Granite Investment Advisors’s Franklin Resources BEN Stock Holding History

Granite Investment Advisors’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 Q3	–	Sell	-202,104	Closed	-$9.91M	–	123
2015 Q2	$9.91M	Sell	202,104 -7,400	-4%	-$380K	1.73%	19
2015 Q1	$10.8M	Sell	209,504 -1,841	-0.9%	-$97.7K	2.53%	16
2014 Q4	$11.7M	Sell	211,345 -8,190	-4%	-$452K	2.77%	16
2014 Q3	$12M	Sell	219,535 -9,165	-4%	-$513K	2.78%	12
2014 Q2	$13.2M	Sell	228,700 -2,855	-1%	-$156K	2.92%	10
2014 Q1	$12.5M	Buy	231,555 +5,500	+2%	+$296K	2.74%	15
2013 Q4	$13.1M	Sell	226,055 -11,930	-5%	-$643K	2.82%	10
2013 Q3	$12M	Buy	+237,985	New	+$11.5M	2.71%	15

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

HCM

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

VVP

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

Harris Associates Chicago, Illinois $75B AUM 11.27% 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

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

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

Granite Investment Advisors's BEN Position: Q3 2015 in Review

Granite Investment Advisors sold out of Franklin Resources (BEN) in Q3 2015, closing a stake of 202,104 shares — an estimated $9.91M sold.

Granite Investment Advisors first reported a position in BEN in Q3 2013 and held it in 8 quarters. The position peaked at $13.2M in Q2 2014. 585 funds tracked by Wall St. Rank hold BEN as of Q3 2015.

Granite Investment Advisors reported no remaining Franklin Resources position as of Q3 2015 after selling out during the quarter.
Granite Investment Advisors sold 202,104 Franklin Resources shares in Q3 2015, an estimated $9.91M.
Granite Investment Advisors first reported a position in Franklin Resources in Q3 2013 and held it in 8 quarters.
Granite Investment Advisors's Franklin Resources position peaked at $13.2M in Q2 2014.
585 funds tracked by Wall St. Rank held Franklin Resources as of Q3 2015.

Based on Granite Investment Advisors's 13F filing for Q3 2015, filed 29 Oct 2015.