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 | 15.93% |
| 2 | Healthcare | 15.77% |
| 3 | Financials | 14.12% |
| 4 | Industrials | 9.3% |
| 5 | Utilities | 7.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Lockheed Martin
LMT
$121B
| $283M | 0.15% |
724,866
+19,681
| +3% | +$7.4M |
|
177
Evergy
EVRG
$18.8B
| $283M | 0.15% |
4,244,291
+14,768
| +0.3% | +$934K |
|
|
178
Target
TGT
$74.7B
| $280M | 0.15% |
2,622,882
-5,892,426
| -69% | -$560M |
|
179
Amphenol
APH
$204B
| $280M | 0.15% |
23,245,960
+573,904
| +3% | +$6.61M |
|
180
Idexx Laboratories
IDXX
$42.2B
| $276M | 0.15% |
1,015,357
+90,841
| +10% | +$25.3M |
|
|
NAV
181
DELISTED
Navistar International
NAV
| $273M | 0.15% |
9,709,497
+349,679
| +4% | +$9.93M |
|
182
Twilio
TWLO
$35.8B
| $273M | 0.15% |
2,481,861
+134,459
| +6% | +$17.4M |
|
183
Microchip Technology
MCHP
$40.3B
| $272M | 0.15% |
5,857,528
-370,508
| -6% | -$16.8M |
|
|
XLNX
184
DELISTED
Xilinx Inc
XLNX
| $272M | 0.15% |
2,831,102
+127,909
| +5% | +$14M |
|
185
Autodesk
ADSK
$45.5B
| $269M | 0.15% |
1,821,960
-250,802
| -12% | -$39M |
|
186
Labcorp
LH
$26.5B
| $268M | 0.15% |
1,857,496
+1,246,519
| +204% | +$182M |
|
187
First Horizon
FHN
$11.8B
| $259M | 0.14% |
16,006,227
-101,200
| -0.6% | -$1.6M |
|
188
Truist Financial
TFC
$63.1B
| $256M | 0.14% |
4,789,926
+127,555
| +3% | +$6.32M |
|
189
Philip Morris
PM
$284B
| $251M | 0.14% |
3,306,686
-298,987
| -8% | -$23.7M |
|
190
Entergy
ETR
$51.3B
| $251M | 0.14% |
4,277,980
+170
| +0% | +$9.3K |
|
191
Canadian Imperial Bank of Commerce
CM
$107B
| $250M | 0.14% |
6,042,394
+204,342
| +4% | +$8.03M |
|
192
Synopsys
SNPS
$75.5B
| $250M | 0.14% |
1,818,846
+165,998
| +10% | +$22.4M |
|
193
Monster Beverage
MNST
$85.8B
| $250M | 0.14% |
17,197,604
-198,076
| -1% | -$3M |
|
194
Newell Brands
NWL
$2.6B
| $249M | 0.14% |
13,286,446
+65,932
| +0.5% | +$1.06M |
|
195
iShares Core US Aggregate Bond ETF
AGG
$138B
| $247M | 0.13% |
2,180,044
-580,109
| -21% | -$65.2M |
|
196
Fortive
FTV
$17.2B
| $244M | 0.13% |
5,637,569
-326,948
| -5% | -$15.1M |
|
197
AstraZeneca
AZN
$252B
| $240M | 0.13% |
2,693,729
+342,954
| +15% | +$29.7M |
|
198
LivaNova
LIVN
$4.51B
| $240M | 0.13% |
3,251,285
+379,807
| +13% | +$29.3M |
|
199
Mattel
MAT
$4.15B
| $238M | 0.13% |
20,903,422
-115,944
| -0.6% | -$1.33M |
|
200
Eversource Energy
ES
$26.8B
| $237M | 0.13% |
2,767,531
+9,980
| +0.4% | +$793K |
|
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 $6.94B 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.