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 | |
|---|---|---|---|---|---|---|
1401
Vanguard Information Technology ETF
VGT
$139B
| $253K | ﹤0.01% |
8,288
| – | – |
|
|
WWE
1402
DELISTED
World Wrestling Entertainment
WWE
| $253K | ﹤0.01% |
+3,900
| New | +$247K |
|
1403
Nasdaq
NDAQ
$52.1B
| $250K | ﹤0.01% |
7,002
+927
| +15% | +$31.6K |
|
1404
Marvell Technology
MRVL
$174B
| $249K | ﹤0.01% |
+9,393
| New | +$238K |
|
1405
ZTO Express
ZTO
$18.3B
| $245K | ﹤0.01% |
10,510
+1,050
| +11% | +$22.7K |
|
|
CALY
1406
Callaway Golf Company
CALY
$3.26B
| $244K | ﹤0.01% |
11,503
-8,375
| -42% | -$172K |
|
1407
NovaGold Resources
NG
$2.6B
| $243K | ﹤0.01% |
27,132
-684
| -2% | -$4.73K |
|
1408
Dollar Tree
DLTR
$23.1B
| $242K | ﹤0.01% |
2,571
-241,778
| -99% | -$25.4M |
|
1409
Western Union
WU
$2.57B
| $240K | ﹤0.01% |
+8,980
| New | +$233K |
|
1410
Iron Mountain
IRM
$38.1B
| $237K | ﹤0.01% |
7,422
+811
| +12% | +$26.6K |
|
1411
Harley-Davidson
HOG
$2.68B
| $236K | ﹤0.01% |
6,346
+198
| +3% | +$7.37K |
|
|
AMED
1412
DELISTED
Amedisys
AMED
| $235K | ﹤0.01% |
+1,408
| New | +$209K |
|
1413
TransAlta
TAC
$4.33B
| $235K | ﹤0.01% |
32,844
-828
| -2% | -$5.38K |
|
1414
Wendy's
WEN
$1.33B
| $230K | ﹤0.01% |
10,355
-12,432
| -55% | -$264K |
|
1415
United Rentals
URI
$71B
| $229K | ﹤0.01% |
+1,378
| New | +$200K |
|
1416
First Majestic Silver
AG
$8.05B
| $228K | ﹤0.01% |
18,564
-468
| -2% | -$4.92K |
|
1417
Etsy
ETSY
$7.67B
| $227K | ﹤0.01% |
5,115
-859,316
| -99% | -$40.9M |
|
1418
OneMain Financial
OMF
$6.9B
| $225K | ﹤0.01% |
5,329
-6,464
| -55% | -$261K |
|
1419
Coca-Cola Europacific Partners
CCEP
$46.5B
| $222K | ﹤0.01% |
+4,375
| New | +$230K |
|
1420
Mohawk Industries
MHK
$6.9B
| $220K | ﹤0.01% |
1,613
-637
| -28% | -$86.7K |
|
1421
Essent Group
ESNT
$6.05B
| $219K | ﹤0.01% |
4,208
-7
| -0.2% | -$365 |
|
1422
iShares MSCI Japan ETF
EWJ
$21.7B
| $219K | ﹤0.01% |
3,699
-36,078
| -91% | -$2.13M |
|
1423
Avnet
AVT
$7.33B
| $217K | ﹤0.01% |
5,107
-3,581
| -41% | -$147K |
|
1424
Globus Medical
GMED
$10.4B
| $217K | ﹤0.01% |
+3,685
| New | +$200K |
|
1425
iShares Morningstar Small-Cap ETF
ISCB
$282M
| $217K | ﹤0.01% |
4,600
| – | – |
|
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.