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 | |
|---|---|---|---|---|---|---|
|
PPL
401
PPL Corp
PPL
$27.3B
| $88.3M | 0.05% |
2,460,722
+58,153
| +2% | +$1.95M |
|
402
Crown Holdings
CCK
$12.8B
| $87.6M | 0.05% |
1,207,856
-6,587
| -0.5% | -$470K |
|
403
Conagra Brands
CAG
$7.07B
| $87.4M | 0.05% |
2,553,110
+2,540,245
| +19,745% | +$73.6M |
|
|
FTV.PRA
404
DELISTED
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
| $87.2M | 0.05% |
89,601
+8,175
| +10% | +$7.61M |
|
|
CTRA
405
DELISTED
Coterra Energy
CTRA
| $86.8M | 0.05% |
4,985,727
-135,845
| -3% | -$2.36M |
|
|
GBT
406
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $86.3M | 0.05% |
1,086,276
-404,586
| -27% | -$24M |
|
407
Minerals Technologies
MTX
$2.31B
| $85.6M | 0.05% |
1,486,053
+154,045
| +12% | +$8.28M |
|
408
Guidewire Software
GWRE
$11.5B
| $83.8M | 0.04% |
763,596
-1,076,355
| -58% | -$120M |
|
409
Baxter International
BAX
$11.6B
| $83.2M | 0.04% |
995,535
+110,424
| +12% | +$9.14M |
|
410
UFP Industries
UFPI
$4.97B
| $82.6M | 0.04% |
1,732,606
-50,896
| -3% | -$2.4M |
|
411
McGrath RentCorp
MGRC
$2.94B
| $82.4M | 0.04% |
1,076,876
-273,471
| -20% | -$19.8M |
|
412
Carlisle Companies
CSL
$13.6B
| $82.4M | 0.04% |
508,854
+19,480
| +4% | +$3M |
|
413
Mercury Systems
MRCY
$6.2B
| $82.3M | 0.04% |
1,190,538
+242,421
| +26% | +$17.5M |
|
|
ALXN
414
DELISTED
Alexion Pharmaceuticals
ALXN
| $82M | 0.04% |
758,194
-407,545
| -35% | -$43.6M |
|
415
HDFC Bank
HDB
$119B
| $81.7M | 0.04% |
2,578,932
-306,304
| -11% | -$9.33M |
|
416
Brighthouse Financial
BHF
$3.63B
| $81.4M | 0.04% |
2,075,820
-418,876
| -17% | -$16.5M |
|
|
CXO
417
DELISTED
CONCHO RESOURCES INC.
CXO
| $81.3M | 0.04% |
928,912
-209,946
| -18% | -$15.1M |
|
|
SWP
418
DELISTED
Stanley Black & Decker, Inc. Corporate Units
SWP
| $81.3M | 0.04% |
745,000
+25,000
| +3% | +$2.62M |
|
|
COUP
419
DELISTED
Coupa Software Incorporated
COUP
| $81.2M | 0.04% |
555,184
+50,076
| +10% | +$7.15M |
|
420
Levi Strauss
LEVI
$9.44B
| $80.8M | 0.04% |
4,190,658
+451,490
| +12% | +$8.05M |
|
421
New Oriental
EDU
$7.84B
| $80.6M | 0.04% |
665,057
+170,051
| +34% | +$20.3M |
|
422
Equifax
EFX
$20.3B
| $79.2M | 0.04% |
564,947
-1,649
| -0.3% | -$228K |
|
|
BZUN
423
Baozun
BZUN
$144M
| $79M | 0.04% |
2,384,139
-20,724
| -0.9% | -$822K |
|
424
Reliance Steel & Aluminium
RS
$20.8B
| $78.3M | 0.04% |
653,585
-99,936
| -13% | -$11.3M |
|
425
Peloton Interactive
PTON
$2.63B
| $77.7M | 0.04% |
2,736,200
+1,114,100
| +69% | +$30M |
|
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.