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 | |
|---|---|---|---|---|---|---|
626
Semtech
SMTC
$11.7B
| $30.5M | 0.02% |
577,363
+374,617
| +185% | +$18.8M |
|
627
Eldorado Gold
EGO
$8.31B
| $30.3M | 0.02% |
3,774,690
-180,462
| -5% | -$1.4M |
|
|
UN
628
DELISTED
Unilever NV New York Registry Shares
UN
| $30.3M | 0.02% |
527,514
+56,037
| +12% | +$3.31M |
|
629
RenaissanceRe
RNR
$13.7B
| $30M | 0.02% |
153,260
-39,081
| -20% | -$7.4M |
|
630
Arthur J. Gallagher & Co
AJG
$63.7B
| $29.7M | 0.02% |
311,978
-14,267
| -4% | -$1.31M |
|
631
Alexandria Real Estate Equities
ARE
$8.88B
| $29.6M | 0.02% |
182,897
+35,997
| +25% | +$5.68M |
|
632
iShares MSCI India ETF
INDA
$6.71B
| $29.5M | 0.02% |
840,202
+220,871
| +36% | +$7.57M |
|
633
Welltower
WELL
$178B
| $29.2M | 0.02% |
357,522
+7,094
| +2% | +$607K |
|
634
Blue Owl Capital
OBDC
$5.35B
| $29.2M | 0.02% |
1,633,986
| – | – |
|
635
Zoetis
ZTS
$31.6B
| $29.2M | 0.02% |
220,685
+153,654
| +229% | +$19.1M |
|
636
AllianceBernstein
AB
$3.47B
| $29.2M | 0.02% |
964,185
+1,800
| +0.2% | +$52.5K |
|
637
Boot Barn
BOOT
$4.55B
| $29.2M | 0.02% |
654,926
-26,142
| -4% | -$1.03M |
|
638
Acadia Pharmaceuticals
ACAD
$4.25B
| $28.9M | 0.02% |
676,590
-73,200
| -10% | -$3.18M |
|
|
AXON
639
Axon Enterprise
AXON
$40.5B
| $28.9M | 0.02% |
394,655
+64,904
| +20% | +$4.11M |
|
640
General Mills
GIS
$19.2B
| $28.8M | 0.02% |
538,621
+2,108
| +0.4% | +$111K |
|
641
AvalonBay Communities
AVB
$27.1B
| $28.7M | 0.02% |
136,764
+9,093
| +7% | +$1.95M |
|
|
ADSW
642
DELISTED
Advanced Disposal Services Inc
ADSW
| $28.6M | 0.02% |
868,570
+1,180
| +0.1% | +$38.7K |
|
643
Envista
NVST
$4.28B
| $28.4M | 0.01% |
+957,244
| New | +$27.2M |
|
644
Columbia Sportswear
COLM
$3.19B
| $28.1M | 0.01% |
280,439
-14,069
| -5% | -$1.34M |
|
645
Equity Lifestyle Properties
ELS
$12.8B
| $27.9M | 0.01% |
396,669
-42,523
| -10% | -$2.96M |
|
646
Public Storage
PSA
$60.2B
| $27.8M | 0.01% |
130,478
-48,719
| -27% | -$10.8M |
|
647
Huntington Bancshares
HBAN
$35.1B
| $27.7M | 0.01% |
1,839,426
+5,184
| +0.3% | +$76K |
|
|
AERI
648
DELISTED
Aerie Pharmaceuticals
AERI
| $27.6M | 0.01% |
+1,143,300
| New | +$23.7M |
|
649
BJs Wholesale Club
BJ
$11.9B
| $27.6M | 0.01% |
+1,212,300
| New | +$30M |
|
650
Phillips 66
PSX
$82.9B
| $27.5M | 0.01% |
246,917
+40,182
| +19% | +$4.51M |
|
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.