Franklin Resources
BEN
556 hedge funds and large institutions have $7.37B invested in Franklin Resources in 2018 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 160 increasing their positions, 235 reducing their positions, and 67 closing their positions.
120% more funds holding in top 10
Funds holding in top 10: 5 → 11 (+6)
19% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 67
17% more call options, than puts
Call options by funds: $37M | Put options by funds: $31.7M
1.82% more ownership
Funds ownership: 47.52% → 49.34% (+1.8%)
1% more funds holding
Funds holding: 548 → 556 (+8)
3% less capital invested
Capital invested by funds: $7.6B → $7.37B (-$231M)
32% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 235
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$173M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$112M |
| 3 |
State Street
Boston,
Massachusetts
|
+$44.1M |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$21.4M |
| 5 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$63.2M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$54.4M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$47.4M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$41.7M |
| 5 |
Renaissance Technologies
New York
|
-$36.2M |
BEN Hedge Fund Activity: Q4 2018 in Review
556 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q4 2018, worth a combined $7.37B — down 3% from $7.6B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new BEN positions and 67 closed out — a net gain of 13 holders — while 160 added to existing stakes and 235 trimmed.
The largest buyer was Bank of America, adding an estimated $173M. The largest seller was T. Rowe Price Associates, cutting an estimated $63.2M.
- 556 institutional investors held Franklin Resources (BEN) as of Q4 2018, up from 548 in Q3 2018.
- Funds reported $7.37B of Franklin Resources stock for Q4 2018, down 3% quarter-over-quarter.
- 80 funds opened new Franklin Resources positions in Q4 2018 and 67 closed out, a net change of +13 holders.
- The largest Franklin Resources buyer in Q4 2018 was Bank of America, an estimated $173M added.
- The largest Franklin Resources seller in Q4 2018 was T. Rowe Price Associates, an estimated $63.2M sold.
Based on aggregated 13F filings for Q4 2018.