Schwartz Investment Counsel’s Franklin Resources BEN Stock Holding History

Schwartz 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
2016 Q1	–	Sell	-10,063	Closed	-$371K	–	134
2015 Q4	$371K	Sell	10,063 -350,500	-97%	-$13.7M	0.03%	131
2015 Q3	$13.4M	Sell	360,563 -58,087	-14%	-$2.51M	1.04%	39
2015 Q2	$20.5M	Hold	418,650	–	–	1.4%	26
2015 Q1	$21.5M	Hold	418,650	–	–	1.43%	28
2014 Q4	$23.2M	Sell	418,650 -50,000	-11%	-$2.76M	1.54%	23
2014 Q3	$25.6M	Hold	468,650	–	–	1.83%	19
2014 Q2	$27.1M	Buy	468,650 +30,000	+7%	+$1.64M	1.92%	15
2014 Q1	$23.8M	Buy	438,650 +60,000	+16%	+$3.23M	1.77%	16
2013 Q4	$21.9M	Buy	378,650 +47,650	+14%	+$2.57M	1.64%	18
2013 Q3	$16.7M	Buy	+331,000	New	+$16M	1.42%	21

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

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

BIT

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

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

ACM

Abrams Capital Management Boston, Massachusetts $4.64B AUM 1.52% 1-Year Est. Return

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

Schwartz Investment Counsel's BEN Position: Q1 2016 in Review

Schwartz Investment Counsel sold out of Franklin Resources (BEN) in Q1 2016, closing a stake of 10,063 shares — an estimated $371K sold.

Schwartz Investment Counsel first reported a position in BEN in Q3 2013 and held it in 10 quarters. The position peaked at $27.1M in Q2 2014. 544 funds tracked by Wall St. Rank hold BEN as of Q1 2016.

Schwartz Investment Counsel reported no remaining Franklin Resources position as of Q1 2016 after selling out during the quarter.
Schwartz Investment Counsel sold 10,063 Franklin Resources shares in Q1 2016, an estimated $371K.
Schwartz Investment Counsel first reported a position in Franklin Resources in Q3 2013 and held it in 10 quarters.
Schwartz Investment Counsel's Franklin Resources position peaked at $27.1M in Q2 2014.
544 funds tracked by Wall St. Rank held Franklin Resources as of Q1 2016.

Based on Schwartz Investment Counsel's 13F filing for Q1 2016, filed 11 May 2016.