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 |
Linde
LIN
|
+$872M |
| 2 |
Western Digital
WDC
|
+$304M |
| 3 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$295M |
| 4 |
K
Kellanova
K
|
+$245M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$243M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$1.17B |
| 2 |
PX
Praxair Inc
PX
|
+$894M |
| 3 |
Merck
MRK
|
+$833M |
| 4 |
GE Aerospace
GE
|
+$700M |
| 5 |
Microsoft
MSFT
|
+$675M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.07% |
| 2 | Technology | 15.24% |
| 3 | Financials | 15.2% |
| 4 | Industrials | 8.39% |
| 5 | Communication Services | 7.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Heron Therapeutics
HRTX
$85.6M
| $218M | 0.13% |
8,421,291
+2,563,015
| +44% | +$70.5M |
|
202
Regeneron Pharmaceuticals
REGN
$69.6B
| $217M | 0.13% |
579,707
-73,178
| -11% | -$26.8M |
|
203
Banco Bradesco
BBD
$38.4B
| $215M | 0.13% |
34,691,813
-1,524,275
| -4% | -$8.85M |
|
204
American Water Works
AWK
$26.3B
| $215M | 0.13% |
2,363,336
-17,030
| -0.7% | -$1.55M |
|
205
First Horizon
FHN
$12.1B
| $212M | 0.13% |
16,107,427
-39,000
| -0.2% | -$607K |
|
206
Aptiv
APTV
$12.1B
| $211M | 0.13% |
3,421,929
+14,673
| +0.4% | +$1.06M |
|
207
Erie Indemnity
ERIE
$11.5B
| $209M | 0.13% |
1,570,183
-90,482
| -5% | -$11.7M |
|
208
Cardinal Health
CAH
$53.3B
| $209M | 0.13% |
4,689,112
-35,650
| -0.8% | -$1.86M |
|
209
State Street Financial Select Sector SPDR ETF
XLF
$55.4B
| $208M | 0.13% |
8,719,151
+274,283
| +3% | +$7.12M |
|
210
Itaú Unibanco
ITUB
$91.6B
| $202M | 0.12% |
30,345,412
-846,269
| -3% | -$5.44M |
|
211
Vertex Pharmaceuticals
VRTX
$121B
| $201M | 0.12% |
1,213,494
-22,441
| -2% | -$3.89M |
|
212
NetEase
NTES
$76.8B
| $201M | 0.12% |
4,259,460
-545,560
| -11% | -$24.6M |
|
213
Mercado Libre
MELI
$91.9B
| $200M | 0.12% |
683,801
+39,200
| +6% | +$12.7M |
|
|
TWOU
214
DELISTED
2U Inc
TWOU
| $200M | 0.12% |
134,085
-5,368
| -4% | -$9.44M |
|
215
BP
BP
$113B
| $199M | 0.12% |
5,419,353
-919,591
| -15% | -$36.7M |
|
|
GG
216
DELISTED
Goldcorp Inc
GG
| $199M | 0.12% |
20,308,811
+3,802,011
| +23% | +$36.9M |
|
217
MSCI
MSCI
$40.6B
| $198M | 0.12% |
1,343,041
+77,453
| +6% | +$11.8M |
|
|
ALXN
218
DELISTED
Alexion Pharmaceuticals
ALXN
| $197M | 0.12% |
2,025,575
+41,416
| +2% | +$4.9M |
|
219
TSMC
TSM
$2.11T
| $197M | 0.12% |
5,339,824
-41,381
| -0.8% | -$1.58M |
|
220
Alaska Air
ALK
$5.18B
| $196M | 0.12% |
3,228,387
+2,811
| +0.1% | +$182K |
|
221
Tyler Technologies
TYL
$12.2B
| $196M | 0.12% |
1,055,852
+58,345
| +6% | +$11.5M |
|
222
Franco-Nevada
FNV
$41.5B
| $192M | 0.12% |
2,742,888
-73,229
| -3% | -$4.89M |
|
223
Electronic Arts
EA
$52.4B
| $192M | 0.12% |
2,430,595
+82,450
| +4% | +$7.56M |
|
224
Vornado Realty Trust
VNO
$7.54B
| $192M | 0.12% |
3,089,157
-434,706
| -12% | -$29.8M |
|
225
Stanley Black & Decker
SWK
$14.2B
| $187M | 0.11% |
1,560,301
+117,652
| +8% | +$14.7M |
|
Similar funds
Franklin Resources's Q4 2018 Portfolio in Review
As of Q4 2018, Franklin Resources held 1,581 positions worth $166B, down 18% from $201B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $9.32B in Q4 2018, closing 110 positions and reducing 645 holdings. Its most notable exit was Praxair Inc, an estimated $894M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, down from 17% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Linde worth $861M.
- Franklin Resources's largest Q4 2018 buy was Linde: 5,516,284 shares worth $861M.
- Franklin Resources added most to Western Digital in Q4 2018, an estimated $304M increase.
- Franklin Resources's biggest Q4 2018 reduction was Eli Lilly, cutting an estimated $1.17B.
- Franklin Resources fully exited Praxair Inc in Q4 2018, selling an estimated $894M.
- Franklin Resources's ten largest holdings make up 12% of its $166B portfolio in Q4 2018.
- Franklin Resources opened 69 new positions and closed 110 in Q4 2018.
- Franklin Resources's portfolio value fell 18% quarter-over-quarter to $166B.
Based on Franklin Resources's 13F filing for Q4 2018, filed 12 Feb 2019.