Franklin Investment Grade Corporate ETF
FLCO
7 hedge funds and large institutions have $12.9M invested in Franklin Investment Grade Corporate ETF in 2018 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding
Funds holding: 7 → 7 (0)
9.43% less ownership
Funds ownership: 84% → 74.57% (-9.4%)
43% less capital invested
Capital invested by funds: $22.7M → $12.9M (-$9.81M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$216K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$93.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$6.84M |
| 2 |
Jane Street
New York
|
-$2.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $9.73M | -$6.84M | -295,407 | -41% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $2.16M | +$93.4K | +4,038 | +5% |
|
|
BFEC
3
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $531K | +$216K | +9,350 | +69% |
|
|
4
Jane Street
New York
| $316K | -$2.89M | -124,920 | -90% |
|
5
Morgan Stanley
New York
| $106K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $81K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $9K | +$5.11K | +221 | +138% |
|
FLCO Hedge Fund Activity: Q4 2018 in Review
7 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q4 2018, worth a combined $12.9M — down 43% from $22.7M a quarter earlier.
Fund positioning in FLCO was balanced in Q4 2018: 0 funds opened new positions, 0 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Benjamin F. Edwards & Company, adding an estimated $216K. The largest seller was Franklin Resources, cutting an estimated $6.84M.
- 7 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $12.9M of Franklin Investment Grade Corporate ETF stock for Q4 2018, down 43% quarter-over-quarter.
- 0 funds opened new Franklin Investment Grade Corporate ETF positions in Q4 2018 and 0 closed out.
- The largest Franklin Investment Grade Corporate ETF buyer in Q4 2018 was Benjamin F. Edwards & Company, an estimated $216K added.
- The largest Franklin Investment Grade Corporate ETF seller in Q4 2018 was Franklin Resources, an estimated $6.84M sold.
Based on aggregated 13F filings for Q4 2018.