Franklin Resources Portfolio holdings
Franklin Resources, Inc., commonly known as Franklin Templeton, was founded in 1947 by Rupert H. Johnson, Sr., and is headquartered in San Mateo, California, operating as a global investment management firm managing hundreds of billions in assets. The company offers a wide range of investment products, including mutual funds, ETFs, fixed-income portfolios, and alternative investments, serving individual investors, financial advisors, and institutions across over 150 countries. Known for its acquisition-driven growth—such as the 1992 purchase of Templeton Investments and the 2020 addition of Legg Mason—Franklin Templeton combines diverse strategies under a single brand, emphasizing both active management and income-focused solutions like its flagship Franklin Income Fund. With a reputation for adaptability and a client-centric approach, it remains a major player in the global asset management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Occidental Petroleum
OXY
|
+$634M |
| 2 |
CVS Health
CVS
|
+$597M |
| 3 |
3M
MMM
|
+$504M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$443M |
| 5 |
Kraft Heinz
KHC
|
+$397M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sempra
SRE
|
+$667M |
| 2 |
Merck
MRK
|
+$510M |
| 3 |
DuPont de Nemours
DD
|
+$487M |
| 4 |
UBS Group
UBS
|
+$482M |
| 5 |
Cummins
CMI
|
+$467M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.15% |
| 2 | Technology | 15.86% |
| 3 | Financials | 14.28% |
| 4 | Industrials | 9.17% |
| 5 | Communication Services | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.24B
| $207M | 0.11% |
1,903,331
+549,575
| +41% | +$59.3M |
|
227
LivaNova
LIVN
$4.3B
| $207M | 0.11% |
2,871,478
+906,708
| +46% | +$66.4M |
|
|
ALXN
228
DELISTED
Alexion Pharmaceuticals
ALXN
| $207M | 0.11% |
1,577,109
-47,852
| -3% | -$6.17M |
|
229
DTE Energy
DTE
$31.1B
| $205M | 0.11% |
1,883,839
+23,720
| +1% | +$2.55M |
|
230
Newell Brands
NWL
$2.14B
| $204M | 0.11% |
13,220,514
-626,963
| -5% | -$9.39M |
|
231
PVH
PVH
$3.72B
| $204M | 0.11% |
2,151,926
+910,586
| +73% | +$101M |
|
232
TAL Education Group
TAL
$5.72B
| $203M | 0.11% |
5,324,715
+36,064
| +0.7% | +$1.3M |
|
233
iShares Core MSCI Emerging Markets ETF
IEMG
$150B
| $199M | 0.11% |
3,861,556
-247,922
| -6% | -$12.7M |
|
234
Vertex Pharmaceuticals
VRTX
$122B
| $198M | 0.11% |
1,077,182
-82,941
| -7% | -$14.5M |
|
235
Alliant Energy
LNT
$19.3B
| $198M | 0.11% |
4,024,239
+18,153
| +0.5% | +$866K |
|
236
FirstEnergy
FE
$28.7B
| $197M | 0.1% |
4,600,040
-4,760
| -0.1% | -$200K |
|
237
AstraZeneca
AZN
$262B
| $194M | 0.1% |
2,350,775
+39,697
| +2% | +$3.11M |
|
|
SAGE
238
DELISTED
Sage Therapeutics
SAGE
| $192M | 0.1% |
1,047,212
-1,952
| -0.2% | -$333K |
|
239
Edison International
EIX
$30.6B
| $192M | 0.1% |
2,841,819
-3,455
| -0.1% | -$215K |
|
240
Teleflex
TFX
$5.87B
| $190M | 0.1% |
573,688
+6,119
| +1% | +$1.85M |
|
241
PTC Therapeutics
PTCT
$6.5B
| $188M | 0.1% |
4,188,140
+443,764
| +12% | +$17.5M |
|
|
CTLT
242
DELISTED
CATALENT, INC.
CTLT
| $188M | 0.1% |
3,473,503
+66,401
| +2% | +$3.04M |
|
243
Guidewire Software
GWRE
$11.4B
| $187M | 0.1% |
1,845,177
-47,743
| -3% | -$4.87M |
|
244
BWX Technologies
BWXT
$16.1B
| $186M | 0.1% |
3,578,275
+111,529
| +3% | +$5.57M |
|
245
Telus
TU
$15.9B
| $186M | 0.1% |
10,067,854
-2,291,162
| -19% | -$42.4M |
|
246
TE Connectivity
TEL
$58.7B
| $184M | 0.1% |
1,919,023
+253,307
| +15% | +$22.9M |
|
247
Public Service Enterprise Group
PEG
$39.9B
| $183M | 0.1% |
3,104,334
+49,830
| +2% | +$2.97M |
|
248
ASML
ASML
$685B
| $180M | 0.1% |
866,009
+10,802
| +1% | +$2.15M |
|
249
TSMC
TSM
$2.11T
| $180M | 0.1% |
4,589,040
-422,931
| -8% | -$17.4M |
|
250
WEC Energy
WEC
$37.6B
| $176M | 0.09% |
2,115,987
+18,776
| +0.9% | +$1.51M |
|
Similar funds
Franklin Resources's Q2 2019 Portfolio in Review
As of Q2 2019, Franklin Resources held 1,620 positions worth $188B, up 0.7% from $187B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $5.99B in Q2 2019, closing 78 positions and reducing 611 holdings. Its most notable exit was L3Harris, an estimated $48.7M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Dow Inc worth $256M.
- Franklin Resources's largest Q2 2019 buy was Dow Inc: 5,190,536 shares worth $256M.
- Franklin Resources added most to Occidental Petroleum in Q2 2019, an estimated $634M increase.
- Franklin Resources's biggest Q2 2019 reduction was Sempra, cutting an estimated $667M.
- Franklin Resources fully exited L3Harris in Q2 2019, selling an estimated $48.7M.
- Franklin Resources's ten largest holdings make up 12% of its $188B portfolio in Q2 2019.
- Franklin Resources opened 134 new positions and closed 78 in Q2 2019.
- Franklin Resources's portfolio value rose 0.7% quarter-over-quarter to $188B.
Based on Franklin Resources's 13F filing for Q2 2019, filed 14 Aug 2019.