Franklin Financial Network, Inc.
FSB
FSB was delisted on the 14th of August, 2020.
119 hedge funds and large institutions have $327M invested in Franklin Financial Network, Inc. in 2019 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 40 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
15% more capital invested
Capital invested by funds: $284M → $327M (+$42.9M)
6% more funds holding
Funds holding: 112 → 119 (+7)
8% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 40
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$3.05M |
| 2 |
Millennium Management
New York
|
+$2.48M |
| 3 |
BlackRock
New York
|
+$2.1M |
| 4 |
Renaissance Technologies
New York
|
+$1.84M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$4.97M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$3.07M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.84M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.66M |
| 5 |
RA
Royce & Associates
New York
|
-$1.42M |
FSB Hedge Fund Activity: Q4 2019 in Review
119 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Franklin Financial Network, Inc. (FSB) for Q4 2019, worth a combined $327M — up 15% from $284M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FSB positions and 7 closed out — a net gain of 12 holders — while 37 added to existing stakes and 40 trimmed.
The largest buyer was Patriot Financial Partners, opening a new position worth an estimated $3.05M. The largest seller was Principal Financial Group, cutting an estimated $4.97M.
- 119 institutional investors held Franklin Financial Network, Inc. (FSB) as of Q4 2019, up from 112 in Q3 2019.
- Funds reported $327M of Franklin Financial Network, Inc. stock for Q4 2019, up 15% quarter-over-quarter.
- 19 funds opened new Franklin Financial Network, Inc. positions in Q4 2019 and 7 closed out, a net change of +12 holders.
- The largest Franklin Financial Network, Inc. buyer in Q4 2019 was Patriot Financial Partners, an estimated $3.05M added.
- The largest Franklin Financial Network, Inc. seller in Q4 2019 was Principal Financial Group, an estimated $4.97M sold.
Based on aggregated 13F filings for Q4 2019.