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 | |
|---|---|---|---|---|---|---|
901
iShares S&P Small-Cap 600 Value ETF
IJS
$8.11B
| $6.87M | ﹤0.01% |
85,402
-510
| -0.6% | -$39.5K |
|
902
Graco
GGG
$12.9B
| $6.86M | ﹤0.01% |
131,967
-17,041
| -11% | -$814K |
|
903
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.22B
| $6.83M | ﹤0.01% |
70,674
-2,900
| -4% | -$268K |
|
904
Hilton Worldwide
HLT
$74B
| $6.8M | ﹤0.01% |
61,276
-1,481
| -2% | -$149K |
|
905
Robert Half
RHI
$3.61B
| $6.79M | ﹤0.01% |
107,599
-13,704
| -11% | -$796K |
|
906
ING
ING
$93.8B
| $6.75M | ﹤0.01% |
560,277
-311,443
| -36% | -$3.57M |
|
907
Genuine Parts
GPC
$17.1B
| $6.75M | ﹤0.01% |
63,524
+5,755
| +10% | +$592K |
|
908
Patterson-UTI
PTEN
$3.87B
| $6.74M | ﹤0.01% |
641,800
+29,300
| +5% | +$265K |
|
909
10x Genomics
TXG
$5.87B
| $6.69M | ﹤0.01% |
87,697
+142
| +0.2% | +$8.54K |
|
|
TIF
910
CALL
DELISTED
Tiffany & Co.
TIF
| $6.68M | ﹤0.01% |
+50,000
| New | +$5.91M |
|
|
TIF
911
PUT
DELISTED
Tiffany & Co.
TIF
| $6.68M | ﹤0.01% |
+50,000
| New | +$5.91M |
|
912
HF Sinclair
DINO
$15.9B
| $6.66M | ﹤0.01% |
131,271
+12,075
| +10% | +$640K |
|
913
AerCap
AER
$23.9B
| $6.65M | ﹤0.01% |
108,124
-5,209
| -5% | -$306K |
|
|
BNY
914
Bank of New York Mellon
BNY
$108B
| $6.62M | ﹤0.01% |
131,502
+4,668
| +4% | +$223K |
|
|
ETNB
915
DELISTED
89bio
ETNB
| $6.57M | ﹤0.01% |
+250,000
| New | +$6.96M |
|
916
Lincoln National
LNC
$7.91B
| $6.52M | ﹤0.01% |
110,486
+63,601
| +136% | +$3.74M |
|
917
Sherwin-Williams
SHW
$78.3B
| $6.43M | ﹤0.01% |
33,087
-14,502
| -30% | -$2.77M |
|
918
Tetra Tech
TTEK
$8.23B
| $6.35M | ﹤0.01% |
368,300
+4,800
| +1% | +$83.1K |
|
919
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $6.33M | ﹤0.01% |
168,478
+85
| +0.1% | +$3.17K |
|
920
Align Technology
ALGN
$12B
| $6.33M | ﹤0.01% |
22,690
+17,548
| +341% | +$4.38M |
|
921
Progressive
PGR
$124B
| $6.28M | ﹤0.01% |
86,717
-164,518
| -65% | -$11.9M |
|
922
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
| $6.22M | ﹤0.01% |
68,014
-21,836
| -24% | -$2M |
|
|
GPL
923
DELISTED
Great Panther Mining Limited
GPL
| $6.22M | ﹤0.01% |
1,216,431
| – | – |
|
924
Expeditors International
EXPD
$22.9B
| $6.19M | ﹤0.01% |
79,335
+4,883
| +7% | +$366K |
|
925
FedEx
FDX
$74.5B
| $6.18M | ﹤0.01% |
40,874
-61,576
| -60% | -$9.49M |
|
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.