Exchange Capital Management’s Franklin Resources BEN Stock Holding History

Exchange Capital Management’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 Q1	–	Sell	-56,675	Closed	-$3.14M	–	105
2014 Q4	$3.14M	Buy	56,675 +2,760	+5%	+$152K	1.32%	40
2014 Q3	$2.94M	Buy	53,915 +355	+0.7%	+$19.9K	1.28%	46
2014 Q2	$3.1M	Buy	53,560 +105	+0.2%	+$5.74K	1.37%	39
2014 Q1	$2.9M	Buy	53,455 +1,383	+3%	+$74.4K	1.33%	38
2013 Q4	$3.01M	Buy	52,072 +396	+0.8%	+$21.3K	1.46%	38
2013 Q3	$2.61M	Buy	51,676 +1,831	+4%	+$88.4K	1.37%	45
2013 Q2	$2.26M	Buy	+49,845	New	+$2.54M	1.26%	47

Other funds holding BEN

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

Harris Associates Chicago, Illinois $75B AUM 11.27% 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

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

SAM

Southeastern Asset Management Memphis, Tennessee $2.03B AUM 7.06% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

VVP

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

Exchange Capital Management's BEN Position: Q1 2015 in Review

Exchange Capital Management sold out of Franklin Resources (BEN) in Q1 2015, closing a stake of 56,675 shares — an estimated $3.14M sold.

Exchange Capital Management first reported a position in BEN in Q2 2013 and held it in 7 quarters. The position peaked at $3.14M in Q4 2014. 607 funds tracked by Wall St. Rank hold BEN as of Q1 2015.

Exchange Capital Management reported no remaining Franklin Resources position as of Q1 2015 after selling out during the quarter.
Exchange Capital Management sold 56,675 Franklin Resources shares in Q1 2015, an estimated $3.14M.
Exchange Capital Management first reported a position in Franklin Resources in Q2 2013 and held it in 7 quarters.
Exchange Capital Management's Franklin Resources position peaked at $3.14M in Q4 2014.
607 funds tracked by Wall St. Rank held Franklin Resources as of Q1 2015.

Based on Exchange Capital Management's 13F filing for Q1 2015, filed 17 Apr 2015.