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 | |
|---|---|---|---|---|---|---|
1051
Flowers Foods
FLO
$1.64B
| $2.99M | ﹤0.01% |
137,345
-24,865
| -15% | -$540K |
|
1052
Chewy
CHWY
$8.54B
| $2.96M | ﹤0.01% |
101,983
+66,923
| +191% | +$1.71M |
|
1053
Morningstar
MORN
$6.56B
| $2.94M | ﹤0.01% |
19,416
+2,908
| +18% | +$446K |
|
1054
Crane NXT
CXT
$3.04B
| $2.93M | ﹤0.01% |
97,702
+19,822
| +25% | +$564K |
|
1055
Leggett & Platt
LEG
$1.52B
| $2.92M | ﹤0.01% |
57,361
+7,007
| +14% | +$343K |
|
1056
Arbor Realty Trust
ABR
$960M
| $2.91M | ﹤0.01% |
203,046
-6,200
| -3% | -$88.1K |
|
1057
Powell Industries
POWL
$8.46B
| $2.89M | ﹤0.01% |
176,700
-29,100
| -14% | -$408K |
|
1058
Exelixis
EXEL
$13.9B
| $2.88M | ﹤0.01% |
163,661
+36,571
| +29% | +$620K |
|
|
FL
1059
DELISTED
Foot Locker
FL
| $2.87M | ﹤0.01% |
73,713
+4,274
| +6% | +$180K |
|
1060
HEICO Corp Class A
HEI.A
$35.4B
| $2.87M | ﹤0.01% |
32,047
+24,438
| +321% | +$2.33M |
|
1061
Universal Health Services
UHS
$9.43B
| $2.87M | ﹤0.01% |
19,979
+5,515
| +38% | +$786K |
|
1062
RPM International
RPM
$13.7B
| $2.85M | ﹤0.01% |
37,073
-40,708
| -52% | -$2.95M |
|
1063
Ultralife
ULBI
$88.3M
| $2.81M | ﹤0.01% |
380,902
| – | – |
|
1064
Snap-on
SNA
$20.9B
| $2.8M | ﹤0.01% |
16,511
-267
| -2% | -$43.5K |
|
1065
Franklin International Aggregate Bond ETF
FLIA
$765M
| $2.79M | ﹤0.01% |
110,197
+197
| +0.2% | +$5.07K |
|
1066
Ingredion
INGR
$6.38B
| $2.77M | ﹤0.01% |
29,849
+2,746
| +10% | +$231K |
|
1067
Vanguard Russell 2000 Value ETF
VTWV
$1.29B
| $2.73M | ﹤0.01% |
24,315
| – | – |
|
1068
NewMarket
NEU
$7.17B
| $2.73M | ﹤0.01% |
5,600
+2,605
| +87% | +$1.25M |
|
1069
CRH
CRH
$66.7B
| $2.71M | ﹤0.01% |
67,185
-36,713
| -35% | -$1.36M |
|
1070
Assured Guaranty
AGO
$3.78B
| $2.7M | ﹤0.01% |
55,019
-13,057
| -19% | -$624K |
|
|
IPG
1071
DELISTED
Interpublic Group of Companies
IPG
| $2.68M | ﹤0.01% |
116,169
+16,073
| +16% | +$353K |
|
|
NINE
1072
DELISTED
Nine Energy Service
NINE
| $2.68M | ﹤0.01% |
342,320
+161,600
| +89% | +$939K |
|
|
GAP
1073
The Gap Inc
GAP
$6.84B
| $2.65M | ﹤0.01% |
149,613
-2,724,473
| -95% | -$46.4M |
|
1074
Capri Holdings
CPRI
$1.77B
| $2.62M | ﹤0.01% |
68,645
+2,846
| +4% | +$98.2K |
|
1075
Lazard
LAZ
$4.37B
| $2.59M | ﹤0.01% |
64,898
+2,552
| +4% | +$96.4K |
|
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.