FRANKLIN RESOURCES INC BEN
COM · Common Stock · CUSIP 354613101 · ISIN US3546131018
American Asset Management Holding Company
- SectorFinancials
- IndustryInvestment Advice
- HeadquartersSan Mateo, CA
- Founded1947
- Websitefranklintempleton.lu
- 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 ($52.3m this quarter). Holder counts are more reliable. Shares outstanding: 526.1m as of 2024-04-22, 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 ≈ $28.13. Options: 15 managers hold calls ($28.3m notional), 14 hold puts ($15.2m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 528 |
| Q4 2022 | 553 |
| Q1 2023 | 558 |
| Q2 2023 | 535 |
| Q3 2023 | 537 |
| Q4 2023 | 565 |
| Q1 2024 | 595 |
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 | 278 | 231 |
| Q1 2023 | 264 | 253 |
| Q2 2023 | 212 | 287 |
| Q3 2023 | 224 | 245 |
| Q4 2023 | 255 | 251 |
| Q1 2024 | 309 | 232 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $27.0m | $25.8m | 0.95 |
| Q3 2023 | $26.4m | $21.7m | 0.82 |
| Q4 2023 | $20.5m | $17.1m | 0.83 |
| Q1 2024 | $28.3m | $15.2m | 0.54 |
Biggest buyers
| Power Corp of Canada | Added | +31.4m |
| MORGAN STANLEY | Added | +5.3m |
| VANGUARD GROUP INC | Added | +3.6m |
| BlackRock Inc. | Added | +1.8m |
| BANK OF AMERICA CORP /DE/ | Added | +1.6m |
| FIRST TRUST ADVISORS LP | Added | +1.3m |
| BARCLAYS PLC | Added | +1.1m |
| Qube Research & Technologies Ltd | Added | +837.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +833.1k |
| JPMORGAN CHASE & CO | Added | +769.0k |
Biggest sellers
| Capital Research Global Investors | Reduced | -2.6m |
| Amundi | Reduced | -672.4k |
| ProShare Advisors LLC | Reduced | -653.2k |
| Alyeska Investment Group, L.P. | Sold out | -591.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -551.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -457.2k |
| CITADEL ADVISORS LLC | Reduced | -332.6k |
| Allianz Asset Management GmbH | Reduced | -325.1k |
| Daiichi Life Insurance Co., Ltd. | Sold out | -311.8k |
| HRT FINANCIAL LP | Sold out | -295.5k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $7.0m249.7k shares |
| Twin Tree Management, LP | New | $6.9m244.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.8m136.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.8m99.4k shares |
| GROUP ONE TRADING LLC | Added | $2.2m77.2k shares |
| SIMPLEX TRADING, LLC | Added | $1.5m53.3k shares |
| CenterStar Asset Management, LLC | New | $1.5m52.7k shares |
| Walleye Capital LLC | Added | $767.4k27.3k shares |
| WOLVERINE TRADING, LLC | Added | $497.5k17.7k shares |
| IMC-Chicago, LLC | New | $491.9k17.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $3.3m116.1k shares |
| SIMPLEX TRADING, LLC | Added | $3.0m105.3k shares |
| WOLVERINE TRADING, LLC | Added | $2.2m79.2k shares |
| JANE STREET GROUP, LLC | Reduced | $2.1m74.4k shares |
| Walleye Capital LLC | Added | $1.3m46.1k shares |
| CenterStar Asset Management, LLC | New | $820.8k29.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $671.8k23.9k shares |
| TWO SIGMA SECURITIES, LLC | Added | $615.6k21.9k shares |
| Walleye Trading LLC | Reduced | $573.4k20.4k shares |
| IMC-Chicago, LLC | New | $404.8k14.4k 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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: Power Corp of Canada (5.0%, 2026-08-13), BlackRock, Inc. (4.9%, 2026-04-27), VANGUARD GROUP INC (0.0%, 2026-03-26)
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 | 0 | — | 1 | $73.3k | — |
| Q3 2022 | 0 | — | 2 | $2.1m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $917.2k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $1.4m | $144.3k |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 35.9m $1.0bn | Added +3.6m |
| Power Corp of Canada 88.73% of their portfolio | 31.6m $887.1m | Added +31.4m |
| BlackRock Inc. 0.02% of their portfolio | 31.3m $879.3m | Added +1.8m |
| Capital Research Global Investors 0.15% of their portfolio | 24.0m $675.4m | Reduced -2.6m |
| STATE STREET CORP 0.03% of their portfolio | 21.8m $618.1m | Added +247.0k |
| MORGAN STANLEY 0.01% of their portfolio | 13.2m $370.4m | Added +5.3m |
| Invesco Ltd. 0.04% of their portfolio | 7.4m $208.0m | Added +405.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 6.8m $191.6m | Added +566.8k |
| ProShare Advisors LLC 0.48% of their portfolio | 6.4m $180.4m | Reduced -653.2k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 3.9m $108.4m | Reduced -41.8k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 3.5m $99.3m | Added +343.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 3.1m $88.0m | Added +62.1k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 3.1m $86.9m | Added +212.5k |
| Amundi 0.03% of their portfolio | 2.9m $79.9m | Reduced -672.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.7m $74.8m | Added +769.0k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 2.6m $73.9m | Added +1.3m |
| BARCLAYS PLC 0.03% of their portfolio | 2.3m $65.9m | Added +1.1m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.1m $58.5m | Reduced -457.2k |
| NORGES BANK 0.01% of their portfolio | 2.1m $57.7m | Added +390.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.0m $56.4m | Added +128.9k |
| Legal & General Group Plc 0.02% of their portfolio | 2.0m $55.8m | Reduced -42.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.0m $54.9m | Added +1.6m |
| Gallagher Fiduciary Advisors, LLC 1.59% of their portfolio | 1.6m $44.9m | Reduced -69.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.6m $44.6m | Reduced -19.3k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.66% of their portfolio | 1.4m $40.5m | Reduced -50.9k |
| UBS Group AG 0.01% of their portfolio | 1.4m $39.6m | Added +554.6k |
| Vest Financial, LLC 1.04% of their portfolio | 1.4m $39.1m | Added +201.7k |
| NOMURA ASSET MANAGEMENT CO LTD 0.12% of their portfolio | 1.2m $34.0m | Added +10.4k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.12% of their portfolio | 1.2m $34.0m | Reduced -52.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 1.1m $30.6m | Added +251.5k |
| Clarkston Capital Partners, LLC 0.52% of their portfolio | 1.0m $29.4m | Reduced -1.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.0m $28.8m | Added +40.0k |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 2.29% of their portfolio | 1.0m $28.1m | Unchanged |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 905.4k $25.5m | Reduced -12.6k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 895.3k $25.2m | Added +837.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 869.0k $24.4m | Added +833.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 848.3k $23.9m | Added +9.8k |
| KBC Group NV 0.07% of their portfolio | 835.6k $23.5m | Added +296.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 831.1k $23.4m | Reduced -18.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 787.3k $22.1m | Added +542.9k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 782.7k $22.0m | Reduced -325.1k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 771.8k $21.7m | Added +261.3k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 698.6k $19.6m | Added +73.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 618.8k $17.4m | Added +68.6k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 611.8k $17.2m | New |
| Greenwich Wealth Management LLC 1.34% of their portfolio | 599.6k $16.9m | Added +712 |
| FOUNDATION RESOURCE MANAGEMENT INC 2.58% of their portfolio | 584.3k $16.4m | Added +9.0k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 578.5k $16.3m | Added +19.4k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 554.9k $15.6m | Added +441.6k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 554.1k $15.6m | Reduced -153.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 535.3k $15.0m | Added +10.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 523.0k $14.7m | Added +73.2k |
| TUDOR INVESTMENT CORP ET AL 0.18% of their portfolio | 516.2k $14.5m | Added +241.1k |
| MATHER GROUP, LLC. 0.23% of their portfolio | 482.4k $14.4m | Reduced -1.4k |
| CITIGROUP INC 0.01% of their portfolio | 477.9k $13.4m | Added +145.9k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 476.9k $13.4m | Reduced -67.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 471.6k $13.3m | Added +660 |
| AE Wealth Management LLC 0.15% of their portfolio | 468.9k $13.2m | Reduced -103.9k |
| Sound Income Strategies, LLC 0.97% of their portfolio | 460.8k $13.0m | Added +35.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 447.7k $12.6m | Reduced -332.6k |
| Janney Montgomery Scott LLC 0.04% of their portfolio | 442.1k $12.4m | Added +37.9k |
| Meiji Yasuda Asset Management Co Ltd. 0.52% of their portfolio | 432.9k $12.2m | Reduced -45.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio | 432.0k $12.1m | Reduced -4.7k |
| Swiss Life Asset Management Ltd 0.17% of their portfolio | 430.1k $12.1m | Added +398.8k |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 423.6k $11.9m | Reduced -52.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 422.3k $11.9m | Added +177.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 412.9k $11.6m | Added +35.6k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 405.1k $11.4m | Added +63.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 383.7k $10.8m | Added +11.7k |
| Biechele Royce Advisors 3.54% of their portfolio | 379.4k $10.7m | Reduced -17.7k |
| Schonfeld Strategic Advisors LLC 0.08% of their portfolio | 376.5k $10.6m | Added +186.4k |
| MIZUHO MARKETS AMERICAS LLC 0.29% of their portfolio | 374.6k $10.5m | Added +174.1k |
| SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI 0.85% of their portfolio | 362.5k $10.2m | Reduced -4.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 356.7k $10.0m | Added +25.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 347.0k $9.8m | Reduced -9.4k |
| Tidal Investments LLC 0.16% of their portfolio | 335.4k $9.4m | Reduced -187.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 331.7k $9.3m | Added +44.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 328.2k $8.8m | Added +14.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 326.1k $9.2m | Added +312.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 323.2k $9.1m | Added +2.8k |
| Bryn Mawr Trust Advisors, LLC 0.49% of their portfolio | 310.0k $8.7m | Added +19.7k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 294.9k $8.3m | Added +4.3k |
| Prana Capital Management, LP 0.36% of their portfolio | 287.2k $8.1m | New |
| Cetera Investment Advisers 0.02% of their portfolio | 283.0k $8.0m | Added +33.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 281.4k $7.9m | Added +77.7k |
| LBP AM SA 0.31% of their portfolio | 281.2k $7.9m | Added +76.8k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 278.3k $7.8m | Added +88.7k |
| ExodusPoint Capital Management, LP 0.09% of their portfolio | 265.3k $7.5m | Added +135.8k |
| CHATHAM CAPITAL GROUP, INC. 1.25% of their portfolio | 242.9k $6.8m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 242.3k $6.8m | Added +835 |
| Cadence Bank 0.48% of their portfolio | 234.5k $6.6m | Added +670 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 233.8k $6.6m | Reduced -3.4k |
| Andra AP-fonden 0.11% of their portfolio | 229.3k $6.4m | New |
| MARSHALL WACE, LLP 0.01% of their portfolio | 227.7k $6.4m | Reduced -122.1k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.08% of their portfolio | 224.6k $6.3m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 222.7k $6.3m | Reduced -6.3k |
| Sienna Gestion 0.53% of their portfolio | 220.5k $6.2m | First filing |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 219.4k $6.2m | Reduced -112.2k |
| Squarepoint Ops LLC 0.02% of their portfolio | 213.2k $6.0m | Added +12.4k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 211.9k $6.0m | Added +121.2k |