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 |
Occidental Petroleum
OXY
|
+$634M |
| 2 |
CVS Health
CVS
|
+$597M |
| 3 |
3M
MMM
|
+$504M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$443M |
| 5 |
Kraft Heinz
KHC
|
+$397M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sempra
SRE
|
+$667M |
| 2 |
Merck
MRK
|
+$510M |
| 3 |
DuPont de Nemours
DD
|
+$487M |
| 4 |
UBS Group
UBS
|
+$482M |
| 5 |
Cummins
CMI
|
+$467M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.15% |
| 2 | Technology | 15.86% |
| 3 | Financials | 14.28% |
| 4 | Industrials | 9.17% |
| 5 | Communication Services | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RTN
76
DELISTED
Raytheon Company
RTN
| $670M | 0.36% |
3,855,054
+90,957
| +2% | +$16.4M |
|
77
Bank of America Series L
BAC.PRL
$3.93B
| $657M | 0.35% |
478,818
| – | – |
|
78
Ecolab
ECL
$74.1B
| $640M | 0.34% |
3,242,518
-61
| -0% | -$11.3K |
|
79
Xcel Energy
XEL
$50.4B
| $628M | 0.33% |
10,549,477
-521,499
| -5% | -$30M |
|
80
Chubb
CB
$137B
| $624M | 0.33% |
4,236,382
-1,410,866
| -25% | -$204M |
|
81
Ford
F
$56.4B
| $622M | 0.33% |
60,753,814
-17,959,519
| -23% | -$177M |
|
82
Gen Digital
GEN
$15.1B
| $617M | 0.33% |
28,371,869
+1,141,098
| +4% | +$24.5M |
|
83
Alphabet (Google) Class C
GOOG
$3.89T
| $615M | 0.33% |
11,383,560
-487,380
| -4% | -$28.1M |
|
84
MetLife
MET
$59.5B
| $614M | 0.33% |
12,351,769
-3,885,954
| -24% | -$183M |
|
|
RHT
85
DELISTED
Red Hat Inc
RHT
| $610M | 0.32% |
3,250,981
+313,139
| +11% | +$57.8M |
|
86
American Tower
AMT
$76.7B
| $603M | 0.32% |
2,951,091
-250,174
| -8% | -$50.3M |
|
|
CELG
87
DELISTED
Celgene Corp
CELG
| $598M | 0.32% |
6,465,114
-4,346,564
| -40% | -$413M |
|
88
NXP Semiconductors
NXPI
$70B
| $583M | 0.31% |
5,973,113
-282,825
| -5% | -$27.4M |
|
89
Illumina
ILMN
$29.8B
| $577M | 0.31% |
1,612,571
-4,451
| -0.3% | -$1.41M |
|
90
Voya Financial
VOYA
$8.78B
| $576M | 0.31% |
10,421,560
-539,021
| -5% | -$28.9M |
|
91
Teva Pharmaceuticals
TEVA
$36.3B
| $569M | 0.3% |
61,643,131
-2,980,753
| -5% | -$35.9M |
|
92
McDonald's
MCD
$187B
| $569M | 0.3% |
2,739,729
-81,222
| -3% | -$16.1M |
|
|
APC
93
DELISTED
Anadarko Petroleum
APC
| $568M | 0.3% |
8,048,497
+1,077,483
| +15% | +$72.2M |
|
94
West Pharmaceutical
WST
$25B
| $565M | 0.3% |
4,515,887
-5,183
| -0.1% | -$612K |
|
95
Adobe
ADBE
$84.3B
| $558M | 0.3% |
1,893,047
+15,647
| +0.8% | +$4.35M |
|
96
International Paper
IP
$20.1B
| $546M | 0.29% |
13,301,801
+2,951,344
| +29% | +$125M |
|
97
Verisk Analytics
VRSK
$25.3B
| $531M | 0.28% |
3,625,725
-46,461
| -1% | -$6.55M |
|
|
98
Bank of America
BAC
$430B
| $520M | 0.28% |
17,944,105
-33,781
| -0.2% | -$974K |
|
99
Ross Stores
ROST
$74.5B
| $498M | 0.27% |
5,025,762
+90,192
| +2% | +$8.79M |
|
100
Danaher
DHR
$135B
| $490M | 0.26% |
3,869,727
+276,564
| +8% | +$32.7M |
|
Similar funds
Franklin Resources's Q2 2019 Portfolio in Review
As of Q2 2019, Franklin Resources held 1,620 positions worth $188B, up 0.7% from $187B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $5.99B in Q2 2019, closing 78 positions and reducing 611 holdings. Its most notable exit was L3Harris, an estimated $48.7M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Dow Inc worth $256M.
- Franklin Resources's largest Q2 2019 buy was Dow Inc: 5,190,536 shares worth $256M.
- Franklin Resources added most to Occidental Petroleum in Q2 2019, an estimated $634M increase.
- Franklin Resources's biggest Q2 2019 reduction was Sempra, cutting an estimated $667M.
- Franklin Resources fully exited L3Harris in Q2 2019, selling an estimated $48.7M.
- Franklin Resources's ten largest holdings make up 12% of its $188B portfolio in Q2 2019.
- Franklin Resources opened 134 new positions and closed 78 in Q2 2019.
- Franklin Resources's portfolio value rose 0.7% quarter-over-quarter to $188B.
Based on Franklin Resources's 13F filing for Q2 2019, filed 14 Aug 2019.