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 |
Occidental Petroleum
OXY
|
+$634M |
| 2 |
CVS Health
CVS
|
+$597M |
| 3 |
3M
MMM
|
+$504M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$443M |
| 5 |
Kraft Heinz
KHC
|
+$397M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sempra
SRE
|
+$667M |
| 2 |
Merck
MRK
|
+$510M |
| 3 |
DuPont de Nemours
DD
|
+$487M |
| 4 |
UBS Group
UBS
|
+$482M |
| 5 |
Cummins
CMI
|
+$467M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.15% |
| 2 | Technology | 15.86% |
| 3 | Financials | 14.28% |
| 4 | Industrials | 9.17% |
| 5 | Communication Services | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Host Hotels & Resorts
HST
$16.4B
| $490M | 0.26% |
26,870,190
-53,226
| -0.2% | -$1M |
|
102
Canadian National Railway
CNI
$79.2B
| $487M | 0.26% |
5,259,411
-1,318,612
| -20% | -$121M |
|
103
Union Pacific
UNP
$181B
| $486M | 0.26% |
2,873,426
-25,739
| -0.9% | -$4.41M |
|
104
SBA Communications
SBAC
$18.5B
| $486M | 0.26% |
2,161,149
-94,403
| -4% | -$19.9M |
|
105
SLB Ltd
SLB
$70.6B
| $481M | 0.26% |
12,093,644
+46,976
| +0.4% | +$1.89M |
|
106
Western Digital
WDC
$192B
| $474M | 0.25% |
13,199,985
-254,045
| -2% | -$8.71M |
|
107
CoStar Group
CSGP
$11.1B
| $467M | 0.25% |
8,421,030
-419,690
| -5% | -$21.4M |
|
108
Mettler-Toledo International
MTD
$26.9B
| $464M | 0.25% |
552,920
+1,101
| +0.2% | +$830K |
|
109
AbbVie
ABBV
$454B
| $461M | 0.25% |
6,338,407
+2,060,033
| +48% | +$162M |
|
110
Liberty Global Class C
LBTYK
$3.37B
| $459M | 0.24% |
17,283,827
+293,154
| +2% | +$7.53M |
|
111
Rio Tinto
RIO
$149B
| $453M | 0.24% |
7,270,893
-5,055,730
| -41% | -$303M |
|
112
Amgen
AMGN
$201B
| $451M | 0.24% |
2,446,418
-1,120,931
| -31% | -$201M |
|
113
Walmart Inc
WMT
$863B
| $438M | 0.23% |
11,890,767
+151,320
| +1% | +$5.21M |
|
114
APA Corp
APA
$12.9B
| $437M | 0.23% |
15,100,207
-1,248,807
| -8% | -$38.8M |
|
115
Intuitive Surgical
ISRG
$119B
| $431M | 0.23% |
2,462,589
+48,228
| +2% | +$8.26M |
|
|
116
UBS Group
UBS
$169B
| $428M | 0.23% |
36,062,385
-39,319,462
| -52% | -$482M |
|
|
Y
117
DELISTED
Alleghany Corp
Y
| $426M | 0.23% |
625,311
-21,420
| -3% | -$14.2M |
|
118
Cintas
CTAS
$81.3B
| $420M | 0.22% |
7,074,192
+136,324
| +2% | +$7.54M |
|
119
Meta Platforms (Facebook)
META
$1.54T
| $419M | 0.22% |
2,168,720
+34,704
| +2% | +$6.34M |
|
120
Sensata Technologies
ST
$6.63B
| $416M | 0.22% |
8,494,375
-52,185
| -0.6% | -$2.48M |
|
121
Intuit
INTU
$77B
| $415M | 0.22% |
1,588,843
+140,416
| +10% | +$35.7M |
|
122
Brookfield
BN
$101B
| $412M | 0.22% |
24,109,373
-8,037,391
| -25% | -$136M |
|
123
Check Point Software Technologies
CHKP
$12.9B
| $411M | 0.22% |
3,558,482
+5,628
| +0.2% | +$664K |
|
124
Northrop Grumman
NOC
$75.8B
| $410M | 0.22% |
1,268,225
+19,523
| +2% | +$5.82M |
|
125
McCormick & Company Non-Voting
MKC
$13.5B
| $407M | 0.22% |
5,254,738
+22,494
| +0.4% | +$1.73M |
|
Similar funds
Franklin Resources's Q2 2019 Portfolio in Review
As of Q2 2019, Franklin Resources held 1,620 positions worth $188B, up 0.7% from $187B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $5.99B in Q2 2019, closing 78 positions and reducing 611 holdings. Its most notable exit was L3Harris, an estimated $48.7M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Dow Inc worth $256M.
- Franklin Resources's largest Q2 2019 buy was Dow Inc: 5,190,536 shares worth $256M.
- Franklin Resources added most to Occidental Petroleum in Q2 2019, an estimated $634M increase.
- Franklin Resources's biggest Q2 2019 reduction was Sempra, cutting an estimated $667M.
- Franklin Resources fully exited L3Harris in Q2 2019, selling an estimated $48.7M.
- Franklin Resources's ten largest holdings make up 12% of its $188B portfolio in Q2 2019.
- Franklin Resources opened 134 new positions and closed 78 in Q2 2019.
- Franklin Resources's portfolio value rose 0.7% quarter-over-quarter to $188B.
Based on Franklin Resources's 13F filing for Q2 2019, filed 14 Aug 2019.