Telos Capital Management’s Franklin Resources BEN Stock Holding History

Telos 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 Q2	–	Sell	-28,575	Closed	-$1.47M	–	144
2015 Q1	$1.47M	Buy	28,575 +314	+1%	+$16.7K	0.86%	48
2014 Q4	$1.56M	Sell	28,261 -483	-2%	-$26.7K	0.95%	38
2014 Q3	$1.57M	Buy	28,744 +236	+0.8%	+$13.2K	0.98%	37
2014 Q2	$1.65M	Buy	28,508 +2,171	+8%	+$119K	1.02%	36
2014 Q1	$1.43M	Buy	26,337 +3,156	+14%	+$170K	1%	35
2013 Q4	$1.34M	Sell	23,181 -279	-1%	-$15K	0.98%	35
2013 Q3	$1.19M	Buy	+23,460	New	+$1.13M	0.96%	35

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

Harris Associates Chicago, Illinois $75B AUM 11.27% 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

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

SAM

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

VVP

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

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

Telos Capital Management's BEN Position: Q2 2015 in Review

Telos Capital Management sold out of Franklin Resources (BEN) in Q2 2015, closing a stake of 28,575 shares — an estimated $1.47M sold.

Telos Capital Management first reported a position in BEN in Q3 2013 and held it in 7 quarters. The position peaked at $1.65M in Q2 2014. 605 funds tracked by Wall St. Rank hold BEN as of Q2 2015.

Telos Capital Management reported no remaining Franklin Resources position as of Q2 2015 after selling out during the quarter.
Telos Capital Management sold 28,575 Franklin Resources shares in Q2 2015, an estimated $1.47M.
Telos Capital Management first reported a position in Franklin Resources in Q3 2013 and held it in 7 quarters.
Telos Capital Management's Franklin Resources position peaked at $1.65M in Q2 2014.
605 funds tracked by Wall St. Rank held Franklin Resources as of Q2 2015.

Based on Telos Capital Management's 13F filing for Q2 2015, filed 5 Aug 2015.