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 | |
|---|---|---|---|---|---|---|
826
Primis Financial Corp
FRST
$382M
| $10.6M | 0.01% |
649,760
| – | – |
|
827
Darden Restaurants
DRI
$22.5B
| $10.6M | 0.01% |
96,861
+11,616
| +14% | +$1.32M |
|
828
Factset
FDS
$9.05B
| $10.5M | 0.01% |
39,030
-4,167
| -10% | -$1.07M |
|
|
CTXS
829
DELISTED
Citrix Systems Inc
CTXS
| $10.5M | 0.01% |
94,417
+21,932
| +30% | +$2.36M |
|
|
PRAH
830
DELISTED
PRA Health Sciences, Inc.
PRAH
| $10.4M | 0.01% |
+93,613
| New | +$9.63M |
|
831
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.7B
| $10.3M | 0.01% |
80,836
+1,082
| +1% | +$138K |
|
|
WIRE
832
DELISTED
Encore Wire Corp
WIRE
| $10.3M | 0.01% |
179,384
-89,600
| -33% | -$5.14M |
|
833
Cigna
CI
$76.6B
| $10.3M | 0.01% |
50,207
-2,329
| -4% | -$427K |
|
834
Ryman Hospitality Properties
RHP
$8.4B
| $10.3M | 0.01% |
118,422
-935
| -0.8% | -$80.4K |
|
835
iShares MSCI South Korea ETF
EWY
$21.7B
| $10.3M | 0.01% |
164,898
-87,433
| -35% | -$5.19M |
|
836
Advanced Micro Devices
AMD
$851B
| $10.2M | 0.01% |
221,910
-591,688
| -73% | -$21.8M |
|
837
Pan American Silver
PAAS
$18.6B
| $10.1M | 0.01% |
428,249
-7,150
| -2% | -$132K |
|
838
Methanex
MEOH
$4.32B
| $10.1M | 0.01% |
262,005
+82,383
| +46% | +$3.09M |
|
|
AIMC
839
DELISTED
Altra Industrial Motion Corp
AIMC
| $10.1M | 0.01% |
278,584
-209,557
| -43% | -$6.66M |
|
|
MGP
840
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $10.1M | 0.01% |
324,766
-2,790
| -0.9% | -$85.8K |
|
|
PRNB
841
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $10.1M | 0.01% |
183,600
-41,400
| -18% | -$1.55M |
|
842
Lennar Class B
LEN.B
$20B
| $10M | 0.01% |
236,384
-45,868
| -16% | -$2.04M |
|
|
AZRE
843
DELISTED
Azure Power Global Limited
AZRE
| $9.95M | 0.01% |
790,522
| – | – |
|
844
Rocket Pharmaceuticals
RCKT
$348M
| $9.93M | 0.01% |
436,374
-23,900
| -5% | -$399K |
|
845
BridgeBio Pharma
BBIO
$16.5B
| $9.93M | 0.01% |
283,300
-66,700
| -19% | -$1.85M |
|
846
Targa Resources
TRGP
$60.4B
| $9.92M | 0.01% |
242,940
-834,190
| -77% | -$32.4M |
|
847
Freeport-McMoran
FCX
$90B
| $9.83M | 0.01% |
749,375
-36,876
| -5% | -$405K |
|
848
Patrick Industries
PATK
$2.8B
| $9.71M | 0.01% |
277,886
-1,500
| -0.5% | -$48.7K |
|
849
Allstate
ALL
$66.9B
| $9.69M | 0.01% |
86,195
-24,222
| -22% | -$2.64M |
|
850
Huntsman Corp
HUN
$2.24B
| $9.67M | 0.01% |
400,352
-35,673
| -8% | -$826K |
|
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.