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 |
JPMorgan Chase
JPM
|
+$332M |
| 2 |
Analog Devices
ADI
|
+$302M |
| 3 |
Pfizer
PFE
|
+$271M |
| 4 |
Halliburton
HAL
|
+$252M |
| 5 |
Voya Financial
VOYA
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$1.05B |
| 2 |
Johnson & Johnson
JNJ
|
+$767M |
| 3 |
AT&T
T
|
+$652M |
| 4 |
Exelon
EXC
|
+$612M |
| 5 |
PG&E
PCG
|
+$573M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.5% |
| 2 | Financials | 14.76% |
| 3 | Technology | 12.98% |
| 4 | Industrials | 11.05% |
| 5 | Energy | 9.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $4.8B | 2.55% |
86,943,774
-990,788
| -1% | -$51.9M |
|
|
2
JPMorgan Chase
JPM
$930B
| $2.49B | 1.32% |
42,060,882
+5,685,864
| +16% | +$332M |
|
3
Medtronic
MDT
$105B
| $2.43B | 1.29% |
32,415,877
-5,040,882
| -13% | -$380M |
|
4
Merck
MRK
$322B
| $2.43B | 1.29% |
48,033,464
-2,029,658
| -4% | -$99.4M |
|
5
Chevron
CVX
$387B
| $2.42B | 1.29% |
25,399,149
-1,106,629
| -4% | -$96.8M |
|
|
RDS.A
6
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $2.4B | 1.28% |
49,610,099
+351,050
| +0.7% | +$15.7M |
|
7
PepsiCo
PEP
$184B
| $2.12B | 1.13% |
20,702,897
-1,463,333
| -7% | -$145M |
|
8
Eli Lilly
LLY
$1.06T
| $2B | 1.06% |
27,744,978
+961,204
| +4% | +$72.7M |
|
9
Teva Pharmaceuticals
TEVA
$36.3B
| $1.97B | 1.05% |
36,821,959
-4,140,536
| -10% | -$243M |
|
10
Cisco
CSCO
$444B
| $1.96B | 1.04% |
68,832,423
+6,635,971
| +11% | +$171M |
|
|
11
Pfizer
PFE
$143B
| $1.86B | 0.99% |
66,299,755
+9,491,383
| +17% | +$271M |
|
12
RTX Corp
RTX
$282B
| $1.81B | 0.96% |
28,724,127
+466,586
| +2% | +$27.1M |
|
13
GE Aerospace
GE
$362B
| $1.76B | 0.94% |
11,580,781
-993,428
| -8% | -$140M |
|
14
Apple
AAPL
$4.72T
| $1.54B | 0.82% |
56,682,896
+6,904,056
| +14% | +$172M |
|
15
Citigroup
C
$221B
| $1.49B | 0.79% |
35,703,059
+298,561
| +0.8% | +$12.5M |
|
16
Wells Fargo
WFC
$261B
| $1.47B | 0.78% |
30,315,347
+5,111,581
| +20% | +$250M |
|
17
Stryker
SYK
$122B
| $1.39B | 0.74% |
12,965,578
-725,364
| -5% | -$71.5M |
|
18
Target
TGT
$61.1B
| $1.38B | 0.74% |
16,827,398
-4,179,422
| -20% | -$316M |
|
19
Amgen
AMGN
$201B
| $1.36B | 0.72% |
9,091,245
-575,006
| -6% | -$85.4M |
|
20
American International
AIG
$41.4B
| $1.36B | 0.72% |
25,111,520
-1,389,001
| -5% | -$75M |
|
21
Gilead Sciences
GILD
$162B
| $1.31B | 0.7% |
14,291,028
-141,322
| -1% | -$12.7M |
|
|
AGN
22
DELISTED
Allergan plc
AGN
| $1.3B | 0.69% |
4,840,650
-332,350
| -6% | -$95.1M |
|
23
General Motors
GM
$73B
| $1.25B | 0.66% |
39,745,374
+4,458,256
| +13% | +$134M |
|
24
CVS Health
CVS
$136B
| $1.25B | 0.66% |
12,032,870
-833,584
| -6% | -$81.1M |
|
|
WBA
25
DELISTED
Walgreens Boots Alliance
WBA
| $1.23B | 0.65% |
14,603,991
-111,217
| -0.8% | -$8.88M |
|
Similar funds
Franklin Resources's Q1 2016 Portfolio in Review
As of Q1 2016, Franklin Resources held 1,610 positions worth $188B, down 4.6% from $198B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Franklin Resources withdrew a net $11.3B in Q1 2016, closing 106 positions and reducing 620 holdings. Its most notable exit was Broadcom, an estimated $269M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, down from 18% a quarter earlier, followed by Financials and Technology.
Against the trend, Franklin Resources opened a new position in CLECO CRP (HOLDING CO) worth $38.8M.
- Franklin Resources's largest Q1 2016 buy was CLECO CRP (HOLDING CO): 702,000 shares worth $38.8M.
- Franklin Resources added most to JPMorgan Chase in Q1 2016, an estimated $332M increase.
- Franklin Resources's biggest Q1 2016 reduction was ExxonMobil, cutting an estimated $1.05B.
- Franklin Resources fully exited Broadcom in Q1 2016, selling an estimated $269M.
- Franklin Resources's ten largest holdings make up 13% of its $188B portfolio in Q1 2016.
- Franklin Resources opened 46 new positions and closed 106 in Q1 2016.
- Franklin Resources's portfolio value fell 4.6% quarter-over-quarter to $188B.
Based on Franklin Resources's 13F filing for Q1 2016, filed 10 May 2016.