FRANKLIN FINL CORP VA COM STK (VA)
FRNK
FRNK was delisted on the 2nd of January, 2015.
61 hedge funds and large institutions have $108M invested in FRANKLIN FINL CORP VA COM STK (VA) in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 28 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
11% more capital invested
Capital invested by funds: $96.5M → $108M (+$11.1M)
5% more funds holding
Funds holding: 58 → 61 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
57% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBS
Lawrence B. Seidman
|
+$2.75M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$810K |
| 3 |
Renaissance Technologies
New York
|
+$473K |
| 4 |
CEI
Clark Estates Inc
New York
|
+$375K |
| 5 |
Morgan Stanley
New York
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.09M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$810K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$560K |
| 4 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$547K |
| 5 |
EEG
E.E. Geduld
|
-$304K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
51
UBS
Zurich,
Switzerland
| $13K | +$12.3K | +609 | New |
|
52
BlackRock
New York
| $8K | -$2.43K | -120 | -25% |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | +$5.47K | +270 | New |
|
54
Invesco
Atlanta,
Georgia
| $5K | -$972 | -48 | -19% |
|
55
Barclays
London,
United Kingdom
| $3K | -$5.08K | -251 | -60% |
|
56
Citigroup
New York
| $2K | -$31.7K | -1,564 | -95% |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| $2K | -$3.08K | -152 | -60% |
|
58
BNP Paribas Financial Markets
Paris,
France
| $1.22K | +$1.13K | +56 | New |
|
|
EWP
59
Edmunds White Partners
Richmond,
Virginia
| $1K | – | – | – |
|
60
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
GSC
61
Ground Swell Capital
Folly Beach,
South Carolina
| $1K | +$506 | +25 | New |
|
62
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$237K | -12,133 | Closed |
|
|
CS
63
Credit Suisse
Zurich,
Switzerland
| – | -$218K | -11,173 | Closed |
|
64
ProShare Advisors
Bethesda,
Maryland
| – | -$213K | -10,884 | Closed |
|
|
PAM
65
Panagora Asset Management
Boston,
Massachusetts
| – | -$124K | -6,349 | Closed |
|
FRNK Hedge Fund Activity: Q2 2014 in Review
61 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in FRANKLIN FINL CORP VA COM STK (VA) (FRNK) for Q2 2014, worth a combined $108M — up 11% from $96.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FRNK positions and 4 closed out — a net gain of 3 holders — while 12 added to existing stakes and 28 trimmed.
The largest buyer was Lawrence B. Seidman, adding an estimated $2.75M. The largest seller was BlackRock Fund Advisors, cutting an estimated $1.09M.
- 61 institutional investors held FRANKLIN FINL CORP VA COM STK (VA) (FRNK) as of Q2 2014, up from 58 in Q1 2014.
- Funds reported $108M of FRANKLIN FINL CORP VA COM STK (VA) stock for Q2 2014, up 11% quarter-over-quarter.
- 7 funds opened new FRANKLIN FINL CORP VA COM STK (VA) positions in Q2 2014 and 4 closed out, a net change of +3 holders.
- The largest FRANKLIN FINL CORP VA COM STK (VA) buyer in Q2 2014 was Lawrence B. Seidman, an estimated $2.75M added.
- The largest FRANKLIN FINL CORP VA COM STK (VA) seller in Q2 2014 was BlackRock Fund Advisors, an estimated $1.09M sold.
Based on aggregated 13F filings for Q2 2014.