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Franklin Resources

600 hedge funds and large institutions have $18.3B invested in Franklin Resources in 2014 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 198 increasing their positions, 238 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more call options, than puts

Call options by funds: $31.9M | Put options by funds: $20.5M

38% more funds holding in top 10

Funds holding in top 10: 1318 (+5)

33% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 43

2% more funds holding

Funds holding: 589600 (+11)

5% more capital invested

Capital invested by funds: $17.4B → $18.3B (+$864M)

0.66% less ownership

Funds ownership: 50.97%50.31% (-0.66%)

17% less repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 238

Holders
600
Holders Change
+11
Holders Change %
+1.87%
% of All Funds
17.25%
Holding in Top 10
18
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+38.46%
% of All Funds
0.52%
New
57
Increased
198
Reduced
238
Closed
43
Calls
$31.9M
Puts
$20.5M
Net Calls
+$11.5M
Net Calls Change
+$14.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$2.11B +$76.7M +1,401,468 +4%
Harris Associates
2
Harris Associates
Illinois
$1.64B +$62.6M +1,143,603 +4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.44B +$20.9M +381,897 +2%
State Street
4
State Street
Massachusetts
$1.08B +$6.12M +111,841 +0.6%
HCM
5
Highfields Capital Management
Massachusetts
$823M
BIT
6
BlackRock Institutional Trust
California
$599M -$6.56M -119,939 -1%
American Century Companies
7
American Century Companies
Missouri
$457M -$46.9M -857,539 -10%
Northern Trust
8
Northern Trust
Illinois
$456M -$17.5M -320,666 -4%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$428M +$7.52M +137,503 +2%
Wells Fargo
10
Wells Fargo
California
$362M -$25.7M -468,959 -7%
VVP
11
Vulcan Value Partners
Alabama
$239M +$8.61M +157,386 +4%
BFA
12
BlackRock Fund Advisors
California
$222M -$4.02M -73,531 -2%
Norges Bank
13
Norges Bank
Norway
$214M +$7.57M +138,356 +4%
Bessemer Group
14
Bessemer Group
New Jersey
$199M +$37.6K +687 +0%
Diamond Hill Capital Management
15
Diamond Hill Capital Management
Ohio
$194M +$10M +183,530 +6%
Fayez Sarofim & Co
16
Fayez Sarofim & Co
Texas
$191M -$4.09M -74,845 -2%
Pzena Investment Management
17
Pzena Investment Management
New York
$182M +$643K +11,747 +0.4%
BG
18
BlackRock Group
United Kingdom
$169M +$497K +9,085 +0.3%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$167M -$737K -13,467 -0.5%
Goldman Sachs
20
Goldman Sachs
New York
$147M -$32.1M -587,554 -19%
Deutsche Bank
21
Deutsche Bank
Germany
$146M +$44.7M +817,789 +48%
RFC
22
Russell Frank Company
Washington
$144M -$6.44M -117,782 -4%
GFA
23
Gallagher Fiduciary Advisors
Illinois
$139M +$295K +5,398 +0.2%
WA
24
Wintergreen Advisers
New Jersey
$133M -$714K -13,061 -0.6%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$133M -$3.34M -60,983 -3%

BEN Hedge Fund Activity: Q2 2014 in Review

600 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q2 2014, worth a combined $18.3B — up 5% from $17.4B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new BEN positions and 43 closed out — a net gain of 14 holders — while 198 added to existing stakes and 238 trimmed.

The largest buyer was Massachusetts Financial Services, adding an estimated $76.7M. The largest seller was Montag & Caldwell, exiting entirely with an estimated $137M sold.

  • 600 institutional investors held Franklin Resources (BEN) as of Q2 2014, up from 589 in Q1 2014.
  • Funds reported $18.3B of Franklin Resources stock for Q2 2014, up 5% quarter-over-quarter.
  • 57 funds opened new Franklin Resources positions in Q2 2014 and 43 closed out, a net change of +14 holders.
  • The largest Franklin Resources buyer in Q2 2014 was Massachusetts Financial Services, an estimated $76.7M added.
  • The largest Franklin Resources seller in Q2 2014 was Montag & Caldwell, an estimated $137M sold.

Based on aggregated 13F filings for Q2 2014.