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 | |
|---|---|---|---|---|---|---|
|
CBAY
1101
DELISTED
Cymabay Therapeutics
CBAY
| $2.26M | ﹤0.01% |
1,151,356
| – | – |
|
|
FARO
1102
DELISTED
Faro Technologies
FARO
| $2.22M | ﹤0.01% |
44,100
-288,400
| -87% | -$14.1M |
|
1103
Frontdoor
FTDR
$5.02B
| $2.21M | ﹤0.01% |
46,600
-18,164
| -28% | -$851K |
|
1104
Trevi Therapeutics
TRVI
$2.49B
| $2.2M | ﹤0.01% |
587,347
-112,653
| -16% | -$422K |
|
1105
Casey's General Stores
CASY
$31.9B
| $2.19M | ﹤0.01% |
13,762
+1,551
| +13% | +$257K |
|
1106
D.R. Horton
DHI
$41B
| $2.16M | ﹤0.01% |
40,917
+36,660
| +861% | +$1.96M |
|
1107
iShares US Treasury Bond ETF
GOVT
$43.6B
| $2.15M | ﹤0.01% |
82,826
+46,858
| +130% | +$1.22M |
|
1108
ATN International
ATNI
$361M
| $2.14M | ﹤0.01% |
38,700
| – | – |
|
1109
Watsco Inc
WSO
$14.9B
| $2.13M | ﹤0.01% |
11,851
+2,272
| +24% | +$400K |
|
1110
CDW
CDW
$17.1B
| $2.12M | ﹤0.01% |
14,868
+7,184
| +93% | +$951K |
|
1111
iShares CMBS ETF
CMBS
$473M
| $2.12M | ﹤0.01% |
40,177
-21,313
| -35% | -$1.13M |
|
1112
Richardson Electronics
RELL
$261M
| $2.11M | ﹤0.01% |
375,000
| – | – |
|
1113
First American
FAF
$7.67B
| $2.1M | ﹤0.01% |
36,009
-8,545
| -19% | -$522K |
|
|
ZEUS
1114
DELISTED
Olympic Steel
ZEUS
| $2.08M | ﹤0.01% |
116,300
| – | – |
|
|
EV
1115
DELISTED
Eaton Vance Corp.
EV
| $2.08M | ﹤0.01% |
44,584
-33,706
| -43% | -$1.56M |
|
|
GSV
1116
DELISTED
Gold Standard Ventures Corp.
GSV
| $2.08M | ﹤0.01% |
2,450,000
| – | – |
|
1117
U-Haul Holding Co
UHAL
$14B
| $2.07M | ﹤0.01% |
55,050
-2,200
| -4% | -$83.5K |
|
1118
Bath & Body Works
BBWI
$4.01B
| $2.02M | ﹤0.01% |
137,968
+10,232
| +8% | +$148K |
|
|
QIWI
1119
DELISTED
QIWI PLC
QIWI
| $2M | ﹤0.01% |
103,548
| – | – |
|
1120
Franklin US Core Dividend Tilt Index ETF
UDIV
$137M
| $2M | ﹤0.01% |
64,961
+2,190
| +3% | +$65.5K |
|
1121
CACI
CACI
$10.8B
| $1.97M | ﹤0.01% |
7,883
-2,252
| -22% | -$524K |
|
1122
Steel Dynamics
STLD
$35.6B
| $1.96M | ﹤0.01% |
57,712
+14,099
| +32% | +$450K |
|
1123
Hawaiian Electric Industries
HE
$2.33B
| $1.96M | ﹤0.01% |
41,875
+5,230
| +14% | +$234K |
|
1124
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.63B
| $1.96M | ﹤0.01% |
26,716
| – | – |
|
1125
Vale
VALE
$62.9B
| $1.96M | ﹤0.01% |
148,399
+52,400
| +55% | +$630K |
|
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.