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 |
Franklin US Core Bond ETF
FLCB
|
+$697M |
| 2 |
Verizon
VZ
|
+$437M |
| 3 |
Merck
MRK
|
+$411M |
| 4 |
Franklin US Treasury Bond ETF
FLGV
|
+$370M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$326M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$1.17B |
| 2 |
RTN
Raytheon Company
RTN
|
+$831M |
| 3 |
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
|
+$566M |
| 4 |
Gilead Sciences
GILD
|
+$499M |
| 5 |
WBA
Walgreens Boots Alliance
WBA
|
+$463M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.52% |
| 2 | Healthcare | 15.75% |
| 3 | Financials | 10.84% |
| 4 | Consumer Discretionary | 8.86% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Target
TGT
$61.1B
| $875M | 0.45% |
7,104,705
+377,650
| +6% | +$43.1M |
|
52
PayPal
PYPL
$49.4B
| $874M | 0.45% |
4,900,550
+1,320,032
| +37% | +$182M |
|
53
Meta Platforms (Facebook)
META
$1.54T
| $873M | 0.45% |
3,638,175
+262,896
| +8% | +$54.9M |
|
54
Shopify
SHOP
$145B
| $871M | 0.45% |
9,166,040
+524,450
| +6% | +$36.4M |
|
55
UnitedHealth
UNH
$385B
| $869M | 0.45% |
2,834,756
+392,500
| +16% | +$112M |
|
56
Becton Dickinson
BDX
$42.1B
| $867M | 0.45% |
3,249,082
-320,683
| -9% | -$77.3M |
|
57
Danaher
DHR
$135B
| $834M | 0.43% |
4,812,358
+411,583
| +9% | +$59.1M |
|
58
Eli Lilly
LLY
$1.06T
| $825M | 0.43% |
5,005,513
-1,011,270
| -17% | -$155M |
|
59
Salesforce
CRM
$129B
| $805M | 0.41% |
4,206,941
+82,769
| +2% | +$13.9M |
|
60
Ecolab
ECL
$74.1B
| $776M | 0.4% |
3,687,911
+217,483
| +6% | +$42.1M |
|
61
Johnson Controls International
JCI
$87.4B
| $758M | 0.39% |
20,450,982
+333,045
| +2% | +$10.2M |
|
62
Cognizant
CTSH
$20.3B
| $755M | 0.39% |
12,182,373
-601,448
| -5% | -$32.3M |
|
63
Twilio
TWLO
$28.1B
| $739M | 0.38% |
2,818,489
+466,873
| +20% | +$75M |
|
64
Verisk Analytics
VRSK
$25.3B
| $735M | 0.38% |
4,054,288
+10,474
| +0.3% | +$1.66M |
|
65
Novartis
NVS
$297B
| $734M | 0.38% |
8,485,303
-398,937
| -4% | -$34.4M |
|
66
Kroger
KR
$34.2B
| $716M | 0.37% |
20,357,981
-8,675,311
| -30% | -$281M |
|
67
McDonald's
MCD
$187B
| $715M | 0.37% |
3,598,271
+159,358
| +5% | +$29.2M |
|
68
Coca-Cola
KO
$349B
| $704M | 0.36% |
14,529,267
+3,429,325
| +31% | +$158M |
|
69
Rio Tinto
RIO
$149B
| $699M | 0.36% |
11,383,693
+79,500
| +0.7% | +$4.03M |
|
70
Williams Companies
WMB
$92B
| $693M | 0.36% |
35,609,796
-4,825,775
| -12% | -$89.8M |
|
71
Kraft Heinz
KHC
$30.1B
| $680M | 0.35% |
19,489,988
-2,038,009
| -9% | -$61.2M |
|
72
Veeva Systems
VEEV
$29.2B
| $678M | 0.35% |
2,622,386
+111,683
| +4% | +$22.1M |
|
73
Citigroup
C
$221B
| $678M | 0.35% |
13,115,464
+1,877,561
| +17% | +$89.1M |
|
74
AbbVie
ABBV
$454B
| $669M | 0.34% |
6,842,990
+2,789,463
| +69% | +$246M |
|
75
Albemarle
ALB
$13.8B
| $661M | 0.34% |
7,540,587
-1,246,393
| -14% | -$84.7M |
|
Similar funds
Franklin Resources's Q2 2020 Portfolio in Review
As of Q2 2020, Franklin Resources held 1,773 positions worth $194B, up 30% from $150B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Franklin Resources's Q2 2020 filing shows 304 new, 648 increased, 578 reduced and 97 closed positions. Its largest new stake was Franklin US Treasury Bond ETF: 14,676,171 shares worth $374M. The largest sale was Allergan plc, an estimated $1.17B.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 18% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2020 buy was Franklin US Treasury Bond ETF: 14,676,171 shares worth $374M.
- Franklin Resources added most to Franklin US Core Bond ETF in Q2 2020, an estimated $697M increase.
- Franklin Resources's biggest Q2 2020 reduction was Gilead Sciences, cutting an estimated $499M.
- Franklin Resources fully exited Allergan plc in Q2 2020, selling an estimated $1.17B.
- Franklin Resources's ten largest holdings make up 13% of its $194B portfolio in Q2 2020.
- Franklin Resources opened 304 new positions and closed 97 in Q2 2020.
- Franklin Resources's portfolio value rose 30% quarter-over-quarter to $194B.
Based on Franklin Resources's 13F filing for Q2 2020, filed 13 Aug 2020.