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 |
Linde
LIN
|
+$872M |
| 2 |
Western Digital
WDC
|
+$304M |
| 3 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$295M |
| 4 |
K
Kellanova
K
|
+$245M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$243M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$1.17B |
| 2 |
PX
Praxair Inc
PX
|
+$894M |
| 3 |
Merck
MRK
|
+$833M |
| 4 |
GE Aerospace
GE
|
+$700M |
| 5 |
Microsoft
MSFT
|
+$675M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.07% |
| 2 | Technology | 15.24% |
| 3 | Financials | 15.2% |
| 4 | Industrials | 8.39% |
| 5 | Communication Services | 7.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
United Parcel Service
UPS
$97.5B
| $774M | 0.47% |
7,938,776
+231,312
| +3% | +$25.1M |
|
52
NextEra Energy
NEE
$187B
| $769M | 0.46% |
17,699,384
-387,936
| -2% | -$17M |
|
53
Hartford Financial Services
HIG
$38.6B
| $755M | 0.46% |
16,974,703
+798,415
| +5% | +$35.9M |
|
54
Nike
NKE
$62B
| $743M | 0.45% |
10,027,106
-56,783
| -0.6% | -$4.25M |
|
55
Williams Companies
WMB
$91.8B
| $736M | 0.44% |
33,375,848
+4,398,335
| +15% | +$110M |
|
56
Chubb
CB
$139B
| $727M | 0.44% |
5,627,065
-25,880
| -0.5% | -$3.34M |
|
57
Amgen
AMGN
$202B
| $725M | 0.44% |
3,725,696
-25,053
| -0.7% | -$4.89M |
|
58
Johnson Controls International
JCI
$87.5B
| $713M | 0.43% |
24,052,073
-272,453
| -1% | -$8.99M |
|
59
ServiceNow
NOW
$101B
| $712M | 0.43% |
19,986,095
+440,805
| +2% | +$15.6M |
|
60
Kroger
KR
$34.6B
| $710M | 0.43% |
25,810,942
+7,875,914
| +44% | +$229M |
|
61
Albemarle
ALB
$14B
| $709M | 0.43% |
9,199,735
+158,355
| +2% | +$14.9M |
|
62
Accenture
ACN
$89.8B
| $708M | 0.43% |
5,023,053
-20,009
| -0.4% | -$3.17M |
|
63
Air Products & Chemicals
APD
$66.3B
| $691M | 0.42% |
4,317,516
-34,999
| -0.8% | -$5.55M |
|
64
Abbott
ABT
$181B
| $678M | 0.41% |
9,373,646
+148,489
| +2% | +$10.4M |
|
|
CELG
65
DELISTED
Celgene Corp
CELG
| $678M | 0.41% |
10,573,040
+1,637,909
| +18% | +$121M |
|
|
AGN
66
DELISTED
Allergan plc
AGN
| $677M | 0.41% |
5,062,207
-69,618
| -1% | -$11.4M |
|
67
Rio Tinto
RIO
$149B
| $661M | 0.4% |
13,628,928
-46,700
| -0.3% | -$2.28M |
|
68
Baker Hughes
BKR
$57.3B
| $640M | 0.39% |
29,765,283
+7,083,178
| +31% | +$181M |
|
69
American International
AIG
$42B
| $637M | 0.38% |
16,174,483
-947,836
| -6% | -$41.4M |
|
70
Salesforce
CRM
$134B
| $631M | 0.38% |
4,609,034
+67,554
| +1% | +$9.29M |
|
71
Citizens Financial Group
CFG
$30.5B
| $629M | 0.38% |
21,157,166
+55,393
| +0.3% | +$1.94M |
|
72
Alphabet (Google) Class C
GOOG
$3.91T
| $623M | 0.38% |
12,040,560
-1,348,440
| -10% | -$72.2M |
|
73
Bank of America
BAC
$436B
| $614M | 0.37% |
24,924,957
+2,524,482
| +11% | +$68.5M |
|
74
DuPont de Nemours
DD
$18.7B
| $610M | 0.37% |
4,505,449
-99,788
| -2% | -$14.3M |
|
75
Xcel Energy
XEL
$51B
| $605M | 0.37% |
12,287,509
-614,348
| -5% | -$30.8M |
|
Similar funds
Franklin Resources's Q4 2018 Portfolio in Review
As of Q4 2018, Franklin Resources held 1,581 positions worth $166B, down 18% from $201B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $9.32B in Q4 2018, closing 110 positions and reducing 645 holdings. Its most notable exit was Praxair Inc, an estimated $894M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, down from 17% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Linde worth $861M.
- Franklin Resources's largest Q4 2018 buy was Linde: 5,516,284 shares worth $861M.
- Franklin Resources added most to Western Digital in Q4 2018, an estimated $304M increase.
- Franklin Resources's biggest Q4 2018 reduction was Eli Lilly, cutting an estimated $1.17B.
- Franklin Resources fully exited Praxair Inc in Q4 2018, selling an estimated $894M.
- Franklin Resources's ten largest holdings make up 12% of its $166B portfolio in Q4 2018.
- Franklin Resources opened 69 new positions and closed 110 in Q4 2018.
- Franklin Resources's portfolio value fell 18% quarter-over-quarter to $166B.
Based on Franklin Resources's 13F filing for Q4 2018, filed 12 Feb 2019.