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 | |
|---|---|---|---|---|---|---|
|
IPHI
1326
DELISTED
INPHI CORPORATION
IPHI
| $454K | ﹤0.01% |
6,135
-1,865
| -23% | -$128K |
|
1327
State Street SPDR S&P Health Care Equipment ETF
XHE
$147M
| $450K | ﹤0.01% |
5,250
| – | – |
|
|
ANAT
1328
DELISTED
American National Group, Inc. Common Stock
ANAT
| $450K | ﹤0.01% |
3,821
+494
| +15% | +$58.5K |
|
|
CGC
1329
Canopy Growth
CGC
$375M
| $449K | ﹤0.01% |
2,134
-34
| -2% | -$6.75K |
|
|
SJI
1330
DELISTED
South Jersey Industries, Inc.
SJI
| $433K | ﹤0.01% |
13,140
| – | – |
|
|
AUY
1331
DELISTED
Yamana Gold, Inc.
AUY
| $430K | ﹤0.01% |
108,528
-2,980
| -3% | -$10.5K |
|
|
MGLN
1332
DELISTED
Magellan Health Services, Inc.
MGLN
| $427K | ﹤0.01% |
5,455
-5,669
| -51% | -$399K |
|
1333
Kontoor Brands
KTB
$4.62B
| $421K | ﹤0.01% |
10,001
-3,153
| -24% | -$119K |
|
1334
AES
AES
$10.6B
| $418K | ﹤0.01% |
20,991
+2,237
| +12% | +$40K |
|
1335
Stantec
STN
$7.69B
| $417K | ﹤0.01% |
14,731
-3,549
| -19% | -$87.8K |
|
1336
DXC Technology
DXC
$1.63B
| $413K | ﹤0.01% |
10,972
+455
| +4% | +$14.8K |
|
1337
Jazz Pharmaceuticals
JAZZ
$15.9B
| $408K | ﹤0.01% |
2,732
-495,998
| -99% | -$67.5M |
|
|
JNPR
1338
DELISTED
Juniper Networks
JNPR
| $407K | ﹤0.01% |
16,509
+745
| +5% | +$18.3K |
|
1339
Cameco
CCJ
$38.3B
| $405K | ﹤0.01% |
45,458
-1,146
| -2% | -$10.6K |
|
1340
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $401K | ﹤0.01% |
4,741
| – | – |
|
1341
BioLife Solutions
BLFS
$1.46B
| $398K | ﹤0.01% |
+24,610
| New | +$400K |
|
1342
PG&E
PCG
$47.8B
| $390K | ﹤0.01% |
35,886
-398,386
| -92% | -$3.41M |
|
1343
Box
BOX
$4.02B
| $389K | ﹤0.01% |
23,185
+3,950
| +21% | +$66.2K |
|
1344
State Street Utilities Select Sector SPDR ETF
XLU
$24.1B
| $388K | ﹤0.01% |
12,000
| – | – |
|
1345
BlackBerry
BB
$5.01B
| $380K | ﹤0.01% |
59,057
+741
| +1% | +$4.07K |
|
1346
Flotek Industries
FTK
$935M
| $380K | ﹤0.01% |
31,633
| – | – |
|
1347
Workhorse Group
WKHS
$29.5M
| $380K | ﹤0.01% |
+42
| New | +$387K |
|
|
SILK
1348
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $380K | ﹤0.01% |
+9,421
| New | +$330K |
|
1349
Upbound Group
UPBD
$1.19B
| $368K | ﹤0.01% |
12,790
-13,012
| -50% | -$340K |
|
|
STL
1350
DELISTED
Sterling Bancorp
STL
| $368K | ﹤0.01% |
+17,478
| New | +$356K |
|
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.