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 | |
|---|---|---|---|---|---|---|
51
Hartford Financial Services
HIG
$39B
| $881M | 0.46% |
14,500,087
-281,107
| -2% | -$16.9M |
|
52
Sempra
SRE
$61.1B
| $874M | 0.46% |
11,544,830
-2,184,496
| -16% | -$160M |
|
53
Boeing
BA
$165B
| $872M | 0.46% |
2,677,675
+108,300
| +4% | +$38.3M |
|
|
54
Cisco
CSCO
$444B
| $857M | 0.45% |
17,869,145
+5,176,828
| +41% | +$241M |
|
|
RTN
55
DELISTED
Raytheon Company
RTN
| $848M | 0.45% |
3,859,168
+29,050
| +0.8% | +$6.14M |
|
56
3M
MMM
$87.5B
| $846M | 0.44% |
5,737,718
-1,335,902
| -19% | -$187M |
|
57
Charter Communications
CHTR
$15.6B
| $839M | 0.44% |
1,729,524
-410,335
| -19% | -$189M |
|
58
Johnson Controls International
JCI
$87.4B
| $831M | 0.44% |
20,421,038
-2,396,683
| -11% | -$101M |
|
59
RTX Corp
RTX
$282B
| $815M | 0.43% |
8,652,402
-32,314
| -0.4% | -$2.93M |
|
60
Abbott
ABT
$175B
| $815M | 0.43% |
9,386,074
+45,961
| +0.5% | +$3.85M |
|
61
Alphabet (Google) Class A
GOOGL
$3.89T
| $804M | 0.42% |
12,007,240
-715,560
| -6% | -$46.2M |
|
|
K
62
DELISTED
Kellanova
K
| $804M | 0.42% |
12,375,627
-1,110,362
| -8% | -$67.3M |
|
63
Procter & Gamble
PG
$342B
| $789M | 0.41% |
6,316,206
+58,124
| +0.9% | +$7.11M |
|
64
Kinder Morgan
KMI
$72.9B
| $780M | 0.41% |
36,857,015
-6,713,539
| -15% | -$136M |
|
65
Intel
INTC
$504B
| $775M | 0.41% |
12,941,988
+502,407
| +4% | +$28.1M |
|
|
66
Alphabet (Google) Class C
GOOG
$3.89T
| $774M | 0.41% |
11,578,660
-76,020
| -0.7% | -$4.91M |
|
67
Baidu
BIDU
$36.5B
| $764M | 0.4% |
6,048,230
-739,343
| -11% | -$84M |
|
68
Gen Digital
GEN
$15.1B
| $763M | 0.4% |
29,886,419
-293,048
| -1% | -$7.16M |
|
69
United Parcel Service
UPS
$97B
| $757M | 0.4% |
6,465,513
-264,748
| -4% | -$31.3M |
|
70
NXP Semiconductors
NXPI
$70B
| $735M | 0.39% |
5,774,131
+341,019
| +6% | +$39.6M |
|
|
71
Capital One
COF
$123B
| $728M | 0.38% |
7,070,010
-3,439,345
| -33% | -$331M |
|
|
AVGOP
72
DELISTED
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
| $707M | 0.37% |
+600,575
| New | +$675M |
|
73
American International
AIG
$41.4B
| $691M | 0.36% |
13,457,193
-1,921,295
| -12% | -$102M |
|
74
General Motors
GM
$73B
| $687M | 0.36% |
18,764,093
-4,472,637
| -19% | -$163M |
|
75
Albemarle
ALB
$13.8B
| $683M | 0.36% |
9,345,879
-203,646
| -2% | -$13.6M |
|
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.