Franklin Resources
BEN
559 hedge funds and large institutions have $10.9B invested in Franklin Resources in 2015 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 179 increasing their positions, 242 reducing their positions, and 75 closing their positions.
0.29% more ownership
Funds ownership: 49.08% → 49.38% (+0.29%)
3% less capital invested
Capital invested by funds: $11.2B → $10.9B (-$290M)
4% less funds holding
Funds holding: 585 → 559 (-26)
20% less call options, than puts
Call options by funds: $106M | Put options by funds: $133M
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
25% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 75
26% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 242
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$229M |
| 2 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$206M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$140M |
| 4 |
Morgan Stanley
New York
|
+$113M |
| 5 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$98.4M |
Top Sellers
| 1 |
Harris Associates
Chicago,
Illinois
|
-$277M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$252M |
| 3 |
Two Sigma Investments
New York
|
-$79.2M |
| 4 |
Bank of New York Mellon
New York
|
-$77.4M |
| 5 |
WA
Wintergreen Advisers
Mount Olive,
New Jersey
|
-$57.9M |
BEN Hedge Fund Activity: Q4 2015 in Review
559 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q4 2015, worth a combined $10.9B — down 2.6% from $11.2B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of BEN and 56 opened new positions — a net loss of 19 holders — while 242 trimmed existing stakes and 179 added.
The largest buyer was Goldman Sachs, adding an estimated $229M. The largest seller was Harris Associates, cutting an estimated $277M.
- 559 institutional investors held Franklin Resources (BEN) as of Q4 2015, down from 585 in Q3 2015.
- Funds reported $10.9B of Franklin Resources stock for Q4 2015, down 2.6% quarter-over-quarter.
- 56 funds opened new Franklin Resources positions in Q4 2015 and 75 closed out, a net change of -19 holders.
- The largest Franklin Resources buyer in Q4 2015 was Goldman Sachs, an estimated $229M added.
- The largest Franklin Resources seller in Q4 2015 was Harris Associates, an estimated $277M sold.
Based on aggregated 13F filings for Q4 2015.