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 | |
|---|---|---|---|---|---|---|
51
Hartford Financial Services
HIG
$38.6B
| $896M | 0.49% |
14,781,194
-267,576
| -2% | -$15.7M |
|
52
Kinder Morgan
KMI
$72.9B
| $895M | 0.49% |
43,570,554
-859,668
| -2% | -$17.6M |
|
53
Charter Communications
CHTR
$14.9B
| $882M | 0.48% |
2,139,859
-617,755
| -22% | -$249M |
|
54
General Motors
GM
$75.5B
| $871M | 0.47% |
23,236,730
-166,680
| -0.7% | -$6.41M |
|
55
American International
AIG
$41.9B
| $857M | 0.47% |
15,378,488
-490,573
| -3% | -$27.1M |
|
56
Williams Companies
WMB
$91.8B
| $833M | 0.45% |
34,622,015
+4,905,912
| +17% | +$124M |
|
57
ServiceNow
NOW
$101B
| $828M | 0.45% |
16,316,035
-492,255
| -3% | -$26.8M |
|
|
K
58
DELISTED
Kellanova
K
| $815M | 0.44% |
13,485,989
-1,248,739
| -8% | -$71.4M |
|
59
United Parcel Service
UPS
$97.5B
| $803M | 0.44% |
6,730,261
-1,851,913
| -22% | -$212M |
|
60
Bristol-Myers Squibb
BMY
$127B
| $799M | 0.43% |
15,758,482
+398,031
| +3% | +$18.7M |
|
61
Oracle
ORCL
$342B
| $783M | 0.43% |
14,223,588
-3,249,019
| -19% | -$179M |
|
62
Abbott
ABT
$181B
| $781M | 0.42% |
9,340,113
+36,351
| +0.4% | +$3.09M |
|
63
Eli Lilly
LLY
$1.07T
| $780M | 0.42% |
6,971,473
+762,291
| +12% | +$84.9M |
|
64
Alphabet (Google) Class A
GOOGL
$3.92T
| $777M | 0.42% |
12,722,800
-2,415,520
| -16% | -$143M |
|
65
Procter & Gamble
PG
$344B
| $775M | 0.42% |
6,258,082
-1,857,534
| -23% | -$219M |
|
|
RTN
66
DELISTED
Raytheon Company
RTN
| $751M | 0.41% |
3,830,118
-24,936
| -0.6% | -$4.62M |
|
67
RTX Corp
RTX
$287B
| $746M | 0.41% |
8,684,716
-55,879
| -0.6% | -$4.64M |
|
68
Bank of America Series L
BAC.PRL
$3.96B
| $718M | 0.39% |
478,818
| – | – |
|
69
Gen Digital
GEN
$15.7B
| $713M | 0.39% |
30,179,467
+1,807,598
| +6% | +$42.2M |
|
|
70
Alphabet (Google) Class C
GOOG
$3.91T
| $710M | 0.39% |
11,654,680
+271,120
| +2% | +$16M |
|
71
Baidu
BIDU
$36.3B
| $697M | 0.38% |
6,787,573
-381,055
| -5% | -$40.9M |
|
72
General Dynamics
GD
$105B
| $690M | 0.37% |
3,775,704
+3,704
| +0.1% | +$688K |
|
73
Xcel Energy
XEL
$51B
| $677M | 0.37% |
10,438,545
-110,932
| -1% | -$6.91M |
|
74
Albemarle
ALB
$14B
| $664M | 0.36% |
9,549,525
-5,760
| -0.1% | -$392K |
|
75
Verisk Analytics
VRSK
$26B
| $644M | 0.35% |
4,074,645
+448,920
| +12% | +$69.6M |
|
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.