FRANKLIN FINL CORP VA COM STK (VA)
FRNK
FRNK was delisted on the 2nd of January, 2015.
60 hedge funds and large institutions have $78.8M invested in FRANKLIN FINL CORP VA COM STK (VA) in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 4 closing their positions.
1% more capital invested
Capital invested by funds: $77.7M → $78.8M (+$1.15M)
3% less funds holding
Funds holding: 62 → 60 (-2)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$866K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$576K |
| 3 |
CEI
Clark Estates Inc
New York
|
+$402K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$377K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$292K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.99M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$457K |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$350K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$326K |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$191K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Ameriprise
Minneapolis,
Minnesota
| $19K | – | – | – |
|
|
TSW
52
Thompson Siegel & Walmsley
Richmond,
Virginia
| $19K | – | – | – |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $15K | +$12.1K | +657 | +657% |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $13K | – | – | – |
|
55
BlackRock
New York
| $9K | – | – | – |
|
|
CCMH
56
Cornerstone Capital Management Holdings
New York
| $4K | -$14.8K | -806 | -81% |
|
57
Barclays
London,
United Kingdom
| $2K | -$42.1K | -2,285 | -96% |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | -$25.2K | -1,369 | -91% |
|
|
EWP
59
Edmunds White Partners
Richmond,
Virginia
| $1K | – | – | – |
|
60
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $193 | +$1.32K | +72 | +0.7% |
|
|
TAM
61
THB Asset Management
Norwalk,
Connecticut
| – | -$3.99M | -221,794 | Closed |
|
|
OSAM
62
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$350K | -19,387 | Closed |
|
|
63
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$191K | -10,600 | Closed |
|
|
U
64
UBS
Zurich,
Switzerland
| – | -$48K | -2,669 | Closed |
|
FRNK Hedge Fund Activity: Q3 2013 in Review
60 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in FRANKLIN FINL CORP VA COM STK (VA) (FRNK) for Q3 2013, worth a combined $78.8M — up 1.5% from $77.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRNK and 2 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 19 added.
The largest buyer was Renaissance Technologies, adding an estimated $866K. The largest seller was THB Asset Management, exiting entirely with an estimated $3.99M sold.
- 60 institutional investors held FRANKLIN FINL CORP VA COM STK (VA) (FRNK) as of Q3 2013, down from 62 in Q2 2013.
- Funds reported $78.8M of FRANKLIN FINL CORP VA COM STK (VA) stock for Q3 2013, up 1.5% quarter-over-quarter.
- 2 funds opened new FRANKLIN FINL CORP VA COM STK (VA) positions in Q3 2013 and 4 closed out, a net change of -2 holders.
- The largest FRANKLIN FINL CORP VA COM STK (VA) buyer in Q3 2013 was Renaissance Technologies, an estimated $866K added.
- The largest FRANKLIN FINL CORP VA COM STK (VA) seller in Q3 2013 was THB Asset Management, an estimated $3.99M sold.
Based on aggregated 13F filings for Q3 2013.