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 |
Linde
LIN
|
+$872M |
| 2 |
Western Digital
WDC
|
+$304M |
| 3 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$295M |
| 4 |
K
Kellanova
K
|
+$245M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$243M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$1.17B |
| 2 |
PX
Praxair Inc
PX
|
+$894M |
| 3 |
Merck
MRK
|
+$833M |
| 4 |
GE Aerospace
GE
|
+$700M |
| 5 |
Microsoft
MSFT
|
+$675M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.07% |
| 2 | Technology | 15.24% |
| 3 | Financials | 15.2% |
| 4 | Industrials | 8.39% |
| 5 | Communication Services | 7.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
AB InBev
BUD
$158B
| $427M | 0.26% |
6,484,514
-1,229,544
| -16% | -$94.1M |
|
102
Ross Stores
ROST
$75.9B
| $411M | 0.25% |
4,939,810
-682,530
| -12% | -$61.8M |
|
103
Lam Research
LRCX
$392B
| $408M | 0.25% |
29,984,290
-2,579,340
| -8% | -$37M |
|
104
Verisk Analytics
VRSK
$26B
| $404M | 0.24% |
3,708,276
-95,206
| -3% | -$11.1M |
|
|
AABA
105
DELISTED
Altaba Inc
AABA
| $401M | 0.24% |
6,914,073
+1,293,873
| +23% | +$79.8M |
|
106
Union Pacific
UNP
$183B
| $399M | 0.24% |
2,884,342
-10,602
| -0.4% | -$1.57M |
|
107
NXP Semiconductors
NXPI
$68.3B
| $398M | 0.24% |
5,431,810
+1,820,150
| +50% | +$144M |
|
|
108
GE Aerospace
GE
$370B
| $398M | 0.24% |
10,961,185
-15,497,088
| -59% | -$700M |
|
|
Y
109
DELISTED
Alleghany Corp
Y
| $397M | 0.24% |
637,545
-25,603
| -4% | -$15.8M |
|
110
International Paper
IP
$20.4B
| $397M | 0.24% |
10,396,800
+1,527,523
| +17% | +$64.1M |
|
111
Royal Bank of Canada
RY
$291B
| $396M | 0.24% |
5,785,316
-151,738
| -3% | -$11.1M |
|
112
AbbVie
ABBV
$458B
| $394M | 0.24% |
4,272,253
+125,596
| +3% | +$11M |
|
113
UnitedHealth
UNH
$384B
| $392M | 0.24% |
1,575,174
-27,257
| -2% | -$7.2M |
|
114
Adobe
ADBE
$88.8B
| $387M | 0.23% |
1,709,296
+35,763
| +2% | +$8.63M |
|
115
Toronto Dominion Bank
TD
$198B
| $385M | 0.23% |
7,745,745
-187,779
| -2% | -$10.3M |
|
116
Perrigo
PRGO
$1.43B
| $384M | 0.23% |
9,921,619
+700,623
| +8% | +$44.5M |
|
|
117
Western Digital
WDC
$183B
| $382M | 0.23% |
13,681,521
+8,576,354
| +168% | +$304M |
|
|
SCHW
118
Charles Schwab
SCHW
$177B
| $380M | 0.23% |
9,145,168
-582,863
| -6% | -$26.4M |
|
119
Sensata Technologies
ST
$6.67B
| $379M | 0.23% |
8,463,424
-2,956,013
| -26% | -$134M |
|
120
Target
TGT
$62B
| $376M | 0.23% |
5,694,211
+1,082,765
| +23% | +$83.3M |
|
121
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.05B
| $375M | 0.23% |
13,588,072
+1,477,100
| +12% | +$43.7M |
|
122
Intuitive Surgical
ISRG
$122B
| $374M | 0.23% |
2,341,233
+9,051
| +0.4% | +$1.53M |
|
123
SBA Communications
SBAC
$18.9B
| $369M | 0.22% |
2,281,887
+211,458
| +10% | +$34.4M |
|
124
Walmart Inc
WMT
$867B
| $364M | 0.22% |
11,720,211
+60,657
| +0.5% | +$1.94M |
|
125
McCormick & Company Non-Voting
MKC
$13.7B
| $359M | 0.22% |
5,159,848
+1,070
| +0% | +$76.7K |
|
Similar funds
Franklin Resources's Q4 2018 Portfolio in Review
As of Q4 2018, Franklin Resources held 1,581 positions worth $166B, down 18% from $201B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $9.32B in Q4 2018, closing 110 positions and reducing 645 holdings. Its most notable exit was Praxair Inc, an estimated $894M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, down from 17% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Linde worth $861M.
- Franklin Resources's largest Q4 2018 buy was Linde: 5,516,284 shares worth $861M.
- Franklin Resources added most to Western Digital in Q4 2018, an estimated $304M increase.
- Franklin Resources's biggest Q4 2018 reduction was Eli Lilly, cutting an estimated $1.17B.
- Franklin Resources fully exited Praxair Inc in Q4 2018, selling an estimated $894M.
- Franklin Resources's ten largest holdings make up 12% of its $166B portfolio in Q4 2018.
- Franklin Resources opened 69 new positions and closed 110 in Q4 2018.
- Franklin Resources's portfolio value fell 18% quarter-over-quarter to $166B.
Based on Franklin Resources's 13F filing for Q4 2018, filed 12 Feb 2019.