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 | |
|---|---|---|---|---|---|---|
1026
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $3.6M | ﹤0.01% |
80,974
+9,282
| +13% | +$393K |
|
|
SHYF
1027
DELISTED
The Shyft Group
SHYF
| $3.6M | ﹤0.01% |
199,100
-78,500
| -28% | -$1.31M |
|
1028
Franklin Dynamic Municipal Bond ETF
FLMI
$2.27B
| $3.57M | ﹤0.01% |
140,817
+100,817
| +252% | +$2.57M |
|
1029
Blackstone
BX
$104B
| $3.53M | ﹤0.01% |
63,055
+5,350
| +9% | +$278K |
|
1030
Rocky Brands
RCKY
$304M
| $3.52M | ﹤0.01% |
119,476
-18,484
| -13% | -$545K |
|
1031
Globe Life
GL
$13.5B
| $3.52M | ﹤0.01% |
33,396
-400
| -1% | -$39.9K |
|
1032
iShares TIPS Bond ETF
TIP
$14.5B
| $3.51M | ﹤0.01% |
30,091
+11
| +0% | +$1.28K |
|
1033
iShares S&P 500 Growth ETF
IVW
$72.5B
| $3.5M | ﹤0.01% |
72,280
+22,424
| +45% | +$1.04M |
|
1034
Fair Isaac
FICO
$28.7B
| $3.46M | ﹤0.01% |
9,235
+281
| +3% | +$94.6K |
|
1035
iShares Russell 2000 Growth ETF
IWO
$14.5B
| $3.45M | ﹤0.01% |
16,118
-30
| -0.2% | -$6.09K |
|
1036
Eastman Chemical
EMN
$7.8B
| $3.38M | ﹤0.01% |
42,691
+7,748
| +22% | +$596K |
|
1037
Allison Transmission
ALSN
$10.1B
| $3.38M | ﹤0.01% |
69,935
+42,867
| +158% | +$1.99M |
|
1038
Pool Corp
POOL
$6.7B
| $3.36M | ﹤0.01% |
15,826
+2,310
| +17% | +$477K |
|
|
USAP
1039
DELISTED
Universal Stainless & Alloy
USAP
| $3.32M | ﹤0.01% |
223,000
| – | – |
|
|
FLHK
1040
DELISTED
Franklin FTSE Hong Kong ETF
FLHK
| $3.25M | ﹤0.01% |
128,563
| – | – |
|
1041
Goldman Sachs
GS
$313B
| $3.22M | ﹤0.01% |
13,998
+103
| +0.7% | +$22.4K |
|
1042
Cactus
WHD
$3.83B
| $3.2M | ﹤0.01% |
93,300
-7,200
| -7% | -$219K |
|
1043
Landstar System
LSTR
$6.8B
| $3.19M | ﹤0.01% |
28,010
+14,668
| +110% | +$1.66M |
|
1044
Sterling Infrastructure
STRL
$20.3B
| $3.18M | ﹤0.01% |
225,782
-43,300
| -16% | -$652K |
|
1045
ManpowerGroup
MAN
$2.39B
| $3.13M | ﹤0.01% |
32,267
-16,658
| -34% | -$1.52M |
|
1046
Ducommun
DCO
$2.68B
| $3.08M | ﹤0.01% |
60,935
-3,700
| -6% | -$170K |
|
1047
CSX Corp
CSX
$98.6B
| $3.04M | ﹤0.01% |
125,871
-2,133
| -2% | -$50.5K |
|
1048
Haverty Furniture Companies
HVT
$401M
| $3M | ﹤0.01% |
148,576
-7,399
| -5% | -$149K |
|
1049
Kimco Realty
KIM
$17.6B
| $2.99M | ﹤0.01% |
144,390
+20,198
| +16% | +$424K |
|
|
SJR
1050
DELISTED
Shaw Communications Inc.
SJR
| $2.99M | ﹤0.01% |
147,167
-26,172
| -15% | -$528K |
|
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.