Franklin Financial Services
FRAF
40 hedge funds and large institutions have $25M invested in Franklin Financial Services in 2020 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 4 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
28% more capital invested
Capital invested by funds: $19.5M → $25M (+$5.5M)
0.26% more ownership
Funds ownership: 20.92% → 21.18% (+0.26%)
7% less funds holding
Funds holding: 43 → 40 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$347K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$289K |
| 3 |
State Street
Boston,
Massachusetts
|
+$282K |
| 4 |
JP Morgan Chase
New York
|
+$249K |
| 5 |
FMTCOCP
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$462K |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$304K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$75.5K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$71.1K |
| 5 |
EWM
Endurance Wealth Management
Providence,
Rhode Island
|
-$62K |
FRAF Hedge Fund Activity: Q4 2020 in Review
40 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q4 2020, worth a combined $25M — up 28% from $19.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRAF and 1 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 17 added.
The largest buyer was BlackRock, adding an estimated $347K. The largest seller was M3F Inc, exiting entirely with an estimated $462K sold.
- 40 institutional investors held Franklin Financial Services (FRAF) as of Q4 2020, down from 43 in Q3 2020.
- Funds reported $25M of Franklin Financial Services stock for Q4 2020, up 28% quarter-over-quarter.
- 1 fund opened new Franklin Financial Services positions in Q4 2020 and 4 closed out, a net change of -3 holders.
- The largest Franklin Financial Services buyer in Q4 2020 was BlackRock, an estimated $347K added.
- The largest Franklin Financial Services seller in Q4 2020 was M3F Inc, an estimated $462K sold.
Based on aggregated 13F filings for Q4 2020.