FRANKLIN FINL CORP VA COM STK (VA)
FRNK
FRNK was delisted on the 2nd of January, 2015.
62 hedge funds and large institutions have $109M invested in FRANKLIN FINL CORP VA COM STK (VA) in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 5 closing their positions.
13% more capital invested
Capital invested by funds: $96.8M → $109M (+$12.5M)
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 64 → 62 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$970K |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$674K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$662K |
| 4 |
LOM
Loeb Offshore Management
New York
|
+$531K |
| 5 |
GACM
Green Arrow Capital Management
New York
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.56M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$908K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$734K |
| 4 |
Morgan Stanley
New York
|
-$267K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$204K |
FRNK Hedge Fund Activity: Q4 2014 in Review
62 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in FRANKLIN FINL CORP VA COM STK (VA) (FRNK) for Q4 2014, worth a combined $109M — up 13% from $96.8M a quarter earlier.
Fund positioning in FRNK was balanced in Q4 2014: 5 funds opened new positions, 5 closed out, 21 added to existing stakes and 19 trimmed.
The largest buyer was Gardner Lewis Asset Management, opening a new position worth an estimated $970K. The largest seller was Wellington Management Group, cutting an estimated $1.56M.
- 62 institutional investors held FRANKLIN FINL CORP VA COM STK (VA) (FRNK) as of Q4 2014, down from 64 in Q3 2014.
- Funds reported $109M of FRANKLIN FINL CORP VA COM STK (VA) stock for Q4 2014, up 13% quarter-over-quarter.
- 5 funds opened new FRANKLIN FINL CORP VA COM STK (VA) positions in Q4 2014 and 5 closed out, a net change of 0 holders.
- The largest FRANKLIN FINL CORP VA COM STK (VA) buyer in Q4 2014 was Gardner Lewis Asset Management, an estimated $970K added.
- The largest FRANKLIN FINL CORP VA COM STK (VA) seller in Q4 2014 was Wellington Management Group, an estimated $1.56M sold.
Based on aggregated 13F filings for Q4 2014.