Franklin Resources
BEN
600 hedge funds and large institutions have $18.3B invested in Franklin Resources in 2014 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 198 increasing their positions, 238 reducing their positions, and 43 closing their positions.
56% more call options, than puts
Call options by funds: $31.9M | Put options by funds: $20.5M
38% more funds holding in top 10
Funds holding in top 10: 13 → 18 (+5)
33% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 43
2% more funds holding
Funds holding: 589 → 600 (+11)
5% more capital invested
Capital invested by funds: $17.4B → $18.3B (+$864M)
0.66% less ownership
Funds ownership: 50.97% → 50.31% (-0.66%)
17% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 238
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$76.7M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$62.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$44.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$34M |
| 5 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$29.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Montag & Caldwell
Atlanta,
Georgia
|
-$137M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$120M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$61.2M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$59.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$46.9M |
BEN Hedge Fund Activity: Q2 2014 in Review
600 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q2 2014, worth a combined $18.3B — up 5% from $17.4B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new BEN positions and 43 closed out — a net gain of 14 holders — while 198 added to existing stakes and 238 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $76.7M. The largest seller was Montag & Caldwell, exiting entirely with an estimated $137M sold.
- 600 institutional investors held Franklin Resources (BEN) as of Q2 2014, up from 589 in Q1 2014.
- Funds reported $18.3B of Franklin Resources stock for Q2 2014, up 5% quarter-over-quarter.
- 57 funds opened new Franklin Resources positions in Q2 2014 and 43 closed out, a net change of +14 holders.
- The largest Franklin Resources buyer in Q2 2014 was Massachusetts Financial Services, an estimated $76.7M added.
- The largest Franklin Resources seller in Q2 2014 was Montag & Caldwell, an estimated $137M sold.
Based on aggregated 13F filings for Q2 2014.