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 | |
|---|---|---|---|---|---|---|
376
Vistra
VST
$55.1B
| $99.6M | 0.05% |
4,333,941
-8,773,404
| -67% | -$226M |
|
377
Cloudflare
NET
$93B
| $99.5M | 0.05% |
5,925,638
+3,069,938
| +108% | +$52.3M |
|
|
DHR.PRA
378
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| $99.2M | 0.05% |
84,100
+18,400
| +28% | +$20.7M |
|
379
Tapestry
TPR
$28.8B
| $99M | 0.05% |
3,669,228
-229,029
| -6% | -$5.97M |
|
|
VISN
380
Vistance Networks Inc
VISN
$2.66B
| $98.8M | 0.05% |
6,963,082
-8,178,753
| -54% | -$106M |
|
381
Zscaler
ZS
$23B
| $98.5M | 0.05% |
2,119,305
+386,697
| +22% | +$17.9M |
|
|
COHR
382
DELISTED
Coherent Inc
COHR
| $95.8M | 0.05% |
576,022
-108,500
| -16% | -$16.8M |
|
383
Deutsche Bank
DB
$66.3B
| $95.4M | 0.05% |
12,298,106
-31,358
| -0.3% | -$235K |
|
384
Chipotle Mexican Grill
CMG
$40.8B
| $95.3M | 0.05% |
5,691,450
+4,130,350
| +265% | +$66.3M |
|
385
Liberty Broadband Class C
LBRDK
$4.15B
| $95.2M | 0.05% |
757,182
-11,090
| -1% | -$1.29M |
|
386
Liberty Broadband Class A
LBRDA
$4.14B
| $94.5M | 0.05% |
758,561
+896
| +0.1% | +$104K |
|
387
B2Gold
BTG
$5.16B
| $93.9M | 0.05% |
23,401,310
-745,996
| -3% | -$2.63M |
|
388
Gibraltar Industries
ROCK
$1.34B
| $93.7M | 0.05% |
1,857,499
-584,083
| -24% | -$29.3M |
|
389
Caterpillar
CAT
$409B
| $92.6M | 0.05% |
627,113
+213
| +0% | +$29.7K |
|
390
Suncor Energy
SU
$77.7B
| $91.9M | 0.05% |
2,803,013
+53,399
| +2% | +$1.67M |
|
391
Highwoods Properties
HIW
$3.71B
| $91.9M | 0.05% |
1,879,042
-1,192
| -0.1% | -$55.1K |
|
392
Liberty Global Class C
LBTYK
$3.27B
| $91.8M | 0.05% |
4,211,567
+518,934
| +14% | +$11.7M |
|
393
Diamondback Energy
FANG
$57.6B
| $91.6M | 0.05% |
986,065
+1,156
| +0.1% | +$96K |
|
394
Allegion
ALLE
$13B
| $91.1M | 0.05% |
731,544
+4,501
| +0.6% | +$519K |
|
395
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
| $90.3M | 0.05% |
1,026,473
-17,838
| -2% | -$1.55M |
|
|
RPAI
396
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $90.2M | 0.05% |
6,734,096
-439,141
| -6% | -$5.9M |
|
397
GoDaddy
GDDY
$12.3B
| $89.7M | 0.05% |
1,321,093
+62,874
| +5% | +$4.16M |
|
398
Lakeland Financial Corp
LKFN
$1.52B
| $89.2M | 0.05% |
1,823,330
| – | – |
|
|
ALX
399
Alexander's
ALX
$1.4B
| $89M | 0.05% |
269,485
-35,512
| -12% | -$11.9M |
|
400
Expedia Group
EXPE
$31.2B
| $88.4M | 0.05% |
817,290
+69,430
| +9% | +$8.15M |
|
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.