Franklin Templeton
521 hedge funds and large institutions have $9.39B invested in Franklin Templeton in 2016 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 172 increasing their positions, 211 reducing their positions, and 64 closing their positions.
1.48% less ownership
Funds ownership: 49.58% → 48.1% (-1.5%)
4% less funds holding
Funds holding: 545 → 521 (-24)
18% less capital invested
Capital invested by funds: $11.5B → $9.39B (-$2.08B)
18% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 211
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
30% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 64
32% less call options, than puts
Call options by funds: $107M | Put options by funds: $159M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$179M |
| 2 |
Morgan Stanley
New York
|
+$123M |
| 3 |
Select Equity Group
New York
|
+$46M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$25.3M |
| 5 |
Barclays
London,
United Kingdom
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
-$211M |
| 2 |
Goldman Sachs
New York
|
-$174M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$129M |
| 4 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
-$60.4M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$53.8M |
BEN Hedge Fund Activity: Q2 2016 in Review
521 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Franklin Templeton (BEN) for Q2 2016, worth a combined $9.39B — down 18% from $11.5B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of BEN and 45 opened new positions — a net loss of 19 holders — while 211 trimmed existing stakes and 172 added.
The largest buyer was Highfields Capital Management, adding an estimated $179M. The largest seller was Harris Associates, exiting entirely with an estimated $211M sold.
- 521 institutional investors held Franklin Templeton (BEN) as of Q2 2016, down from 545 in Q1 2016.
- Funds reported $9.39B of Franklin Templeton stock for Q2 2016, down 18% quarter-over-quarter.
- 45 funds opened new Franklin Templeton positions in Q2 2016 and 64 closed out, a net change of -19 holders.
- The largest Franklin Templeton buyer in Q2 2016 was Highfields Capital Management, an estimated $179M added.
- The largest Franklin Templeton seller in Q2 2016 was Harris Associates, an estimated $211M sold.
Based on aggregated 13F filings for Q2 2016.