Franklin Income Equity Focus ETF
INCE
39 hedge funds and large institutions have $78.6M invested in Franklin Income Equity Focus ETF in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
22% more funds holding
Funds holding: 32 → 39 (+7)
5.26% less ownership
Funds ownership: 72.86% → 67.6% (-5.3%)
24% less capital invested
Capital invested by funds: $104M → $78.6M (-$25.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$3.05M |
| 2 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
+$1.39M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.01M |
| 5 |
LPL Financial
San Diego,
California
|
+$955K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$38.2M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.35M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.71M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.7M |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$439K |
INCE Hedge Fund Activity: Q4 2023 in Review
39 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Equity Focus ETF (INCE) for Q4 2023, worth a combined $78.6M — down 24% from $104M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new INCE positions and 3 closed out — a net gain of 8 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Global Retirement Partners, opening a new position worth an estimated $3.05M. The largest seller was Franklin Resources, cutting an estimated $38.2M.
- 39 institutional investors held Franklin Income Equity Focus ETF (INCE) as of Q4 2023, up from 32 in Q3 2023.
- Funds reported $78.6M of Franklin Income Equity Focus ETF stock for Q4 2023, down 24% quarter-over-quarter.
- 11 funds opened new Franklin Income Equity Focus ETF positions in Q4 2023 and 3 closed out, a net change of +8 holders.
- The largest Franklin Income Equity Focus ETF buyer in Q4 2023 was Global Retirement Partners, an estimated $3.05M added.
- The largest Franklin Income Equity Focus ETF seller in Q4 2023 was Franklin Resources, an estimated $38.2M sold.
Based on aggregated 13F filings for Q4 2023.