Franklin Dynamic Municipal Bond ETF
FLMI
8 hedge funds and large institutions have $36.7M invested in Franklin Dynamic Municipal Bond ETF in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
33% more capital invested
Capital invested by funds: $27.6M → $36.7M (+$9.14M)
14% more funds holding
Funds holding: 7 → 8 (+1)
3.51% more ownership
Funds ownership: 83.72% → 87.23% (+3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$9.27M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$78.7K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$15.3K |
| 4 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$14.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$193K |
| 2 |
Jane Street
New York
|
-$59.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$20K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $34M | +$9.27M | +350,001 | +37% |
|
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.46M | -$193K | -7,303 | -12% |
|
|
3
Jane Street
New York
| $604K | -$59.4K | -2,243 | -9% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $320K | +$78.7K | +2,972 | +32% |
|
|
BFEC
5
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $191K | – | – | – |
|
|
PWM
6
Prentice Wealth Management
Rochester,
New York
| $142K | +$142K | +5,380 | New |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $24K | +$15.3K | +578 | +171% |
|
|
FHA
8
First Horizon Advisors
Memphis,
Tennessee
| $14K | +$14.7K | +556 | New |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$20K | -773 | Closed |
|
FLMI Hedge Fund Activity: Q1 2021 in Review
8 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q1 2021, worth a combined $36.7M — up 33% from $27.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FLMI positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Franklin Resources, adding an estimated $9.27M. The largest seller was Royal Bank of Canada, cutting an estimated $193K.
- 8 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q1 2021, up from 7 in Q4 2020.
- Funds reported $36.7M of Franklin Dynamic Municipal Bond ETF stock for Q1 2021, up 33% quarter-over-quarter.
- 2 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q1 2021 and 1 closed out, a net change of +1 holder.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q1 2021 was Franklin Resources, an estimated $9.27M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q1 2021 was Royal Bank of Canada, an estimated $193K sold.
Based on aggregated 13F filings for Q1 2021.