Franklin Financial Network, Inc.
FSB
FSB was delisted on the 14th of August, 2020.
128 hedge funds and large institutions have $275M invested in Franklin Financial Network, Inc. in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
33% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 33
9% more capital invested
Capital invested by funds: $253M → $275M (+$22.3M)
5% more funds holding
Funds holding: 122 → 128 (+6)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$4.92M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.42M |
| 4 |
Goldman Sachs
New York
|
+$1.76M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$12M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$3.63M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.25M |
| 4 |
JC
JCSD Capital
Walnut Creek,
California
|
-$1.69M |
| 5 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
-$1.62M |
FSB Hedge Fund Activity: Q1 2019 in Review
128 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Network, Inc. (FSB) for Q1 2019, worth a combined $275M — up 8.8% from $253M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FSB positions and 10 closed out — a net gain of 7 holders — while 44 added to existing stakes and 33 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $4.92M. The largest seller was Investment Counselors of Maryland, exiting entirely with an estimated $12M sold.
- 128 institutional investors held Franklin Financial Network, Inc. (FSB) as of Q1 2019, up from 122 in Q4 2018.
- Funds reported $275M of Franklin Financial Network, Inc. stock for Q1 2019, up 8.8% quarter-over-quarter.
- 17 funds opened new Franklin Financial Network, Inc. positions in Q1 2019 and 10 closed out, a net change of +7 holders.
- The largest Franklin Financial Network, Inc. buyer in Q1 2019 was Hennessy Advisors Inc, an estimated $4.92M added.
- The largest Franklin Financial Network, Inc. seller in Q1 2019 was Investment Counselors of Maryland, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2019.