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 | |
|---|---|---|---|---|---|---|
951
ENI
E
$76B
| $5.35M | ﹤0.01% |
172,667
-109,139
| -39% | -$3.34M |
|
952
Oil States International
OIS
$522M
| $5.33M | ﹤0.01% |
326,750
-148,000
| -31% | -$2.25M |
|
953
Prudential
PUK
$36.5B
| $5.3M | ﹤0.01% |
143,381
-9,987
| -7% | -$352K |
|
954
Seneca Foods Class A
SENEA
$1.13B
| $5.28M | ﹤0.01% |
129,500
-46,800
| -27% | -$1.69M |
|
955
Mid-America Apartment Communities
MAA
$15.6B
| $5.21M | ﹤0.01% |
39,521
-32,561
| -45% | -$4.36M |
|
956
Fresenius Medical Care
FMS
$13.2B
| $5.17M | ﹤0.01% |
140,430
-42,198
| -23% | -$1.5M |
|
957
Arvinas
ARVN
$518M
| $5.14M | ﹤0.01% |
+125,000
| New | +$3.66M |
|
|
WCN
958
Waste Connections
WCN
$42.8B
| $5.13M | ﹤0.01% |
56,416
-65,273
| -54% | -$5.93M |
|
959
First Internet Bancorp
INBK
$231M
| $5.11M | ﹤0.01% |
215,400
+8,600
| +4% | +$195K |
|
960
C.H. Robinson
CHRW
$22B
| $5.08M | ﹤0.01% |
65,019
+5,419
| +9% | +$431K |
|
961
Northeast Bank
NBN
$1.11B
| $5.08M | ﹤0.01% |
231,170
-27,595
| -11% | -$609K |
|
|
KALV
962
DELISTED
KalVista Pharmaceuticals
KALV
| $5.05M | ﹤0.01% |
+283,500
| New | +$3.7M |
|
|
LOGC
963
DELISTED
LogicBio Therapeutics, Inc. Common Stock
LOGC
| $5.04M | ﹤0.01% |
700,000
| – | – |
|
964
Booz Allen Hamilton
BAH
$8.7B
| $5.03M | ﹤0.01% |
70,648
+14,975
| +27% | +$1.07M |
|
|
PFC
965
DELISTED
Premier Financial Corp. Common Stock
PFC
| $4.93M | ﹤0.01% |
156,600
-13,000
| -8% | -$392K |
|
966
Investar Holding Corp
ISTR
$411M
| $4.87M | ﹤0.01% |
202,822
-8,378
| -4% | -$206K |
|
|
HIBB
967
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $4.87M | ﹤0.01% |
173,515
-115,713
| -40% | -$2.94M |
|
968
Photronics
PLAB
$1.79B
| $4.84M | ﹤0.01% |
307,400
-126,300
| -29% | -$1.59M |
|
969
Amcor
AMCR
$20.6B
| $4.83M | ﹤0.01% |
89,098
-4,111
| -4% | -$206K |
|
970
SPDR Gold Trust
GLD
$131B
| $4.82M | ﹤0.01% |
33,748
-7,275
| -18% | -$1.02M |
|
971
Bar Harbor Bankshares
BHB
$654M
| $4.78M | ﹤0.01% |
188,116
-29,954
| -14% | -$763K |
|
972
W.R. Berkley
WRB
$28B
| $4.76M | ﹤0.01% |
155,090
-42,087
| -21% | -$1.3M |
|
973
WSFS Financial
WSFS
$4.1B
| $4.73M | ﹤0.01% |
107,500
-8,900
| -8% | -$389K |
|
974
iShares Russell 1000 Value ETF
IWD
$82B
| $4.72M | ﹤0.01% |
34,561
| – | – |
|
975
Williams-Sonoma
WSM
$26.7B
| $4.69M | ﹤0.01% |
127,672
+20,604
| +19% | +$716K |
|
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.