Franklin Income Focus ETF
INCM
118 hedge funds and large institutions have $732M invested in Franklin Income Focus ETF in 2026 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 15 reducing their positions, and 3 closing their positions.
767% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 3
347% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 15
28% more capital invested
Capital invested by funds: $570M → $732M (+$162M)
22% more funds holding
Funds holding: 97 → 118 (+21)
1.73% more ownership
Funds ownership: 52.62% → 54.35% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$30.6M |
| 2 |
Morgan Stanley
New York
|
+$22.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$19.8M |
| 4 |
EH
Equitable Holdings
New York
|
+$9.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$2.65M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.36M |
| 3 |
Jane Street
New York
|
-$1.24M |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$1.13M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$676K |
INCM Hedge Fund Activity: Q1 2026 in Review
118 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Focus ETF (INCM) for Q1 2026, worth a combined $732M — up 28% from $570M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new INCM positions and 3 closed out — a net gain of 23 holders — while 67 added to existing stakes and 15 trimmed.
The largest buyer was LPL Financial, adding an estimated $30.6M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $2.65M.
- 118 institutional investors held Franklin Income Focus ETF (INCM) as of Q1 2026, up from 97 in Q4 2025.
- Funds reported $732M of Franklin Income Focus ETF stock for Q1 2026, up 28% quarter-over-quarter.
- 26 funds opened new Franklin Income Focus ETF positions in Q1 2026 and 3 closed out, a net change of +23 holders.
- The largest Franklin Income Focus ETF buyer in Q1 2026 was LPL Financial, an estimated $30.6M added.
- The largest Franklin Income Focus ETF seller in Q1 2026 was Wealth Enhancement Advisory Services, an estimated $2.65M sold.
Based on aggregated 13F filings for Q1 2026.