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 |
Chevron
CVX
|
+$864M |
| 2 |
JPMorgan Chase
JPM
|
+$721M |
| 3 |
PepsiCo
PEP
|
+$637M |
| 4 |
ExxonMobil
XOM
|
+$604M |
| 5 |
American Electric Power
AEP
|
+$596M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$396M |
| 2 |
Wells Fargo
WFC
|
+$374M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$322M |
| 4 |
Alibaba
BABA
|
+$306M |
| 5 |
Oracle
ORCL
|
+$305M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.33% |
| 2 | Healthcare | 15.31% |
| 3 | Financials | 10.49% |
| 4 | Consumer Discretionary | 9.14% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Charter Communications
CHTR
$15.2B
| $932M | 0.45% |
1,493,199
-96,587
| -6% | -$57M |
|
52
Alphabet (Google) Class C
GOOG
$3.92T
| $914M | 0.44% |
12,441,920
+42,040
| +0.3% | +$3.21M |
|
53
Shopify
SHOP
$148B
| $902M | 0.44% |
8,819,790
-346,250
| -4% | -$34.4M |
|
|
54
Alphabet (Google) Class A
GOOGL
$3.92T
| $886M | 0.43% |
12,086,740
-1,214,500
| -9% | -$92.5M |
|
55
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.05B
| $877M | 0.42% |
25,230,963
-946,494
| -4% | -$32.4M |
|
56
NXP Semiconductors
NXPI
$68.5B
| $876M | 0.42% |
7,019,568
-258,924
| -4% | -$31.6M |
|
|
57
American Electric Power
AEP
$73.6B
| $855M | 0.41% |
10,465,405
+7,237,738
| +224% | +$596M |
|
|
58
Pfizer
PFE
$140B
| $853M | 0.41% |
24,504,572
-11,298,000
| -32% | -$396M |
|
59
Bank of America
BAC
$435B
| $821M | 0.4% |
34,079,596
+9,870,639
| +41% | +$246M |
|
60
CoStar Group
CSGP
$11.3B
| $808M | 0.39% |
9,517,860
+173,570
| +2% | +$13.8M |
|
61
Cognizant
CTSH
$21.2B
| $787M | 0.38% |
11,343,336
-839,037
| -7% | -$54.6M |
|
62
Intel
INTC
$483B
| $775M | 0.38% |
14,967,043
+6,997,267
| +88% | +$364M |
|
63
Verisk Analytics
VRSK
$26B
| $759M | 0.37% |
4,097,004
+42,716
| +1% | +$7.82M |
|
64
Ecolab
ECL
$75.6B
| $752M | 0.36% |
3,765,058
+77,147
| +2% | +$15.4M |
|
65
Veeva Systems
VEEV
$30.1B
| $749M | 0.36% |
2,665,381
+42,995
| +2% | +$11.3M |
|
66
Ross Stores
ROST
$76.5B
| $743M | 0.36% |
7,959,242
+538,757
| +7% | +$48.3M |
|
67
Johnson Controls International
JCI
$87.6B
| $734M | 0.36% |
17,975,475
-2,475,507
| -12% | -$96.9M |
|
68
Novartis
NVS
$295B
| $724M | 0.35% |
8,330,513
-154,790
| -2% | -$13.4M |
|
69
Eli Lilly
LLY
$1.07T
| $724M | 0.35% |
4,891,050
-114,463
| -2% | -$17.7M |
|
70
Berkshire Hathaway Class B
BRK.B
$1.06T
| $718M | 0.35% |
3,373,071
+207,819
| +7% | +$42.5M |
|
71
Twilio
TWLO
$29.2B
| $705M | 0.34% |
2,854,273
+35,784
| +1% | +$8.82M |
|
72
Williams Companies
WMB
$91.3B
| $703M | 0.34% |
35,780,807
+171,011
| +0.5% | +$3.48M |
|
73
Becton Dickinson
BDX
$42.9B
| $696M | 0.34% |
3,066,283
-182,799
| -6% | -$44.9M |
|
74
Citigroup
C
$221B
| $696M | 0.34% |
16,142,507
+3,027,043
| +23% | +$151M |
|
75
MetLife
MET
$60.3B
| $692M | 0.34% |
18,621,010
+2,049,680
| +12% | +$77.8M |
|
Similar funds
Franklin Resources's Q3 2020 Portfolio in Review
As of Q3 2020, Franklin Resources held 1,922 positions worth $207B, up 6.4% from $194B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Franklin Resources's Q3 2020 filing shows 241 new, 817 increased, 586 reduced and 63 closed positions. Its largest new stake was NextEra Energy, Inc. 6.219% Corporate Units: 6,330,200 shares worth $302M. The largest sale was Pfizer, an estimated $396M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q3 2020 buy was NextEra Energy, Inc. 6.219% Corporate Units: 6,330,200 shares worth $302M.
- Franklin Resources added most to Chevron in Q3 2020, an estimated $864M increase.
- Franklin Resources's biggest Q3 2020 reduction was Pfizer, cutting an estimated $396M.
- Franklin Resources fully exited Signature Bank in Q3 2020, selling an estimated $72.1M.
- Franklin Resources's ten largest holdings make up 14% of its $207B portfolio in Q3 2020.
- Franklin Resources opened 241 new positions and closed 63 in Q3 2020.
- Franklin Resources's portfolio value rose 6.4% quarter-over-quarter to $207B.
Based on Franklin Resources's 13F filing for Q3 2020, filed 12 Nov 2020.