Franklin Gold & Precious Metals Fund take 201,575,000 GGP Shares

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CanisLycaon
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Franklin Gold & Precious Metals Fund take 201,575,000 GGP Shares

Post by CanisLycaon »

Yet another one added today, with Franklin Gold & Precious Metals Fund showing as taking up 201,575,000 of GGP shares:

https://www.franklintempleton.co.uk/our ... 0496367417

https://www.morningstar.com/stocks/xlon/ggp/ownership
"Every drill hole we put in there finds more gold"
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CanisLycaon
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Re: Franklin Gold & Precious Metals Fund take 201,575,000 GGP Shares

Post by CanisLycaon »

I've just looked a bit further into this and it appears that there are TWO separate funds, with different portfolio's.

The TOTAL shareholding appears to be 201,575,000 GBP + 85,300,000 GBP = 286,875,000 GBP Shares

This is also borne out by an amended figure in Morningstar, showing the TOTAL holdings as 286,875,000 for 'Franklin Advisors, Inc.' (Click on 'Major' and 'Institutions':

https://www.morningstar.com/stocks/xlon/ggp/ownership

The TWO separate portfolios can be found here (both dated 30th September 2024):

https://www.franklintempleton.com/forms ... 1-US-en-US

https://www.franklintempleton.co.uk/dow ... -en-GB.pdf

Pretty amazing! Nearly a 300 million shareholding!
"Every drill hole we put in there finds more gold"
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CanisLycaon
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Re: Franklin Gold & Precious Metals Fund take 201,575,000 GGP Shares

Post by CanisLycaon »

Sorry, typo: GGP, not GBP :oops:
"Every drill hole we put in there finds more gold"
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CanisLycaon
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Re: Franklin Gold & Precious Metals Fund take 201,575,000 GGP Shares

Post by CanisLycaon »

PS: If the numbers are correct, the Franklin total holdings now supersede the total Van Eck holdings of 244,207,988 shares.
"Every drill hole we put in there finds more gold"
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