Franklin Financial Services
FRAF
46 hedge funds and large institutions have $33.3M invested in Franklin Financial Services in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
33% more capital invested
Capital invested by funds: $25M → $33.3M (+$8.32M)
15% more funds holding
Funds holding: 40 → 46 (+6)
3.07% more ownership
Funds ownership: 21.18% → 24.24% (+3.1%)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.15M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$989K |
| 3 |
BlackRock
New York
|
+$706K |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$535K |
| 5 |
Goldman Sachs
New York
|
+$447K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$255K |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$190K |
| 3 |
Morgan Stanley
New York
|
-$144K |
| 4 |
State Street
Boston,
Massachusetts
|
-$123K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$101K |
FRAF Hedge Fund Activity: Q1 2021 in Review
46 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q1 2021, worth a combined $33.3M — up 33% from $25M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FRAF positions and 1 closed out — a net gain of 6 holders — while 11 added to existing stakes and 15 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.15M. The largest seller was Wells Fargo, cutting an estimated $255K.
- 46 institutional investors held Franklin Financial Services (FRAF) as of Q1 2021, up from 40 in Q4 2020.
- Funds reported $33.3M of Franklin Financial Services stock for Q1 2021, up 33% quarter-over-quarter.
- 7 funds opened new Franklin Financial Services positions in Q1 2021 and 1 closed out, a net change of +6 holders.
- The largest Franklin Financial Services buyer in Q1 2021 was Vanguard Group, an estimated $1.15M added.
- The largest Franklin Financial Services seller in Q1 2021 was Wells Fargo, an estimated $255K sold.
Based on aggregated 13F filings for Q1 2021.