Franklin High Yield Corporate ETF
FLHY
6 hedge funds and large institutions have $51.6M invested in Franklin High Yield Corporate ETF in 2019 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 2 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
69% more capital invested
Capital invested by funds: $30.5M → $51.6M (+$21.1M)
25% less funds holding
Funds holding: 8 → 6 (-2)
28.02% less ownership
Funds ownership: 98.38% → 70.36% (-28%)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$22.4M |
| 2 |
Jane Street
New York
|
+$347K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$126K |
| 4 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$520 |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$104 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$56.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$45K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $48M | +$22.4M | +860,248 | +88% |
|
|
2
Stifel Financial
St. Louis,
Missouri
| $1.4M | +$126K | +4,831 | +10% |
|
|
3
Jane Street
New York
| $1.34M | +$347K | +13,352 | +35% |
|
|
4
Wells Fargo
San Francisco,
California
| $604K | -$56.6K | -2,178 | -9% |
|
|
LTI
5
Laffer Tengler Investments
Nashville,
Tennessee
| $221K | +$520 | +20 | +0.2% |
|
|
AG
6
Advisor Group
Phoenix,
Arizona
| $10K | +$104 | +4 | +1% |
|
|
7
Citigroup
New York
| – | -$2.2M | -85,000 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$45K | -1,738 | Closed |
|
FLHY Hedge Fund Activity: Q4 2019 in Review
6 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Franklin High Yield Corporate ETF (FLHY) for Q4 2019, worth a combined $51.6M — up 69% from $30.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FLHY and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was Franklin Resources, adding an estimated $22.4M. The largest seller was Citigroup, exiting entirely with an estimated $2.2M sold.
- 6 institutional investors held Franklin High Yield Corporate ETF (FLHY) as of Q4 2019, down from 8 in Q3 2019.
- Funds reported $51.6M of Franklin High Yield Corporate ETF stock for Q4 2019, up 69% quarter-over-quarter.
- 0 funds opened new Franklin High Yield Corporate ETF positions in Q4 2019 and 2 closed out, a net change of -2 holders.
- The largest Franklin High Yield Corporate ETF buyer in Q4 2019 was Franklin Resources, an estimated $22.4M added.
- The largest Franklin High Yield Corporate ETF seller in Q4 2019 was Citigroup, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2019.