Franklin High Yield Corporate ETF
FLHY
9 hedge funds and large institutions have $293M invested in Franklin High Yield Corporate ETF in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
29% more funds holding
Funds holding: 7 → 9 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less capital invested
Capital invested by funds: $342M → $293M (-$48.4M)
27.3% less ownership
Funds ownership: 197.98% → 170.68% (-27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
Prentice Wealth Management
Rochester,
New York
|
+$912K |
| 2 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$455K |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$322K |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$130K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$88.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$48.3M |
| 2 |
Jane Street
New York
|
-$764K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $279M | -$48.3M | -1,820,529 | -15% |
|
|
PWM
2
Prentice Wealth Management
Rochester,
New York
| $11.5M | +$912K | +34,340 | +9% |
|
|
CTC
3
Central Trust Company
Jefferson City,
Missouri
| $974K | +$455K | +17,136 | +87% |
|
|
APA
4
American Portfolios Advisors
Holbrook,
New York
| $825K | +$130K | +4,886 | +19% |
|
|
5
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $784K | +$88.1K | +3,316 | +13% |
|
|
CAN
6
Claraphi Advisory Network
Aliso Viejo,
United States
| $320K | +$322K | +12,118 | New |
|
|
AAM
7
Advisors Asset Management
Monument,
Colorado
| $81K | +$81.6K | +3,073 | New |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | +$4.36K | +164 | New |
|
|
9
Jane Street
New York
| – | -$764K | -28,786 | Closed |
|
FLHY Hedge Fund Activity: Q3 2021 in Review
9 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Franklin High Yield Corporate ETF (FLHY) for Q3 2021, worth a combined $293M — down 14% from $342M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FLHY positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Prentice Wealth Management, adding an estimated $912K. The largest seller was Franklin Resources, cutting an estimated $48.3M.
- 9 institutional investors held Franklin High Yield Corporate ETF (FLHY) as of Q3 2021, up from 7 in Q2 2021.
- Funds reported $293M of Franklin High Yield Corporate ETF stock for Q3 2021, down 14% quarter-over-quarter.
- 3 funds opened new Franklin High Yield Corporate ETF positions in Q3 2021 and 1 closed out, a net change of +2 holders.
- The largest Franklin High Yield Corporate ETF buyer in Q3 2021 was Prentice Wealth Management, an estimated $912K added.
- The largest Franklin High Yield Corporate ETF seller in Q3 2021 was Franklin Resources, an estimated $48.3M sold.
Based on aggregated 13F filings for Q3 2021.