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 ($57.6m this quarter). Holder counts are more reliable. Shares outstanding: 519.6m as of 2026-04-22, 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 ≈ $23.63. Options: 13 managers hold calls ($36.8m notional), 13 hold puts ($21.6m).
Trends to Q1 2026
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 |
| Q2 2024 | 582 |
| Q3 2024 | 558 |
| Q4 2024 | 566 |
| Q1 2025 | 564 |
| Q2 2025 | 568 |
| Q3 2025 | 591 |
| Q4 2025 | 576 |
| Q1 2026 | 611 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 321 | 248 |
| Q3 2024 | 303 | 258 |
| Q4 2024 | 254 | 269 |
| Q1 2025 | 292 | 230 |
| Q2 2025 | 270 | 301 |
| Q3 2025 | 289 | 246 |
| Q4 2025 | 278 | 272 |
| Q1 2026 | 297 | 249 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $43.6m | $32.7m | 0.75 |
| Q3 2025 | $58.8m | $33.1m | 0.56 |
| Q4 2025 | $44.8m | $33.7m | 0.75 |
| Q1 2026 | $36.8m | $21.6m | 0.59 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +5.0m |
| Artemis Investment Management LLP | Added | +4.8m |
| Invesco Ltd. | Added | +3.4m |
| JUPITER ASSET MANAGEMENT LTD | Added | +2.6m |
| Freestone Grove Partners LP | New | +2.1m |
| GOLDMAN SACHS GROUP INC | Added | +1.8m |
| BARCLAYS PLC | Added | +1.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +1.2m |
| Bank of New York Mellon Corp | Added | +847.6k |
| Verition Fund Management LLC | Added | +846.0k |
Biggest sellers
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -1.8m |
| Squarepoint Ops LLC | Reduced | -1.5m |
| HSBC HOLDINGS PLC | Reduced | -1.5m |
| STATE STREET CORP | Reduced | -1.1m |
| TWO SIGMA ADVISERS, LP | Sold out | -988.8k |
| BlackRock, Inc. | Reduced | -944.1k |
| PRUDENTIAL FINANCIAL INC | Reduced | -868.4k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -753.3k |
| Azora Capital LP | Reduced | -696.6k |
| Prana Capital Management, LP | Reduced | -605.5k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $10.4m440.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.5m359.1k shares |
| CITADEL ADVISORS LLC | Added | $5.1m216.0k shares |
| Walleye Capital LLC | Added | $2.8m117.5k shares |
| IMC-Chicago, LLC | Added | $2.7m115.7k shares |
| HSBC HOLDINGS PLC | New | $1.8m77.4k shares |
| GROUP ONE TRADING LLC | Added | $1.4m59.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m48.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $812.5k34.4k shares |
| BANK OF MONTREAL /CAN/ | New | $779.5k33.0k shares |
Biggest puts
| HSBC HOLDINGS PLC | New | $3.1m132.4k shares |
| CITADEL ADVISORS LLC | Reduced | $2.8m118.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.6m110.5k shares |
| JANE STREET GROUP, LLC | Added | $2.5m106.9k shares |
| Walleye Capital LLC | Added | $2.3m98.9k shares |
| Walleye Trading LLC | Reduced | $2.1m88.6k shares |
| IMC-Chicago, LLC | Reduced | $1.6m68.9k shares |
| GROUP ONE TRADING LLC | Reduced | $1.1m47.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.0m44.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.0m43.3k 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 2026
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 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $645.6k | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Power Corp of Canada 100.00% of their portfolio | 31.6m $745.4m | Unchanged |
| BlackRock, Inc. 0.01% of their portfolio | 28.8m $679.5m | Reduced -944.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 20.1m $474.5m | First filing |
| STATE STREET CORP 0.02% of their portfolio | 19.6m $469.6m | Reduced -1.1m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 13.8m $327.0m | First filing |
| Invesco Ltd. 0.03% of their portfolio | 13.6m $320.4m | Added +3.4m |
| CITADEL ADVISORS LLC 0.19% of their portfolio | 11.3m $267.4m | Added +5.0m |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 10.9m $256.5m | Reduced -22.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 7.8m $184.1m | Reduced -259.6k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 7.4m $175.8m | Added +1.8m |
| ProShare Advisors LLC 0.23% of their portfolio | 6.6m $154.9m | Reduced -526.8k |
| Azora Capital LP 7.92% of their portfolio | 5.1m $120.5m | Reduced -696.6k |
| MORGAN STANLEY 0.01% of their portfolio | 4.9m $116.1m | Added +600.3k |
| Artemis Investment Management LLP 1.22% of their portfolio | 4.9m $115.3m | Added +4.8m |
| Bank of New York Mellon Corp 0.02% of their portfolio | 4.6m $108.3m | Added +847.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.7m $86.7m | Reduced -234.5k |
| Kopernik Global Investors, LLC 5.81% of their portfolio | 3.5m $83.2m | Added +153.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.2m $76.3m | Added +64.0k |
| Verition Fund Management LLC 0.69% of their portfolio | 3.0m $71.4m | Added +846.0k |
| BARCLAYS PLC 0.02% of their portfolio | 2.8m $66.5m | Added +1.2m |
| JUPITER ASSET MANAGEMENT LTD 0.34% of their portfolio | 2.7m $63.1m | Added +2.6m |
| Squarepoint Ops LLC 0.13% of their portfolio | 2.6m $61.9m | Reduced -1.5m |
| UBS Group AG 0.01% of their portfolio | 2.4m $57.7m | Added +406.4k |
| Freestone Grove Partners LP 0.37% of their portfolio | 2.1m $50.7m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.1m $48.2m | Added +420.4k |
| Vest Financial, LLC 0.58% of their portfolio | 2.0m $48.0m | Reduced -150.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $46.4m | Added +533.2k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 1.8m $43.5m | Reduced -114.3k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 1.7m $40.9m | First filing |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 1.6m $37.5m | Added +820.1k |
| NOMURA ASSET MANAGEMENT CO LTD 0.09% of their portfolio | 1.5m $35.6m | Reduced -118.0k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 1.4m $34.2m | Reduced -398.9k |
| Gallagher Fiduciary Advisors, LLC 1.29% of their portfolio | 1.4m $33.3m | Reduced -15.9k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 1.3m $31.9m | Added +145.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 1.3m $31.0m | Added +67.0k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.54% of their portfolio | 1.2m $29.5m | Reduced -60.3k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.2m $29.0m | Added +72.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.2m $27.4m | New |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.1m $26.3m | Reduced -129.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.1m $26.9m | Reduced -75.3k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 5.52% of their portfolio | 933.2k $22.0m | Added +542.9k |
| Quantinno Capital Management LP 0.04% of their portfolio | 917.5k $21.7m | Added +127.0k |
| Holocene Advisors, LP 0.05% of their portfolio | 891.0k $21.0m | Added +616.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 886.4k $20.9m | Added +117.8k |
| Nuveen, LLC 0.01% of their portfolio | 881.5k $20.8m | Reduced -94.4k |
| HANCOCK WHITNEY CORP 0.37% of their portfolio | 864.0k $21.0m | Added +41.0k |
| Longaeva Partners L.P. 0.98% of their portfolio | 862.7k $20.4m | Added +300.5k |
| Caisse de depot et placement du Quebec 0.03% of their portfolio | 824.1k $19.5m | Added +592.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 770.3k $18.1m | Reduced -1.5m |
| MARSHALL WACE, LLP 0.02% of their portfolio | 757.0k $17.9m | New |
| Swiss Life Asset Management Ltd 0.09% of their portfolio | 754.0k $17.8m | Added +28.2k |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 675.3k $16.0m | First filing |
| Legal & General Group Plc 0.00% of their portfolio | 613.6k $14.5m | Reduced -445.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 599.7k $14.2m | Reduced -14.7k |
| SEB Asset Management AB 0.06% of their portfolio | 593.5k $14.0m | First filing |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 589.9k $13.9m | Reduced -201.9k |
| FOUNDATION RESOURCE MANAGEMENT INC 1.56% of their portfolio | 585.4k $13.8m | Reduced -4.4k |
| Swiss National Bank 0.01% of their portfolio | 567.6k $13.4m | Added +4.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 566.0k $13.4m | Reduced -19.6k |
| FIRST CITIZENS BANK & TRUST CO 0.28% of their portfolio | 553.1k $13.1m | Added +6.6k |
| Sound Income Strategies, LLC 0.62% of their portfolio | 546.1k $12.9m | Reduced -12.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 521.8k $12.3m | Reduced -22.0k |
| Meiji Yasuda Asset Management Co Ltd. 0.61% of their portfolio | 518.8k $12.3m | Reduced -337.2k |
| Envestnet Portfolio Solutions, Inc. 0.07% of their portfolio | 508.3k $12.0m | Added +2.7k |
| Janney Montgomery Scott LLC 0.03% of their portfolio | 500.9k $11.8m | Reduced -18.3k |
| CITIGROUP INC 0.01% of their portfolio | 490.7k $11.6m | Added +185.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 489.0k $11.6m | Added +42.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio | 472.8k $11.2m | Added +4.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 463.0k $10.9m | Reduced -41.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 439.3k $10.4m | Reduced -5.2k |
| HUNTINGTON NATIONAL BANK 0.06% of their portfolio | 423.4k $10.0m | Added +422.7k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 411.8k $9.7m | Added +249.4k |
| Modern Wealth Management, LLC 0.17% of their portfolio | 411.1k $9.7m | Added +7.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 407.9k $9.6m | Added +56.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 377.7k $9.0m | Reduced -277.2k |
| Cambria Investment Management, L.P. 0.50% of their portfolio | 377.6k $8.9m | Added +15.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 374.4k $8.8m | Added +41.5k |
| LPL Financial LLC 0.00% of their portfolio | 358.1k $8.5m | Reduced -20.9k |
| Jain Global LLC 0.10% of their portfolio | 342.8k $8.1m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 341.4k $8.1m | Reduced -9.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 335.3k $7.9m | Added +64.5k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 321.4k $7.6m | Added +243.2k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 320.6k $7.6m | Reduced -9.2k |
| State of Tennessee, Department of Treasury 0.02% of their portfolio | 313.5k $7.4m | Added +25.1k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 306.9k $7.2m | Added +71.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 299.8k $7.1m | Unchanged |
| Prana Capital Management, LP 0.22% of their portfolio | 299.5k $7.1m | Reduced -605.5k |
| SG Americas Securities, LLC 0.01% of their portfolio | 284.5k $6.7m | Added +13.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 281.7k $6.7m | Added +45.2k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 281.2k $6.6m | Reduced -537.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 281.0k $6.6m | Unchanged |
| Bastion Asset Management Inc. 2.03% of their portfolio | 272.9k $6.7m | Reduced -48.6k |
| Y-Intercept (Hong Kong) Ltd 0.12% of their portfolio | 264.8k $6.3m | New |
| Creative Planning 0.00% of their portfolio | 261.5k $6.2m | Added +71.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 259.8k $6.1m | First filing |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 255.1k $6.0m | Reduced -44.4k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 250.7k $5.9m | Added +148.7k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 248.1k $5.9m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 233.8k $5.5m | Added +42.4k |
| Cresset Asset Management, LLC 0.02% of their portfolio | 232.8k $5.6m | Added +14.1k |