel Advisors LLC0$00.00%−12,065−100.0%Sold out
U.S. Capital Wealth Advisors, LLC0$00.00%−10,000−100.0%Sold out
Asset Dedication, LLC0$00.00%−2,823−100.0%Sold out
Concord Wealth Partners0$00.00%−1,554−100.0%Sold out
GAMMA Investing LLC0$00.00%−72−100.0%Sold out