Tower Bridge Advisors’s Franklin Resources BEN Stock Holding History

Tower Bridge 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 Q4	–	Sell	-9,160	Closed	-$341K	–	204
2015 Q3	$341K	Sell	9,160 -2,355	-20%	-$102K	0.05%	160
2015 Q2	$565K	Sell	11,515 -4,150	-26%	-$213K	0.07%	133
2015 Q1	$804K	Sell	15,665 -56,779	-78%	-$3.01M	0.1%	117
2014 Q4	$4.01M	Sell	72,444 -5,350	-7%	-$296K	0.49%	67
2014 Q3	$4.25M	Sell	77,794 -3,776	-5%	-$211K	0.54%	63
2014 Q2	$4.72M	Buy	81,570 +10,602	+15%	+$580K	0.58%	60
2014 Q1	$3.85M	Buy	70,968 +20,745	+41%	+$1.12M	0.49%	64
2013 Q4	$2.9M	Buy	50,223 +5,475	+12%	+$295K	0.38%	69
2013 Q3	$2.26M	Buy	44,748 +27,018	+152%	+$1.3M	0.32%	76
2013 Q2	$804K	Buy	+17,730	New	+$903K	0.12%	114

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

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

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

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

Diamond Hill Capital Management Columbus, Ohio $16B AUM 4.15% 1-Year Est. Return

Tower Bridge Advisors's BEN Position: Q4 2015 in Review

Tower Bridge Advisors sold out of Franklin Resources (BEN) in Q4 2015, closing a stake of 9,160 shares — an estimated $341K sold.

Tower Bridge Advisors first reported a position in BEN in Q2 2013 and held it in 10 quarters. The position peaked at $4.72M in Q2 2014. 559 funds tracked by Wall St. Rank hold BEN as of Q4 2015.

Tower Bridge Advisors reported no remaining Franklin Resources position as of Q4 2015 after selling out during the quarter.
Tower Bridge Advisors sold 9,160 Franklin Resources shares in Q4 2015, an estimated $341K.
Tower Bridge Advisors first reported a position in Franklin Resources in Q2 2013 and held it in 10 quarters.
Tower Bridge Advisors's Franklin Resources position peaked at $4.72M in Q2 2014.
559 funds tracked by Wall St. Rank held Franklin Resources as of Q4 2015.

Based on Tower Bridge Advisors's 13F filing for Q4 2015, filed 2 Feb 2016.