Franklin Financial Network, Inc.
FSB
FSB was delisted on the 14th of August, 2020.
108 hedge funds and large institutions have $195M invested in Franklin Financial Network, Inc. in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
9% less funds holding
Funds holding: 119 → 108 (-11)
38% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 26
41% less capital invested
Capital invested by funds: $327M → $195M (-$133M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VI
Versor Investments
New York
|
+$15.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.28M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.46M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$4.38M |
| 5 |
IA
IndexIQ Advisors
New York
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$8.57M |
| 2 |
Millennium Management
New York
|
-$5.14M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$4.46M |
| 4 |
RA
Royce & Associates
New York
|
-$3.64M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$3.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
126
Dynamic Technology Lab
Singapore
| – | -$238K | -6,928 | Closed |
|
127
VOYA Investment Management
Atlanta,
Georgia
| – | -$234K | -6,824 | Closed |
|
|
RFC
128
Regions Financial Corp
Birmingham,
Alabama
| – | -$221K | -6,445 | Closed |
|
|
BSW
129
Buckingham Strategic Wealth
Clayton,
Missouri
| – | -$208K | -6,064 | Closed |
|
|
SF
130
Synovus Financial
Columbus,
Georgia
| – | -$34K | -1,000 | Closed |
|
131
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -84 | Closed |
|
|
TFO
132
Tarbox Family Office
Newport Beach,
California
| – | -$2K | -71 | Closed |
|
|
HGWM
133
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | +$541 | +17 | New |
|
FSB Hedge Fund Activity: Q1 2020 in Review
108 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Network, Inc. (FSB) for Q1 2020, worth a combined $195M — down 41% from $327M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FSB and 16 opened new positions — a net loss of 10 holders — while 33 trimmed existing stakes and 36 added.
The largest buyer was Versor Investments, opening a new position worth an estimated $15.8M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $8.57M sold.
- 108 institutional investors held Franklin Financial Network, Inc. (FSB) as of Q1 2020, down from 119 in Q4 2019.
- Funds reported $195M of Franklin Financial Network, Inc. stock for Q1 2020, down 41% quarter-over-quarter.
- 16 funds opened new Franklin Financial Network, Inc. positions in Q1 2020 and 26 closed out, a net change of -10 holders.
- The largest Franklin Financial Network, Inc. buyer in Q1 2020 was Versor Investments, an estimated $15.8M added.
- The largest Franklin Financial Network, Inc. seller in Q1 2020 was Raymond James Financial Services Advisors, an estimated $8.57M sold.
Based on aggregated 13F filings for Q1 2020.