Franklin US Low Volatility High Dividend Index ETF
LVHD
110 hedge funds and large institutions have $626M invested in Franklin US Low Volatility High Dividend Index ETF in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 40 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
7% more funds holding
Funds holding: 103 → 110 (+7)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 40
2.4% less ownership
Funds ownership: 70.71% → 68.31% (-2.4%)
16% less capital invested
Capital invested by funds: $744M → $626M (-$118M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Allworth Financial
Folsom,
California
|
+$8.19M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.67M |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.8M |
| 4 |
Two Sigma Investments
New York
|
+$1.4M |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCCA
Mill Creek Capital Advisors
Conshohocken,
Pennsylvania
|
-$50.6M |
| 2 |
Morgan Stanley
New York
|
-$8.37M |
| 3 |
XF
XML Financial
Bethesda,
Maryland
|
-$7.62M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.53M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.85M |
LVHD Hedge Fund Activity: Q3 2023 in Review
110 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Franklin US Low Volatility High Dividend Index ETF (LVHD) for Q3 2023, worth a combined $626M — down 16% from $744M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new LVHD positions and 9 closed out — a net gain of 7 holders — while 39 added to existing stakes and 40 trimmed.
The largest buyer was Allworth Financial, adding an estimated $8.19M. The largest seller was Mill Creek Capital Advisors, cutting an estimated $50.6M.
- 110 institutional investors held Franklin US Low Volatility High Dividend Index ETF (LVHD) as of Q3 2023, up from 103 in Q2 2023.
- Funds reported $626M of Franklin US Low Volatility High Dividend Index ETF stock for Q3 2023, down 16% quarter-over-quarter.
- 16 funds opened new Franklin US Low Volatility High Dividend Index ETF positions in Q3 2023 and 9 closed out, a net change of +7 holders.
- The largest Franklin US Low Volatility High Dividend Index ETF buyer in Q3 2023 was Allworth Financial, an estimated $8.19M added.
- The largest Franklin US Low Volatility High Dividend Index ETF seller in Q3 2023 was Mill Creek Capital Advisors, an estimated $50.6M sold.
Based on aggregated 13F filings for Q3 2023.