Franklin Financial Services
FRAF
41 hedge funds and large institutions have $31.3M invested in Franklin Financial Services in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
5% more funds holding
Funds holding: 39 → 41 (+2)
1.08% more ownership
Funds ownership: 19.24% → 20.32% (+1.1%)
0% less capital invested
Capital invested by funds: $31.4M → $31.3M (-$84.4K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.28M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$761K |
| 3 |
BlackRock
New York
|
+$707K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$615K |
| 5 |
State Street
Boston,
Massachusetts
|
+$435K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.49M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$785K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$575K |
| 4 |
Morgan Stanley
New York
|
-$226K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$72.4K |
FRAF Hedge Fund Activity: Q3 2019 in Review
41 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q3 2019, worth a combined $31.3M — down 0.27% from $31.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FRAF positions and 3 closed out — a net gain of 2 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Northern Trust, adding an estimated $1.28M. The largest seller was Wellington Management Group, exiting entirely with an estimated $1.49M sold.
- 41 institutional investors held Franklin Financial Services (FRAF) as of Q3 2019, up from 39 in Q2 2019.
- Funds reported $31.3M of Franklin Financial Services stock for Q3 2019, down 0.27% quarter-over-quarter.
- 5 funds opened new Franklin Financial Services positions in Q3 2019 and 3 closed out, a net change of +2 holders.
- The largest Franklin Financial Services buyer in Q3 2019 was Northern Trust, an estimated $1.28M added.
- The largest Franklin Financial Services seller in Q3 2019 was Wellington Management Group, an estimated $1.49M sold.
Based on aggregated 13F filings for Q3 2019.