Franklin US Large Cap Multifactor Index ETF
FLQL
62 hedge funds and large institutions have $932M invested in Franklin US Large Cap Multifactor Index ETF in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 29 increasing their positions, 20 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
45% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 20
9% more capital invested
Capital invested by funds: $856M → $932M (+$76.8M)
3% more funds holding
Funds holding: 60 → 62 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.2% less ownership
Funds ownership: 74.7% → 72.5% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPIA
Steward Partners Investment Advisory
New York
|
+$45.4M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$6.48M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.42M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$5.05M |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$4.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$52.9M |
| 2 |
Morgan Stanley
New York
|
-$22.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$19.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.27M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $189K | +$141K | +2,798 | +369% |
|
|
CFGS
52
Concourse Financial Group Securities
Birmingham,
Alabama
| $139K | – | – | – |
|
|
HI
53
Harbour Investments
Madison,
Wisconsin
| $88.1K | -$1.21K | -24 | -1% |
|
54
Fidelity Investments
Boston,
Massachusetts
| $75.6K | -$8.09K | -160 | -10% |
|
55
Comerica Bank
Dallas,
Texas
| $50.9K | +$8.65K | +171 | +22% |
|
|
FDCDDQ
56
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $36.3K | – | – | – |
|
|
GWS
57
Glassman Wealth Services
Vienna,
Virginia
| $34.9K | – | – | – |
|
58
Qube Research & Technologies (QRT)
London,
United Kingdom
| $33.9K | – | – | – |
|
|
TWC
59
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $26.9K | – | – | – |
|
60
Bank of Montreal
Toronto,
Ontario, Canada
| $17K | – | – | – |
|
|
CA
61
Continuum Advisory
Eagle,
Idaho
| $10.1K | +$9.76K | +193 | New |
|
|
SS
62
Sunbelt Securities
Houston,
Texas
| $4.47K | – | – | – |
|
|
ASN
63
Advisory Services Network
Atlanta,
Georgia
| – | -$26K | -546 | Closed |
|
|
NL
64
NVWM LLC
Yardley,
Pennsylvania
| – | -$14.9K | -312 | Closed |
|
FLQL Hedge Fund Activity: Q1 2024 in Review
62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin US Large Cap Multifactor Index ETF (FLQL) for Q1 2024, worth a combined $932M — up 9% from $856M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FLQL positions and 2 closed out — a net gain of 3 holders — while 29 added to existing stakes and 20 trimmed.
The largest buyer was Steward Partners Investment Advisory, opening a new position worth an estimated $45.4M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $52.9M.
- 62 institutional investors held Franklin US Large Cap Multifactor Index ETF (FLQL) as of Q1 2024, up from 60 in Q4 2023.
- Funds reported $932M of Franklin US Large Cap Multifactor Index ETF stock for Q1 2024, up 9% quarter-over-quarter.
- 5 funds opened new Franklin US Large Cap Multifactor Index ETF positions in Q1 2024 and 2 closed out, a net change of +3 holders.
- The largest Franklin US Large Cap Multifactor Index ETF buyer in Q1 2024 was Steward Partners Investment Advisory, an estimated $45.4M added.
- The largest Franklin US Large Cap Multifactor Index ETF seller in Q1 2024 was Raymond James Financial Services Advisors, an estimated $52.9M sold.
Based on aggregated 13F filings for Q1 2024.