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 | |
|---|---|---|---|---|---|---|
1251
Apollo Global Management
APO
$70.7B
| $810K | ﹤0.01% |
+16,975
| New | +$724K |
|
1252
iShares Core S&P Total US Stock Market ETF
ITOT
$93.2B
| $791K | ﹤0.01% |
10,888
-4,400
| -29% | -$306K |
|
|
CDK
1253
DELISTED
CDK Global, Inc.
CDK
| $788K | ﹤0.01% |
14,407
+141
| +1% | +$7.25K |
|
1254
Ambev
ABEV
$47.3B
| $786K | ﹤0.01% |
168,600
+117,200
| +228% | +$520K |
|
1255
JD.com
JD
$40.8B
| $783K | ﹤0.01% |
22,222
-15,274
| -41% | -$493K |
|
1256
iShares MSCI EAFE Growth ETF
EFG
$16.3B
| $782K | ﹤0.01% |
9,041
+3,425
| +61% | +$286K |
|
1257
Insulet
PODD
$11.3B
| $777K | ﹤0.01% |
4,540
+110
| +2% | +$18.3K |
|
|
WRI
1258
DELISTED
Weingarten Realty Investors
WRI
| $769K | ﹤0.01% |
24,600
| – | – |
|
|
FRC
1259
DELISTED
First Republic Bank
FRC
| $766K | ﹤0.01% |
6,522
+480
| +8% | +$51.8K |
|
1260
Vanguard Real Estate ETF
VNQ
$39.9B
| $762K | ﹤0.01% |
8,217
+291
| +4% | +$26.9K |
|
1261
Hancock Whitney
HWC
$6.13B
| $746K | ﹤0.01% |
17,000
| – | – |
|
|
SWIR
1262
DELISTED
Sierra Wireless
SWIR
| $746K | ﹤0.01% |
78,100
| – | – |
|
1263
Ingersoll Rand
IR
$33B
| $730K | ﹤0.01% |
19,900
| – | – |
|
1264
iShares MSCI USA Momentum Factor ETF
MTUM
$25.5B
| $728K | ﹤0.01% |
5,795
+2,045
| +55% | +$248K |
|
1265
Campbell Soup
CPB
$6.51B
| $724K | ﹤0.01% |
14,649
-2,892
| -16% | -$137K |
|
1266
Hubbell
HUBB
$25.7B
| $720K | ﹤0.01% |
4,865
+2,730
| +128% | +$389K |
|
1267
Armstrong World Industries
AWI
$6.86B
| $716K | ﹤0.01% |
+7,620
| New | +$728K |
|
1268
Kewaunee Scientific
KEQU
$103M
| $709K | ﹤0.01% |
52,700
| – | – |
|
|
DAY
1269
DELISTED
Dayforce
DAY
| $706K | ﹤0.01% |
10,400
| – | – |
|
1270
Vanguard Total Stock Market ETF
VTI
$654B
| $702K | ﹤0.01% |
4,290
-9,937
| -70% | -$1.56M |
|
|
SPN
1271
DELISTED
Superior Energy Services, Inc.
SPN
| $696K | ﹤0.01% |
+139,008
| New | +$690K |
|
1272
Vanguard Small-Cap Growth ETF
VBK
$23.2B
| $695K | ﹤0.01% |
3,500
| – | – |
|
1273
Sprouts Farmers Market
SFM
$7.04B
| $691K | ﹤0.01% |
35,752
+6,270
| +21% | +$121K |
|
1274
Fortune Brands Innovations
FBIN
$6.12B
| $673K | ﹤0.01% |
12,051
+2,372
| +25% | +$125K |
|
1275
Friedman Industries
FRD
$253M
| $663K | ﹤0.01% |
110,200
-9,800
| -8% | -$62.7K |
|
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.