Franklin US Mid Cap Multifactor Index ETF
FLQM
48 hedge funds and large institutions have $116M invested in Franklin US Mid Cap Multifactor Index ETF in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 8 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
31% more capital invested
Capital invested by funds: $88.2M → $116M (+$27.5M)
9% more funds holding
Funds holding: 44 → 48 (+4)
2.78% less ownership
Funds ownership: 75.85% → 73.07% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$19.6M |
| 2 |
TNB
Thomasville National Bank
Thomasville,
Georgia
|
+$3.09M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.69M |
| 4 |
MI
Moneywise Inc
Forest,
Virginia
|
+$1.95M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$12.3M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$3.53M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$1.01M |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$680K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$640K |
FLQM Hedge Fund Activity: Q1 2023 in Review
48 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Franklin US Mid Cap Multifactor Index ETF (FLQM) for Q1 2023, worth a combined $116M — up 31% from $88.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FLQM positions and 8 closed out — a net gain of 5 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was LPL Financial, adding an estimated $19.6M. The largest seller was Franklin Resources, cutting an estimated $12.3M.
- 48 institutional investors held Franklin US Mid Cap Multifactor Index ETF (FLQM) as of Q1 2023, up from 44 in Q4 2022.
- Funds reported $116M of Franklin US Mid Cap Multifactor Index ETF stock for Q1 2023, up 31% quarter-over-quarter.
- 13 funds opened new Franklin US Mid Cap Multifactor Index ETF positions in Q1 2023 and 8 closed out, a net change of +5 holders.
- The largest Franklin US Mid Cap Multifactor Index ETF buyer in Q1 2023 was LPL Financial, an estimated $19.6M added.
- The largest Franklin US Mid Cap Multifactor Index ETF seller in Q1 2023 was Franklin Resources, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2023.