Franklin Financial Services
FRAF
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.
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: 28 → 32 (+4)
2.02% more ownership
Funds ownership: 23.37% → 25.39% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$4.63M |
| 2 |
FMTCOCP
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
+$1.26M |
| 3 |
Morgan Stanley
New York
|
+$642K |
| 4 |
Renaissance Technologies
New York
|
+$438K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$358K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.8M |
| 2 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$826K |
| 3 |
Millennium Management
New York
|
-$77.6K |
| 4 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$30K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$14.9K |
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.