Franklin Financial Network, Inc.
FSB
FSB was delisted on the 14th of August, 2020.
112 hedge funds and large institutions have $284M invested in Franklin Financial Network, Inc. in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 7 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
8% more capital invested
Capital invested by funds: $262M → $284M (+$22.2M)
1% more funds holding
Funds holding: 111 → 112 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.81M |
| 2 |
Millennium Management
New York
|
+$1.85M |
| 3 |
Goldman Sachs
New York
|
+$1.3M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$909K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$686K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$1.68M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$1.58M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.32M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$1.18M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$779K |
FSB Hedge Fund Activity: Q3 2019 in Review
112 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Network, Inc. (FSB) for Q3 2019, worth a combined $284M — up 8.5% from $262M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FSB positions and 7 closed out — a net gain of 1 holder — while 42 added to existing stakes and 32 trimmed.
The largest buyer was BlackRock, adding an estimated $2.81M. The largest seller was BHZ Capital Management, cutting an estimated $1.68M.
- 112 institutional investors held Franklin Financial Network, Inc. (FSB) as of Q3 2019, up from 111 in Q2 2019.
- Funds reported $284M of Franklin Financial Network, Inc. stock for Q3 2019, up 8.5% quarter-over-quarter.
- 8 funds opened new Franklin Financial Network, Inc. positions in Q3 2019 and 7 closed out, a net change of +1 holder.
- The largest Franklin Financial Network, Inc. buyer in Q3 2019 was BlackRock, an estimated $2.81M added.
- The largest Franklin Financial Network, Inc. seller in Q3 2019 was BHZ Capital Management, an estimated $1.68M sold.
Based on aggregated 13F filings for Q3 2019.