Franklin US Mid Cap Multifactor Index ETF
FLQM
60 hedge funds and large institutions have $159M invested in Franklin US Mid Cap Multifactor Index ETF in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 11 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
182% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 11
33% more capital invested
Capital invested by funds: $119M → $159M (+$39.9M)
25% more funds holding
Funds holding: 48 → 60 (+12)
0.8% more ownership
Funds ownership: 73.07% → 73.87% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$9.35M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.99M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$2.91M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.67M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.22M |
| 2 |
LPL Financial
San Diego,
California
|
-$746K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$560K |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$408K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$378K |
FLQM Hedge Fund Activity: Q2 2023 in Review
60 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Franklin US Mid Cap Multifactor Index ETF (FLQM) for Q2 2023, worth a combined $159M — up 33% from $119M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FLQM positions and 3 closed out — a net gain of 12 holders — while 31 added to existing stakes and 11 trimmed.
The largest buyer was GeoWealth Management, opening a new position worth an estimated $9.35M. The largest seller was Commonwealth Equity Services, cutting an estimated $3.22M.
- 60 institutional investors held Franklin US Mid Cap Multifactor Index ETF (FLQM) as of Q2 2023, up from 48 in Q1 2023.
- Funds reported $159M of Franklin US Mid Cap Multifactor Index ETF stock for Q2 2023, up 33% quarter-over-quarter.
- 15 funds opened new Franklin US Mid Cap Multifactor Index ETF positions in Q2 2023 and 3 closed out, a net change of +12 holders.
- The largest Franklin US Mid Cap Multifactor Index ETF buyer in Q2 2023 was GeoWealth Management, an estimated $9.35M added.
- The largest Franklin US Mid Cap Multifactor Index ETF seller in Q2 2023 was Commonwealth Equity Services, an estimated $3.22M sold.
Based on aggregated 13F filings for Q2 2023.