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 | |
|---|---|---|---|---|---|---|
926
Qiagen
QGEN
$8.53B
| $6.16M | ﹤0.01% |
170,061
-191,395
| -53% | -$7.11M |
|
927
SEI Investments
SEIC
$11.9B
| $6.14M | ﹤0.01% |
93,829
-575,285
| -86% | -$35.8M |
|
928
Cooper Companies
COO
$13.7B
| $6.14M | ﹤0.01% |
76,392
+13,120
| +21% | +$989K |
|
929
CareTrust REIT
CTRE
$10.2B
| $6.07M | ﹤0.01% |
294,025
-1,275
| -0.4% | -$27.9K |
|
930
Akamai
AKAM
$16.8B
| $5.92M | ﹤0.01% |
68,583
+14,053
| +26% | +$1.23M |
|
|
AMK
931
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $5.86M | ﹤0.01% |
201,915
+53,215
| +36% | +$1.39M |
|
|
MPT
932
Medical Properties Trust
MPT
$2.89B
| $5.83M | ﹤0.01% |
276,007
+58,677
| +27% | +$1.19M |
|
933
iShares Core S&P Small-Cap ETF
IJR
$109B
| $5.82M | ﹤0.01% |
69,404
+6,817
| +11% | +$548K |
|
934
State Street SPDR S&P International Small Cap ETF
GWX
$861M
| $5.81M | ﹤0.01% |
182,270
| – | – |
|
|
DEACU
935
DELISTED
Diamond Eagle Acquisition Corp. Unit
DEACU
| $5.79M | ﹤0.01% |
503,920
| – | – |
|
936
Sociedad Química y Minera de Chile
SQM
$19.6B
| $5.75M | ﹤0.01% |
215,588
| – | – |
|
937
Miller Industries
MLR
$586M
| $5.75M | ﹤0.01% |
154,916
-29,474
| -16% | -$1.04M |
|
938
Bausch Health
BHC
$1.65B
| $5.74M | ﹤0.01% |
191,550
-15,006
| -7% | -$390K |
|
939
Pultegroup
PHM
$24.5B
| $5.71M | ﹤0.01% |
147,293
+107,144
| +267% | +$4.16M |
|
940
iShares MSCI Saudi Arabia ETF
KSA
$647M
| $5.7M | ﹤0.01% |
184,196
+89,139
| +94% | +$2.66M |
|
941
Ventas
VTR
$48.9B
| $5.68M | ﹤0.01% |
98,299
+27,776
| +39% | +$1.74M |
|
|
JAG
942
DELISTED
Jagged Peak Energy Inc.
JAG
| $5.65M | ﹤0.01% |
665,716
+27,700
| +4% | +$202K |
|
943
Hormel Foods
HRL
$13.9B
| $5.65M | ﹤0.01% |
125,226
+10,982
| +10% | +$473K |
|
944
PACCAR
PCAR
$69.6B
| $5.64M | ﹤0.01% |
107,009
+46,430
| +77% | +$2.39M |
|
945
Gildan
GIL
$9.25B
| $5.6M | ﹤0.01% |
189,292
+153,892
| +435% | +$4.5M |
|
946
Elevance Health
ELV
$81.9B
| $5.53M | ﹤0.01% |
18,320
-1,385
| -7% | -$381K |
|
947
Travelers Companies
TRV
$80.8B
| $5.52M | ﹤0.01% |
40,288
-4,036
| -9% | -$549K |
|
|
ARCH
948
DELISTED
Arch Resources, Inc.
ARCH
| $5.41M | ﹤0.01% |
75,448
+133
| +0.2% | +$10.2K |
|
949
Gaming and Leisure Properties
GLPI
$12.8B
| $5.41M | ﹤0.01% |
125,713
-37,106
| -23% | -$1.52M |
|
950
Hasbro
HAS
$12.6B
| $5.35M | ﹤0.01% |
50,695
-9,029
| -15% | -$940K |
|
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.