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 | |
|---|---|---|---|---|---|---|
801
Repligen
RGEN
$7.44B
| $12.6M | 0.01% |
136,246
+126,146
| +1,249% | +$10.6M |
|
802
Markel Group
MKL
$25B
| $12.5M | 0.01% |
10,963
-1,475
| -12% | -$1.68M |
|
|
ERUS
803
DELISTED
iShares MSCI Russia ETF
ERUS
| $12.5M | 0.01% |
293,749
+148,188
| +102% | +$6.14M |
|
804
Globant
GLOB
$1.35B
| $12.4M | 0.01% |
+116,770
| New | +$11.6M |
|
805
Regenxbio
RGNX
$623M
| $12.4M | 0.01% |
302,276
-22,400
| -7% | -$885K |
|
806
Natural Gas Services Group
NGS
$470M
| $12.2M | 0.01% |
997,673
| – | – |
|
807
Ameriprise Financial
AMP
$46.8B
| $12.2M | 0.01% |
73,150
+38,414
| +111% | +$5.95M |
|
|
STOR
808
DELISTED
STORE Capital Corporation
STOR
| $12.2M | 0.01% |
326,341
+9,713
| +3% | +$376K |
|
|
GRP.U
809
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $12.1M | 0.01% |
237,176
-45,687
| -16% | -$2.3M |
|
|
MINI
810
DELISTED
Mobile Mini Inc
MINI
| $12M | 0.01% |
317,555
-930
| -0.3% | -$35.1K |
|
811
Fortinet
FTNT
$112B
| $12M | 0.01% |
562,165
-43,195
| -7% | -$813K |
|
812
TechnipFMC
FTI
$30.6B
| $11.9M | 0.01% |
745,338
+49,684
| +7% | +$771K |
|
|
CNST
813
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $11.8M | 0.01% |
+250,000
| New | +$7.22M |
|
814
Digital Realty Trust
DLR
$73.7B
| $11.8M | 0.01% |
98,151
-47,790
| -33% | -$5.88M |
|
815
TotalEnergies
TTE
$193B
| $11.7M | 0.01% |
211,858
-67,384
| -24% | -$3.56M |
|
816
State Street SPDR Dow Jones REIT ETF
RWR
$1.93B
| $11.6M | 0.01% |
113,719
| – | – |
|
|
OPTN
817
DELISTED
OptiNose
OPTN
| $11.5M | 0.01% |
83,373
+42,913
| +106% | +$5.57M |
|
818
Americold
COLD
$4.09B
| $11.5M | 0.01% |
328,459
-1,366
| -0.4% | -$50.3K |
|
819
PNC Financial Services
PNC
$100B
| $11.4M | 0.01% |
71,136
-32,318
| -31% | -$4.85M |
|
820
Teck Resources
TECK
$29.5B
| $11.3M | 0.01% |
650,448
-142,952
| -18% | -$2.33M |
|
821
Marathon Petroleum
MPC
$90.3B
| $11.3M | 0.01% |
186,818
+12,389
| +7% | +$775K |
|
822
Southwest Airlines
LUV
$22.1B
| $11.2M | 0.01% |
208,349
+21,540
| +12% | +$1.19M |
|
|
VIE
823
DELISTED
Viela Bio, Inc. Common Stock
VIE
| $10.9M | 0.01% |
+400,000
| New | +$10.1M |
|
|
NEWR
824
DELISTED
New Relic, Inc.
NEWR
| $10.8M | 0.01% |
164,400
-435,600
| -73% | -$28.3M |
|
825
Texas Capital Bancshares
TCBI
$4.31B
| $10.7M | 0.01% |
188,745
| – | – |
|
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.