FRANKLIN RESOURCES INC purchased 33.3% of their position (1.96M shares) of CLARION PARTNERS REAL ESTATE INCOME FUND INC. on the open market
Open‑market purchase worth $25.00M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 10/7/2022ACC: 0000914851-22-000092
→
10% OwnerOther
Since Mar 2021
+1.96M
Net shares
Net buyer
$25.00M
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
1.96M acquired
Non-Derivative Transactions1
Common Stock
Indirect
Shares
+1.96M
Price / share
$12.73
Trade value
$25M
% of position
33.3%
10/5/2022
5.90M→7.87M
Total
Net shares
+1.96M
Net value
$25M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 10/5/2022 | P · Purchase | +1.96M | $12.73 | $25M | 33.3% | 5.90M | 7.87M |
| Total | +1.96M | $25M | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1
Common Stock
DirectShares owned15.79M
Total
15.79M direct15.79M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 15.79M | Direct |
| Total | 15.79M | 15.79M direct |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported