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 | |
|---|---|---|---|---|---|---|
276
Cencora
COR
$60.3B
| $155M | 0.08% |
1,819,385
-873,821
| -32% | -$74.9M |
|
277
Franklin Emerging Market Core Dividend Tilt Index ETF
DIEM
$69.1M
| $154M | 0.08% |
5,186,939
-5,200,545
| -50% | -$154M |
|
278
MarketAxess Holdings
MKTX
$4.15B
| $154M | 0.08% |
407,509
-25,779
| -6% | -$9.46M |
|
279
Trane Technologies
TT
$106B
| $154M | 0.08% |
1,155,251
-23,263
| -2% | -$2.95M |
|
280
Toll Brothers
TOL
$14B
| $153M | 0.08% |
3,870,511
-73,495
| -2% | -$2.94M |
|
281
Iovance Biotherapeutics
IOVA
$2.23B
| $152M | 0.08% |
5,477,756
-1,089,720
| -17% | -$24.8M |
|
282
Consolidated Edison
ED
$41.6B
| $152M | 0.08% |
1,675,159
+114,611
| +7% | +$10.3M |
|
283
Emerson Electric
EMR
$82.9B
| $151M | 0.08% |
1,982,966
+87,821
| +5% | +$6.33M |
|
284
KLA
KLAC
$275B
| $148M | 0.08% |
8,305,600
+427,570
| +5% | +$7.17M |
|
285
Viasat
VSAT
$9.79B
| $148M | 0.08% |
2,017,748
+152,094
| +8% | +$10.9M |
|
|
DCPH
286
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $148M | 0.08% |
2,372,722
+1,562,662
| +193% | +$74.3M |
|
287
iShares Core MSCI Emerging Markets ETF
IEMG
$149B
| $148M | 0.08% |
2,745,541
-949,739
| -26% | -$48.9M |
|
288
Franco-Nevada
FNV
$41.4B
| $147M | 0.08% |
1,427,969
-153,502
| -10% | -$14.8M |
|
289
Fortis
FTS
$30B
| $147M | 0.08% |
3,544,759
+7,970
| +0.2% | +$326K |
|
290
Applied Materials
AMAT
$426B
| $146M | 0.08% |
2,397,953
-101,499
| -4% | -$5.7M |
|
291
Nutrien
NTR
$32.7B
| $146M | 0.08% |
3,040,182
+315,272
| +12% | +$15.2M |
|
292
Vanguard Total International Bond ETF
BNDX
$82B
| $145M | 0.08% |
2,556,152
+178,477
| +8% | +$10.4M |
|
293
Brixmor Property Group
BRX
$9.95B
| $144M | 0.08% |
6,664,119
-42,015
| -0.6% | -$897K |
|
294
CAE Inc. Common Shares
CAE
$8.1B
| $143M | 0.08% |
5,412,780
+441,224
| +9% | +$11.4M |
|
295
Ameren
AEE
$31.5B
| $143M | 0.08% |
1,861,294
+705,864
| +61% | +$53.6M |
|
296
HubSpot
HUBS
$10.5B
| $142M | 0.07% |
895,661
+91,723
| +11% | +$14M |
|
297
Trimble
TRMB
$12.3B
| $141M | 0.07% |
3,381,227
-8,819
| -0.3% | -$351K |
|
|
PPLI
298
People Inc
PPLI
$3.1B
| $140M | 0.07% |
3,143,265
-4,756
| -0.2% | -$192K |
|
|
SRE.PRA
299
DELISTED
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
| $140M | 0.07% |
1,163,150
-65,000
| -5% | -$7.66M |
|
|
BDXA
300
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
| $139M | 0.07% |
2,129,623
+32,823
| +2% | +$2.03M |
|
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.