Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in FRAF held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 265K | $13.6M | +10.9% | 5.910% | 0.00% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 183K | $9.4M | — | 4.083% | 0.00% |
| 3 | GEODE CAPITAL MANAGEMENT, LLC | 100K | $5.1M | +3.0% | 2.223% | 0.00% |
| 4 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 75K | $3.9M | +64.7% | 1.679% | 0.00% |
| 5 | STATE STREET CORP | 72K | $3.7M | +3.2% | 1.602% | 0.00% |
| 6 | Elizabeth Park Capital Advisors, Ltd. | 64K | $3.3M | — | 1.423% | 2.51% |
| 7 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 59K | $3.0M | -15.2% | 1.315% | 0.06% |
| 8 | GOLDMAN SACHS GROUP INC | 51K | $2.6M | +32.1% | 1.132% | 0.00% |
| 9 | DIMENSIONAL FUND ADVISORS LP | 49K | $2.5M | 0.0% | 1.100% | 0.00% |
| 10 | AMERICAN CENTURY COMPANIES INC | 49K | $2.5M | +16.0% | 1.087% | 0.00% |
| 11 | MARSHALL WACE, LLP | 43K | $2.2M | +16.2% | 0.957% | 0.00% |
| 12 | MILLENNIUM MANAGEMENT LLC | 42K | $2.1M | — | 0.927% | 0.00% |
| 13 | NORTHERN TRUST CORP | 30K | $1.5M | +4.8% | 0.672% | 0.00% |
| 14 | Nuveen, LLC | 28K | $1.4M | +188.5% | 0.614% | 0.00% |
| 15 | VANGUARD FIDUCIARY TRUST CO | 27K | $1.4M | — | 0.592% | 0.00% |
| 16 | Empowered Funds, LLC | 24K | $1.2M | -30.3% | 0.543% | 0.01% |
| 17 | VANGUARD PORTFOLIO MANAGEMENT LLC | 24K | $1.2M | — | 0.538% | 0.00% |
| 18 | RENAISSANCE TECHNOLOGIES LLC | 24K | $1.2M | -16.0% | 0.536% | 0.00% |
| 19 | CITADEL ADVISORS LLC | 21K | $1.1M | -25.9% | 0.460% | 0.00% |
| 20 | SummerHaven Investment Management, LLC | 20K | $1.0M | -9.7% | 0.437% | 0.62% |
| 21 | Trexquant Investment LP | 18K | $929K | +12.3% | 0.405% | 0.01% |
| 22 | HSBC HOLDINGS PLC | 16K | $806K | — | 0.348% | 0.00% |
| 23 | MORGAN STANLEY | 15K | $776K | -1.4% | 0.338% | 0.00% |
| 24 | FIRST TRUST ADVISORS LP | 15K | $760K | -1.4% | 0.331% | 0.00% |
| 25 | Bank of New York Mellon Corp | 12K | $601K | +7.2% | 0.262% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in FRAF — a direct measure of their conviction.
Filings activity in FRAF during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new FRAF position in Q1 2026
Institutions that fully closed their FRAF position in Q1 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 82 | +7.9% | 27.90% | 159.66 pp | $76M | 85% |
| Q4 2025 | 76 | +12% | 187.56% | +167.37 pp | $512M | +829% |
| Q3 2025 | 68 | +28% | 20.19% | +1.26 pp | $55M | +6.7% |
| Q2 2025 | 53 | +13% | 18.93% | +2.80 pp | $52M | +17% |
| Q1 2025 | 47 | +31% | 16.13% | +3.62 pp | $44M | +29% |
| Q4 2024 | 36 | +9.1% | 12.51% | +0.70 pp | $34M | +5.9% |
| Q3 2024 | 33 | +3.1% | 11.81% | +0.75 pp | $32M | +6.8% |
| Q2 2024 | 32 | — | 11.06% | — | $30M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FRAF stock.
Based on Q1 2026 13F filings, institutional ownership of Franklin Financial Services Corporation stands at 27.9%, held across 82 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of FRAF, with approximately 265,472 shares worth $0.01B as of Q1 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of FRAF, including MILLENNIUM MANAGEMENT LLC, RENAISSANCE TECHNOLOGIES LLC, CITADEL ADVISORS LLC.
Our composite Smart Money Score for FRAF is 54 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
16 institutions opened new positions in FRAF during Q1 2026, while 10 fully exited. 45 added to existing positions and 19 trimmed.
FRAF institutional ownership fell by 159.66 percentage points quarter-over-quarter, with a net change of +6 holders.
The top 10 institutions account for 64.9% of all reported 13F value in FRAF, and the top 25 account for 88.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Franklin Financial Services Corporation (FRAF) Institutional Ownership