§ EQUITY
USDINCM
FRANKLIN INCOME FOCUS ETF
USD
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
95 increased/new, 16 decreased/exited (13F)
AC 13F Analysis
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| LPL Financial LLC | 4.9M | 0.0% | +28% |
| RAYMOND JAMES FINANCIAL INC | 2.3M | 0.0% | +8% |
| Wells Fargo & Company | 2.3M | n/a | +16% |
| AMERIPRISE FINANCIAL INC | 1.6M | n/a | +72% |
| ROYAL BANK OF CANADA | 1.6M | 0.0% | +17% |
| Bank of America Corp | 1.3M | 0.0% | +8% |
◇ AC INTELLIGENCE
Top institutional owners for INCM as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER67.3% · 100 holders
DEALER / BANK26.2% · 11 holders
QUALITY / COMPOUNDER6.4% · 2 holders
TACTICAL / MACRO0.1% · 1 holder
INCOME / DEFENSIVE0.0% · 1 holder
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for INCM in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention INCM yet.