Franklin Dynamic Municipal Bond ETF
FLMI
96 hedge funds and large institutions have $259M invested in Franklin Dynamic Municipal Bond ETF in 2024 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 48 increasing their positions, 15 reducing their positions, and 3 closing their positions.
733% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 3
220% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 15
28% more capital invested
Capital invested by funds: $203M → $259M (+$56M)
22% more funds holding
Funds holding: 79 → 96 (+17)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.24% less ownership
Funds ownership: 63.86% → 62.62% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$37.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.44M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$3.67M |
| 4 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$2.93M |
| 5 |
GT
Glenview Trust
Louisville,
Kentucky
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$9.9M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.1M |
| 3 |
Jane Street
New York
|
-$3.03M |
| 4 |
CBT
Central Bank & Trust
Lexington,
Kentucky
|
-$2.91M |
| 5 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
-$783K |
FLMI Hedge Fund Activity: Q4 2024 in Review
96 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q4 2024, worth a combined $259M — up 28% from $203M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FLMI positions and 3 closed out — a net gain of 22 holders — while 48 added to existing stakes and 15 trimmed.
The largest buyer was LPL Financial, adding an estimated $37.8M. The largest seller was Franklin Resources, cutting an estimated $9.9M.
- 96 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q4 2024, up from 79 in Q3 2024.
- Funds reported $259M of Franklin Dynamic Municipal Bond ETF stock for Q4 2024, up 28% quarter-over-quarter.
- 25 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q4 2024 and 3 closed out, a net change of +22 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q4 2024 was LPL Financial, an estimated $37.8M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q4 2024 was Franklin Resources, an estimated $9.9M sold.
Based on aggregated 13F filings for Q4 2024.