Franklin Resources’s NATL WESTN LIFE INS CO CL A NWLIA Stock Holding History

Franklin Resources’s Portfolio NWLIA Stock Details NWLIA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-102,500	Closed	-$22.8M	–	1652
2015 Q3	$22.8M	Sell	102,500 -9,145	-8%	-$2.04M	0.01%	806
2015 Q2	$26.7M	Sell	111,645 -8,955	-7%	-$2.14M	0.01%	813
2015 Q1	$30.7M	Sell	120,600 -11,900	-9%	-$3.03M	0.01%	770
2014 Q4	$35.7M	Sell	132,500 -4,784	-3%	-$1.29M	0.02%	715
2014 Q3	$33.9M	Sell	137,284 -1,216	-0.9%	-$300K	0.02%	716
2014 Q2	$34.5M	Hold	138,500	–	–	0.02%	722
2014 Q1	$33.9M	Hold	138,500	–	–	0.02%	716
2013 Q4	$31M	Hold	138,500	–	–	0.02%	691
2013 Q3	$27.9M	Hold	138,500	–	–	0.01%	716
2013 Q2	$26.3M	Buy	+138,500	New	+$26.3M	0.02%	692

Other funds holding NWLIA

BCCM

Blue Clay Capital Management Minneapolis, Minnesota $88.7M AUM 6.88% 1-Year Est. Return

ARM

Adirondack Research & Management Guilderland, New York $82.2M AUM 63.78% 1-Year Est. Return

ACP

Aviance Capital Partners Naples, Florida $854M AUM 25.16% 1-Year Est. Return

Robotti Robert $641M AUM 66.01% 1-Year Est. Return

Franklin Resources's NWLIA Position: Q4 2015 in Review

Franklin Resources sold out of NATL WESTN LIFE INS CO CL A (NWLIA) in Q4 2015, closing a stake of 102,500 shares — an estimated $22.8M sold.

Franklin Resources first reported a position in NWLIA in Q2 2013 and held it in 10 quarters. The position peaked at $35.7M in Q4 2014. 4 funds tracked by Wall St. Rank hold NWLIA as of Q4 2015.

Franklin Resources reported no remaining NATL WESTN LIFE INS CO CL A position as of Q4 2015 after selling out during the quarter.
Franklin Resources sold 102,500 NATL WESTN LIFE INS CO CL A shares in Q4 2015, an estimated $22.8M.
Franklin Resources first reported a position in NATL WESTN LIFE INS CO CL A in Q2 2013 and held it in 10 quarters.
Franklin Resources's NATL WESTN LIFE INS CO CL A position peaked at $35.7M in Q4 2014.
4 funds tracked by Wall St. Rank held NATL WESTN LIFE INS CO CL A as of Q4 2015.

Based on Franklin Resources's 13F filing for Q4 2015, filed 12 Feb 2016.