Franklin Income Equity Focus ETF
INCE
9 hedge funds and large institutions have $3.76M invested in Franklin Income Equity Focus ETF in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
112% more capital invested
Capital invested by funds: $1.77M → $3.76M (+$1.99M)
50% more funds holding
Funds holding: 6 → 9 (+3)
8.72% more ownership
Funds ownership: 14.73% → 23.45% (+8.7%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$691K |
| 2 |
LPL Financial
San Diego,
California
|
+$528K |
| 3 |
MCM
Maple Capital Management
Montpelier,
Vermont
|
+$302K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$237K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$380K |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
-$3.97K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$35 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
1
Flagship Harbor Advisors
Boston,
Massachusetts
| $1.14M | -$380K | -11,000 | -26% |
|
|
2
Franklin Resources
San Mateo,
California
| $712K | +$691K | +20,000 | New |
|
|
3
LPL Financial
San Diego,
California
| $545K | +$528K | +15,292 | New |
|
|
DADC
4
D.A. Davidson & Co
Great Falls,
Montana
| $369K | +$77.7K | +2,250 | +28% |
|
|
MCM
5
Maple Capital Management
Montpelier,
Vermont
| $312K | +$302K | +8,750 | New |
|
|
6
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $244K | +$237K | +6,861 | New |
|
|
7
Koshinski Asset Management
Decatur,
Illinois
| $218K | -$3.97K | -115 | -2% |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $164K | +$159K | +4,592 | New |
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $57K | – | – | – |
|
|
10
Wells Fargo
San Francisco,
California
| – | -$35 | -1 | Closed |
|
INCE Hedge Fund Activity: Q2 2019 in Review
9 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Equity Focus ETF (INCE) for Q2 2019, worth a combined $3.76M — up 112% from $1.77M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new INCE positions and 2 closed out — a net gain of 3 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $691K. The largest seller was Flagship Harbor Advisors, cutting an estimated $380K.
- 9 institutional investors held Franklin Income Equity Focus ETF (INCE) as of Q2 2019, up from 6 in Q1 2019.
- Funds reported $3.76M of Franklin Income Equity Focus ETF stock for Q2 2019, up 112% quarter-over-quarter.
- 5 funds opened new Franklin Income Equity Focus ETF positions in Q2 2019 and 2 closed out, a net change of +3 holders.
- The largest Franklin Income Equity Focus ETF buyer in Q2 2019 was Franklin Resources, an estimated $691K added.
- The largest Franklin Income Equity Focus ETF seller in Q2 2019 was Flagship Harbor Advisors, an estimated $380K sold.
Based on aggregated 13F filings for Q2 2019.