Franklin Income Equity Focus ETF
INCE
30 hedge funds and large institutions have $96.9M invested in Franklin Income Equity Focus ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 3 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
3% less funds holding
Funds holding: 31 → 30 (-1)
6.43% less ownership
Funds ownership: 75.8% → 69.37% (-6.4%)
9% less capital invested
Capital invested by funds: $107M → $96.9M (-$9.86M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.48M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.37M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$673K |
| 4 |
Mariner
Overland Park,
Kansas
|
+$637K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$539K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$9.44M |
| 2 |
AIC
Ayalon Insurance Company
Ramat Gan,
Israel
|
-$1.17M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$935K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$387K |
| 5 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
-$244K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWC
26
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $29.3K | – | – | – |
|
27
Morgan Stanley
New York
| $22.3K | – | – | – |
|
|
TCWA
28
Ten Capital Wealth Advisors
Spokane,
Washington
| $18.1K | +$16.1K | +345 | +885% |
|
29
Commonwealth Equity Services
Waltham,
Massachusetts
| $9.78K | +$162K | +3,480 | +2% |
|
30
UBS Group
Zurich,
Switzerland
| $2.54K | -$6.49K | -139 | -72% |
|
31
Wells Fargo
San Francisco,
California
| $17 | – | – | – |
|
|
FTUS
32
Flow Traders U.S.
New York
| – | -$387K | -8,383 | Closed |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | -$147K | -4,733 | Closed |
|
|
WA
34
Win Advisors
Palm Beach Gardens,
Florida
| – | -$210K | -4,552 | Closed |
|
INCE Hedge Fund Activity: Q1 2023 in Review
30 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Equity Focus ETF (INCE) for Q1 2023, worth a combined $96.9M — down 9.2% from $107M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of INCE and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 16 added.
The largest buyer was LPL Financial, adding an estimated $4.48M. The largest seller was Money Concepts Capital, cutting an estimated $9.44M.
- 30 institutional investors held Franklin Income Equity Focus ETF (INCE) as of Q1 2023, down from 31 in Q4 2022.
- Funds reported $96.9M of Franklin Income Equity Focus ETF stock for Q1 2023, down 9.2% quarter-over-quarter.
- 2 funds opened new Franklin Income Equity Focus ETF positions in Q1 2023 and 3 closed out, a net change of -1 holder.
- The largest Franklin Income Equity Focus ETF buyer in Q1 2023 was LPL Financial, an estimated $4.48M added.
- The largest Franklin Income Equity Focus ETF seller in Q1 2023 was Money Concepts Capital, an estimated $9.44M sold.
Based on aggregated 13F filings for Q1 2023.