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 | |
|---|---|---|---|---|---|---|
701
Sysco
SYY
$39.7B
| $21.8M | 0.01% |
254,568
-31,038
| -11% | -$2.51M |
|
702
Sarepta Therapeutics
SRPT
$1.66B
| $21.7M | 0.01% |
168,398
+98
| +0.1% | +$9.89K |
|
|
XYZ
703
Block Inc
XYZ
$45.9B
| $21.7M | 0.01% |
346,556
+40
| +0% | +$2.56K |
|
704
Revolve Group
RVLV
$1.79B
| $21.4M | 0.01% |
1,167,300
+526,100
| +82% | +$9.96M |
|
705
PagerDuty
PD
$700M
| $21.3M | 0.01% |
912,593
+540,593
| +145% | +$13.3M |
|
706
TriMas Corp
TRS
$1.43B
| $21.2M | 0.01% |
675,818
+1,900
| +0.3% | +$58.6K |
|
707
Hershey
HSY
$35.4B
| $21.2M | 0.01% |
144,060
+13,758
| +11% | +$2.04M |
|
708
PRA Group
PRAA
$648M
| $21.1M | 0.01% |
581,880
-1,605
| -0.3% | -$56.8K |
|
709
Camden Property Trust
CPT
$11.3B
| $21.1M | 0.01% |
198,744
-3,480
| -2% | -$385K |
|
710
Dick's Sporting Goods
DKS
$18.4B
| $20.8M | 0.01% |
420,559
-117,684
| -22% | -$5.01M |
|
|
GSS
711
DELISTED
Golden Star Resources Ltd.
GSS
| $20.8M | 0.01% |
5,458,333
-20,000
| -0.4% | -$63.9K |
|
712
LCI Industries
LCII
$2.51B
| $20.7M | 0.01% |
193,119
-81,371
| -30% | -$8.24M |
|
|
HI
713
DELISTED
Hillenbrand
HI
| $20.6M | 0.01% |
619,437
+66
| +0% | +$2.08K |
|
714
lululemon athletica
LULU
$13B
| $20.5M | 0.01% |
88,685
+29,009
| +49% | +$6.18M |
|
|
FOE
715
DELISTED
Ferro Corporation
FOE
| $20.3M | 0.01% |
1,371,296
| – | – |
|
|
VER
716
DELISTED
VEREIT, Inc.
VER
| $20.1M | 0.01% |
435,194
+17,087
| +4% | +$819K |
|
717
Neogen
NEOG
$2.05B
| $20.1M | 0.01% |
616,044
-1,104
| -0.2% | -$36.3K |
|
718
Fidelity National Information Services
FIS
$21.5B
| $20M | 0.01% |
143,936
-669
| -0.5% | -$89.7K |
|
719
Brookfield Infrastructure Partners
BIP
$18.8B
| $19.9M | 0.01% |
668,344
-75,914
| -10% | -$2.27M |
|
720
Clorox
CLX
$11.6B
| $19.8M | 0.01% |
128,834
+40,595
| +46% | +$6.07M |
|
721
Regency Centers
REG
$15B
| $19.8M | 0.01% |
313,300
-36,743
| -10% | -$2.41M |
|
722
MakeMyTrip
MMYT
$4.67B
| $19.6M | 0.01% |
853,259
-191,369
| -18% | -$4.63M |
|
723
Omnicom Group
OMC
$22.7B
| $19.4M | 0.01% |
240,041
-38,057
| -14% | -$2.98M |
|
724
BP
BP
$113B
| $19.4M | 0.01% |
514,203
-90,620
| -15% | -$3.44M |
|
725
AutoZone
AZO
$48.3B
| $19.3M | 0.01% |
16,231
+6,311
| +64% | +$7.29M |
|
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.