Franklin Municipal Green Bond ETF
FLMB
8 hedge funds and large institutions have $85.6M invested in Franklin Municipal Green Bond ETF in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 5 closing their positions.
2.85% less ownership
Funds ownership: 88.85% → 86% (-2.9%)
13% less capital invested
Capital invested by funds: $98.6M → $85.6M (-$13M)
33% less funds holding
Funds holding: 12 → 8 (-4)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$135K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$17.8K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$4.6M |
| 2 |
Jane Street
New York
|
-$1.57M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$956K |
| 4 |
LWMNY
Landmark Wealth Management (New York)
Melville,
New York
|
-$731K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$230K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Franklin Resources
San Mateo,
California
| $83.8M | -$3.17K | -134 | -0% |
|
|
CAN
2
Cetera Advisor Networks
El Segundo,
California
| $767K | +$135K | +5,705 | +20% |
|
3
LPL Financial
San Diego,
California
| $410K | -$21.4K | -905 | -5% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $299K | -$230K | -9,728 | -42% |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $210K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $28K | +$17.8K | +750 | +151% |
|
7
Osaic Holdings
Scottsdale,
Arizona
| $18K | -$91K | -3,845 | -83% |
|
|
8
Fidelity Investments
Boston,
Massachusetts
| $11K | +$12.1K | +512 | New |
|
|
GVAG
9
Great Valley Advisor Group
Wilmington,
Delaware
| – | -$4.6M | -194,879 | Closed |
|
|
10
Jane Street
New York
| – | -$1.57M | -66,492 | Closed |
|
|
BCI
11
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$956K | -40,497 | Closed |
|
|
LWMNY
12
Landmark Wealth Management (New York)
Melville,
New York
| – | -$731K | -30,985 | Closed |
|
13
Envestnet Asset Management
Chicago,
Illinois
| – | -$200K | -8,489 | Closed |
|
FLMB Hedge Fund Activity: Q3 2022 in Review
8 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Franklin Municipal Green Bond ETF (FLMB) for Q3 2022, worth a combined $85.6M — down 13% from $98.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FLMB and 1 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Cetera Advisor Networks, adding an estimated $135K. The largest seller was Great Valley Advisor Group, exiting entirely with an estimated $4.6M sold.
- 8 institutional investors held Franklin Municipal Green Bond ETF (FLMB) as of Q3 2022, down from 12 in Q2 2022.
- Funds reported $85.6M of Franklin Municipal Green Bond ETF stock for Q3 2022, down 13% quarter-over-quarter.
- 1 fund opened new Franklin Municipal Green Bond ETF positions in Q3 2022 and 5 closed out, a net change of -4 holders.
- The largest Franklin Municipal Green Bond ETF buyer in Q3 2022 was Cetera Advisor Networks, an estimated $135K added.
- The largest Franklin Municipal Green Bond ETF seller in Q3 2022 was Great Valley Advisor Group, an estimated $4.6M sold.
Based on aggregated 13F filings for Q3 2022.