Franklin Dynamic Municipal Bond ETF
FLMI
26 hedge funds and large institutions have $61M invested in Franklin Dynamic Municipal Bond ETF in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
13% more funds holding
Funds holding: 23 → 26 (+3)
10.14% less ownership
Funds ownership: 77.14% → 67% (-10%)
12% less capital invested
Capital invested by funds: $69.3M → $61M (-$8.29M)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.17M |
| 2 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$2.98M |
| 3 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$516K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$459K |
| 5 |
BFA
Bill Few Associates
Pittsburgh,
Pennsylvania
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Magnus Financial Group
New York
|
-$11.1M |
| 2 |
Jane Street
New York
|
-$2.67M |
| 3 |
SWP
ShoreHaven Wealth Partners
Red Bank,
New Jersey
|
-$1.81M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.7M |
| 5 |
LPL Financial
San Diego,
California
|
-$645K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
26
Belpointe Asset Management
Reno,
Nevada
| $3.97K | +$3.93K | +170 | New |
|
|
27
Jane Street
New York
| – | -$2.67M | -117,199 | Closed |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.7M | -74,813 | Closed |
|
29
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$390K | -17,144 | Closed |
|
30
UBS Group
Zurich,
Switzerland
| – | -$27K | -1,171 | Closed |
|
FLMI Hedge Fund Activity: Q4 2022 in Review
26 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q4 2022, worth a combined $61M — down 12% from $69.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLMI positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $4.17M. The largest seller was Magnus Financial Group, cutting an estimated $11.1M.
- 26 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q4 2022, up from 23 in Q3 2022.
- Funds reported $61M of Franklin Dynamic Municipal Bond ETF stock for Q4 2022, down 12% quarter-over-quarter.
- 7 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q4 2022 and 4 closed out, a net change of +3 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q4 2022 was Raymond James Financial Services Advisors, an estimated $4.17M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q4 2022 was Magnus Financial Group, an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2022.