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 | |
|---|---|---|---|---|---|---|
526
RH
RH
$3.3B
| $45.9M | 0.02% |
268,803
+2,674
| +1% | +$381K |
|
527
CME Group
CME
$92.2B
| $45.7M | 0.02% |
216,351
+95,988
| +80% | +$20.1M |
|
528
NorthWestern Energy
NWE
$4.48B
| $44.9M | 0.02% |
598,390
+111
| +0% | +$8.01K |
|
529
Spotify
SPOT
$99.2B
| $44.6M | 0.02% |
391,613
+26,091
| +7% | +$3.68M |
|
530
ABM Industries
ABM
$2.8B
| $44.5M | 0.02% |
1,224,977
-262,290
| -18% | -$10.2M |
|
|
ICPT
531
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $44.5M | 0.02% |
670,200
| – | – |
|
|
VAR
532
DELISTED
Varian Medical Systems, Inc.
VAR
| $44.1M | 0.02% |
370,125
+4,480
| +1% | +$533K |
|
533
Public Storage
PSA
$60.2B
| $44M | 0.02% |
179,197
+4,587
| +3% | +$1.15M |
|
|
CADE
534
DELISTED
Cadence Bancorporation
CADE
| $43.9M | 0.02% |
2,501,775
+2,400
| +0.1% | +$41.1K |
|
535
Clear Channel Outdoor Holdings
CCO
$1.23B
| $43.7M | 0.02% |
17,358,059
-9,785
| -0.1% | -$30.7K |
|
536
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $43.6M | 0.02% |
537,537
-19,781
| -4% | -$1.6M |
|
537
Petrobras Class A
PBR.A
$107B
| $43.5M | 0.02% |
3,312,400
+393,000
| +13% | +$5.24M |
|
538
Fluor
FLR
$7.29B
| $43.5M | 0.02% |
2,272,739
-949,816
| -29% | -$22.7M |
|
539
Agnico Eagle Mines
AEM
$72.6B
| $43.5M | 0.02% |
810,844
-30,445
| -4% | -$1.72M |
|
540
Sunstone Hotel Investors
SHO
$2.19B
| $43.4M | 0.02% |
3,162,055
-1,526,000
| -33% | -$20.5M |
|
541
Targa Resources
TRGP
$60.4B
| $43.3M | 0.02% |
1,077,130
-234,975
| -18% | -$8.97M |
|
542
Atmos Energy
ATO
$29.9B
| $43M | 0.02% |
377,859
+57,754
| +18% | +$6.31M |
|
543
Guardant Health
GH
$19.5B
| $42.8M | 0.02% |
670,683
-112,089
| -14% | -$9.87M |
|
544
Logitech
LOGI
$15.2B
| $42.4M | 0.02% |
1,040,561
-31,760
| -3% | -$1.28M |
|
|
MANT
545
DELISTED
Mantech International Corp
MANT
| $42.3M | 0.02% |
591,969
+4,061
| +0.7% | +$278K |
|
546
Booking.com
BKNG
$138B
| $42.1M | 0.02% |
535,650
-6,225
| -1% | -$482K |
|
|
SDC
547
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $41.8M | 0.02% |
+3,014,134
| New | +$50.3M |
|
|
COR
548
DELISTED
Coresite Realty Corporation
COR
| $41.4M | 0.02% |
340,141
-37,810
| -10% | -$4.33M |
|
549
Saia
SAIA
$11.3B
| $41.3M | 0.02% |
440,261
-65,486
| -13% | -$5.2M |
|
550
L3Harris
LHX
$55.9B
| $41.1M | 0.02% |
+196,893
| New | +$40.3M |
|
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.