Franklin Resources
485 hedge funds and large institutions have $4.74B invested in Franklin Resources in 2020 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 168 increasing their positions, 170 reducing their positions, and 54 closing their positions.
9% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 54
0% more funds holding
Funds holding: 483 → 485 (+2)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
1% less repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 170
1.96% less ownership
Funds ownership: 48.97% → 47.01% (-2%)
7% less capital invested
Capital invested by funds: $5.07B → $4.74B (-$333M)
54% less call options, than puts
Call options by funds: $10.5M | Put options by funds: $22.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
+$23.1M |
| 2 |
GC
Gillson Capital
Chicago,
Illinois
|
+$20.6M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$18.3M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$17.2M |
| 5 |
Two Sigma Investments
New York
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$100M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$64.3M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$46.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$46.1M |
| 5 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$31.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HA
526
H2O AM
London,
United Kingdom
| – | -$19K | -924 | Closed |
|
|
BFIM
527
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$19K | -900 | Closed |
|
|
EIP
528
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$11K | -570 | Closed |
|
|
BC
529
Bartlett & Co
Cincinnati,
Ohio
| – | -$10.1K | -480 | -98% |
|
|
M
530
Mirova
Paris,
France
| – | -$6K | -308 | Closed |
|
|
RFA
531
Reilly Financial Advisors
La Mesa,
California
| – | -$5K | -217 | Closed |
|
|
CFG
532
Citizens Financial Group
Providence,
Rhode Island
| – | -$3K | -161 | Closed |
|
533
Twin Tree Management
Dallas,
Texas
| – | -$2K | -91 | Closed |
|
|
CFB
534
Cullen/Frost Bankers
San Antonio,
Texas
| – | +$483 | +23 | New |
|
BEN Hedge Fund Activity: Q3 2020 in Review
485 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q3 2020, worth a combined $4.74B — down 6.6% from $5.07B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new BEN positions and 54 closed out — a net gain of 5 holders — while 168 added to existing stakes and 170 trimmed.
The largest buyer was Azora Capital LP, adding an estimated $23.1M. The largest seller was State Street, cutting an estimated $100M.
- 485 institutional investors held Franklin Resources (BEN) as of Q3 2020, up from 483 in Q2 2020.
- Funds reported $4.74B of Franklin Resources stock for Q3 2020, down 6.6% quarter-over-quarter.
- 59 funds opened new Franklin Resources positions in Q3 2020 and 54 closed out, a net change of +5 holders.
- The largest Franklin Resources buyer in Q3 2020 was Azora Capital LP, an estimated $23.1M added.
- The largest Franklin Resources seller in Q3 2020 was State Street, an estimated $100M sold.
Based on aggregated 13F filings for Q3 2020.