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Franklin Financial Services

32 hedge funds and large institutions have $34.9M invested in Franklin Financial Services in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

100% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 6

21% more capital invested

Capital invested by funds: $29M → $34.9M (+$5.96M)

14% more funds holding

Funds holding: 2832 (+4)

2.02% more ownership

Funds ownership: 23.37%25.39% (+2%)

Holders
32
Holders Change
+4
Holders Change %
+14.29%
% of All Funds
0.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
12
Reduced
6
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FL
1
Fourthstone LLC
Missouri
$13.7M +$4.63M +146,874 +51%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.62M -$4.8M -152,512 -51%
BCM
3
Bridgeway Capital Management
Texas
$1.78M +$72.6K +2,304 +4%
BlackRock
4
BlackRock
New York
$1.57M +$11.3K +360 +0.7%
FMTCOCP
5
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$1.31M +$1.26M +39,862 +2,182%
Morgan Stanley
6
Morgan Stanley
New York
$1.3M +$642K +20,379 +98%
LCM
7
Logan Capital Management
Pennsylvania
$1.28M
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.26M +$95.8K +3,043 +8%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$1.1M -$14.9K -474 -1%
RC
10
RBF Capital
California
$947K
EF
11
Empowered Funds
Pennsylvania
$814K +$72.6K +2,304 +10%
CCM
12
Cutler Capital Management
Massachusetts
$762K -$30K -954 -4%
American Century Companies
13
American Century Companies
Missouri
$627K
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$440K +$252 +8 +0.1%
Renaissance Technologies
15
Renaissance Technologies
New York
$438K +$438K +13,897 New
Qube Research & Technologies (QRT)
16
Qube Research & Technologies (QRT)
United Kingdom
$398K +$358K +11,377 +926%
State Street
17
State Street
Massachusetts
$385K
Stifel Financial
18
Stifel Financial
Missouri
$353K
Millennium Management
19
Millennium Management
New York
$310K -$77.6K -2,465 -20%
Balyasny Asset Management
20
Balyasny Asset Management
Illinois
$309K +$308K +9,794 New
RWM
21
RKL Wealth Management
Pennsylvania
$285K +$284K +9,033 New
Northern Trust
22
Northern Trust
Illinois
$235K -$3.87K -123 -2%
6CM
23
683 Capital Management
New York
$205K +$205K +6,498 New
Bank of America
24
Bank of America
North Carolina
$200K +$97K +3,079 +94%
Citigroup
25
Citigroup
New York
$160K +$160K +5,074 New

FRAF Hedge Fund Activity: Q4 2023 in Review

32 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Services (FRAF) for Q4 2023, worth a combined $34.9M — up 21% from $29M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new FRAF positions and 2 closed out — a net gain of 4 holders — while 12 added to existing stakes and 6 trimmed.

The largest buyer was Fourthstone LLC, adding an estimated $4.63M. The largest seller was Vanguard Group, cutting an estimated $4.8M.

  • 32 institutional investors held Franklin Financial Services (FRAF) as of Q4 2023, up from 28 in Q3 2023.
  • Funds reported $34.9M of Franklin Financial Services stock for Q4 2023, up 21% quarter-over-quarter.
  • 6 funds opened new Franklin Financial Services positions in Q4 2023 and 2 closed out, a net change of +4 holders.
  • The largest Franklin Financial Services buyer in Q4 2023 was Fourthstone LLC, an estimated $4.63M added.
  • The largest Franklin Financial Services seller in Q4 2023 was Vanguard Group, an estimated $4.8M sold.

Based on aggregated 13F filings for Q4 2023.