Franklin Income Focus ETF
INCM
124 hedge funds and large institutions have $848M invested in Franklin Income Focus ETF in 2026 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 76 increasing their positions, 16 reducing their positions, and 15 closing their positions.
1,258% more capital inflows, than outflows
Capital inflows: $136M | Capital outflows: $10M
375% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 16
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
3% more funds holding
Funds holding: 120 → 124 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.21% less ownership
Funds ownership: 54.36% → 53.15% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$41.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$11.7M |
| 3 |
Morgan Stanley
New York
|
+$10M |
| 4 |
Larson Financial Group
St Louis,
Missouri
|
+$8.14M |
| 5 |
Harbour Investments
Madison,
Wisconsin
|
+$7.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Elequin Capital
New York
|
-$2.41M |
| 2 |
Gateway Wealth Partners
Appleton,
Wisconsin
|
-$1.57M |
| 3 |
Jane Street
New York
|
-$714K |
| 4 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$663K |
| 5 |
Calton & Associates
Tampa,
Florida
|
-$620K |
INCM Hedge Fund Activity: Q2 2026 in Review
124 of the 8,373 institutional investors tracked by Wall St. Rank reported a position in Franklin Income Focus ETF (INCM) for Q2 2026, worth a combined $848M — up 16% from $732M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new INCM positions and 15 closed out — a net gain of 5 holders — while 76 added to existing stakes and 16 trimmed.
The largest buyer was LPL Financial, adding an estimated $41.3M. The largest seller was Elequin Capital, exiting entirely with an estimated $2.41M sold.
- 124 institutional investors held Franklin Income Focus ETF (INCM) as of Q2 2026, up from 120 in Q1 2026.
- Funds reported $848M of Franklin Income Focus ETF stock for Q2 2026, up 16% quarter-over-quarter.
- 20 funds opened new Franklin Income Focus ETF positions in Q2 2026 and 15 closed out, a net change of +5 holders.
- The largest Franklin Income Focus ETF buyer in Q2 2026 was LPL Financial, an estimated $41.3M added.
- The largest Franklin Income Focus ETF seller in Q2 2026 was Elequin Capital, an estimated $2.41M sold.
Based on aggregated 13F filings for Q2 2026.