Franklin Financial Services
FRAF
32 hedge funds and large institutions have $29.1M invested in Franklin Financial Services in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 2 closing their positions.
1.89% more ownership
Funds ownership: 20.39% → 22.27% (+1.9%)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
10% less capital invested
Capital invested by funds: $32.3M → $29.1M (-$3.25M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$3.06M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$370K |
| 3 |
FMTCOCP
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
+$246K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.54K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$3.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$553K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$439K |
| 3 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
-$245K |
| 4 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$235K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$200K |
FRAF Hedge Fund Activity: Q1 2023 in Review
32 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q1 2023, worth a combined $29.1M — down 10% from $32.3M a quarter earlier.
Fund positioning in FRAF was balanced in Q1 2023: 2 funds opened new positions, 2 closed out, 8 added to existing stakes and 12 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $3.06M. The largest seller was HRT Financial, exiting entirely with an estimated $553K sold.
- 32 institutional investors held Franklin Financial Services (FRAF) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $29.1M of Franklin Financial Services stock for Q1 2023, down 10% quarter-over-quarter.
- 2 funds opened new Franklin Financial Services positions in Q1 2023 and 2 closed out, a net change of 0 holders.
- The largest Franklin Financial Services buyer in Q1 2023 was Fourthstone LLC, an estimated $3.06M added.
- The largest Franklin Financial Services seller in Q1 2023 was HRT Financial, an estimated $553K sold.
Based on aggregated 13F filings for Q1 2023.