Franklin Income Focus ETF
INCM
31 hedge funds and large institutions have $112M invested in Franklin Income Focus ETF in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 3 reducing their positions, and 2 closing their positions.
567% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 3
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
32% more capital invested
Capital invested by funds: $85M → $112M (+$27.5M)
15% more funds holding
Funds holding: 27 → 31 (+4)
0.15% less ownership
Funds ownership: 65.47% → 65.33% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.66M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.88M |
| 3 |
Jane Street
New York
|
+$1.95M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.92M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.73M |
| 2 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
-$1.35M |
| 3 |
SIAS
Summit Investment Advisory Services
Roseville,
Minnesota
|
-$510K |
| 4 |
Lido Advisors
Los Angeles,
California
|
-$75K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$48K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
26
Private Trust Company
Cleveland,
Ohio
| $426K | +$32.1K | +1,251 | +8% |
|
|
PWM
27
Perigon Wealth Management
San Francisco,
California
| $281K | +$51.4K | +2,000 | +23% |
|
|
HI
28
Harbour Investments
Madison,
Wisconsin
| $56.7K | +$30.1K | +1,170 | +116% |
|
|
BC
29
Barrett & Company
Providence,
Rhode Island
| $39.1K | – | – | – |
|
30
JP Morgan Chase
New York
| $5.84K | – | – | – |
|
|
AAP
31
Arax Advisory Partners
Denver,
Colorado
| $1.56K | +$1.54K | +60 | New |
|
|
LA
32
LexAurum Advisors
Overland Park,
Kansas
| – | -$1.35M | -52,500 | Closed |
|
|
33
UBS Group
Zurich,
Switzerland
| – | -$48K | -1,869 | Closed |
|
INCM Hedge Fund Activity: Q1 2024 in Review
31 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Focus ETF (INCM) for Q1 2024, worth a combined $112M — up 32% from $85M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new INCM positions and 2 closed out — a net gain of 4 holders — while 20 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.66M. The largest seller was Osaic Holdings, cutting an estimated $1.73M.
- 31 institutional investors held Franklin Income Focus ETF (INCM) as of Q1 2024, up from 27 in Q4 2023.
- Funds reported $112M of Franklin Income Focus ETF stock for Q1 2024, up 32% quarter-over-quarter.
- 6 funds opened new Franklin Income Focus ETF positions in Q1 2024 and 2 closed out, a net change of +4 holders.
- The largest Franklin Income Focus ETF buyer in Q1 2024 was LPL Financial, an estimated $6.66M added.
- The largest Franklin Income Focus ETF seller in Q1 2024 was Osaic Holdings, an estimated $1.73M sold.
Based on aggregated 13F filings for Q1 2024.