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BEN
Ticker

BEN

Franklin Resources, Inc.
INVESTMENT ADVICE
Congressional Trades
20
by 2 members
Ticker Intelligence Brief

Who in Congress traded BEN, when, and what happened after?

A ticker-first view for retail/data users: latest disclosure, largest range, disclosure lag, party flow, contracts, lobbying, and source-linked receipts.

Latest receipt
Ro Khanna
BUY · 2026-04-13
Largest range
$15K – $50K
Thomas Kean
Slowest filing
42d
Thomas Kean
Best vs SPY
21.1%
Ro Khanna
Buys
8
40%
Sells
12
60%
Total Volume
$209K
midpoint
Unique Traders
2
members

Party Breakdown

Democrats15 · 75%
Republicans5 · 25%

Party Trading Divergence

Democrat vs. Republican buy / sell pressure by monthHIGH DIVERGENCE

Bar length = total trades. Color = net sentiment — green = net buying, red = net selling. Months with no activity hidden.

Democrat ←
Month
→ Republican
2
May '24
01
Jul '24
01
Aug '24
2
Nov '24
Dec '24
01
01
Jan '25
1
Feb '25
1
Mar '25
01
Apr '25
02
01
Sep '25
02
1
Jan '26
02
Mar '26
1
Apr '26
Democrats87Neutral
vs
Republicans05Net sellers
Net buyingNet selling⚡ Party split

💼 Lobbying Filings

all →
  • 2026-04-20$250K
    FRANKLIN RESOURCES INC. (FRANKLIN TEMPLETON) AND AFFILIATES
    Issues related to crypto & digital assets including 1) digital assets market structure initiatives such as H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act and Senate companion drafts such as S. 4356, the Responsible Financial Innovation Act (RFIA) and S. 3755, the Digital Commodity Intermediaries Act and 2) Stablecoins legislation clarification including S. 919, Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (the GENIUS Act) Various reconciliation issues in H.R.1, the One Big Beautiful Bill Act, including section 899 and implementation of Trump accounts. Treasury meetings (Feb & March 2026) about Trump accounts. Protecting closed end funds from activist investors and enhancing retail investor access to alternative investments & private markets - H.R. 3383, the Increasing Investor Opportunities Act. Capital formation initiatives included in H.R. 3383, the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act. Pro
  • 2026-01-20$320K
    FRANKLIN RESOURCES INC. (FRANKLIN TEMPLETON) AND AFFILIATES
    Issues related to crypto & digital assets including 1) digital assets market structure initiatives such as H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act and Senate companion drafts such as S. 4356, the Responsible Financial Innovation Act (RFIA) and 2) Stablecoins legislation including S. 919, Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (the GENIUS Act) Various reconciliation issues in H.R.1, the One Big Beautiful Bill Act, including section 899 and implementation of Trump accounts Retail investor access to alternative investments & private markets, including H.R. 3383, the Increasing Investor Opportunities Act Promoting inclusion of alternative investments in retirement plans, including H.R. 2544 & S. 1222, the Financial Freedom Act and H.R. 5748, the Retirement Investment Choice Act which codifies President Trumps executive order (14330) on alternative investments in 401(k)s Accredited investor reform initiatives including H.R. 3348, the
  • 2025-10-20$290K
    FRANKLIN RESOURCES INC. (FRANKLIN TEMPLETON) AND AFFILIATES
    Legislation and oversight of ESG investing including proxy voting by asset managers H.R. 3633--Digital Asset Market Clarity (CLARITY) Act S. 4356--Responsible Financial Innovation Act (RFIA) Stablecoin Transparency and Accountability for a Better Ledger Economy Act (STABLE Act) of 2025 S. 919--Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) of 2025 Issues related to crypto & digital assets including digital assets market structure initiatives and Stablecoins legislation. H.R. 1--One Big Beautiful Bill Act--Various reconciliation issues in H.R.1, the One Big Beautiful Bill Act, including the corporate tax rate, the stock buyback excise tax, section 899, Trump accounts, and corporate state and local tax (SALT) proposals H.R. 3383--Increasing Investor Opportunities Act--Retail investor access to alternative investments & private markets H.R. 2544--Financial Freedom Act S. 1222--The Liberty Act Retail investor access to alternative investments & private m
  • 2025-07-21$270K
    FRANKLIN RESOURCES INC. (FRANKLIN TEMPLETON) AND AFFILIATES
    Issues related to crypto & digital assets including digital assets market structure initiatives such as H.R. 3633, the Digital Asset Market Clarity (CLARITY) Act and Stablecoins legislation including S. 919, the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (GENIUS) Act and H.R. 2392, the Stablecoin Transparency and Accountability for a Better Ledger Economy Act of 2025 (STABLE) Act Various reconciliation issues in H.R.1, the One Big Beautiful Bill Act, including the corporate tax rate, the stock buyback excise tax, section 899, Trump accounts, and corporate State and Local Tax (SALT) proposals Retail investor access to alternative investments & private markets, including H.R. 3383, the Increasing Investor Opportunities Act and H.R. 2544 & S. 1222, the Financial Freedom Act Accredited investor reform initiatives including H.R. 3348, the Accredited Investor Definition Review Act, H.R. 3339, the Equal Opportunity for All Investors Act, and H.R. 3394, the F
  • 2025-04-21$260K
    FRANKLIN RESOURCES INC. (FRANKLIN TEMPLETON) AND AFFILIATES
    Issues related to crypto & digital assets including digital assets market structure initiatives and Stablecoins legislation including S. 919, the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (GENIUS) Act and H.R. 2392, the Stablecoin Transparency and Accountability for a Better Ledger Economy Act of 2025 (STABLE) Act Extension of the Tax Cuts and Jobs Act (JCTA) including the corporate tax rate, the stock buyback excise tax, and corporate State and Local Tax (SALT) proposals. Restrictions on outbound investments to China Retail investor access to alternative investments & private markets, including reintroduction of the Increasing Investor Opportunities Act Accredited investor reform initiatives E-delivery initiatives including H.R. 2441, the Improving Disclosure for Investors Act and Senate proposals Retirement security initiatives, including S. 424 and H.R. 1013, the Retirement Fairness for Charities and Educational Institutions Retirement savings tax
  • 2025-03-20$0
    FRANKLIN RESOURCES INC.
  • 2025-01-21$590K
    FRANKLIN RESOURCES INC. (FRANKLIN TEMPLETON) AND AFFILIATES
    H.R. 4763--Financial Innovation and Technology for the 21st Century Act S. 2281--Responsible Financial Innovation Act H.R. 4766--Clarity for Payment Stablecoins Act S. 4155--the Lummis, Gillibrand Payment Stablecoins Act Issues related to crypto & digital assets including digital assets market structure and Stablecoins legislation Money Market Fund (MMF) regulation H.R. 2627--Increasing Investor Opportunities Act & draft Senate legislation--Retail investor access to alternative investments & private markets H.R.835-Fair Investment Opportunities for Professional Experts Act H.R. 2797--Equal Opportunity for All Investors Act H.R. 1579--Accredited Investor Definition Review Act H.R. 2773--Amends the definition of an accredited investor to include individuals receiving advice from certain professionals Accredited investor reform initiatives H.R. 1807-- Improving Disclosure for Investors Act--E-delivery initiatives H.R. 3063--Retirement Fairness for Charities and Educational Institutions Ac
  • 2025-01-20$0
    FRANKLIN RESOURCES INC.

Congressional Momentum

buy vs. sell pressureACCUMULATING

Score 0–100: above 50 = net buying pressure, below 50 = net selling. Signal based on last 90 days.

Last 30 Days
No trades
Last 90 Days
100
1 buy1 total0 sells
$8K buys · $0 sells
All-Time
31
8 buys20 total12 sells
$64K buys · $145K sells
Cumulative Net Position (buy vol − sell vol)
-$81K
2024-0520 trades plotted2026-04

Timing Fingerprint

filing delay vs. excess return over SPY · 18 tradesCongress avg +6.5% vs SPY

Each dot = one disclosed trade. X-axis = days between trade and STOCK Act filing.Y-axis = return above (or below) SPY over the subsequent holding window. Upper-right = late filers who beat the market.

LATE + BEAT SPY5 tradesQUICK + BEAT SPY8 tradesQUICK + TRAILEDLATE + TRAILED-24%-12%0%+12%+24%median 20d0d10d20d30d40dRo Khanna (D) · 2026-04-13 · buy · 28d delay · +14.6% vs SPY · $8KRo Khanna (D) · 2026-03-23 · sell · 15d delay · +17.7% vs SPY · $8KRo Khanna (D) · 2026-03-10 · sell · 28d delay · +11.9% vs SPY · $8KRo Khanna (D) · 2026-01-29 · buy · 8d delay · +3.8% vs SPY · $8KRo Khanna (D) · 2025-09-29 · sell · 4d delay · +10.5% vs SPY · $8KThomas Kean (R) · 2025-09-03 · sell · 41d delay · -2.8% vs SPY · $33KThomas Kean (R) · 2025-04-28 · sell · 17d delay · +17.6% vs SPY · $8KRo Khanna (D) · 2025-04-23 · sell · 19d delay · +16.6% vs SPY · $8KRo Khanna (D) · 2025-03-06 · buy · 35d delay · +12.9% vs SPY · $8KRo Khanna (D) · 2025-02-19 · buy · 15d delay · +15.6% vs SPY · $8KRo Khanna (D) · 2025-01-22 · sell · 15d delay · +21.1% vs SPY · $8KThomas Kean (R) · 2024-12-16 · sell · 37d delay · +8.3% vs SPY · $8KRo Khanna (D) · 2024-11-15 · buy · 20d delay · +5.4% vs SPY · $8KRo Khanna (D) · 2024-11-12 · buy · 23d delay · +8.9% vs SPY · $8KRo Khanna (D) · 2024-08-05 · sell · 32d delay · -9.5% vs SPY · $8KRo Khanna (D) · 2024-07-01 · sell · 37d delay · -6.2% vs SPY · $8KRo Khanna (D) · 2024-05-29 · buy · 7d delay · -14.3% vs SPY · $8KRo Khanna (D) · 2024-05-28 · buy · 8d delay · -15.1% vs SPY · $8KFiling Delay (days)Excess Return vs SPY
72% of trades beat SPYavg excess +6.5%avg delay 22d8 buys10 sellsBuySellOther· dot size ∝ trade size

Trade Activity Timeline

Congressional buys & sells by month · last 13 months w/ activity

24/05
24/07
24/08
24/11
24/12
25/01
25/02
25/03
25/04
25/09
26/01
26/03
26/04
BuysSellsOtherHigh-volume month

Who Moved First

each row = one member · sorted by earliest disclosed trade
1 buyers ·2 sellers
20252026DRo Khanna15×2024-05-28 · buy · $8K2024-05-29 · buy · $8K2024-07-01 · sell · $8K2024-08-05 · sell · $8K2024-11-12 · buy · $8K2024-11-15 · buy · $8K2025-01-22 · sell · $8K2025-02-19 · buy · $8K2025-03-06 · buy · $8K2025-04-23 · sell · $8K2025-09-29 · sell · $8K2026-01-29 · buy · $8K2026-03-10 · sell · $8K2026-03-23 · sell · $8K2026-04-13 · buy · $8KRThomas Kean5×2024-12-16 · sell · $8K2025-04-28 · sell · $8K2025-04-28 · sell · $8K2025-09-03 · sell · $33K2025-09-03 · sell · $33K
BuySellOtherDot size ∝ trade size · top 2 most-active traders shown

Seasonal Rhythm

Congress buy/sell pressure by month & year

Each cell = one calendar month. Green = net Congress buying, red = net selling. Intensity ∝ consensus strength. Hover for details.

JanFebMarAprMayJunJulAugSepOctNovDec20262026-01: 1▲ 0▼ · $0.0M12026-02: 0▲ 0▼2026-03: 0▲ 2▼ · $0.0M22026-04: 1▲ 0▼ · $0.0M12026-05: 0▲ 0▼2026-06: 0▲ 0▼2026-07: 0▲ 0▼2026-08: 0▲ 0▼2026-09: 0▲ 0▼2026-10: 0▲ 0▼2026-11: 0▲ 0▼2026-12: 0▲ 0▼20252025-01: 0▲ 1▼ · $0.0M12025-02: 1▲ 0▼ · $0.0M12025-03: 1▲ 0▼ · $0.0M12025-04: 0▲ 3▼ · $0.0M32025-05: 0▲ 0▼2025-06: 0▲ 0▼2025-07: 0▲ 0▼2025-08: 0▲ 0▼2025-09: 0▲ 3▼ · $0.1M32025-10: 0▲ 0▼2025-11: 0▲ 0▼2025-12: 0▲ 0▼20242024-01: 0▲ 0▼2024-02: 0▲ 0▼2024-03: 0▲ 0▼2024-04: 0▲ 0▼2024-05: 2▲ 0▼ · $0.0M22024-06: 0▲ 0▼2024-07: 0▲ 1▼ · $0.0M12024-08: 0▲ 1▼ · $0.0M12024-09: 0▲ 0▼2024-10: 0▲ 0▼2024-11: 2▲ 0▼ · $0.0M22024-12: 0▲ 1▼ · $0.0M1
Net buyingNet sellingNo trades · number = trade count
Peak buy month: May · Peak sell month: Apr

Congressional Conviction Timeline

net positioning · alpha track recordBEARISH
8 buys12 sellscumulative α +31.8%13mo tracked
Monthly Net Flow (Buys − Sells)
+3-302024-05: +2 net (2B / 0S)2024-07: -1 net (0B / 1S)2024-08: -1 net (0B / 1S)2024-11: +2 net (2B / 0S)2024-12: -1 net (0B / 1S)2025-01: -1 net (0B / 1S)2025-02: +1 net (1B / 0S)2025-03: +1 net (1B / 0S)2025-04: -3 net (0B / 3S)2025-09: -3 net (0B / 3S)2026-01: +1 net (1B / 0S)2026-03: -2 net (0B / 2S)2026-04: +1 net (1B / 0S)May 24Aug 24Dec 24Feb 25Apr 25Jan 26Apr 26
Cumulative Excess Return on Congressional Buys vs SPY
+31.8%32%-29%0%

All Disclosed Trades

DateMemberActionAmountFiling DelayReceipt
2026-04-13DRo KhannaBUY$1K – $15K28dreceipt →
2026-03-23DRo KhannaSELL$1K – $15K15dreceipt →
2026-03-10DRo KhannaSELL$1K – $15K28dreceipt →
2026-01-29DRo KhannaBUY$1K – $15K8dreceipt →
2025-09-03RThomas KeanSELL$15K – $50K42dreceipt →
2025-09-03RThomas KeanSELL$15K – $50K41dreceipt →
2025-09-29DRo KhannaSELL$1K – $15K4dreceipt →
2025-04-28RThomas KeanSELL$1K – $15K17dreceipt →
2025-04-28RThomas KeanSELL$1K – $15K17dreceipt →
2025-04-23DRo KhannaSELL$1K – $15K19dreceipt →
2025-03-06DRo KhannaBUY$1K – $15K35dreceipt →
2025-02-19DRo KhannaBUY$1K – $15K15dreceipt →
2025-01-22DRo KhannaSELL$1K – $15K15dreceipt →
2024-12-16RThomas KeanSELL$1K – $15K37dreceipt →
2024-11-15DRo KhannaBUY$1K – $15K20dreceipt →
2024-11-12DRo KhannaBUY$1K – $15K23dreceipt →
2024-08-05DRo KhannaSELL$1K – $15K32dreceipt →
2024-07-01DRo KhannaSELL$1K – $15K37dreceipt →
2024-05-29DRo KhannaBUY$1K – $15K7dreceipt →
2024-05-28DRo KhannaBUY$1K – $15K8dreceipt →