Franklin Investment Grade Corporate ETF
FLCO
7 hedge funds and large institutions have $13.1M invested in Franklin Investment Grade Corporate ETF in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
1% more capital invested
Capital invested by funds: $12.9M → $13.1M (+$154K)
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
2.21% less ownership
Funds ownership: 74.57% → 72.36% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$156K |
| 2 |
Franklin Resources
San Mateo,
California
|
+$59.7K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.46K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$574K |
| 2 |
Jane Street
New York
|
-$33.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $10.2M | +$59.7K | +2,527 | +0.6% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $1.67M | -$574K | -24,277 | -26% |
|
|
BFEC
3
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $713K | +$156K | +6,618 | +29% |
|
|
4
Jane Street
New York
| $295K | -$33.9K | -1,435 | -11% |
|
5
Morgan Stanley
New York
| $110K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $85K | – | – | – |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | +$9.46K | +400 | New |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$9K | -381 | Closed |
|
FLCO Hedge Fund Activity: Q1 2019 in Review
7 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q1 2019, worth a combined $13.1M — up 1.2% from $12.9M a quarter earlier.
Fund positioning in FLCO was balanced in Q1 2019: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 2 trimmed.
The largest buyer was Benjamin F. Edwards & Company, adding an estimated $156K. The largest seller was Bank of America, cutting an estimated $574K.
- 7 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $13.1M of Franklin Investment Grade Corporate ETF stock for Q1 2019, up 1.2% quarter-over-quarter.
- 1 fund opened new Franklin Investment Grade Corporate ETF positions in Q1 2019 and 1 closed out, a net change of 0 holders.
- The largest Franklin Investment Grade Corporate ETF buyer in Q1 2019 was Benjamin F. Edwards & Company, an estimated $156K added.
- The largest Franklin Investment Grade Corporate ETF seller in Q1 2019 was Bank of America, an estimated $574K sold.
Based on aggregated 13F filings for Q1 2019.