Franklin Financial Services
FRAF
43 hedge funds and large institutions have $19.5M invested in Franklin Financial Services in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 19 reducing their positions, and 4 closing their positions.
0.29% less ownership
Funds ownership: 21.2% → 20.92% (-0.29%)
9% less funds holding
Funds holding: 47 → 43 (-4)
41% less capital inflows, than outflows
Capital inflows: $371K | Capital outflows: $631K
58% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 19
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$150K |
| 2 |
Tower Research Capital (TRC)
New York
|
+$100K |
| 3 |
Panagora Asset Management
Boston,
Massachusetts
|
+$55.7K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$28.8K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$19.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$134K |
| 2 |
Cutler Capital Management
Worcester,
Massachusetts
|
-$118K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$76.4K |
| 4 |
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
-$40.9K |
| 5 |
State Street
Boston,
Massachusetts
|
-$34.5K |
FRAF Hedge Fund Activity: Q3 2020 in Review
43 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q3 2020, worth a combined $19.5M — down 18% from $23.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRAF and 0 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 8 added.
The largest buyer was Royal Bank of Canada, adding an estimated $150K. The largest seller was Russell Investments Group, exiting entirely with an estimated $134K sold.
- 43 institutional investors held Franklin Financial Services (FRAF) as of Q3 2020, down from 47 in Q2 2020.
- Funds reported $19.5M of Franklin Financial Services stock for Q3 2020, down 18% quarter-over-quarter.
- 0 funds opened new Franklin Financial Services positions in Q3 2020 and 4 closed out, a net change of -4 holders.
- The largest Franklin Financial Services buyer in Q3 2020 was Royal Bank of Canada, an estimated $150K added.
- The largest Franklin Financial Services seller in Q3 2020 was Russell Investments Group, an estimated $134K sold.
Based on aggregated 13F filings for Q3 2020.