Absolute Return Capital’s Franklin Resources BEN Stock Holding History

Absolute Return Capital’s Portfolio BEN Stock Details BEN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-33,025	Closed	-$1.23M	–	43
2015 Q3	$1.23M	Buy	33,025 +9,813	+42%	+$425K	0.08%	270
2015 Q2	$1.14M	Buy	+23,212	New	+$1.19M	0.05%	324
2015 Q1	–	Sell	-20,625	Closed	-$1.14M	–	597
2014 Q4	$1.14M	Sell	20,625 -157,893	-88%	-$8.72M	0.02%	434
2014 Q3	$9.75M	Sell	178,518 -57,470	-24%	-$3.22M	0.14%	196
2014 Q2	$13.7M	Buy	235,988 +78,771	+50%	+$4.31M	0.16%	172
2014 Q1	$8.52M	Buy	157,217 +61,129	+64%	+$3.29M	0.12%	219
2013 Q4	$5.55M	Buy	96,088 +35,016	+57%	+$1.89M	0.06%	324
2013 Q3	$3.09M	Sell	61,072 -119,567	-66%	-$5.77M	0.04%	416
2013 Q2	$8.19M	Buy	+180,639	New	+$9.2M	0.11%	234

Other funds holding BEN

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

VVP

Vulcan Value Partners Birmingham, Alabama $3.77B AUM 9.63% 1-Year Est. Return

HCM

Highfields Capital Management Boston, Massachusetts $68.3M AUM 21.64% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Pzena Investment Management New York $30.8B AUM 11.29% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Diamond Hill Capital Management Columbus, Ohio $16B AUM 4.15% 1-Year Est. Return

Absolute Return Capital's BEN Position: Q4 2015 in Review

Absolute Return Capital sold out of Franklin Resources (BEN) in Q4 2015, closing a stake of 33,025 shares — an estimated $1.23M sold.

Absolute Return Capital first reported a position in BEN in Q2 2013 and held it in 9 quarters. The position peaked at $13.7M in Q2 2014. 559 funds tracked by Wall St. Rank hold BEN as of Q4 2015.

Absolute Return Capital reported no remaining Franklin Resources position as of Q4 2015 after selling out during the quarter.
Absolute Return Capital sold 33,025 Franklin Resources shares in Q4 2015, an estimated $1.23M.
Absolute Return Capital first reported a position in Franklin Resources in Q2 2013 and held it in 9 quarters.
Absolute Return Capital's Franklin Resources position peaked at $13.7M in Q2 2014.
559 funds tracked by Wall St. Rank held Franklin Resources as of Q4 2015.

Based on Absolute Return Capital's 13F filing for Q4 2015.