Franklin Dynamic Municipal Bond ETF
FLMI
36 hedge funds and large institutions have $88.5M invested in Franklin Dynamic Municipal Bond ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
24% more funds holding
Funds holding: 29 → 36 (+7)
14% more capital invested
Capital invested by funds: $77.3M → $88.5M (+$11.1M)
2.62% less ownership
Funds ownership: 72.7% → 70.08% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.66M |
| 2 |
CBT
Central Bank & Trust
Lexington,
Kentucky
|
+$4.23M |
| 3 |
JP Morgan Chase
New York
|
+$3.56M |
| 4 |
Jane Street
New York
|
+$1.61M |
| 5 |
SWP
ShoreHaven Wealth Partners
Red Bank,
New Jersey
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.3M |
| 2 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$2.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$131K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$27.5K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$23.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Commonwealth Equity Services
Waltham,
Massachusetts
| $260K | +$267K | +11,318 | New |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $250K | – | – | – |
|
|
CWM
28
Collaborative Wealth Management
Lake Mary,
Florida
| $241K | +$247K | +10,481 | New |
|
29
Cetera Investment Advisers
Schaumburg,
Illinois
| $233K | +$6.14K | +260 | +3% |
|
|
PTC
30
Private Trust Company
Cleveland,
Ohio
| $149K | – | – | – |
|
|
31
Osaic Holdings
Scottsdale,
Arizona
| $89K | -$27.5K | -1,164 | -23% |
|
|
AIP
32
Ameritas Investment Partners
Lincoln,
Nebraska
| $33.4K | +$260 | +11 | +0.8% |
|
|
VF
33
VitalStone Financial
Shavano Park,
Texas
| $30K | +$30.7K | +1,300 | New |
|
|
GWM
34
Geneos Wealth Management
Englewood,
Colorado
| $22.9K | – | – | – |
|
|
CAL
35
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $11K | +$11.8K | +500 | New |
|
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | -$23.6K | -1,000 | -88% |
|
37
UBS Group
Zurich,
Switzerland
| – | -$1.77K | -74 | Closed |
|
FLMI Hedge Fund Activity: Q3 2023 in Review
36 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q3 2023, worth a combined $88.5M — up 14% from $77.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FLMI positions and 1 closed out — a net gain of 7 holders — while 18 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, adding an estimated $5.66M. The largest seller was Brinker Capital Investments, cutting an estimated $2.3M.
- 36 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q3 2023, up from 29 in Q2 2023.
- Funds reported $88.5M of Franklin Dynamic Municipal Bond ETF stock for Q3 2023, up 14% quarter-over-quarter.
- 8 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q3 2023 and 1 closed out, a net change of +7 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q3 2023 was LPL Financial, an estimated $5.66M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q3 2023 was Brinker Capital Investments, an estimated $2.3M sold.
Based on aggregated 13F filings for Q3 2023.