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 |
Occidental Petroleum
OXY
|
+$634M |
| 2 |
CVS Health
CVS
|
+$597M |
| 3 |
3M
MMM
|
+$504M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$443M |
| 5 |
Kraft Heinz
KHC
|
+$397M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sempra
SRE
|
+$667M |
| 2 |
Merck
MRK
|
+$510M |
| 3 |
DuPont de Nemours
DD
|
+$487M |
| 4 |
UBS Group
UBS
|
+$482M |
| 5 |
Cummins
CMI
|
+$467M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.15% |
| 2 | Technology | 15.86% |
| 3 | Financials | 14.28% |
| 4 | Industrials | 9.17% |
| 5 | Communication Services | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AEPPL
601
DELISTED
American Electric Power Company, Inc. Corporate Unit
AEPPL
| $34M | 0.02% |
635,000
+25,000
| +4% | +$1.31M |
|
602
SEI Investments
SEIC
$11.9B
| $33.8M | 0.02% |
603,228
+78,762
| +15% | +$4.25M |
|
603
Atmos Energy
ATO
$29.9B
| $33.8M | 0.02% |
320,105
+30,652
| +11% | +$3.14M |
|
604
Alamo Group
ALG
$2.01B
| $33.8M | 0.02% |
338,116
-12,216
| -3% | -$1.22M |
|
605
WEX
WEX
$6.11B
| $33.1M | 0.02% |
159,118
-6,042
| -4% | -$1.22M |
|
|
BECN
606
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $33M | 0.02% |
899,997
+4,494
| +0.5% | +$163K |
|
607
Flex
FLEX
$43.4B
| $33M | 0.02% |
4,572,075
-356,111
| -7% | -$2.74M |
|
608
NeoGenomics
NEO
$1.81B
| $32.9M | 0.02% |
1,498,202
+5,437
| +0.4% | +$119K |
|
609
Saia
SAIA
$11.3B
| $32.7M | 0.02% |
505,747
+3,488
| +0.7% | +$223K |
|
610
Arista Networks
ANET
$219B
| $32.4M | 0.02% |
1,996,608
+55,712
| +3% | +$964K |
|
611
Brinker International
EAT
$8.02B
| $32.3M | 0.02% |
820,440
+6,779
| +0.8% | +$279K |
|
612
MGM Resorts International
MGM
$11.7B
| $32.1M | 0.02% |
1,123,192
+172,073
| +18% | +$4.6M |
|
|
ENV
613
DELISTED
ENVESTNET, INC.
ENV
| $32M | 0.02% |
468,151
+1,762
| +0.4% | +$121K |
|
|
SPLK
614
DELISTED
Splunk Inc
SPLK
| $32M | 0.02% |
254,086
-51,362
| -17% | -$6.52M |
|
615
Peoples Bancorp
PEBO
$1.45B
| $31.6M | 0.02% |
980,664
| – | – |
|
616
Franklin Resources
BEN
$16.9B
| $31.6M | 0.02% |
908,691
+153,445
| +20% | +$5.22M |
|
617
Caleres
CAL
$396M
| $31.6M | 0.02% |
1,587,436
-1,187,654
| -43% | -$27.5M |
|
618
Astec Industries
ASTE
$1.3B
| $31.3M | 0.02% |
960,459
-429,626
| -31% | -$14.4M |
|
619
Arthur J. Gallagher & Co
AJG
$63.7B
| $31.2M | 0.02% |
355,813
-865,944
| -71% | -$72.3M |
|
620
Valero Energy
VLO
$89.8B
| $31.1M | 0.02% |
363,223
+95,383
| +36% | +$7.87M |
|
|
PTLA
621
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $30.8M | 0.02% |
1,135,590
+177,600
| +19% | +$5.57M |
|
622
RH
RH
$3.3B
| $30.8M | 0.02% |
266,129
+338
| +0.1% | +$34.9K |
|
623
Glacier Bancorp
GBCI
$6.55B
| $30.6M | 0.02% |
755,237
-2,900
| -0.4% | -$119K |
|
|
MRTX
624
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $30.3M | 0.02% |
293,951
-151,200
| -34% | -$11.8M |
|
625
Liberty Energy
LBRT
$2.83B
| $30.2M | 0.02% |
1,865,860
+52,894
| +3% | +$811K |
|
Similar funds
Franklin Resources's Q2 2019 Portfolio in Review
As of Q2 2019, Franklin Resources held 1,620 positions worth $188B, up 0.7% from $187B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $5.99B in Q2 2019, closing 78 positions and reducing 611 holdings. Its most notable exit was L3Harris, an estimated $48.7M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Dow Inc worth $256M.
- Franklin Resources's largest Q2 2019 buy was Dow Inc: 5,190,536 shares worth $256M.
- Franklin Resources added most to Occidental Petroleum in Q2 2019, an estimated $634M increase.
- Franklin Resources's biggest Q2 2019 reduction was Sempra, cutting an estimated $667M.
- Franklin Resources fully exited L3Harris in Q2 2019, selling an estimated $48.7M.
- Franklin Resources's ten largest holdings make up 12% of its $188B portfolio in Q2 2019.
- Franklin Resources opened 134 new positions and closed 78 in Q2 2019.
- Franklin Resources's portfolio value rose 0.7% quarter-over-quarter to $188B.
Based on Franklin Resources's 13F filing for Q2 2019, filed 14 Aug 2019.