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 |
SLB Ltd
SLB
|
+$719M |
| 2 |
Franklin US Core Bond ETF
FLCB
|
+$536M |
| 3 |
Occidental Petroleum
OXY
|
+$462M |
| 4 |
B
Barrick Mining
B
|
+$396M |
| 5 |
CHK
Chesapeake Energy Corporation
CHK
|
+$387M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RHT
Red Hat Inc
RHT
|
+$610M |
| 2 |
APC
Anadarko Petroleum
APC
|
+$568M |
| 3 |
Target
TGT
|
+$560M |
| 4 |
Medtronic
MDT
|
+$446M |
| 5 |
Ford
F
|
+$442M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.76% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 14.11% |
| 4 | Industrials | 9.28% |
| 5 | Utilities | 7.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Intel
INTC
$489B
| $638M | 0.35% |
12,439,581
-5,899,049
| -32% | -$290M |
|
77
West Pharmaceutical
WST
$24B
| $635M | 0.35% |
4,480,200
-35,687
| -0.8% | -$4.91M |
|
78
Ecolab
ECL
$75.4B
| $635M | 0.34% |
3,205,177
-37,341
| -1% | -$7.48M |
|
79
Cisco
CSCO
$445B
| $627M | 0.34% |
12,692,317
-195,167
| -2% | -$10.1M |
|
80
Salesforce
CRM
$134B
| $624M | 0.34% |
4,201,901
-255,162
| -6% | -$38.8M |
|
81
American Tower
AMT
$78.6B
| $620M | 0.34% |
2,801,819
-149,272
| -5% | -$32.6M |
|
|
CELG
82
DELISTED
Celgene Corp
CELG
| $615M | 0.33% |
6,196,642
-268,472
| -4% | -$25.5M |
|
83
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$781B
| $599M | 0.33% |
2,019,700
+1,009,300
| +100% | +$298M |
|
84
McDonald's
MCD
$189B
| $596M | 0.32% |
2,797,049
+57,320
| +2% | +$12.3M |
|
85
NXP Semiconductors
NXPI
$68.3B
| $592M | 0.32% |
5,433,112
-540,001
| -9% | -$55.1M |
|
86
Voya Financial
VOYA
$8.89B
| $591M | 0.32% |
10,864,990
+443,430
| +4% | +$23.7M |
|
87
Kraft Heinz
KHC
$30.3B
| $581M | 0.32% |
20,830,599
+7,948,436
| +62% | +$229M |
|
88
Western Digital
WDC
$183B
| $579M | 0.31% |
12,854,727
-345,258
| -3% | -$14.7M |
|
89
Ross Stores
ROST
$75.9B
| $551M | 0.3% |
5,018,088
-7,674
| -0.2% | -$809K |
|
90
Citizens Financial Group
CFG
$30.6B
| $548M | 0.3% |
15,484,523
-4,938,766
| -24% | -$172M |
|
|
91
Franklin US Core Bond ETF
FLCB
$3.02B
| $537M | 0.29% |
+21,301,140
| New | +$536M |
|
92
Danaher
DHR
$136B
| $524M | 0.28% |
4,089,800
+220,073
| +6% | +$27.6M |
|
93
Adobe
ADBE
$88.8B
| $523M | 0.28% |
1,894,493
+1,446
| +0.1% | +$422K |
|
94
Bank of America
BAC
$436B
| $520M | 0.28% |
17,829,145
-114,960
| -0.6% | -$3.31M |
|
95
MetLife
MET
$60.4B
| $504M | 0.27% |
10,677,424
-1,674,345
| -14% | -$79.8M |
|
|
Y
96
DELISTED
Alleghany Corp
Y
| $496M | 0.27% |
622,238
-3,073
| -0.5% | -$2.26M |
|
97
Chubb
CB
$139B
| $495M | 0.27% |
3,064,805
-1,171,577
| -28% | -$181M |
|
98
CoStar Group
CSGP
$11.4B
| $493M | 0.27% |
8,312,850
-108,180
| -1% | -$6.48M |
|
99
APA Corp
APA
$12.9B
| $491M | 0.27% |
19,186,292
+4,086,085
| +27% | +$98M |
|
100
SBA Communications
SBAC
$18.9B
| $491M | 0.27% |
2,034,458
-126,691
| -6% | -$31.3M |
|
Similar funds
Franklin Resources's Q3 2019 Portfolio in Review
As of Q3 2019, Franklin Resources held 1,609 positions worth $184B, down 2.1% from $188B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $6.67B in Q3 2019, closing 103 positions and reducing 641 holdings. Its most notable exit was Red Hat Inc, an estimated $610M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Franklin US Core Bond ETF worth $537M.
- Franklin Resources's largest Q3 2019 buy was Franklin US Core Bond ETF: 21,301,140 shares worth $537M.
- Franklin Resources added most to SLB Ltd in Q3 2019, an estimated $719M increase.
- Franklin Resources's biggest Q3 2019 reduction was Target, cutting an estimated $560M.
- Franklin Resources fully exited Red Hat Inc in Q3 2019, selling an estimated $610M.
- Franklin Resources's ten largest holdings make up 12% of its $184B portfolio in Q3 2019.
- Franklin Resources opened 65 new positions and closed 103 in Q3 2019.
- Franklin Resources's portfolio value fell 2.1% quarter-over-quarter to $184B.
Based on Franklin Resources's 13F filing for Q3 2019, filed 14 Nov 2019.