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 | |
|---|---|---|---|---|---|---|
326
iShares MSCI EAFE ETF
EFA
$76.4B
| $121M | 0.06% |
1,747,230
+222,676
| +15% | +$15M |
|
|
NBIS
327
Nebius Group N.V.
NBIS
$47.7B
| $121M | 0.06% |
2,787,161
-76,872
| -3% | -$2.87M |
|
328
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.3B
| $121M | 0.06% |
2,078,296
-62,482
| -3% | -$3.62M |
|
329
US Bancorp
USB
$99.6B
| $120M | 0.06% |
2,022,968
-20,317
| -1% | -$1.17M |
|
330
Starbucks
SBUX
$118B
| $120M | 0.06% |
1,361,298
+117,735
| +9% | +$10M |
|
331
IQVIA
IQV
$34.7B
| $118M | 0.06% |
763,690
+113,551
| +17% | +$16.6M |
|
332
Ingevity
NGVT
$2.55B
| $118M | 0.06% |
1,348,238
-7,719
| -0.6% | -$675K |
|
333
Haemonetics
HAE
$3.58B
| $118M | 0.06% |
1,023,280
-3,190
| -0.3% | -$386K |
|
|
KSU
334
DELISTED
Kansas City Southern
KSU
| $118M | 0.06% |
767,583
-2,369
| -0.3% | -$348K |
|
335
AT&T
T
$165B
| $117M | 0.06% |
3,975,184
-423,999
| -10% | -$12.2M |
|
|
BSMX
336
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $116M | 0.06% |
17,096,308
-139,082
| -0.8% | -$925K |
|
337
iShares Russell 2000 ETF
IWM
$80.9B
| $116M | 0.06% |
698,626
-22,476
| -3% | -$3.55M |
|
338
Alamos Gold
AGI
$12.4B
| $116M | 0.06% |
19,184,935
-3,945,216
| -17% | -$21.6M |
|
339
NiSource
NI
$22.4B
| $115M | 0.06% |
4,144,683
+266,179
| +7% | +$7.3M |
|
340
Q2 Holdings
QTWO
$3.42B
| $115M | 0.06% |
1,419,909
+182,584
| +15% | +$14M |
|
|
SNV
341
DELISTED
Synovus
SNV
| $115M | 0.06% |
2,932,508
+447,370
| +18% | +$16.4M |
|
342
Thermo Fisher Scientific
TMO
$211B
| $115M | 0.06% |
352,590
+730
| +0.2% | +$221K |
|
343
Carter's
CRI
$1.43B
| $114M | 0.06% |
1,044,761
+2,445
| +0.2% | +$248K |
|
344
Brown-Forman Class B
BF.B
$12B
| $114M | 0.06% |
1,685,705
+13,363
| +0.8% | +$868K |
|
345
Ascendis Pharma A/S
ASND
$16.7B
| $114M | 0.06% |
818,742
-59,492
| -7% | -$6.61M |
|
|
UNVR
346
DELISTED
Univar Solutions Inc.
UNVR
| $114M | 0.06% |
4,696,805
-751,943
| -14% | -$17M |
|
347
American Express
AXP
$223B
| $114M | 0.06% |
912,611
-64,800
| -7% | -$7.74M |
|
348
Dentsply Sirona
XRAY
$2.59B
| $113M | 0.06% |
1,990,217
+15,345
| +0.8% | +$856K |
|
349
Oshkosh
OSK
$9.67B
| $113M | 0.06% |
1,189,127
+186,327
| +19% | +$16.1M |
|
350
HEICO Corp
HEI
$48.9B
| $112M | 0.06% |
982,402
-2,973
| -0.3% | -$366K |
|
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.