Franklin Resources
BEN
535 hedge funds and large institutions have $5.45B invested in Franklin Resources in 2023 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 175 increasing their positions, 193 reducing their positions, and 51 closing their positions.
22% more call options, than puts
Call options by funds: $26.4M | Put options by funds: $21.7M
14% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 51
0% more funds holding
Funds holding: 533 → 535 (+2)
9% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 193
2.32% less ownership
Funds ownership: 46.7% → 44.38% (-2.3%)
13% less capital invested
Capital invested by funds: $6.25B → $5.45B (-$801M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$32.3M |
| 2 |
Barclays
London,
United Kingdom
|
+$27.5M |
| 3 |
D.E. Shaw & Co
New York
|
+$18.7M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$16.2M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$282M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$52.3M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$38.4M |
| 4 |
O
Ossiam
Paris,
France
|
-$33.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HT
576
Headlands Technologies
Chicago,
Illinois
| – | -$24.9K | -932 | Closed |
|
577
Twin Tree Management
Dallas,
Texas
| – | -$17.9K | -672 | Closed |
|
|
HS
578
Horan Securities
Cincinnati,
United States
| – | -$13.1K | -490 | Closed |
|
|
VAG
579
VisionPoint Advisory Group
Dallas,
Texas
| – | -$10.6K | -398 | Closed |
|
|
SSG
580
Summit Securities Group
New York
| – | -$10K | -372 | Closed |
|
|
CWM
581
Consultiva Wealth Management
San Juan,
Puerto Rico
| – | -$9.46K | -354 | Closed |
|
|
FBC
582
Fairfield, Bush & Co
Darien,
Connecticut
| – | -$8.23K | -308 | Closed |
|
|
DI
583
Disciplined Investments
Tulsa,
Oklahoma
| – | -$1.84K | -69 | Closed |
|
|
FGAM
584
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1.06K | -27 | Closed |
|
BEN Hedge Fund Activity: Q3 2023 in Review
535 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q3 2023, worth a combined $5.45B — down 13% from $6.25B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new BEN positions and 51 closed out — a net gain of 7 holders — while 175 added to existing stakes and 193 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $32.3M. The largest seller was State Street, cutting an estimated $282M.
- 535 institutional investors held Franklin Resources (BEN) as of Q3 2023, up from 533 in Q2 2023.
- Funds reported $5.45B of Franklin Resources stock for Q3 2023, down 13% quarter-over-quarter.
- 58 funds opened new Franklin Resources positions in Q3 2023 and 51 closed out, a net change of +7 holders.
- The largest Franklin Resources buyer in Q3 2023 was Millennium Management, an estimated $32.3M added.
- The largest Franklin Resources seller in Q3 2023 was State Street, an estimated $282M sold.
Based on aggregated 13F filings for Q3 2023.