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Franklin Dynamic Municipal Bond ETF

65 hedge funds and large institutions have $135M invested in Franklin Dynamic Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 12 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,200% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 1

183% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 12

21% more capital invested

Capital invested by funds: $112M → $135M (+$23.1M)

20% more funds holding

Funds holding: 5465 (+11)

0.05% less ownership

Funds ownership: 69.05%69.01% (-0.05%)

Holders
65
Holders Change
+11
Holders Change %
+20.37%
% of All Funds
0.94%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
13
Increased
34
Reduced
12
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$43.5M -$802K -33,025 -2%
LPL Financial
2
LPL Financial
California
$16.5M +$3.27M +134,775 +25%
CBT
3
Central Bank & Trust
Kentucky
$14.7M +$7.34M +302,019 +102%
Osaic Holdings
4
Osaic Holdings
Arizona
$6.26M +$1.78M +73,458 +40%
JP Morgan Chase
5
JP Morgan Chase
New York
$4.46M -$1.97M -81,198 -31%
PFGIA
6
Patriot Financial Group Insurance Agency
Massachusetts
$3.68M +$1.91M +78,796 +110%
Mariner
7
Mariner
Kansas
$3.46M +$3.43M +141,224 New
SWP
8
ShoreHaven Wealth Partners
New Jersey
$3.44M +$370K +15,224 +12%
AFTS
9
American Financial & Tax Strategies
New York
$3.31M +$353K +14,515 +12%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$2.95M +$9.11K +375 +0.3%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$2.7M +$458K +18,866 +21%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$2.43M +$258K +10,635 +12%
CAPTRUST Financial Advisors
13
CAPTRUST Financial Advisors
North Carolina
$1.87M -$355K -14,616 -16%
LFP
14
Leeward Financial Partners
Washington
$1.35M +$207K +8,508 +18%
Jane Street
15
Jane Street
New York
$1.26M +$598K +24,643 +92%
SWA
16
Stratos Wealth Advisors
Ohio
$1.17M +$101K +4,153 +10%
APWM
17
Atlas Private Wealth Management
New York
$1.17M +$25.2K +1,039 +2%
FAIM
18
Financial Advocates Investment Management
Washington
$1.13M +$202K +8,328 +22%
LWMNY
19
Landmark Wealth Management (New York)
New York
$1.08M -$65.7K -2,707 -6%
Cetera Investment Advisers
20
Cetera Investment Advisers
Illinois
$1.06M +$845K +34,785 +421%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$1.02M +$303K +12,477 +43%
WHC
22
Wulff, Hansen & Co
California
$1.01M +$1M +41,187 New
BC
23
Bowman & Company
Wisconsin
$990K +$980K +40,344 New
BCI
24
Brinker Capital Investments
Pennsylvania
$986K -$449K -18,501 -32%
OPS
25
Orion Portfolio Solutions
Nebraska
$986K -$449K -18,501 -32%

FLMI Hedge Fund Activity: Q1 2024 in Review

65 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q1 2024, worth a combined $135M — up 21% from $112M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new FLMI positions and 1 closed out — a net gain of 12 holders — while 34 added to existing stakes and 12 trimmed.

The largest buyer was Central Bank & Trust, adding an estimated $7.34M. The largest seller was JP Morgan Chase, cutting an estimated $1.97M.

  • 65 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q1 2024, up from 54 in Q4 2023.
  • Funds reported $135M of Franklin Dynamic Municipal Bond ETF stock for Q1 2024, up 21% quarter-over-quarter.
  • 13 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q1 2024 and 1 closed out, a net change of +12 holders.
  • The largest Franklin Dynamic Municipal Bond ETF buyer in Q1 2024 was Central Bank & Trust, an estimated $7.34M added.
  • The largest Franklin Dynamic Municipal Bond ETF seller in Q1 2024 was JP Morgan Chase, an estimated $1.97M sold.

Based on aggregated 13F filings for Q1 2024.