Franklin Dynamic Municipal Bond ETF
FLMI
3 hedge funds and large institutions have $5.59M invested in Franklin Dynamic Municipal Bond ETF in 2019 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
17% more capital invested
Capital invested by funds: $4.79M → $5.59M (+$797K)
4.59% less ownership
Funds ownership: 53.52% → 48.93% (-4.6%)
50% less funds holding
Funds holding: 6 → 3 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$2.57M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$458K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.11M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$581K |
| 3 |
Jane Street
New York
|
-$502K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $3.57M | +$2.57M | +100,817 | +252% |
|
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.55M | +$458K | +17,980 | +42% |
|
|
3
Jane Street
New York
| $458K | -$502K | -19,706 | -52% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.11M | -43,291 | Closed |
|
|
5
Bank of America
Charlotte,
North Carolina
| – | -$581K | -22,714 | Closed |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$6K | -223 | Closed |
|
FLMI Hedge Fund Activity: Q4 2019 in Review
3 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q4 2019, worth a combined $5.59M — up 17% from $4.79M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FLMI and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Franklin Resources, adding an estimated $2.57M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.11M sold.
- 3 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q4 2019, down from 6 in Q3 2019.
- Funds reported $5.59M of Franklin Dynamic Municipal Bond ETF stock for Q4 2019, up 17% quarter-over-quarter.
- 0 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q4 2019 and 3 closed out, a net change of -3 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q4 2019 was Franklin Resources, an estimated $2.57M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q4 2019 was Susquehanna International Group, an estimated $1.11M sold.
Based on aggregated 13F filings for Q4 2019.