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 | |
|---|---|---|---|---|---|---|
726
Plains GP Holdings
PAGP
$5.23B
| $19.2M | 0.01% |
1,014,168
-2,324
| -0.2% | -$43.6K |
|
727
Micron Technology
MU
$1.04T
| $19M | 0.01% |
353,873
-374,910
| -51% | -$17.9M |
|
728
Healthcare Services Group
HCSG
$1.56B
| $18.9M | 0.01% |
777,935
+209
| +0% | +$5.18K |
|
729
Alcon
ALC
$33.1B
| $18.9M | 0.01% |
333,293
-193,788
| -37% | -$11.1M |
|
730
Sonos
SONO
$1.75B
| $18.7M | 0.01% |
1,199,732
+3,417
| +0.3% | +$47.6K |
|
731
Franklin Municipal Green Bond ETF
FLMB
$75M
| $18.7M | 0.01% |
715,911
+911
| +0.1% | +$23.7K |
|
732
Paychex
PAYX
$40.4B
| $18.6M | 0.01% |
218,445
+7,075
| +3% | +$597K |
|
733
Federal Signal
FSS
$7.25B
| $18.4M | 0.01% |
569,765
-345,400
| -38% | -$11.3M |
|
|
NBL
734
DELISTED
Noble Energy, Inc.
NBL
| $18.4M | 0.01% |
739,663
+45,884
| +7% | +$975K |
|
735
Idacorp
IDA
$8.23B
| $18.3M | 0.01% |
171,801
| – | – |
|
736
Best Buy
BBY
$18B
| $18.1M | 0.01% |
206,676
+50,635
| +32% | +$3.87M |
|
737
Arq
ARQ
$86.9M
| $18.1M | 0.01% |
1,724,849
+55
| +0% | +$657 |
|
|
PXD
738
DELISTED
Pioneer Natural Resource Co.
PXD
| $18.1M | 0.01% |
119,618
+2,346
| +2% | +$312K |
|
739
Molson Coors Class B
TAP
$7.68B
| $17.9M | 0.01% |
332,146
+82,134
| +33% | +$4.42M |
|
|
NVO
740
Novo Nordisk
NVO
$216B
| $17.9M | 0.01% |
618,400
-61,170
| -9% | -$1.69M |
|
|
TDAY
741
USA Today Co
TDAY
$1.23B
| $17.7M | 0.01% |
2,773,863
+2,243
| +0.1% | +$16.4K |
|
742
Metropolitan Bank Holding Corp
MCB
$1.13B
| $17.7M | 0.01% |
366,732
-1,917
| -0.5% | -$84.6K |
|
|
BMY.RT
743
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $17.6M | 0.01% |
+5,862,728
| New | +$15.2M |
|
744
American Homes 4 Rent
AMH
$12B
| $17.6M | 0.01% |
670,852
+51,635
| +8% | +$1.35M |
|
745
Evercore
EVR
$13.1B
| $17.5M | 0.01% |
234,251
+3,096
| +1% | +$236K |
|
746
Cousins Properties
CUZ
$5.29B
| $17.5M | 0.01% |
424,958
+118,985
| +39% | +$4.68M |
|
747
BellRing Brands
BRBR
$1.51B
| $17.5M | 0.01% |
+820,904
| New | +$16.1M |
|
|
TWNK
748
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $17.3M | 0.01% |
1,191,827
+96,418
| +9% | +$1.31M |
|
|
TPH
749
DELISTED
Tri Pointe Homes
TPH
| $17.1M | 0.01% |
+1,096,446
| New | +$16.9M |
|
750
CBRE Group
CBRE
$40.8B
| $16.9M | 0.01% |
276,504
-31,791
| -10% | -$1.76M |
|
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.