Franklin Investment Grade Corporate ETF
FLCO
28 hedge funds and large institutions have $618M invested in Franklin Investment Grade Corporate ETF in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 3 closing their positions.
6% more capital invested
Capital invested by funds: $586M → $618M (+$32.4M)
0.29% more ownership
Funds ownership: 95.15% → 95.44% (+0.29%)
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$38.1M |
| 2 |
HFS
Hantz Financial Services
Southfield,
Michigan
|
+$19.3M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.19M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$499K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$419K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$61.3M |
| 2 |
Jane Street
New York
|
-$2.52M |
| 3 |
Bank of New York Mellon
New York
|
-$1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$926K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$492K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $8K | -$926K | -44,944 | -99% |
|
|
GRP
27
Global Retirement Partners
San Rafael,
California
| $1.72K | – | – | – |
|
|
GEA
28
Glen Eagle Advisors
Kingston,
New Jersey
| $736 | – | – | – |
|
|
29
Jane Street
New York
| – | -$2.52M | -124,031 | Closed |
|
30
Brown Advisory
Baltimore,
Maryland
| – | -$469K | -23,108 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$1.05K | -52 | Closed |
|
FLCO Hedge Fund Activity: Q4 2023 in Review
28 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q4 2023, worth a combined $618M — up 5.5% from $586M a quarter earlier.
Fund positioning in FLCO was balanced in Q4 2023: 3 funds opened new positions, 3 closed out, 9 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $38.1M. The largest seller was Franklin Resources, cutting an estimated $61.3M.
- 28 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $618M of Franklin Investment Grade Corporate ETF stock for Q4 2023, up 5.5% quarter-over-quarter.
- 3 funds opened new Franklin Investment Grade Corporate ETF positions in Q4 2023 and 3 closed out, a net change of 0 holders.
- The largest Franklin Investment Grade Corporate ETF buyer in Q4 2023 was Morgan Stanley, an estimated $38.1M added.
- The largest Franklin Investment Grade Corporate ETF seller in Q4 2023 was Franklin Resources, an estimated $61.3M sold.
Based on aggregated 13F filings for Q4 2023.