Franklin Investment Grade Corporate ETF
FLCO
23 hedge funds and large institutions have $1B invested in Franklin Investment Grade Corporate ETF in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
5% more funds holding
Funds holding: 22 → 23 (+1)
0.33% more ownership
Funds ownership: 97.84% → 98.18% (+0.33%)
4% less capital invested
Capital invested by funds: $1.04B → $1B (-$36.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$30.4M |
| 2 |
Jane Street
New York
|
+$1.7M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$139K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$113K |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$48.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.56M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
-$813K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$425K |
| 4 |
Morgan Stanley
New York
|
-$287K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$183K |
FLCO Hedge Fund Activity: Q1 2021 in Review
23 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Franklin Investment Grade Corporate ETF (FLCO) for Q1 2021, worth a combined $1B — down 3.5% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FLCO positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Franklin Resources, adding an estimated $30.4M. The largest seller was Bank of America, cutting an estimated $6.56M.
- 23 institutional investors held Franklin Investment Grade Corporate ETF (FLCO) as of Q1 2021, up from 22 in Q4 2020.
- Funds reported $1B of Franklin Investment Grade Corporate ETF stock for Q1 2021, down 3.5% quarter-over-quarter.
- 3 funds opened new Franklin Investment Grade Corporate ETF positions in Q1 2021 and 2 closed out, a net change of +1 holder.
- The largest Franklin Investment Grade Corporate ETF buyer in Q1 2021 was Franklin Resources, an estimated $30.4M added.
- The largest Franklin Investment Grade Corporate ETF seller in Q1 2021 was Bank of America, an estimated $6.56M sold.
Based on aggregated 13F filings for Q1 2021.