SecurityBEN / Franklin Resources, Inc.
InstitutionBridgewater Associates, LP
ManagerRay Dalio, Bob Prince
Shares161,862
Value $ 5,188,000
Related 354613AF8 / Franklin Res Inc Notes 3.125% 05/20/2015
354613AG6 / Franklin Res Inc Notes 4.625% 05/20/2020
354613AH4 / Franklin Resources Inc. 1.375% 09/15/17
354613AJ0 / Franklin Resources Inc. 2.8% 09/15/22

Bridgewater Associates, LP reports 71.05% decrease in ownership of BEN / Franklin Resources, Inc.

August 13, 2018 - Bridgewater Associates, LP has filed a 13F-HR form disclosing ownership of 161,862 shares of Franklin Resources, Inc. (NYSE:BEN) with total holdings valued at $5,188,000 USD as of June 30, 2018. Bridgewater Associates, LP had filed a previous 13F-HR on May 15, 2018 disclosing 559,059 shares of Franklin Resources, Inc. at a value of $19,388,000 USD. This represents a change in shares of -71.05 percent and a change in value of -73.24 percent during the quarter.

Other investors with positions similar to Bridgewater Associates, LP include Biechele Royce Advisors, Arizona State Retirement System, Stifel Financial Corp, Nisa Investment Advisors L.l.c., Aviva Plc, and Teacher Retirement System Of Texas.

FRANKLIN RESOURCES INC has declared a standard industrial code (sic) of 6282 which is the "Investment Advice" industry. Bridgewater Associates, LP's top industries are "Printing, Publishing, And Allied Industries" (sic 27), "Rubber And Miscellaneous Plastics Products" (sic 30), and "Stone, Clay, Glass, And Concrete Products" (sic 32).

Bridgewater Associates, LP reports 71.05% decrease in  ownership of BEN / Franklin Resources, Inc.

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR FRANKLIN RES COM 354613101 33.37 161,862 -71.05 5,188 -73.24 -13,253 -947 -4.89
2018-03-31 13F-HR FRANKLIN RES COM 354613101 38.99 559,059 2,683.05 19,388 2,128.51 21,017 -2,499 -287.24
2017-12-31 13F-HR FRANKLIN RES COM 354613101 20,088 870 870 0
2017-03-31 13F-HR FRANKLIN RES COM 354613101 0 -100.00 0 -100.00 -2,624 0
2016-12-31 13F-HR FRANKLIN RES COM 354613101 37.56 66,300 152.09 2,624 180.64 1,503 186 19.94
2016-09-30 13F-HR FRANKLIN RES COM 354613101 34.44 26,300 173.96 935 192.19 575 40 12.44
2016-06-30 13F-HR FRANKLIN RES COM 354613101 9,600 0.00 320 320 0
2015-12-31 13F-HR FRANKLIN RES COM 354613101 0 0 0 0
2015-09-30 13F-HR FRANKLIN RES COM 354613101 0 -100.00 0 -100.00 -1,543 0
2015-06-30 13F-HR FRANKLIN RES COM 354613101 51.63 31,462 270.88 1,543 235.43 1,187 -104 -22.50
2014-03-31 13F-HR FRANKLIN RES COM 354613101 95.12 8,483 -93.70 460 -97.49 -12,000 -5,853 -31.96
2013-06-30 13F-HR FRANKLIN RES COM 354613101 134,638 18,313

Related SEC Filings

Franklin Resources 3G/A (Passive Acquisition of More Than 5% of Shares)

2017-02-03 sec.gov
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2 (AMENDMENT NO. 2)* Franklin Resources, Inc. _____________________________________________ (Name of Issuer) Common Stock _____________________________________________ (Title of Class of Securities) 354613101 _____________________________________________ (CUSIP Number) 12/31/2016 __________

Franklin Resources 3G/A (Passive Acquisition of More Than 5% of Shares)

2017-02-03 sec.gov
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2 (AMENDMENT NO. 2)* Franklin Resources, Inc. _____________________________________________ (Name of Issuer) Common Stock _____________________________________________ (Title of Class of Securities) 354613101 _____________________________________________ (CUSIP Number) 12/31/2016 __________

Franklin Resources 3G/A (Passive Acquisition of More Than 5% of Shares)

2017-01-10 sec.gov
ener16infinal.htm - Generated by SEC Publisher for SEC Filing                 CUSIP NO. 29276K101                       13G                             Page 1 of 14                                                                                         UNITED STATES                                                                SECURITIES AND EXCHANGE COMMISSION                                                                            Washington, D.

Franklin Resources Form SC 13G (Acquisition of More Than 5% of Shares)

2016-02-12 sec.gov
usec15in.htm - Generated by SEC Publisher for SEC Filing           CUSIP NO. 91732J102                           13G                            Page 1 of 14                                                                                   UNITED STATES                                                          SECURITIES AND EXCHANGE COMMISSION                                                                      Washington, D.

Franklin Resources Form SC 13G/A (Acquisition of More Than 5% of Shares)

2016-02-12 sec.gov
unit15a1.htm - Generated by SEC Publisher for SEC Filing           CUSIP NO. 909218109                           13G                            Page 1 of 14                                                                                   UNITED STATES                                                          SECURITIES AND EXCHANGE COMMISSION                                                                      Washington, D.

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CUSIP: 354613101