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 | |
|---|---|---|---|---|---|---|
|
MANT
526
DELISTED
Mantech International Corp
MANT
| $47.1M | 0.02% |
590,226
-1,743
| -0.3% | -$131K |
|
527
iRhythm Holdings
IRTC
$3.59B
| $46.4M | 0.02% |
682,036
-355,019
| -34% | -$24.1M |
|
|
VAR
528
DELISTED
Varian Medical Systems, Inc.
VAR
| $46.4M | 0.02% |
326,629
-43,496
| -12% | -$5.55M |
|
529
Agnico Eagle Mines
AEM
$72.6B
| $45.9M | 0.02% |
745,509
-65,335
| -8% | -$3.79M |
|
530
Astec Industries
ASTE
$1.3B
| $45.5M | 0.02% |
1,083,981
+612,317
| +130% | +$22.2M |
|
531
Lyft
LYFT
$5.39B
| $45.3M | 0.02% |
1,053,074
+133,698
| +15% | +$5.86M |
|
532
New Jersey Resources
NJR
$6.06B
| $44.9M | 0.02% |
1,007,100
+996,985
| +9,857% | +$43.1M |
|
533
Onto Innovation
ONTO
$13.6B
| $44.6M | 0.02% |
1,220,443
+335,909
| +38% | +$11.4M |
|
534
Coherent
COHR
$55.2B
| $44.6M | 0.02% |
1,323,500
+1,263,530
| +2,107% | +$40.3M |
|
535
RH
RH
$3.3B
| $44.4M | 0.02% |
207,744
-61,059
| -23% | -$11.9M |
|
536
Thor Industries
THO
$3.99B
| $44.2M | 0.02% |
594,415
+576,224
| +3,168% | +$37.2M |
|
537
Trip.com Group
TCOM
$27.5B
| $44M | 0.02% |
1,311,054
-15,086
| -1% | -$486K |
|
538
Steven Madden
SHOO
$3.12B
| $43.9M | 0.02% |
1,021,120
-9,730
| -0.9% | -$393K |
|
539
DuPont de Nemours
DD
$18.6B
| $43.8M | 0.02% |
543,693
-1,439,118
| -73% | -$119M |
|
540
uniQure
QURE
$2.68B
| $43.8M | 0.02% |
610,570
+67,020
| +12% | +$3.68M |
|
541
Pinnacle Financial Partners Inc
PNFP
$15.5B
| $43.6M | 0.02% |
681,462
-1,996
| -0.3% | -$120K |
|
542
Brunswick
BC
$5.19B
| $43.6M | 0.02% |
+726,600
| New | +$42M |
|
543
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $43.5M | 0.02% |
537,378
-159
| -0% | -$12.9K |
|
544
CME Group
CME
$92.2B
| $43.2M | 0.02% |
215,391
-960
| -0.4% | -$197K |
|
545
Washington Trust Bancorp
WASH
$732M
| $42.6M | 0.02% |
791,482
+88,734
| +13% | +$4.56M |
|
546
Selective Insurance
SIGI
$5.74B
| $42.4M | 0.02% |
+650,800
| New | +$45M |
|
547
iShares National Muni Bond ETF
MUB
$45.1B
| $41.8M | 0.02% |
367,263
+39,463
| +12% | +$4.5M |
|
548
Silicon Laboratories
SLAB
$7.15B
| $41.8M | 0.02% |
360,561
-193,121
| -35% | -$21.2M |
|
549
Ball Corp
BALL
$17B
| $41.6M | 0.02% |
643,978
+333,162
| +107% | +$22.6M |
|
550
Southwest Gas
SWX
$6.74B
| $41.6M | 0.02% |
547,355
+502,029
| +1,108% | +$40.8M |
|
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.