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Franklin Income Focus ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 2731 (+4)

0.15% less ownership

Funds ownership: 65.47%65.33% (-0.15%)

Holders
31
Holders Change
+4
Holders Change %
+14.81%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
20
Reduced
3
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wealth Enhancement Advisory Services
1
Wealth Enhancement Advisory Services
Minnesota
$20.8M +$564K +21,958 +3%
LPL Financial
2
LPL Financial
California
$17.5M +$6.66M +259,285 +63%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$13.2M +$5.88M +228,775 +82%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$12.2M +$1.92M +74,644 +19%
SFS
5
Sowell Financial Services
Arkansas
$7.21M +$1.46M +56,944 +26%
NLP
6
Next Level Private
New York
$4.79M +$513K +19,957 +12%
RJA
7
Raymond James & Associates
Florida
$4.7M +$1.79M +69,500 +63%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$3.75M +$567K +22,062 +18%
Stifel Financial
9
Stifel Financial
Missouri
$3.53M +$1.78M +69,175 +104%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$3.13M +$635K +24,706 +26%
AI
11
Atria Investments
North Carolina
$2.82M +$525K +20,423 +23%
Osaic Holdings
12
Osaic Holdings
Arizona
$2.49M -$1.73M -67,282 -41%
Jane Street
13
Jane Street
New York
$1.98M +$1.95M +75,868 New
LI
14
LVZ Inc
Michigan
$1.87M +$33.9K +1,320 +2%
AAS
15
Avantax Advisory Services
Texas
$1.8M +$515K +20,033 +41%
SIAS
16
Summit Investment Advisory Services
Minnesota
$1.59M -$510K -19,866 -25%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$1.39M +$1.37M +53,301 New
SPIA
18
Steward Partners Investment Advisory
New York
$1.37M +$45.5K +1,771 +3%
CAN
19
Cetera Advisor Networks
California
$1.34M +$1.32M +51,343 New
Lido Advisors
20
Lido Advisors
California
$936K -$75K -2,920 -8%
KAS
21
Kestra Advisory Services
Texas
$931K +$482K +18,762 +111%
SWM
22
SFG Wealth Management
Maryland
$617K +$608K +23,658 New
Janney Montgomery Scott
23
Janney Montgomery Scott
Pennsylvania
$614K +$85.7K +3,336 +16%
PFS
24
Prospera Financial Services
Texas
$600K +$290K +11,282 +96%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$443K +$437K +17,000 New

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.