FRANKLIN FINL SVCS CORP FRAF
COM · Common Stock · CUSIP 353525108
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersChambersburg, PA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.7m this quarter). Holder counts are more reliable. Shares outstanding: 4.5m as of 2026-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $62.60.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 35 |
| Q4 2022 | 34 |
| Q1 2023 | 33 |
| Q2 2023 | 31 |
| Q3 2023 | 29 |
| Q4 2023 | 33 |
| Q1 2024 | 31 |
| Q2 2024 | 32 |
| Q3 2024 | 34 |
| Q4 2024 | 36 |
| Q1 2025 | 47 |
| Q2 2025 | 53 |
| Q3 2025 | 72 |
| Q4 2025 | 77 |
| Q1 2026 | 85 |
| Q2 2026 | 99 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 17 | 8 |
| Q4 2024 | 15 | 9 |
| Q1 2025 | 29 | 12 |
| Q2 2025 | 36 | 19 |
| Q3 2025 | 43 | 21 |
| Q4 2025 | 45 | 22 |
| Q1 2026 | 44 | 30 |
| Q2 2026 | 57 | 23 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $0 | $2.1m | — |
| Q2 2026 | $0 | $0 | — |
Biggest buyers
| LOGAN CAPITAL MANAGEMENT INC | New | +40.5k |
| AMERICAN CENTURY COMPANIES INC | Added | +37.5k |
| BlackRock, Inc. | Added | +27.0k |
| Sageworth Trust Co | New | +26.9k |
| Integrated Quantitative Investments LLC | New | +19.2k |
| Legato Capital Management LLC | New | +13.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +13.0k |
| FMR LLC | Added | +9.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | New | +8.1k |
| TUDOR INVESTMENT CORP ET AL | New | +7.3k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -30.5k |
| CITADEL ADVISORS LLC | Sold out | -20.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -15.8k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -15.7k |
| STIFEL FINANCIAL CORP | Sold out | -9.0k |
| MARSHALL WACE, LLP | Reduced | -6.3k |
| Tidal Investments LLC | Reduced | -4.0k |
| Trexquant Investment LP | Reduced | -1.9k |
| UBS Group AG | Reduced | -1.7k |
| Tower Research Capital LLC (TRC) | Reduced | -637 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2026-01-21 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26), Fourthstone LLC (3.9%, 2026-02-13)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 3 | $32.0k | 0 | — | — |
| Q1 2025 | 3 | $602.1k | 0 | — | — |
| Q2 2025 | 2 | $1.1k | 1 | $38.7k | — |
| Q3 2025 | 1 | $2.0k | 4 | $94.3k | — |
| Q4 2025 | 1 | $1.0k | 1 | $81.1k | — |
| Q1 2026 | 3 | $124.8k | 0 | — | — |
| Q2 2026 | 1 | $2.0k | 1 | $80.8k | — |
| Q3 2026 | 1 | $2.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-26 | Duffey Gregory A Director | Bought | $99316 shares |
| 2026-07-29 | Duffey Gregory A Director | Bought | $1.0k16 shares |
| 2026-05-27 | Duffey Gregory A Director | Bought | $1.0k17 shares |
| 2026-05-26 | Butz Steven D EVP, CCSO | Sold | $80.8k1.4k shares |
| 2026-04-29 | Duffey Gregory A Director | Bought | $99618 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 292.5k $18.3m | Added +27.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 186.4k $11.7m | Added +3.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 112.9k $7.1m | Added +13.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 86.3k $5.4m | Added +37.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 75.4k $4.7m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 71.7k $4.5m | Reduced -249 |
| Elizabeth Park Capital Advisors, Ltd. 2.76% of their portfolio | 63.9k $4.0m | Unchanged |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 62.8k $3.9m | Added +3.7k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 49.4k $3.1m | Added +7 |
| LOGAN CAPITAL MANAGEMENT INC 0.09% of their portfolio | 40.5k $2.5m | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 36.7k $2.3m | Reduced -6.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 35.0k $2.2m | Reduced -15.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 33.7k $2.1m | Added +3.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 29.0k $1.8m | Added +4.8k |
| Nuveen, LLC 0.00% of their portfolio | 27.6k $1.7m | Unchanged |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 26.9k $1.7m | Added +347 |
| Sageworth Trust Co 0.07% of their portfolio | 26.9k $1.7m | New |
| Empowered Funds, LLC 0.01% of their portfolio | 26.2k $1.6m | Added +1.8k |
| SummerHaven Investment Management, LLC 0.66% of their portfolio | 19.6k $1.2m | Unchanged |
| Integrated Quantitative Investments LLC 0.20% of their portfolio | 19.2k $1.2m | New |
| MORGAN STANLEY 0.00% of their portfolio | 16.6k $1.0m | Added +1.4k |
| Trexquant Investment LP 0.01% of their portfolio | 16.3k $1.0m | Reduced -1.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 15.7k $982.7k | Added +824 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 15.6k $981.4k | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 14.1k $884.9k | Added +6.8k |
| Legato Capital Management LLC 0.07% of their portfolio | 13.1k $822.0k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 12.7k $794.3k | Added +927 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 12.4k $778.8k | Added +1.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 12.3k $771.0k | Added +2.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 11.1k $697.9k | Reduced -30.5k |
| FMR LLC 0.00% of their portfolio | 10.0k $625.0k | Added +9.7k |
| RKL Wealth Management LLC 0.05% of their portfolio | 9.2k $578.8k | Added +17 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 8.8k $551.7k | Added +1.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 8.4k $525.8k | Reduced -15.7k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 8.2k $511.2k | Added +691 |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 8.1k $504.8k | New |
| BARCLAYS PLC 0.00% of their portfolio | 7.9k $493.9k | Reduced -307 |
| Curi Capital, LLC 0.01% of their portfolio | 7.8k $487.6k | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 7.7k $484.0k | Reduced -150 |
| Tidal Investments LLC 0.00% of their portfolio | 7.5k $467.0k | Reduced -4.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 7.4k $461.1k | Added +3.3k |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 7.3k $455.1k | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 7.1k $445.1k | Reduced -184 |
| XTX Topco Ltd 0.01% of their portfolio | 6.9k $432.7k | New |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 6.9k $429.9k | Added +427 |
| MANGROVE PARTNERS IM, LLC 0.03% of their portfolio | 6.7k $418.9k | New |
| Stonebridge Financial Group, LLC 0.03% of their portfolio | 5.7k $357.2k | Reduced -280 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 5.2k $326.7k | Added +129 |
| Daytona Street Capital LLC 0.23% of their portfolio | 5.0k $308.9k | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 4.9k $307.1k | Reduced -100 |
| Summit Trail Advisors, LLC 0.00% of their portfolio | 4.7k $293.0k | Unchanged |
| Cutler Capital Management, LLC 0.07% of their portfolio | 4.4k $275.4k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 4.2k $262.5k | Added +1.8k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 4.1k $258.4k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 4.1k $257.6k | Unchanged |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.01% of their portfolio | 4.1k $255.0k | Reduced -169 |
| UBS Group AG 0.00% of their portfolio | 3.9k $246.2k | Reduced -1.7k |
| QRG CAPITAL MANAGEMENT, INC. 0.00% of their portfolio | 3.7k $230.7k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 3.6k $225.2k | Added +2.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 3.6k $225.0k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 3.5k $221.0k | New |
| Godshalk Welsh Capital Management, Inc. 0.12% of their portfolio | 3.5k $219.1k | New |
| truNorth Financial Services, Inc. 0.20% of their portfolio | 3.5k $218.8k | New |
| Farmers & Merchants Trust Co of Chambersburg PA 0.05% of their portfolio | 3.1k $193.0k | Added +1.9k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 2.9k $182.5k | Added +1.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 2.7k $171.1k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 2.6k $164.1k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.1k $134.3k | Added +358 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 2.0k $125.2k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 2.0k $124.1k | Added +1.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 2.0k $123.8k | Reduced -30 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 1.5k $96.2k | Unchanged |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 1.4k $88.0k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 1.0k $65.0k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 562 $35.2k | Reduced -637 |
| Legal & General Group Plc 0.00% of their portfolio | 458 $28.7k | Added +80 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 428 $26.8k | Unchanged |
| BEACON INVESTMENT ADVISORY SERVICES, INC. 0.00% of their portfolio | 400 $25.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 190 $11.9k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 134 $8.4k | Added +30 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 125 $7.8k | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 87 $5.4k | Reduced -52 |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 71 $4.4k | Added +7 |
| Arax Advisory Partners 0.00% of their portfolio | 67 $4.2k | Added +45 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 59 $3.7k | Reduced -168 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 40 $2.5k | New |
| Allworth Financial LP 0.00% of their portfolio | 32 $2.0k | Added +12 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 20 $1.3k | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 17 $1.1k | Added +4 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 16 $1.0k | Added +5 |
| Essential Partners LLC 0.00% of their portfolio | 13 $814 | Reduced -82 |
| IFP Advisors, Inc 0.00% of their portfolio | 12 $751 | Added +6 |
| Quarry LP 0.00% of their portfolio | 10 $626 | New |
| Covestor Ltd 0.00% of their portfolio | 9 $1.0k | Added +6 |
| GAMMA Investing LLC 0.00% of their portfolio | 8 $501 | Unchanged |
| JPL Wealth Management, LLC 0.00% of their portfolio | 3 $188 | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 2 $128 | Unchanged |
| SJS Investment Consulting Inc. 0.00% of their portfolio | 1 $63 | New |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 1 $63 | New |