Franklin FTSE China ETF
FLCH
25 hedge funds and large institutions have $36.5M invested in Franklin FTSE China ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.9% less ownership
Funds ownership: 36.66% → 35.75% (-0.9%)
13% less capital invested
Capital invested by funds: $41.8M → $36.5M (-$5.38M)
14% less funds holding
Funds holding: 29 → 25 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$844K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$636K |
| 3 |
Morgan Stanley
New York
|
+$398K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$72.3K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.02M |
| 2 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$884K |
| 3 |
Jane Street
New York
|
-$790K |
| 4 |
LPL Financial
San Diego,
California
|
-$145K |
| 5 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Envestnet Asset Management
Chicago,
Illinois
| – | -$1.02M | -51,902 | Closed |
|
|
MWM
27
Merriman Wealth Management
Seattle,
Washington
| – | -$884K | -44,964 | Closed |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$97.6K | -4,968 | Closed |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| – | -$19.6K | -1,000 | Closed |
|
30
Simplex Trading
Chicago,
Illinois
| – | -$1K | -97 | Closed |
|
FLCH Hedge Fund Activity: Q2 2023 in Review
25 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Franklin FTSE China ETF (FLCH) for Q2 2023, worth a combined $36.5M — down 13% from $41.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FLCH and 1 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 12 added.
The largest buyer was Old Mission Capital, adding an estimated $844K. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.02M sold.
- 25 institutional investors held Franklin FTSE China ETF (FLCH) as of Q2 2023, down from 29 in Q1 2023.
- Funds reported $36.5M of Franklin FTSE China ETF stock for Q2 2023, down 13% quarter-over-quarter.
- 1 fund opened new Franklin FTSE China ETF positions in Q2 2023 and 5 closed out, a net change of -4 holders.
- The largest Franklin FTSE China ETF buyer in Q2 2023 was Old Mission Capital, an estimated $844K added.
- The largest Franklin FTSE China ETF seller in Q2 2023 was Envestnet Asset Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q2 2023.