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 | |
|---|---|---|---|---|---|---|
651
Paycom
PAYC
$6.78B
| $26.9M | 0.01% |
+101,751
| New | +$24.1M |
|
652
Caleres
CAL
$396M
| $26.9M | 0.01% |
1,134,215
-466,606
| -29% | -$10.5M |
|
653
Aurinia Pharmaceuticals
AUPH
$1.97B
| $26.9M | 0.01% |
1,328,000
-79,500
| -6% | -$732K |
|
654
Saia
SAIA
$11.3B
| $26.8M | 0.01% |
287,999
-152,262
| -35% | -$14.4M |
|
|
B
655
DELISTED
Barnes Group Inc.
B
| $26.7M | 0.01% |
431,300
+75,700
| +21% | +$4.38M |
|
656
Zymeworks
ZYME
$1.68B
| $26.7M | 0.01% |
586,715
-49,500
| -8% | -$1.8M |
|
657
Qualcomm
QCOM
$176B
| $26.7M | 0.01% |
302,088
+132,272
| +78% | +$11.1M |
|
658
CRISPR Therapeutics
CRSP
$4.58B
| $26.5M | 0.01% |
435,644
+11,031
| +3% | +$602K |
|
659
Grocery Outlet
GO
$891M
| $26.5M | 0.01% |
817,033
+498,441
| +156% | +$16M |
|
660
Diageo
DEO
$46.2B
| $26.4M | 0.01% |
156,774
-4,711
| -3% | -$766K |
|
661
Fastenal
FAST
$54B
| $26.2M | 0.01% |
1,418,524
+730,266
| +106% | +$13.1M |
|
|
SMAR
662
DELISTED
Smartsheet Inc.
SMAR
| $26.1M | 0.01% |
581,577
+26,477
| +5% | +$1.09M |
|
663
Simply Good Foods
SMPL
$904M
| $26.1M | 0.01% |
914,608
+53,345
| +6% | +$1.41M |
|
664
Tenaris
TS
$29.1B
| $26M | 0.01% |
1,149,943
-91,243
| -7% | -$1.96M |
|
665
Liberty Energy
LBRT
$2.83B
| $26M | 0.01% |
2,339,249
+114,981
| +5% | +$1.09M |
|
666
LyondellBasell Industries
LYB
$19.5B
| $25.6M | 0.01% |
270,667
-312,408
| -54% | -$28.6M |
|
667
Huron Consulting
HURN
$1.82B
| $25.4M | 0.01% |
369,743
-178,500
| -33% | -$11.6M |
|
668
Yelp
YELP
$1.38B
| $25.2M | 0.01% |
722,714
-147,158
| -17% | -$4.99M |
|
669
Corteva
CTVA
$59.7B
| $25.1M | 0.01% |
850,688
-531,038
| -38% | -$14.1M |
|
670
John Wiley & Sons Class A
WLY
$2.52B
| $24.8M | 0.01% |
511,976
-352,799
| -41% | -$16.4M |
|
671
AXIS Capital
AXS
$8.59B
| $24.8M | 0.01% |
417,656
+25,432
| +6% | +$1.54M |
|
|
TRST
672
Trustco Bank Corp NY
TRST
$977M
| $24.6M | 0.01% |
566,873
+35
| +0% | +$1.5K |
|
673
Dave & Buster's
PLAY
$343M
| $24.5M | 0.01% |
609,795
-6,275
| -1% | -$251K |
|
674
Atlantic Union Bankshares
AUB
$5.99B
| $24.3M | 0.01% |
647,071
-308
| -0% | -$11.6K |
|
675
Diana Shipping
DSX
$280M
| $24.2M | 0.01% |
11,126,000
-3,557,573
| -24% | -$8.61M |
|
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.