Beach Investment Counsel’s Franklin Resources BEN Stock Holding History

Beach Investment Counsel’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	-29,130	Closed	-$1.08M	–	168
2015 Q3	$1.08M	Hold	29,130	–	–	0.13%	95
2015 Q2	$1.43M	Sell	29,130 -1,000	-3%	-$51.3K	0.14%	94
2015 Q1	$1.55M	Sell	30,130 -2,360	-7%	-$125K	0.14%	87
2014 Q4	$1.8M	Hold	32,490	–	–	0.15%	84
2014 Q3	$1.77M	Hold	32,490	–	–	0.17%	82
2014 Q2	$1.88M	Hold	32,490	–	–	0.17%	84
2014 Q1	$1.76M	Sell	32,490 -1,589	-5%	-$85.5K	0.16%	80
2013 Q4	$1.97M	Buy	34,079 +650	+2%	+$35K	0.18%	79
2013 Q3	$1.69M	Hold	33,429	–	–	0.18%	79
2013 Q2	$1.52M	Buy	+33,429	New	+$1.7M	0.16%	77

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

Beach Investment Counsel's BEN Position: Q4 2015 in Review

Beach Investment Counsel sold out of Franklin Resources (BEN) in Q4 2015, closing a stake of 29,130 shares — an estimated $1.08M sold.

Beach Investment Counsel first reported a position in BEN in Q2 2013 and held it in 10 quarters. The position peaked at $1.97M in Q4 2013. 559 funds tracked by Wall St. Rank hold BEN as of Q4 2015.

Beach Investment Counsel reported no remaining Franklin Resources position as of Q4 2015 after selling out during the quarter.
Beach Investment Counsel sold 29,130 Franklin Resources shares in Q4 2015, an estimated $1.08M.
Beach Investment Counsel first reported a position in Franklin Resources in Q2 2013 and held it in 10 quarters.
Beach Investment Counsel's Franklin Resources position peaked at $1.97M in Q4 2013.
559 funds tracked by Wall St. Rank held Franklin Resources as of Q4 2015.

Based on Beach Investment Counsel's 13F filing for Q4 2015, filed 4 Feb 2016.