Franklin Resources
604 hedge funds and large institutions have $17.5B invested in Franklin Resources in 2014 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 193 increasing their positions, 245 reducing their positions, and 47 closing their positions.
34% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 47
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
2% more funds holding
Funds holding: 595 → 604 (+9)
1.15% more ownership
Funds ownership: 49.61% → 50.76% (+1.1%)
3% more capital invested
Capital invested by funds: $16.9B → $17.5B (+$545M)
21% less repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 245
48% less call options, than puts
Call options by funds: $28.5M | Put options by funds: $54.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$372M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$78.9M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$71.2M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
+$59.5M |
| 5 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$56.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$157M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$68.3M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$63.9M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$44.3M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$35M |
BEN Hedge Fund Activity: Q4 2014 in Review
604 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q4 2014, worth a combined $17.5B — up 3.2% from $16.9B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new BEN positions and 47 closed out — a net gain of 16 holders — while 193 added to existing stakes and 245 trimmed.
The largest buyer was Southeastern Asset Management, adding an estimated $372M. The largest seller was Bessemer Group, cutting an estimated $157M.
- 604 institutional investors held Franklin Resources (BEN) as of Q4 2014, up from 595 in Q3 2014.
- Funds reported $17.5B of Franklin Resources stock for Q4 2014, up 3.2% quarter-over-quarter.
- 63 funds opened new Franklin Resources positions in Q4 2014 and 47 closed out, a net change of +16 holders.
- The largest Franklin Resources buyer in Q4 2014 was Southeastern Asset Management, an estimated $372M added.
- The largest Franklin Resources seller in Q4 2014 was Bessemer Group, an estimated $157M sold.
Based on aggregated 13F filings for Q4 2014.