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 | |
|---|---|---|---|---|---|---|
|
MXIM
876
DELISTED
Maxim Integrated Products
MXIM
| $8.05M | ﹤0.01% |
130,871
+17,433
| +15% | +$1.02M |
|
877
Magna International
MGA
$17.9B
| $8.02M | ﹤0.01% |
146,128
-106,412
| -42% | -$5.77M |
|
|
QTS
878
DELISTED
QTS REALTY TRUST, INC.
QTS
| $7.88M | ﹤0.01% |
+145,181
| New | +$7.61M |
|
879
ICICI Bank
IBN
$106B
| $7.78M | ﹤0.01% |
515,402
-113,207
| -18% | -$1.54M |
|
|
SWTX
880
DELISTED
SpringWorks Therapeutics
SWTX
| $7.7M | ﹤0.01% |
200,000
| – | – |
|
881
Carnival Corporation Ltd
CCL
$36.1B
| $7.66M | ﹤0.01% |
150,762
-1,211,276
| -89% | -$54.1M |
|
882
iShares Russell 1000 Growth ETF
IWF
$122B
| $7.61M | ﹤0.01% |
173,132
+5,328
| +3% | +$222K |
|
883
Vanguard Value ETF
VTV
$189B
| $7.54M | ﹤0.01% |
62,876
| – | – |
|
884
Q32 Bio
QTTB
$450M
| $7.52M | ﹤0.01% |
20,194
| – | – |
|
885
Imperial Oil
IMO
$62.1B
| $7.52M | ﹤0.01% |
284,152
-11,573
| -4% | -$293K |
|
886
Amdocs
DOX
$5.53B
| $7.4M | ﹤0.01% |
102,556
+48,074
| +88% | +$3.27M |
|
887
Sumitomo Mitsui Financial
SMFG
$166B
| $7.39M | ﹤0.01% |
997,474
-403,606
| -29% | -$2.9M |
|
888
J.M. Smucker
SJM
$12.6B
| $7.38M | ﹤0.01% |
70,863
+10,611
| +18% | +$1.12M |
|
|
WPX
889
DELISTED
WPX Energy, Inc.
WPX
| $7.26M | ﹤0.01% |
528,310
+47,590
| +10% | +$508K |
|
|
GRMN
890
Garmin
GRMN
$46.9B
| $7.19M | ﹤0.01% |
73,669
-28,258
| -28% | -$2.63M |
|
891
BrightView Holdings
BV
$1.31B
| $7.17M | ﹤0.01% |
425,000
| – | – |
|
|
ZAYO
892
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $7.15M | ﹤0.01% |
206,222
+631
| +0.3% | +$21.6K |
|
893
International General Insurance
IGIC
$1.23B
| $7.13M | ﹤0.01% |
+683,955
| New | +$7.11M |
|
894
Gentex
GNTX
$4.88B
| $7.11M | ﹤0.01% |
245,359
-37,624
| -13% | -$1.06M |
|
895
iShares Russell Mid-Cap ETF
IWR
$56.8B
| $7.11M | ﹤0.01% |
119,253
-1,310
| -1% | -$75.2K |
|
896
Vanguard Growth ETF
VUG
$216B
| $7.07M | ﹤0.01% |
232,788
-8,970
| -4% | -$259K |
|
897
Sanofi
SNY
$104B
| $7.07M | ﹤0.01% |
140,742
-71,147
| -34% | -$3.33M |
|
898
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.28B
| $7.05M | ﹤0.01% |
172,780
+26,115
| +18% | +$1.03M |
|
|
I
899
DELISTED
INTELSAT S. A.
I
| $7.05M | ﹤0.01% |
+1,002,495
| New | +$15.8M |
|
|
BLUE
900
DELISTED
bluebird bio
BLUE
| $6.95M | ﹤0.01% |
6,114
-5,366
| -47% | -$5.83M |
|
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.