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 |
Occidental Petroleum
OXY
|
+$634M |
| 2 |
CVS Health
CVS
|
+$597M |
| 3 |
3M
MMM
|
+$504M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$443M |
| 5 |
Kraft Heinz
KHC
|
+$397M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sempra
SRE
|
+$667M |
| 2 |
Merck
MRK
|
+$510M |
| 3 |
DuPont de Nemours
DD
|
+$487M |
| 4 |
UBS Group
UBS
|
+$482M |
| 5 |
Cummins
CMI
|
+$467M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.15% |
| 2 | Technology | 15.86% |
| 3 | Financials | 14.28% |
| 4 | Industrials | 9.17% |
| 5 | Communication Services | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Procter & Gamble
PG
$342B
| $890M | 0.47% |
8,115,616
-2,739,857
| -25% | -$292M |
|
52
United Parcel Service
UPS
$97B
| $886M | 0.47% |
8,582,174
-171,449
| -2% | -$17.8M |
|
53
Intel
INTC
$504B
| $878M | 0.47% |
18,338,630
+6,955,784
| +61% | +$345M |
|
54
NextEra Energy
NEE
$187B
| $864M | 0.46% |
16,874,140
-466,440
| -3% | -$23M |
|
55
Gilead Sciences
GILD
$162B
| $851M | 0.45% |
12,593,412
+282,679
| +2% | +$18.6M |
|
56
American International
AIG
$41.4B
| $846M | 0.45% |
15,869,061
-444,127
| -3% | -$22.1M |
|
57
Baidu
BIDU
$36.5B
| $841M | 0.45% |
7,168,628
+115,288
| +2% | +$16.4M |
|
58
Hartford Financial Services
HIG
$39B
| $839M | 0.45% |
15,048,770
-1,067,232
| -7% | -$56.3M |
|
59
Nike
NKE
$60.8B
| $836M | 0.44% |
9,955,052
-48,004
| -0.5% | -$4.04M |
|
60
Williams Companies
WMB
$92B
| $833M | 0.44% |
29,716,103
-435,352
| -1% | -$12.1M |
|
61
Baker Hughes
BKR
$55.6B
| $825M | 0.44% |
33,482,051
+3,579,374
| +12% | +$86.3M |
|
62
Alphabet (Google) Class A
GOOGL
$3.89T
| $820M | 0.44% |
15,138,320
-6,336,860
| -30% | -$367M |
|
63
Abbott
ABT
$175B
| $782M | 0.42% |
9,303,762
-47,676
| -0.5% | -$3.75M |
|
64
Kroger
KR
$34.2B
| $776M | 0.41% |
35,763,867
+4,293,317
| +14% | +$104M |
|
|
K
65
DELISTED
Kellanova
K
| $741M | 0.39% |
14,734,728
+2,095,352
| +17% | +$111M |
|
66
Target
TGT
$61.1B
| $738M | 0.39% |
8,515,308
-3,844,129
| -31% | -$311M |
|
67
Citizens Financial Group
CFG
$30.3B
| $722M | 0.38% |
20,423,289
-360,996
| -2% | -$12.6M |
|
68
RTX Corp
RTX
$282B
| $716M | 0.38% |
8,740,595
-50,792
| -0.6% | -$4.25M |
|
69
GE Aerospace
GE
$362B
| $705M | 0.38% |
13,479,413
-236,678
| -2% | -$11.7M |
|
70
Cisco
CSCO
$444B
| $705M | 0.38% |
12,887,484
-4,668,262
| -27% | -$258M |
|
|
71
Bristol-Myers Squibb
BMY
$126B
| $697M | 0.37% |
15,360,451
+9,507,798
| +162% | +$443M |
|
72
Eli Lilly
LLY
$1.06T
| $688M | 0.37% |
6,209,182
-2,015,541
| -25% | -$237M |
|
73
General Dynamics
GD
$103B
| $686M | 0.36% |
3,772,000
+33,197
| +0.9% | +$5.71M |
|
74
Salesforce
CRM
$129B
| $676M | 0.36% |
4,457,063
-75,861
| -2% | -$11.9M |
|
75
Albemarle
ALB
$13.8B
| $673M | 0.36% |
9,555,285
+179,740
| +2% | +$13.3M |
|
Similar funds
Franklin Resources's Q2 2019 Portfolio in Review
As of Q2 2019, Franklin Resources held 1,620 positions worth $188B, up 0.7% from $187B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $5.99B in Q2 2019, closing 78 positions and reducing 611 holdings. Its most notable exit was L3Harris, an estimated $48.7M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Dow Inc worth $256M.
- Franklin Resources's largest Q2 2019 buy was Dow Inc: 5,190,536 shares worth $256M.
- Franklin Resources added most to Occidental Petroleum in Q2 2019, an estimated $634M increase.
- Franklin Resources's biggest Q2 2019 reduction was Sempra, cutting an estimated $667M.
- Franklin Resources fully exited L3Harris in Q2 2019, selling an estimated $48.7M.
- Franklin Resources's ten largest holdings make up 12% of its $188B portfolio in Q2 2019.
- Franklin Resources opened 134 new positions and closed 78 in Q2 2019.
- Franklin Resources's portfolio value rose 0.7% quarter-over-quarter to $188B.
Based on Franklin Resources's 13F filing for Q2 2019, filed 14 Aug 2019.