FRANKLIN RESOURCES INC purchased 99.0% of their position (2.47M shares) of FRANKLIN BSP PRIVATE CREDIT FUND 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: 5/2/2023ACC: 0001104659-23-055147
10% OwnerOther
Since Oct 2022
+2.47M
Net shares
Net buyer
$25.00M
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
2.47M acquired
Non-Derivative Transactions1
Advisor Class Shares
Indirect
Shares
+2.47M
Price / share
$10.14
Trade value
$25M
% of position
99.0%
4/28/2023
2.49M→4.96M
Total
Net shares
+2.47M
Net value
$25M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Advisor Class Shares Indirect | 4/28/2023 | P · Purchase | +2.47M | $10.14 | $25M | 99.0% | 2.49M | 4.96M |
| Total | +2.47M | $25M | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1
Class A Shares
IndirectShares owned10K
Total
10K indirect10K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Shares | 10K | Indirect |
| Total | 10K | 10K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported