Franklin High Yield Corporate ETF
FLHY
21 hedge funds and large institutions have $163M invested in Franklin High Yield Corporate ETF in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
31% more funds holding
Funds holding: 16 → 21 (+5)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $166M → $163M (-$2.94M)
4.47% less ownership
Funds ownership: 77.24% → 72.77% (-4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
Hantz Financial Services
Southfield,
Michigan
|
+$7.08M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$2.08M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.15M |
| 4 |
VA
Valmark Advisers
Akron,
Ohio
|
+$580K |
| 5 |
PWM
Prentice Wealth Management
Rochester,
New York
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$7.79M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.82M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$2.62M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$323K |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$117K |
FLHY Hedge Fund Activity: Q3 2023 in Review
21 of the 6,312 institutional investors tracked by Wall St. Rank reported a position in Franklin High Yield Corporate ETF (FLHY) for Q3 2023, worth a combined $163M — down 1.8% from $166M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FLHY positions and 1 closed out — a net gain of 5 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Hantz Financial Services, opening a new position worth an estimated $7.08M. The largest seller was Jane Street, cutting an estimated $7.79M.
- 21 institutional investors held Franklin High Yield Corporate ETF (FLHY) as of Q3 2023, up from 16 in Q2 2023.
- Funds reported $163M of Franklin High Yield Corporate ETF stock for Q3 2023, down 1.8% quarter-over-quarter.
- 6 funds opened new Franklin High Yield Corporate ETF positions in Q3 2023 and 1 closed out, a net change of +5 holders.
- The largest Franklin High Yield Corporate ETF buyer in Q3 2023 was Hantz Financial Services, an estimated $7.08M added.
- The largest Franklin High Yield Corporate ETF seller in Q3 2023 was Jane Street, an estimated $7.79M sold.
Based on aggregated 13F filings for Q3 2023.