Franklin FTSE United Kingdom ETF
FLGB
48 hedge funds and large institutions have $476M invested in Franklin FTSE United Kingdom ETF in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 8 closing their positions.
4% less funds holding
Funds holding: 50 → 48 (-2)
10% less capital invested
Capital invested by funds: $526M → $476M (-$50.7M)
13.16% less ownership
Funds ownership: 90.22% → 77.06% (-13%)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
CX Institutional
Auburn,
Indiana
|
+$12.8M |
| 2 |
Jane Street
New York
|
+$7.01M |
| 3 |
Morgan Stanley
New York
|
+$6.86M |
| 4 |
PPWP
Proquility Private Wealth Partners
Las Vegas,
Nevada
|
+$5.95M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$5.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$72.3M |
| 2 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$15.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$14.4M |
| 4 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
-$5.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
51
Syon Capital
San Francisco,
California
| – | -$232K | -9,695 | Closed |
|
|
MM
52
Main Management
San Francisco,
California
| – | -$32K | -1,351 | Closed |
|
|
OCM
53
Orion Capital Management
Coronado,
California
| – | -$25.3K | -1,059 | Closed |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| – | -$11.5K | -481 | Closed |
|
|
CSPIA
55
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$7.46K | -312 | Closed |
|
56
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6.41K | -268 | Closed |
|
FLGB Hedge Fund Activity: Q4 2023 in Review
48 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Franklin FTSE United Kingdom ETF (FLGB) for Q4 2023, worth a combined $476M — down 9.6% from $526M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FLGB and 6 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 14 added.
The largest buyer was CX Institutional, opening a new position worth an estimated $12.8M. The largest seller was Franklin Resources, cutting an estimated $72.3M.
- 48 institutional investors held Franklin FTSE United Kingdom ETF (FLGB) as of Q4 2023, down from 50 in Q3 2023.
- Funds reported $476M of Franklin FTSE United Kingdom ETF stock for Q4 2023, down 9.6% quarter-over-quarter.
- 6 funds opened new Franklin FTSE United Kingdom ETF positions in Q4 2023 and 8 closed out, a net change of -2 holders.
- The largest Franklin FTSE United Kingdom ETF buyer in Q4 2023 was CX Institutional, an estimated $12.8M added.
- The largest Franklin FTSE United Kingdom ETF seller in Q4 2023 was Franklin Resources, an estimated $72.3M sold.
Based on aggregated 13F filings for Q4 2023.