Franklin Resources
BEN
585 hedge funds and large institutions have $11.2B invested in Franklin Resources in 2015 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 232 increasing their positions, 200 reducing their positions, and 80 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
16% more repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 200
0.24% less ownership
Funds ownership: 49.32% → 49.08% (-0.24%)
3% less funds holding
Funds holding: 605 → 585 (-20)
24% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 80
25% less capital invested
Capital invested by funds: $14.9B → $11.2B (-$3.66B)
38% less call options, than puts
Call options by funds: $93.1M | Put options by funds: $151M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$226M |
| 2 |
Pzena Investment Management
New York
|
+$105M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$100M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$74.2M |
| 5 |
JHC
JFB Holdings Corp
Atlanta,
Georgia
|
+$61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$503M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$259M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$138M |
| 4 |
DAC
Dividend Assets Capital
Ridgeland,
South Carolina
|
-$64.2M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$49.9M |
BEN Hedge Fund Activity: Q3 2015 in Review
585 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q3 2015, worth a combined $11.2B — down 25% from $14.9B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of BEN and 61 opened new positions — a net loss of 19 holders — while 200 trimmed existing stakes and 232 added.
The largest buyer was Vulcan Value Partners, adding an estimated $226M. The largest seller was Harris Associates, cutting an estimated $503M.
- 585 institutional investors held Franklin Resources (BEN) as of Q3 2015, down from 605 in Q2 2015.
- Funds reported $11.2B of Franklin Resources stock for Q3 2015, down 25% quarter-over-quarter.
- 61 funds opened new Franklin Resources positions in Q3 2015 and 80 closed out, a net change of -19 holders.
- The largest Franklin Resources buyer in Q3 2015 was Vulcan Value Partners, an estimated $226M added.
- The largest Franklin Resources seller in Q3 2015 was Harris Associates, an estimated $503M sold.
Based on aggregated 13F filings for Q3 2015.