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Franklin Resources

607 hedge funds and large institutions have $16B invested in Franklin Resources in 2015 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 202 increasing their positions, 249 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 44

0% more funds holding

Funds holding: 604607 (+3)

0.64% less ownership

Funds ownership: 50.76%50.12% (-0.64%)

1% less call options, than puts

Call options by funds: $29.7M | Put options by funds: $30M

8% less capital invested

Capital invested by funds: $17.5B → $16B (-$1.47B)

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

19% less repeat investments, than reductions

Existing positions increased: 202 | Existing positions reduced: 249

Holders
607
Holders Change
+3
Holders Change %
+0.5%
% of All Funds
16.17%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.24%
New
56
Increased
202
Reduced
249
Closed
44
Calls
$29.7M
Puts
$30M
Net Calls
-$344K
Net Calls Change
+$25.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$1.82B -$20.9M -393,634 -1%
Harris Associates
2
Harris Associates
Illinois
$1.57B +$16.6M +313,421 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.31B -$8.03M -151,274 -0.6%
State Street
4
State Street
Massachusetts
$952M -$46.3M -871,557 -4%
HCM
5
Highfields Capital Management
Massachusetts
$783M
BIT
6
BlackRock Institutional Trust
California
$527M +$4.45M +83,931 +0.8%
SAM
7
Southeastern Asset Management
Tennessee
$435M -$14.6M -275,993 -3%
American Century Companies
8
American Century Companies
Missouri
$426M +$42.2M +795,558 +11%
Northern Trust
9
Northern Trust
Illinois
$379M -$18.1M -340,688 -4%
VVP
10
Vulcan Value Partners
Alabama
$370M +$59.6M +1,122,144 +18%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$360M -$21.1M -398,143 -5%
Pzena Investment Management
12
Pzena Investment Management
New York
$248M +$94.7M +1,784,554 +58%
Wells Fargo
13
Wells Fargo
California
$230M -$34.2M -645,294 -13%
BFA
14
BlackRock Fund Advisors
California
$218M -$6.73M -126,719 -3%
Diamond Hill Capital Management
15
Diamond Hill Capital Management
Ohio
$200M +$8.87M +167,080 +4%
Fayez Sarofim & Co
16
Fayez Sarofim & Co
Texas
$157M -$5.8M -109,277 -3%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$152M +$5.89M +111,069 +4%
BG
18
BlackRock Group
United Kingdom
$150M -$4.52M -85,158 -3%
RFC
19
Russell Frank Company
Washington
$121M -$4.79M -90,231 -4%
GFA
20
Gallagher Fiduciary Advisors
Illinois
$115M -$2.22M -41,770 -2%
PTC
21
Provident Trust Company
Wisconsin
$115M -$5.07M -95,595 -4%
Axa
22
Axa
France
$114M +$4.72M +89,030 +4%
WA
23
Wintergreen Advisers
New Jersey
$102M -$20.5M -386,703 -16%
AI
24
Ariel Investments
Illinois
$99.4M +$4.58M +86,233 +5%
Deutsche Bank
25
Deutsche Bank
Germany
$98.3M +$6.24M +117,486 +7%

BEN Hedge Fund Activity: Q1 2015 in Review

607 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q1 2015, worth a combined $16B — down 8.4% from $17.5B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new BEN positions and 44 closed out — a net gain of 12 holders — while 202 added to existing stakes and 249 trimmed.

The largest buyer was Pzena Investment Management, adding an estimated $94.7M. The largest seller was Eminence Capital, exiting entirely with an estimated $88M sold.

  • 607 institutional investors held Franklin Resources (BEN) as of Q1 2015, up from 604 in Q4 2014.
  • Funds reported $16B of Franklin Resources stock for Q1 2015, down 8.4% quarter-over-quarter.
  • 56 funds opened new Franklin Resources positions in Q1 2015 and 44 closed out, a net change of +12 holders.
  • The largest Franklin Resources buyer in Q1 2015 was Pzena Investment Management, an estimated $94.7M added.
  • The largest Franklin Resources seller in Q1 2015 was Eminence Capital, an estimated $88M sold.

Based on aggregated 13F filings for Q1 2015.