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Franklin Resources

582 hedge funds and large institutions have $8.89B invested in Franklin Resources in 2018 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 182 increasing their positions, 223 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.25% less ownership

Funds ownership: 46.88%46.62% (-0.25%)

5% less funds holding

Funds holding: 611582 (-29)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

18% less repeat investments, than reductions

Existing positions increased: 182 | Existing positions reduced: 223

21% less capital invested

Capital invested by funds: $11.2B → $8.89B (-$2.33B)

26% less call options, than puts

Call options by funds: $14.7M | Put options by funds: $19.8M

26% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 84

Holders
582
Holders Change
-29
Holders Change %
-4.75%
% of All Funds
13.34%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.14%
New
62
Increased
182
Reduced
223
Closed
84
Calls
$14.7M
Puts
$19.8M
Net Calls
-$5.13M
Net Calls Change
-$33.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$934M -$16.4M -402,269 -1%
BlackRock
2
BlackRock
New York
$861M +$106M +2,615,864 +12%
State Street
3
State Street
Massachusetts
$658M +$15.2M +375,040 +2%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$592M -$14.3M -351,784 -2%
Pzena Investment Management
5
Pzena Investment Management
New York
$370M +$10.8M +266,749 +3%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$277M +$174M +4,291,713 +116%
ACM
7
Abrams Capital Management
Massachusetts
$276M
KP
8
Kiltearn Partners
United Kingdom
$248M +$30.9M +759,300 +12%
HCM
9
Highfields Capital Management
Massachusetts
$246M +$1.82M +44,775 +0.6%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$170M +$1.81M +44,486 +0.9%
Goldman Sachs
11
Goldman Sachs
New York
$163M +$413K +10,151 +0.2%
Northern Trust
12
Northern Trust
Illinois
$143M -$5.86M -144,171 -3%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$141M +$13.3M +327,702 +9%
Diamond Hill Capital Management
14
Diamond Hill Capital Management
Ohio
$139M +$5.94M +146,128 +4%
Norges Bank
15
Norges Bank
Norway
$132M +$4.89M +120,249 +3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$122M +$14.8M +365,176 +12%
APG Asset Management
17
APG Asset Management
Netherlands
$111M -$15.8M -388,600 -9%
Schroder Investment Management Group
18
Schroder Investment Management Group
United Kingdom
$101M +$53.2M +1,309,429 +82%
AQR Capital Management
19
AQR Capital Management
Connecticut
$99M -$37.4M -918,842 -24%
JP Morgan Chase
20
JP Morgan Chase
New York
$76M +$48.3M +1,188,556 +118%
GFA
21
Gallagher Fiduciary Advisors
Illinois
$66.7M +$3.97M +97,542 +5%
Legal & General Group
22
Legal & General Group
United Kingdom
$64.3M -$3.18M -78,176 -4%
Ameriprise
23
Ameriprise
Minnesota
$62.3M -$128M -3,151,226 -64%
Nordea Investment Management
24
Nordea Investment Management
Sweden
$60.4M +$1.07M +26,413 +2%
IIM
25
Ivory Investment Management
New York
$57.6M +$67.6M +1,662,258 New

BEN Hedge Fund Activity: Q1 2018 in Review

582 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q1 2018, worth a combined $8.89B — down 21% from $11.2B a quarter earlier.

Sellers outnumbered buyers: 84 funds closed out of BEN and 62 opened new positions — a net loss of 22 holders — while 223 trimmed existing stakes and 182 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $174M. The largest seller was Citadel Advisors, cutting an estimated $158M.

  • 582 institutional investors held Franklin Resources (BEN) as of Q1 2018, down from 611 in Q4 2017.
  • Funds reported $8.89B of Franklin Resources stock for Q1 2018, down 21% quarter-over-quarter.
  • 62 funds opened new Franklin Resources positions in Q1 2018 and 84 closed out, a net change of -22 holders.
  • The largest Franklin Resources buyer in Q1 2018 was T. Rowe Price Associates, an estimated $174M added.
  • The largest Franklin Resources seller in Q1 2018 was Citadel Advisors, an estimated $158M sold.

Based on aggregated 13F filings for Q1 2018.