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 | |
|---|---|---|---|---|---|---|
551
Sea Limited
SE
$61.2B
| $40.7M | 0.02% |
1,011,705
+406,305
| +67% | +$13.7M |
|
|
VMW
552
DELISTED
VMware, Inc
VMW
| $40.4M | 0.02% |
266,034
+39,704
| +18% | +$6.22M |
|
553
MGM Resorts International
MGM
$11.7B
| $40.3M | 0.02% |
1,212,516
+30,250
| +3% | +$922K |
|
|
CADE
554
DELISTED
Cadence Bancorporation
CADE
| $40.1M | 0.02% |
2,214,141
-287,634
| -11% | -$4.81M |
|
|
SAVE
555
DELISTED
Spirit Airlines, Inc.
SAVE
| $39.6M | 0.02% |
982,609
+107,400
| +12% | +$4.08M |
|
|
PLAN
556
DELISTED
Anaplan, Inc.
PLAN
| $39.5M | 0.02% |
754,685
+300,985
| +66% | +$14.9M |
|
557
Steris
STE
$20.9B
| $39.4M | 0.02% |
258,759
+196,621
| +316% | +$28.8M |
|
558
Liberty Latin America Class A
LILA
$1.51B
| $39.4M | 0.02% |
3,186,968
-272,915
| -8% | -$3.17M |
|
|
ABMD
559
DELISTED
Abiomed Inc
ABMD
| $39.3M | 0.02% |
230,574
-381,701
| -62% | -$70.8M |
|
|
PFNX
560
DELISTED
Pfenex Inc.
PFNX
| $39.2M | 0.02% |
3,568,250
-334,204
| -9% | -$3.32M |
|
|
LTHM
561
DELISTED
Livent Corporation
LTHM
| $39M | 0.02% |
4,557,744
+4,537,220
| +22,107% | +$34.7M |
|
|
INCE
562
Franklin Income Equity Focus ETF
INCE
$132M
| $38.7M | 0.02% |
1,012,227
+227
| +0% | +$8.42K |
|
|
AEPPL
563
DELISTED
American Electric Power Company, Inc. Corporate Unit
AEPPL
| $38.7M | 0.02% |
715,000
+30,000
| +4% | +$1.62M |
|
|
TVTY
564
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $38.6M | 0.02% |
1,899,474
+75,372
| +4% | +$1.41M |
|
|
ODT
565
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $38.6M | 0.02% |
1,189,958
-59,245
| -5% | -$1.84M |
|
|
NOAH
566
Noah Holdings
NOAH
$588M
| $38.6M | 0.02% |
1,091,043
-23,708
| -2% | -$724K |
|
567
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.5B
| $38.5M | 0.02% |
618,405
-460,284
| -43% | -$27.7M |
|
568
M/I Homes
MHO
$3.83B
| $38.5M | 0.02% |
978,611
-383,328
| -28% | -$16M |
|
|
ECOL
569
DELISTED
US Ecology, Inc.
ECOL
| $38.5M | 0.02% |
664,425
+63,420
| +11% | +$3.76M |
|
570
Netflix
NFLX
$292B
| $38.3M | 0.02% |
1,183,870
-2,038,290
| -63% | -$60.4M |
|
|
MRTX
571
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $38.2M | 0.02% |
296,571
-21,800
| -7% | -$2.1M |
|
572
VF Corp
VFC
$6.68B
| $38M | 0.02% |
380,980
+9,078
| +2% | +$814K |
|
573
Grand Canyon Education
LOPE
$3.71B
| $37.8M | 0.02% |
394,757
-151,658
| -28% | -$14M |
|
574
NVR
NVR
$17.2B
| $37.7M | 0.02% |
9,905
-3,586
| -27% | -$13.3M |
|
575
Flex
FLEX
$43.4B
| $37.1M | 0.02% |
3,901,713
+290,060
| +8% | +$2.5M |
|
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.