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.
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: 569 → 554 (-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: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$95.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$85.9M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$79M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$62.4M |
| 5 |
Millennium Management
New York
|
+$59.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$472M |
| 2 |
State Street
Boston,
Massachusetts
|
-$50.5M |
| 3 |
Select Equity Group
New York
|
-$44M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$33.9M |
| 5 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
-$28.5M |
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.