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 | |
|---|---|---|---|---|---|---|
501
Jones Lang LaSalle
JLL
$15.1B
| $53.3M | 0.03% |
306,409
-186,157
| -38% | -$29.3M |
|
502
Invesco Senior Loan ETF
BKLN
$7.1B
| $53.3M | 0.03% |
2,334,700
-3,699,880
| -61% | -$83.5M |
|
503
Synaptics
SYNA
$4.41B
| $53.2M | 0.03% |
808,328
-114,200
| -12% | -$6.02M |
|
504
Avient
AVNT
$3.45B
| $53M | 0.03% |
1,440,176
+15,576
| +1% | +$509K |
|
505
BorgWarner
BWA
$13.2B
| $53M | 0.03% |
1,387,397
-556,325
| -29% | -$20.4M |
|
506
MKS Inc
MKSI
$22.2B
| $52.8M | 0.03% |
480,385
-577,489
| -55% | -$60.5M |
|
507
Graham Holdings Company
GHC
$4.97B
| $52.2M | 0.03% |
81,690
-129
| -0.2% | -$82.5K |
|
|
DTP
508
DELISTED
DTE Energy Company 2019 Corporate Units
DTP
| $51.3M | 0.03% |
+1,000,000
| New | +$50.1M |
|
509
Upwork
UPWK
$1.09B
| $50.8M | 0.03% |
4,763,670
-1,045,946
| -18% | -$13.2M |
|
|
MAGN
510
Magnera Corp
MAGN
$488M
| $50.4M | 0.03% |
211,990
-36,218
| -15% | -$8.05M |
|
511
Franklin Senior Loan ETF
FLBL
$852M
| $50.4M | 0.03% |
2,007,900
| – | – |
|
512
NorthWestern Energy
NWE
$4.48B
| $50.3M | 0.03% |
701,743
+103,353
| +17% | +$7.45M |
|
513
Vail Resorts
MTN
$5.19B
| $50.1M | 0.03% |
209,044
-17,534
| -8% | -$4.15M |
|
514
Clear Channel Outdoor Holdings
CCO
$1.23B
| $49.6M | 0.03% |
17,358,059
| – | – |
|
515
State Street
STT
$50.9B
| $49.4M | 0.03% |
625,071
+6,938
| +1% | +$488K |
|
516
Petrobras Class A
PBR.A
$107B
| $49.3M | 0.03% |
3,307,600
-4,800
| -0.1% | -$68K |
|
517
Cinemark Holdings
CNK
$3.82B
| $49.1M | 0.03% |
1,451,824
-473,591
| -25% | -$16.7M |
|
518
BioMarin Pharmaceuticals
BMRN
$11.5B
| $49M | 0.03% |
580,101
-652,766
| -53% | -$49.3M |
|
519
WIX.com
WIX
$2.15B
| $48.5M | 0.03% |
396,643
-96,796
| -20% | -$11.8M |
|
|
RDS.B
520
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $48.4M | 0.03% |
806,411
-202,972
| -20% | -$11.9M |
|
521
Logitech
LOGI
$15.2B
| $48.2M | 0.03% |
1,022,717
-17,844
| -2% | -$761K |
|
|
CUB
522
DELISTED
Cubic Corporation
CUB
| $48.1M | 0.03% |
757,211
+24,991
| +3% | +$1.69M |
|
523
Franklin High Yield Corporate ETF
FLHY
$1.21B
| $48M | 0.03% |
1,833,404
+860,248
| +88% | +$22.4M |
|
|
CHA
524
DELISTED
China Telecom Corporation, LTD
CHA
| $48M | 0.03% |
1,164,124
-52,515
| -4% | -$2.2M |
|
525
Sunstone Hotel Investors
SHO
$2.19B
| $47.2M | 0.02% |
3,391,655
+229,600
| +7% | +$3.18M |
|
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.