FRANKLIN ELEC INC FELE
COM · Common Stock · CUSIP 353514102 · ISIN US3535141028
Manufacturing company
- SectorIndustrials
- IndustryMotors & Generators
- HeadquartersFort Wayne, IN
- Founded1944
- Websitefranklin-electric.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.9m this quarter). Holder counts are more reliable. Shares outstanding: 46.1m as of 2023-10-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $89.24. Options: 4 managers hold calls ($677.2k notional), 3 hold puts ($633.5k).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 280 |
| Q4 2022 | 292 |
| Q1 2023 | 299 |
| Q2 2023 | 318 |
| Q3 2023 | 321 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 127 | 124 |
| Q1 2023 | 130 | 136 |
| Q2 2023 | 155 | 117 |
| Q3 2023 | 134 | 148 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $95.7k | $279.1k | 2.92 |
| Q1 2023 | $160.0k | $301.1k | 1.88 |
| Q2 2023 | $113.2k | $555.7k | 4.91 |
| Q3 2023 | $677.2k | $633.5k | 0.94 |
Biggest buyers
| Allianz Asset Management GmbH | Added | +329.3k |
| Robeco Schweiz AG | Added | +150.7k |
| ENVESTNET ASSET MANAGEMENT INC | Added | +105.5k |
| KBC Group NV | Added | +68.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +42.6k |
| Qube Research & Technologies Ltd | Added | +36.3k |
| Invesco Ltd. | Added | +36.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +35.0k |
| D. E. Shaw & Co., Inc. | Added | +28.5k |
| Boston Trust Walden Corp | Added | +28.4k |
Biggest sellers
| STATE STREET CORP | Reduced | -224.1k |
| BlackRock Inc. | Reduced | -160.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -101.7k |
| COMERICA BANK | Reduced | -92.7k |
| AXA S.A. | Sold out | -48.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Reduced | -45.8k |
| OBERWEIS ASSET MANAGEMENT INC/ | Sold out | -40.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -39.9k |
| EARNEST PARTNERS LLC | Reduced | -38.5k |
| UBS Group AG | Reduced | -33.2k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $508.6k5.7k shares |
| SIMPLEX TRADING, LLC | New | $124.0k1.4k shares |
| PEAK6 Investments LLC | Unchanged | $44.6k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 Investments LLC | Added | $526.5k5.9k shares |
| CITADEL ADVISORS LLC | Added | $107.1k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.1 pts · filed 2025-10-17 | 13.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 3 | $3.1m | — |
| Q1 2022 | 0 | — | 1 | $262.3k | — |
| Q2 2022 | 1 | $140.7k | 1 | $2.2m | — |
| Q3 2022 | 0 | — | 4 | $5.9m | — |
| Q4 2022 | 0 | — | 1 | $84.9k | — |
| Q1 2023 | 0 | — | 4 | $1.5m | — |
| Q2 2023 | 0 | — | 4 | $4.2m | — |
| Q3 2023 | 0 | — | 2 | $1.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-08-30 | davis delancey w President, Headwater Companies | Sold | $58.7k598 shares |
| 2023-08-02 | SENGSTACK GREGG C Chairperson and CEO | Sold | $470.7k4.8k shares |
| 2023-07-31 | SENGSTACK GREGG C Chairperson and CEO | Sold | $689.8k7.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 7.5m $670.8m | Reduced -160.3k |
| VANGUARD GROUP INC 0.01% of their portfolio | 4.7m $415.5m | Added +17.1k |
| STATE STREET CORP 0.01% of their portfolio | 2.2m $198.9m | Reduced -224.1k |
| Allspring Global Investments Holdings, LLC 0.31% of their portfolio | 2.0m $174.5m | Reduced -16.2k |
| EARNEST PARTNERS LLC 0.94% of their portfolio | 1.8m $162.7m | Reduced -38.5k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.53% of their portfolio | 1.2m $102.8m | Reduced -15.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.0m $92.9m | Added +10.0k |
| Impax Asset Management Group plc 0.40% of their portfolio | 991.2k $88.4m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 899.0k $80.2m | Added +42.6k |
| Allianz Asset Management GmbH 0.16% of their portfolio | 885.1k $79.0m | Added +329.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 805.3k $71.9m | Added +19.5k |
| Invesco Ltd. 0.01% of their portfolio | 615.0k $54.9m | Added +36.1k |
| MORGAN STANLEY 0.01% of their portfolio | 589.2k $52.6m | Added +2.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 512.8k $45.8m | Added +3.4k |
| Boston Trust Walden Corp 0.37% of their portfolio | 498.6k $44.5m | Added +28.4k |
| NORGES BANK 0.01% of their portfolio | 494.6k $44.1m | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 462.3k $41.3m | Added +35.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 436.2k $38.9m | Reduced -11.1k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.41% of their portfolio | 405.8k $36.2m | Reduced -45.8k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 376.4k $33.6m | Added +19.1k |
| KBC Group NV 0.14% of their portfolio | 375.6k $33.5m | Added +68.1k |
| Robeco Schweiz AG 0.56% of their portfolio | 370.0k $33.0m | Added +150.7k |
| Amundi 0.01% of their portfolio | 270.9k $23.5m | Added +3.3k |
| GAMCO INVESTORS, INC. ET AL 0.27% of their portfolio | 257.4k $23.0m | Reduced -393 |
| Tributary Capital Management, LLC 1.97% of their portfolio | 233.3k $20.8m | Added +3.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 218.6k $19.5m | Reduced -6.6k |
| Legal & General Group Plc 0.01% of their portfolio | 208.2k $18.6m | Reduced -5.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 208.1k $18.6m | Reduced -39.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 207.9k $18.5m | Added +105.5k |
| GABELLI FUNDS LLC 0.15% of their portfolio | 201.7k $18.0m | Unchanged |
| DUDLEY & SHANLEY, INC. 3.21% of their portfolio | 190.4k $17.0m | Added +150 |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 181.8k $16.2m | Reduced -14.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 165.2k $14.7m | Added +19.2k |
| UniSuper Management Pty Ltd 0.17% of their portfolio | 154.0k $13.7m | Unchanged |
| Assenagon Asset Management S.A. 0.05% of their portfolio | 150.6k $13.4m | Added +21.1k |
| Fenimore Asset Management Inc 0.33% of their portfolio | 142.4k $12.7m | Added +25 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 129.3k $11.5m | Reduced -10.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 125.9k $11.2m | Reduced -13.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 122.5k $10.9m | Reduced -101.7k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 121.5k $10.8m | Reduced -22.3k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 118.1k $10.6m | Reduced -3.6k |
| MONARCH CAPITAL MANAGEMENT INC 3.13% of their portfolio | 109.2k $9.7m | Reduced -375 |
| California Public Employees Retirement System 0.01% of their portfolio | 106.5k $9.5m | Reduced -2.1k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.12% of their portfolio | 101.7k $9.1m | Unchanged |
| Ziegler Capital Management, LLC 0.36% of their portfolio | 100.3k $8.9m | Added +49 |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 90.7k $8.1m | Added +1.7k |
| ProShare Advisors LLC 0.02% of their portfolio | 89.1k $7.9m | Reduced -715 |
| Swiss National Bank 0.01% of their portfolio | 86.4k $7.7m | Added +800 |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 80.5k $7.2m | Reduced -7.4k |
| Running Oak Capital LLC 1.80% of their portfolio | 78.5k $7.0m | Reduced -347 |
| CRAWFORD INVESTMENT COUNSEL INC 0.15% of their portfolio | 78.1k $7.0m | Added +670 |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 76.3k $6.8m | Reduced -2.3k |
| Marks Group Wealth Management, Inc 0.82% of their portfolio | 74.6k $6.7m | Reduced -278 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 70.1k $6.3m | Reduced -12.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 68.5k $6.1m | Added +22.7k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 65.3k $5.8m | Added +9.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 61.1k $5.5m | Reduced -1.1k |
| FIRST NATIONAL BANK OF OMAHA 0.35% of their portfolio | 60.7k $5.4m | Reduced -7.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 60.3k $5.4m | Reduced -3.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 57.6k $5.1m | Added +24.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 57.4k $5.1m | Reduced -14.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 56.8k $5.1m | Reduced -1.0k |
| Cubist Systematic Strategies, LLC 0.06% of their portfolio | 52.6k $4.7m | Added +28.1k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 52.1k $4.6m | Added +36.3k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 52.0k $4.6m | Added +28.5k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 49.2k $4.4m | Reduced -19.7k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 48.4k $4.3m | Reduced -1.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 47.3k $4.2m | Added +3.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 44.9k $4.0m | Reduced -5.0k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 44.5k $4.0m | Added +1.6k |
| Meiji Yasuda Asset Management Co Ltd. 0.16% of their portfolio | 39.1k $3.5m | Reduced -295 |
| SEI INVESTMENTS CO 0.01% of their portfolio | 39.0k $3.5m | Added +3.2k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 38.5k $3.4m | Added +922 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 37.4k $3.3m | Reduced -1.6k |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 37.3k $3.3m | Added +27.3k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 36.4k $3.2m | Reduced -724 |
| Edgestream Partners, L.P. 0.25% of their portfolio | 35.8k $3.2m | Reduced -4.2k |
| Moody Aldrich Partners LLC 0.60% of their portfolio | 35.7k $3.2m | Reduced -12.2k |
| BARCLAYS PLC 0.00% of their portfolio | 35.2k $3.1m | Reduced -16.9k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio | 33.8k $3.0m | Reduced -376 |
| TWINBEECH CAPITAL LP 0.05% of their portfolio | 30.1k $2.7m | Added +25.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 29.0k $2.6m | Added +20.0k |
| TD Asset Management Inc 0.00% of their portfolio | 28.8k $2.6m | Reduced -700 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 27.4k $2.4m | Added +8.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 26.8k $2.4m | Added +13.2k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 26.6k $2.4m | Reduced -17.3k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 26.3k $2.4m | Unchanged |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.04% of their portfolio | 26.0k $2.3m | Reduced -226 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 25.5k $2.3m | Reduced -98 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 25.0k $2.2m | Added +633 |
| JOHNSON INVESTMENT COUNSEL INC 0.03% of their portfolio | 25.0k $2.2m | Unchanged |
| AMERICAN CAPITAL MANAGEMENT INC 0.09% of their portfolio | 25.0k $2.2m | Unchanged |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 24.8k $2.2m | Reduced -760 |
| EULAV Asset Management 0.08% of their portfolio | 24.3k $2.2m | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 24.3k $2.2m | Added +4.6k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 24.3k $2.2m | Unchanged |
| SG Americas Securities, LLC 0.03% of their portfolio | 23.8k $2.1m | Added +21.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 23.7k $2.1m | Added +5.2k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 23.4k $2.1m | Added +734 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 23.4k $2.1m | Reduced -326 |