Franklin Resources
578 hedge funds and large institutions have $5.73B invested in Franklin Resources in 2024 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 254 increasing their positions, 165 reducing their positions, and 84 closing their positions.
390% more call options, than puts
Call options by funds: $56.4M | Put options by funds: $11.5M
54% more repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 165
10% less first-time investments, than exits
New positions opened: 76 | Existing positions closed: 84
1.4% less ownership
Funds ownership: 50.04% → 48.64% (-1.4%)
3% less funds holding
Funds holding: 595 → 578 (-17)
23% less capital invested
Capital invested by funds: $7.41B → $5.73B (-$1.68B)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$58.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$42.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$42.1M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$35.1M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$28.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$493M |
| 2 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$44.9M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$40.5M |
| 4 |
State Street
Boston,
Massachusetts
|
-$28.9M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$20.6M |
BEN Hedge Fund Activity: Q2 2024 in Review
578 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q2 2024, worth a combined $5.73B — down 23% from $7.41B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of BEN and 76 opened new positions — a net loss of 8 holders — while 165 trimmed existing stakes and 254 added.
The largest buyer was Goldman Sachs, adding an estimated $58.6M. The largest seller was Capital Research Global Investors, cutting an estimated $493M.
- 578 institutional investors held Franklin Resources (BEN) as of Q2 2024, down from 595 in Q1 2024.
- Funds reported $5.73B of Franklin Resources stock for Q2 2024, down 23% quarter-over-quarter.
- 76 funds opened new Franklin Resources positions in Q2 2024 and 84 closed out, a net change of -8 holders.
- The largest Franklin Resources buyer in Q2 2024 was Goldman Sachs, an estimated $58.6M added.
- The largest Franklin Resources seller in Q2 2024 was Capital Research Global Investors, an estimated $493M sold.
Based on aggregated 13F filings for Q2 2024.