Franklin Dynamic Municipal Bond ETF
FLMI
141 hedge funds and large institutions have $511M invested in Franklin Dynamic Municipal Bond ETF in 2025 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 68 increasing their positions, 34 reducing their positions, and 13 closing their positions.
404% more capital inflows, than outflows
Capital inflows: $141M | Capital outflows: $27.9M
138% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 13
100% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 34
13% more funds holding
Funds holding: 125 → 141 (+16)
4.2% more ownership
Funds ownership: 66.32% → 70.52% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Meeder Advisory Services
Dublin,
Ohio
|
+$38.4M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$11.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$9.21M |
| 4 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$9.09M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$4.9M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.52M |
| 3 |
Glenview Trust
Louisville,
Kentucky
|
-$2.61M |
| 4 |
BlueStem Wealth Partners
Minnetonka,
Minnesota
|
-$2.46M |
| 5 |
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$1.29M |
FLMI Hedge Fund Activity: Q2 2025 in Review
141 of the 7,630 institutional investors tracked by Wall St. Rank reported a position in Franklin Dynamic Municipal Bond ETF (FLMI) for Q2 2025, worth a combined $511M — up 27% from $403M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FLMI positions and 13 closed out — a net gain of 18 holders — while 68 added to existing stakes and 34 trimmed.
The largest buyer was Meeder Advisory Services, opening a new position worth an estimated $38.4M. The largest seller was HighTower Advisors, cutting an estimated $4.9M.
- 141 institutional investors held Franklin Dynamic Municipal Bond ETF (FLMI) as of Q2 2025, up from 125 in Q1 2025.
- Funds reported $511M of Franklin Dynamic Municipal Bond ETF stock for Q2 2025, up 27% quarter-over-quarter.
- 31 funds opened new Franklin Dynamic Municipal Bond ETF positions in Q2 2025 and 13 closed out, a net change of +18 holders.
- The largest Franklin Dynamic Municipal Bond ETF buyer in Q2 2025 was Meeder Advisory Services, an estimated $38.4M added.
- The largest Franklin Dynamic Municipal Bond ETF seller in Q2 2025 was HighTower Advisors, an estimated $4.9M sold.
Based on aggregated 13F filings for Q2 2025.