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 |
Occidental Petroleum
OXY
|
+$634M |
| 2 |
CVS Health
CVS
|
+$597M |
| 3 |
3M
MMM
|
+$504M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$443M |
| 5 |
Kraft Heinz
KHC
|
+$397M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sempra
SRE
|
+$667M |
| 2 |
Merck
MRK
|
+$510M |
| 3 |
DuPont de Nemours
DD
|
+$487M |
| 4 |
UBS Group
UBS
|
+$482M |
| 5 |
Cummins
CMI
|
+$467M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.15% |
| 2 | Technology | 15.86% |
| 3 | Financials | 14.28% |
| 4 | Industrials | 9.17% |
| 5 | Communication Services | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
TC Energy
TRP
$72.9B
| $407M | 0.22% |
8,213,370
-956,391
| -10% | -$45.9M |
|
|
127
Kraft Heinz
KHC
$30.1B
| $400M | 0.21% |
12,882,163
+12,589,457
| +4,301% | +$397M |
|
128
Canadian Pacific Kansas City
CP
$82B
| $398M | 0.21% |
8,454,365
-1,415,190
| -14% | -$63.2M |
|
129
Dover
DOV
$26.6B
| $397M | 0.21% |
3,958,994
-181,695
| -4% | -$17.4M |
|
130
AT&T
T
$157B
| $396M | 0.21% |
15,659,769
+3,739,074
| +31% | +$89.7M |
|
131
UnitedHealth
UNH
$385B
| $394M | 0.21% |
1,614,263
-7,012
| -0.4% | -$1.69M |
|
|
CIT
132
DELISTED
CIT Group Inc.
CIT
| $385M | 0.2% |
7,330,824
-989,206
| -12% | -$50M |
|
|
DISCK
133
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $381M | 0.2% |
13,405,771
+43,890
| +0.3% | +$1.19M |
|
134
Intercontinental Exchange
ICE
$81B
| $381M | 0.2% |
4,430,664
-14,652
| -0.3% | -$1.2M |
|
135
Royal Bank of Canada
RY
$290B
| $373M | 0.2% |
4,687,456
-1,456,250
| -24% | -$114M |
|
|
INXN
136
DELISTED
Interxion Holding N.V.
INXN
| $372M | 0.2% |
4,883,010
+276,588
| +6% | +$19.7M |
|
137
Canadian Natural Resources
CNQ
$98B
| $369M | 0.2% |
27,976,525
-1,418,855
| -5% | -$19.5M |
|
138
NVIDIA
NVDA
$5.06T
| $368M | 0.2% |
89,597,080
+1,171,960
| +1% | +$4.86M |
|
139
Shopify
SHOP
$145B
| $363M | 0.19% |
12,074,650
-2,553,860
| -17% | -$66.5M |
|
140
Altria Group
MO
$120B
| $360M | 0.19% |
7,608,794
+73,252
| +1% | +$3.84M |
|
141
Erie Indemnity
ERIE
$11.2B
| $357M | 0.19% |
1,404,795
-79,770
| -5% | -$16.5M |
|
142
Colgate-Palmolive
CL
$72.1B
| $354M | 0.19% |
4,933,332
+59,961
| +1% | +$4.26M |
|
143
Morgan Stanley
MS
$338B
| $353M | 0.19% |
8,049,338
+4,800
| +0.1% | +$214K |
|
144
American Electric Power
AEP
$73.4B
| $351M | 0.19% |
3,989,038
-5,853
| -0.1% | -$504K |
|
145
Toronto Dominion Bank
TD
$197B
| $349M | 0.19% |
5,978,326
-1,760,440
| -23% | -$99M |
|
|
INFO
146
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $347M | 0.18% |
5,448,579
-61,779
| -1% | -$3.55M |
|
147
iShares Core S&P 500 ETF
IVV
$875B
| $344M | 0.18% |
1,165,651
-15,854
| -1% | -$4.59M |
|
148
Exelon
EXC
$48.4B
| $341M | 0.18% |
9,965,232
+110,960
| +1% | +$3.92M |
|
149
Autodesk
ADSK
$43.3B
| $338M | 0.18% |
2,072,762
+30,034
| +1% | +$5.05M |
|
150
KB Financial Group
KB
$42.4B
| $337M | 0.18% |
8,547,928
+1,049,485
| +14% | +$40.9M |
|
Similar funds
Franklin Resources's Q2 2019 Portfolio in Review
As of Q2 2019, Franklin Resources held 1,620 positions worth $188B, up 0.7% from $187B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $5.99B in Q2 2019, closing 78 positions and reducing 611 holdings. Its most notable exit was L3Harris, an estimated $48.7M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Dow Inc worth $256M.
- Franklin Resources's largest Q2 2019 buy was Dow Inc: 5,190,536 shares worth $256M.
- Franklin Resources added most to Occidental Petroleum in Q2 2019, an estimated $634M increase.
- Franklin Resources's biggest Q2 2019 reduction was Sempra, cutting an estimated $667M.
- Franklin Resources fully exited L3Harris in Q2 2019, selling an estimated $48.7M.
- Franklin Resources's ten largest holdings make up 12% of its $188B portfolio in Q2 2019.
- Franklin Resources opened 134 new positions and closed 78 in Q2 2019.
- Franklin Resources's portfolio value rose 0.7% quarter-over-quarter to $188B.
Based on Franklin Resources's 13F filing for Q2 2019, filed 14 Aug 2019.