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 | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$2.83T
| $3.11B | 1.88% |
30,620,677
-6,300,616
| -17% | -$675M |
|
2
Wells Fargo
WFC
$261B
| $2.67B | 1.61% |
57,894,226
-133,005
| -0.2% | -$6.81M |
|
3
Medtronic
MDT
$105B
| $2.29B | 1.38% |
25,219,578
-2,833,602
| -10% | -$265M |
|
|
4
Merck
MRK
$322B
| $2.22B | 1.34% |
30,444,366
-11,798,357
| -28% | -$833M |
|
5
JPMorgan Chase
JPM
$930B
| $2.11B | 1.27% |
21,568,042
-2,195,527
| -9% | -$234M |
|
6
Amazon
AMZN
$2.51T
| $2.05B | 1.24% |
27,320,120
+2,525,260
| +10% | +$210M |
|
7
Dominion Energy
D
$62.8B
| $1.59B | 0.96% |
22,223,190
-3,574,580
| -14% | -$261M |
|
8
Apple
AAPL
$4.72T
| $1.56B | 0.94% |
39,574,752
-5,284,388
| -12% | -$256M |
|
|
9
Eli Lilly
LLY
$1.06T
| $1.52B | 0.92% |
13,136,461
-10,502,127
| -44% | -$1.17B |
|
10
Southern Company
SO
$109B
| $1.47B | 0.89% |
33,388,935
-6,245,286
| -16% | -$284M |
|
11
Walt Disney
DIS
$161B
| $1.45B | 0.88% |
13,257,623
-234,041
| -2% | -$26.6M |
|
12
Sempra
SRE
$61.1B
| $1.45B | 0.88% |
26,817,054
-2,136,400
| -7% | -$122M |
|
13
ExxonMobil
XOM
$650B
| $1.42B | 0.86% |
20,878,195
+884,400
| +4% | +$69.4M |
|
14
Roper Technologies
ROP
$35.1B
| $1.36B | 0.82% |
5,108,916
+21,176
| +0.4% | +$5.99M |
|
15
PepsiCo
PEP
$184B
| $1.35B | 0.82% |
12,227,635
-972,012
| -7% | -$110M |
|
16
Johnson & Johnson
JNJ
$624B
| $1.34B | 0.81% |
10,382,755
-177,736
| -2% | -$24.8M |
|
17
Pfizer
PFE
$143B
| $1.32B | 0.8% |
31,834,008
-7,170,544
| -18% | -$298M |
|
18
Texas Instruments
TXN
$260B
| $1.3B | 0.78% |
13,710,117
+203,669
| +2% | +$19.7M |
|
|
WBA
19
DELISTED
Walgreens Boots Alliance
WBA
| $1.29B | 0.78% |
18,912,227
+122,837
| +0.7% | +$9.53M |
|
20
Citigroup
C
$221B
| $1.24B | 0.75% |
23,911,942
+659
| +0% | +$41.7K |
|
21
Novartis
NVS
$297B
| $1.22B | 0.74% |
15,878,095
-1,023,753
| -6% | -$79.7M |
|
22
Verizon
VZ
$183B
| $1.21B | 0.73% |
21,578,116
-3,055,373
| -12% | -$173M |
|
23
Alphabet (Google) Class A
GOOGL
$3.89T
| $1.18B | 0.71% |
22,584,480
+71,080
| +0.3% | +$3.84M |
|
24
Oracle
ORCL
$346B
| $1.17B | 0.71% |
25,899,699
-3,437,285
| -12% | -$165M |
|
25
Procter & Gamble
PG
$342B
| $1.14B | 0.69% |
12,449,009
-1,437,842
| -10% | -$129M |
|
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.