Franklin Financial Services
FRAF
38 hedge funds and large institutions have $25.1M invested in Franklin Financial Services in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 6 closing their positions.
0.92% less ownership
Funds ownership: 18.74% → 17.82% (-0.92%)
5% less capital invested
Capital invested by funds: $26.5M → $25.1M (-$1.34M)
12% less funds holding
Funds holding: 43 → 38 (-5)
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$399K |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$376K |
| 3 |
FMTCOCP
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
+$266K |
| 4 |
State Street
Boston,
Massachusetts
|
+$64.9K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$63.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$709K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$413K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$384K |
| 4 |
Two Sigma Investments
New York
|
-$219K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$205K |
FRAF Hedge Fund Activity: Q3 2021 in Review
38 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q3 2021, worth a combined $25.1M — down 5.1% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FRAF and 1 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 9 added.
The largest buyer was Vanguard Group, adding an estimated $399K. The largest seller was Millennium Management, cutting an estimated $709K.
- 38 institutional investors held Franklin Financial Services (FRAF) as of Q3 2021, down from 43 in Q2 2021.
- Funds reported $25.1M of Franklin Financial Services stock for Q3 2021, down 5.1% quarter-over-quarter.
- 1 fund opened new Franklin Financial Services positions in Q3 2021 and 6 closed out, a net change of -5 holders.
- The largest Franklin Financial Services buyer in Q3 2021 was Vanguard Group, an estimated $399K added.
- The largest Franklin Financial Services seller in Q3 2021 was Millennium Management, an estimated $709K sold.
Based on aggregated 13F filings for Q3 2021.