Franklin FTSE United Kingdom ETF
FLGB
15 hedge funds and large institutions have $70.1M invested in Franklin FTSE United Kingdom ETF in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
2.57% more ownership
Funds ownership: 85.03% → 87.61% (+2.6%)
9% less capital invested
Capital invested by funds: $77M → $70.1M (-$6.9M)
12% less funds holding
Funds holding: 17 → 15 (-2)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.45M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$674K |
| 3 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
+$424K |
| 4 |
Franklin Resources
San Mateo,
California
|
+$81.7K |
| 5 |
KPW
Kore Private Wealth
New York
|
+$70.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$12.2M |
| 2 |
Jane Street
New York
|
-$2.08M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.15M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$586K |
| 5 |
LNB
Ledyard National Bank
|
-$330K |
FLGB Hedge Fund Activity: Q2 2020 in Review
15 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Franklin FTSE United Kingdom ETF (FLGB) for Q2 2020, worth a combined $70.1M — down 9% from $77M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLGB and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Wells Fargo, adding an estimated $1.45M. The largest seller was Brinker Capital Investments, exiting entirely with an estimated $12.2M sold.
- 15 institutional investors held Franklin FTSE United Kingdom ETF (FLGB) as of Q2 2020, down from 17 in Q1 2020.
- Funds reported $70.1M of Franklin FTSE United Kingdom ETF stock for Q2 2020, down 9% quarter-over-quarter.
- 2 funds opened new Franklin FTSE United Kingdom ETF positions in Q2 2020 and 4 closed out, a net change of -2 holders.
- The largest Franklin FTSE United Kingdom ETF buyer in Q2 2020 was Wells Fargo, an estimated $1.45M added.
- The largest Franklin FTSE United Kingdom ETF seller in Q2 2020 was Brinker Capital Investments, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2020.