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 | |
|---|---|---|---|---|---|---|
|
PTLA
601
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $32.9M | 0.02% |
1,377,236
+41,646
| +3% | +$1.15M |
|
602
Viavi Solutions
VIAV
$9.75B
| $32.9M | 0.02% |
2,192,278
-252,742
| -10% | -$3.78M |
|
|
ENV
603
DELISTED
ENVESTNET, INC.
ENV
| $32.7M | 0.02% |
469,585
-928
| -0.2% | -$60.3K |
|
604
Descartes Systems
DSGX
$5.84B
| $32.7M | 0.02% |
764,257
-49,700
| -6% | -$2.03M |
|
605
Granite Construction
GVA
$5.45B
| $32.6M | 0.02% |
1,179,796
+135,962
| +13% | +$3.87M |
|
606
Credicorp
BAP
$30.9B
| $32.6M | 0.02% |
152,937
+44,158
| +41% | +$9.25M |
|
607
Insteel Industries
IIIN
$633M
| $32.4M | 0.02% |
1,507,495
+466,564
| +45% | +$9.86M |
|
|
CHNGU
608
DELISTED
Change Healthcare Inc. Tangible Equity Units
CHNGU
| $32.4M | 0.02% |
540,000
| – | – |
|
609
The Greenbrier Companies
GBX
$1.61B
| $32.3M | 0.02% |
997,224
+567,000
| +132% | +$17M |
|
610
HCA Healthcare
HCA
$84.8B
| $32.1M | 0.02% |
216,941
+27,630
| +15% | +$3.71M |
|
611
Ares Management
ARES
$28.5B
| $32M | 0.02% |
897,300
+132,800
| +17% | +$4.13M |
|
|
BECN
612
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $32M | 0.02% |
999,381
+85,521
| +9% | +$2.71M |
|
|
SJIU
613
DELISTED
South Jersey Industries, Inc.
SJIU
| $31.9M | 0.02% |
615,000
| – | – |
|
614
Extra Space Storage
EXR
$31.2B
| $31.8M | 0.02% |
+300,767
| New | +$32.8M |
|
|
HOLI
615
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $31.8M | 0.02% |
1,935,248
-37,941
| -2% | -$576K |
|
616
Skyworks Solutions
SWKS
$9.06B
| $31.6M | 0.02% |
261,255
-16,665
| -6% | -$1.64M |
|
|
CPE
617
DELISTED
Callon Petroleum Company
CPE
| $31.4M | 0.02% |
649,280
+41,863
| +7% | +$1.73M |
|
618
iShares MBS ETF
MBB
$39B
| $31.4M | 0.02% |
290,132
-10,018
| -3% | -$1.08M |
|
619
BILL Holdings
BILL
$4.33B
| $31.3M | 0.02% |
+822,342
| New | +$31.2M |
|
620
Freshpet
FRPT
$2.83B
| $31.3M | 0.02% |
528,869
-53,625
| -9% | -$2.86M |
|
|
PVG
621
DELISTED
PRETIUM RESOURCES INC.
PVG
| $31M | 0.02% |
2,787,137
+77,714
| +3% | +$826K |
|
622
Avantor
AVTR
$7.81B
| $30.9M | 0.02% |
1,703,380
+256,600
| +18% | +$4.08M |
|
623
NetEase
NTES
$76.5B
| $30.9M | 0.02% |
503,440
-362,800
| -42% | -$21.3M |
|
624
Mueller Industries
MLI
$14.1B
| $30.8M | 0.02% |
3,886,376
| – | – |
|
625
Planet Fitness
PLNT
$4.23B
| $30.8M | 0.02% |
+411,933
| New | +$27.8M |
|
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.