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 | |
|---|---|---|---|---|---|---|
576
NeoGenomics
NEO
$1.81B
| $37.1M | 0.02% |
1,268,278
-234,588
| -16% | -$5.59M |
|
|
LVGO
577
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $37.1M | 0.02% |
1,480,136
+426,846
| +41% | +$10.2M |
|
578
Pinterest
PINS
$12.4B
| $37.1M | 0.02% |
1,987,716
-803,939
| -29% | -$17.4M |
|
579
Collegium Pharmaceutical
COLL
$1.14B
| $36.4M | 0.02% |
1,770,152
-92,819
| -5% | -$1.55M |
|
580
Valero Energy
VLO
$89.8B
| $36.4M | 0.02% |
388,827
-24,411
| -6% | -$2.31M |
|
581
Liberty Latin America Class C
LILAK
$1.5B
| $36.2M | 0.02% |
2,175,095
-142,420
| -6% | -$2.2M |
|
|
COR
582
DELISTED
Coresite Realty Corporation
COR
| $36.1M | 0.02% |
322,341
-17,800
| -5% | -$2.06M |
|
|
IMMU
583
DELISTED
Immunomedics Inc
IMMU
| $36.1M | 0.02% |
1,706,786
+800,000
| +88% | +$14.1M |
|
584
iShares MSCI Emerging Markets ETF
EEM
$28B
| $36.1M | 0.02% |
804,191
+8,615
| +1% | +$370K |
|
585
RingCentral
RNG
$4.05B
| $35.8M | 0.02% |
212,534
+10,434
| +5% | +$1.72M |
|
586
Atmos Energy
ATO
$29.9B
| $35.6M | 0.02% |
318,281
-59,578
| -16% | -$6.53M |
|
587
Franklin Short Duration US Government ETF
FTSD
$300M
| $35.5M | 0.02% |
376,977
-24,005
| -6% | -$2.27M |
|
588
Glacier Bancorp
GBCI
$6.55B
| $35.1M | 0.02% |
762,337
| – | – |
|
589
Fate Therapeutics
FATE
$281M
| $34.5M | 0.02% |
1,763,821
-554,900
| -24% | -$8.81M |
|
590
Domino's
DPZ
$11B
| $34.5M | 0.02% |
117,445
-29,041
| -20% | -$8M |
|
591
ABM Industries
ABM
$2.8B
| $34.5M | 0.02% |
913,747
-311,230
| -25% | -$11.6M |
|
592
ConocoPhillips
COP
$147B
| $34.4M | 0.02% |
528,920
-1,569
| -0.3% | -$92.3K |
|
593
Cognex
CGNX
$10.3B
| $34M | 0.02% |
606,749
-28,456
| -4% | -$1.47M |
|
594
Peoples Bancorp
PEBO
$1.45B
| $34M | 0.02% |
980,664
| – | – |
|
595
Uber
UBER
$134B
| $33.9M | 0.02% |
1,140,792
+36,940
| +3% | +$1.1M |
|
596
L3Harris
LHX
$55.9B
| $33.7M | 0.02% |
170,242
-26,651
| -14% | -$5.35M |
|
597
WEX
WEX
$6.11B
| $33.6M | 0.02% |
160,261
+1,143
| +0.7% | +$229K |
|
598
Realty Income
O
$61.2B
| $33.5M | 0.02% |
469,762
+27,407
| +6% | +$2.04M |
|
599
Carpenter Technology
CRS
$30B
| $33.5M | 0.02% |
672,512
-448,800
| -40% | -$23M |
|
600
Alamo Group
ALG
$2.01B
| $33M | 0.02% |
263,211
-24,093
| -8% | -$2.82M |
|
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.