Knowledge Builders

who owns franklin resources inc

by Edmund Parisian III Published 3 years ago Updated 2 years ago
image

Franklin Resources (NYSE: BEN) is owned by 43.76% institutional shareholders, 45.10% Franklin Resources insiders, and 11.14% retail investors. Rupert H. Johnson Jr. is the largest individual Franklin Resources shareholder, owning 103.47M shares representing 20.70% of the company.

California-based Franklin Resources, Inc. is the nation's largest manager of municipal funds and one of the nation's fastest-growing and largest mutual fund companies. Although Franklin is a public company, nearly half of its stock is owned by the two brothers who lead the company, Charles and Rupert Johnson.

Full Answer

Does Franklin Resources have institutional investors?

We can see that Franklin Resources does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors.

How much of Franklin Resources'stock do insiders own?

It seems insiders own a significant proportion of Franklin Resources, Inc.. It has a market capitalization of just US$16b, and insiders have US$6.7b worth of shares in their own names. That's quite significant.

Is Franklin Resources (Ben) a good shareholder?

The big shareholder groups in Franklin Resources, Inc. (NYSE:BEN) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. I quite like to see at least a little bit of insider ownership.

Who really controls Franklin Resources?

If you want to know who really controls Franklin Resources, Inc. (NYSE:BEN), then you'll have to look at the makeup of its share registry. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies.

image

Who owns Franklin funds?

Franklin Templeton InvestmentsHeadquarters in San Mateo, CaliforniaKey peopleJennifer M. Johnson (President and CEO) Gregory E. Johnson (Executive Chairman of the Board) Rupert H. Johnson Jr. (Vice ChairmanProductsMutual funds Retirement PlanningRevenueUS$8.43 billion (2021)Operating incomeUS$1.88 billion (2021)14 more rows

What companies does Franklin Resources own?

It offers its products and services under the brands of Franklin, Templeton, Franklin Mutual Series, Franklin Bissett, Fiduciary Trust, Darby, Balanced Equity Management, K2, LibertyShares, and Edinburgh Partners. The company was founded by Rupert H.

When did Franklin Resources go public?

19711970s. Franklin went public in 1971, which gave Charlie and team the capital needed to grow the business and position it for the future. In 1973, the company acquired Winfield & Company, a San Mateo, California-based investment firm, and moved Franklin's offices from New York to California.

Is Franklin Resources Franklin Templeton?

Franklin Resources, Inc. [NYSE:BEN], one of the world's largest investment managers, is better known as Franklin Templeton.

Are Franklin funds a good investment?

This Sector - Tech product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the one and three-year benchmarks are 57.7% and 30.3%, respectively.

What does Franklin Resources do?

Franklin Resources, Inc. provides investment advisory services to mutual fund, retirement, institutional, and separate accounts investors. The Company manages various asset classes including global equity, global institutional and municipal fixed income, money funds, alternative investments, and hedge funds.

Is Franklin Templeton a good company?

Franklin Templeton is a great place to work for. They have great benefits and work life balance. They are very active in the surrounding communities worldwide. They have a rich and diverse workforce.

Who is in the vanguard group?

Along with BlackRock and State Street, Vanguard is considered one of the Big Three index fund managers that dominate corporate America. The Vanguard Group, Inc....The Vanguard Group.TypePrivateKey peopleMortimer J. Buckley (Chairman & CEO)ProductsMutual funds Exchange-traded funds Broker Asset management Sub-advisory services9 more rows

Is Franklin Templeton part of fidelity?

Franklin Templeton Investments's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Franklin Templeton Investments. Their current market cap is $277.28M....Fidelity Investments vs Franklin Templeton Investments.51%Promoters16%Passive33%Detractors

Why is Franklin Templeton closed?

The evening of April 23, 2020 was a watershed moment in the history of mutual funds in India. Six Franklin Templeton debt funds were shut down by the management, due to redemption pressure and lack of liquidity in the secondary market for the underlying instruments.

Who did Franklin Templeton merge with?

Legg Mason, Inc.--(BUSINESS WIRE)-- Franklin Resources, Inc. (the “Company”) [NYSE:BEN], a global investment management organisation operating as Franklin Templeton, today announced that it has entered into a definitive agreement to acquire Legg Mason, Inc. [NYSE:LM] for $50.00 per share of common stock in an all-cash transaction.

What our managers think Franklin Templeton?

Franklin Templeton comprises multiple independent investment teams located around the world. As individual portfolio managers and teams pursue different fund mandates, there will always be different views held on the markets, and we consider that a strength.

What does Franklin Templeton do?

We bring together an unmatched collection of independent specialist investment managers to provide clients deep expertise and boutique specialization across asset classes, investment styles, and geographies.

What is Franklin Templeton's AUM?

1.53 trillion USD (2021)Franklin Templeton Investments / Assets under management

What is the AUM of Blackrock?

10 trillion USD (January 2022)BlackRock / Assets under management

What Does The Institutional Ownership Tell Us About Franklin Resources?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

Insider Ownership Of Franklin Resources

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

General Public Ownership

The general public-- including retail investors -- own 11% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Next Steps

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For instance, we've identified 2 warning signs for Franklin Resources that you should be aware of.

image

1.Franklin Templeton Investments - Wikipedia

Url:https://en.wikipedia.org/wiki/Franklin_Templeton_Investments

4 hours ago Franklin Resources (NYSE: BEN) is owned by 43.76% institutional shareholders, 45.10% Franklin Resources insiders, and 11.14% retail investors. Rupert H. Johnson Jr. is the largest individual Franklin Resources shareholder, owning 103.47M shares representing 20.70% of the company.

2.Here's What Franklin Resources, Inc.'s (NYSE:BEN) …

Url:https://finance.yahoo.com/news/heres-franklin-resources-inc-nyse-132212931.html

20 hours ago The company was founded in 1947 in New York by Rupert H. Johnson, Sr., who ran a successful retail brokerage firm from an office on Wall Street. He named the company for US founding father Benjamin Franklin because Franklin epitomized the ideas of frugality and prudence when it came to saving and investing. The company's first line of mutual ...

3.What Kind Of Investors Own Most Of Franklin Resources, …

Url:https://www.nasdaq.com/articles/what-kind-of-investors-own-most-of-franklin-resources-inc.-nyse%3Aben

29 hours ago  · Chief Executive Officer The PGA of America Non-Executive Chairman Alex Brown, a division of Raymond James Director Yext, Inc.

4.BEN - Franklin Resources Inc Shareholders

Url:https://money.cnn.com/quote/shareholders/shareholders.html?symb=BEN&subView=institutional

6 hours ago  · In Franklin Resources' case, its Senior Key Executive, Rupert Johnson, is the largest shareholder, holding 21% of shares outstanding.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9