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Franklin Income Focus ETF
INCM

14 hedge funds and large institutions have $77.4M invested in Franklin Income Focus ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 2

75% more funds holding

Funds holding: 8 → 14 (+6)

0% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 2

18.58% less ownership

Funds ownership: 98.2% → 79.62% (-19%)

22% less capital invested

Capital invested by funds: $99.1M → $77.4M (-$21.7M)

Holders
14
Holders Change
+6
Holders Change %
+75%
% of All Funds
0.22%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
2
Reduced
2
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LPL Financial
LPL Financial
California
+$3.94M
2
Franklin Resources
Franklin Resources
California
+$1.1M
3
LA
LexAurum Advisors
Kansas
+$959K
4
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$782K
5
RJA
Raymond James & Associates
Florida
+$412K

Top Sellers

1
Jane Street
Jane Street
New York
-$9.6M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$9.52M
3
JP Morgan Chase
JP Morgan Chase
New York
-$7.49M
4
UBS Group
UBS Group
Switzerland
-$5.05K
Name Holding Trade Value Shares
Change 		Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$24.3M – – –
JP Morgan Chase
2
JP Morgan Chase
New York
$17M -$7.49M -300,379 -30%
Jane Street
3
Jane Street
New York
$13.8M -$9.6M -384,823 -40%
Barclays
4
Barclays
United Kingdom
$13.6M – – –
LPL Financial
5
LPL Financial
California
$3.84M +$3.94M +157,983 New
Franklin Resources
6
Franklin Resources
California
$2.04M +$1.1M +44,000 +110%
LA
7
LexAurum Advisors
Kansas
$934K +$959K +38,425 New
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$762K +$782K +31,363 New
RJA
9
Raymond James & Associates
Florida
$401K +$412K +16,500 New
Stifel Financial
10
Stifel Financial
Missouri
$345K +$354K +14,184 New
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$221K +$227K +9,100 New
Osaic Holdings
12
Osaic Holdings
Arizona
$138K +$138K +5,533 +3,689%
BC
13
Barrett & Company
Rhode Island
$36.5K +$37.4K +1,500 New
SPIA
14
Steward Partners Investment Advisory
New York
$19.4K +$20K +800 New
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
– -$9.52M -377,086 Closed
UBS Group
16
UBS Group
Switzerland
– -$5.05K -200 Closed

INCM Hedge Fund Activity: Q3 2023 in Review

14 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Focus ETF (INCM) for Q3 2023, worth a combined $77.4M — down 22% from $99.1M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new INCM positions and 2 closed out — a net gain of 6 holders — while 2 added to existing stakes and 2 trimmed.

The largest buyer was LPL Financial, opening a new position worth an estimated $3.94M. The largest seller was Jane Street, cutting an estimated $9.6M.

  • 14 institutional investors held Franklin Income Focus ETF (INCM) as of Q3 2023, up from 8 in Q2 2023.
  • Funds reported $77.4M of Franklin Income Focus ETF stock for Q3 2023, down 22% quarter-over-quarter.
  • 8 funds opened new Franklin Income Focus ETF positions in Q3 2023 and 2 closed out, a net change of +6 holders.
  • The largest Franklin Income Focus ETF buyer in Q3 2023 was LPL Financial, an estimated $3.94M added.
  • The largest Franklin Income Focus ETF seller in Q3 2023 was Jane Street, an estimated $9.6M sold.

Based on aggregated 13F filings for Q3 2023.