Franklin Templeton
589 hedge funds and large institutions have $17.4B invested in Franklin Templeton in 2014 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 219 increasing their positions, 229 reducing their positions, and 47 closing their positions.
0.36% more ownership
Funds ownership: 50.61% → 50.97% (+0.36%)
4% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 229
3% less funds holding
Funds holding: 605 → 589 (-16)
5% less capital invested
Capital invested by funds: $18.4B → $17.4B (-$990M)
11% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 47
11% less call options, than puts
Call options by funds: $24.7M | Put options by funds: $27.7M
35% less funds holding in top 10
Funds holding in top 10: 20 → 13 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$494M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$235M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$99.9M |
| 4 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$81.9M |
| 5 |
Goldman Sachs
New York
|
+$73.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$482M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$259M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$74.7M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$67M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$51.4M |
BEN Hedge Fund Activity: Q1 2014 in Review
589 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Franklin Templeton (BEN) for Q1 2014, worth a combined $17.4B — down 5.4% from $18.4B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of BEN and 42 opened new positions — a net loss of 5 holders — while 229 trimmed existing stakes and 219 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $494M. The largest seller was T. Rowe Price Associates, cutting an estimated $482M.
- 589 institutional investors held Franklin Templeton (BEN) as of Q1 2014, down from 605 in Q4 2013.
- Funds reported $17.4B of Franklin Templeton stock for Q1 2014, down 5.4% quarter-over-quarter.
- 42 funds opened new Franklin Templeton positions in Q1 2014 and 47 closed out, a net change of -5 holders.
- The largest Franklin Templeton buyer in Q1 2014 was Massachusetts Financial Services, an estimated $494M added.
- The largest Franklin Templeton seller in Q1 2014 was T. Rowe Price Associates, an estimated $482M sold.
Based on aggregated 13F filings for Q1 2014.