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Franklin Resources

551 hedge funds and large institutions have $10.8B invested in Franklin Resources in 2017 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 165 increasing their positions, 242 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

204% more call options, than puts

Call options by funds: $323M | Put options by funds: $106M

27% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 45

6% more capital invested

Capital invested by funds: $10.2B → $10.8B (+$626M)

0% more funds holding

Funds holding: 549551 (+2)

0.15% more ownership

Funds ownership: 45.22%45.37% (+0.15%)

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

32% less repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 242

Holders
551
Holders Change
+2
Holders Change %
+0.36%
% of All Funds
13.72%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.22%
New
57
Increased
165
Reduced
242
Closed
45
Calls
$323M
Puts
$106M
Net Calls
+$217M
Net Calls Change
+$67.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.13B +$55.5M +1,337,903 +5%
HCM
2
Highfields Capital Management
Massachusetts
$933M +$23.8M +573,492 +3%
BlackRock
3
BlackRock
New York
$890M +$823M +19,839,472 +1,550%
State Street
4
State Street
Massachusetts
$865M -$938K -22,607 -0.1%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$863M -$12.3M -295,899 -1%
Pzena Investment Management
6
Pzena Investment Management
New York
$426M -$9.77M -235,561 -2%
ACM
7
Abrams Capital Management
Massachusetts
$335M
KP
8
Kiltearn Partners
United Kingdom
$256M +$7.01M +169,000 +3%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$225M +$5.03M +121,316 +2%
Northern Trust
10
Northern Trust
Illinois
$191M +$412K +9,933 +0.2%
Select Equity Group
11
Select Equity Group
New York
$188M +$35.9M +864,285 +24%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$162M -$18.1M -436,274 -10%
Diamond Hill Capital Management
13
Diamond Hill Capital Management
Ohio
$161M -$2.7M -64,952 -2%
Morgan Stanley
14
Morgan Stanley
New York
$155M -$15.5M -373,520 -9%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$149M +$4.54M +109,308 +3%
Goldman Sachs
16
Goldman Sachs
New York
$132M -$9.34M -225,186 -7%
SAM
17
Southeastern Asset Management
Tennessee
$101M -$623K -15,003 -0.6%
APG Asset Management
18
APG Asset Management
Netherlands
$94.6M +$6.65M +160,300 +8%
Norges Bank
19
Norges Bank
Norway
$84.4M -$14.8M -356,999 -15%
Legal & General Group
20
Legal & General Group
United Kingdom
$81.6M +$5.11M +123,090 +7%
GFA
21
Gallagher Fiduciary Advisors
Illinois
$81.1M -$1.63M -39,363 -2%
CS
22
Credit Suisse
Switzerland
$72M +$4.98M +120,006 +8%
Invesco
23
Invesco
Georgia
$65.1M +$33.7M +813,123 +111%
American Century Companies
24
American Century Companies
Missouri
$64.6M +$12.9M +311,257 +25%
UBS AM
25
UBS AM
Illinois
$64.5M +$1.45M +34,826 +2%

BEN Hedge Fund Activity: Q1 2017 in Review

551 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q1 2017, worth a combined $10.8B — up 6.2% from $10.2B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new BEN positions and 45 closed out — a net gain of 12 holders — while 165 added to existing stakes and 242 trimmed.

The largest buyer was BlackRock, adding an estimated $823M. The largest seller was Vulcan Value Partners, exiting entirely with an estimated $214M sold.

  • 551 institutional investors held Franklin Resources (BEN) as of Q1 2017, up from 549 in Q4 2016.
  • Funds reported $10.8B of Franklin Resources stock for Q1 2017, up 6.2% quarter-over-quarter.
  • 57 funds opened new Franklin Resources positions in Q1 2017 and 45 closed out, a net change of +12 holders.
  • The largest Franklin Resources buyer in Q1 2017 was BlackRock, an estimated $823M added.
  • The largest Franklin Resources seller in Q1 2017 was Vulcan Value Partners, an estimated $214M sold.

Based on aggregated 13F filings for Q1 2017.