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 | |
|---|---|---|---|---|---|---|
251
Netflix
NFLX
$291B
| $176M | 0.09% |
4,787,930
-23,150
| -0.5% | -$835K |
|
252
Vornado Realty Trust
VNO
$7.52B
| $175M | 0.09% |
2,737,354
-423,256
| -13% | -$28.5M |
|
253
Alamos Gold
AGI
$12.6B
| $175M | 0.09% |
29,003,243
-1,800,656
| -6% | -$8.96M |
|
254
Illinois Tool Works
ITW
$81.3B
| $175M | 0.09% |
1,161,762
+42,412
| +4% | +$6.4M |
|
255
Waters Corp
WAT
$36.8B
| $174M | 0.09% |
807,398
-159,384
| -16% | -$34.8M |
|
256
Heron Therapeutics
HRTX
$85.3M
| $173M | 0.09% |
9,325,527
+746,650
| +9% | +$14.9M |
|
257
Iovance Biotherapeutics
IOVA
$2.27B
| $173M | 0.09% |
7,054,982
-1,229,917
| -15% | -$18.5M |
|
258
Automatic Data Processing
ADP
$99.6B
| $173M | 0.09% |
1,045,615
+12,848
| +1% | +$2.09M |
|
259
W.W. Grainger
GWW
$64.9B
| $171M | 0.09% |
636,047
+12,802
| +2% | +$3.59M |
|
|
CNH
260
CNH Industrial
CNH
$13.7B
| $169M | 0.09% |
18,993,572
-19,034,020
| -50% | -$166M |
|
261
Donaldson
DCI
$10.8B
| $169M | 0.09% |
3,321,616
+20,112
| +0.6% | +$1.02M |
|
262
CenterPoint Energy
CNP
$29.1B
| $167M | 0.09% |
5,828,600
+696,084
| +14% | +$20.8M |
|
263
Franco-Nevada
FNV
$41.5B
| $163M | 0.09% |
1,916,889
-785,627
| -29% | -$59.3M |
|
264
S&P Global
SPGI
$126B
| $161M | 0.09% |
705,082
+49,737
| +8% | +$10.9M |
|
265
Everest Group
EG
$15.2B
| $160M | 0.09% |
647,463
-43,022
| -6% | -$10.3M |
|
266
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.6B
| $160M | 0.09% |
2,421,568
+215,208
| +10% | +$13.9M |
|
267
Manulife Financial
MFC
$72.5B
| $159M | 0.08% |
8,741,452
-881,395
| -9% | -$15.7M |
|
268
British American Tobacco
BTI
$132B
| $158M | 0.08% |
4,532,334
-88,756
| -2% | -$3.36M |
|
269
Costco
COST
$414B
| $157M | 0.08% |
595,664
+12,503
| +2% | +$3.12M |
|
270
Atlassian
TEAM
$21.6B
| $157M | 0.08% |
1,200,238
+600,675
| +100% | +$72.4M |
|
271
Zscaler
ZS
$22.8B
| $156M | 0.08% |
2,032,294
-308,142
| -13% | -$22M |
|
272
State Street SPDR S&P 500 ETF Trust
SPY
$781B
| $155M | 0.08% |
530,621
+12,971
| +3% | +$3.74M |
|
273
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $155M | 0.08% |
1,719,924
+24,975
| +1% | +$2.18M |
|
274
Lennar Class A
LEN
$20.5B
| $154M | 0.08% |
3,289,700
-152,801
| -4% | -$7.62M |
|
275
Consolidated Edison
ED
$41.7B
| $154M | 0.08% |
1,758,859
+127,680
| +8% | +$11M |
|
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.