Who owns Franklin Resources (BEN)
Which tracked institutional funds hold BEN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BEN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on BEN is one-sided between 2026-Q1 and 2026-Q2: 272 added or opened and 76 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BEN’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes BEN more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BEN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 623 tracked filers holding BEN, 327 increased or opened the position and 309 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BEN between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 38
- Woodline Partners LP$58M
- Alyeska Investment Group, L.P.$18M
- Fideuram Asset Management (Ireland) dac$14M
- ARGENT CAPITAL MANAGEMENT LLC$12M
- Erste Asset Management GmbH$11M
- Engineers Gate Manager LP$9M
Full exits 43
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$27M
- KETTLE HILL CAPITAL MANAGEMENT, LLC$22M
- MARSHALL WACE, LLP$18M
- Janney Montgomery Scott LLC$12M
- Jain Global LLC$8M
- NEW YORK STATE TEACHERS RETIREMENT SYSTEM$7M
Largest adds
- BlackRock, Inc.$443M
- VANGUARD CAPITAL MANAGEMENT LLC$195M
- STATE STREET CORP$193M
- VANGUARD PORTFOLIO MANAGEMENT LLC$130M
- Azora Capital LP$109M
- Power Corp of Canada$98M
Largest trims
- CITADEL ADVISORS LLC$237M
- JUPITER ASSET MANAGEMENT LTD$63M
- Squarepoint Ops LLC$51M
- Kopernik Global Investors, LLC$39M
- Freestone Grove Partners LP$18M
- MILLENNIUM MANAGEMENT LLC$9M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 28,910,284 | $962M | 11.5% | 2026-Q2 |
| Power Corp of Canada trimmed | 25,340,031 | $843M | 10.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 20,135,638 | $670M | 8.0% | 2026-Q2 |
| STATE STREET CORP added | 19,733,211 | $663M | 7.9% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 13,735,521 | $457M | 5.5% | 2026-Q2 |
| Invesco Ltd. trimmed | 12,091,225 | $402M | 4.8% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 10,224,825 | $340M | 4.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 7,910,758 | $263M | 3.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 7,256,259 | $241M | 2.9% | 2026-Q2 |
| Azora Capital LP added | 6,908,621 | $230M | 2.7% | 2026-Q2 |
| ProShare Advisors LLC trimmed | 6,022,325 | $200M | 2.4% | 2026-Q2 |
| Artemis Investment Management LLP added | 5,311,209 | $177M | 2.1% | 2026-Q2 |
| MORGAN STANLEY added | 5,011,520 | $167M | 2.0% | 2026-Q2 |
| Bank of New York Mellon Corp added | 4,589,483 | $153M | 1.8% | 2026-Q2 |
| BARCLAYS PLC added | 4,042,708 | $135M | 1.6% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 3,545,296 | $118M | 1.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 3,242,005 | $108M | 1.3% | 2026-Q2 |
| Verition Fund Management LLC trimmed | 2,980,343 | $99M | 1.2% | 2026-Q2 |
| NORGES BANK added | 2,956,401 | $98M | 1.2% | 2026-Q2 |
| UBS Group AG trimmed | 2,412,123 | $80M | 1.0% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 2,249,669 | $75M | 0.9% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 2,132,804 | $71M | 0.8% | 2026-Q2 |
| FIL Ltd added | 1,869,344 | $62M | 0.7% | 2026-Q2 |
| Vest Financial, LLC trimmed | 1,782,616 | $59M | 0.7% | 2026-Q2 |
| Holocene Advisors, LP added | 1,763,754 | $59M | 0.7% | 2026-Q2 |
| Woodline Partners LP added | 1,748,706 | $58M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 1,721,690 | $57M | 0.7% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 1,703,268 | $57M | 0.7% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 1,479,753 | $49M | 0.6% | 2026-Q2 |
| Gallagher Fiduciary Advisors, LLC trimmed | 1,379,739 | $46M | 0.5% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT CO LTD trimmed | 1,374,350 | $46M | 0.5% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 1,343,051 | $45M | 0.5% | 2026-Q2 |
| Kopernik Global Investors, LLC trimmed | 1,320,571 | $44M | 0.5% | 2026-Q2 |
| Allianz Asset Management GmbH trimmed | 1,302,665 | $43M | 0.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,300,135 | $43M | 0.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 1,292,036 | $43M | 0.5% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,252,063 | $42M | 0.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,234,381 | $41M | 0.5% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,219,100 | $41M | 0.5% | 2026-Q2 |
| Quantinno Capital Management LP added | 1,160,381 | $39M | 0.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 1,134,422 | $38M | 0.5% | 2026-Q2 |
| WEDGE CAPITAL MANAGEMENT L L P/NC trimmed | 1,048,237 | $35M | 0.4% | 2026-Q2 |
| Freestone Grove Partners LP trimmed | 975,933 | $32M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 910,401 | $30M | 0.4% | 2026-Q2 |
| Longaeva Partners L.P. added | 909,366 | $30M | 0.4% | 2026-Q2 |
| Nuveen, LLC trimmed | 874,207 | $29M | 0.3% | 2026-Q2 |
| HANCOCK WHITNEY CORP trimmed | 855,223 | $28M | 0.3% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 816,568 | $27M | 0.3% | 2026-Q2 |
| CITIGROUP INC added | 716,564 | $24M | 0.3% | 2026-Q2 |
| Swiss Life Asset Management Ltd trimmed | 710,695 | $24M | 0.3% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 663,743 | $22M | 0.3% | 2026-Q2 |
| Legal & General Group Plc trimmed | 601,803 | $20M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 594,731 | $20M | 0.2% | 2026-Q2 |
| FIRST CITIZENS BANK & TRUST CO added | 593,727 | $20M | 0.2% | 2026-Q2 |
| FOUNDATION RESOURCE MANAGEMENT INC trimmed | 583,131 | $19M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 581,974 | $19M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System added | 578,643 | $19M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 575,836 | $19M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 574,700 | $19M | 0.2% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. added | 546,393 | $18M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 543,359 | $18M | 0.2% | 2026-Q2 |
| Alyeska Investment Group, L.P. added | 541,189 | $18M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 487,074 | $16M | 0.2% | 2026-Q2 |
| SEB Asset Management AB trimmed | 479,827 | $16M | 0.2% | 2026-Q2 |
| Caisse de depot et placement du Quebec trimmed | 477,373 | $16M | 0.2% | 2026-Q2 |
| Sound Income Strategies, LLC trimmed | 476,002 | $16M | 0.2% | 2026-Q2 |
| Meiji Yasuda Asset Management Co Ltd. trimmed | 464,812 | $15M | 0.2% | 2026-Q2 |
| Fideuram Asset Management (Ireland) dac added | 452,093 | $14M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 446,300 | $15M | 0.2% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 439,750 | $15M | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 436,313 | $15M | 0.2% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 419,110 | $14M | 0.2% | 2026-Q2 |
| HUNTINGTON NATIONAL BANK trimmed | 406,480 | $14M | 0.2% | 2026-Q2 |
| Modern Wealth Management, LLC trimmed | 391,006 | $13M | 0.2% | 2026-Q2 |
| LPL Financial LLC added | 374,604 | $12M | 0.1% | 2026-Q2 |
| ARGENT CAPITAL MANAGEMENT LLC new | 363,135 | $12M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 356,184 | $12M | 0.1% | 2026-Q2 |
| Erste Asset Management GmbH new | 344,100 | $11M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 337,208 | $11M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 334,101 | $11M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 332,252 | $11M | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 327,084 | $11M | 0.1% | 2026-Q2 |
| YOUSIF CAPITAL MANAGEMENT, LLC trimmed | 315,443 | $10M | 0.1% | 2026-Q2 |
| Creative Planning added | 305,639 | $10M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 304,802 | $10M | 0.1% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 287,391 | $10M | 0.1% | 2026-Q2 |
| Cambria Investment Management, L.P. trimmed | 283,890 | $9M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 278,013 | $9M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 277,288 | $9M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 274,103 | $9M | 0.1% | 2026-Q2 |
| Focus Partners Wealth added | 271,525 | $9M | 0.1% | 2026-Q2 |
| Empowered Funds, LLC added | 263,326 | $9M | 0.1% | 2026-Q2 |
| Engineers Gate Manager LP trimmed | 263,301 | $9M | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC added | 244,915 | $8M | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 233,595 | $8M | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 225,458 | $7M | 0.1% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 225,129 | $7M | 0.1% | 2026-Q2 |
| Altrius Capital Management Inc trimmed | 222,692 | $7M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 217,376 | $7M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.