Franklin FTSE Canada ETF
FLCA
32 hedge funds and large institutions have $250M invested in Franklin FTSE Canada ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
28% more funds holding
Funds holding: 25 → 32 (+7)
17% more capital invested
Capital invested by funds: $214M → $250M (+$36.4M)
0.01% less ownership
Funds ownership: 89.39% → 89.39% (-0.01%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$33.5M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$3.18M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$2.99M |
| 4 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$1.4M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$10.4M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$838K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$531K |
| 4 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$249K |
| 5 |
NA
Nottingham Advisors
Amherst,
New York
|
-$200K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BEI
26
Benjamin Edwards Inc
Clayton,
Missouri
| $90K | +$90.2K | +2,911 | New |
|
27
UBS Group
Zurich,
Switzerland
| $82.9K | +$83.5K | +2,694 | New |
|
28
Morgan Stanley
New York
| $34.5K | +$3.78K | +122 | +12% |
|
|
PA
29
Parallel Advisors
San Francisco,
California
| $32.1K | +$32.3K | +1,044 | New |
|
|
OCM
30
Orion Capital Management
Coronado,
California
| $18.9K | +$19.1K | +615 | New |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $14.6K | -$8.8K | -284 | -33% |
|
32
Osaic Holdings
Scottsdale,
Arizona
| $7.23K | -$13.7K | -443 | -65% |
|
33
Wells Fargo
San Francisco,
California
| $9 | -$2.76K | -89 | Closed |
|
|
OMC
34
Old Mission Capital
Chicago,
Illinois
| – | -$838K | -28,188 | Closed |
|
FLCA Hedge Fund Activity: Q1 2023 in Review
32 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Franklin FTSE Canada ETF (FLCA) for Q1 2023, worth a combined $250M — up 17% from $214M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FLCA positions and 2 closed out — a net gain of 8 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Bank of America, adding an estimated $33.5M. The largest seller was Municipal Employees' Retirement System of Michigan, cutting an estimated $10.4M.
- 32 institutional investors held Franklin FTSE Canada ETF (FLCA) as of Q1 2023, up from 25 in Q4 2022.
- Funds reported $250M of Franklin FTSE Canada ETF stock for Q1 2023, up 17% quarter-over-quarter.
- 10 funds opened new Franklin FTSE Canada ETF positions in Q1 2023 and 2 closed out, a net change of +8 holders.
- The largest Franklin FTSE Canada ETF buyer in Q1 2023 was Bank of America, an estimated $33.5M added.
- The largest Franklin FTSE Canada ETF seller in Q1 2023 was Municipal Employees' Retirement System of Michigan, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2023.