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 |
Occidental Petroleum
OXY
|
+$634M |
| 2 |
CVS Health
CVS
|
+$597M |
| 3 |
3M
MMM
|
+$504M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$443M |
| 5 |
Kraft Heinz
KHC
|
+$397M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sempra
SRE
|
+$667M |
| 2 |
Merck
MRK
|
+$510M |
| 3 |
DuPont de Nemours
DD
|
+$487M |
| 4 |
UBS Group
UBS
|
+$482M |
| 5 |
Cummins
CMI
|
+$467M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.15% |
| 2 | Technology | 15.86% |
| 3 | Financials | 14.28% |
| 4 | Industrials | 9.17% |
| 5 | Communication Services | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $3.63B | 1.93% |
27,091,503
-617,984
| -2% | -$78.5M |
|
2
Wells Fargo
WFC
$261B
| $3.06B | 1.63% |
64,630,955
-1,063,593
| -2% | -$49.7M |
|
3
Amazon
AMZN
$2.51T
| $2.42B | 1.29% |
25,555,920
+627,960
| +3% | +$58.5M |
|
4
Medtronic
MDT
$105B
| $2.25B | 1.2% |
23,139,314
-565,116
| -2% | -$51.6M |
|
5
JPMorgan Chase
JPM
$930B
| $2.03B | 1.08% |
18,144,301
-417,800
| -2% | -$46.1M |
|
6
Walt Disney
DIS
$161B
| $1.81B | 0.96% |
12,974,503
-202,333
| -2% | -$26.8M |
|
7
Roper Technologies
ROP
$35.1B
| $1.8B | 0.96% |
4,911,157
+109,830
| +2% | +$39M |
|
8
Apple
AAPL
$4.72T
| $1.79B | 0.95% |
36,256,652
-9,380,872
| -21% | -$457M |
|
9
ExxonMobil
XOM
$650B
| $1.71B | 0.91% |
22,250,402
-239,936
| -1% | -$18.6M |
|
10
Citigroup
C
$221B
| $1.7B | 0.91% |
24,342,286
-831,553
| -3% | -$55.6M |
|
11
Dominion Energy
D
$62.8B
| $1.69B | 0.9% |
21,913,694
-406,890
| -2% | -$31M |
|
12
Southern Company
SO
$109B
| $1.67B | 0.89% |
30,267,586
-2,868,042
| -9% | -$154M |
|
|
13
Merck
MRK
$322B
| $1.67B | 0.89% |
20,892,091
-6,657,035
| -24% | -$510M |
|
14
Texas Instruments
TXN
$260B
| $1.62B | 0.86% |
14,087,415
+243,105
| +2% | +$27.2M |
|
15
Johnson & Johnson
JNJ
$624B
| $1.57B | 0.83% |
11,262,230
+886,622
| +9% | +$123M |
|
16
Verizon
VZ
$183B
| $1.47B | 0.78% |
25,760,760
+5,084,419
| +25% | +$293M |
|
17
Mastercard
MA
$469B
| $1.46B | 0.78% |
5,536,631
-93,718
| -2% | -$23.5M |
|
18
Visa
V
$669B
| $1.36B | 0.72% |
7,849,789
-30,823
| -0.4% | -$5.05M |
|
19
Chevron
CVX
$387B
| $1.32B | 0.7% |
10,623,850
+1,916,863
| +22% | +$232M |
|
|
20
CVS Health
CVS
$136B
| $1.31B | 0.7% |
24,127,319
+11,088,417
| +85% | +$597M |
|
21
PepsiCo
PEP
$184B
| $1.3B | 0.69% |
9,892,407
-1,277,838
| -11% | -$164M |
|
22
Novartis
NVS
$297B
| $1.27B | 0.68% |
13,908,645
-1,956,561
| -12% | -$166M |
|
23
Pfizer
PFE
$143B
| $1.25B | 0.67% |
30,437,494
-870,290
| -3% | -$34.6M |
|
24
Alibaba
BABA
$273B
| $1.23B | 0.65% |
7,252,285
+206,933
| +3% | +$35.7M |
|
25
Stryker
SYK
$122B
| $1.18B | 0.63% |
5,737,971
+12,643
| +0.2% | +$2.41M |
|
Similar funds
Franklin Resources's Q2 2019 Portfolio in Review
As of Q2 2019, Franklin Resources held 1,620 positions worth $188B, up 0.7% from $187B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $5.99B in Q2 2019, closing 78 positions and reducing 611 holdings. Its most notable exit was L3Harris, an estimated $48.7M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Financials.
Against the trend, Franklin Resources opened a new position in Dow Inc worth $256M.
- Franklin Resources's largest Q2 2019 buy was Dow Inc: 5,190,536 shares worth $256M.
- Franklin Resources added most to Occidental Petroleum in Q2 2019, an estimated $634M increase.
- Franklin Resources's biggest Q2 2019 reduction was Sempra, cutting an estimated $667M.
- Franklin Resources fully exited L3Harris in Q2 2019, selling an estimated $48.7M.
- Franklin Resources's ten largest holdings make up 12% of its $188B portfolio in Q2 2019.
- Franklin Resources opened 134 new positions and closed 78 in Q2 2019.
- Franklin Resources's portfolio value rose 0.7% quarter-over-quarter to $188B.
Based on Franklin Resources's 13F filing for Q2 2019, filed 14 Aug 2019.