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 |
SLB Ltd
SLB
|
+$719M |
| 2 |
Franklin US Core Bond ETF
FLCB
|
+$536M |
| 3 |
Occidental Petroleum
OXY
|
+$462M |
| 4 |
B
Barrick Mining
B
|
+$396M |
| 5 |
CHK
Chesapeake Energy Corporation
CHK
|
+$387M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RHT
Red Hat Inc
RHT
|
+$610M |
| 2 |
APC
Anadarko Petroleum
APC
|
+$568M |
| 3 |
Target
TGT
|
+$560M |
| 4 |
Medtronic
MDT
|
+$446M |
| 5 |
Ford
F
|
+$442M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.76% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 14.11% |
| 4 | Industrials | 9.28% |
| 5 | Utilities | 7.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Stanley Black & Decker
SWK
$14.2B
| $210M | 0.11% |
1,452,688
-4,508
| -0.3% | -$637K |
|
227
Enbridge
ENB
$124B
| $209M | 0.11% |
5,932,600
-430,385
| -7% | -$14.9M |
|
|
MRO
228
DELISTED
Marathon Oil Corporation
MRO
| $206M | 0.11% |
16,799,093
+309,435
| +2% | +$4M |
|
229
Corning
GLW
$126B
| $205M | 0.11% |
7,187,138
+3,499,418
| +95% | +$105M |
|
230
Public Service Enterprise Group
PEG
$39.8B
| $204M | 0.11% |
3,291,778
+187,444
| +6% | +$11.2M |
|
231
BWX Technologies
BWXT
$16B
| $201M | 0.11% |
3,510,938
-67,337
| -2% | -$3.76M |
|
|
FISV
232
Fiserv Inc
FISV
$27.2B
| $200M | 0.11% |
1,931,179
+652,142
| +51% | +$66.6M |
|
233
Rockwell Automation
ROK
$51.4B
| $198M | 0.11% |
1,202,861
-306,229
| -20% | -$48.4M |
|
234
Regeneron Pharmaceuticals
REGN
$68.8B
| $195M | 0.11% |
702,015
+20,208
| +3% | +$5.98M |
|
235
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.1B
| $195M | 0.11% |
2,134,178
+414,254
| +24% | +$37.5M |
|
236
PVH
PVH
$3.71B
| $194M | 0.11% |
2,198,875
+46,949
| +2% | +$3.92M |
|
237
Guidewire Software
GWRE
$11.5B
| $194M | 0.11% |
1,839,951
-5,226
| -0.3% | -$527K |
|
238
Itaú Unibanco
ITUB
$91.3B
| $192M | 0.1% |
31,336,801
-36,750
| -0.1% | -$238K |
|
239
W.W. Grainger
GWW
$65.3B
| $191M | 0.1% |
644,359
+8,312
| +1% | +$2.31M |
|
240
Heron Therapeutics
HRTX
$86.3M
| $191M | 0.1% |
10,335,031
+1,009,504
| +11% | +$18.6M |
|
241
Teleflex
TFX
$5.85B
| $190M | 0.1% |
558,876
-14,812
| -3% | -$5.16M |
|
242
Coty
COTY
$2.33B
| $187M | 0.1% |
17,823,189
-2,424,938
| -12% | -$25.1M |
|
243
Telus
TU
$16B
| $187M | 0.1% |
10,459,246
+391,392
| +4% | +$7.12M |
|
244
Illinois Tool Works
ITW
$81.4B
| $186M | 0.1% |
1,188,296
+26,534
| +2% | +$4.03M |
|
245
PTC Therapeutics
PTCT
$6.37B
| $184M | 0.1% |
5,428,649
+1,240,509
| +30% | +$54M |
|
246
iShares Core MSCI Emerging Markets ETF
IEMG
$149B
| $181M | 0.1% |
3,695,280
-166,276
| -4% | -$8.25M |
|
247
Lennar Class A
LEN
$20.4B
| $180M | 0.1% |
3,325,033
+35,333
| +1% | +$1.72M |
|
248
Vornado Realty Trust
VNO
$7.47B
| $180M | 0.1% |
2,821,028
+83,674
| +3% | +$5.26M |
|
249
Lamb Weston
LW
$6.85B
| $180M | 0.1% |
2,469,478
+272,489
| +12% | +$18.7M |
|
250
TE Connectivity
TEL
$58.8B
| $179M | 0.1% |
1,922,709
+3,686
| +0.2% | +$339K |
|
Similar funds
Franklin Resources's Q3 2019 Portfolio in Review
As of Q3 2019, Franklin Resources held 1,609 positions worth $184B, down 2.1% from $188B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $6.67B in Q3 2019, closing 103 positions and reducing 641 holdings. Its most notable exit was Red Hat Inc, an estimated $610M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Franklin US Core Bond ETF worth $537M.
- Franklin Resources's largest Q3 2019 buy was Franklin US Core Bond ETF: 21,301,140 shares worth $537M.
- Franklin Resources added most to SLB Ltd in Q3 2019, an estimated $719M increase.
- Franklin Resources's biggest Q3 2019 reduction was Target, cutting an estimated $560M.
- Franklin Resources fully exited Red Hat Inc in Q3 2019, selling an estimated $610M.
- Franklin Resources's ten largest holdings make up 12% of its $184B portfolio in Q3 2019.
- Franklin Resources opened 65 new positions and closed 103 in Q3 2019.
- Franklin Resources's portfolio value fell 2.1% quarter-over-quarter to $184B.
Based on Franklin Resources's 13F filing for Q3 2019, filed 14 Nov 2019.