Franklin FTSE Australia ETF
FLAU
3 hedge funds and large institutions have $1.38M invested in Franklin FTSE Australia ETF in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
5.27% less ownership
Funds ownership: 17.28% → 12.01% (-5.3%)
23% less capital invested
Capital invested by funds: $1.78M → $1.38M (-$409K)
40% less funds holding
Funds holding: 5 → 3 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWA
KCS Wealth Advisory
Los Angeles,
California
|
+$165K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$101 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$426K |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$114K |
| 3 |
TA
TCG Advisors
Austin,
Texas
|
-$16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Kovitz Investment Group Partners
Chicago,
Illinois
| $1.2M | -$114K | -4,492 | -9% |
|
|
KWA
2
KCS Wealth Advisory
Los Angeles,
California
| $166K | +$165K | +6,525 | New |
|
|
3
Bank of America
Charlotte,
North Carolina
| $14K | +$101 | +4 | +0.8% |
|
|
CS
4
Credit Suisse
Zurich,
Switzerland
| – | -$426K | -16,481 | Closed |
|
|
TA
5
TCG Advisors
Austin,
Texas
| – | -$16K | -630 | Closed |
|
FLAU Hedge Fund Activity: Q3 2019 in Review
3 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Franklin FTSE Australia ETF (FLAU) for Q3 2019, worth a combined $1.38M — down 23% from $1.78M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FLAU and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was KCS Wealth Advisory, opening a new position worth an estimated $165K. The largest seller was Credit Suisse, exiting entirely with an estimated $426K sold.
- 3 institutional investors held Franklin FTSE Australia ETF (FLAU) as of Q3 2019, down from 5 in Q2 2019.
- Funds reported $1.38M of Franklin FTSE Australia ETF stock for Q3 2019, down 23% quarter-over-quarter.
- 1 fund opened new Franklin FTSE Australia ETF positions in Q3 2019 and 3 closed out, a net change of -2 holders.
- The largest Franklin FTSE Australia ETF buyer in Q3 2019 was KCS Wealth Advisory, an estimated $165K added.
- The largest Franklin FTSE Australia ETF seller in Q3 2019 was Credit Suisse, an estimated $426K sold.
Based on aggregated 13F filings for Q3 2019.