Franklin Income Focus ETF
INCM
82 hedge funds and large institutions have $359M invested in Franklin Income Focus ETF in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 52 increasing their positions, 13 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
307% more capital inflows, than outflows
Capital inflows: $77.7M | Capital outflows: $19.1M
300% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 13
12% more funds holding
Funds holding: 73 → 82 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.18% less ownership
Funds ownership: 52.88% → 52.7% (-0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.5M |
| 2 |
Larson Financial Group
St Louis,
Missouri
|
+$7.87M |
| 3 |
Base Wealth Management
Lakewood Ranch,
Florida
|
+$7.14M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$7.12M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$6.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$11.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.51M |
| 3 |
Jane Street
New York
|
-$2.51M |
| 4 |
SFG Wealth Management
Towson,
Maryland
|
-$663K |
| 5 |
Asset Allocation Strategies
Farmington,
Michigan
|
-$655K |
INCM Hedge Fund Activity: Q2 2025 in Review
82 of the 7,628 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Focus ETF (INCM) for Q2 2025, worth a combined $359M — up 22% from $294M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new INCM positions and 2 closed out — a net gain of 9 holders — while 52 added to existing stakes and 13 trimmed.
The largest buyer was LPL Financial, adding an estimated $10.5M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $11.9M.
- 82 institutional investors held Franklin Income Focus ETF (INCM) as of Q2 2025, up from 73 in Q1 2025.
- Funds reported $359M of Franklin Income Focus ETF stock for Q2 2025, up 22% quarter-over-quarter.
- 11 funds opened new Franklin Income Focus ETF positions in Q2 2025 and 2 closed out, a net change of +9 holders.
- The largest Franklin Income Focus ETF buyer in Q2 2025 was LPL Financial, an estimated $10.5M added.
- The largest Franklin Income Focus ETF seller in Q2 2025 was Wealth Enhancement Advisory Services, an estimated $11.9M sold.
Based on aggregated 13F filings for Q2 2025.