Franklin Investment Grade Corporate ETF
FLCO
7 hedge funds and large institutions have $22.7M invested in Franklin Investment Grade Corporate ETF in 2018 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 0 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
17% more funds holding
Funds holding: 6 → 7 (+1)
3.42% less ownership
Funds ownership: 87.42% → 84% (-3.4%)
26% less capital invested
Capital invested by funds: $30.9M → $22.7M (-$8.11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.28M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$213K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$77.1K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$52.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$11.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $16.9M | -$11.8M | -498,256 | -41% |
|
|
2
Jane Street
New York
| $3.27M | +$3.28M | +138,579 | New |
|
|
3
Bank of America
Charlotte,
North Carolina
| $2.1M | +$213K | +9,012 | +11% |
|
|
BFEC
4
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $321K | +$52.7K | +2,225 | +20% |
|
5
Morgan Stanley
New York
| $108K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $83K | +$77.1K | +3,256 | +1,302% |
|
|
7
UBS Group
Zurich,
Switzerland
| $4K | -$2.37K | -100 | -38% |
|
FLCO Hedge Fund Activity: Q3 2018 in Review
7 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q3 2018, worth a combined $22.7M — down 26% from $30.9M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FLCO positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $3.28M. The largest seller was Franklin Resources, cutting an estimated $11.8M.
- 7 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q3 2018, up from 6 in Q2 2018.
- Funds reported $22.7M of Franklin Investment Grade Corporate ETF stock for Q3 2018, down 26% quarter-over-quarter.
- 1 fund opened new Franklin Investment Grade Corporate ETF positions in Q3 2018 and 0 closed out, a net change of +1 holder.
- The largest Franklin Investment Grade Corporate ETF buyer in Q3 2018 was Jane Street, an estimated $3.28M added.
- The largest Franklin Investment Grade Corporate ETF seller in Q3 2018 was Franklin Resources, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2018.