Franklin Dynamic Municipal Bond ETF
FLMI
79 hedge funds and large institutions have $203M invested in Franklin Dynamic Municipal Bond ETF in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 11 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
300% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 11
37% more capital invested
Capital invested by funds: $149M → $203M (+$54.8M)
16% more funds holding
Funds holding: 68 → 79 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.65% less ownership
Funds ownership: 64.51% → 63.86% (-0.65%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$30.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.65M |
| 3 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$6.28M |
| 4 |
CBT
Central Bank & Trust
Lexington,
Kentucky
|
+$4.99M |
| 5 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$25.3M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$875K |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$470K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$204K |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$74.8K |
FLMI Hedge Fund Activity: Q3 2024 in Review
79 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q3 2024, worth a combined $203M — up 37% from $149M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FLMI positions and 2 closed out — a net gain of 12 holders — while 44 added to existing stakes and 11 trimmed.
The largest buyer was Focus Partners Wealth, adding an estimated $30.5M. The largest seller was Franklin Resources, cutting an estimated $25.3M.
- 79 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q3 2024, up from 68 in Q2 2024.
- Funds reported $203M of Franklin Dynamic Municipal Bond ETF stock for Q3 2024, up 37% quarter-over-quarter.
- 14 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q3 2024 and 2 closed out, a net change of +12 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q3 2024 was Focus Partners Wealth, an estimated $30.5M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q3 2024 was Franklin Resources, an estimated $25.3M sold.
Based on aggregated 13F filings for Q3 2024.