Franklin Resources (BEN) Surged 47.3% in Q2: Why Investors Took Notice

In the second quarter of 2026, Kopernik Global All-Cap Fund experienced a 47.3% surge, driven by an investment in Franklin Resources Inc. (NYSE:BEN). The global asset-management firm attributed the strong performance to its long-term, fundamentals-based value strategy, viewing market volatility as an opportunity to add to securities trading at significant discounts to their risk-adjusted intrinsic value.

Franklin Resources Inc., now Franklin Templeton Inc., is a global asset manager offering investment management and related services. The company's shares closed at approximately $33.01 per share on September 18, 2026, with a market capitalization of about $17.09 billion. Despite a 6.60% decline for Class I shares and a 14.93% gain for the MSCI ACWI during the quarter, Kopernik Global All-Cap Fund's allocation to Franklin Resources Inc. generated a substantial return of 47.3%.