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 |
Chevron
CVX
|
+$864M |
| 2 |
JPMorgan Chase
JPM
|
+$721M |
| 3 |
PepsiCo
PEP
|
+$637M |
| 4 |
ExxonMobil
XOM
|
+$604M |
| 5 |
American Electric Power
AEP
|
+$596M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$396M |
| 2 |
Wells Fargo
WFC
|
+$374M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$322M |
| 4 |
Alibaba
BABA
|
+$306M |
| 5 |
Oracle
ORCL
|
+$305M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.33% |
| 2 | Healthcare | 15.31% |
| 3 | Financials | 10.49% |
| 4 | Consumer Discretionary | 9.14% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Hartford Financial Services
HIG
$38.5B
| $524M | 0.25% |
14,213,909
-219,308
| -2% | -$8.74M |
|
102
AbbVie
ABBV
$458B
| $521M | 0.25% |
5,947,206
-895,784
| -13% | -$84.3M |
|
103
Workday
WDAY
$33.4B
| $521M | 0.25% |
2,419,628
-194,423
| -7% | -$38.5M |
|
104
Lockheed Martin
LMT
$134B
| $519M | 0.25% |
1,353,813
+511,248
| +61% | +$195M |
|
105
Cintas
CTAS
$82.4B
| $493M | 0.24% |
5,929,456
-91,560
| -2% | -$7.06M |
|
106
Illumina
ILMN
$29.4B
| $492M | 0.24% |
1,636,474
+84,828
| +5% | +$29.2M |
|
107
Labcorp
LH
$24.3B
| $490M | 0.24% |
3,032,279
+487,503
| +19% | +$77.3M |
|
108
BCE
BCE
$19.9B
| $482M | 0.23% |
11,636,502
+2,586,576
| +29% | +$109M |
|
109
MSCI
MSCI
$40B
| $480M | 0.23% |
1,346,569
+12,518
| +0.9% | +$4.54M |
|
110
Voya Financial
VOYA
$8.94B
| $476M | 0.23% |
9,920,774
-258,895
| -3% | -$12.7M |
|
111
Amgen
AMGN
$203B
| $475M | 0.23% |
1,869,617
-149,124
| -7% | -$36.9M |
|
112
Crown Castle
CCI
$32.7B
| $468M | 0.23% |
2,812,927
+115,824
| +4% | +$19.1M |
|
113
Equinix
EQIX
$107B
| $468M | 0.23% |
615,730
+7,394
| +1% | +$5.59M |
|
114
TotalEnergies
TTE
$193B
| $467M | 0.23% |
13,627,897
+13,204,473
| +3,118% | +$503M |
|
115
Sysco
SYY
$39.7B
| $463M | 0.22% |
7,446,162
+1,236,281
| +20% | +$71.9M |
|
116
Exelon
EXC
$48.6B
| $462M | 0.22% |
18,129,789
+8,391,657
| +86% | +$222M |
|
117
BILL Holdings
BILL
$4.33B
| $462M | 0.22% |
4,602,398
+2,148,263
| +88% | +$195M |
|
118
Bank of America Series L
BAC.PRL
$3.95B
| $453M | 0.22% |
304,530
-7,597
| -2% | -$11.1M |
|
119
iShares Core S&P 500 ETF
IVV
$876B
| $450M | 0.22% |
1,340,348
+16,844
| +1% | +$5.61M |
|
120
Philip Morris
PM
$301B
| $450M | 0.22% |
5,998,080
+1,051,619
| +21% | +$81.1M |
|
121
Cummins
CMI
$91.7B
| $444M | 0.22% |
2,103,949
+1,700,483
| +421% | +$339M |
|
122
Morgan Stanley
MS
$337B
| $440M | 0.21% |
9,092,835
-2,744,660
| -23% | -$138M |
|
123
McCormick & Company Non-Voting
MKC
$13.4B
| $439M | 0.21% |
4,527,380
-116,680
| -3% | -$11.4M |
|
124
TSMC
TSM
$2.09T
| $438M | 0.21% |
5,402,298
+407,399
| +8% | +$31M |
|
125
Truist Financial
TFC
$63.2B
| $437M | 0.21% |
11,487,692
+1,444,503
| +14% | +$54.4M |
|
Similar funds
Franklin Resources's Q3 2020 Portfolio in Review
As of Q3 2020, Franklin Resources held 1,922 positions worth $207B, up 6.4% from $194B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Franklin Resources's Q3 2020 filing shows 241 new, 817 increased, 586 reduced and 63 closed positions. Its largest new stake was NextEra Energy, Inc. 6.219% Corporate Units: 6,330,200 shares worth $302M. The largest sale was Pfizer, an estimated $396M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q3 2020 buy was NextEra Energy, Inc. 6.219% Corporate Units: 6,330,200 shares worth $302M.
- Franklin Resources added most to Chevron in Q3 2020, an estimated $864M increase.
- Franklin Resources's biggest Q3 2020 reduction was Pfizer, cutting an estimated $396M.
- Franklin Resources fully exited Signature Bank in Q3 2020, selling an estimated $72.1M.
- Franklin Resources's ten largest holdings make up 14% of its $207B portfolio in Q3 2020.
- Franklin Resources opened 241 new positions and closed 63 in Q3 2020.
- Franklin Resources's portfolio value rose 6.4% quarter-over-quarter to $207B.
Based on Franklin Resources's 13F filing for Q3 2020, filed 12 Nov 2020.