Franklin Financial Services
FRAF
39 hedge funds and large institutions have $24.1M invested in Franklin Financial Services in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 3 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
0.12% less ownership
Funds ownership: 20.38% → 20.26% (-0.12%)
3% less funds holding
Funds holding: 40 → 39 (-1)
30% less capital invested
Capital invested by funds: $34.3M → $24.1M (-$10.2M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$361K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$313K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$174K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$155K |
| 5 |
BlackRock
New York
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.07M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$249K |
| 3 |
LCM
Logan Capital Management
Newtown Square,
Pennsylvania
|
-$107K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$76.8K |
| 5 |
Barclays
London,
United Kingdom
|
-$71.9K |
FRAF Hedge Fund Activity: Q1 2020 in Review
39 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q1 2020, worth a combined $24.1M — down 30% from $34.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FRAF and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 15 added.
The largest buyer was Panagora Asset Management, adding an estimated $361K. The largest seller was M3F Inc, cutting an estimated $1.07M.
- 39 institutional investors held Franklin Financial Services (FRAF) as of Q1 2020, down from 40 in Q4 2019.
- Funds reported $24.1M of Franklin Financial Services stock for Q1 2020, down 30% quarter-over-quarter.
- 2 funds opened new Franklin Financial Services positions in Q1 2020 and 3 closed out, a net change of -1 holder.
- The largest Franklin Financial Services buyer in Q1 2020 was Panagora Asset Management, an estimated $361K added.
- The largest Franklin Financial Services seller in Q1 2020 was M3F Inc, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2020.