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 | |
|---|---|---|---|---|---|---|
|
TIF
176
DELISTED
Tiffany & Co.
TIF
| $281M | 0.15% |
2,101,434
-221,922
| -10% | -$26.2M |
|
177
Berkshire Hathaway Class B
BRK.B
$1.07T
| $276M | 0.14% |
1,217,510
+788,528
| +184% | +$171M |
|
|
NAV
178
DELISTED
Navistar International
NAV
| $275M | 0.14% |
9,486,960
-222,537
| -2% | -$6.84M |
|
179
Labcorp
LH
$24.4B
| $273M | 0.14% |
1,877,296
+19,800
| +1% | +$2.86M |
|
180
Monster Beverage
MNST
$91.8B
| $272M | 0.14% |
8,572,338
-26,464
| -0.3% | -$777K |
|
181
Truist Financial
TFC
$63.4B
| $271M | 0.14% |
4,807,784
+17,858
| +0.4% | +$967K |
|
182
AstraZeneca
AZN
$264B
| $270M | 0.14% |
2,708,920
+15,191
| +0.6% | +$1.43M |
|
183
First Horizon
FHN
$12.2B
| $270M | 0.14% |
16,274,927
+268,700
| +2% | +$4.36M |
|
184
Microchip Technology
MCHP
$42.9B
| $268M | 0.14% |
5,119,608
-737,920
| -13% | -$35.6M |
|
185
Idexx Laboratories
IDXX
$43B
| $267M | 0.14% |
1,022,903
+7,546
| +0.7% | +$1.99M |
|
186
Constellation Brands
STZ
$22.3B
| $267M | 0.14% |
1,407,672
-7,411
| -0.5% | -$1.4M |
|
187
Fortive
FTV
$19B
| $266M | 0.14% |
5,513,727
-123,842
| -2% | -$5.59M |
|
188
PTC Therapeutics
PTCT
$6.46B
| $263M | 0.14% |
5,470,308
+41,659
| +0.8% | +$1.77M |
|
189
DTE Energy
DTE
$31.2B
| $262M | 0.14% |
2,368,476
+361,624
| +18% | +$39M |
|
190
Entergy
ETR
$54B
| $256M | 0.13% |
4,279,218
+1,238
| +0% | +$72.9K |
|
191
ASML
ASML
$683B
| $256M | 0.13% |
865,118
-262
| -0% | -$70.8K |
|
|
RETA
192
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $254M | 0.13% |
1,243,131
-11,896
| -0.9% | -$2.17M |
|
193
Pentair
PNR
$10.3B
| $253M | 0.13% |
5,522,646
-55,416
| -1% | -$2.34M |
|
194
LivaNova
LIVN
$4.34B
| $253M | 0.13% |
3,348,444
+97,159
| +3% | +$7.37M |
|
195
EOG Resources
EOG
$77.7B
| $252M | 0.13% |
3,013,788
-7,606
| -0.3% | -$557K |
|
196
Vertex Pharmaceuticals
VRTX
$122B
| $251M | 0.13% |
1,146,989
-100,879
| -8% | -$20.4M |
|
197
Regeneron Pharmaceuticals
REGN
$69.6B
| $248M | 0.13% |
659,181
-42,834
| -6% | -$14.4M |
|
198
iShares Core MSCI EAFE ETF
IEFA
$187B
| $246M | 0.13% |
3,777,025
+304
| +0% | +$19.3K |
|
199
AB InBev
BUD
$158B
| $244M | 0.13% |
2,979,062
+2,023
| +0.1% | +$168K |
|
|
GWPH
200
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $240M | 0.13% |
2,293,031
+467,520
| +26% | +$52.4M |
|
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.