Timber Hill’s Franklin Resources BEN Stock Holding History

Timber Hill’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
2017 Q2	–	Sell	-17,347	Closed	-$741K	–	1021
2017 Q1	$731K	Sell	17,347 -44,060	-72%	-$1.83M	0.01%	1260
2016 Q4	$2.43M	Buy	+61,407	New	+$2.3M	0.01%	806
2016 Q3	–	Sell	-47,884	Closed	-$1.69M	–	1989
2016 Q2	$1.6M	Sell	47,884 -10,315	-18%	-$375K	0.01%	1010
2016 Q1	$2.27M	Buy	+58,199	New	+$2.06M	0.01%	857
2015 Q4	–	Sell	-105,805	Closed	-$4.14M	–	2243
2015 Q3	$3.94M	Buy	+105,805	New	+$4.58M	0.02%	661
2014 Q2	–	Sell	-7,085	Closed	-$388K	–	2762
2014 Q1	$384K	Sell	7,085 -40,793	-85%	-$2.2M	﹤0.01%	2209
2013 Q4	$2.76M	Buy	+47,878	New	+$2.58M	0.01%	1143

Other funds holding BEN

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 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

ACM

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

Kiltearn Partners Edinburgh, United Kingdom $372M AUM 18.16% 1-Year Est. Return

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

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

Timber Hill's BEN Position: Q2 2017 in Review

Timber Hill sold out of Franklin Resources (BEN) in Q2 2017, closing a stake of 17,347 shares — an estimated $741K sold.

Timber Hill first reported a position in BEN in Q4 2013 and held it in 7 quarters. The position peaked at $3.94M in Q3 2015. 569 funds tracked by Wall St. Rank hold BEN as of Q2 2017.

Timber Hill reported no remaining Franklin Resources position as of Q2 2017 after selling out during the quarter.
Timber Hill sold 17,347 Franklin Resources shares in Q2 2017, an estimated $741K.
Timber Hill first reported a position in Franklin Resources in Q4 2013 and held it in 7 quarters.
Timber Hill's Franklin Resources position peaked at $3.94M in Q3 2015.
569 funds tracked by Wall St. Rank held Franklin Resources as of Q2 2017.

Based on Timber Hill's 13F filing for Q2 2017, filed 9 Aug 2017.