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 | |
|---|---|---|---|---|---|---|
776
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.8B
| $14.7M | 0.01% |
274,120
-53,000
| -16% | -$2.84M |
|
777
Arcosa
ACA
$7.12B
| $14.7M | 0.01% |
+329,395
| New | +$12.7M |
|
778
HP
HPQ
$23.5B
| $14.6M | 0.01% |
709,637
+46,373
| +7% | +$879K |
|
779
Alnylam Pharmaceuticals
ALNY
$36.3B
| $14.6M | 0.01% |
126,536
-72,646
| -36% | -$7.24M |
|
780
Copart
CPRT
$25.9B
| $14.1M | 0.01% |
621,396
+141,952
| +30% | +$3.03M |
|
781
Alector
ALEC
$164M
| $13.7M | 0.01% |
794,400
+234,000
| +42% | +$3.98M |
|
782
Delta Air Lines
DAL
$55.9B
| $13.7M | 0.01% |
233,559
+23,501
| +11% | +$1.32M |
|
783
SiTime
SITM
$16.6B
| $13.6M | 0.01% |
+534,600
| New | +$10.6M |
|
784
Vanguard FTSE Developed Markets ETF
VEA
$226B
| $13.6M | 0.01% |
308,645
+12,212
| +4% | +$521K |
|
|
BBL
785
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $13.6M | 0.01% |
289,095
-5,334
| -2% | -$235K |
|
|
FOLD
786
DELISTED
Amicus Therapeutics
FOLD
| $13.5M | 0.01% |
1,388,035
-1,345,602
| -49% | -$12.3M |
|
|
GAU
787
Galiano Gold
GAU
$486M
| $13.5M | 0.01% |
14,208,575
| – | – |
|
788
First Industrial Realty Trust
FR
$8.88B
| $13.4M | 0.01% |
321,994
+569
| +0.2% | +$23.5K |
|
789
Bio-Rad Laboratories Class A
BIO
$8.42B
| $13.3M | 0.01% |
36,022
-23,573
| -40% | -$8.31M |
|
|
MAG
790
DELISTED
MAG Silver
MAG
| $13.3M | 0.01% |
1,128,000
| – | – |
|
791
American Coastal Insurance
ACIC
$498M
| $13.3M | 0.01% |
1,056,534
| – | – |
|
|
JHG
792
DELISTED
Janus Henderson
JHG
| $13.3M | 0.01% |
543,752
-183,084
| -25% | -$4.36M |
|
|
DFS
793
DELISTED
Discover Financial Services
DFS
| $13.2M | 0.01% |
155,877
-61,215
| -28% | -$5.05M |
|
794
Winnebago Industries
WGO
$870M
| $13.2M | 0.01% |
249,279
| – | – |
|
795
Hyster-Yale Materials Handling
HY
$593M
| $13.2M | 0.01% |
223,942
+8
| +0% | +$445 |
|
796
Vermilion Energy
VET
$1.73B
| $13.2M | 0.01% |
805,505
-118,788
| -13% | -$1.79M |
|
797
Xencor
XNCR
$1.44B
| $13M | 0.01% |
377,632
-69,400
| -16% | -$2.54M |
|
798
Tyson Foods
TSN
$20.2B
| $13M | 0.01% |
142,605
+3,234
| +2% | +$278K |
|
799
Motorola Solutions
MSI
$69.4B
| $12.9M | 0.01% |
79,756
+17,786
| +29% | +$2.93M |
|
800
Phreesia
PHR
$632M
| $12.7M | 0.01% |
475,129
-51,431
| -10% | -$1.42M |
|
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.