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Franklin US Low Volatility High Dividend Index ETF

103 hedge funds and large institutions have $744M invested in Franklin US Low Volatility High Dividend Index ETF in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 43 increasing their positions, 37 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 37

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

1% less funds holding

Funds holding: 104103 (-1)

1.61% less ownership

Funds ownership: 72.32%70.71% (-1.6%)

5% less capital invested

Capital invested by funds: $785M → $744M (-$40.4M)

Holders
103
Holders Change
-1
Holders Change %
-0.96%
% of All Funds
1.62%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
8
Increased
43
Reduced
37
Closed
8
Calls
$491K
Puts
Net Calls
+$491K
Net Calls Change
-$9K
Name Holding Trade Value Shares
Change
Change in
Stake
AF
1
Allworth Financial
California
$133M +$20.2M +549,667 +18%
MCCA
2
Mill Creek Capital Advisors
Pennsylvania
$125M +$7.9M +215,280 +7%
AFG
3
Albion Financial Group
Utah
$71.2M -$2.26M -61,531 -3%
Morgan Stanley
4
Morgan Stanley
New York
$66M -$2.65M -72,312 -4%
Financial Engines Advisors
5
Financial Engines Advisors
California
$44.4M -$951K -25,905 -2%
LPL Financial
6
LPL Financial
California
$42M +$10M +273,168 +31%
Bank of America
7
Bank of America
North Carolina
$27.2M -$19.4M -527,234 -42%
BFWA
8
Benchmark Financial Wealth Advisors
Florida
$23.7M -$866K -23,600 -4%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$18.9M -$2.24M -61,129 -11%
Wells Fargo
10
Wells Fargo
California
$17.5M -$1.75M -47,656 -9%
UBS Group
11
UBS Group
Switzerland
$14.7M -$2.58M -70,335 -15%
Osaic Holdings
12
Osaic Holdings
Arizona
$10.3M -$6.01M -163,669 -37%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$9.99M -$2.21M -60,116 -18%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$9.53M +$736K +20,053 +8%
XF
15
XML Financial
Maryland
$9.25M -$2.14M -58,292 -19%
AAS
16
Avantax Advisory Services
Texas
$9.18M +$3.73M +101,649 +68%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$8.59M +$8.6M +234,288 New
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$7.63M -$1.88M -51,109 -20%
PAG
19
Private Advisor Group
New Jersey
$6.5M -$633K -17,230 -9%
FAIM
20
Financial Advocates Investment Management
Washington
$5.47M +$3.15M +85,762 +135%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$5.09M -$6.44M -175,298 -56%
SIA
22
Sovereign Investment Advisors
Arizona
$5.07M +$38.5K +1,050 +0.8%
JP Morgan Chase
23
JP Morgan Chase
New York
$5.02M +$4.77M +130,054 +1,877%
Ameriprise
24
Ameriprise
Minnesota
$4.71M +$1.6M +43,604 +52%
Cetera Investment Advisers
25
Cetera Investment Advisers
Illinois
$4.66M +$633K +17,242 +16%

LVHD Hedge Fund Activity: Q2 2023 in Review

103 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Franklin US Low Volatility High Dividend Index ETF (LVHD) for Q2 2023, worth a combined $744M — down 5.2% from $785M a quarter earlier.

Fund positioning in LVHD was balanced in Q2 2023: 8 funds opened new positions, 8 closed out, 43 added to existing stakes and 37 trimmed.

The largest buyer was Allworth Financial, adding an estimated $20.2M. The largest seller was Franklin Resources, cutting an estimated $58.7M.

  • 103 institutional investors held Franklin US Low Volatility High Dividend Index ETF (LVHD) as of Q2 2023, down from 104 in Q1 2023.
  • Funds reported $744M of Franklin US Low Volatility High Dividend Index ETF stock for Q2 2023, down 5.2% quarter-over-quarter.
  • 8 funds opened new Franklin US Low Volatility High Dividend Index ETF positions in Q2 2023 and 8 closed out, a net change of 0 holders.
  • The largest Franklin US Low Volatility High Dividend Index ETF buyer in Q2 2023 was Allworth Financial, an estimated $20.2M added.
  • The largest Franklin US Low Volatility High Dividend Index ETF seller in Q2 2023 was Franklin Resources, an estimated $58.7M sold.

Based on aggregated 13F filings for Q2 2023.