Franklin Dynamic Municipal Bond ETF
FLMI
68 hedge funds and large institutions have $149M invested in Franklin Dynamic Municipal Bond ETF in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 41 increasing their positions, 9 reducing their positions, and 3 closing their positions.
356% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 9
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
10% more capital invested
Capital invested by funds: $135M → $149M (+$13.3M)
5% more funds holding
Funds holding: 65 → 68 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.5% less ownership
Funds ownership: 69.01% → 64.51% (-4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.66M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.74M |
| 3 |
CBT
Central Bank & Trust
Lexington,
Kentucky
|
+$1.62M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.19M |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$8.01M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$358K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$216K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$87.4K |
| 5 |
CPCP
Cedar Point Capital Partners
Cedar Rapids,
Iowa
|
-$57.8K |
FLMI Hedge Fund Activity: Q2 2024 in Review
68 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q2 2024, worth a combined $149M — up 9.9% from $135M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FLMI positions and 3 closed out — a net gain of 6 holders — while 41 added to existing stakes and 9 trimmed.
The largest buyer was LPL Financial, adding an estimated $5.66M. The largest seller was Franklin Resources, cutting an estimated $8.01M.
- 68 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q2 2024, up from 65 in Q1 2024.
- Funds reported $149M of Franklin Dynamic Municipal Bond ETF stock for Q2 2024, up 9.9% quarter-over-quarter.
- 9 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q2 2024 and 3 closed out, a net change of +6 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q2 2024 was LPL Financial, an estimated $5.66M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q2 2024 was Franklin Resources, an estimated $8.01M sold.
Based on aggregated 13F filings for Q2 2024.