Franklin Investment Grade Corporate ETF
FLCO
6 hedge funds and large institutions have $30.9M invested in Franklin Investment Grade Corporate ETF in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
6.41% more ownership
Funds ownership: 81.01% → 87.42% (+6.4%)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
12% less capital invested
Capital invested by funds: $34.9M → $30.9M (-$4.02M)
14% less funds holding
Funds holding: 7 → 6 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.83M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.17K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$4.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$4.99M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$309K |
| 3 |
Morgan Stanley
New York
|
-$14.2K |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $28.6M | -$4.99M | -210,268 | -15% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $1.89M | +$1.83M | +77,049 | +2,390% |
|
|
BFEC
3
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $268K | +$4.51K | +190 | +2% |
|
|
4
Morgan Stanley
New York
| $108K | -$14.2K | -600 | -12% |
|
|
LTFS
5
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $6K | +$6.17K | +260 | New |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$309K | -12,931 | Closed |
|
|
IWM
8
IHT Wealth Management
Chicago,
Illinois
| – | -$14K | -600 | Closed |
|
FLCO Hedge Fund Activity: Q2 2018 in Review
6 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q2 2018, worth a combined $30.9M — down 12% from $34.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FLCO and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was Bank of America, adding an estimated $1.83M. The largest seller was Franklin Resources, cutting an estimated $4.99M.
- 6 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q2 2018, down from 7 in Q1 2018.
- Funds reported $30.9M of Franklin Investment Grade Corporate ETF stock for Q2 2018, down 12% quarter-over-quarter.
- 1 fund opened new Franklin Investment Grade Corporate ETF positions in Q2 2018 and 2 closed out, a net change of -1 holder.
- The largest Franklin Investment Grade Corporate ETF buyer in Q2 2018 was Bank of America, an estimated $1.83M added.
- The largest Franklin Investment Grade Corporate ETF seller in Q2 2018 was Franklin Resources, an estimated $4.99M sold.
Based on aggregated 13F filings for Q2 2018.