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 |
SLB Ltd
SLB
|
+$719M |
| 2 |
Franklin US Core Bond ETF
FLCB
|
+$536M |
| 3 |
Occidental Petroleum
OXY
|
+$462M |
| 4 |
B
Barrick Mining
B
|
+$396M |
| 5 |
CHK
Chesapeake Energy Corporation
CHK
|
+$387M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RHT
Red Hat Inc
RHT
|
+$610M |
| 2 |
APC
Anadarko Petroleum
APC
|
+$568M |
| 3 |
Target
TGT
|
+$560M |
| 4 |
Medtronic
MDT
|
+$446M |
| 5 |
Ford
F
|
+$442M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.76% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 14.11% |
| 4 | Industrials | 9.28% |
| 5 | Utilities | 7.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VER
701
DELISTED
VEREIT, Inc.
VER
| $20.4M | 0.01% |
418,107
+38,019
| +10% | +$1.79M |
|
702
Hershey
HSY
$35.4B
| $20.2M | 0.01% |
130,302
+10,480
| +9% | +$1.58M |
|
|
MASI
703
DELISTED
Masimo
MASI
| $20M | 0.01% |
134,576
+88,513
| +192% | +$13.4M |
|
|
SMAR
704
DELISTED
Smartsheet Inc.
SMAR
| $20M | 0.01% |
555,100
+327,600
| +144% | +$15.6M |
|
705
Bio-Rad Laboratories Class A
BIO
$8.42B
| $19.8M | 0.01% |
59,595
-4,933
| -8% | -$1.61M |
|
706
PRA Group
PRAA
$648M
| $19.7M | 0.01% |
583,485
+3,702
| +0.6% | +$118K |
|
707
IAMGOLD
IAG
$8.47B
| $19.6M | 0.01% |
5,736,656
-511,792
| -8% | -$1.84M |
|
708
Progressive
PGR
$124B
| $19.4M | 0.01% |
251,235
+65,230
| +35% | +$5.13M |
|
709
Idacorp
IDA
$8.23B
| $19.4M | 0.01% |
171,801
-42,416
| -20% | -$4.52M |
|
710
iShares Russell 2000 Value ETF
IWN
$14.4B
| $19.3M | 0.01% |
162,034
-162,117
| -50% | -$19.1M |
|
711
Fidelity National Information Services
FIS
$21.5B
| $19.2M | 0.01% |
144,605
+3,881
| +3% | +$515K |
|
|
HI
712
DELISTED
Hillenbrand
HI
| $19.1M | 0.01% |
619,371
-3,039
| -0.5% | -$96.3K |
|
713
Digital Realty Trust
DLR
$73.7B
| $18.9M | 0.01% |
145,941
+235
| +0.2% | +$28.6K |
|
714
Healthcare Services Group
HCSG
$1.56B
| $18.9M | 0.01% |
777,726
-159,789
| -17% | -$4.03M |
|
715
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.2B
| $18.9M | 0.01% |
184,921
+58,053
| +46% | +$5.95M |
|
716
Sea Limited
SE
$61.2B
| $18.7M | 0.01% |
605,400
+499,200
| +470% | +$16.8M |
|
|
AXON
717
Axon Enterprise
AXON
$40.5B
| $18.7M | 0.01% |
+329,751
| New | +$20.8M |
|
718
Franklin Municipal Green Bond ETF
FLMB
$75M
| $18.7M | 0.01% |
715,000
+400,000
| +127% | +$10.5M |
|
|
LTXB
719
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $18.5M | 0.01% |
425,376
-78,795
| -16% | -$3.28M |
|
720
Evercore
EVR
$13.1B
| $18.5M | 0.01% |
231,155
+4,696
| +2% | +$389K |
|
721
Kimberly-Clark
KMB
$36.4B
| $18.5M | 0.01% |
130,323
+38,629
| +42% | +$5.31M |
|
|
MOR
722
DELISTED
MorphoSys AG American Depositary Shares
MOR
| $18.4M | 0.01% |
669,800
| – | – |
|
|
LVGO
723
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $18.4M | 0.01% |
+1,053,290
| New | +$31.9M |
|
|
B
724
DELISTED
Barnes Group Inc.
B
| $18.3M | 0.01% |
+355,600
| New | +$17.8M |
|
725
German American Bancorp
GABC
$1.82B
| $18.1M | 0.01% |
565,630
+11,900
| +2% | +$367K |
|
Similar funds
Franklin Resources's Q3 2019 Portfolio in Review
As of Q3 2019, Franklin Resources held 1,609 positions worth $184B, down 2.1% from $188B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $6.67B in Q3 2019, closing 103 positions and reducing 641 holdings. Its most notable exit was Red Hat Inc, an estimated $610M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Franklin US Core Bond ETF worth $537M.
- Franklin Resources's largest Q3 2019 buy was Franklin US Core Bond ETF: 21,301,140 shares worth $537M.
- Franklin Resources added most to SLB Ltd in Q3 2019, an estimated $719M increase.
- Franklin Resources's biggest Q3 2019 reduction was Target, cutting an estimated $560M.
- Franklin Resources fully exited Red Hat Inc in Q3 2019, selling an estimated $610M.
- Franklin Resources's ten largest holdings make up 12% of its $184B portfolio in Q3 2019.
- Franklin Resources opened 65 new positions and closed 103 in Q3 2019.
- Franklin Resources's portfolio value fell 2.1% quarter-over-quarter to $184B.
Based on Franklin Resources's 13F filing for Q3 2019, filed 14 Nov 2019.