Francesca's Holdings Corporation
FRAN
FRAN was delisted on the 14th of December, 2020.
174 hedge funds and large institutions have $275M invested in Francesca's Holdings Corporation in 2017 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 81 increasing their positions, 46 reducing their positions, and 33 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 46
4% less funds holding
Funds holding: 182 → 174 (-8)
15% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 33
27% less call options, than puts
Call options by funds: $2.1M | Put options by funds: $2.87M
37% less capital invested
Capital invested by funds: $435M → $275M (-$160M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$9.88M |
| 2 |
Renaissance Technologies
New York
|
+$5.75M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.49M |
| 4 |
QI
QS Investors
New York
|
+$3.06M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$13.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.1M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$10.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.72M |
| 5 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$5.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Simplex Trading
Chicago,
Illinois
| – | -$29K | -286 | Closed |
|
|
AIM
202
Acrospire Investment Management
Chicago,
Illinois
| – | -$18K | -137 | Closed |
|
|
MA
203
MUFG Americas
New York
| – | -$2K | -16 | Closed |
|
204
US Bancorp
Minneapolis,
Minnesota
| – | -$1.42K | -14 | -78% |
|
|
PFBT
205
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$405 | +4 | New |
|
FRAN Hedge Fund Activity: Q3 2017 in Review
174 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Francesca's Holdings Corporation (FRAN) for Q3 2017, worth a combined $275M — down 37% from $435M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of FRAN and 28 opened new positions — a net loss of 5 holders — while 46 trimmed existing stakes and 81 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $9.88M. The largest seller was Homestead Advisers, exiting entirely with an estimated $13.8M sold.
- 174 institutional investors held Francesca's Holdings Corporation (FRAN) as of Q3 2017, down from 182 in Q2 2017.
- Funds reported $275M of Francesca's Holdings Corporation stock for Q3 2017, down 37% quarter-over-quarter.
- 28 funds opened new Francesca's Holdings Corporation positions in Q3 2017 and 33 closed out, a net change of -5 holders.
- The largest Francesca's Holdings Corporation buyer in Q3 2017 was Paradigm Capital Management Inc, an estimated $9.88M added.
- The largest Francesca's Holdings Corporation seller in Q3 2017 was Homestead Advisers, an estimated $13.8M sold.
Based on aggregated 13F filings for Q3 2017.