Franklin Dynamic Municipal Bond ETF
FLMI
140 hedge funds and large institutions have $508M invested in Franklin Dynamic Municipal Bond ETF in 2025 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 34 reducing their positions, and 13 closing their positions.
131% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 13
100% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 34
26% more capital invested
Capital invested by funds: $403M → $508M (+$106M)
12% more funds holding
Funds holding: 125 → 140 (+15)
4.6% more ownership
Funds ownership: 66.33% → 70.93% (+4.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAS
Meeder Advisory Services
Dublin,
Ohio
|
+$38.4M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$11.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$9.21M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$9.09M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$4.9M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.52M |
| 3 |
GT
Glenview Trust
Louisville,
Kentucky
|
-$2.61M |
| 4 |
BWP
BlueStem Wealth Partners
Minnetonka,
Minnesota
|
-$2.46M |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
151
Magnus Financial Group
New York
| – | -$206K | -8,409 | Closed |
|
|
OP
152
ORG Partners
Roanoke,
Indiana
| – | -$122K | -5,000 | Closed |
|
153
US Bancorp
Minneapolis,
Minnesota
| – | -$14.3K | -585 | Closed |
|
|
AIM
154
Anchor Investment Management
Columbia,
South Carolina
| – | -$9.78K | -400 | Closed |
|
FLMI Hedge Fund Activity: Q2 2025 in Review
140 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q2 2025, worth a combined $508M — up 26% from $403M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FLMI positions and 13 closed out — a net gain of 17 holders — while 68 added to existing stakes and 34 trimmed.
The largest buyer was Meeder Advisory Services, opening a new position worth an estimated $38.4M. The largest seller was HighTower Advisors, cutting an estimated $4.9M.
- 140 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q2 2025, up from 125 in Q1 2025.
- Funds reported $508M of Franklin Dynamic Municipal Bond ETF stock for Q2 2025, up 26% quarter-over-quarter.
- 30 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q2 2025 and 13 closed out, a net change of +17 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q2 2025 was Meeder Advisory Services, an estimated $38.4M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q2 2025 was HighTower Advisors, an estimated $4.9M sold.
Based on aggregated 13F filings for Q2 2025.