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 |
Franklin US Core Bond ETF
FLCB
|
+$697M |
| 2 |
Verizon
VZ
|
+$437M |
| 3 |
Merck
MRK
|
+$411M |
| 4 |
Franklin US Treasury Bond ETF
FLGV
|
+$370M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$326M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$1.17B |
| 2 |
RTN
Raytheon Company
RTN
|
+$831M |
| 3 |
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
|
+$566M |
| 4 |
Gilead Sciences
GILD
|
+$499M |
| 5 |
WBA
Walgreens Boots Alliance
WBA
|
+$463M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.52% |
| 2 | Healthcare | 15.75% |
| 3 | Financials | 10.84% |
| 4 | Consumer Discretionary | 8.86% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Mercado Libre
MELI
$92.1B
| $511M | 0.26% |
500,860
-93,415
| -16% | -$70.1M |
|
102
DTE Energy
DTE
$31.1B
| $508M | 0.26% |
5,217,820
+1,294,719
| +33% | +$115M |
|
103
Baidu
BIDU
$36B
| $504M | 0.26% |
4,108,887
-127,238
| -3% | -$13.6M |
|
104
Voya Financial
VOYA
$8.79B
| $501M | 0.26% |
10,179,669
-173,803
| -2% | -$7.72M |
|
105
Mettler-Toledo International
MTD
$26.9B
| $496M | 0.26% |
561,693
+5,772
| +1% | +$4.29M |
|
106
Workday
WDAY
$32.7B
| $493M | 0.25% |
2,614,051
+126,627
| +5% | +$20.5M |
|
107
Intel
INTC
$487B
| $487M | 0.25% |
7,969,776
+264,554
| +3% | +$15.8M |
|
108
American Tower
AMT
$78.7B
| $478M | 0.25% |
1,845,135
+171,301
| +10% | +$42.4M |
|
109
General Dynamics
GD
$104B
| $474M | 0.24% |
3,126,625
-1,551,519
| -33% | -$219M |
|
110
Monolithic Power Systems
MPWR
$66.5B
| $456M | 0.24% |
1,831,350
-180,942
| -9% | -$36.6M |
|
111
Sempra
SRE
$61.4B
| $454M | 0.23% |
7,098,156
-346,046
| -5% | -$21.3M |
|
112
Crown Castle
CCI
$33.4B
| $453M | 0.23% |
2,697,103
+169,196
| +7% | +$27.3M |
|
113
McCormick & Company Non-Voting
MKC
$13.6B
| $450M | 0.23% |
4,644,060
-504,042
| -10% | -$41.5M |
|
114
Bank of America Series L
BAC.PRL
$3.95B
| $448M | 0.23% |
312,127
-102,443
| -25% | -$139M |
|
115
Equinix
EQIX
$108B
| $447M | 0.23% |
608,336
+26,744
| +5% | +$18.1M |
|
116
Bristol-Myers Squibb
BMY
$127B
| $447M | 0.23% |
7,461,119
-82,447
| -1% | -$4.93M |
|
117
Regeneron Pharmaceuticals
REGN
$69.4B
| $442M | 0.23% |
693,744
+110,879
| +19% | +$62.9M |
|
118
Novavax
NVAX
$1.26B
| $442M | 0.23% |
3,016,424
+1,290,399
| +75% | +$49.4M |
|
119
Labcorp
LH
$24.3B
| $437M | 0.23% |
2,544,776
+641,268
| +34% | +$88.7M |
|
120
Cintas
CTAS
$81.7B
| $436M | 0.22% |
6,021,016
-76,212
| -1% | -$4.41M |
|
121
iShares Core S&P 500 ETF
IVV
$876B
| $434M | 0.22% |
1,323,504
+189,658
| +17% | +$55.7M |
|
122
Freeport-McMoran
FCX
$88.4B
| $432M | 0.22% |
31,704,019
+1,952,939
| +7% | +$17.9M |
|
123
BP
BP
$113B
| $421M | 0.22% |
17,945,092
+6,012,229
| +50% | +$144M |
|
124
Western Digital
WDC
$184B
| $420M | 0.22% |
12,643,297
+3,124,346
| +33% | +$101M |
|
125
TJX Companies
TJX
$170B
| $419M | 0.22% |
7,844,041
+4,370,286
| +126% | +$219M |
|
Similar funds
Franklin Resources's Q2 2020 Portfolio in Review
As of Q2 2020, Franklin Resources held 1,773 positions worth $194B, up 30% from $150B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Franklin Resources's Q2 2020 filing shows 304 new, 648 increased, 578 reduced and 97 closed positions. Its largest new stake was Franklin US Treasury Bond ETF: 14,676,171 shares worth $374M. The largest sale was Allergan plc, an estimated $1.17B.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 18% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2020 buy was Franklin US Treasury Bond ETF: 14,676,171 shares worth $374M.
- Franklin Resources added most to Franklin US Core Bond ETF in Q2 2020, an estimated $697M increase.
- Franklin Resources's biggest Q2 2020 reduction was Gilead Sciences, cutting an estimated $499M.
- Franklin Resources fully exited Allergan plc in Q2 2020, selling an estimated $1.17B.
- Franklin Resources's ten largest holdings make up 13% of its $194B portfolio in Q2 2020.
- Franklin Resources opened 304 new positions and closed 97 in Q2 2020.
- Franklin Resources's portfolio value rose 30% quarter-over-quarter to $194B.
Based on Franklin Resources's 13F filing for Q2 2020, filed 13 Aug 2020.