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 | |
|---|---|---|---|---|---|---|
676
Broadridge
BR
$17.2B
| $24.2M | 0.01% |
195,649
+125,515
| +179% | +$15.3M |
|
677
Electronic Arts
EA
$52.4B
| $23.9M | 0.01% |
222,640
+592
| +0.3% | +$58.8K |
|
|
MOR
678
DELISTED
MorphoSys AG American Depositary Shares
MOR
| $23.9M | 0.01% |
669,800
| – | – |
|
679
Knowles
KN
$3.22B
| $23.7M | 0.01% |
1,118,749
-1,482,572
| -57% | -$31.8M |
|
680
Grupo Cibest SA
CIB
$20.4B
| $23.4M | 0.01% |
427,330
-10,823
| -2% | -$559K |
|
681
Yum! Brands
YUM
$41B
| $23.3M | 0.01% |
231,741
+11,395
| +5% | +$1.18M |
|
682
Emergent Biosolutions
EBS
$375M
| $23.2M | 0.01% |
429,531
-695
| -0.2% | -$37.7K |
|
683
Sportsman's Warehouse
SPWH
$43.7M
| $23.1M | 0.01% |
2,878,016
-1,246,720
| -30% | -$8.81M |
|
684
Kilroy Realty
KRC
$4.58B
| $23M | 0.01% |
274,546
+68,967
| +34% | +$5.62M |
|
685
TherapeuticsMD
TXMD
$23.8M
| $22.9M | 0.01% |
189,671
-15,165
| -7% | -$2.18M |
|
|
GDP
686
DELISTED
Goodrich Petroleum Corporation Common Stock
GDP
| $22.9M | 0.01% |
2,281,700
| – | – |
|
687
Kimberly-Clark
KMB
$36.4B
| $22.9M | 0.01% |
166,497
+36,174
| +28% | +$4.89M |
|
688
German American Bancorp
GABC
$1.82B
| $22.9M | 0.01% |
641,575
+75,945
| +13% | +$2.54M |
|
689
Columbus McKinnon
CMCO
$465M
| $22.8M | 0.01% |
+570,136
| New | +$22M |
|
|
DERM
690
DELISTED
Dermira, Inc.
DERM
| $22.7M | 0.01% |
1,497,680
+127,260
| +9% | +$1.1M |
|
|
PS
691
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $22.6M | 0.01% |
1,310,925
-2,655,370
| -67% | -$45.2M |
|
|
MASI
692
DELISTED
Masimo
MASI
| $22.4M | 0.01% |
142,011
+7,435
| +6% | +$1.12M |
|
693
Old Dominion Freight Line
ODFL
$48.5B
| $22.4M | 0.01% |
353,463
-186,189
| -35% | -$11.4M |
|
694
Franklin Resources
BEN
$16.9B
| $22.3M | 0.01% |
859,523
-11,914
| -1% | -$324K |
|
695
Lithia Motors
LAD
$7.78B
| $22.2M | 0.01% |
151,343
-108,694
| -42% | -$16.3M |
|
|
CERN
696
DELISTED
Cerner Corp
CERN
| $22.2M | 0.01% |
302,511
+67,951
| +29% | +$4.7M |
|
|
GOOS
697
Canada Goose Holdings
GOOS
$868M
| $22M | 0.01% |
608,664
-6,268
| -1% | -$242K |
|
|
AIFU
698
AIFU Inc
AIFU
$201M
| $22M | 0.01% |
2,122
-736
| -26% | -$7.58M |
|
699
Healthpeak Properties
DOC
$15.4B
| $22M | 0.01% |
638,350
+8,353
| +1% | +$292K |
|
700
Dow Inc
DOW
$21.6B
| $22M | 0.01% |
402,010
-2,096,780
| -84% | -$108M |
|
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.