Franklin Resources
549 hedge funds and large institutions have $10.2B invested in Franklin Resources in 2016 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 162 increasing their positions, 213 reducing their positions, and 52 closing their positions.
95% more call options, than puts
Call options by funds: $305M | Put options by funds: $156M
79% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 52
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
7% more funds holding
Funds holding: 515 → 549 (+34)
5% more capital invested
Capital invested by funds: $9.68B → $10.2B (+$494M)
2.26% less ownership
Funds ownership: 47.48% → 45.22% (-2.3%)
24% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 213
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$82.4M |
| 2 |
Bank of New York Mellon
New York
|
+$39M |
| 3 |
Renaissance Technologies
New York
|
+$36.4M |
| 4 |
Asset Management One
Tokyo,
Japan
|
+$22.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$329M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$278M |
| 3 |
Morgan Stanley
New York
|
-$149M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$44.4M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$38M |
BEN Hedge Fund Activity: Q4 2016 in Review
549 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q4 2016, worth a combined $10.2B — up 5.1% from $9.68B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new BEN positions and 52 closed out — a net gain of 41 holders — while 162 added to existing stakes and 213 trimmed.
The largest buyer was Highfields Capital Management, adding an estimated $82.4M. The largest seller was Vulcan Value Partners, cutting an estimated $329M.
- 549 institutional investors held Franklin Resources (BEN) as of Q4 2016, up from 515 in Q3 2016.
- Funds reported $10.2B of Franklin Resources stock for Q4 2016, up 5.1% quarter-over-quarter.
- 93 funds opened new Franklin Resources positions in Q4 2016 and 52 closed out, a net change of +41 holders.
- The largest Franklin Resources buyer in Q4 2016 was Highfields Capital Management, an estimated $82.4M added.
- The largest Franklin Resources seller in Q4 2016 was Vulcan Value Partners, an estimated $329M sold.
Based on aggregated 13F filings for Q4 2016.