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 | |
|---|---|---|---|---|---|---|
201
iShares Core MSCI EAFE ETF
IEFA
$186B
| $231M | 0.13% |
3,776,721
+244,835
| +7% | +$14.8M |
|
202
Erie Indemnity
ERIE
$11.5B
| $230M | 0.12% |
1,238,742
-166,053
| -12% | -$37.7M |
|
203
DTE Energy
DTE
$31.1B
| $227M | 0.12% |
2,006,852
+123,013
| +7% | +$13.6M |
|
204
Scotiabank
BNS
$106B
| $226M | 0.12% |
3,986,151
+11,494
| +0.3% | +$617K |
|
|
ZEN
205
DELISTED
ZENDESK INC
ZEN
| $226M | 0.12% |
3,099,527
+245,749
| +9% | +$20.2M |
|
206
EOG Resources
EOG
$77.9B
| $224M | 0.12% |
3,021,394
+2,454
| +0.1% | +$199K |
|
207
Bank of Montreal
BMO
$125B
| $223M | 0.12% |
3,023,670
+46,424
| +2% | +$3.38M |
|
208
Cencora
COR
$59.9B
| $222M | 0.12% |
2,693,206
-973,531
| -27% | -$83.7M |
|
209
Franklin Investment Grade Corporate ETF
FLCO
$576M
| $221M | 0.12% |
8,645,378
+4,004,325
| +86% | +$102M |
|
210
FirstEnergy
FE
$28.8B
| $221M | 0.12% |
4,589,267
-10,773
| -0.2% | -$488K |
|
211
Alliant Energy
LNT
$19.3B
| $220M | 0.12% |
4,072,424
+48,185
| +1% | +$2.47M |
|
212
Plains All American Pipeline
PAA
$17.5B
| $219M | 0.12% |
10,536,180
-294,700
| -3% | -$6.66M |
|
213
TSMC
TSM
$2.11T
| $216M | 0.12% |
4,655,933
+66,893
| +1% | +$2.85M |
|
214
Aflac
AFL
$63.6B
| $216M | 0.12% |
4,133,944
-1,249,668
| -23% | -$66M |
|
215
Alaska Air
ALK
$5.18B
| $216M | 0.12% |
3,325,315
+5,063
| +0.2% | +$319K |
|
|
TIF
216
DELISTED
Tiffany & Co.
TIF
| $215M | 0.12% |
2,323,356
-49,768
| -2% | -$4.49M |
|
217
ASML
ASML
$682B
| $215M | 0.12% |
865,380
-629
| -0.1% | -$142K |
|
218
Tyler Technologies
TYL
$12.2B
| $214M | 0.12% |
815,539
-159,496
| -16% | -$39.1M |
|
219
Banco Bradesco
BBD
$38.4B
| $214M | 0.12% |
34,998,275
+1,079,208
| +3% | +$7.14M |
|
220
Cardinal Health
CAH
$53.3B
| $214M | 0.12% |
4,524,373
-54,697
| -1% | -$2.5M |
|
221
TAL Education Group
TAL
$5.72B
| $213M | 0.12% |
6,208,137
+883,422
| +17% | +$30.8M |
|
222
Vertex Pharmaceuticals
VRTX
$121B
| $211M | 0.11% |
1,247,868
+170,686
| +16% | +$30.2M |
|
223
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.24B
| $211M | 0.11% |
1,942,425
+39,094
| +2% | +$4.24M |
|
224
Pentair
PNR
$10.2B
| $211M | 0.11% |
5,578,062
-16,631
| -0.3% | -$618K |
|
|
GWPH
225
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $210M | 0.11% |
1,825,511
+91,066
| +5% | +$13.8M |
|
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.