Virtus Fund Advisers’s Franklin Resources BEN Stock Holding History

Virtus Fund Advisers’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 Q2	–	Sell	-1,312,843	Closed	-$51.5M	–	524
2016 Q1	$51.5M	Sell	1,312,843 -162,393	-11%	-$5.75M	0.46%	84
2015 Q4	$54.6M	Buy	1,475,236 +51,965	+4%	+$2.03M	0.48%	73
2015 Q3	$53.2M	Buy	1,423,271 +192,763	+16%	+$8.35M	0.46%	81
2015 Q2	$60.3M	Sell	1,230,508 -7,445	-0.6%	-$382K	0.45%	83
2015 Q1	$63.5M	Buy	1,237,953 +160,662	+15%	+$8.53M	0.48%	85
2014 Q4	$59.6M	Buy	1,077,291 +13,560	+1%	+$749K	0.44%	85
2014 Q3	$58.1M	Sell	1,063,731 -3,605	-0.3%	-$202K	0.44%	90
2014 Q2	$61.7M	Buy	+1,067,336	New	+$58.4M	0.43%	87

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

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

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Virtus Fund Advisers's BEN Position: Q2 2016 in Review

Virtus Fund Advisers sold out of Franklin Resources (BEN) in Q2 2016, closing a stake of 1,312,843 shares — an estimated $51.5M sold.

Virtus Fund Advisers first reported a position in BEN in Q2 2014 and held it in 8 quarters. The position peaked at $63.5M in Q1 2015. 520 funds tracked by Wall St. Rank hold BEN as of Q2 2016.

Virtus Fund Advisers reported no remaining Franklin Resources position as of Q2 2016 after selling out during the quarter.
Virtus Fund Advisers sold 1,312,843 Franklin Resources shares in Q2 2016, an estimated $51.5M.
Virtus Fund Advisers first reported a position in Franklin Resources in Q2 2014 and held it in 8 quarters.
Virtus Fund Advisers's Franklin Resources position peaked at $63.5M in Q1 2015.
520 funds tracked by Wall St. Rank held Franklin Resources as of Q2 2016.

Based on Virtus Fund Advisers's 13F filing for Q2 2016, filed 5 Aug 2016.