FRANKLIN FINL CORP VA COM STK (VA)
FRNK
FRNK was delisted on the 2nd of January, 2015.
58 hedge funds and large institutions have $96.4M invested in FRANKLIN FINL CORP VA COM STK (VA) in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 6 closing their positions.
22% more capital invested
Capital invested by funds: $78.8M → $96.4M (+$17.6M)
3% less funds holding
Funds holding: 60 → 58 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
45% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$387K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$332K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$292K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$175K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$138K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$530K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$366K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$332K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$202K |
| 5 |
JP Morgan Chase
New York
|
-$197K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSW
51
Thompson Siegel & Walmsley
Richmond,
Virginia
| $20K | – | – | – |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $12K | -$3.04K | -157 | -21% |
|
53
Bank of America
Charlotte,
North Carolina
| $10K | -$14.4K | -744 | -61% |
|
54
BlackRock
New York
| $10K | – | – | – |
|
55
Barclays
London,
United Kingdom
| $5K | +$2.56K | +132 | +125% |
|
56
BNP Paribas Financial Markets
Paris,
France
| $2.75K | +$2.69K | +139 | New |
|
|
EWP
57
Edmunds White Partners
Richmond,
Virginia
| $1K | – | – | – |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $196 | -$5.98K | -309 | -3% |
|
|
59
JP Morgan Chase
New York
| – | -$197K | -10,363 | Closed |
|
|
RFC
60
Russell Frank Company
Seattle,
Washington
| – | -$59K | -3,107 | Closed |
|
61
Ameriprise
Minneapolis,
Minnesota
| – | -$19K | -1,000 | Closed |
|
62
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$13K | -690 | Closed |
|
|
CCMH
63
Cornerstone Capital Management Holdings
New York
| – | -$4K | -194 | Closed |
|
64
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -131 | Closed |
|
FRNK Hedge Fund Activity: Q4 2013 in Review
58 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in FRANKLIN FINL CORP VA COM STK (VA) (FRNK) for Q4 2013, worth a combined $96.4M — up 22% from $78.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FRNK and 4 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 12 added.
The largest buyer was Renaissance Technologies, adding an estimated $387K. The largest seller was Bridgeway Capital Management, cutting an estimated $530K.
- 58 institutional investors held FRANKLIN FINL CORP VA COM STK (VA) (FRNK) as of Q4 2013, down from 60 in Q3 2013.
- Funds reported $96.4M of FRANKLIN FINL CORP VA COM STK (VA) stock for Q4 2013, up 22% quarter-over-quarter.
- 4 funds opened new FRANKLIN FINL CORP VA COM STK (VA) positions in Q4 2013 and 6 closed out, a net change of -2 holders.
- The largest FRANKLIN FINL CORP VA COM STK (VA) buyer in Q4 2013 was Renaissance Technologies, an estimated $387K added.
- The largest FRANKLIN FINL CORP VA COM STK (VA) seller in Q4 2013 was Bridgeway Capital Management, an estimated $530K sold.
Based on aggregated 13F filings for Q4 2013.