Franklin Resources
BEN
595 hedge funds and large institutions have $7.41B invested in Franklin Resources in 2024 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 227 increasing their positions, 177 reducing their positions, and 56 closing their positions.
86% more call options, than puts
Call options by funds: $28.3M | Put options by funds: $15.2M
66% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 56
28% more repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 177
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
12% more capital invested
Capital invested by funds: $6.61B → $7.41B (+$798M)
6% more funds holding
Funds holding: 563 → 595 (+32)
5.13% more ownership
Funds ownership: 44.91% → 50.04% (+5.1%)
Top Buyers
| 1 |
PCOC
Power Corp of Canada
Montreal, Quebec,
Canada
|
+$865M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$99M |
| 3 |
BlackRock
New York
|
+$49M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$43.7M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$36.5M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$97.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$72.3M |
| 3 |
Amundi
Paris,
France
|
-$18.5M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
-$18M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$17.6M |
BEN Hedge Fund Activity: Q1 2024 in Review
595 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q1 2024, worth a combined $7.41B — up 12% from $6.61B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new BEN positions and 56 closed out — a net gain of 37 holders — while 227 added to existing stakes and 177 trimmed.
The largest buyer was Power Corp of Canada, adding an estimated $865M. The largest seller was Morgan Stanley, cutting an estimated $97.2M.
- 595 institutional investors held Franklin Resources (BEN) as of Q1 2024, up from 563 in Q4 2023.
- Funds reported $7.41B of Franklin Resources stock for Q1 2024, up 12% quarter-over-quarter.
- 93 funds opened new Franklin Resources positions in Q1 2024 and 56 closed out, a net change of +37 holders.
- The largest Franklin Resources buyer in Q1 2024 was Power Corp of Canada, an estimated $865M added.
- The largest Franklin Resources seller in Q1 2024 was Morgan Stanley, an estimated $97.2M sold.
Based on aggregated 13F filings for Q1 2024.