Franklin Financial Services
FRAF
33 hedge funds and large institutions have $33.7M invested in Franklin Financial Services in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
10% more capital invested
Capital invested by funds: $30.6M → $33.7M (+$3.15M)
10% more funds holding
Funds holding: 30 → 33 (+3)
0.81% more ownership
Funds ownership: 24.58% → 25.39% (+0.81%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$334K |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$260K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$231K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$207K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMTCOCP
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
-$181K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$161K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$79.8K |
| 4 |
Morgan Stanley
New York
|
-$60.2K |
| 5 |
BlackRock
New York
|
-$33.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $81.7K | +$46K | +1,514 | +126% |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $62.2K | – | – | – |
|
28
Barclays
London,
United Kingdom
| $32.8K | +$33K | +1,087 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $10.2K | -$3.74K | -123 | -27% |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $9.34K | – | – | – |
|
31
Fidelity Investments
Boston,
Massachusetts
| $8.62K | -$1.19K | -39 | -12% |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $904 | – | – | – |
|
33
Wells Fargo
San Francisco,
California
| $29 | +$30 | +1 | New |
|
|
IC
34
Innealta Capital
Austin,
Texas
| – | -$57 | -2 | Closed |
|
FRAF Hedge Fund Activity: Q3 2024 in Review
33 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q3 2024, worth a combined $33.7M — up 10% from $30.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FRAF positions and 1 closed out — a net gain of 3 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Vanguard Group, adding an estimated $334K. The largest seller was Farmers & Merchants Trust Co of Chambersburg PA, cutting an estimated $181K.
- 33 institutional investors held Franklin Financial Services (FRAF) as of Q3 2024, up from 30 in Q2 2024.
- Funds reported $33.7M of Franklin Financial Services stock for Q3 2024, up 10% quarter-over-quarter.
- 4 funds opened new Franklin Financial Services positions in Q3 2024 and 1 closed out, a net change of +3 holders.
- The largest Franklin Financial Services buyer in Q3 2024 was Vanguard Group, an estimated $334K added.
- The largest Franklin Financial Services seller in Q3 2024 was Farmers & Merchants Trust Co of Chambersburg PA, an estimated $181K sold.
Based on aggregated 13F filings for Q3 2024.