Franklin Financial Services
FRAF
85 hedge funds and large institutions have $77M invested in Franklin Financial Services in 2026 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
10% more funds holding
Funds holding: 77 → 85 (+8)
2% less capital invested
Capital invested by funds: $78.7M → $77M (-$1.7M)
1.45% less ownership
Funds ownership: 35.02% → 33.56% (-1.5%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$3.22M |
| 2 |
Millennium Management
New York
|
+$2.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.49M |
| 4 |
BlackRock
New York
|
+$1.31M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$8.81M |
| 2 |
LCM
Logan Capital Management
Newtown Square,
Pennsylvania
|
-$2.04M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$1.23M |
| 4 |
FMTCOCP
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
-$935K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$749K |
FRAF Hedge Fund Activity: Q1 2026 in Review
85 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q1 2026, worth a combined $77M — down 2.2% from $78.7M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FRAF positions and 8 closed out — a net gain of 9 holders — while 31 added to existing stakes and 22 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, opening a new position worth an estimated $3.22M. The largest seller was Fourthstone LLC, exiting entirely with an estimated $8.81M sold.
- 85 institutional investors held Franklin Financial Services (FRAF) as of Q1 2026, up from 77 in Q4 2025.
- Funds reported $77M of Franklin Financial Services stock for Q1 2026, down 2.2% quarter-over-quarter.
- 17 funds opened new Franklin Financial Services positions in Q1 2026 and 8 closed out, a net change of +9 holders.
- The largest Franklin Financial Services buyer in Q1 2026 was Elizabeth Park Capital Advisors, an estimated $3.22M added.
- The largest Franklin Financial Services seller in Q1 2026 was Fourthstone LLC, an estimated $8.81M sold.
Based on aggregated 13F filings for Q1 2026.