BEN
Franklin Resources, Inc. · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth -12.5% ·
share flow +2.6% ·
net new positions -14.3%
· formula
Concentrated accumulation: rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 126.77K | $3.84M | n/a | n/a |
| Q2 2026 | 140 | +2 | 182.31M | $6.07B | +9 | −8 |
| Q1 2026 | 142 | +1 | 190.81M | $4.51B | +8 | −8 |
| Q4 2025 | 140 | +1 | 203.50M | $4.87B | +2 | n/a |
| Q3 2025 | 19 | -2 | 120.93M | $2.80B | +1 | −4 |
| Q2 2025 | 19 | +1 | 110.43M | $2.64B | +1 | n/a |
| Q1 2025 | 15 | +1 | 45.25M | $877.93M | +1 | n/a |
| Q4 2024 | 14 | -2 | 42.90M | $876.94M | n/a | −2 |
| Q3 2024 | 15 | 0 | 19.88M | $400.17M | +1 | −1 |
| Q2 2024 | 15 | n/a | 19.19M | $428.45M | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | State Street Global Advisors ✦ (passive) | 21.93M | n/a | $451.91M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | Geode Capital Management ✦ (passive) | 7.30M | -0.4% | $147.82M | 0.0% | ▼ Trim | 3 | SEC ↗ ×2 |
| 3 | AQR Capital Management ✦ | 3.03M | -13.8% | $61.52M | 0.1% | ▼ Trim | 3 | SEC ↗ ×5 |
| 4 | Two Sigma Investments ✦ | 2.94M | +132.7% | $59.56M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 5 | Norges Bank ✦ (passive) | 2.65M | -4.8% | $53.68M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 6 | Millennium Management ✦ | 1.63M | -12.8% | $33.17M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 7 | Citadel Advisors ✦ | 1.36M | +36.6% | $27.52M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 8 | Renaissance Technologies ✦ | 492.24K | +262.5% | $9.99M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 9 | D. E. Shaw & Co. ✦ | 477.61K | +80.2% | $9.69M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 10 | T. Rowe Price ✦ | 432.62K | +0.6% | $8.78M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 11 | Marshall Wace ✦ | 285.59K | -38.6% | $5.79M | 0.0% | ▼ Trim | 3 | SEC ↗ ×3 |
| 12 | GAMCO Investors ✦ | 146.30K | +109.9% | $2.97M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 13 | Gotham Asset Management ✦ | 123.49K | -1.3% | $2.51M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 14 | Wellington Management ✦ | 100.97K | +240.4% | $2.05M | 0.0% | ▲ Add | 3 | SEC ↗ ×3 |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Arrowstreet Capital | $6.80M | was 0.0% |
| Adage Capital Partners | $5.36M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 601 holders, 285.94M shares, $6.69B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.