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Franklin Resources

554 hedge funds and large institutions have $11.2B invested in Franklin Resources in 2017 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 175 increasing their positions, 227 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more call options, than puts

Call options by funds: $122M | Put options by funds: $81.7M

0.15% less ownership

Funds ownership: 45.23%45.08% (-0.15%)

2% less capital invested

Capital invested by funds: $11.4B → $11.2B (-$180M)

3% less funds holding

Funds holding: 569554 (-15)

21% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 52

23% less repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 227

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

Holders
554
Holders Change
-15
Holders Change %
-2.64%
% of All Funds
13.81%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.22%
New
41
Increased
175
Reduced
227
Closed
52
Calls
$122M
Puts
$81.7M
Net Calls
+$40.6M
Net Calls Change
-$22M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.21B -$4.21M -95,971 -0.4%
BlackRock
2
BlackRock
New York
$933M -$18.3M -416,487 -2%
State Street
3
State Street
Massachusetts
$826M -$50.5M -1,152,207 -6%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$801M -$11.2M -256,170 -1%
HCM
5
Highfields Capital Management
Massachusetts
$498M -$472M -10,759,657 -49%
Pzena Investment Management
6
Pzena Investment Management
New York
$460M -$230K -5,258 -0.1%
ACM
7
Abrams Capital Management
Massachusetts
$354M
KP
8
Kiltearn Partners
United Kingdom
$274M +$1.7M +38,900 +0.6%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$218M -$4.04M -92,249 -2%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$217M +$56.5M +1,288,818 +36%
Northern Trust
11
Northern Trust
Illinois
$195M +$5.01M +114,346 +3%
Goldman Sachs
12
Goldman Sachs
New York
$182M +$35M +799,430 +24%
Diamond Hill Capital Management
13
Diamond Hill Capital Management
Ohio
$174M +$6.07M +138,472 +4%
APG Asset Management
14
APG Asset Management
Netherlands
$174M +$62.4M +1,422,900 +57%
Norges Bank
15
Norges Bank
Norway
$157M +$30M +684,758 +24%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$156M -$1.09M -24,795 -0.7%
Ameriprise
17
Ameriprise
Minnesota
$150M +$85.9M +1,959,427 +139%
JP Morgan Chase
18
JP Morgan Chase
New York
$140M +$95.7M +2,184,863 +226%
Morgan Stanley
19
Morgan Stanley
New York
$119M -$5.76M -131,487 -5%
LCM
20
Laurion Capital Management
New York
$91.3M +$79M +1,802,816 +725%
SAM
21
Southeastern Asset Management
Tennessee
$90.3M -$16.1M -366,365 -15%
Legal & General Group
22
Legal & General Group
United Kingdom
$89.7M +$3M +68,385 +4%
AQR Capital Management
23
AQR Capital Management
Connecticut
$85.7M +$12.6M +288,652 +18%
Invesco
24
Invesco
Georgia
$84.2M +$7.01M +159,956 +9%
GFA
25
Gallagher Fiduciary Advisors
Illinois
$83.3M +$265K +6,048 +0.3%

BEN Hedge Fund Activity: Q3 2017 in Review

554 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q3 2017, worth a combined $11.2B — down 1.6% from $11.4B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of BEN and 41 opened new positions — a net loss of 11 holders — while 227 trimmed existing stakes and 175 added.

The largest buyer was JP Morgan Chase, adding an estimated $95.7M. The largest seller was Highfields Capital Management, cutting an estimated $472M.

  • 554 institutional investors held Franklin Resources (BEN) as of Q3 2017, down from 569 in Q2 2017.
  • Funds reported $11.2B of Franklin Resources stock for Q3 2017, down 1.6% quarter-over-quarter.
  • 41 funds opened new Franklin Resources positions in Q3 2017 and 52 closed out, a net change of -11 holders.
  • The largest Franklin Resources buyer in Q3 2017 was JP Morgan Chase, an estimated $95.7M added.
  • The largest Franklin Resources seller in Q3 2017 was Highfields Capital Management, an estimated $472M sold.

Based on aggregated 13F filings for Q3 2017.