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 | |
|---|---|---|---|---|---|---|
576
Valero Energy
VLO
$89.8B
| $35.2M | 0.02% |
413,238
+50,015
| +14% | +$4.04M |
|
|
FLOW
577
DELISTED
SPX FLOW, Inc.
FLOW
| $34.9M | 0.02% |
884,868
+711,772
| +411% | +$26.7M |
|
578
Diana Shipping
DSX
$280M
| $34.7M | 0.02% |
14,683,573
-1,853,559
| -11% | -$4.42M |
|
579
Houlihan Lokey
HLI
$9.68B
| $34.7M | 0.02% |
768,755
+124,271
| +19% | +$5.5M |
|
580
Lithia Motors
LAD
$7.78B
| $34.4M | 0.02% |
260,037
-48,539
| -16% | -$6.2M |
|
581
Viavi Solutions
VIAV
$9.75B
| $34.2M | 0.02% |
2,445,020
-1,622,655
| -40% | -$23.1M |
|
|
VMW
582
DELISTED
VMware, Inc
VMW
| $34M | 0.02% |
226,330
-273,834
| -55% | -$43.1M |
|
583
Washington Trust Bancorp
WASH
$732M
| $34M | 0.02% |
702,748
| – | – |
|
584
Liberty Latin America Class C
LILAK
$1.5B
| $33.9M | 0.02% |
2,317,515
-119,278
| -5% | -$1.72M |
|
585
Alamo Group
ALG
$2.01B
| $33.8M | 0.02% |
287,304
-50,812
| -15% | -$5.49M |
|
586
Uber
UBER
$134B
| $33.6M | 0.02% |
1,103,852
-335,997
| -23% | -$12.6M |
|
587
Huron Consulting
HURN
$1.82B
| $33.6M | 0.02% |
548,243
-213,327
| -28% | -$12.5M |
|
588
Granite Construction
GVA
$5.45B
| $33.5M | 0.02% |
1,043,834
+231,469
| +28% | +$8.03M |
|
589
VF Corp
VFC
$6.68B
| $33.1M | 0.02% |
371,902
-468,160
| -56% | -$40M |
|
|
PFNX
590
DELISTED
Pfenex Inc.
PFNX
| $32.9M | 0.02% |
3,902,454
-59,182
| -1% | -$429K |
|
591
Descartes Systems
DSGX
$5.84B
| $32.9M | 0.02% |
813,957
-185,940
| -19% | -$6.88M |
|
592
Realty Income
O
$61.2B
| $32.9M | 0.02% |
442,355
+27,768
| +7% | +$1.95M |
|
593
MGM Resorts International
MGM
$11.7B
| $32.8M | 0.02% |
1,182,266
+59,074
| +5% | +$1.7M |
|
|
NOAH
594
Noah Holdings
NOAH
$588M
| $32.6M | 0.02% |
1,114,751
+116,341
| +12% | +$3.71M |
|
|
ODT
595
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $32.5M | 0.02% |
1,249,203
-238,433
| -16% | -$7.98M |
|
596
iShares MSCI Emerging Markets ETF
EEM
$28B
| $32.5M | 0.02% |
795,576
-18,530
| -2% | -$765K |
|
597
iShares MBS ETF
MBB
$39B
| $32.5M | 0.02% |
300,150
+24,258
| +9% | +$2.62M |
|
598
Integer Holdings
ITGR
$3.35B
| $32.3M | 0.02% |
427,086
+2,096
| +0.5% | +$166K |
|
599
WEX
WEX
$6.11B
| $32.2M | 0.02% |
159,118
| – | – |
|
|
SJIU
600
DELISTED
South Jersey Industries, Inc.
SJIU
| $31.8M | 0.02% |
615,000
+60,000
| +11% | +$3.14M |
|
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.