Franklin Resources, Inc.
US ˙ NYSE ˙ US3546131018

SecurityBEN / Franklin Resources, Inc.
InstitutionMorgan Stanley
Latest Disclosed Ownership4,915,148 shares
Latest Disclosed Value $ 116,095,826
Morgan Stanley reports 13.91% increase in ownership of BEN / Franklin Resources, Inc.

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 4,915,148 shares of Franklin Resources, Inc. (US:BEN) valued at $116,095,796 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 4,314,807 shares of Franklin Resources, Inc.. This represents a change in shares of 13.91% during the quarter. The current value of the position is $157,137,282 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class 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. 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.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F FRANKLIN RESOURCES COM 354613101 4,915,148 600,341 13.91 116,096 12.63 0.0070
2026-05-27 2025-12-31 13F/A-1 FRANKLIN RESOURCES COM 354613101 4,314,807 -1,899,582 -30.57 103,081 -28.29 0.0062
2026-02-13 2025-12-31 13F FRANKLIN RESOURCES COM 354613101 4,314,807 -1,899,582 103,081 0.0062
2026-05-27 2025-09-30 13F/A-1 FRANKLIN RESOURCES COM 354613101 6,214,389 1,671,916 36.81 143,739 32.68 0.0087
2025-11-14 2025-09-30 13F FRANKLIN RESOURCES COM 354613101 6,214,389 1,671,916 143,739 0.0087
2025-08-15 2025-06-30 13F FRANKLIN RESOURCES COM 354613101 4,542,473 -506,032 -10.02 108,338 11.48 0.0071
2025-05-15 2025-03-31 13F FRANKLIN RESOURCES COM 354613101 5,048,505 -80,665 -1.57 97,184 -6.62 0.0069
2025-05-15 2024-12-31 13F/A-1 FRANKLIN RESOURCES COM 354613101 5,129,170 114,709 2.29 104,071 3.00 0.0073
2025-02-14 2024-12-31 13F FRANKLIN RESOURCES COM 354613101 5,129,170 114,709 104,071 0.0073
2025-05-14 2024-09-30 13F/A-2 FRANKLIN RESOURCES COM 354613101 5,014,461 368,376 7.93 101,041 -2.70 0.0073
2025-02-14 2024-09-30 13F/A-1 FRANKLIN RESOURCES COM 354613101 5,014,461 368,376 101,041 0.0073
2024-11-14 2024-09-30 13F FRANKLIN RESOURCES COM 354613101 5,014,461 368,376 101,041 0.0009
2025-05-14 2024-06-30 13F/A-2 FRANKLIN RESOURCES COM 354613101 4,646,085 254,130 5.79 103,840 -15.89 0.0080
2024-10-17 2024-06-30 13F/A-1 FRANKLIN RESOURCES COM 354613101 4,646,085 254,130 103,840 0.0080
2024-08-14 2024-06-30 13F FRANKLIN RESOURCES COM 354613101 4,646,085 254,130 103,840 0.0080
2024-10-17 2024-03-31 13F/A-2 FRANKLIN RESOURCES COM 354613101 4,391,955 430,801 10.88 123,458 4.62 0.0099
2024-08-16 2024-03-31 13F/A-1 FRANKLIN RESOURCES COM 354613101 4,391,955 430,801 123,458 0.0012
2024-05-15 2024-03-31 13F FRANKLIN RESOURCES COM 354613101 4,391,955 430,801 123,458 0.0099
2024-08-16 2023-12-31 13F/A-1 FRANKLIN RESOURCES COM 354613101 3,961,154 67,947 1.75 118,003 23.31 0.0104
2024-02-13 2023-12-31 13F FRANKLIN RESOURCES COM 354613101 3,961,154 67,947 118,003 0.0104
2023-11-15 2023-09-30 13F FRANKLIN RESOURCES COM 354613101 3,893,207 115,100 3.05 95,695 -5.17 0.0097
2023-08-14 2023-06-30 13F FRANKLIN RESOURCES COM 354613101 3,778,107 15,262 0.41 100,913 -0.45 0.0099
2023-05-15 2023-03-31 13F FRANKLIN RESOURCES COM 354613101 3,762,845 -289,271 -7.14 101,371 -5.17 0.0109
2023-02-14 2022-12-31 13F FRANKLIN RESOURCES COM 354613101 4,052,116 291,042 7.74 106,895 32.07 0.0121
2022-11-14 2022-09-30 13F FRANKLIN RESOURCES COM 354613101 3,761,074 307,263 8.90 80,938 0.53 0.0110
2022-10-27 2022-06-30 13F/A-1 FRANKLIN RESOURCES COM 354613101 3,453,811 1,568,942 83.24 80,508 52.98 0.0104
2022-08-15 2022-06-30 13F FRANKLIN RESOURCES COM 354613101 3,453,811 1,568,942 80,508 0.0021
2022-10-27 2022-03-31 13F/A-1 FRANKLIN RESOURCES COM 354613101 1,884,869 619,967 49.01 52,626 24.23 0.0071
2022-05-13 2022-03-31 13F FRANKLIN RESOURCES COM 354613101 1,884,869 619,967 52,626 0.0071
2022-02-14 2021-12-31 13F FRANKLIN RESOURCES COM 354613101 1,264,902 -149,827 -10.59 42,362 0.75 0.0052
2021-11-15 2021-09-30 13F FRANKLIN RESOURCES COM 354613101 1,414,729 -1,229,689 -46.50 42,046 -50.30 0.0057
2021-08-23 2021-06-30 13F/A-1 FRANKLIN RESOURCES COM 354613101 2,644,418 1,040,575 64.88 84,595 78.20 0.0112
2021-08-16 2021-06-30 13F FRANKLIN RESOURCES COM 354613101 2,644,418 1,040,575 84,595 0.0023
2021-05-17 2021-03-31 13F FRANKLIN RESOURCES COM 354613101 1,603,843 -740,933 -31.60 47,473 -18.98 0.0070
2021-02-16 2020-12-31 13F FRANKLIN RESOURCES COM 354613101 2,344,776 1,210,658 106.75 58,595 153.90 0.0090
2020-11-13 2020-09-30 13F FRANKLIN RESOURCES COM 354613101 1,134,118 461,865 68.70 23,078 63.71 0.0045
2020-08-14 2020-06-30 13F FRANKLIN RESOURCES COM 354613101 672,253 -586,718 -46.60 14,097 -32.91 0.0031
2020-05-26 2020-03-31 13F/A-1 FRANKLIN RESOURCES COM 354613101 1,258,971 393,627 45.49 21,012 -6.54 0.0057
2020-05-15 2020-03-31 13F FRANKLIN RESOURCES COM 354613101 1,258,971 393,627 21,012 1,614.1596
2020-02-14 2019-12-31 13F FRANKLIN RES COM 354613101 865,344 300,707 53.26 22,482 37.96 0.0052
2019-11-14 2019-09-30 13F FRANKLIN RES COM 354613101 564,637 -261,403 -31.65 16,296 -43.31 0.0043
2019-08-14 2019-06-30 13F FRANKLIN RES COM 354613101 826,040 365,122 79.22 28,747 88.21 0.0077
2019-05-15 2019-03-31 13F FRANKLIN RES COM 354613101 460,918 -957,672 -67.51 15,274 -63.70 0.0043
2019-02-14 2018-12-31 13F FRANKLIN RES COM 354613101 1,418,590 -1,129,704 -44.33 42,076 -45.70 0.0126
2019-04-23 2018-09-30 13F/A-2 FRANKLIN RES COM 354613101 2,548,294 -648,822 -20.29 77,493 -24.37 0.0194
2018-11-20 2018-09-30 13F/A-1 FRANKLIN RES COM 354613101 2,548,294 0 77,493 0.0194
2018-11-14 2018-09-30 13F FRANKLIN RES COM 354613101 2,548,294 -648,822 77,493
2019-04-23 2018-06-30 13F/A-1 FRANKLIN RES COM 354613101 3,197,116 1,661,189 108.16 102,468 92.37 0.0277
2018-08-14 2018-06-30 13F FRANKLIN RES COM 354613101 3,197,116 1,661,189 102,468
2019-04-23 2018-03-31 13F/A-1 FRANKLIN RES COM 354613101 1,535,927 -3,854,581 -71.51 53,266 -77.19 0.0148
2018-05-14 2018-03-31 13F FRANKLIN RES COM 354613101 1,535,927 -3,854,581 53,266
2019-04-23 2017-12-31 13F/A-1 FRANKLIN RES COM 354613101 5,390,508 2,718,445 101.74 233,571 96.39 0.0639
2018-02-14 2017-12-31 13F FRANKLIN RES COM 354613101 5,390,508 2,718,445 233,571
2017-11-14 2017-09-30 13F FRANKLIN RES COM 354613101 2,672,063 -131,487 -4.69 118,933 -5.29 0.0356
2017-08-11 2017-06-30 13F FRANKLIN RES COM 354613101 2,803,550 -881,672 -23.92 125,571 -19.14 0.0379
2017-05-22 2017-03-31 13F/A-1 FRANKLIN RES COM 354613101 3,685,222 -373,520 -9.20 155,294 -3.33 0.0477
2017-05-12 2017-03-31 13F FRANKLIN RES COM 354613101 3,685,222 155,294
2017-02-22 2016-12-31 13F/A-1 FRANKLIN RES COM 354613101 4,058,742 -3,990,790 -49.58 160,644 -43.89 0.0526
2017-02-13 2016-12-31 13F FRANKLIN RES COM 354613101 4,058,742 160,644
2016-11-10 2016-09-30 13F FRANKLIN RES COM 354613101 8,049,532 916,293 12.85 286,321 20.29 0.0978
2016-08-12 2016-06-30 13F FRANKLIN RES COM 354613101 7,133,239 3,384,686 90.29 238,035 62.61 0.0860
2016-05-12 2016-03-31 13F FRANKLIN RES COM 354613101 3,748,553 -62,691 -1.64 146,381 4.31 0.0563
2016-02-09 2015-12-31 13F FRANKLIN RES COM 354613101 3,811,244 2,878,508 308.61 140,330 303.77 0.0508
2016-02-08 2015-09-30 13F/A-1 FRANKLIN RES COM 354613101 932,736 -142,618 -13.26 34,755 -34.08 0.0128
2015-11-09 2015-09-30 13F FRANKLIN RES COM 354613101 932,736 34,755
2015-08-12 2015-06-30 13F FRANKLIN RES COM 354613101 1,075,354 -65,369 -5.73 52,723 -9.94 0.0183
2015-05-14 2015-03-31 13F FRANKLIN RES COM 354613101 1,140,723 244,321 27.26 58,544 17.95 0.0216
2015-02-13 2014-12-31 13F FRANKLIN RES COM 354613101 896,402 112,881 14.41 49,634 16.00 0.0181
2014-12-16 2014-09-30 13F/A-1 FRANKLIN RES COM 354613101 783,521 -40,373 -4.90 42,789 -4.14 0.0165
2014-11-14 2014-09-30 13F FRANKLIN RES COM 354613101 783,521 42,789
2014-05-13 2014-03-31 13F FRANKLIN RES COM 354613101 823,894 -39,985 -4.63 44,637 -10.50 0.0187
2014-02-13 2013-12-31 13F FRANKLIN RES COM 354613101 863,879 299,312 53.02 49,872 74.76 0.0212
2013-11-13 2013-09-30 13F FRANKLIN RESOURCES INC. COM COM 354613101 564,567 -75,244 -11.76 28,538 -67.21 0.0135
2013-08-08 2013-06-30 13F FRANKLIN RESOURCES INC. COM COM 354613101 639,811 639,811 87,025 0.0439
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.