Franklin High Yield Corporate ETF
FLHY
48 hedge funds and large institutions have $486M invested in Franklin High Yield Corporate ETF in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
114% more capital invested
Capital invested by funds: $227M → $486M (+$259M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
30% more funds holding
Funds holding: 37 → 48 (+11)
5.93% more ownership
Funds ownership: 79.05% → 84.98% (+5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$211M |
| 2 |
KAM
Kensington Asset Management
Austin,
Texas
|
+$9.65M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$6.34M |
| 4 |
HFS
Hantz Financial Services
Southfield,
Michigan
|
+$4.83M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$637K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$590K |
| 3 |
CPP
Capasso Planning Partners
Charleston,
South Carolina
|
-$588K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$339K |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$210K |
FLHY Hedge Fund Activity: Q3 2024 in Review
48 of the 6,981 institutional investors tracked by Wall St. Rank reported a position in Franklin High Yield Corporate ETF (FLHY) for Q3 2024, worth a combined $486M — up 114% from $227M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FLHY positions and 3 closed out — a net gain of 11 holders — while 23 added to existing stakes and 10 trimmed.
The largest buyer was Franklin Resources, adding an estimated $211M. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $637K sold.
- 48 institutional investors held Franklin High Yield Corporate ETF (FLHY) as of Q3 2024, up from 37 in Q2 2024.
- Funds reported $486M of Franklin High Yield Corporate ETF stock for Q3 2024, up 114% quarter-over-quarter.
- 14 funds opened new Franklin High Yield Corporate ETF positions in Q3 2024 and 3 closed out, a net change of +11 holders.
- The largest Franklin High Yield Corporate ETF buyer in Q3 2024 was Franklin Resources, an estimated $211M added.
- The largest Franklin High Yield Corporate ETF seller in Q3 2024 was Kestra Advisory Services, an estimated $637K sold.
Based on aggregated 13F filings for Q3 2024.