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 | |
|---|---|---|---|---|---|---|
1276
SAP
SAP
$187B
| $662K | ﹤0.01% |
4,938
-166
| -3% | -$21.8K |
|
1277
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $655K | ﹤0.01% |
21,276
-520
| -2% | -$15.3K |
|
1278
iShares Russell Mid-Cap Value ETF
IWS
$15.7B
| $645K | ﹤0.01% |
6,807
+1,510
| +29% | +$138K |
|
1279
Boston Scientific
BSX
$65.8B
| $636K | ﹤0.01% |
14,065
+2,867
| +26% | +$120K |
|
1280
AMC Global Media
AMCX
$430M
| $632K | ﹤0.01% |
16,003
-20,375
| -56% | -$856K |
|
1281
Dell
DELL
$283B
| $628K | ﹤0.01% |
24,106
-300
| -1% | -$7.8K |
|
1282
i3 Verticals
IIIV
$395M
| $624K | ﹤0.01% |
22,100
-4,500
| -17% | -$106K |
|
1283
Cullen/Frost Bankers
CFR
$10.3B
| $617K | ﹤0.01% |
6,308
| – | – |
|
1284
Aon
AON
$77.3B
| $615K | ﹤0.01% |
2,955
+565
| +24% | +$112K |
|
|
ESGR
1285
DELISTED
Enstar Group
ESGR
| $615K | ﹤0.01% |
+2,975
| New | +$595K |
|
|
LOGM
1286
DELISTED
LogMein, Inc.
LOGM
| $615K | ﹤0.01% |
7,173
-61,077
| -89% | -$4.53M |
|
1287
Farmers National Banc Corp
FMNB
$899M
| $607K | ﹤0.01% |
37,220
| – | – |
|
1288
iShares MSCI EAFE Value ETF
EFV
$27.6B
| $604K | ﹤0.01% |
12,094
-7
| -0.1% | -$343 |
|
1289
Nexa Resources
NEXA
$1.7B
| $598K | ﹤0.01% |
73,500
-201,900
| -73% | -$1.84M |
|
1290
Franklin US Equity Index ETF
USPX
$1.97B
| $594K | ﹤0.01% |
17,705
-101,630
| -85% | -$3.31M |
|
1291
Loews
L
$24.3B
| $591K | ﹤0.01% |
11,255
+396
| +4% | +$20K |
|
1292
RB Global
RBA
$20.8B
| $588K | ﹤0.01% |
13,679
-340
| -2% | -$14.2K |
|
1293
Vanguard Total Bond Market
BND
$157B
| $583K | ﹤0.01% |
6,954
-1,560
| -18% | -$131K |
|
1294
WD-40
WDFC
$3.1B
| $580K | ﹤0.01% |
2,990
+375
| +14% | +$70.7K |
|
1295
iShares Currency Hedged MSCI Japan ETF
HEWJ
$728M
| $551K | ﹤0.01% |
16,724
-3,917
| -19% | -$128K |
|
1296
iShares MSCI China ETF
MCHI
$6.04B
| $551K | ﹤0.01% |
8,600
+800
| +10% | +$47.9K |
|
1297
Vanguard Russell 2000 ETF
VTWO
$17.3B
| $550K | ﹤0.01% |
8,260
| – | – |
|
1298
MPLX
MPLX
$59.5B
| $540K | ﹤0.01% |
21,210
| – | – |
|
1299
Penske Automotive Group
PAG
$14.3B
| $537K | ﹤0.01% |
10,708
+1,653
| +18% | +$81.7K |
|
1300
American States Water
AWR
$3.39B
| $535K | ﹤0.01% |
6,168
+23
| +0.4% | +$2.04K |
|
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.