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 | |
|---|---|---|---|---|---|---|
851
Kratos Defense & Security Solutions
KTOS
$8.88B
| $9.59M | 0.01% |
+532,414
| New | +$9.87M |
|
852
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.2B
| $9.57M | 0.01% |
86,168
-98,753
| -53% | -$10.5M |
|
853
Westlake Corp
WLK
$9.46B
| $9.49M | 0.01% |
135,367
-111
| -0.1% | -$7.46K |
|
|
DOC
854
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $9.48M | 0.01% |
500,581
-2,740
| -0.5% | -$50.3K |
|
855
JetBlue
JBLU
$1.96B
| $9.37M | ﹤0.01% |
500,478
+188,041
| +60% | +$3.49M |
|
856
Gossamer Bio
GOSS
$66.5M
| $9.36M | ﹤0.01% |
598,700
-26,300
| -4% | -$530K |
|
857
iShares MSCI ACWI ex US ETF
ACWX
$11.3B
| $9.31M | ﹤0.01% |
187,836
-9,654
| -5% | -$460K |
|
858
Compañía de Cervecerías Unidas
CCU
$2.12B
| $9.27M | ﹤0.01% |
488,382
-462,970
| -49% | -$9.19M |
|
859
XP
XP
$8.62B
| $9.14M | ﹤0.01% |
+237,300
| New | +$8.91M |
|
|
KL
860
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $9.08M | ﹤0.01% |
205,892
+15,733
| +8% | +$698K |
|
|
TVRD
861
Tvardi Therapeutics
TVRD
$23.5M
| $9.07M | ﹤0.01% |
15,633
-328
| -2% | -$230K |
|
862
F5
FFIV
$22.1B
| $9.02M | ﹤0.01% |
64,615
-1,870
| -3% | -$263K |
|
863
Relmada Therapeutics
RLMD
$544M
| $8.78M | ﹤0.01% |
+225,000
| New | +$6.84M |
|
864
Terex
TEX
$7.98B
| $8.7M | ﹤0.01% |
292,100
+73,900
| +34% | +$2.08M |
|
865
iShares MSCI ACWI ETF
ACWI
$32.6B
| $8.62M | ﹤0.01% |
109,014
+31,314
| +40% | +$2.39M |
|
866
NetApp
NTAP
$32.9B
| $8.62M | ﹤0.01% |
138,540
+12,144
| +10% | +$708K |
|
867
Minerva Neurosciences
NERV
$188M
| $8.54M | ﹤0.01% |
150,115
| – | – |
|
|
HES
868
DELISTED
Hess
HES
| $8.51M | ﹤0.01% |
127,339
+2,705
| +2% | +$177K |
|
869
Zimmer Biomet
ZBH
$17.7B
| $8.47M | ﹤0.01% |
58,311
+6,143
| +12% | +$848K |
|
|
FG
870
DELISTED
FGL Holdings Ordinary Shares
FG
| $8.42M | ﹤0.01% |
790,274
-874,147
| -53% | -$7.95M |
|
871
Jack Henry & Associates
JKHY
$10.7B
| $8.36M | ﹤0.01% |
57,359
+27,247
| +90% | +$3.98M |
|
872
Takeda Pharmaceutical
TAK
$55.1B
| $8.33M | ﹤0.01% |
422,181
-163,197
| -28% | -$3.12M |
|
873
Infosys
INFY
$45B
| $8.32M | ﹤0.01% |
805,829
+229,531
| +40% | +$2.31M |
|
874
Enterprise Products Partners
EPD
$83.8B
| $8.29M | ﹤0.01% |
294,285
-645
| -0.2% | -$17.5K |
|
875
Packaging Corp of America
PKG
$22.7B
| $8.15M | ﹤0.01% |
72,809
-19,925
| -21% | -$2.2M |
|
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.