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 |
Linde
LIN
|
+$872M |
| 2 |
Western Digital
WDC
|
+$304M |
| 3 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$295M |
| 4 |
K
Kellanova
K
|
+$245M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$243M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$1.17B |
| 2 |
PX
Praxair Inc
PX
|
+$894M |
| 3 |
Merck
MRK
|
+$833M |
| 4 |
GE Aerospace
GE
|
+$700M |
| 5 |
Microsoft
MSFT
|
+$675M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.07% |
| 2 | Technology | 15.24% |
| 3 | Financials | 15.2% |
| 4 | Industrials | 8.39% |
| 5 | Communication Services | 7.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BMTC
476
DELISTED
Bryn Mawr Bank Corp
BMTC
| $46.7M | 0.03% |
1,356,284
+225,600
| +20% | +$8.91M |
|
477
Heartland Express
HTLD
$1.11B
| $46.5M | 0.03% |
2,539,078
+563,078
| +28% | +$10.7M |
|
|
LTC
478
LTC Properties
LTC
$2.16B
| $46.4M | 0.03% |
1,112,065
-233
| -0% | -$10.2K |
|
479
HSBC
HSBC
$355B
| $46.1M | 0.03% |
1,163,372
-61,968
| -5% | -$2.48M |
|
480
Atlassian
TEAM
$22B
| $45.9M | 0.03% |
516,020
| – | – |
|
481
Guardant Health
GH
$19.5B
| $45.9M | 0.03% |
+1,219,948
| New | +$44.9M |
|
482
MongoDB
MDB
$24B
| $45.8M | 0.03% |
546,500
+218,700
| +67% | +$16.8M |
|
483
Domino's
DPZ
$11B
| $45.7M | 0.03% |
184,147
-39
| -0% | -$10.3K |
|
484
IQVIA
IQV
$34.7B
| $44.3M | 0.03% |
381,681
+26,672
| +8% | +$3.23M |
|
485
Western Alliance Bancorporation
WAL
$9.07B
| $44.3M | 0.03% |
1,121,384
+145,709
| +15% | +$6.89M |
|
486
Core Laboratories
CLB
$538M
| $44.1M | 0.03% |
739,840
+268,240
| +57% | +$23.1M |
|
487
Truist Financial
TFC
$63.2B
| $44M | 0.03% |
1,014,566
-8,287
| -0.8% | -$398K |
|
488
Penumbra
PEN
$12.5B
| $43.8M | 0.03% |
358,256
-10,642
| -3% | -$1.43M |
|
|
BDN
489
Brandywine Realty Trust
BDN
$551M
| $43.7M | 0.03% |
3,397,227
-565,600
| -14% | -$7.99M |
|
490
Targa Resources
TRGP
$60.4B
| $43.5M | 0.03% |
1,207,540
+901,800
| +295% | +$43.6M |
|
491
Liberty Latin America Class A
LILA
$1.51B
| $43.4M | 0.03% |
4,682,849
-116,983
| -2% | -$1.35M |
|
|
NOAH
492
Noah Holdings
NOAH
$588M
| $43.3M | 0.03% |
998,410
| – | – |
|
493
AAR Corp
AIR
$5.15B
| $43.2M | 0.03% |
1,156,581
-273,000
| -19% | -$11.9M |
|
|
LXFT
494
DELISTED
Luxoft Holding, Inc.
LXFT
| $43M | 0.03% |
1,415,174
+22,602
| +2% | +$845K |
|
|
FLIC
495
DELISTED
First of Long Island Corp
FLIC
| $42.9M | 0.03% |
2,149,469
| – | – |
|
496
Duluth Holdings
DLTH
$160M
| $42.9M | 0.03% |
1,699,294
-30,384
| -2% | -$868K |
|
497
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.5B
| $42.7M | 0.03% |
824,598
-113,655
| -12% | -$6.36M |
|
498
International Flavors & Fragrances
IFF
$19.4B
| $42.7M | 0.03% |
317,930
+102,744
| +48% | +$14.2M |
|
499
Idacorp
IDA
$8.23B
| $42.6M | 0.03% |
457,850
-20,493
| -4% | -$2M |
|
|
AZPN
500
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $42.1M | 0.03% |
511,766
+3,148
| +0.6% | +$259K |
|
Similar funds
Franklin Resources's Q4 2018 Portfolio in Review
As of Q4 2018, Franklin Resources held 1,581 positions worth $166B, down 18% from $201B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $9.32B in Q4 2018, closing 110 positions and reducing 645 holdings. Its most notable exit was Praxair Inc, an estimated $894M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, down from 17% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Linde worth $861M.
- Franklin Resources's largest Q4 2018 buy was Linde: 5,516,284 shares worth $861M.
- Franklin Resources added most to Western Digital in Q4 2018, an estimated $304M increase.
- Franklin Resources's biggest Q4 2018 reduction was Eli Lilly, cutting an estimated $1.17B.
- Franklin Resources fully exited Praxair Inc in Q4 2018, selling an estimated $894M.
- Franklin Resources's ten largest holdings make up 12% of its $166B portfolio in Q4 2018.
- Franklin Resources opened 69 new positions and closed 110 in Q4 2018.
- Franklin Resources's portfolio value fell 18% quarter-over-quarter to $166B.
Based on Franklin Resources's 13F filing for Q4 2018, filed 12 Feb 2019.