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 | |
|---|---|---|---|---|---|---|
1076
Henry Schein
HSIC
$9.74B
| $2.58M | ﹤0.01% |
38,627
+5,883
| +18% | +$389K |
|
1077
Key Tronic
KTCC
$40.3M
| $2.57M | ﹤0.01% |
471,700
-8,300
| -2% | -$48.2K |
|
1078
Sonoco
SON
$5.76B
| $2.56M | ﹤0.01% |
41,543
+4,447
| +12% | +$263K |
|
1079
Rollins
ROL
$18.6B
| $2.54M | ﹤0.01% |
114,935
-12,748
| -10% | -$302K |
|
|
REGI
1080
DELISTED
Renewable Energy Group, Inc.
REGI
| $2.53M | ﹤0.01% |
93,900
-22,900
| -20% | -$415K |
|
1081
Helmerich & Payne
HP
$3.53B
| $2.5M | ﹤0.01% |
54,936
+46,554
| +555% | +$1.87M |
|
|
JWN
1082
DELISTED
Nordstrom
JWN
| $2.49M | ﹤0.01% |
60,780
+212
| +0.4% | +$7.84K |
|
1083
Invesco QQQ Trust
QQQ
$455B
| $2.48M | ﹤0.01% |
11,679
+238
| +2% | +$47.7K |
|
1084
Lamar Advertising Co
LAMR
$16.2B
| $2.48M | ﹤0.01% |
27,806
-14,966
| -35% | -$1.25M |
|
|
INVX
1085
Innovex International
INVX
$1.87B
| $2.47M | ﹤0.01% |
52,665
+3,505
| +7% | +$160K |
|
1086
Macy's
M
$6.15B
| $2.47M | ﹤0.01% |
145,184
+18,768
| +15% | +$294K |
|
1087
PPG Industries
PPG
$25.9B
| $2.44M | ﹤0.01% |
18,295
+558
| +3% | +$70.7K |
|
1088
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $2.44M | ﹤0.01% |
19,384
-4,495
| -19% | -$568K |
|
|
ATH
1089
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $2.41M | ﹤0.01% |
+51,307
| New | +$2.23M |
|
1090
LPL Financial
LPLA
$26.3B
| $2.4M | ﹤0.01% |
+25,964
| New | +$2.23M |
|
1091
Heartland Express
HTLD
$1.11B
| $2.39M | ﹤0.01% |
113,364
+284
| +0.3% | +$6.09K |
|
1092
Kinross Gold
KGC
$28.5B
| $2.38M | ﹤0.01% |
502,483
+341,730
| +213% | +$1.54M |
|
1093
National Fuel Gas
NFG
$7.84B
| $2.37M | ﹤0.01% |
50,839
+10,931
| +27% | +$498K |
|
1094
Mercer International
MERC
$44.9M
| $2.37M | ﹤0.01% |
192,300
| – | – |
|
1095
Eaton
ETN
$157B
| $2.35M | ﹤0.01% |
24,792
+682
| +3% | +$60.5K |
|
1096
AptarGroup
ATR
$8.45B
| $2.35M | ﹤0.01% |
20,278
-10,550
| -34% | -$1.2M |
|
1097
Titan Machinery
TITN
$466M
| $2.32M | ﹤0.01% |
156,700
| – | – |
|
1098
Thomson Reuters
TRI
$39.4B
| $2.29M | ﹤0.01% |
30,423
-3,895
| -11% | -$284K |
|
1099
Tesla
TSLA
$1.24T
| $2.28M | ﹤0.01% |
81,810
-750
| -0.9% | -$16.3K |
|
|
MBT
1100
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $2.26M | ﹤0.01% |
222,825
-193,651
| -46% | -$1.77M |
|
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.