Franklin Dynamic Municipal Bond ETF
FLMI
65 hedge funds and large institutions have $135M invested in Franklin Dynamic Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 12 reducing their positions, and 1 closing their positions.
1,200% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 1
183% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 12
21% more capital invested
Capital invested by funds: $112M → $135M (+$23.1M)
20% more funds holding
Funds holding: 54 → 65 (+11)
0.05% less ownership
Funds ownership: 69.05% → 69.01% (-0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBT
Central Bank & Trust
Lexington,
Kentucky
|
+$7.34M |
| 2 |
Mariner
Overland Park,
Kansas
|
+$3.43M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.27M |
| 4 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
+$1.91M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.97M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$802K |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$449K |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$449K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$355K |
FLMI Hedge Fund Activity: Q1 2024 in Review
65 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q1 2024, worth a combined $135M — up 21% from $112M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FLMI positions and 1 closed out — a net gain of 12 holders — while 34 added to existing stakes and 12 trimmed.
The largest buyer was Central Bank & Trust, adding an estimated $7.34M. The largest seller was JP Morgan Chase, cutting an estimated $1.97M.
- 65 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q1 2024, up from 54 in Q4 2023.
- Funds reported $135M of Franklin Dynamic Municipal Bond ETF stock for Q1 2024, up 21% quarter-over-quarter.
- 13 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q1 2024 and 1 closed out, a net change of +12 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q1 2024 was Central Bank & Trust, an estimated $7.34M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q1 2024 was JP Morgan Chase, an estimated $1.97M sold.
Based on aggregated 13F filings for Q1 2024.