Franklin Investment Grade Corporate ETF
FLCO
25 hedge funds and large institutions have $987M invested in Franklin Investment Grade Corporate ETF in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 4 closing their positions.
4% less capital invested
Capital invested by funds: $1.03B → $987M (-$40.9M)
2.72% less ownership
Funds ownership: 98.86% → 96.14% (-2.7%)
4% less funds holding
Funds holding: 26 → 25 (-1)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$724K |
| 2 |
Morgan Stanley
New York
|
+$422K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$131K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$90.4K |
| 5 |
LPL Financial
San Diego,
California
|
+$81.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$22.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.4M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$3.74M |
| 4 |
Jane Street
New York
|
-$1.16M |
| 5 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
-$674K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SW
26
SVB Wealth
Boston,
Massachusetts
| – | -$461K | -17,755 | Closed |
|
|
FTUS
27
Flow Traders U.S.
New York
| – | -$424K | -16,358 | Closed |
|
|
OMC
28
Old Mission Capital
Chicago,
Illinois
| – | -$301K | -11,600 | Closed |
|
29
Fidelity Investments
Boston,
Massachusetts
| – | +$26 | +1 | New |
|
FLCO Hedge Fund Activity: Q4 2021 in Review
25 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q4 2021, worth a combined $987M — down 4% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLCO and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $724K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $22.6M sold.
- 25 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q4 2021, down from 26 in Q3 2021.
- Funds reported $987M of Franklin Investment Grade Corporate ETF stock for Q4 2021, down 4% quarter-over-quarter.
- 3 funds opened new Franklin Investment Grade Corporate ETF positions in Q4 2021 and 4 closed out, a net change of -1 holder.
- The largest Franklin Investment Grade Corporate ETF buyer in Q4 2021 was Citadel Advisors, an estimated $724K added.
- The largest Franklin Investment Grade Corporate ETF seller in Q4 2021 was Susquehanna International Group, an estimated $22.6M sold.
Based on aggregated 13F filings for Q4 2021.