Franklin Templeton
545 hedge funds and large institutions have $11.5B invested in Franklin Templeton in 2016 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 179 increasing their positions, 231 reducing their positions, and 66 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
5% more capital invested
Capital invested by funds: $10.9B → $11.5B (+$544M)
0.23% more ownership
Funds ownership: 49.35% → 49.58% (+0.23%)
3% less funds holding
Funds holding: 560 → 545 (-15)
18% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 66
23% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 231
28% less call options, than puts
Call options by funds: $168M | Put options by funds: $233M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$94.5M |
| 2 |
Pzena Investment Management
New York
|
+$40.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.1M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$35.9M |
| 5 |
Select Equity Group
New York
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$81.1M |
| 2 |
PTC
Provident Trust Company
Waukesha,
Wisconsin
|
-$77M |
| 3 |
Fayez Sarofim & Co
Houston,
Texas
|
-$61.4M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$54.1M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$44.2M |
BEN Hedge Fund Activity: Q1 2016 in Review
545 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Franklin Templeton (BEN) for Q1 2016, worth a combined $11.5B — up 5% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of BEN and 54 opened new positions — a net loss of 12 holders — while 231 trimmed existing stakes and 179 added.
The largest buyer was Abrams Capital Management, adding an estimated $94.5M. The largest seller was Massachusetts Financial Services, cutting an estimated $81.1M.
- 545 institutional investors held Franklin Templeton (BEN) as of Q1 2016, down from 560 in Q4 2015.
- Funds reported $11.5B of Franklin Templeton stock for Q1 2016, up 5% quarter-over-quarter.
- 54 funds opened new Franklin Templeton positions in Q1 2016 and 66 closed out, a net change of -12 holders.
- The largest Franklin Templeton buyer in Q1 2016 was Abrams Capital Management, an estimated $94.5M added.
- The largest Franklin Templeton seller in Q1 2016 was Massachusetts Financial Services, an estimated $81.1M sold.
Based on aggregated 13F filings for Q1 2016.