Franklin Resources
556 hedge funds and large institutions have $6.32B invested in Franklin Resources in 2023 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 196 increasing their positions, 191 reducing their positions, and 63 closing their positions.
19% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 63
3% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 191
2% more capital invested
Capital invested by funds: $6.21B → $6.32B (+$115M)
1% more funds holding
Funds holding: 553 → 556 (+3)
0.44% less ownership
Funds ownership: 47.66% → 47.23% (-0.44%)
18% less call options, than puts
Call options by funds: $33.4M | Put options by funds: $40.7M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$127M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$60.1M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$50.4M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$41.6M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$39.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$177M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$130M |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
-$41.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$21.9M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$20.8M |
BEN Hedge Fund Activity: Q1 2023 in Review
556 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Franklin Resources (BEN) for Q1 2023, worth a combined $6.32B — up 1.9% from $6.21B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new BEN positions and 63 closed out — a net gain of 12 holders — while 196 added to existing stakes and 191 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $127M. The largest seller was State Street, cutting an estimated $177M.
- 556 institutional investors held Franklin Resources (BEN) as of Q1 2023, up from 553 in Q4 2022.
- Funds reported $6.32B of Franklin Resources stock for Q1 2023, up 1.9% quarter-over-quarter.
- 75 funds opened new Franklin Resources positions in Q1 2023 and 63 closed out, a net change of +12 holders.
- The largest Franklin Resources buyer in Q1 2023 was Capital Research Global Investors, an estimated $127M added.
- The largest Franklin Resources seller in Q1 2023 was State Street, an estimated $177M sold.
Based on aggregated 13F filings for Q1 2023.