Ranked by reported Q2 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. | 293K | $18.3M | +10.2% | 6.510% | 0.00% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 186K | $11.7M | +1.6% | 4.148% | 0.00% |
| 3 | GEODE CAPITAL MANAGEMENT, LLC | 113K | $7.1M | +13.1% | 2.513% | 0.00% |
| 4 | AMERICAN CENTURY COMPANIES INC | 86K | $5.4M | +76.8% | 1.922% | 0.00% |
| 5 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 75K | $4.7M | 0.0% | 1.679% | 0.00% |
| 6 | STATE STREET CORP | 72K | $4.5M | -0.4% | 1.596% | 0.00% |
| 7 | Elizabeth Park Capital Advisors, Ltd. | 64K | $4.0M | 0.0% | 1.422% | 2.76% |
| 8 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 63K | $3.9M | +6.3% | 1.397% | 0.07% |
| 9 | DIMENSIONAL FUND ADVISORS LP | 49K | $3.1M | +0.0% | 1.099% | 0.00% |
| 10 | LOGAN CAPITAL MANAGEMENT INC | 41K | $2.5M | 0.0% | 0.902% | 0.09% |
| 11 | MARSHALL WACE, LLP | 37K | $2.3M | -14.7% | 0.816% | 0.00% |
| 12 | GOLDMAN SACHS GROUP INC | 35K | $2.2M | -31.1% | 0.780% | 0.00% |
| 13 | NORTHERN TRUST CORP | 34K | $2.1M | +11.7% | 0.750% | 0.00% |
| 14 | VANGUARD PORTFOLIO MANAGEMENT LLC | 29K | $1.8M | +19.7% | 0.644% | 0.00% |
| 15 | Nuveen, LLC | 28K | $1.7M | 0.0% | 0.614% | 0.00% |
| 16 | VANGUARD FIDUCIARY TRUST CO | 27K | $1.7M | +1.3% | 0.600% | 0.00% |
| 17 | Sageworth Trust Co | 27K | $1.7M | — | 0.599% | 0.07% |
| 18 | Empowered Funds, LLC | 26K | $1.6M | +7.4% | 0.583% | 0.01% |
| 19 | SummerHaven Investment Management, LLC | 20K | $1.2M | 0.0% | 0.437% | 0.66% |
| 20 | Integrated Quantitative Investments LLC | 19K | $1.2M | — | 0.427% | 0.20% |
| 21 | MORGAN STANLEY | 17K | $1.0M | +9.3% | 0.369% | 0.00% |
| 22 | Trexquant Investment LP | 16K | $1.0M | -10.3% | 0.363% | 0.01% |
| 23 | FIRST TRUST ADVISORS LP | 16K | $983K | +5.5% | 0.349% | 0.00% |
| 24 | HSBC HOLDINGS PLC | 16K | $981K | 0.0% | 0.348% | 0.00% |
| 25 | AQR CAPITAL MANAGEMENT LLC | 14K | $885K | +91.5% | 0.315% | 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 Q2 2026, grouped by how each filer changed its position.
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 |
|---|---|---|---|---|---|---|
| Q2 2026 | 97 | +14% | 37.37% | +3.17 pp | $105M | +33% |
| Q1 2026 | 85 | +12% | 34.20% | 165.79 pp | $78M | 85% |
| Q4 2025 | 76 | +12% | 199.99% | +172.48 pp | $512M | +829% |
| Q3 2025 | 68 | +28% | 27.51% | 6.32 pp | $55M | +6.7% |
| Q2 2025 | 53 | +13% | 33.83% | +4.95 pp | $52M | +17% |
| Q1 2025 | 47 | +31% | 28.88% | +3.06 pp | $44M | +29% |
| Q4 2024 | 36 | +9.1% | 25.82% | +1.39 pp | $34M | +5.9% |
| Q3 2024 | 33 | — | 24.43% | — | $32M | — |
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 Q2 2026 13F filings, institutional ownership of Franklin Financial Services Corporation stands at 37.4%, held across 97 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of FRAF, with approximately 292,503 shares worth $0.02B as of Q2 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of FRAF.
Our composite Smart Money Score for FRAF is 56 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 Q2 2026, while 4 fully exited. 71 added to existing positions and 8 trimmed.
FRAF institutional ownership rose by 3.17 percentage points quarter-over-quarter, with a net change of +12 holders.
The top 10 institutions account for 62.4% of all reported 13F value in FRAF, and the top 25 account for 83.9%.
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.