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 | |
|---|---|---|---|---|---|---|
|
EQC
1176
DELISTED
Equity Commonwealth
EQC
| $1.36M | ﹤0.01% |
+41,461
| New | +$1.33M |
|
1177
Alcoa
AA
$11.7B
| $1.35M | ﹤0.01% |
63,000
-18,100
| -22% | -$375K |
|
1178
Digi International
DGII
$2.52B
| $1.35M | ﹤0.01% |
76,080
+480
| +0.6% | +$7.62K |
|
1179
Waste Management
WM
$95.9B
| $1.34M | ﹤0.01% |
11,748
-66,972
| -85% | -$7.56M |
|
1180
Travel + Leisure Co
TNL
$4.54B
| $1.32M | ﹤0.01% |
25,633
+3,827
| +18% | +$183K |
|
1181
Neuronetics
STIM
$120M
| $1.32M | ﹤0.01% |
294,141
-120,859
| -29% | -$751K |
|
|
OPLN
1182
Openlane
OPLN
$4.17B
| $1.31M | ﹤0.01% |
+60,255
| New | +$1.37M |
|
|
KZR
1183
DELISTED
Kezar Life Sciences
KZR
| $1.31M | ﹤0.01% |
32,690
| – | – |
|
1184
Franklin FTSE Latin America
FLLA
$109M
| $1.31M | ﹤0.01% |
46,000
| – | – |
|
|
HWCC
1185
DELISTED
Houston Wire & Cable Company
HWCC
| $1.31M | ﹤0.01% |
296,677
-78,673
| -21% | -$323K |
|
|
SVC
1186
Service Properties Trust
SVC
$1.1B
| $1.3M | ﹤0.01% |
+10,659
| New | +$1.3M |
|
|
SVM
1187
Silvercorp Metals
SVM
$2.13B
| $1.28M | ﹤0.01% |
+227,300
| New | +$1.06M |
|
1188
Cenovus Energy
CVE
$54.6B
| $1.28M | ﹤0.01% |
125,663
-46,907
| -27% | -$425K |
|
1189
iShares US Insurance ETF
IAK
$511M
| $1.27M | ﹤0.01% |
+17,814
| New | +$1.26M |
|
|
AVP
1190
DELISTED
Avon Products, Inc.
AVP
| $1.25M | ﹤0.01% |
221,196
-2,270
| -1% | -$10.5K |
|
1191
Energy Transfer Partners
ET
$70.1B
| $1.24M | ﹤0.01% |
96,663
-56,935
| -37% | -$702K |
|
1192
Xylem
XYL
$28.5B
| $1.22M | ﹤0.01% |
15,511
+761
| +5% | +$59.2K |
|
1193
Franklin FTSE Eurozone ETF
FLEU
$70.1M
| $1.21M | ﹤0.01% |
50,000
| – | – |
|
1194
Franklin FTSE Saudi Arabia ETF
FLSA
$4.8M
| $1.2M | ﹤0.01% |
46,000
| – | – |
|
1195
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.34B
| $1.19M | ﹤0.01% |
18,300
| – | – |
|
1196
iShares Russell Top 200 Value ETF
IWX
$4.03B
| $1.18M | ﹤0.01% |
20,196
+12,900
| +177% | +$729K |
|
1197
Ferrari
RACE
$63.3B
| $1.18M | ﹤0.01% |
7,115
+424
| +6% | +$68.6K |
|
1198
Whirlpool
WHR
$2.42B
| $1.16M | ﹤0.01% |
+7,841
| New | +$1.18M |
|
|
HOLX
1199
DELISTED
Hologic
HOLX
| $1.15M | ﹤0.01% |
21,952
+394
| +2% | +$19.6K |
|
|
AE
1200
DELISTED
Adams Resources & Energy Inc
AE
| $1.14M | ﹤0.01% |
30,000
| – | – |
|
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.