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 | |
|---|---|---|---|---|---|---|
76
Bank of America Series L
BAC.PRL
$3.93B
| $681M | 0.36% |
469,820
-8,998
| -2% | -$13.3M |
|
77
Salesforce
CRM
$129B
| $675M | 0.35% |
4,151,828
-50,073
| -1% | -$7.85M |
|
78
General Dynamics
GD
$103B
| $671M | 0.35% |
3,805,238
+29,534
| +0.8% | +$5.3M |
|
79
West Pharmaceutical
WST
$25B
| $668M | 0.35% |
4,445,600
-34,600
| -0.8% | -$5.04M |
|
80
Xcel Energy
XEL
$50.4B
| $663M | 0.35% |
10,442,229
+3,684
| +0% | +$230K |
|
81
Kraft Heinz
KHC
$30.1B
| $639M | 0.34% |
19,885,860
-944,739
| -5% | -$28.6M |
|
|
82
Bristol-Myers Squibb
BMY
$126B
| $637M | 0.33% |
9,925,932
-5,832,550
| -37% | -$334M |
|
83
Voya Financial
VOYA
$8.78B
| $632M | 0.33% |
10,363,452
-501,538
| -5% | -$28.3M |
|
84
Meta Platforms (Facebook)
META
$1.54T
| $625M | 0.33% |
3,044,144
+427,072
| +16% | +$82.7M |
|
85
Ecolab
ECL
$74.1B
| $623M | 0.33% |
3,227,952
+22,775
| +0.7% | +$4.32M |
|
86
Adobe
ADBE
$84.3B
| $609M | 0.32% |
1,847,390
-47,103
| -2% | -$13.9M |
|
87
Verisk Analytics
VRSK
$25.3B
| $606M | 0.32% |
4,054,952
-19,693
| -0.5% | -$2.92M |
|
88
Citizens Financial Group
CFG
$30.3B
| $603M | 0.32% |
14,849,833
-634,690
| -4% | -$23.8M |
|
89
Ross Stores
ROST
$74.5B
| $586M | 0.31% |
5,031,232
+13,144
| +0.3% | +$1.48M |
|
90
Western Digital
WDC
$192B
| $584M | 0.31% |
12,174,585
-680,142
| -5% | -$28.4M |
|
91
McDonald's
MCD
$187B
| $564M | 0.3% |
2,852,259
+55,210
| +2% | +$11M |
|
92
Danaher
DHR
$135B
| $563M | 0.3% |
4,135,921
+46,121
| +1% | +$5.83M |
|
|
93
Franklin Investment Grade Corporate ETF
FLCO
$576M
| $558M | 0.29% |
21,742,716
+13,097,338
| +151% | +$336M |
|
94
Union Pacific
UNP
$181B
| $542M | 0.28% |
2,997,301
+89,739
| +3% | +$15.4M |
|
95
CoStar Group
CSGP
$11.1B
| $522M | 0.27% |
8,728,220
+415,370
| +5% | +$24.3M |
|
96
Rio Tinto
RIO
$149B
| $516M | 0.27% |
8,693,406
+1,425,713
| +20% | +$77.3M |
|
|
B
97
Barrick Mining
B
$62.3B
| $513M | 0.27% |
27,613,162
+437,108
| +2% | +$7.5M |
|
98
NVIDIA
NVDA
$5.06T
| $512M | 0.27% |
86,991,520
+1,615,080
| +2% | +$8.4M |
|
99
Host Hotels & Resorts
HST
$16.4B
| $503M | 0.26% |
27,120,382
+110,406
| +0.4% | +$1.91M |
|
100
Intuit
INTU
$77B
| $495M | 0.26% |
1,888,977
+76,600
| +4% | +$20M |
|
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.