Exited position

David Abrams’s Franklin Resources Inc (BEN) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Abrams Capital Management, L.P.Verified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ4 2015Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares10.04MHighest verified quarter-end share count
Quarters reported20Verified quarters with shares above zero
What happened?

Abrams Capital Management, L.P. first reported Franklin Resources Inc in Q4 2015. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Abrams Capital Management, L.P. sold the entire position in Q4 2020, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q4 2020
Sold the entire position−8.20M shares · No shares reported at quarter-end
Q3 2020
Sold 15.6% of the position−1.51M shares · 8.20M shares remained
Filing context

Quarter-end price $20.35 · Estimated holding basis $36.07

Q4 2019
Sold 0.6% of the position−54.65K shares · 9.72M shares remained
Filing context

Quarter-end price $25.98 · Estimated holding basis $36.07

Q1 2019
Sold 2.6% of the position−265.22K shares · 9.77M shares remained
Filing context

Quarter-end price $33.14 · Estimated holding basis $36.07

Q4 2018
Bought 0.9% more+92.68K shares · 10.04M shares reported after the change
Filing context

Quarter-end price $29.66 · Estimated holding basis $36.07

Q3 2018
Bought 25.2% more+2.00M shares · 9.95M shares reported after the change
Filing context

Quarter-end price $30.41 · Estimated holding basis $36.13

13 unchanged quarters are collapsed by default.

Portfolio importance

How important was Franklin Resources Inc in Abrams Capital Management, L.P.’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight5.3%Q3 2020
Last reported rank#10of 19 reported positions
Peak portfolio weight14.7%Q1 2016
Best historical rank#1Q4 2018
At peak importanceQ1 2016
BEN
14.7%
Largest holding
19.7%
Cross-investor discovery

Who else owns Franklin Resources Inc?

Also reported by 2 other tracked investors in their latest verified filings.

Joel GreenblattGotham Asset Management
BEN0.0% of reported portfolio
Ray DalioBridgewater Associates, LP
BEN0.0% of reported portfolio
Explore Franklin Resources Inc across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$32.722026-09-16

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-13
Open SEC filing ↗

This tracker follows Abrams Capital Management, L.P.’s Form 13F disclosures, not David Abrams’s personal brokerage account. Form 13F reports quarter-end positions later and does not reveal exact trade dates or execution prices.