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 | |
|---|---|---|---|---|---|---|
1126
Clearway Energy Class C
CWEN
$5B
| $1.95M | ﹤0.01% |
+97,634
| New | +$1.89M |
|
1127
United Airlines
UAL
$38.4B
| $1.94M | ﹤0.01% |
22,013
+594
| +3% | +$53.3K |
|
|
CIM
1128
Chimera Investment
CIM
$1.05B
| $1.94M | ﹤0.01% |
31,389
+833
| +3% | +$50.8K |
|
|
PDS
1129
Precision Drilling
PDS
$1.09B
| $1.92M | ﹤0.01% |
68,721
-8,750
| -11% | -$201K |
|
1130
Franklin FTSE Japan Hedged ETF
FLJH
$181M
| $1.92M | ﹤0.01% |
75,000
| – | – |
|
1131
Ranger Energy Services
RNGR
$373M
| $1.91M | ﹤0.01% |
295,745
+37,700
| +15% | +$236K |
|
|
IVC
1132
DELISTED
Invacare Corporation
IVC
| $1.88M | ﹤0.01% |
208,892
+592
| +0.3% | +$4.98K |
|
|
ALSK
1133
DELISTED
Alaska Communications Systems
ALSK
| $1.87M | ﹤0.01% |
1,055,500
| – | – |
|
|
SC
1134
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $1.86M | ﹤0.01% |
79,831
-11,831
| -13% | -$287K |
|
|
WBC
1135
DELISTED
WABCO HOLDINGS INC.
WBC
| $1.86M | ﹤0.01% |
13,746
+5,290
| +63% | +$713K |
|
1136
Lennox International
LII
$18.8B
| $1.86M | ﹤0.01% |
7,607
+382
| +5% | +$94.7K |
|
|
AVLR
1137
DELISTED
Avalara, Inc.
AVLR
| $1.85M | ﹤0.01% |
+25,296
| New | +$1.84M |
|
1138
iShares Core MSCI Europe ETF
IEUR
$8.66B
| $1.81M | ﹤0.01% |
36,261
+21,416
| +144% | +$1.02M |
|
1139
M&T Bank
MTB
$36.2B
| $1.79M | ﹤0.01% |
10,537
+373
| +4% | +$60.5K |
|
1140
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $1.79M | ﹤0.01% |
4,757
| – | – |
|
|
SHOE
1141
Shoe Station Group
SHOE
$395M
| $1.78M | ﹤0.01% |
95,760
-5,230
| -5% | -$92.5K |
|
1142
Teradyne
TER
$54.8B
| $1.73M | ﹤0.01% |
+25,323
| New | +$1.61M |
|
|
NEX
1143
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $1.71M | ﹤0.01% |
+255,184
| New | +$1.38M |
|
1144
McKesson
MCK
$98.5B
| $1.71M | ﹤0.01% |
12,323
-305
| -2% | -$43.1K |
|
1145
New York Times
NYT
$11.6B
| $1.69M | ﹤0.01% |
52,529
| – | – |
|
1146
WesBanco
WSBC
$3.95B
| $1.68M | ﹤0.01% |
+44,532
| New | +$1.66M |
|
1147
Manhattan Associates
MANH
$8.97B
| $1.68M | ﹤0.01% |
21,076
-5,677
| -21% | -$451K |
|
1148
Euronet Worldwide
EEFT
$3.02B
| $1.66M | ﹤0.01% |
10,534
+2,418
| +30% | +$365K |
|
1149
Bruker
BRKR
$9.2B
| $1.65M | ﹤0.01% |
32,353
-7,953
| -20% | -$379K |
|
|
XEC
1150
DELISTED
CIMAREX ENERGY CO
XEC
| $1.63M | ﹤0.01% |
30,978
+6,459
| +26% | +$300K |
|
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.