Franklin Resources

BEN • NYSE

Franklin Resources is a asset management company in the financial services sector on NYSE, led by Gregory E. Johnson, with a market cap of $12.2B. As of Q3 2025, 52% of shares are held by 570 institutional investors, with VANGUARD GROUP INC as the largest holder at 7.17%.

Chairman of the Board and Chief Executive OfficerGregory E. Johnson

Market Cap$12.2B

Asset Management

Financial Services

Employees10.3K

Websitefranklinresources.com

Country

United States of America

Overview

Overview of institutional ownership in BEN as of Q3 2025 with a market cap of $12.0B

All Institutions

Institutions: 570
Value Held: $6.2B
Shares Held: 267.8M
Avg Position: $10.9M
Median Position: $514.4K

Hedge Funds

Hedge Funds: 54
Value Held: $587.0M
Shares Held: 25.4M
Avg Position: $10.9M
Median Position: $2.6M

Ownership Breakdown

Institutional (non-HF)

46.74%

$5.6B

Hedge Funds

4.89%

$587.0M

Retail & Other

48.37%

$5.8B

Based on market cap of $12.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BEN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$861.6M 0.01% of portfolio	7.17% 37.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
P Power Corp of Canada Institution	-	$729.9M 100.00% of portfolio	6.08% 31.6M shares	Q4 2023 Held for 1y 11m	$729.9M
B BlackRock, Inc. Institution	-	$655.7M 0.01% of portfolio	5.46% 28.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$489.7M 0.02% of portfolio	4.02% 20.9M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$232.8M 0.05% of portfolio	1.94% 10.1M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$216.4M 0.03% of portfolio	1.80% 9.4M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
R ROYAL BANK OF CANADA Institution	-	$190.9M 0.04% of portfolio	1.59% 8.3M shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$180.3M 0.01% of portfolio	1.50% 7.8M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
P ProShare Advisors LLC Institution	Michael Lynn Sapir CEO	$158.2M 0.33% of portfolio	1.32% 6.8M shares	≤ Q2 2013 Held for 12y 5m+	$47.8B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$153.9M 0.02% of portfolio	1.28% 6.7M shares	≤ Q2 2013 Held for 12y 5m+	$691.34B

Net Capital Flow

Institutional buying and selling activity for BEN in Q3 2025

Traded: −$266.4M
Buyers: 288
Sellers: 242
Total Bought: +$538.2M
Total Sold: −$804.6M
Avg Position: $9.8M

Biggest Buyers

Institution	Net Bought	Current Position
MORGAN STANLEY RIA/Wealth	+$38.7M +1.7M shares	$143.7M 6.2M shares
WEDGE CAPITAL MANAGEMENT L L P/NC Long Only Manager	+$32.3M +1.4M shares	$32.3M 1.4M shares
NORTHERN TRUST CORP Institution	+$31.7M +1.4M shares	$95.3M 4.1M shares
GOLDMAN SACHS GROUP INC Institution	+$30.8M +1.3M shares	$153.9M 6.7M shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$26.3M +1.1M shares	$33.2M 1.4M shares
C Cubist Systematic Strategies, LLC Institution	+$23.1M +998.1K shares	$23.1M 998.1K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$21.7M +936.1K shares	$34.6M 1.5M shares
P PUBLIC SECTOR PENSION INVESTMENT BOARD Institution	+$16.5M +711.3K shares	$17.9M 775.5K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	+$15.8M +682.6K shares	$15.8M 682.6K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$15.5M +670.4K shares	$20.0M 863.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
E Evergreen Quality Fund GP, Ltd. Institution	−$124.9M −5.2M shares	Sold Off 0 shares
A Amundi Institution	−$66.5M −2.9M shares	$11.2M 484.3K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$64.6M −2.8M shares	$101.4M 4.4M shares
P ProShare Advisors LLC Institution	−$42.5M −1.8M shares	$158.2M 6.8M shares
R ROYAL BANK OF CANADA Institution	−$41.1M −1.8M shares	$190.9M 8.3M shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$34.5M −1.5M shares	$28.9M 1.3M shares
L LPL Financial LLC Institution	−$34.1M −1.5M shares	$11.6M 501.3K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	−$32.0M −1.3M shares	Sold Off 0 shares
STATE STREET CORP Institution	−$30.4M −1.3M shares	$489.7M 20.9M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	−$29.3M −1.2M shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BEN in Q3 2025

New Positions: 29
New Value: $11.0M
Exited Positions: 59
Exited Value: $276.7M

New Positions

Institution	Position Value
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$2.9M 125.0K shares
Jackson Creek Investment Advisors LLC Long Only Manager	$1.3M 57.4K shares
Beacon Pointe Advisors, LLC RIA/Wealth	$1.1M 47.0K shares
Merit Financial Group, LLC RIA/Wealth	$998.3K 43.2K shares
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$821.5K 35.5K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$581.4K 25.1K shares
I iA Global Asset Management Inc. Institution	$521.9K 22.6K shares
WESPAC Advisors, LLC RIA/Wealth	$486.4K 21.0K shares
Foundations Investment Advisors, LLC RIA/Wealth	$408.4K 17.7K shares
Golden State Equity Partners RIA/Wealth	$351.5K 15.2K shares

Exited Positions

Institution	Previous Position
E Evergreen Quality Fund GP, Ltd. Institution	$124.9M 5.2M shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$32.0M 1.3M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	$29.3M 1.2M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$18.9M 793.7K shares
Marshall Wace LLP Institution	$18.8M 788.9K shares
N NATIXIS Institution	$13.9M 584.4K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$12.1M 509.0K shares
SANDLER ONEILL ASSET MANAGEMENT LLC Hedge Fund•Long/Short	$3.2M 133.1K shares
B Bastion Asset Management Inc. Institution	$2.8M 119.3K shares
A AXA Institution	$2.8M 115.4K shares

Options Activity

Institutions with the largest Call and Put options positions in BEN as of Q3 2025

Call Positions: 14
Call Value: $46.6M
Put Positions: 14
Put Value: $27.1M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$15.6M 6.8K contracts
J JANE STREET GROUP, LLC Institution	$13.5M 5.8K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$3.5M 1.5K contracts
P PEAK6 LLC Institution	$3.0M 1.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.9M 1.3K contracts
UBS Group AG Institution	$2.9M 1.2K contracts
W WOLVERINE TRADING, LLC Institution	$1.3M 553.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.1M 464.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$902.1K 390.0 contracts
Walleye Trading LLC RIA/Wealth	$825.7K 357.0 contracts

Put Positions

Institution	Position Value
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$8.1M 3.5K contracts
UBS Group AG Institution	$5.2M 2.2K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.8M 1.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.5M 1.5K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$2.1M 892.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.4M 587.0 contracts
P PEAK6 LLC Institution	$754.0K 326.0 contracts
J JANE STREET GROUP, LLC Institution	$557.4K 241.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$469.5K 203.0 contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$432.5K 1.9 contracts

Most Committed Institutions

Institutions with BEN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
P Power Corp of Canada Institution	-	100.00% $729.9M	6.08% 31.6M shares	Q4 2023 Held for 1y 11m	$729.9M
Kopernik Global Investors, LLC Hedge Fund•Long/Short	Neda Yarich President	5.16% $63.3M	0.53% 2.7M shares	Q3 2024 Held for 1y 2m	$1.2B
K KETTLE HILL CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Afroz Qadeer CEO	3.89% $17.3M	0.14% 747.4K shares	Q4 2024 Held for 11 months	$444.5M
Azora Capital LP Hedge Fund•Long/Short	Ravi (Nmn) Chopra CIO	3.47% $75.0M	0.62% 3.2M shares	Q2 2025 Held for 5 months	$2.2B
Dupree Financial Group, LLC RIA/Wealth	William Martin Ambrose CFO	2.34% $6.0M	0.05% 260.6K shares	Q4 2024 Held for 11 months	$257.5M
F Fire Capital Management LLC RIA/Wealth	Michael Firestone Managing Partner	2.27% $4.0M	0.03% 172.3K shares	Q4 2024 Held for 11 months	$175.6M
FOUNDATION RESOURCE MANAGEMENT INC Long Only Manager	Meredith Humphrey Moll President	1.94% $13.5M	0.11% 585.2K shares	Q2 2018 Held for 7y 5m	$696.0M
Alexander Randolph Advisory, Inc. RIA/Wealth	Gary William Schlaffer Chairman	1.64% $2.0M	0.02% 86.1K shares	Q4 2023 Held for 1y 11m	$121.3M
Kinloch Capital, LLC RIA/Wealth	Peter Carlyle Walls Managing Partner	1.63% $3.7M	0.03% 161.5K shares	Q4 2020 Held for 4y 11m	$228.6M
Altrius Capital Management Inc RIA/Wealth	James Michael Russo CEO	1.42% $5.2M	0.04% 226.3K shares	Q2 2022 Held for 3y 5m	$369.9M

Hedge Fund Spotlight

Discover hedge funds investing in BEN

OCCUDO QUANTITATIVE STRATEGIES LP

Hedge Fund • Market Neutral

Portfolio ManagerRicky Xiaoxiao Shi

Portfolio Value: $821.7M
Positions: 644
Last Reported: Q3 2025

Sector Allocation

Position in Franklin Resources

Market Value: $500.5K
Shares Held: 21.6K
Portfolio Weight: 0.06%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Lam Research LRCX	Semiconductors Technology	$9.4M	1.15%
2 Intuitive Surgical ISRG	Medical - Instruments & Supplies Healthcare	$9.4M	1.15%
3 Costco Wholesale COST	Discount Stores Consumer Defensive	$9.3M	1.14%