Franklin Investment Grade Corporate ETF
FLCO
5 hedge funds and large institutions have $35.9M invested in Franklin Investment Grade Corporate ETF in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
67% more funds holding
Funds holding: 3 → 5 (+2)
2.78% more ownership
Funds ownership: 93.9% → 96.68% (+2.8%)
33% less capital invested
Capital invested by funds: $53.2M → $35.9M (-$17.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$281K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$79.8K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$67.2K |
| 4 |
Jane Street
New York
|
+$12.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $33.3M | -$18M | -727,295 | -35% |
|
|
2
Jane Street
New York
| $2.08M | +$12.5K | +504 | +0.6% |
|
|
VF
3
Virtu Financial
New York
| $281K | +$281K | +11,366 | New |
|
|
BFEC
4
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $162K | +$67.2K | +2,715 | +71% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $80K | +$79.8K | +3,224 | New |
|
FLCO Hedge Fund Activity: Q3 2017 in Review
5 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q3 2017, worth a combined $35.9M — down 33% from $53.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FLCO positions and 0 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $281K. The largest seller was Franklin Resources, cutting an estimated $18M.
- 5 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q3 2017, up from 3 in Q2 2017.
- Funds reported $35.9M of Franklin Investment Grade Corporate ETF stock for Q3 2017, down 33% quarter-over-quarter.
- 2 funds opened new Franklin Investment Grade Corporate ETF positions in Q3 2017 and 0 closed out, a net change of +2 holders.
- The largest Franklin Investment Grade Corporate ETF buyer in Q3 2017 was Virtu Financial, an estimated $281K added.
- The largest Franklin Investment Grade Corporate ETF seller in Q3 2017 was Franklin Resources, an estimated $18M sold.
Based on aggregated 13F filings for Q3 2017.