Franklin Dynamic Municipal Bond ETF
FLMI
24 hedge funds and large institutions have $73.8M invested in Franklin Dynamic Municipal Bond ETF in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
23% more capital invested
Capital invested by funds: $60.2M → $73.8M (+$13.6M)
20% more funds holding
Funds holding: 20 → 24 (+4)
1.43% more ownership
Funds ownership: 79.5% → 80.93% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Magnus Financial Group
New York
|
+$10.9M |
| 2 |
Jane Street
New York
|
+$3.63M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.56M |
| 4 |
SWP
ShoreHaven Wealth Partners
Red Bank,
New Jersey
|
+$1.92M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$4.78M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$538K |
| 3 |
F4L
Fortune 45 LLC
Gonzales,
Louisiana
|
-$464K |
| 4 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$317K |
| 5 |
EH
Equitable Holdings
New York
|
-$292K |
FLMI Hedge Fund Activity: Q2 2022 in Review
24 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q2 2022, worth a combined $73.8M — up 23% from $60.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FLMI positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Magnus Financial Group, opening a new position worth an estimated $10.9M. The largest seller was Franklin Resources, cutting an estimated $4.78M.
- 24 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q2 2022, up from 20 in Q1 2022.
- Funds reported $73.8M of Franklin Dynamic Municipal Bond ETF stock for Q2 2022, up 23% quarter-over-quarter.
- 7 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q2 2022 and 3 closed out, a net change of +4 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q2 2022 was Magnus Financial Group, an estimated $10.9M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q2 2022 was Franklin Resources, an estimated $4.78M sold.
Based on aggregated 13F filings for Q2 2022.