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 | |
|---|---|---|---|---|---|---|
426
MongoDB
MDB
$24B
| $77.5M | 0.04% |
588,988
-13,922
| -2% | -$1.83M |
|
427
Franklin FTSE Japan ETF
FLJP
$3.93B
| $77.3M | 0.04% |
2,957,935
-10,788
| -0.4% | -$280K |
|
428
Wingstop
WING
$3.68B
| $76.9M | 0.04% |
891,971
+203,130
| +29% | +$16.9M |
|
429
Under Armour
UAA
$3B
| $76.7M | 0.04% |
3,552,759
-251,091
| -7% | -$4.88M |
|
430
Spire
SR
$4.92B
| $75.7M | 0.04% |
909,163
-428,600
| -32% | -$35.1M |
|
431
Estee Lauder
EL
$29B
| $74.7M | 0.04% |
361,596
+17,050
| +5% | +$3.31M |
|
432
Western Alliance Bancorporation
WAL
$9.07B
| $73.5M | 0.04% |
1,289,939
-1,390
| -0.1% | -$71K |
|
433
Cummins
CMI
$91.7B
| $73M | 0.04% |
407,802
-103,762
| -20% | -$18.3M |
|
434
Church & Dwight Co
CHD
$23.1B
| $72.3M | 0.04% |
1,028,134
+124,043
| +14% | +$8.81M |
|
435
Guardant Health
GH
$19.5B
| $72.3M | 0.04% |
924,971
+254,288
| +38% | +$18.3M |
|
436
Global Payments
GPN
$22.1B
| $72M | 0.04% |
394,215
+27,154
| +7% | +$4.66M |
|
437
Advanced Energy
AEIS
$12.2B
| $71.1M | 0.04% |
998,988
-271,608
| -21% | -$16.9M |
|
438
Prologis
PLD
$138B
| $70.8M | 0.04% |
794,032
-7,918
| -1% | -$702K |
|
439
Nomad Foods
NOMD
$1.64B
| $70.8M | 0.04% |
3,163,177
+69,152
| +2% | +$1.41M |
|
|
BMTC
440
DELISTED
Bryn Mawr Bank Corp
BMTC
| $70M | 0.04% |
1,697,436
+67,877
| +4% | +$2.62M |
|
441
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $69.9M | 0.04% |
1,698,170
-145,920
| -8% | -$5.78M |
|
442
Jack in the Box
JACK
$278M
| $69.8M | 0.04% |
895,123
+128,893
| +17% | +$10.7M |
|
443
Floor & Decor
FND
$5.81B
| $69.5M | 0.04% |
1,368,169
+966,169
| +240% | +$45.3M |
|
|
AVTR.PRA
444
DELISTED
Avantor, Inc. Series A Mandatory Convertible Preferred Stock
AVTR.PRA
| $69.3M | 0.04% |
1,100,000
+75,000
| +7% | +$4.28M |
|
445
Inspire Medical Systems
INSP
$1.42B
| $69.3M | 0.04% |
933,791
+56
| +0% | +$3.6K |
|
|
IFFT
446
DELISTED
International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
| $69.2M | 0.04% |
1,442,242
| – | – |
|
447
Five Below
FIVE
$11.2B
| $68.4M | 0.04% |
535,205
+96,243
| +22% | +$12.1M |
|
448
Berkshire Hathaway Class A
BRK.A
$1.07T
| $67.6M | 0.04% |
199
-3
| -1% | -$977K |
|
449
Oneok
OKE
$58.7B
| $67.6M | 0.04% |
892,744
-69,908
| -7% | -$5M |
|
450
Penumbra
PEN
$12.5B
| $66.9M | 0.04% |
406,994
+30,892
| +8% | +$4.91M |
|
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.