Franklin Income Focus ETF
INCM
71 hedge funds and large institutions have $293M invested in Franklin Income Focus ETF in 2025 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 11 reducing their positions, and 1 closing their positions.
1,500% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 1
245% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 11
43% more capital invested
Capital invested by funds: $205M → $293M (+$88.1M)
27% more funds holding
Funds holding: 56 → 71 (+15)
3.06% more ownership
Funds ownership: 49.78% → 52.84% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIAS
Summit Investment Advisory Services
Roseville,
Minnesota
|
+$21.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$15.3M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$9.59M |
| 4 |
LPL Financial
San Diego,
California
|
+$8.89M |
| 5 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$451K |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$252K |
| 3 |
Morgan Stanley
New York
|
-$192K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$136K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$71.6K |
INCM Hedge Fund Activity: Q1 2025 in Review
71 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Focus ETF (INCM) for Q1 2025, worth a combined $293M — up 43% from $205M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new INCM positions and 1 closed out — a net gain of 15 holders — while 38 added to existing stakes and 11 trimmed.
The largest buyer was Summit Investment Advisory Services, adding an estimated $21.3M. The largest seller was Stifel Financial, cutting an estimated $451K.
- 71 institutional investors held Franklin Income Focus ETF (INCM) as of Q1 2025, up from 56 in Q4 2024.
- Funds reported $293M of Franklin Income Focus ETF stock for Q1 2025, up 43% quarter-over-quarter.
- 16 funds opened new Franklin Income Focus ETF positions in Q1 2025 and 1 closed out, a net change of +15 holders.
- The largest Franklin Income Focus ETF buyer in Q1 2025 was Summit Investment Advisory Services, an estimated $21.3M added.
- The largest Franklin Income Focus ETF seller in Q1 2025 was Stifel Financial, an estimated $451K sold.
Based on aggregated 13F filings for Q1 2025.