Franklin Investment Grade Corporate ETF
FLCO
7 hedge funds and large institutions have $34.9M invested in Franklin Investment Grade Corporate ETF in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 4 closing their positions.
2% less capital invested
Capital invested by funds: $35.4M → $34.9M (-$540K)
8.32% less ownership
Funds ownership: 89.33% → 81.01% (-8.3%)
22% less funds holding
Funds holding: 9 → 7 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$2.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$313K |
| 3 |
Morgan Stanley
New York
|
+$126K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.72M |
| 2 |
VF
Virtu Financial
New York
|
-$282K |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$13K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $34.1M | +$2.23M | +91,996 | +7% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $309K | +$313K | +12,931 | New |
|
|
BFEC
3
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $268K | +$1.45K | +60 | +0.5% |
|
|
4
Morgan Stanley
New York
| $124K | +$126K | +5,180 | New |
|
5
Bank of America
Charlotte,
North Carolina
| $77K | – | – | – |
|
|
IWM
6
IHT Wealth Management
Chicago,
Illinois
| $14K | – | – | – |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | – | – | – |
|
|
8
Jane Street
New York
| – | -$1.72M | -69,396 | Closed |
|
|
VF
9
Virtu Financial
New York
| – | -$282K | -11,366 | Closed |
|
|
10
Bessemer Group
Woodbridge,
New Jersey
| – | -$13K | -540 | Closed |
|
FLCO Hedge Fund Activity: Q1 2018 in Review
7 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q1 2018, worth a combined $34.9M — down 1.5% from $35.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLCO and 2 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Franklin Resources, adding an estimated $2.23M. The largest seller was Jane Street, exiting entirely with an estimated $1.72M sold.
- 7 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q1 2018, down from 9 in Q4 2017.
- Funds reported $34.9M of Franklin Investment Grade Corporate ETF stock for Q1 2018, down 1.5% quarter-over-quarter.
- 2 funds opened new Franklin Investment Grade Corporate ETF positions in Q1 2018 and 4 closed out, a net change of -2 holders.
- The largest Franklin Investment Grade Corporate ETF buyer in Q1 2018 was Franklin Resources, an estimated $2.23M added.
- The largest Franklin Investment Grade Corporate ETF seller in Q1 2018 was Jane Street, an estimated $1.72M sold.
Based on aggregated 13F filings for Q1 2018.