Franklin Income Equity Focus ETF
INCE
33 hedge funds and large institutions have $126M invested in Franklin Income Equity Focus ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
30% more capital invested
Capital invested by funds: $96.9M → $126M (+$29.2M)
10% more funds holding
Funds holding: 30 → 33 (+3)
5.28% more ownership
Funds ownership: 69.37% → 74.65% (+5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$8.48M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.62M |
| 4 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$2.35M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$636K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$2.84M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.22M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$650K |
| 4 |
AIC
Ayalon Insurance Company
Ramat Gan,
Israel
|
-$577K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Koshinski Asset Management
Decatur,
Illinois
| $210K | -$69.2K | -1,460 | -25% |
|
|
HI
27
Harbour Investments
Madison,
Wisconsin
| $143K | -$13.2K | -279 | -9% |
|
|
AAP
28
Arax Advisory Partners
Denver,
Colorado
| $87.6K | +$237 | +5 | +0.3% |
|
|
TWC
29
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $30.2K | – | – | – |
|
|
PTC
30
Private Trust Company
Cleveland,
Ohio
| $18.8K | +$18.2K | +384 | New |
|
31
UBS Group
Zurich,
Switzerland
| $7.78K | +$4.98K | +105 | +194% |
|
|
FFA
32
Farther Finance Advisors
San Francisco,
California
| $2.99K | +$2.89K | +61 | New |
|
33
Wells Fargo
San Francisco,
California
| $26 | +$47 | +1 | New |
|
34
Morgan Stanley
New York
| – | -$22.3K | -473 | Closed |
|
|
TCWA
35
Ten Capital Wealth Advisors
Spokane,
Washington
| – | -$18.1K | -384 | Closed |
|
INCE Hedge Fund Activity: Q2 2023 in Review
33 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Equity Focus ETF (INCE) for Q2 2023, worth a combined $126M — up 30% from $96.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new INCE positions and 2 closed out — a net gain of 3 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Money Concepts Capital, adding an estimated $8.48M. The largest seller was Franklin Resources, cutting an estimated $2.84M.
- 33 institutional investors held Franklin Income Equity Focus ETF (INCE) as of Q2 2023, up from 30 in Q1 2023.
- Funds reported $126M of Franklin Income Equity Focus ETF stock for Q2 2023, up 30% quarter-over-quarter.
- 5 funds opened new Franklin Income Equity Focus ETF positions in Q2 2023 and 2 closed out, a net change of +3 holders.
- The largest Franklin Income Equity Focus ETF buyer in Q2 2023 was Money Concepts Capital, an estimated $8.48M added.
- The largest Franklin Income Equity Focus ETF seller in Q2 2023 was Franklin Resources, an estimated $2.84M sold.
Based on aggregated 13F filings for Q2 2023.