Franklin Dynamic Municipal Bond ETF
FLMI
11 hedge funds and large institutions have $46.6M invested in Franklin Dynamic Municipal Bond ETF in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
7% more capital invested
Capital invested by funds: $43.7M → $46.6M (+$2.86M)
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
4.82% less ownership
Funds ownership: 87.96% → 83.14% (-4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$2.7M |
| 2 |
EH
Equitable Holdings
New York
|
+$1.4M |
| 3 |
Jane Street
New York
|
+$507K |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$504K |
| 5 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$888K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$758K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$518K |
| 4 |
PWM
Prentice Wealth Management
Rochester,
New York
|
-$27 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Franklin Resources
San Mateo,
California
| $41.1M | +$2.7M | +100,007 | +7% |
|
|
EH
2
Equitable Holdings
New York
| $1.94M | +$1.4M | +51,645 | +246% |
|
|
3
Jane Street
New York
| $1.21M | +$507K | +18,759 | +71% |
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.04M | – | – | – |
|
|
OIA
5
OneDigital Investment Advisors
Overland Park,
Kansas
| $497K | +$504K | +18,646 | New |
|
|
BCA
6
Bay Colony Advisors
Concord,
Massachusetts
| $213K | +$216K | +7,981 | New |
|
|
7
Citadel Advisors
Miami,
Florida
| $205K | -$888K | -32,874 | -81% |
|
|
BFEC
8
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $204K | +$2.03K | +75 | +1% |
|
9
Osaic Holdings
Scottsdale,
Arizona
| $87K | +$52.2K | +1,931 | +144% |
|
|
PWM
10
Prentice Wealth Management
Rochester,
New York
| $66K | -$27 | -1 | -0% |
|
|
FHA
11
First Horizon Advisors
Memphis,
Tennessee
| $14K | – | – | – |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$758K | -28,243 | Closed |
|
|
KAS
13
Kestra Advisory Services
Austin,
Texas
| – | -$518K | -19,279 | Closed |
|
FLMI Hedge Fund Activity: Q3 2021 in Review
11 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q3 2021, worth a combined $46.6M — up 6.6% from $43.7M a quarter earlier.
Fund positioning in FLMI was balanced in Q3 2021: 2 funds opened new positions, 2 closed out, 5 added to existing stakes and 2 trimmed.
The largest buyer was Franklin Resources, adding an estimated $2.7M. The largest seller was Citadel Advisors, cutting an estimated $888K.
- 11 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $46.6M of Franklin Dynamic Municipal Bond ETF stock for Q3 2021, up 6.6% quarter-over-quarter.
- 2 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q3 2021 and 2 closed out, a net change of 0 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q3 2021 was Franklin Resources, an estimated $2.7M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q3 2021 was Citadel Advisors, an estimated $888K sold.
Based on aggregated 13F filings for Q3 2021.