Franklin High Yield Corporate ETF
FLHY
5 hedge funds and large institutions have $153M invested in Franklin High Yield Corporate ETF in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 4 closing their positions.
18% more capital invested
Capital invested by funds: $129M → $153M (+$23.5M)
8.02% less ownership
Funds ownership: 99.87% → 91.85% (-8%)
29% less funds holding
Funds holding: 7 → 5 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$4.27M |
| 2 |
Jane Street
New York
|
+$3.74M |
| 3 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$1.28M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$498K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$303K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$220K |
| 5 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
-$190K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $149M | +$4.27M | +177,086 | +3% |
|
|
2
Jane Street
New York
| $3.81M | +$3.74M | +154,934 | New |
|
|
APA
3
American Portfolios Advisors
Holbrook,
New York
| $131K | +$128K | +5,323 | New |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $107K | -$220K | -9,104 | -68% |
|
|
5
Stifel Financial
St. Louis,
Missouri
| – | -$1.28M | -57,034 | Closed |
|
|
6
Wells Fargo
San Francisco,
California
| – | -$498K | -20,654 | -100% |
|
|
7
Envestnet Asset Management
Chicago,
Illinois
| – | -$303K | -13,445 | Closed |
|
|
LTI
8
Laffer Tengler Investments
Nashville,
Tennessee
| – | -$190K | -8,443 | Closed |
|
9
UBS Group
Zurich,
Switzerland
| – | -$23K | -1,005 | Closed |
|
FLHY Hedge Fund Activity: Q2 2020 in Review
5 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Franklin High Yield Corporate ETF (FLHY) for Q2 2020, worth a combined $153M — up 18% from $129M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FLHY and 2 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Franklin Resources, adding an estimated $4.27M. The largest seller was Stifel Financial, exiting entirely with an estimated $1.28M sold.
- 5 institutional investors held Franklin High Yield Corporate ETF (FLHY) as of Q2 2020, down from 7 in Q1 2020.
- Funds reported $153M of Franklin High Yield Corporate ETF stock for Q2 2020, up 18% quarter-over-quarter.
- 2 funds opened new Franklin High Yield Corporate ETF positions in Q2 2020 and 4 closed out, a net change of -2 holders.
- The largest Franklin High Yield Corporate ETF buyer in Q2 2020 was Franklin Resources, an estimated $4.27M added.
- The largest Franklin High Yield Corporate ETF seller in Q2 2020 was Stifel Financial, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2020.