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 | |
|---|---|---|---|---|---|---|
201
Tyler Technologies
TYL
$12.2B
| $239M | 0.13% |
797,481
-18,058
| -2% | -$5.03M |
|
202
TSMC
TSM
$2.11T
| $239M | 0.13% |
4,117,402
-538,531
| -12% | -$28.6M |
|
203
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.1B
| $239M | 0.13% |
2,615,702
+481,524
| +23% | +$43.9M |
|
204
TAL Education Group
TAL
$5.72B
| $238M | 0.12% |
4,932,248
-1,275,889
| -21% | -$54.8M |
|
205
Twilio
TWLO
$29B
| $238M | 0.12% |
2,418,443
-63,418
| -3% | -$6.48M |
|
206
Halliburton
HAL
$27.8B
| $237M | 0.12% |
9,690,760
-7,784,831
| -45% | -$164M |
|
207
Eversource Energy
ES
$28.2B
| $237M | 0.12% |
2,784,168
+16,637
| +0.6% | +$1.38M |
|
208
Baker Hughes
BKR
$57.2B
| $237M | 0.12% |
9,232,521
-11,345,170
| -55% | -$258M |
|
209
Canadian Imperial Bank of Commerce
CM
$107B
| $236M | 0.12% |
5,675,942
-366,452
| -6% | -$15.5M |
|
|
XLNX
210
DELISTED
Xilinx Inc
XLNX
| $236M | 0.12% |
2,410,778
-420,324
| -15% | -$39.5M |
|
|
ZEN
211
DELISTED
ZENDESK INC
ZEN
| $233M | 0.12% |
3,038,161
-61,366
| -2% | -$4.49M |
|
212
Stanley Black & Decker
SWK
$14.2B
| $231M | 0.12% |
1,392,988
-59,700
| -4% | -$9.25M |
|
213
Banco Bradesco
BBD
$38.4B
| $230M | 0.12% |
34,237,294
-760,981
| -2% | -$4.76M |
|
214
Newell Brands
NWL
$2.15B
| $228M | 0.12% |
11,850,012
-1,436,434
| -11% | -$27.7M |
|
215
Alaska Air
ALK
$5.19B
| $225M | 0.12% |
3,318,877
-6,438
| -0.2% | -$440K |
|
216
Enbridge
ENB
$124B
| $223M | 0.12% |
5,602,615
-329,985
| -6% | -$12.3M |
|
|
MRO
217
DELISTED
Marathon Oil Corporation
MRO
| $222M | 0.12% |
16,373,724
-425,369
| -3% | -$5.18M |
|
218
Alliant Energy
LNT
$19.3B
| $222M | 0.12% |
4,048,616
-23,808
| -0.6% | -$1.26M |
|
219
Illinois Tool Works
ITW
$81.2B
| $218M | 0.11% |
1,216,361
+28,065
| +2% | +$4.76M |
|
220
W.W. Grainger
GWW
$65.1B
| $218M | 0.11% |
645,178
+819
| +0.1% | +$260K |
|
221
Aflac
AFL
$63.7B
| $218M | 0.11% |
4,117,285
-16,659
| -0.4% | -$884K |
|
222
FirstEnergy
FE
$28.8B
| $217M | 0.11% |
4,463,692
-125,575
| -3% | -$6M |
|
223
Bank of Montreal
BMO
$125B
| $217M | 0.11% |
2,797,059
-226,611
| -7% | -$17.1M |
|
224
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.24B
| $216M | 0.11% |
1,972,474
+30,049
| +2% | +$3.26M |
|
225
Scotiabank
BNS
$106B
| $215M | 0.11% |
3,809,599
-176,552
| -4% | -$10M |
|
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.