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 | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $3.73B | 2.02% |
26,846,712
-244,791
| -0.9% | -$33.7M |
|
2
Wells Fargo
WFC
$261B
| $3.25B | 1.77% |
64,500,525
-130,430
| -0.2% | -$6.14M |
|
3
Amazon
AMZN
$2.51T
| $2.28B | 1.24% |
26,224,080
+668,160
| +3% | +$62M |
|
4
JPMorgan Chase
JPM
$930B
| $2.14B | 1.16% |
18,249,159
+104,858
| +0.6% | +$11.9M |
|
|
5
Medtronic
MDT
$105B
| $2.05B | 1.11% |
18,862,848
-4,276,466
| -18% | -$446M |
|
6
Southern Company
SO
$109B
| $1.85B | 1.01% |
29,996,692
-270,894
| -0.9% | -$15.7M |
|
7
Dominion Energy
D
$62.8B
| $1.77B | 0.96% |
21,894,377
-19,317
| -0.1% | -$1.49M |
|
8
Texas Instruments
TXN
$260B
| $1.76B | 0.96% |
13,653,975
-433,440
| -3% | -$53.4M |
|
9
Roper Technologies
ROP
$35.1B
| $1.76B | 0.96% |
4,936,514
+25,357
| +0.5% | +$9.21M |
|
10
Apple
AAPL
$4.72T
| $1.73B | 0.94% |
30,938,996
-5,317,656
| -15% | -$278M |
|
11
Merck
MRK
$322B
| $1.64B | 0.89% |
20,422,197
-469,894
| -2% | -$37.7M |
|
12
Walt Disney
DIS
$161B
| $1.63B | 0.88% |
12,495,419
-479,084
| -4% | -$66.2M |
|
13
ExxonMobil
XOM
$650B
| $1.54B | 0.83% |
21,765,482
-484,920
| -2% | -$35.1M |
|
14
Mastercard
MA
$469B
| $1.49B | 0.81% |
5,481,361
-55,270
| -1% | -$15.2M |
|
15
Johnson & Johnson
JNJ
$624B
| $1.46B | 0.79% |
11,314,723
+52,493
| +0.5% | +$6.92M |
|
16
Verizon
VZ
$183B
| $1.42B | 0.77% |
23,577,444
-2,183,316
| -8% | -$126M |
|
17
Citigroup
C
$221B
| $1.41B | 0.76% |
20,384,314
-3,957,972
| -16% | -$269M |
|
|
18
Occidental Petroleum
OXY
$57.3B
| $1.39B | 0.75% |
31,253,250
+9,767,152
| +45% | +$462M |
|
19
PepsiCo
PEP
$184B
| $1.37B | 0.74% |
9,961,617
+69,210
| +0.7% | +$9.19M |
|
20
Visa
V
$669B
| $1.35B | 0.74% |
7,874,939
+25,150
| +0.3% | +$4.48M |
|
21
CVS Health
CVS
$136B
| $1.34B | 0.73% |
21,266,983
-2,860,336
| -12% | -$169M |
|
22
Stryker
SYK
$122B
| $1.25B | 0.68% |
5,757,084
+19,113
| +0.3% | +$4.1M |
|
|
AGN
23
DELISTED
Allergan plc
AGN
| $1.24B | 0.68% |
7,396,872
+1,125,072
| +18% | +$183M |
|
24
Alibaba
BABA
$273B
| $1.19B | 0.65% |
7,133,292
-118,993
| -2% | -$20.4M |
|
25
Duke Energy
DUK
$101B
| $1.19B | 0.65% |
12,432,978
+212,257
| +2% | +$19.3M |
|
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.