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 | |
|---|---|---|---|---|---|---|
301
Hanover Insurance
THG
$7.63B
| $137M | 0.07% |
1,000,601
-34,992
| -3% | -$4.71M |
|
302
TJX Companies
TJX
$170B
| $134M | 0.07% |
2,199,983
-42,804
| -2% | -$2.53M |
|
303
CGI
GIB
$13.9B
| $134M | 0.07% |
1,604,212
-158,472
| -9% | -$12.8M |
|
|
AZPN
304
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $134M | 0.07% |
1,105,092
+139,786
| +14% | +$16.9M |
|
305
IBM
IBM
$202B
| $132M | 0.07% |
1,030,414
-1,460,017
| -59% | -$190M |
|
306
TransUnion
TRU
$14.8B
| $131M | 0.07% |
1,529,039
+628,927
| +70% | +$52.4M |
|
307
Rogers Communications
RCI
$17.7B
| $130M | 0.07% |
2,621,644
-214,325
| -8% | -$10.3M |
|
308
Sun Life Financial
SLF
$45.6B
| $130M | 0.07% |
2,840,731
-79,269
| -3% | -$3.57M |
|
309
Columbia Banking Systems
COLB
$9.02B
| $129M | 0.07% |
3,180,922
+259,800
| +9% | +$10.1M |
|
|
DOCU
310
DocuSign
DOCU
$9.63B
| $129M | 0.07% |
1,741,102
+50,702
| +3% | +$3.48M |
|
|
SRE.PRB
311
DELISTED
Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
| $129M | 0.07% |
1,081,650
| – | – |
|
312
T. Rowe Price
TROW
$25B
| $127M | 0.07% |
1,046,149
+43,956
| +4% | +$5.19M |
|
313
iHeartMedia
IHRT
$535M
| $127M | 0.07% |
7,532,695
-116,569
| -2% | -$1.77M |
|
314
Horace Mann Educators
HMN
$2.1B
| $127M | 0.07% |
2,902,580
+10,302
| +0.4% | +$455K |
|
315
Kennametal
KMT
$2.68B
| $125M | 0.07% |
3,386,642
-141,451
| -4% | -$4.73M |
|
316
Nucor
NUE
$56.4B
| $125M | 0.07% |
2,212,163
-27,923
| -1% | -$1.52M |
|
317
Pinnacle West Capital
PNW
$12.9B
| $124M | 0.07% |
1,382,500
-57,694
| -4% | -$5.21M |
|
318
Wyndham Hotels & Resorts
WH
$5.5B
| $124M | 0.07% |
1,973,036
+282,054
| +17% | +$15.7M |
|
319
Old Republic International
ORI
$10.3B
| $124M | 0.07% |
5,539,706
-39,118
| -0.7% | -$890K |
|
|
CHK
320
DELISTED
Chesapeake Energy Corporation
CHK
| $124M | 0.07% |
750,018
-440,005
| -37% | -$88.4M |
|
321
Elanco Animal Health
ELAN
$12.4B
| $124M | 0.06% |
4,193,978
+65,437
| +2% | +$1.78M |
|
322
Republic Services
RSG
$66.7B
| $123M | 0.06% |
1,372,280
+20,593
| +2% | +$1.8M |
|
323
Cable One
CABO
$213M
| $123M | 0.06% |
82,620
-1,886
| -2% | -$2.67M |
|
324
Regal Rexnord
RRX
$14.2B
| $122M | 0.06% |
1,426,152
-26,772
| -2% | -$2.12M |
|
325
Agilent Technologies
A
$39.1B
| $121M | 0.06% |
1,423,267
-36,128
| -2% | -$2.84M |
|
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.