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 ($9.3m this quarter). Holder counts are more reliable. Shares outstanding: 46.1m as of 2024-04-26, 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 ≈ $106.73. Options: 3 managers hold calls ($106.1k notional), 2 hold puts ($96.1k).
Trends to Q1 2024
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 |
| Q4 2023 | 341 |
| Q1 2024 | 341 |
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 |
| Q4 2023 | 131 | 160 |
| Q1 2024 | 145 | 162 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $113.2k | $555.7k | 4.91 |
| Q3 2023 | $677.2k | $633.5k | 0.94 |
| Q4 2023 | $115.3k | $463.9k | 4.02 |
| Q1 2024 | $106.1k | $96.1k | 0.91 |
Biggest buyers
| MORGAN STANLEY | Added | +1.4m |
| Boston Trust Walden Corp | Added | +162.7k |
| JPMORGAN CHASE & CO | Added | +129.6k |
| DEUTSCHE BANK AG\ | Added | +105.5k |
| CITADEL ADVISORS LLC | Added | +84.0k |
| Invesco Ltd. | Added | +78.2k |
| Ziegler Capital Management, LLC | Added | +61.7k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Added | +43.9k |
| BANK OF AMERICA CORP /DE/ | Added | +41.6k |
| Nuveen Asset Management, LLC | Added | +40.7k |
Biggest sellers
| EARNEST PARTNERS LLC | Reduced | -215.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -76.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -74.4k |
| Cerity Partners LLC | Reduced | -66.6k |
| Robeco Schweiz AG | Reduced | -55.9k |
| JANE STREET GROUP, LLC | Reduced | -49.1k |
| Assenagon Asset Management S.A. | Reduced | -44.4k |
| Edgestream Partners, L.P. | Reduced | -41.2k |
| Meiji Yasuda Asset Management Co Ltd. | Sold out | -39.4k |
| STATE STREET CORP | Reduced | -35.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $96.1k900 shares |
| SIMPLEX TRADING, LLC | Reduced | $10.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $96.1k900 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 Q1 2024
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 2 | $903.0k | — |
| Q1 2024 | 0 | — | 2 | $1.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-08 | davis delancey w President, Headwater Companies | Sold | $241.3k2.3k shares |
| 2024-02-26 | SENGSTACK GREGG C Chairperson and CEO | Sold | $1.0m10.4k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 7.4m $789.2m | Added +15.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 4.8m $507.5m | Added +30.4k |
| MORGAN STANLEY 0.01% of their portfolio | 2.7m $293.0m | Added +1.4m |
| STATE STREET CORP 0.01% of their portfolio | 2.2m $239.3m | Reduced -35.7k |
| Allspring Global Investments Holdings, LLC 0.33% of their portfolio | 2.0m $211.0m | Added +14.0k |
| EARNEST PARTNERS LLC 0.75% of their portfolio | 1.5m $162.7m | Reduced -215.9k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.57% of their portfolio | 1.2m $126.5m | Added +17.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.1m $117.0m | Added +22.7k |
| Impax Asset Management Group plc 0.41% of their portfolio | 991.2k $105.9m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 970.1k $103.6m | Added +26.3k |
| Allianz Asset Management GmbH 0.16% of their portfolio | 905.1k $96.7m | Added +24.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 861.6k $92.0m | Added +41.6k |
| Boston Trust Walden Corp 0.51% of their portfolio | 668.0k $71.3m | Added +162.7k |
| Invesco Ltd. 0.01% of their portfolio | 589.1k $62.9m | Added +78.2k |
| NORGES BANK 0.01% of their portfolio | 530.0k $56.6m | Added +26.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 496.2k $53.0m | Reduced -10.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 488.6k $52.2m | Added +18.1k |
| Robeco Schweiz AG 0.78% of their portfolio | 418.8k $44.7m | Reduced -55.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 412.6k $44.1m | Reduced -14.6k |
| FIRST TRUST ADVISORS LP 0.04% of their portfolio | 353.4k $37.7m | Added +17.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 348.4k $37.2m | Added +129.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.32% of their portfolio | 339.8k $36.3m | Added +43.9k |
| KBC Group NV 0.11% of their portfolio | 323.4k $34.5m | Reduced -1.6k |
| Amundi 0.01% of their portfolio | 269.2k $27.1m | Added +2.2k |
| GAMCO INVESTORS, INC. ET AL 0.27% of their portfolio | 253.5k $27.1m | Reduced -2.3k |
| Tributary Capital Management, LLC 1.98% of their portfolio | 226.1k $24.1m | Reduced -3.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 216.7k $23.1m | Added +2.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 208.9k $22.3m | Reduced -951 |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 204.9k $21.9m | Added +105.5k |
| GABELLI FUNDS LLC 0.16% of their portfolio | 201.4k $21.5m | Unchanged |
| Legal & General Group Plc 0.01% of their portfolio | 195.2k $20.9m | Reduced -9.1k |
| DUDLEY & SHANLEY, INC. 3.43% of their portfolio | 190.2k $20.3m | Added +2.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 173.1k $18.5m | Reduced -9.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 163.9k $17.5m | Added +40.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 163.2k $17.4m | Added +3.4k |
| Fenimore Asset Management Inc 0.32% of their portfolio | 143.9k $15.4m | Added +585 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 139.4k $14.9m | Reduced -74.4k |
| UniSuper Management Pty Ltd 0.13% of their portfolio | 122.7k $13.1m | Added +6.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 117.3k $12.5m | Reduced -4.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 114.0k $12.2m | Reduced -76.2k |
| UBS Group AG 0.00% of their portfolio | 107.6k $11.5m | Added +2.4k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 107.2k $11.5m | Added +84.0k |
| MONARCH CAPITAL MANAGEMENT INC 3.15% of their portfolio | 104.6k $11.2m | Reduced -957 |
| Running Oak Capital LLC 1.77% of their portfolio | 103.6k $11.1m | Added +11.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 103.0k $11.0m | Reduced -2.6k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 102.1k $10.7m | Added +1.4k |
| Ziegler Capital Management, LLC 0.39% of their portfolio | 95.2k $10.2m | Added +61.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 89.7k $9.6m | Reduced -717 |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 83.9k $9.0m | Added +20.8k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 83.5k $8.9m | Added +5.6k |
| Public Sector Pension Investment Board 0.06% of their portfolio | 81.3k $8.7m | Reduced -1.0k |
| ProShare Advisors LLC 0.02% of their portfolio | 80.6k $8.6m | Reduced -10.9k |
| CRAWFORD INVESTMENT COUNSEL INC 0.16% of their portfolio | 79.0k $8.4m | Added +685 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.10% of their portfolio | 77.8k $8.3m | Reduced -7.9k |
| Swiss National Bank 0.01% of their portfolio | 77.5k $8.3m | Unchanged |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 76.5k $8.2m | Reduced -44.4k |
| Marks Group Wealth Management, Inc 0.83% of their portfolio | 74.6k $8.0m | Added +41 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 60.4k $6.5m | Reduced -520 |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 59.1k $6.3m | Reduced -10.0k |
| Man Group plc 0.02% of their portfolio | 57.3k $6.1m | Added +37.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 57.1k $6.1m | Added +30 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 55.2k $5.9m | Added +4.7k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 54.1k $5.8m | Reduced -3.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 53.6k $5.7m | Reduced -1.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 50.0k $5.3m | Added +2.3k |
| BARCLAYS PLC 0.00% of their portfolio | 49.1k $5.2m | Reduced -34.0k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 48.6k $5.2m | Added +5.3k |
| FIRST NATIONAL BANK OF OMAHA 0.30% of their portfolio | 47.1k $4.4m | Reduced -11.2k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 45.9k $4.9m | Reduced -1.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 44.4k $4.7m | Reduced -1.6k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 44.1k $4.7m | Reduced -17.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 41.0k $4.4m | Added +12.0k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 39.9k $4.3m | Reduced -764 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 39.9k $4.3m | Reduced -2.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 38.8k $4.1m | Reduced -701 |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 38.7k $4.1m | Reduced -7.1k |
| GHP Investment Advisors, Inc. 0.18% of their portfolio | 34.7k $3.7m | Added +8.0k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio | 34.7k $3.7m | Added +450 |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 34.4k $3.7m | Reduced -934 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 34.4k $3.7m | Reduced -1.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 33.9k $3.6m | Added +21.8k |
| CITIGROUP INC 0.00% of their portfolio | 31.7k $3.4m | Added +2.5k |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 31.7k $3.4m | Reduced -2.2k |
| Moody Aldrich Partners LLC 0.57% of their portfolio | 31.5k $3.4m | Reduced -748 |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 31.0k $3.3m | Reduced -23.4k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 28.6k $3.0m | Unchanged |
| TD Asset Management Inc 0.00% of their portfolio | 28.1k $3.0m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 25.1k $2.7m | Added +255 |
| JOHNSON INVESTMENT COUNSEL INC 0.03% of their portfolio | 25.0k $2.7m | Unchanged |
| AMERICAN CAPITAL MANAGEMENT INC 0.09% of their portfolio | 25.0k $2.7m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 24.8k $2.7m | Added +1.4k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 24.6k $2.6m | Reduced -219 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 24.4k $2.6m | Added +1.7k |
| EULAV Asset Management 0.07% of their portfolio | 24.3k $2.6m | Added +42 |
| State of Alaska, Department of Revenue 0.03% of their portfolio | 24.2k $2.6m | Reduced -239 |
| MARTINGALE ASSET MANAGEMENT L P 0.05% of their portfolio | 23.7k $2.5m | Added +2.2k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 23.6k $2.5m | Reduced -662 |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 23.3k $2.5m | Added +1.7k |
| Illinois Municipal Retirement Fund 0.04% of their portfolio | 22.9k $2.4m | Added +492 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 22.4k $2.0m | Reduced -1.9k |