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 | |
|---|---|---|---|---|---|---|
451
Tradeweb Markets
TW
$21.3B
| $66.6M | 0.04% |
1,437,937
+50,867
| +4% | +$2.19M |
|
452
OGE Energy
OGE
$10.3B
| $66.3M | 0.03% |
1,490,365
+8,548
| +0.6% | +$369K |
|
453
DexCom
DXCM
$27.6B
| $66.1M | 0.03% |
1,208,004
+129,508
| +12% | +$6.14M |
|
454
Tractor Supply
TSCO
$16.3B
| $65.7M | 0.03% |
3,514,440
+741,935
| +27% | +$14.1M |
|
455
Black Hills Corp
BKH
$5.73B
| $65.5M | 0.03% |
834,108
-406,935
| -33% | -$31.4M |
|
456
IDEX
IEX
$16.5B
| $65.5M | 0.03% |
380,770
-3,464
| -0.9% | -$561K |
|
457
Match Group
MTCH
$8.84B
| $65.2M | 0.03% |
794,206
+36,724
| +5% | +$2.67M |
|
458
Cadence Design Systems
CDNS
$90B
| $65.2M | 0.03% |
939,673
+112,777
| +14% | +$7.56M |
|
459
Las Vegas Sands
LVS
$30.5B
| $65.1M | 0.03% |
943,062
+828,855
| +726% | +$51.7M |
|
|
SIVB
460
DELISTED
SVB Financial Group
SIVB
| $64.6M | 0.03% |
257,477
-30,922
| -11% | -$7.03M |
|
461
Vodafone
VOD
$34.9B
| $64.6M | 0.03% |
3,339,749
-333,263
| -9% | -$6.64M |
|
462
JB Hunt Transport Services
JBHT
$27.1B
| $64.5M | 0.03% |
552,203
+3,590
| +0.7% | +$412K |
|
463
O'Reilly Automotive
ORLY
$72.4B
| $64.4M | 0.03% |
2,204,880
+26,925
| +1% | +$770K |
|
|
FLOW
464
DELISTED
SPX FLOW, Inc.
FLOW
| $64M | 0.03% |
1,309,775
+424,907
| +48% | +$18.8M |
|
465
ResMed
RMD
$28.3B
| $63.8M | 0.03% |
411,512
+56,692
| +16% | +$8.17M |
|
466
Dollar General
DG
$25.9B
| $63.5M | 0.03% |
407,324
+47,049
| +13% | +$7.46M |
|
467
Franklin FTSE Europe ETF
FLEE
$116M
| $63.5M | 0.03% |
2,515,756
-31,266
| -1% | -$761K |
|
468
Cboe Global Markets
CBOE
$29.8B
| $63.3M | 0.03% |
527,165
-8,434
| -2% | -$989K |
|
469
AngloGold Ashanti
AU
$40.3B
| $63.2M | 0.03% |
2,830,443
-105,000
| -4% | -$2.11M |
|
470
Brinker International
EAT
$8.02B
| $63.2M | 0.03% |
1,504,640
+94,483
| +7% | +$4.07M |
|
|
SAGE
471
DELISTED
Sage Therapeutics
SAGE
| $63.1M | 0.03% |
874,109
-171,848
| -16% | -$21.1M |
|
472
HealthEquity
HQY
$7.91B
| $63.1M | 0.03% |
851,644
-213
| -0% | -$13.3K |
|
473
Houlihan Lokey
HLI
$9.68B
| $62.9M | 0.03% |
1,287,298
+518,543
| +67% | +$24.5M |
|
474
Cheniere Energy
LNG
$56.5B
| $62.6M | 0.03% |
1,025,820
+64,680
| +7% | +$3.98M |
|
475
Ford
F
$57.3B
| $62.6M | 0.03% |
6,735,445
-7,500,196
| -53% | -$67.4M |
|
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.