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 |
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
|
+$675M |
| 2 |
Oracle
ORCL
|
+$536M |
| 3 |
Franklin US Core Bond ETF
FLCB
|
+$362M |
| 4 |
Franklin Investment Grade Corporate ETF
FLCO
|
+$336M |
| 5 |
Cisco
CSCO
|
+$241M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$615M |
| 2 |
Wells Fargo
WFC
|
+$530M |
| 3 |
JPMorgan Chase
JPM
|
+$377M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$334M |
| 5 |
Capital One
COF
|
+$331M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.91% |
| 2 | Healthcare | 15.8% |
| 3 | Financials | 13.51% |
| 4 | Industrials | 9.2% |
| 5 | Consumer Discretionary | 6.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
CenterPoint Energy
CNP
$29.1B
| $181M | 0.1% |
6,628,164
+800,719
| +14% | +$21.8M |
|
252
Archer Daniels Midland
ADM
$41.6B
| $179M | 0.09% |
3,861,543
-427,344
| -10% | -$18.2M |
|
253
Cardinal Health
CAH
$53.4B
| $179M | 0.09% |
3,533,557
-990,816
| -22% | -$51.2M |
|
254
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.6B
| $176M | 0.09% |
2,669,717
+99,197
| +4% | +$6.58M |
|
255
Biogen
BIIB
$29.9B
| $175M | 0.09% |
589,130
+16,529
| +3% | +$4.59M |
|
256
Rockwell Automation
ROK
$51.2B
| $175M | 0.09% |
861,445
-341,416
| -28% | -$63.3M |
|
|
SOLN
257
DELISTED
The Southern Company
SOLN
| $170M | 0.09% |
3,151,000
+151,000
| +5% | +$8M |
|
258
Atlassian
TEAM
$21.9B
| $169M | 0.09% |
1,402,835
+68,566
| +5% | +$8.35M |
|
259
State Street SPDR S&P 500 ETF Trust
SPY
$776B
| $168M | 0.09% |
521,159
-1,119
| -0.2% | -$345K |
|
260
Keysight
KEYS
$54B
| $167M | 0.09% |
1,631,694
+422,518
| +35% | +$43.2M |
|
261
Manulife Financial
MFC
$72.2B
| $167M | 0.09% |
8,221,219
-555,613
| -6% | -$10.6M |
|
262
Lamb Weston
LW
$6.88B
| $167M | 0.09% |
1,939,788
-529,690
| -21% | -$42.7M |
|
263
Costco
COST
$414B
| $166M | 0.09% |
565,793
-17,545
| -3% | -$5.21M |
|
|
VRN
264
DELISTED
Veren
VRN
| $165M | 0.09% |
37,109,025
+9,628,887
| +35% | +$37.6M |
|
265
WEC Energy
WEC
$37.7B
| $165M | 0.09% |
1,790,696
-88,671
| -5% | -$8.08M |
|
266
Lennar Class A
LEN
$20.3B
| $161M | 0.08% |
2,985,089
-339,944
| -10% | -$19.4M |
|
267
Celanese
CE
$5.1B
| $161M | 0.08% |
1,308,357
+4,102
| +0.3% | +$505K |
|
|
ANSS
268
DELISTED
Ansys
ANSS
| $160M | 0.08% |
622,880
+142,039
| +30% | +$33.6M |
|
|
AYX
269
DELISTED
Alteryx Inc
AYX
| $160M | 0.08% |
1,599,445
+236,935
| +17% | +$24.1M |
|
270
Public Service Enterprise Group
PEG
$39.8B
| $160M | 0.08% |
2,701,930
-589,848
| -18% | -$35.8M |
|
|
FISV
271
Fiserv Inc
FISV
$27.4B
| $158M | 0.08% |
1,370,036
-561,143
| -29% | -$62M |
|
272
Philip Morris
PM
$303B
| $158M | 0.08% |
1,854,689
-1,451,997
| -44% | -$120M |
|
|
NVRO
273
DELISTED
NEVRO CORP.
NVRO
| $157M | 0.08% |
1,332,644
-174,128
| -12% | -$17.2M |
|
274
nVent Electric
NVT
$24.4B
| $156M | 0.08% |
6,091,222
-35,615
| -0.6% | -$828K |
|
275
Martin Marietta Materials
MLM
$33.6B
| $156M | 0.08% |
556,382
-7,875
| -1% | -$2.1M |
|
Similar funds
Franklin Resources's Q4 2019 Portfolio in Review
As of Q4 2019, Franklin Resources held 1,610 positions worth $190B, up 3.4% from $184B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $9.13B in Q4 2019, closing 87 positions and reducing 698 holdings. Its most notable exit was Celgene Corp, an estimated $615M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A worth $707M.
- Franklin Resources's largest Q4 2019 buy was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A: 600,575 shares worth $707M.
- Franklin Resources added most to Oracle in Q4 2019, an estimated $536M increase.
- Franklin Resources's biggest Q4 2019 reduction was Wells Fargo, cutting an estimated $530M.
- Franklin Resources fully exited Celgene Corp in Q4 2019, selling an estimated $615M.
- Franklin Resources's ten largest holdings make up 12% of its $190B portfolio in Q4 2019.
- Franklin Resources opened 103 new positions and closed 87 in Q4 2019.
- Franklin Resources's portfolio value rose 3.4% quarter-over-quarter to $190B.
Based on Franklin Resources's 13F filing for Q4 2019, filed 12 Feb 2020.