Franklin Investment Grade Corporate ETF
FLCO
9 hedge funds and large institutions have $35.4M invested in Franklin Investment Grade Corporate ETF in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and closing their positions.
80% more funds holding
Funds holding: 5 → 9 (+4)
1% less capital invested
Capital invested by funds: $35.9M → $35.4M (-$494K)
7.35% less ownership
Funds ownership: 96.68% → 89.33% (-7.3%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$114K |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$14.9K |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$13.4K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$6.19K |
| 5 |
WCG
Wall Capital Group
Phoenix,
Arizona
|
+$25 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$357K |
| 2 |
Franklin Resources
San Mateo,
California
|
-$308K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $33M | -$308K | -12,458 | -0.9% |
|
|
2
Jane Street
New York
| $1.72M | -$357K | -14,402 | -17% |
|
|
VF
3
Virtu Financial
New York
| $282K | – | – | – |
|
|
BFEC
4
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $276K | +$114K | +4,590 | +70% |
|
5
Bank of America
Charlotte,
North Carolina
| $80K | – | – | – |
|
|
IWM
6
IHT Wealth Management
Chicago,
Illinois
| $15K | +$14.9K | +600 | New |
|
|
7
Bessemer Group
Woodbridge,
New Jersey
| $13K | +$13.4K | +540 | New |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | +$6.19K | +250 | New |
|
|
WCG
9
Wall Capital Group
Phoenix,
Arizona
| – | +$25 | +1 | New |
|
FLCO Hedge Fund Activity: Q4 2017 in Review
9 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q4 2017, worth a combined $35.4M — down 1.4% from $35.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FLCO positions and 0 closed out — a net gain of 4 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Benjamin F. Edwards & Company, adding an estimated $114K. The largest seller was Jane Street, cutting an estimated $357K.
- 9 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q4 2017, up from 5 in Q3 2017.
- Funds reported $35.4M of Franklin Investment Grade Corporate ETF stock for Q4 2017, down 1.4% quarter-over-quarter.
- 4 funds opened new Franklin Investment Grade Corporate ETF positions in Q4 2017 and 0 closed out, a net change of +4 holders.
- The largest Franklin Investment Grade Corporate ETF buyer in Q4 2017 was Benjamin F. Edwards & Company, an estimated $114K added.
- The largest Franklin Investment Grade Corporate ETF seller in Q4 2017 was Jane Street, an estimated $357K sold.
Based on aggregated 13F filings for Q4 2017.