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 | |
|---|---|---|---|---|---|---|
351
Eagle Materials
EXP
$6.6B
| $111M | 0.06% |
1,228,226
-121,883
| -9% | -$11.2M |
|
352
Matthews International
MATW
$864M
| $111M | 0.06% |
2,912,347
-32,975
| -1% | -$1.21M |
|
353
Mueller Water Products
MWA
$3.92B
| $111M | 0.06% |
9,274,730
-1,150,300
| -11% | -$13.1M |
|
|
TCF
354
DELISTED
TCF Financial Corporation Common Stock
TCF
| $111M | 0.06% |
2,371,577
+43,781
| +2% | +$1.82M |
|
355
Bright Horizons
BFAM
$3.99B
| $110M | 0.06% |
729,841
-60,023
| -8% | -$9.01M |
|
356
Moody's
MCO
$82.4B
| $109M | 0.06% |
460,265
+36,175
| +9% | +$8.04M |
|
357
Zurn Elkay Water Solutions
ZWS
$8.07B
| $109M | 0.06% |
6,911,650
+2,283,623
| +49% | +$32.8M |
|
358
Home Depot
HD
$332B
| $108M | 0.06% |
493,571
+7,022
| +1% | +$1.59M |
|
|
CYBR
359
DELISTED
CyberArk
CYBR
| $108M | 0.06% |
923,778
+907,364
| +5,528% | +$102M |
|
360
Energizer
ENR
$1.44B
| $107M | 0.06% |
2,138,358
-278,864
| -12% | -$12.8M |
|
|
BKI
361
DELISTED
Black Knight, Inc. Common Stock
BKI
| $107M | 0.06% |
1,661,817
+85,099
| +5% | +$5.27M |
|
362
Deere & Co
DE
$170B
| $106M | 0.06% |
614,017
+66,278
| +12% | +$11.4M |
|
363
Axalta
AXTA
$7.01B
| $106M | 0.06% |
3,495,234
-13,373
| -0.4% | -$394K |
|
364
Ametek
AME
$55.5B
| $106M | 0.06% |
1,058,813
-7,300
| -0.7% | -$692K |
|
365
Mondelez International
MDLZ
$77.7B
| $105M | 0.06% |
1,910,544
+1,595
| +0.1% | +$85.3K |
|
366
IMAX
IMAX
$2.38B
| $104M | 0.05% |
5,102,746
-336,981
| -6% | -$7.19M |
|
367
Paylocity
PCTY
$6.71B
| $104M | 0.05% |
858,817
+238,630
| +38% | +$26.1M |
|
368
Plexus
PLXS
$6.81B
| $104M | 0.05% |
1,347,067
-397,700
| -23% | -$28.9M |
|
369
Ulta Beauty
ULTA
$20.4B
| $103M | 0.05% |
405,756
+51,742
| +15% | +$12.6M |
|
|
TXNM
370
TXNM Energy Inc
TXNM
$6.47B
| $102M | 0.05% |
2,003,159
-1,654
| -0.1% | -$83K |
|
371
Quest Diagnostics
DGX
$25.1B
| $101M | 0.05% |
942,977
+5,020
| +0.5% | +$524K |
|
372
OneSpaWorld
OSW
$2.67B
| $100M | 0.05% |
5,954,197
-92,700
| -2% | -$1.46M |
|
373
argenx
ARGX
$57.4B
| $100M | 0.05% |
623,968
+104,441
| +20% | +$14.1M |
|
|
CHX
374
DELISTED
ChampionX
CHX
| $100M | 0.05% |
2,963,365
+582
| +0% | +$15.8K |
|
375
Open Text
OTEX
$5.43B
| $100M | 0.05% |
2,268,119
+937,241
| +70% | +$39.4M |
|
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.