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Franklin Resources

548 hedge funds and large institutions have $7.6B invested in Franklin Resources in 2018 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 185 increasing their positions, 216 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.97% more ownership

Funds ownership: 46.55%47.52% (+0.97%)

4% less funds holding

Funds holding: 569548 (-21)

6% less capital invested

Capital invested by funds: $8.04B → $7.6B (-$442M)

14% less repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 216

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

25% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 65

40% less call options, than puts

Call options by funds: $17.7M | Put options by funds: $29.3M

Holders
548
Holders Change
-21
Holders Change %
-3.69%
% of All Funds
12.53%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.11%
New
49
Increased
185
Reduced
216
Closed
65
Calls
$17.7M
Puts
$29.3M
Net Calls
-$11.6M
Net Calls Change
+$774K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$993M +$154M +4,764,162 +17%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$727M +$180M +5,580,203 +30%
BlackRock
3
BlackRock
New York
$684M -$68.4M -2,121,746 -9%
State Street
4
State Street
Massachusetts
$628M +$22.8M +708,701 +4%
ACM
5
Abrams Capital Management
Massachusetts
$302M +$64.4M +2,000,000 +25%
Pzena Investment Management
6
Pzena Investment Management
New York
$273M -$50.6M -1,569,547 -15%
KP
7
Kiltearn Partners
United Kingdom
$246M +$1.63M +50,694 +0.6%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$228M -$111M -3,443,422 -31%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$132M +$30M +932,439 +27%
FMI
10
Fiduciary Management Inc
Wisconsin
$127M +$135M +4,174,495 New
Geode Capital Management
11
Geode Capital Management
Massachusetts
$122M -$14.2M -440,706 -10%
Northern Trust
12
Northern Trust
Illinois
$121M -$4.89M -151,776 -4%
HCM
13
Highfields Capital Management
Massachusetts
$120M -$101M -3,127,631 -44%
Norges Bank
14
Norges Bank
Norway
$113M -$1.77M -55,013 -1%
Schroder Investment Management Group
15
Schroder Investment Management Group
United Kingdom
$108M -$7.26M -225,245 -6%
APG Asset Management
16
APG Asset Management
Netherlands
$87.2M -$1.12M -34,800 -1%
Morgan Stanley
17
Morgan Stanley
New York
$77.5M -$20.9M -648,822 -20%
Deutsche Bank
18
Deutsche Bank
Germany
$73.6M +$19.1M +592,791 +32%
ProShare Advisors
19
ProShare Advisors
Maryland
$67.5M +$5.98M +185,684 +9%
Invesco
20
Invesco
Georgia
$61.9M +$6.13M +190,173 +10%
GFA
21
Gallagher Fiduciary Advisors
Illinois
$60.1M -$2.4M -74,382 -4%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$59.4M +$4.28M +132,697 +7%
Legal & General Group
23
Legal & General Group
United Kingdom
$57.6M +$3.32M +102,937 +6%
Goldman Sachs
24
Goldman Sachs
New York
$56.5M -$19.7M -611,313 -25%
Nordea Investment Management
25
Nordea Investment Management
Sweden
$54.4M -$885K -27,468 -2%

BEN Hedge Fund Activity: Q3 2018 in Review

548 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q3 2018, worth a combined $7.6B — down 5.5% from $8.04B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of BEN and 49 opened new positions — a net loss of 16 holders — while 216 trimmed existing stakes and 185 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $180M. The largest seller was Massachusetts Financial Services, cutting an estimated $111M.

  • 548 institutional investors held Franklin Resources (BEN) as of Q3 2018, down from 569 in Q2 2018.
  • Funds reported $7.6B of Franklin Resources stock for Q3 2018, down 5.5% quarter-over-quarter.
  • 49 funds opened new Franklin Resources positions in Q3 2018 and 65 closed out, a net change of -16 holders.
  • The largest Franklin Resources buyer in Q3 2018 was T. Rowe Price Associates, an estimated $180M added.
  • The largest Franklin Resources seller in Q3 2018 was Massachusetts Financial Services, an estimated $111M sold.

Based on aggregated 13F filings for Q3 2018.