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 |
Franklin US Core Bond ETF
FLCB
|
+$697M |
| 2 |
Verizon
VZ
|
+$437M |
| 3 |
Merck
MRK
|
+$411M |
| 4 |
Franklin US Treasury Bond ETF
FLGV
|
+$370M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$326M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$1.17B |
| 2 |
RTN
Raytheon Company
RTN
|
+$831M |
| 3 |
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
|
+$566M |
| 4 |
Gilead Sciences
GILD
|
+$499M |
| 5 |
WBA
Walgreens Boots Alliance
WBA
|
+$463M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.52% |
| 2 | Healthcare | 15.75% |
| 3 | Financials | 10.84% |
| 4 | Consumer Discretionary | 8.86% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
K
126
DELISTED
Kellanova
K
| $416M | 0.21% |
6,559,866
-4,587,640
| -41% | -$278M |
|
127
Intercontinental Exchange
ICE
$81B
| $414M | 0.21% |
4,307,837
-207,078
| -5% | -$19M |
|
128
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $402M | 0.21% |
1,228,800
-979,400
| -44% | -$287M |
|
129
Elevance Health
ELV
$82.3B
| $395M | 0.2% |
1,471,736
+160,564
| +12% | +$42.8M |
|
130
Northrop Grumman
NOC
$75.8B
| $393M | 0.2% |
1,242,903
+326
| +0% | +$107K |
|
131
Blackrock
BLK
$161B
| $389M | 0.2% |
667,628
-34,205
| -5% | -$17.3M |
|
132
Atlassian
TEAM
$20.3B
| $387M | 0.2% |
2,021,515
+383,019
| +23% | +$63.6M |
|
133
Lam Research
LRCX
$400B
| $387M | 0.2% |
10,679,930
+875,680
| +9% | +$23.9M |
|
134
ASML
ASML
$693B
| $385M | 0.2% |
980,622
+105,159
| +12% | +$33M |
|
135
Norfolk Southern
NSC
$78.3B
| $382M | 0.2% |
2,019,367
+163,449
| +9% | +$27.7M |
|
136
Autodesk
ADSK
$43.3B
| $379M | 0.2% |
1,572,480
-230,863
| -13% | -$45.4M |
|
137
Philip Morris
PM
$298B
| $376M | 0.19% |
4,946,461
+33,886
| +0.7% | +$2.47M |
|
|
138
Franklin US Treasury Bond ETF
FLGV
$1.03B
| $374M | 0.19% |
+14,676,171
| New | +$370M |
|
139
Idexx Laboratories
IDXX
$42.5B
| $373M | 0.19% |
1,022,616
+5,516
| +0.5% | +$1.6M |
|
140
Truist Financial
TFC
$62.5B
| $373M | 0.19% |
10,043,189
+246,885
| +3% | +$8.89M |
|
|
INFO
141
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $373M | 0.19% |
4,645,967
-214,285
| -4% | -$14.6M |
|
142
BCE
BCE
$19.8B
| $373M | 0.19% |
9,049,926
+496,607
| +6% | +$20.4M |
|
143
Colgate-Palmolive
CL
$72.1B
| $373M | 0.19% |
5,024,293
+32,474
| +0.7% | +$2.31M |
|
144
International Paper
IP
$20.1B
| $371M | 0.19% |
10,703,344
+1,523,121
| +17% | +$48.5M |
|
145
Dover
DOV
$26.6B
| $371M | 0.19% |
3,525,600
-4,121
| -0.1% | -$380K |
|
146
Amphenol
APH
$194B
| $367M | 0.19% |
14,201,828
+728,792
| +5% | +$16.3M |
|
147
AstraZeneca
AZN
$261B
| $361M | 0.19% |
3,167,615
+264,865
| +9% | +$27.4M |
|
148
Capital One
COF
$123B
| $360M | 0.19% |
5,625,844
-619,749
| -10% | -$38.6M |
|
149
Edwards Lifesciences
EW
$48.3B
| $347M | 0.18% |
4,460,171
-95,293
| -2% | -$6.77M |
|
150
US Bancorp
USB
$98.7B
| $347M | 0.18% |
9,555,978
+1,302,108
| +16% | +$46.4M |
|
Similar funds
Franklin Resources's Q2 2020 Portfolio in Review
As of Q2 2020, Franklin Resources held 1,773 positions worth $194B, up 30% from $150B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Franklin Resources's Q2 2020 filing shows 304 new, 648 increased, 578 reduced and 97 closed positions. Its largest new stake was Franklin US Treasury Bond ETF: 14,676,171 shares worth $374M. The largest sale was Allergan plc, an estimated $1.17B.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 18% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2020 buy was Franklin US Treasury Bond ETF: 14,676,171 shares worth $374M.
- Franklin Resources added most to Franklin US Core Bond ETF in Q2 2020, an estimated $697M increase.
- Franklin Resources's biggest Q2 2020 reduction was Gilead Sciences, cutting an estimated $499M.
- Franklin Resources fully exited Allergan plc in Q2 2020, selling an estimated $1.17B.
- Franklin Resources's ten largest holdings make up 13% of its $194B portfolio in Q2 2020.
- Franklin Resources opened 304 new positions and closed 97 in Q2 2020.
- Franklin Resources's portfolio value rose 30% quarter-over-quarter to $194B.
Based on Franklin Resources's 13F filing for Q2 2020, filed 13 Aug 2020.