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 | |
|---|---|---|---|---|---|---|
|
RDS.A
26
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $1.15B | 0.63% |
19,593,775
+2,527,091
| +15% | +$150M |
|
|
WBA
27
DELISTED
Walgreens Boots Alliance
WBA
| $1.14B | 0.62% |
20,582,421
+540
| +0% | +$28.9K |
|
28
Honeywell
HON
$76.6B
| $1.13B | 0.61% |
7,066,102
+64,726
| +0.9% | +$10.3M |
|
29
Analog Devices
ADI
$180B
| $1.12B | 0.61% |
9,979,604
+987,642
| +11% | +$112M |
|
30
Wheaton Precious Metals
WPM
$50.5B
| $1.1B | 0.6% |
41,861,015
-2,534,693
| -6% | -$68.2M |
|
31
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.04B
| $1.1B | 0.6% |
33,242,487
-757,464
| -2% | -$24.7M |
|
|
32
SLB Ltd
SLB
$78.2B
| $1.09B | 0.59% |
31,766,888
+19,673,244
| +163% | +$719M |
|
33
Comcast
CMCSA
$79.7B
| $1.07B | 0.58% |
23,836,066
-3,359,334
| -12% | -$149M |
|
34
Novartis
NVS
$295B
| $1.07B | 0.58% |
12,333,484
-1,575,161
| -11% | -$141M |
|
35
Pfizer
PFE
$140B
| $1.04B | 0.56% |
30,488,827
+51,333
| +0.2% | +$1.87M |
|
36
Gilead Sciences
GILD
$162B
| $1.03B | 0.56% |
16,310,290
+3,716,878
| +30% | +$243M |
|
37
Chevron
CVX
$389B
| $1.03B | 0.56% |
8,688,541
-1,935,309
| -18% | -$235M |
|
38
Kroger
KR
$34.8B
| $1.03B | 0.56% |
39,904,864
+4,140,997
| +12% | +$96.3M |
|
39
Sempra
SRE
$60.8B
| $1.01B | 0.55% |
13,729,326
-196,270
| -1% | -$13.7M |
|
40
Linde
LIN
$237B
| $1B | 0.54% |
5,171,386
-126,703
| -2% | -$24.5M |
|
41
Johnson Controls International
JCI
$87B
| $1B | 0.54% |
22,817,721
-457,404
| -2% | -$19.4M |
|
42
Boeing
BA
$166B
| $978M | 0.53% |
2,569,375
+99,486
| +4% | +$35.6M |
|
43
NextEra Energy
NEE
$187B
| $973M | 0.53% |
16,711,824
-162,316
| -1% | -$8.78M |
|
44
3M
MMM
$88B
| $972M | 0.53% |
7,073,620
+230,725
| +3% | +$32.3M |
|
45
Air Products & Chemicals
APD
$66.2B
| $966M | 0.52% |
4,355,422
+24,536
| +0.6% | +$5.52M |
|
46
Capital One
COF
$124B
| $956M | 0.52% |
10,509,355
-2,283,075
| -18% | -$205M |
|
47
Accenture
ACN
$89.9B
| $942M | 0.51% |
4,896,726
+9,614
| +0.2% | +$1.86M |
|
48
Nike
NKE
$62.3B
| $932M | 0.51% |
9,926,453
-28,599
| -0.3% | -$2.45M |
|
49
Becton Dickinson
BDX
$43.1B
| $917M | 0.5% |
3,717,619
-6,360
| -0.2% | -$1.57M |
|
50
Cognizant
CTSH
$21.4B
| $905M | 0.49% |
15,021,403
-923,540
| -6% | -$58.4M |
|
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.