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 | |
|---|---|---|---|---|---|---|
401
BioMarin Pharmaceuticals
BMRN
$11.5B
| $83.1M | 0.05% |
1,232,867
-217,234
| -15% | -$16.7M |
|
402
GoDaddy
GDDY
$12.3B
| $83M | 0.05% |
1,258,219
-478,570
| -28% | -$32.4M |
|
|
WTRU
403
DELISTED
Essential Utilities, Inc.6.00% Tangible Equity Units
WTRU
| $82.3M | 0.04% |
1,358,900
+398,900
| +42% | +$23.3M |
|
404
HDFC Bank
HDB
$119B
| $82.3M | 0.04% |
2,885,236
+351,616
| +14% | +$10M |
|
405
Zscaler
ZS
$23B
| $81.9M | 0.04% |
1,732,608
-299,686
| -15% | -$21.6M |
|
406
Liberty Broadband Class C
LBRDK
$4.15B
| $80.4M | 0.04% |
768,272
-73,027
| -9% | -$7.62M |
|
407
Crown Holdings
CCK
$12.8B
| $80.2M | 0.04% |
1,214,443
+1,063,995
| +707% | +$68.2M |
|
408
Lakeland Financial Corp
LKFN
$1.52B
| $80.2M | 0.04% |
1,823,330
| – | – |
|
|
CHX
409
DELISTED
ChampionX
CHX
| $80.1M | 0.04% |
2,962,783
+43,502
| +1% | +$1.27M |
|
410
Essential Utilities
WTRG
$11.2B
| $80.1M | 0.04% |
1,786,400
-4,600
| -0.3% | -$197K |
|
411
Equifax
EFX
$20.3B
| $79.7M | 0.04% |
566,596
+1,824
| +0.3% | +$257K |
|
412
Liberty Broadband Class A
LBRDA
$4.14B
| $79.2M | 0.04% |
757,665
+149,990
| +25% | +$15.5M |
|
413
Caterpillar
CAT
$409B
| $79.2M | 0.04% |
626,900
-1,978
| -0.3% | -$251K |
|
414
B2Gold
BTG
$5.16B
| $78.6M | 0.04% |
24,147,306
-1,999,708
| -8% | -$6.73M |
|
415
Baxter International
BAX
$11.6B
| $77.4M | 0.04% |
885,111
+97,388
| +12% | +$8.31M |
|
|
CXO
416
DELISTED
CONCHO RESOURCES INC.
CXO
| $77.3M | 0.04% |
1,138,858
+24,981
| +2% | +$2.03M |
|
417
Upwork
UPWK
$1.09B
| $77.3M | 0.04% |
5,809,616
+1,067,754
| +23% | +$16.3M |
|
418
Mercury Systems
MRCY
$6.2B
| $77M | 0.04% |
948,117
+57,656
| +6% | +$4.55M |
|
419
iRhythm Holdings
IRTC
$3.59B
| $76.9M | 0.04% |
1,037,055
+13,303
| +1% | +$1.03M |
|
420
Oshkosh
OSK
$9.67B
| $76M | 0.04% |
1,002,800
+112,700
| +13% | +$8.62M |
|
421
Under Armour
UAA
$3B
| $75.8M | 0.04% |
3,803,850
+25,177
| +0.7% | +$556K |
|
|
PPL
422
PPL Corp
PPL
$27.3B
| $75.7M | 0.04% |
2,402,569
+54,924
| +2% | +$1.66M |
|
423
Allegion
ALLE
$13B
| $75.4M | 0.04% |
727,043
+10,201
| +1% | +$1.04M |
|
424
Reliance Steel & Aluminium
RS
$20.8B
| $75.1M | 0.04% |
753,521
-57,411
| -7% | -$5.61M |
|
|
DHR.PRA
425
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| $74.9M | 0.04% |
65,700
+1,700
| +3% | +$1.92M |
|
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.