Franklin High Yield Corporate ETF
FLHY
7 hedge funds and large institutions have $129M invested in Franklin High Yield Corporate ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
151% more capital invested
Capital invested by funds: $51.6M → $129M (+$77.7M)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
29.51% more ownership
Funds ownership: 70.36% → 99.87% (+30%)
17% more funds holding
Funds holding: 6 → 7 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$95.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$338K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$87K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$25.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.34M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$60.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $127M | +$95.4M | +3,795,084 | +207% |
|
|
2
Stifel Financial
St. Louis,
Missouri
| $1.28M | +$87K | +3,463 | +6% |
|
|
3
Wells Fargo
San Francisco,
California
| $465K | -$60.8K | -2,421 | -10% |
|
|
4
Envestnet Asset Management
Chicago,
Illinois
| $303K | +$338K | +13,445 | New |
|
5
Osaic Holdings
Scottsdale,
Arizona
| $303K | +$338K | +13,445 | New |
|
|
LTI
6
Laffer Tengler Investments
Nashville,
Tennessee
| $190K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $23K | +$25.3K | +1,005 | New |
|
|
8
Jane Street
New York
| – | -$1.34M | -51,261 | Closed |
|
FLHY Hedge Fund Activity: Q1 2020 in Review
7 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Franklin High Yield Corporate ETF (FLHY) for Q1 2020, worth a combined $129M — up 151% from $51.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FLHY positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Franklin Resources, adding an estimated $95.4M. The largest seller was Jane Street, exiting entirely with an estimated $1.34M sold.
- 7 institutional investors held Franklin High Yield Corporate ETF (FLHY) as of Q1 2020, up from 6 in Q4 2019.
- Funds reported $129M of Franklin High Yield Corporate ETF stock for Q1 2020, up 151% quarter-over-quarter.
- 3 funds opened new Franklin High Yield Corporate ETF positions in Q1 2020 and 1 closed out, a net change of +2 holders.
- The largest Franklin High Yield Corporate ETF buyer in Q1 2020 was Franklin Resources, an estimated $95.4M added.
- The largest Franklin High Yield Corporate ETF seller in Q1 2020 was Jane Street, an estimated $1.34M sold.
Based on aggregated 13F filings for Q1 2020.