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 |
AT&T
T
|
+$636M |
| 2 |
Johnson & Johnson
JNJ
|
+$428M |
| 3 |
T-Mobile US
TMUS
|
+$292M |
| 4 |
3M
MMM
|
+$271M |
| 5 |
K
Kellanova
K
|
+$264M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWX
Time Warner Inc
TWX
|
+$1.24B |
| 2 |
Microsoft
MSFT
|
+$868M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$725M |
| 4 |
Sanofi
SNY
|
+$713M |
| 5 |
MON
Monsanto Co
MON
|
+$586M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.14% |
| 2 | Financials | 15.13% |
| 3 | Technology | 14.69% |
| 4 | Industrials | 9.08% |
| 5 | Communication Services | 7.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PX
51
DELISTED
Praxair Inc
PX
| $880M | 0.45% |
5,564,635
-50,353
| -0.9% | -$7.78M |
|
52
Albemarle
ALB
$13.8B
| $867M | 0.44% |
9,188,870
+152,210
| +2% | +$14.6M |
|
53
Kinder Morgan
KMI
$72.9B
| $851M | 0.44% |
48,137,047
+2,690,314
| +6% | +$44M |
|
|
AGN
54
DELISTED
Allergan plc
AGN
| $841M | 0.43% |
5,046,914
-339,029
| -6% | -$54.4M |
|
55
Accenture
ACN
$84.9B
| $825M | 0.42% |
5,043,369
+48,694
| +1% | +$7.57M |
|
56
United Parcel Service
UPS
$97B
| $824M | 0.42% |
7,760,453
+295,809
| +4% | +$33.2M |
|
57
Citizens Financial Group
CFG
$30.3B
| $822M | 0.42% |
21,124,337
-723,195
| -3% | -$30.1M |
|
58
Nike
NKE
$60.8B
| $819M | 0.42% |
10,283,444
+110,981
| +1% | +$7.82M |
|
59
Williams Companies
WMB
$92B
| $783M | 0.4% |
28,884,127
+2,627,856
| +10% | +$69.3M |
|
60
Voya Financial
VOYA
$8.78B
| $780M | 0.4% |
16,588,350
-335,267
| -2% | -$17.4M |
|
61
Baker Hughes
BKR
$55.6B
| $772M | 0.4% |
23,373,735
-132,196
| -0.6% | -$4.49M |
|
62
General Motors
GM
$73B
| $769M | 0.39% |
19,505,252
-5,369,353
| -22% | -$211M |
|
63
CVS Health
CVS
$136B
| $756M | 0.39% |
11,748,916
-400,527
| -3% | -$26.4M |
|
64
Alphabet (Google) Class C
GOOG
$3.89T
| $738M | 0.38% |
13,228,580
-334,100
| -2% | -$18.1M |
|
65
Amgen
AMGN
$201B
| $730M | 0.37% |
3,952,377
-96,968
| -2% | -$17.2M |
|
|
CELG
66
DELISTED
Celgene Corp
CELG
| $729M | 0.37% |
9,179,327
-77,072
| -0.8% | -$6.4M |
|
67
Johnson Controls International
JCI
$87.4B
| $720M | 0.37% |
21,520,887
+2,588,984
| +14% | +$89.9M |
|
|
APC
68
DELISTED
Anadarko Petroleum
APC
| $705M | 0.36% |
9,627,918
-4,935,318
| -34% | -$335M |
|
69
Advance Auto Parts
AAP
$3.22B
| $705M | 0.36% |
5,197,342
+52,959
| +1% | +$6.43M |
|
70
General Dynamics
GD
$103B
| $702M | 0.36% |
3,765,028
-8,376
| -0.2% | -$1.72M |
|
71
Host Hotels & Resorts
HST
$16.4B
| $691M | 0.35% |
32,795,139
-4,258,515
| -11% | -$87M |
|
72
NextEra Energy
NEE
$187B
| $686M | 0.35% |
16,418,628
+434,540
| +3% | +$17.5M |
|
73
RTX Corp
RTX
$282B
| $682M | 0.35% |
8,665,132
-342,229
| -4% | -$26.8M |
|
74
Air Products & Chemicals
APD
$65.5B
| $679M | 0.35% |
4,358,930
-87
| -0% | -$14.2K |
|
75
ServiceNow
NOW
$95.1B
| $671M | 0.34% |
19,464,310
+330,565
| +2% | +$11.5M |
|
Similar funds
Franklin Resources's Q2 2018 Portfolio in Review
As of Q2 2018, Franklin Resources held 1,586 positions worth $195B, down 1.2% from $197B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Franklin Resources withdrew a net $9.43B in Q2 2018, closing 123 positions and reducing 589 holdings. Its most notable exit was Time Warner Inc, an estimated $1.24B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, up from 16% a quarter earlier, followed by Financials and Technology.
Against the trend, Franklin Resources opened a new position in Evergy worth $274M.
- Franklin Resources's largest Q2 2018 buy was Evergy: 4,886,895 shares worth $274M.
- Franklin Resources added most to AT&T in Q2 2018, an estimated $636M increase.
- Franklin Resources's biggest Q2 2018 reduction was Microsoft, cutting an estimated $868M.
- Franklin Resources fully exited Time Warner Inc in Q2 2018, selling an estimated $1.24B.
- Franklin Resources's ten largest holdings make up 14% of its $195B portfolio in Q2 2018.
- Franklin Resources opened 92 new positions and closed 123 in Q2 2018.
- Franklin Resources's portfolio value fell 1.2% quarter-over-quarter to $195B.
Based on Franklin Resources's 13F filing for Q2 2018, filed 14 Aug 2018.