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 | |
|---|---|---|---|---|---|---|
551
Peloton Interactive
PTON
$2.63B
| $40.7M | 0.02% |
+1,622,100
| New | +$41.1M |
|
552
DexCom
DXCM
$27.6B
| $40.2M | 0.02% |
1,078,496
+8,760
| +0.8% | +$340K |
|
553
SEI Investments
SEIC
$11.9B
| $39.6M | 0.02% |
669,114
+65,886
| +11% | +$3.81M |
|
554
Trip.com Group
TCOM
$27.5B
| $38.8M | 0.02% |
1,326,140
+121,917
| +10% | +$4.29M |
|
555
Pinnacle Financial Partners Inc
PNFP
$15.5B
| $38.8M | 0.02% |
683,458
+4,463
| +0.7% | +$250K |
|
556
Corteva
CTVA
$59.7B
| $38.7M | 0.02% |
1,381,726
+860,778
| +165% | +$24.9M |
|
|
ECOL
557
DELISTED
US Ecology, Inc.
ECOL
| $38.4M | 0.02% |
601,005
+14,980
| +3% | +$924K |
|
558
John Wiley & Sons Class A
WLY
$2.52B
| $38M | 0.02% |
864,775
-571,108
| -40% | -$25.5M |
|
559
Franklin Short Duration US Government ETF
FTSD
$300M
| $37.9M | 0.02% |
400,982
+4,454
| +1% | +$422K |
|
560
Liberty Latin America Class A
LILA
$1.51B
| $37.8M | 0.02% |
3,459,883
-1,187,043
| -26% | -$12.8M |
|
|
AEPPL
561
DELISTED
American Electric Power Company, Inc. Corporate Unit
AEPPL
| $37.7M | 0.02% |
685,000
+50,000
| +8% | +$2.78M |
|
562
EPAM Systems
EPAM
$4.69B
| $37.6M | 0.02% |
206,503
-25,048
| -11% | -$4.72M |
|
563
Lyft
LYFT
$5.39B
| $37.5M | 0.02% |
919,376
+205,303
| +29% | +$11.2M |
|
564
Caleres
CAL
$396M
| $37.5M | 0.02% |
1,600,821
+13,385
| +0.8% | +$253K |
|
565
iShares National Muni Bond ETF
MUB
$45.1B
| $37.4M | 0.02% |
327,800
+10,825
| +3% | +$1.23M |
|
566
RenaissanceRe
RNR
$13.7B
| $37.2M | 0.02% |
192,341
-83,535
| -30% | -$15.5M |
|
567
TherapeuticsMD
TXMD
$23.8M
| $37.2M | 0.02% |
204,836
+528
| +0.3% | +$74.4K |
|
|
INCE
568
Franklin Income Equity Focus ETF
INCE
$132M
| $37M | 0.02% |
1,012,000
+992,000
| +4,960% | +$36M |
|
569
Steven Madden
SHOO
$3.12B
| $36.9M | 0.02% |
1,030,850
+6,568
| +0.6% | +$217K |
|
|
NEWR
570
DELISTED
New Relic, Inc.
NEWR
| $36.9M | 0.02% |
600,000
+120,738
| +25% | +$8.73M |
|
571
Synaptics
SYNA
$4.41B
| $36.9M | 0.02% |
922,528
+444,300
| +93% | +$15M |
|
572
State Street
STT
$50.9B
| $36.6M | 0.02% |
618,133
-6,910
| -1% | -$383K |
|
573
Fate Therapeutics
FATE
$281M
| $36M | 0.02% |
2,318,721
-621,800
| -21% | -$11.9M |
|
574
Domino's
DPZ
$11B
| $35.8M | 0.02% |
146,486
-39,927
| -21% | -$9.89M |
|
|
PTLA
575
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $35.8M | 0.02% |
1,335,590
+200,000
| +18% | +$5.61M |
|
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.