Franklin Financial Network, Inc.
FSB
FSB was delisted on the 14th of August, 2020.
113 hedge funds and large institutions have $298M invested in Franklin Financial Network, Inc. in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 18 reducing their positions, and 18 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 18
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
70% more capital invested
Capital invested by funds: $176M → $298M (+$122M)
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
4% more funds holding
Funds holding: 109 → 113 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$15.9M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$8.2M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$6.55M |
| 4 |
Renaissance Technologies
New York
|
+$4.64M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$4.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.08M |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.35M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.27M |
| 4 |
MCM
Matarin Capital Management
New York
|
-$1.05M |
| 5 |
SIM
Spark Investment Management
New York
|
-$789K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSWM
126
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$304K | -8,141 | Closed |
|
|
ACI
127
AMP Capital Investors
Sydney,
Australia
| – | -$250K | -6,800 | Closed |
|
|
PFPT
128
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$40K | -1,064 | Closed |
|
|
WIC
129
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$32K | -850 | Closed |
|
130
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$23K | -611 | Closed |
|
131
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$364 | +10 | New |
|
FSB Hedge Fund Activity: Q4 2016 in Review
113 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Network, Inc. (FSB) for Q4 2016, worth a combined $298M — up 70% from $176M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FSB positions and 18 closed out — a net gain of 5 holders — while 60 added to existing stakes and 18 trimmed.
The largest buyer was Northpointe Capital, opening a new position worth an estimated $15.9M. The largest seller was Goldman Sachs, cutting an estimated $2.08M.
- 113 institutional investors held Franklin Financial Network, Inc. (FSB) as of Q4 2016, up from 109 in Q3 2016.
- Funds reported $298M of Franklin Financial Network, Inc. stock for Q4 2016, up 70% quarter-over-quarter.
- 23 funds opened new Franklin Financial Network, Inc. positions in Q4 2016 and 18 closed out, a net change of +5 holders.
- The largest Franklin Financial Network, Inc. buyer in Q4 2016 was Northpointe Capital, an estimated $15.9M added.
- The largest Franklin Financial Network, Inc. seller in Q4 2016 was Goldman Sachs, an estimated $2.08M sold.
Based on aggregated 13F filings for Q4 2016.