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 |
SLB Ltd
SLB
|
+$719M |
| 2 |
Franklin US Core Bond ETF
FLCB
|
+$536M |
| 3 |
Occidental Petroleum
OXY
|
+$462M |
| 4 |
B
Barrick Mining
B
|
+$396M |
| 5 |
CHK
Chesapeake Energy Corporation
CHK
|
+$387M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RHT
Red Hat Inc
RHT
|
+$610M |
| 2 |
APC
Anadarko Petroleum
APC
|
+$568M |
| 3 |
Target
TGT
|
+$560M |
| 4 |
Medtronic
MDT
|
+$446M |
| 5 |
Ford
F
|
+$442M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.76% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 14.11% |
| 4 | Industrials | 9.28% |
| 5 | Utilities | 7.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Altria Group
MO
$121B
| $325M | 0.18% |
7,955,052
+346,258
| +5% | +$15.9M |
|
152
Coca-Cola
KO
$352B
| $325M | 0.18% |
6,042,295
+220,758
| +4% | +$11.8M |
|
153
iShares Core S&P 500 ETF
IVV
$880B
| $323M | 0.18% |
1,083,546
-82,105
| -7% | -$24.4M |
|
154
Huntington Ingalls Industries
HII
$11.4B
| $323M | 0.18% |
1,525,909
+309,665
| +25% | +$67.5M |
|
155
Aptiv
APTV
$12.1B
| $322M | 0.18% |
3,685,627
-236,980
| -6% | -$19.8M |
|
156
Mercado Libre
MELI
$92.7B
| $321M | 0.17% |
582,323
+57,386
| +11% | +$34.8M |
|
157
Workday
WDAY
$33B
| $316M | 0.17% |
1,861,322
+503,876
| +37% | +$97.3M |
|
158
Everest Group
EG
$15.2B
| $315M | 0.17% |
1,183,499
+536,036
| +83% | +$135M |
|
159
Perrigo
PRGO
$1.42B
| $305M | 0.17% |
5,458,122
+934,529
| +21% | +$47.6M |
|
160
MSCI
MSCI
$40.4B
| $305M | 0.17% |
1,399,965
+10,436
| +0.8% | +$2.42M |
|
161
American Water Works
AWK
$26.3B
| $302M | 0.16% |
2,427,806
+60,237
| +3% | +$7.26M |
|
162
AbbVie
ABBV
$457B
| $301M | 0.16% |
3,975,939
-2,362,468
| -37% | -$162M |
|
163
KB Financial Group
KB
$41.8B
| $301M | 0.16% |
8,417,869
-130,059
| -2% | -$4.58M |
|
164
Franklin Emerging Market Core Dividend Tilt Index ETF
DIEM
$69.7M
| $301M | 0.16% |
10,387,484
-496,160
| -5% | -$14.3M |
|
|
DISH
165
DELISTED
DISH Network Corp.
DISH
| $294M | 0.16% |
8,640,367
+9,777
| +0.1% | +$350K |
|
166
PayPal
PYPL
$49.6B
| $293M | 0.16% |
2,831,975
-109,988
| -4% | -$12.1M |
|
167
Constellation Brands
STZ
$22.2B
| $293M | 0.16% |
1,415,083
-26,291
| -2% | -$5.28M |
|
168
Blackrock
BLK
$163B
| $293M | 0.16% |
657,230
-17,773
| -3% | -$7.91M |
|
169
Edison International
EIX
$30.7B
| $292M | 0.16% |
3,877,973
+1,036,154
| +36% | +$74.6M |
|
|
CIT
170
DELISTED
CIT Group Inc.
CIT
| $290M | 0.16% |
6,410,001
-920,823
| -13% | -$42.9M |
|
|
SCHW
171
Charles Schwab
SCHW
$177B
| $290M | 0.16% |
6,939,942
+271,900
| +4% | +$11M |
|
172
Teva Pharmaceuticals
TEVA
$36B
| $285M | 0.16% |
41,476,392
-20,166,739
| -33% | -$155M |
|
173
Lam Research
LRCX
$392B
| $284M | 0.15% |
12,273,260
-301,010
| -2% | -$6.32M |
|
174
Equinix
EQIX
$108B
| $284M | 0.15% |
491,507
-3,800
| -0.8% | -$2.04M |
|
175
AB InBev
BUD
$158B
| $283M | 0.15% |
2,977,039
-691,575
| -19% | -$65.6M |
|
Similar funds
Franklin Resources's Q3 2019 Portfolio in Review
As of Q3 2019, Franklin Resources held 1,609 positions worth $184B, down 2.1% from $188B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $6.67B in Q3 2019, closing 103 positions and reducing 641 holdings. Its most notable exit was Red Hat Inc, an estimated $610M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Franklin US Core Bond ETF worth $537M.
- Franklin Resources's largest Q3 2019 buy was Franklin US Core Bond ETF: 21,301,140 shares worth $537M.
- Franklin Resources added most to SLB Ltd in Q3 2019, an estimated $719M increase.
- Franklin Resources's biggest Q3 2019 reduction was Target, cutting an estimated $560M.
- Franklin Resources fully exited Red Hat Inc in Q3 2019, selling an estimated $610M.
- Franklin Resources's ten largest holdings make up 12% of its $184B portfolio in Q3 2019.
- Franklin Resources opened 65 new positions and closed 103 in Q3 2019.
- Franklin Resources's portfolio value fell 2.1% quarter-over-quarter to $184B.
Based on Franklin Resources's 13F filing for Q3 2019, filed 14 Nov 2019.