Franklin Financial Network, Inc.
FSB
FSB was delisted on the 14th of August, 2020.
111 hedge funds and large institutions have $262M invested in Franklin Financial Network, Inc. in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 46 increasing their positions, 23 reducing their positions, and 21 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $275M → $262M (-$13.4M)
13% less funds holding
Funds holding: 128 → 111 (-17)
67% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$2.27M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.1M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.41M |
| 4 |
Morgan Stanley
New York
|
+$1.4M |
| 5 |
BlackRock
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$2.78M |
| 2 |
Goldman Sachs
New York
|
-$2.77M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$2.62M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.33M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$41K | -1,425 | Closed |
|
|
PFPT
127
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$31K | -1,064 | Closed |
|
|
PCP
128
Proficio Capital Partners
Newton,
Massachusetts
| – | -$4K | -147 | Closed |
|
|
WAM
129
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -43 | Closed |
|
|
CAM
130
Cresset Asset Management
Chicago,
Illinois
| – | -$1K | -21 | Closed |
|
FSB Hedge Fund Activity: Q2 2019 in Review
111 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Network, Inc. (FSB) for Q2 2019, worth a combined $262M — down 4.9% from $275M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FSB and 7 opened new positions — a net loss of 14 holders — while 23 trimmed existing stakes and 46 added.
The largest buyer was Mackay Shields LLC, adding an estimated $2.27M. The largest seller was American Century Companies, exiting entirely with an estimated $2.78M sold.
- 111 institutional investors held Franklin Financial Network, Inc. (FSB) as of Q2 2019, down from 128 in Q1 2019.
- Funds reported $262M of Franklin Financial Network, Inc. stock for Q2 2019, down 4.9% quarter-over-quarter.
- 7 funds opened new Franklin Financial Network, Inc. positions in Q2 2019 and 21 closed out, a net change of -14 holders.
- The largest Franklin Financial Network, Inc. buyer in Q2 2019 was Mackay Shields LLC, an estimated $2.27M added.
- The largest Franklin Financial Network, Inc. seller in Q2 2019 was American Century Companies, an estimated $2.78M sold.
Based on aggregated 13F filings for Q2 2019.