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 |
Chevron
CVX
|
+$864M |
| 2 |
JPMorgan Chase
JPM
|
+$721M |
| 3 |
PepsiCo
PEP
|
+$637M |
| 4 |
ExxonMobil
XOM
|
+$604M |
| 5 |
American Electric Power
AEP
|
+$596M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$396M |
| 2 |
Wells Fargo
WFC
|
+$374M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$322M |
| 4 |
Alibaba
BABA
|
+$306M |
| 5 |
Oracle
ORCL
|
+$305M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.33% |
| 2 | Healthcare | 15.31% |
| 3 | Financials | 10.49% |
| 4 | Consumer Discretionary | 9.14% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $5.57B | 2.7% |
26,501,210
-17,118
| -0.1% | -$3.6M |
|
2
Amazon
AMZN
$2.51T
| $4.65B | 2.25% |
29,563,000
+1,532,240
| +5% | +$242M |
|
3
Apple
AAPL
$4.72T
| $3.24B | 1.57% |
27,946,599
-2,282,261
| -8% | -$249M |
|
|
4
JPMorgan Chase
JPM
$930B
| $2.56B | 1.24% |
26,633,094
+7,340,953
| +38% | +$721M |
|
5
Verizon
VZ
$183B
| $2.19B | 1.06% |
36,850,783
+2,413,630
| +7% | +$140M |
|
6
Merck
MRK
$322B
| $2.09B | 1.01% |
26,456,925
+2,055,257
| +8% | +$161M |
|
7
Johnson & Johnson
JNJ
$624B
| $2.07B | 1% |
13,920,223
+1,577,662
| +13% | +$233M |
|
|
8
PepsiCo
PEP
$184B
| $2.02B | 0.98% |
14,587,444
+4,685,515
| +47% | +$637M |
|
9
Visa
V
$669B
| $1.97B | 0.95% |
9,826,922
+447,407
| +5% | +$89.4M |
|
10
Medtronic
MDT
$105B
| $1.95B | 0.94% |
18,758,770
+46,728
| +0.2% | +$4.69M |
|
11
Procter & Gamble
PG
$342B
| $1.89B | 0.91% |
13,578,963
+535,792
| +4% | +$71.1M |
|
12
Honeywell
HON
$78B
| $1.87B | 0.91% |
12,059,593
+1,738,096
| +17% | +$258M |
|
|
13
Alibaba
BABA
$273B
| $1.86B | 0.9% |
6,324,941
-1,160,124
| -15% | -$306M |
|
14
Mastercard
MA
$469B
| $1.86B | 0.9% |
5,489,531
+26,251
| +0.5% | +$8.54M |
|
15
Walt Disney
DIS
$161B
| $1.81B | 0.88% |
14,619,905
-9,827
| -0.1% | -$1.23M |
|
16
Texas Instruments
TXN
$259B
| $1.74B | 0.84% |
12,176,687
-1,420,990
| -10% | -$193M |
|
|
17
Chevron
CVX
$387B
| $1.73B | 0.84% |
24,073,582
+10,277,869
| +75% | +$864M |
|
18
United Parcel Service
UPS
$97B
| $1.71B | 0.83% |
10,236,898
-359,491
| -3% | -$52.3M |
|
19
ServiceNow
NOW
$94.8B
| $1.69B | 0.82% |
17,465,160
+48,215
| +0.3% | +$4.31M |
|
20
Dominion Energy
D
$62.8B
| $1.63B | 0.79% |
20,652,711
-268,372
| -1% | -$21.1M |
|
21
Roper Technologies
ROP
$35.8B
| $1.61B | 0.78% |
4,073,140
-377,753
| -8% | -$157M |
|
22
Franklin US Core Bond ETF
FLCB
$3.01B
| $1.58B | 0.77% |
60,357,394
+424,708
| +0.7% | +$11.2M |
|
23
Comcast
CMCSA
$78.3B
| $1.55B | 0.75% |
33,505,314
-4,763,555
| -12% | -$207M |
|
24
Southern Company
SO
$109B
| $1.51B | 0.73% |
27,853,710
+1,191,224
| +4% | +$63.7M |
|
25
Duke Energy
DUK
$101B
| $1.5B | 0.73% |
16,967,263
+5,900,201
| +53% | +$486M |
|
Similar funds
Franklin Resources's Q3 2020 Portfolio in Review
As of Q3 2020, Franklin Resources held 1,922 positions worth $207B, up 6.4% from $194B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Franklin Resources's Q3 2020 filing shows 241 new, 817 increased, 586 reduced and 63 closed positions. Its largest new stake was NextEra Energy, Inc. 6.219% Corporate Units: 6,330,200 shares worth $302M. The largest sale was Pfizer, an estimated $396M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q3 2020 buy was NextEra Energy, Inc. 6.219% Corporate Units: 6,330,200 shares worth $302M.
- Franklin Resources added most to Chevron in Q3 2020, an estimated $864M increase.
- Franklin Resources's biggest Q3 2020 reduction was Pfizer, cutting an estimated $396M.
- Franklin Resources fully exited Signature Bank in Q3 2020, selling an estimated $72.1M.
- Franklin Resources's ten largest holdings make up 14% of its $207B portfolio in Q3 2020.
- Franklin Resources opened 241 new positions and closed 63 in Q3 2020.
- Franklin Resources's portfolio value rose 6.4% quarter-over-quarter to $207B.
Based on Franklin Resources's 13F filing for Q3 2020, filed 12 Nov 2020.