Franklin US Mid Cap Multifactor Index ETF
FLQM
82 hedge funds and large institutions have $334M invested in Franklin US Mid Cap Multifactor Index ETF in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 18 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
139% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 18
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
57% more capital invested
Capital invested by funds: $213M → $334M (+$120M)
17% more funds holding
Funds holding: 70 → 82 (+12)
4.4% more ownership
Funds ownership: 77.57% → 81.97% (+4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$25.2M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$13M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$12M |
| 4 |
FZCM
Flynn Zito Capital Management
Garden City,
New York
|
+$6.77M |
| 5 |
LPL Financial
San Diego,
California
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
KPP Advisory Services
Louisville,
Kentucky
|
-$3.52M |
| 2 |
Mariner
Overland Park,
Kansas
|
-$1.48M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$970K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$925K |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$608K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
T
76
Tidemark
San Diego,
California
| $23.8K | +$21.9K | +494 | New |
|
|
CA
77
Clearstead Advisors
Cleveland,
Ohio
| $23.3K | +$21.5K | +485 | New |
|
|
ME
78
McIlrath & Eck
Arlington,
Washington
| $16.7K | – | – | – |
|
|
FFA
79
Frazier Financial Advisors
Columbus,
Ohio
| $15.2K | +$13.9K | +315 | New |
|
80
Fidelity Investments
Boston,
Massachusetts
| $14.5K | -$8.41K | -190 | -39% |
|
|
CMBA
81
C.M. Bidwell & Associates
Honolulu,
Hawaii
| $10.1K | +$4.83K | +109 | +108% |
|
|
PA
82
PSI Advisors
Tampa,
Florida
| $1.41K | +$310 | +7 | +30% |
|
|
KAS
83
KPP Advisory Services
Louisville,
Kentucky
| – | -$3.52M | -81,862 | Closed |
|
|
AAS
84
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$608K | -14,192 | Closed |
|
|
FAIM
85
Financial Advocates Investment Management
Olympia,
Washington
| – | -$303K | -7,062 | Closed |
|
86
UBS Group
Zurich,
Switzerland
| – | -$106K | -2,467 | Closed |
|
87
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$19.8K | -461 | Closed |
|
88
AssetMark Inc
Concord,
California
| – | -$2.66K | -62 | Closed |
|
FLQM Hedge Fund Activity: Q4 2023 in Review
82 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Franklin US Mid Cap Multifactor Index ETF (FLQM) for Q4 2023, worth a combined $334M — up 57% from $213M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FLQM positions and 6 closed out — a net gain of 12 holders — while 43 added to existing stakes and 18 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $25.2M. The largest seller was KPP Advisory Services, exiting entirely with an estimated $3.52M sold.
- 82 institutional investors held Franklin US Mid Cap Multifactor Index ETF (FLQM) as of Q4 2023, up from 70 in Q3 2023.
- Funds reported $334M of Franklin US Mid Cap Multifactor Index ETF stock for Q4 2023, up 57% quarter-over-quarter.
- 18 funds opened new Franklin US Mid Cap Multifactor Index ETF positions in Q4 2023 and 6 closed out, a net change of +12 holders.
- The largest Franklin US Mid Cap Multifactor Index ETF buyer in Q4 2023 was Raymond James Financial Services Advisors, an estimated $25.2M added.
- The largest Franklin US Mid Cap Multifactor Index ETF seller in Q4 2023 was KPP Advisory Services, an estimated $3.52M sold.
Based on aggregated 13F filings for Q4 2023.