Franklin Managed Municipal IPMM

13F holders, Q4 2025 (December 31)
89holders +9
15new positions
9sold out
1famous investor
$6.27avg. 13F price*

At the end of Q4 2025, 89 institutions reported holding Franklin Managed Municipal I (PMM) in their 13F filings, up 9 from Q3 2025. 15 opened new positions and 9 sold out. The largest holders were Wells Fargo & Company ($7.0M), Hennion & Walsh Asset Management, Inc. ($6.3M) and Guggenheim Capital LLC ($5.9M). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).

Company
Franklin Managed Municipal I
Filed as
PUTNAM MANAGED MUN INCOME TR (Q4 2025)
CUSIP
746823103
Latest filing quarter
Q2 2026

History

Number of 13F holders

020406080100 Q1 2024: 93Q1 2024Q2 2024: 83Q2 2024Q3 2024: 92Q3 2024Q4 2024: 93Q4 2024Q1 2025: 81Q1 2025Q2 2025: 84Q2 2025Q3 2025: 80Q3 2025Q4 2025: 89Q4 2025Q1 2026: 90Q1 2026Q2 2026: 86Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions15$5.8M
Exits9$568K

All 13F filers, Q3 2025 → Q4 2025: 1,887,212 shares bought and 751,710 shares sold, net +1,135,502 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 89 holders

Wells Fargo & Company 0.00% Add +1.4% 1,111,767 $7.0M
Hennion & Walsh Asset Management, Inc. 0.22% Add +78.7% 1,009,350 $6.3M
Guggenheim Capital LLC 0.04% Reduce -3.7% 937,993 $5.9M
Advisors Asset Management, Inc. 0.09% Add +29.9% 867,048 $5.4M
Morgan Stanley 0.00% Add +0.7% 783,384 $4.9M
Raymond James Financial Inc. 0.00% Add +14.4% 627,050 $3.9M
Invesco Ltd. 0.00% Add +23.1% 417,901 $2.6M
Van Eck Associates Corp. 0.00% Add +13.6% 318,677 $2.0M
Ameriprise Financial Inc. 0.00% Reduce -5.5% 290,872 $1.8M
Rivernorth Capital Management, LLC 0.08% New 274,720 $1.7M
Robinson Capital Management, LLC 0.61% New 230,145 $1.4M
Sit Investment Associates Inc. 0.03% Reduce -56.0% 221,351 $1.4M
LPL Financial LLC 0.00% Add +58.9% 188,605 $1.2M
Bank of America Corp. 0.00% Add +4.1% 136,639 $857K
Cetera Investment Advisers 0.00% Reduce -3.4% 130,062 $815K
&partners 0.00% New 119,560 $750K
G2 Capital Management, LLC / Oh 0.16% New 107,416 $673K
Melfa Wealth Management, Inc. 0.35% No change 95,856 $601K
Royal Bank of Canada 0.00% Reduce -3.0% 92,194 $578K
Bridgewater Advisors Inc. 0.03% No change 76,102 $475K
UBS Group AG 0.00% Add +1.4% 73,080 $458K
Rockefeller Capital Management L.P. 0.00% Reduce -9.1% 72,420 $454K
XML Financial, LLC 0.03% Reduce -39.2% 67,563 $424K
Capital Investment Advisors, LLC 0.01% Reduce -13.1% 60,369 $379K
Keudell/Morrison Wealth Management 0.08% — 59,600 $374K
Oppenheimer & Co. Inc. 0.01% Reduce -4.9% 57,294 $359K
Commonwealth Equity Services, LLC 0.00% Add +0.7% 53,629 $336K
Osaic Holdings, Inc. 0.00% Reduce -23.3% 48,047 $301K
Susquehanna International Group, LLP 0.00% New 45,301 $284K
Allworth Financial LP 0.00% Reduce -6.7% 42,129 $264K
Tyche Wealth Partners LLC 0.04% No change 39,722 $249K
Jane Street Group, LLC 0.00% New 38,851 $244K
Ackerman Capital Advisors, LLC 0.05% Add +60.5% 37,584 $236K
HighTower Advisors, LLC 0.00% New 34,926 $219K
Kestra Advisory Services, LLC 0.00% Reduce -21.6% 34,852 $219K
WealthBridge Capital Management, LLC 0.05% Add +9.5% 34,000 $213K
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -9.2% 33,225 $208K
Gill Capital Partners, LLC 0.06% Reduce -4.4% 31,984 $201K
Clear Creek Financial Management, LLC 0.02% No change 31,870 $200K
Concurrent Investment Advisors, LLC 0.00% No change 29,014 $182K
Joseph P. Lucia & Associates, LLC 0.06% Reduce -6.2% 27,986 $175K
Wesbanco Bank Inc. 0.00% No change 27,700 $174K
Burford Brothers, Inc. 0.07% No change 25,850 $162K
NewEdge Advisors, LLC 0.00% Reduce -29.0% 24,419 $153K
Twin Focus Capital Partners, LLC 0.02% No change 23,993 $150K
Everstar Asset Management, LLC 0.07% Reduce -23.2% 22,200 $139K
Cohen & Steers, Inc. 0.00% New 20,000 $125K
Fortitude Advisory Group L.L.C. 0.05% No change 18,285 $115K
Ashton Thomas Private Wealth, LLC 0.00% No change 17,327 $109K
Noble Wealth Management PBC 0.05% Add +6.0% 16,793 $105K
Nomura Holdings Inc. 0.00% New 16,250 $102K
Kennedy Investment Group, Inc. 0.03% Reduce -91.6% 14,748 $92K
Meridian Wealth Management, LLC 0.00% No change 14,291 $90K
Mariner, LLC 0.00% No change 14,034 $88K
Regal Investment Advisors LLC 0.01% No change 13,606 $85K
Procyon Advisors, LLC 0.00% No change 12,803 $80K
Steward Partners Investment Advisory, LLC 0.00% Add +0.3% 12,551 $79K
Spire Wealth Management 0.00% No change 12,464 $78K
Wedbush Securities Inc. 0.00% No change 12,412 $78K
Citadel Advisors 0.00% New 12,065 $76K
Wealthcare Advisory Partners LLC 0.00% No change 12,018 $75K
AE Wealth Management LLC 0.00% No change 11,735 $74K
UMB Bank, n.a. 0.00% New 11,200 $70K
Mesirow Financial Investment Management, Inc. 0.00% New 10,069 $63K
TCTC Holdings, LLC 0.00% No change 10,020 $63K
U.S. Capital Wealth Advisors, LLC 0.00% Reduce -76.1% 10,000 $63K
WealthCare Investment Partners, LLC 0.02% No change 10,000 $62K
Smallwood Wealth Investment Management, LLC 0.03% No change 9,000 $56K
Northwestern Mutual Wealth Management Co. 0.00% Reduce -38.9% 7,256 $45K
Gunpowder Capital Management, LLC dba Oliver Wealth Management 0.03% — 7,100 $45K
Duncker Streett & Co. Inc. 0.01% No change 7,000 $44K
International Assets Investment Management, LLC 0.00% New 5,679 $36K
Activest Wealth Management 0.01% Reduce -31.8% 4,500 $28K
PNC Financial Services Group, Inc. 0.00% Reduce -22.8% 4,110 $26K
Global Wealth Strategies & Associates 0.00% No change 3,105 $19K
Rothschild Investment LLC 0.00% No change 3,000 $19K
Asset Dedication, LLC 0.00% New 2,823 $18K
Ascentis Wealth Management, LLC 0.00% No change 2,749 $17K
Towne Trust Company, N.A 0.01% New 2,684 $17K
Geneos Wealth Management Inc. 0.00% No change 2,144 $13K
AdvisorNet Financial, Inc 0.00% No change 2,124 $13K
Grove Bank & Trust 0.00% No change 1,959 $12K
Concord Wealth Partners 0.00% No change 1,554 $10K
Hilltop National Bank 0.00% No change 1,420 $9K
Ameriflex Group, Inc. 0.00% Reduce -50.0% 1,200 $8K
Mascoma Wealth Management LLC 0.00% No change 670 $4K
CDKV Holdings LLC 0.00% — 661 $4K
CoreCap Advisors, LLC 0.00% No change 100 $627
GAMMA Investing LLC 0.00% No change 72 $451

"% of holder's portfolio" is PMM's weight in each manager's 13F, not the share of Franklin Managed Municipal I the manager owns.