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 | |
|---|---|---|---|---|---|---|
476
Humana
HUM
$46.7B
| $62.6M | 0.03% |
170,782
-30,602
| -15% | -$9.71M |
|
|
SBNY
477
DELISTED
Signature Bank
SBNY
| $62.5M | 0.03% |
457,643
-63,738
| -12% | -$7.98M |
|
478
Newmont
NEM
$98.2B
| $62.1M | 0.03% |
1,430,259
+35,844
| +3% | +$1.4M |
|
479
Integer Holdings
ITGR
$3.35B
| $62.1M | 0.03% |
772,520
+345,434
| +81% | +$26.4M |
|
480
Yum China
YUMC
$14.9B
| $61.9M | 0.03% |
1,289,485
+200,354
| +18% | +$8.9M |
|
481
Zebra Technologies
ZBRA
$12.4B
| $61.9M | 0.03% |
242,213
-24,500
| -9% | -$5.73M |
|
482
Franklin FTSE Brazil ETF
FLBR
$537M
| $61.8M | 0.03% |
+2,110,000
| New | +$57.3M |
|
483
Simon Property Group
SPG
$74.5B
| $61.7M | 0.03% |
414,276
+9,080
| +2% | +$1.36M |
|
|
BDN
484
Brandywine Realty Trust
BDN
$551M
| $61.5M | 0.03% |
3,904,032
| – | – |
|
485
EPAM Systems
EPAM
$4.69B
| $61.5M | 0.03% |
289,662
+83,159
| +40% | +$16.4M |
|
486
Okta
OKTA
$24.1B
| $59.1M | 0.03% |
511,893
+204,012
| +66% | +$23.5M |
|
487
Spotify
SPOT
$99.2B
| $58.9M | 0.03% |
393,789
+2,176
| +0.6% | +$299K |
|
488
Burlington
BURL
$22B
| $58.9M | 0.03% |
258,243
+6,437
| +3% | +$1.35M |
|
489
Lattice Semiconductor
LSCC
$17.6B
| $58.7M | 0.03% |
3,068,378
+30,577
| +1% | +$587K |
|
490
Equity Residential
EQR
$25.4B
| $58.3M | 0.03% |
720,808
+6,457
| +0.9% | +$550K |
|
|
RVNC
491
DELISTED
Revance Therapeutics, Inc.
RVNC
| $58.2M | 0.03% |
3,582,972
+16,397
| +0.5% | +$254K |
|
|
WUBA
492
DELISTED
58.com Inc
WUBA
| $57.9M | 0.03% |
895,042
-131,192
| -13% | -$7.38M |
|
|
WRK
493
DELISTED
WestRock Company
WRK
| $57.9M | 0.03% |
1,349,599
-174,338
| -11% | -$6.8M |
|
494
Arch Capital
ACGL
$36.1B
| $57.1M | 0.03% |
1,332,112
-254,371
| -16% | -$10.6M |
|
495
Vanguard S&P 500 ETF
VOO
$968B
| $55.5M | 0.03% |
187,723
+6,173
| +3% | +$1.75M |
|
496
International Flavors & Fragrances
IFF
$19.4B
| $54.1M | 0.03% |
419,365
-8,684
| -2% | -$1.11M |
|
|
FLIC
497
DELISTED
First of Long Island Corp
FLIC
| $54.1M | 0.03% |
2,155,369
| – | – |
|
498
Booking.com
BKNG
$138B
| $53.7M | 0.03% |
654,300
+118,650
| +22% | +$9.32M |
|
|
CSFL
499
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $53.6M | 0.03% |
2,146,700
+1,278,200
| +147% | +$32M |
|
500
Allegiant Air
ALGT
$2.64B
| $53.4M | 0.03% |
306,659
-885
| -0.3% | -$147K |
|
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.