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Franklin Income Focus ETF

47 hedge funds and large institutions have $159M invested in Franklin Income Focus ETF in 2024 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

333% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 3

257% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 7

34% more capital invested

Capital invested by funds: $119M → $159M (+$40.3M)

27% more funds holding

Funds holding: 3747 (+10)

0.65% more ownership

Funds ownership: 48.23%48.87% (+0.65%)

Holders
47
Holders Change
+10
Holders Change %
+27.03%
% of All Funds
0.67%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
25
Reduced
7
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$30.8M +$7.84M +294,651 +35%
Wealth Enhancement Advisory Services
2
Wealth Enhancement Advisory Services
Minnesota
$21.3M +$304K +11,403 +1%
RJFSA
3
Raymond James Financial Services Advisors
Florida
$18.1M +$2.32M +87,173 +15%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$17.8M +$3.62M +136,109 +26%
Ameriprise
5
Ameriprise
Minnesota
$10M +$6.68M +250,780 +212%
RJA
6
Raymond James & Associates
Florida
$6.81M +$1.02M +38,395 +18%
SFS
7
Sowell Financial Services
Arkansas
$6.58M -$300K -11,277 -4%
Cetera Investment Advisers
8
Cetera Investment Advisers
Illinois
$6.43M +$4.27M +160,275 +211%
NLP
9
Next Level Private
New York
$6.11M +$655K +24,621 +12%
Stifel Financial
10
Stifel Financial
Missouri
$4.33M +$28.5K +1,072 +0.7%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$3.54M +$259K +9,713 +8%
Osaic Holdings
12
Osaic Holdings
Arizona
$3.11M -$3.28M -123,297 -52%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$2.97M +$1.12M +41,997 +63%
SIAS
14
Summit Investment Advisory Services
Minnesota
$2.04M +$1.99M +74,942 New
LI
15
LVZ Inc
Michigan
$2.03M +$39.7K +1,493 +2%
SPIA
16
Steward Partners Investment Advisory
New York
$1.84M +$207K +7,785 +13%
NA
17
NewEdge Advisors
Louisiana
$1.54M +$1.51M +56,574 New
DC
18
Davenport & Co
Virginia
$1.49M +$1.06M +39,689 +262%
KAS
19
Kestra Advisory Services
Texas
$1.12M +$12.4K +464 +1%
Wells Fargo
20
Wells Fargo
California
$1.06M +$1.04M +38,897 +15,018%
Jane Street
21
Jane Street
New York
$1.04M +$1.02M +38,213 New
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$1.02M +$392K +14,739 +65%
Lido Advisors
23
Lido Advisors
California
$928K -$26.8K -1,007 -3%
PFS
24
Prospera Financial Services
Texas
$871K +$157K +5,883 +22%
DADC
25
D.A. Davidson & Co
Montana
$721K +$706K +26,527 New

INCM Hedge Fund Activity: Q3 2024 in Review

47 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Focus ETF (INCM) for Q3 2024, worth a combined $159M — up 34% from $119M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new INCM positions and 3 closed out — a net gain of 10 holders — while 25 added to existing stakes and 7 trimmed.

The largest buyer was LPL Financial, adding an estimated $7.84M. The largest seller was Osaic Holdings, cutting an estimated $3.28M.

  • 47 institutional investors held Franklin Income Focus ETF (INCM) as of Q3 2024, up from 37 in Q2 2024.
  • Funds reported $159M of Franklin Income Focus ETF stock for Q3 2024, up 34% quarter-over-quarter.
  • 13 funds opened new Franklin Income Focus ETF positions in Q3 2024 and 3 closed out, a net change of +10 holders.
  • The largest Franklin Income Focus ETF buyer in Q3 2024 was LPL Financial, an estimated $7.84M added.
  • The largest Franklin Income Focus ETF seller in Q3 2024 was Osaic Holdings, an estimated $3.28M sold.

Based on aggregated 13F filings for Q3 2024.