Franklin High Yield Corporate ETF
FLHY
16 hedge funds and large institutions have $151M invested in Franklin High Yield Corporate ETF in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
33% more funds holding
Funds holding: 12 → 16 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $173M → $151M (-$22.1M)
47.67% less ownership
Funds ownership: 124.16% → 76.49% (-48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$3.05M |
| 2 |
Jane Street
New York
|
+$1.04M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$507K |
| 4 |
KCFA
Key Client Fiduciary Advisors
Fairfield,
New Jersey
|
+$294K |
| 5 |
LPL Financial
San Diego,
California
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$31.9M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$12K |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$8.38K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$5.29K |
FLHY Hedge Fund Activity: Q4 2022 in Review
16 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Franklin High Yield Corporate ETF (FLHY) for Q4 2022, worth a combined $151M — down 13% from $173M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FLHY positions and 1 closed out — a net gain of 5 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Merit Financial Group, opening a new position worth an estimated $3.05M. The largest seller was Franklin Resources, cutting an estimated $31.9M.
- 16 institutional investors held Franklin High Yield Corporate ETF (FLHY) as of Q4 2022, up from 12 in Q3 2022.
- Funds reported $151M of Franklin High Yield Corporate ETF stock for Q4 2022, down 13% quarter-over-quarter.
- 6 funds opened new Franklin High Yield Corporate ETF positions in Q4 2022 and 1 closed out, a net change of +5 holders.
- The largest Franklin High Yield Corporate ETF buyer in Q4 2022 was Merit Financial Group, an estimated $3.05M added.
- The largest Franklin High Yield Corporate ETF seller in Q4 2022 was Franklin Resources, an estimated $31.9M sold.
Based on aggregated 13F filings for Q4 2022.