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Franklin Resources

554 hedge funds and large institutions have $11.2B invested in Franklin Resources in 2017 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 175 increasing their positions, 227 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more call options, than puts

Call options by funds: $122M | Put options by funds: $81.7M

0.15% less ownership

Funds ownership: 45.23%45.08% (-0.15%)

2% less capital invested

Capital invested by funds: $11.4B → $11.2B (-$180M)

3% less funds holding

Funds holding: 569554 (-15)

21% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 52

23% less repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 227

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

Holders
554
Holders Change
-15
Holders Change %
-2.64%
% of All Funds
13.81%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.22%
New
41
Increased
175
Reduced
227
Closed
52
Calls
$122M
Puts
$81.7M
Net Calls
+$40.6M
Net Calls Change
-$22M
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Teachers Retirement System (NYSTRS)
76
New York State Teachers Retirement System (NYSTRS)
New York
$22.5M -$1.65M -37,628 -7%
Citigroup
77
Citigroup
New York
$22.4M +$3.6M +82,169 +20%
State Board of Administration of Florida Retirement System
78
State Board of Administration of Florida Retirement System
Florida
$22.3M -$171K -3,910 -0.8%
BGIM
79
Brandywine Global Investment Management
Pennsylvania
$22M -$779K -17,785 -3%
Adage Capital Partners
80
Adage Capital Partners
Massachusetts
$21.7M -$3.5M -79,900 -14%
USAA
81
United Services Automobile Association
Texas
$20.3M +$2.81M +64,221 +16%
Bank of Montreal
82
Bank of Montreal
Ontario, Canada
$19.1M +$11.2M +255,678 +147%
VOAM
83
Vertex One Asset Management
British Columbia, Canada
$18.3M -$1.27M -29,001 -7%
N
84
Nuveen
North Carolina
$18.2M +$1.22M +27,748 +7%
American Century Companies
85
American Century Companies
Missouri
$17.5M -$12.2M -278,987 -42%
Fayez Sarofim & Co
86
Fayez Sarofim & Co
Texas
$17.1M -$653K -14,910 -4%
Manulife (Manufacturers Life Insurance)
87
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$16.6M -$179K -4,077 -1%
National Pension Service
88
National Pension Service
South Korea
$16.6M +$630K +14,378 +4%
MFP
89
Michael F. Price
$15.5M
Canada Pension Plan Investment Board
90
Canada Pension Plan Investment Board
Ontario, Canada
$15.3M +$11.9M +271,606 +373%
Canada Life
91
Canada Life
Manitoba, Canada
$14.5M +$2.93M +66,833 +26%
SDIC
92
South Dakota Investment Council
South Dakota
$14.2M
PAMU
93
Pictet Asset Management (UK)
United Kingdom
$14M -$1.14M -26,012 -8%
BNP Paribas Financial Markets
94
BNP Paribas Financial Markets
France
$13.4M -$2.96M -67,652 -18%
WF
95
Welch & Forbes
Massachusetts
$13.3M +$1.22M +27,860 +10%
AI
96
Ariel Investments
Illinois
$13.2M -$15.3M -350,121 -54%
Stifel Financial
97
Stifel Financial
Missouri
$13M -$812K -18,522 -6%
CSIC
98
Clifford Swan Investment Counsel
California
$12.9M -$120K -2,729 -0.9%
Chevy Chase Trust
99
Chevy Chase Trust
Maryland
$12.8M -$351K -8,005 -3%
SI
100
Sprott Inc
Ontario, Canada
$12.4M -$635K -14,500 -5%

BEN Hedge Fund Activity: Q3 2017 in Review

554 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q3 2017, worth a combined $11.2B — down 1.6% from $11.4B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of BEN and 41 opened new positions — a net loss of 11 holders — while 227 trimmed existing stakes and 175 added.

The largest buyer was JP Morgan Chase, adding an estimated $95.7M. The largest seller was Highfields Capital Management, cutting an estimated $472M.

  • 554 institutional investors held Franklin Resources (BEN) as of Q3 2017, down from 569 in Q2 2017.
  • Funds reported $11.2B of Franklin Resources stock for Q3 2017, down 1.6% quarter-over-quarter.
  • 41 funds opened new Franklin Resources positions in Q3 2017 and 52 closed out, a net change of -11 holders.
  • The largest Franklin Resources buyer in Q3 2017 was JP Morgan Chase, an estimated $95.7M added.
  • The largest Franklin Resources seller in Q3 2017 was Highfields Capital Management, an estimated $472M sold.

Based on aggregated 13F filings for Q3 2017.