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 | |
|---|---|---|---|---|---|---|
301
Elanco Animal Health
ELAN
$12.5B
| $128M | 0.07% |
3,798,403
+150,764
| +4% | +$4.89M |
|
|
BDXA
302
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
| $128M | 0.07% |
2,071,800
+154,800
| +8% | +$9.18M |
|
|
ALX
303
Alexander's
ALX
$1.39B
| $127M | 0.07% |
344,003
-34,094
| -9% | -$13M |
|
304
Spire
SR
$4.92B
| $126M | 0.07% |
1,504,648
-48,800
| -3% | -$4.09M |
|
|
TWOU
305
DELISTED
2U Inc
TWOU
| $126M | 0.07% |
111,682
-16,068
| -13% | -$23.7M |
|
306
Martin Marietta Materials
MLM
$33.7B
| $126M | 0.07% |
546,012
-18,972
| -3% | -$4.11M |
|
307
iShares Russell 2000 ETF
IWM
$80.9B
| $125M | 0.07% |
806,458
+54,172
| +7% | +$8.35M |
|
308
Gibraltar Industries
ROCK
$1.34B
| $124M | 0.07% |
3,080,820
-20,300
| -0.7% | -$789K |
|
309
BioMarin Pharmaceuticals
BMRN
$11.4B
| $124M | 0.07% |
1,450,101
-2,567
| -0.2% | -$220K |
|
310
Old Republic International
ORI
$10.2B
| $124M | 0.07% |
5,547,401
+19,422
| +0.4% | +$427K |
|
|
SIVB
311
DELISTED
SVB Financial Group
SIVB
| $123M | 0.07% |
549,039
+255,026
| +87% | +$59M |
|
312
Starbucks
SBUX
$118B
| $123M | 0.07% |
1,470,621
+42,787
| +3% | +$3.36M |
|
|
AABA
313
DELISTED
Altaba Inc
AABA
| $123M | 0.07% |
1,773,811
-4,867,342
| -73% | -$341M |
|
314
Haemonetics
HAE
$3.59B
| $123M | 0.07% |
1,021,835
+18,341
| +2% | +$1.8M |
|
315
Corning
GLW
$126B
| $123M | 0.07% |
3,687,720
+2,558,460
| +227% | +$82.1M |
|
316
Nucor
NUE
$56.2B
| $122M | 0.06% |
2,212,994
-2,381
| -0.1% | -$131K |
|
317
GoDaddy
GDDY
$12.3B
| $122M | 0.06% |
1,736,789
+2,283
| +0.1% | +$172K |
|
318
Republic Services
RSG
$66.7B
| $121M | 0.06% |
1,397,440
+376,715
| +37% | +$31.4M |
|
319
TJX Companies
TJX
$171B
| $121M | 0.06% |
2,289,238
+162,898
| +8% | +$8.66M |
|
320
Emerson Electric
EMR
$82.4B
| $121M | 0.06% |
1,812,931
+337,020
| +23% | +$22.6M |
|
321
Brown-Forman Class B
BF.B
$11.9B
| $121M | 0.06% |
2,179,663
-49,235
| -2% | -$2.63M |
|
|
DOCU
322
DocuSign
DOCU
$9.58B
| $120M | 0.06% |
2,419,083
+950,085
| +65% | +$50.7M |
|
|
SRE.PRB
323
DELISTED
Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
| $118M | 0.06% |
1,063,150
+72,400
| +7% | +$7.91M |
|
|
CTRA
324
DELISTED
Coterra Energy
CTRA
| $118M | 0.06% |
5,140,190
-294,867
| -5% | -$7.51M |
|
325
US Bancorp
USB
$99.4B
| $117M | 0.06% |
2,235,663
-182,512
| -8% | -$9.4M |
|
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.