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 | |
|---|---|---|---|---|---|---|
151
KB Financial Group
KB
$41.2B
| $331M | 0.17% |
8,009,849
-408,020
| -5% | -$15.6M |
|
152
Aptiv
APTV
$12B
| $331M | 0.17% |
3,488,385
-197,242
| -5% | -$18.1M |
|
153
Exelon
EXC
$48.6B
| $331M | 0.17% |
10,173,778
+323,929
| +3% | +$10.5M |
|
154
Crown Castle
CCI
$32.7B
| $329M | 0.17% |
2,311,105
+1,304,388
| +130% | +$178M |
|
155
Autodesk
ADSK
$44.3B
| $328M | 0.17% |
1,787,559
-34,401
| -2% | -$5.57M |
|
156
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $325M | 0.17% |
1,010,500
-1,009,200
| -50% | -$311M |
|
157
Toronto Dominion Bank
TD
$198B
| $325M | 0.17% |
5,789,450
-210,274
| -4% | -$11.9M |
|
|
SCHW
158
Charles Schwab
SCHW
$177B
| $324M | 0.17% |
6,809,622
-130,320
| -2% | -$5.74M |
|
159
CMS Energy
CMS
$23.1B
| $321M | 0.17% |
5,114,020
-30,728
| -0.6% | -$1.92M |
|
160
Blackrock
BLK
$164B
| $320M | 0.17% |
635,936
-21,294
| -3% | -$10.1M |
|
161
Amphenol
APH
$188B
| $316M | 0.17% |
11,692,128
+69,148
| +0.6% | +$1.77M |
|
162
Perrigo
PRGO
$1.4B
| $316M | 0.17% |
6,108,363
+650,241
| +12% | +$34M |
|
163
Lowe's Companies
LOW
$116B
| $312M | 0.16% |
2,605,624
+1,415,464
| +119% | +$162M |
|
164
PayPal
PYPL
$49.5B
| $312M | 0.16% |
2,882,384
+50,409
| +2% | +$5.25M |
|
165
Bunge Global
BG
$23.6B
| $311M | 0.16% |
5,404,550
-388,894
| -7% | -$21.5M |
|
166
Lockheed Martin
LMT
$134B
| $296M | 0.16% |
759,472
+34,606
| +5% | +$13.3M |
|
167
American Water Works
AWK
$26.3B
| $295M | 0.16% |
2,404,585
-23,221
| -1% | -$2.81M |
|
168
Edison International
EIX
$30.7B
| $293M | 0.15% |
3,881,689
+3,716
| +0.1% | +$263K |
|
|
DISH
169
DELISTED
DISH Network Corp.
DISH
| $291M | 0.15% |
8,191,960
-448,407
| -5% | -$15.5M |
|
170
Heron Therapeutics
HRTX
$86.3M
| $290M | 0.15% |
12,361,411
+2,026,380
| +20% | +$44.8M |
|
171
Equinix
EQIX
$107B
| $290M | 0.15% |
497,257
+5,750
| +1% | +$3.23M |
|
172
Morgan Stanley
MS
$337B
| $287M | 0.15% |
5,618,886
-3,143,077
| -36% | -$149M |
|
173
Mattel
MAT
$4.17B
| $283M | 0.15% |
20,902,722
-700
| -0% | -$8.3K |
|
|
CIT
174
DELISTED
CIT Group Inc.
CIT
| $283M | 0.15% |
6,194,576
-215,425
| -3% | -$9.65M |
|
175
Synopsys
SNPS
$71.5B
| $282M | 0.15% |
2,026,850
+208,004
| +11% | +$28.5M |
|
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.