Franklin Dynamic Municipal Bond ETF
FLMI
31 hedge funds and large institutions have $70.6M invested in Franklin Dynamic Municipal Bond ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
19% more funds holding
Funds holding: 26 → 31 (+5)
16% more capital invested
Capital invested by funds: $61M → $70.6M (+$9.59M)
3.3% more ownership
Funds ownership: 67% → 70.3% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.57M |
| 2 |
Jane Street
New York
|
+$2.31M |
| 3 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$2.16M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.47M |
| 5 |
SWP
ShoreHaven Wealth Partners
Red Bank,
New Jersey
|
+$902K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$3.01M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$476K |
| 3 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$392K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$384K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$276K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $96K | -$384K | -16,133 | -80% |
|
|
AIP
27
Ameritas Investment Partners
Lincoln,
Nebraska
| $32K | +$7.62K | +320 | +31% |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $23.9K | +$23.8K | +1,000 | New |
|
|
AAS
29
Ameritas Advisory Services
Lincoln,
Nebraska
| $22K | +$21.9K | +921 | New |
|
|
FHA
30
First Horizon Advisors
Memphis,
Tennessee
| $9.97K | -$11K | -461 | -53% |
|
|
BAM
31
Belpointe Asset Management
Reno,
Nevada
| $4.07K | – | – | – |
|
|
SFA
32
Sequoia Financial Advisors
Akron,
Ohio
| – | -$3.01M | -129,010 | Closed |
|
|
33
Citadel Advisors
Miami,
Florida
| – | -$276K | -11,831 | Closed |
|
FLMI Hedge Fund Activity: Q1 2023 in Review
31 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q1 2023, worth a combined $70.6M — up 16% from $61M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLMI positions and 2 closed out — a net gain of 5 holders — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Franklin Resources, adding an estimated $3.57M. The largest seller was Sequoia Financial Advisors, exiting entirely with an estimated $3.01M sold.
- 31 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q1 2023, up from 26 in Q4 2022.
- Funds reported $70.6M of Franklin Dynamic Municipal Bond ETF stock for Q1 2023, up 16% quarter-over-quarter.
- 7 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q1 2023 and 2 closed out, a net change of +5 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q1 2023 was Franklin Resources, an estimated $3.57M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q1 2023 was Sequoia Financial Advisors, an estimated $3.01M sold.
Based on aggregated 13F filings for Q1 2023.