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 | |
|---|---|---|---|---|---|---|
|
BDXA
301
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
| $130M | 0.07% |
2,096,800
+25,000
| +1% | +$1.55M |
|
|
NVRO
302
DELISTED
NEVRO CORP.
NVRO
| $130M | 0.07% |
1,506,772
-573,347
| -28% | -$43.4M |
|
303
Haemonetics
HAE
$3.58B
| $129M | 0.07% |
1,026,470
+4,635
| +0.5% | +$588K |
|
|
SRE.PRB
304
DELISTED
Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
| $127M | 0.07% |
1,081,650
+18,500
| +2% | +$2.11M |
|
305
Emerson Electric
EMR
$82.9B
| $127M | 0.07% |
1,895,145
+82,214
| +5% | +$5.17M |
|
306
CAE Inc. Common Shares
CAE
$8.1B
| $126M | 0.07% |
4,971,556
+1,386,468
| +39% | +$36.5M |
|
307
AT&T
T
$165B
| $126M | 0.07% |
4,399,183
-11,260,586
| -72% | -$298M |
|
308
KLA
KLAC
$275B
| $126M | 0.07% |
7,878,030
-509,910
| -6% | -$7.13M |
|
309
TJX Companies
TJX
$170B
| $125M | 0.07% |
2,242,787
-46,451
| -2% | -$2.53M |
|
310
Applied Materials
AMAT
$426B
| $125M | 0.07% |
2,499,452
-82,872
| -3% | -$4M |
|
311
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.3B
| $124M | 0.07% |
2,140,778
+427,221
| +25% | +$24.5M |
|
312
HEICO Corp
HEI
$48.9B
| $123M | 0.07% |
985,375
-31,769
| -3% | -$4.34M |
|
|
PPLI
313
People Inc
PPLI
$3.1B
| $123M | 0.07% |
3,148,021
+423,578
| +16% | +$18.1M |
|
314
HubSpot
HUBS
$10.5B
| $122M | 0.07% |
803,938
-17,719
| -2% | -$3.18M |
|
315
Eagle Materials
EXP
$6.6B
| $122M | 0.07% |
1,350,109
+159,406
| +13% | +$13.7M |
|
316
Norfolk Southern
NSC
$78.8B
| $121M | 0.07% |
672,291
+398,509
| +146% | +$73.3M |
|
317
Bright Horizons
BFAM
$3.99B
| $120M | 0.07% |
789,864
+72,726
| +10% | +$11.4M |
|
318
Iovance Biotherapeutics
IOVA
$2.23B
| $120M | 0.06% |
6,567,476
-487,506
| -7% | -$10.8M |
|
319
IMAX
IMAX
$2.38B
| $119M | 0.06% |
5,439,727
+140,094
| +3% | +$2.97M |
|
320
Dow Inc
DOW
$21.6B
| $119M | 0.06% |
2,498,790
-2,691,746
| -52% | -$126M |
|
|
AZPN
321
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $119M | 0.06% |
965,306
+27,347
| +3% | +$3.37M |
|
322
Keysight
KEYS
$54.5B
| $118M | 0.06% |
1,209,176
+287,908
| +31% | +$26.7M |
|
|
VRN
323
DELISTED
Veren
VRN
| $117M | 0.06% |
27,480,138
-1,481,609
| -5% | -$5.13M |
|
324
Mueller Water Products
MWA
$3.92B
| $117M | 0.06% |
10,425,030
-1,044,048
| -9% | -$10.7M |
|
325
Republic Services
RSG
$66.7B
| $117M | 0.06% |
1,351,687
-45,753
| -3% | -$4.02M |
|
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.