Franklin Financial Services
FRAF
43 hedge funds and large institutions have $26.5M invested in Franklin Financial Services in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 19 reducing their positions, and 15 closing their positions.
5.5% less ownership
Funds ownership: 24.24% → 18.74% (-5.5%)
7% less funds holding
Funds holding: 46 → 43 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
20% less capital invested
Capital invested by funds: $33.3M → $26.5M (-$6.79M)
74% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.16M |
| 2 |
Millennium Management
New York
|
+$1.68M |
| 3 |
RC
RBF Capital
San Francisco,
California
|
+$911K |
| 4 |
E
Ergoteles
New York
|
+$483K |
| 5 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$462K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$7.46M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.77M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$947K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$750K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$585K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Acadian Asset Management
Boston,
Massachusetts
| – | -$32K | -1,028 | Closed |
|
|
VFA
52
Valeo Financial Advisors
Carmel,
Indiana
| – | -$27K | -875 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$17K | -546 | Closed |
|
|
AIP
54
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$12K | -369 | Closed |
|
55
Legal & General Group
London,
United Kingdom
| – | -$11K | -366 | Closed |
|
|
AWC
56
Abundance Wealth Counselors
State College,
Pennsylvania
| – | -$11K | -341 | Closed |
|
57
Citigroup
New York
| – | -$8.41K | -277 | -100% |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -94 | Closed |
|
FRAF Hedge Fund Activity: Q2 2021 in Review
43 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q2 2021, worth a combined $26.5M — down 20% from $33.3M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FRAF and 12 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 5 added.
The largest buyer was Fourthstone LLC, adding an estimated $2.16M. The largest seller was BlackRock, cutting an estimated $7.46M.
- 43 institutional investors held Franklin Financial Services (FRAF) as of Q2 2021, down from 46 in Q1 2021.
- Funds reported $26.5M of Franklin Financial Services stock for Q2 2021, down 20% quarter-over-quarter.
- 12 funds opened new Franklin Financial Services positions in Q2 2021 and 15 closed out, a net change of -3 holders.
- The largest Franklin Financial Services buyer in Q2 2021 was Fourthstone LLC, an estimated $2.16M added.
- The largest Franklin Financial Services seller in Q2 2021 was BlackRock, an estimated $7.46M sold.
Based on aggregated 13F filings for Q2 2021.