Franklin High Yield Corporate ETF
FLHY
22 hedge funds and large institutions have $175M invested in Franklin High Yield Corporate ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 3 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more capital invested
Capital invested by funds: $163M → $175M (+$12.2M)
5% more funds holding
Funds holding: 21 → 22 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.47% less ownership
Funds ownership: 72.77% → 72.31% (-0.47%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.64M |
| 2 |
HFS
Hantz Financial Services
Southfield,
Michigan
|
+$4.21M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.59M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.81M |
| 5 |
Jane Street
New York
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$10.9M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$234K |
| 3 |
D
Diversified
Wilmington,
Delaware
|
-$228K |
| 4 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$209K |
| 5 |
KCFA
Key Client Fiduciary Advisors
Fairfield,
New Jersey
|
-$206K |
FLHY Hedge Fund Activity: Q4 2023 in Review
22 of the 6,870 institutional investors tracked by Wall St. Rank reported a position in Franklin High Yield Corporate ETF (FLHY) for Q4 2023, worth a combined $175M — up 7.5% from $163M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FLHY positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 4 trimmed.
The largest buyer was LPL Financial, adding an estimated $4.64M. The largest seller was Franklin Resources, cutting an estimated $10.9M.
- 22 institutional investors held Franklin High Yield Corporate ETF (FLHY) as of Q4 2023, up from 21 in Q3 2023.
- Funds reported $175M of Franklin High Yield Corporate ETF stock for Q4 2023, up 7.5% quarter-over-quarter.
- 4 funds opened new Franklin High Yield Corporate ETF positions in Q4 2023 and 3 closed out, a net change of +1 holder.
- The largest Franklin High Yield Corporate ETF buyer in Q4 2023 was LPL Financial, an estimated $4.64M added.
- The largest Franklin High Yield Corporate ETF seller in Q4 2023 was Franklin Resources, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2023.