Franklin US Low Volatility High Dividend Index ETF
LVHD
50 hedge funds and large institutions have $446M invested in Franklin US Low Volatility High Dividend Index ETF in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 6 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding
Funds holding: 50 → 50 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
24.35% less ownership
Funds ownership: 105.29% → 80.94% (-24%)
28% less capital invested
Capital invested by funds: $622M → $446M (-$176M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$136M |
| 2 |
CI
CX Institutional
Auburn,
Indiana
|
+$9.65M |
| 3 |
Morgan Stanley
New York
|
+$3.59M |
| 4 |
HR
Howe & Rusling
Rochester,
New York
|
+$2.72M |
| 5 |
VF
Virtu Financial
New York
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$124M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$16.2M |
| 3 |
QI
QS Investors
New York
|
-$12.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.04M |
| 5 |
Jane Street
New York
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EFS
51
Edelman Financial Services
Fairfax,
Virginia
| – | -$141M | -4,614,314 | Closed |
|
|
CWM
52
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$16.2M | -496,008 | Closed |
|
|
53
Jane Street
New York
| – | -$1.27M | -41,452 | Closed |
|
54
Citadel Advisors
Miami,
Florida
| – | -$722K | -23,618 | Closed |
|
|
GFPC
55
Global Financial Private Capital
Sarasota,
Florida
| – | -$370K | -12,097 | Closed |
|
|
SWP
56
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$90K | -2,923 | Closed |
|
LVHD Hedge Fund Activity: Q4 2018 in Review
50 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Franklin US Low Volatility High Dividend Index ETF (LVHD) for Q4 2018, worth a combined $446M — down 28% from $622M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LVHD positions and 6 closed out — a net gain of 1 holder — while 22 added to existing stakes and 15 trimmed.
The largest buyer was Financial Engines Advisors, opening a new position worth an estimated $136M. The largest seller was Envestnet Asset Management, cutting an estimated $124M.
- 50 institutional investors held Franklin US Low Volatility High Dividend Index ETF (LVHD) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $446M of Franklin US Low Volatility High Dividend Index ETF stock for Q4 2018, down 28% quarter-over-quarter.
- 7 funds opened new Franklin US Low Volatility High Dividend Index ETF positions in Q4 2018 and 6 closed out, a net change of +1 holder.
- The largest Franklin US Low Volatility High Dividend Index ETF buyer in Q4 2018 was Financial Engines Advisors, an estimated $136M added.
- The largest Franklin US Low Volatility High Dividend Index ETF seller in Q4 2018 was Envestnet Asset Management, an estimated $124M sold.
Based on aggregated 13F filings for Q4 2018.