Franklin Dynamic Municipal Bond ETF
FLMI
54 hedge funds and large institutions have $112M invested in Franklin Dynamic Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 4 closing their positions.
450% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 4
50% more funds holding
Funds holding: 36 → 54 (+18)
27% more capital invested
Capital invested by funds: $88.5M → $112M (+$23.8M)
1.03% less ownership
Funds ownership: 70.08% → 69.05% (-1%)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.19M |
| 2 |
CBT
Central Bank & Trust
Lexington,
Kentucky
|
+$2.75M |
| 3 |
JP Morgan Chase
New York
|
+$2.61M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.06M |
| 5 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.27M |
| 2 |
Jane Street
New York
|
-$965K |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$787K |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$787K |
| 5 |
MFG
Magnus Financial Group
New York
|
-$612K |
FLMI Hedge Fund Activity: Q4 2023 in Review
54 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q4 2023, worth a combined $112M — up 27% from $88.5M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FLMI positions and 4 closed out — a net gain of 18 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $4.19M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.27M.
- 54 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q4 2023, up from 36 in Q3 2023.
- Funds reported $112M of Franklin Dynamic Municipal Bond ETF stock for Q4 2023, up 27% quarter-over-quarter.
- 22 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q4 2023 and 4 closed out, a net change of +18 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q4 2023 was Osaic Holdings, an estimated $4.19M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q4 2023 was Raymond James Financial Services Advisors, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2023.