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 |
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.