Franklin Resources
BEN
544 hedge funds and large institutions have $11.3B invested in Franklin Resources in 2016 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 181 increasing their positions, 229 reducing their positions, and 66 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
4% more capital invested
Capital invested by funds: $10.9B → $11.3B (+$417M)
0.83% more ownership
Funds ownership: 49.38% → 50.21% (+0.83%)
3% less funds holding
Funds holding: 559 → 544 (-15)
18% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 66
21% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 229
28% less call options, than puts
Call options by funds: $168M | Put options by funds: $233M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$130M |
| 2 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$94.5M |
| 3 |
Pzena Investment Management
New York
|
+$40.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.1M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$35.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$81.1M |
| 2 |
PTC
Provident Trust Company
Waukesha,
Wisconsin
|
-$77M |
| 3 |
Fayez Sarofim & Co
Houston,
Texas
|
-$61.4M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$54.1M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$44.2M |
BEN Hedge Fund Activity: Q1 2016 in Review
544 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q1 2016, worth a combined $11.3B — up 3.8% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of BEN and 54 opened new positions — a net loss of 12 holders — while 229 trimmed existing stakes and 181 added.
The largest buyer was Royal London Asset Management, adding an estimated $130M. The largest seller was Massachusetts Financial Services, cutting an estimated $81.1M.
- 544 institutional investors held Franklin Resources (BEN) as of Q1 2016, down from 559 in Q4 2015.
- Funds reported $11.3B of Franklin Resources stock for Q1 2016, up 3.8% quarter-over-quarter.
- 54 funds opened new Franklin Resources positions in Q1 2016 and 66 closed out, a net change of -12 holders.
- The largest Franklin Resources buyer in Q1 2016 was Royal London Asset Management, an estimated $130M added.
- The largest Franklin Resources seller in Q1 2016 was Massachusetts Financial Services, an estimated $81.1M sold.
Based on aggregated 13F filings for Q1 2016.