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 | |
|---|---|---|---|---|---|---|
1151
FMC
FMC
$1.42B
| $1.61M | ﹤0.01% |
16,132
+198
| +1% | +$18.4K |
|
1152
AGCO
AGCO
$8.78B
| $1.6M | ﹤0.01% |
20,776
-7,809
| -27% | -$599K |
|
1153
Marriott International
MAR
$98.7B
| $1.6M | ﹤0.01% |
10,585
-5,383
| -34% | -$721K |
|
1154
Culp Inc
CULP
$45M
| $1.6M | ﹤0.01% |
117,500
| – | – |
|
1155
MGIC Investment
MTG
$6.27B
| $1.59M | ﹤0.01% |
112,210
-45,940
| -29% | -$637K |
|
1156
KKR & Co
KKR
$89.2B
| $1.57M | ﹤0.01% |
53,796
-25,661
| -32% | -$731K |
|
1157
Masco
MAS
$16B
| $1.56M | ﹤0.01% |
+32,539
| New | +$1.48M |
|
1158
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$50.7B
| $1.5M | ﹤0.01% |
35,700
| – | – |
|
1159
iShare MSCI Eurozone ETF
EZU
$9.41B
| $1.49M | ﹤0.01% |
35,538
-14,884
| -30% | -$602K |
|
1160
GSK
GSK
$103B
| $1.48M | ﹤0.01% |
25,240
+1,056
| +4% | +$58.7K |
|
1161
Spok Holdings
SPOK
$221M
| $1.47M | ﹤0.01% |
119,956
-4
| -0% | -$47 |
|
|
MFA
1162
MFA Financial
MFA
$929M
| $1.46M | ﹤0.01% |
+47,837
| New | +$1.46M |
|
|
HR
1163
DELISTED
Healthcare Realty Trust Incorporated
HR
| $1.46M | ﹤0.01% |
43,600
| – | – |
|
1164
Choice Hotels
CHH
$5.03B
| $1.45M | ﹤0.01% |
14,015
+1,019
| +8% | +$95.1K |
|
1165
Acuity Brands
AYI
$9.88B
| $1.43M | ﹤0.01% |
10,381
-1,949
| -16% | -$251K |
|
1166
REX American Resources
REX
$1.46B
| $1.43M | ﹤0.01% |
104,400
-7,200
| -6% | -$99.6K |
|
1167
Invesco MSCI Sustainable Future ETF
ERTH
$132M
| $1.43M | ﹤0.01% |
28,525
| – | – |
|
1168
Shinhan Financial Group
SHG
$33.6B
| $1.42M | ﹤0.01% |
37,215
-17,495
| -32% | -$648K |
|
1169
iShares Russell 3000 ETF
IWV
$19.5B
| $1.39M | ﹤0.01% |
7,384
| – | – |
|
|
KE
1170
Kimball Electronics
KE
$598M
| $1.39M | ﹤0.01% |
79,000
| – | – |
|
1171
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $1.38M | ﹤0.01% |
12,515
+25
| +0.2% | +$2.79K |
|
|
RDUS
1172
DELISTED
Radius Recycling
RDUS
| $1.37M | ﹤0.01% |
63,200
| – | – |
|
|
LPT
1173
DELISTED
Liberty Property Trust
LPT
| $1.37M | ﹤0.01% |
22,741
-2,695
| -11% | -$154K |
|
1174
MSC Industrial Direct
MSM
$7.02B
| $1.36M | ﹤0.01% |
17,370
+1,928
| +12% | +$142K |
|
1175
Brown-Forman Class A
BF.A
$12.3B
| $1.36M | ﹤0.01% |
21,716
+413
| +2% | +$25.4K |
|
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.