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 |
Occidental Petroleum
OXY
|
+$634M |
| 2 |
CVS Health
CVS
|
+$597M |
| 3 |
3M
MMM
|
+$504M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$443M |
| 5 |
Kraft Heinz
KHC
|
+$397M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sempra
SRE
|
+$667M |
| 2 |
Merck
MRK
|
+$510M |
| 3 |
DuPont de Nemours
DD
|
+$487M |
| 4 |
UBS Group
UBS
|
+$482M |
| 5 |
Cummins
CMI
|
+$467M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.15% |
| 2 | Technology | 15.86% |
| 3 | Financials | 14.28% |
| 4 | Industrials | 9.17% |
| 5 | Communication Services | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WTRU
501
DELISTED
Essential Utilities, Inc.6.00% Tangible Equity Units
WTRU
| $54.7M | 0.03% |
+960,000
| New | +$53.3M |
|
502
Pinterest
PINS
$12.4B
| $54.7M | 0.03% |
+2,009,400
| New | +$54.9M |
|
503
Burlington
BURL
$22B
| $54.7M | 0.03% |
321,201
+2,352
| +0.7% | +$384K |
|
|
ODT
504
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $54.6M | 0.03% |
1,487,636
-75,359
| -5% | -$1.81M |
|
505
Norfolk Southern
NSC
$78.8B
| $54.6M | 0.03% |
273,782
-56,037
| -17% | -$11.1M |
|
|
MAGN
506
Magnera Corp
MAGN
$488M
| $54.5M | 0.03% |
248,208
-61
| -0% | -$12.2K |
|
|
COUP
507
DELISTED
Coupa Software Incorporated
COUP
| $54.4M | 0.03% |
429,908
+127,408
| +42% | +$13.7M |
|
|
CBM
508
DELISTED
Cambrex Corporation
CBM
| $54.1M | 0.03% |
1,155,112
+96,300
| +9% | +$4.04M |
|
509
Viavi Solutions
VIAV
$9.75B
| $54.1M | 0.03% |
4,067,675
+13,471
| +0.3% | +$174K |
|
510
Equity Residential
EQR
$25.4B
| $53.6M | 0.03% |
706,474
-53,435
| -7% | -$4.08M |
|
511
Inspire Medical Systems
INSP
$1.42B
| $53.6M | 0.03% |
883,432
+23,216
| +3% | +$1.25M |
|
512
Spotify
SPOT
$99.2B
| $53.4M | 0.03% |
365,522
+69,217
| +23% | +$9.52M |
|
|
ICPT
513
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $53.3M | 0.03% |
670,200
+241,700
| +56% | +$21.6M |
|
514
HealthEquity
HQY
$7.91B
| $52.4M | 0.03% |
801,472
+302,642
| +61% | +$21.1M |
|
|
CADE
515
DELISTED
Cadence Bancorporation
CADE
| $52M | 0.03% |
2,499,375
-30,328
| -1% | -$624K |
|
516
Cadence Design Systems
CDNS
$90B
| $51.9M | 0.03% |
733,631
+347,473
| +90% | +$23.2M |
|
517
uniQure
QURE
$2.68B
| $51.9M | 0.03% |
664,200
+108,200
| +19% | +$6.89M |
|
518
Domino's
DPZ
$11B
| $51.9M | 0.03% |
186,413
-14,531
| -7% | -$3.97M |
|
519
Qualcomm
QCOM
$176B
| $51.6M | 0.03% |
678,914
+495,783
| +271% | +$36.3M |
|
520
Humana
HUM
$46.7B
| $51.6M | 0.03% |
194,329
+89,038
| +85% | +$22.6M |
|
521
Targa Resources
TRGP
$60.4B
| $51.5M | 0.03% |
1,312,105
+106,679
| +9% | +$4.24M |
|
522
Liberty Latin America Class A
LILA
$1.51B
| $51.3M | 0.03% |
4,646,926
+506
| +0% | +$6.19K |
|
523
Global Payments
GPN
$22.1B
| $51.2M | 0.03% |
319,840
+45,820
| +17% | +$6.81M |
|
524
Tenaris
TS
$29.1B
| $51.1M | 0.03% |
1,940,755
-74,627
| -4% | -$1.99M |
|
525
O'Reilly Automotive
ORLY
$72.4B
| $50.8M | 0.03% |
2,062,365
+4,710
| +0.2% | +$119K |
|
Similar funds
Franklin Resources's Q2 2019 Portfolio in Review
As of Q2 2019, Franklin Resources held 1,620 positions worth $188B, up 0.7% from $187B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $5.99B in Q2 2019, closing 78 positions and reducing 611 holdings. Its most notable exit was L3Harris, an estimated $48.7M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Dow Inc worth $256M.
- Franklin Resources's largest Q2 2019 buy was Dow Inc: 5,190,536 shares worth $256M.
- Franklin Resources added most to Occidental Petroleum in Q2 2019, an estimated $634M increase.
- Franklin Resources's biggest Q2 2019 reduction was Sempra, cutting an estimated $667M.
- Franklin Resources fully exited L3Harris in Q2 2019, selling an estimated $48.7M.
- Franklin Resources's ten largest holdings make up 12% of its $188B portfolio in Q2 2019.
- Franklin Resources opened 134 new positions and closed 78 in Q2 2019.
- Franklin Resources's portfolio value rose 0.7% quarter-over-quarter to $188B.
Based on Franklin Resources's 13F filing for Q2 2019, filed 14 Aug 2019.