Franklin Resources Inc Buys Schlumberger, Occidental Petroleum Corp, Barrick Gold Corp, Sells Red Hat Inc, Anadarko Petroleum Corp, Target Corp

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Nov 14, 2019
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San Mateo, CA, based Investment company Franklin Resources Inc (Current Portfolio) buys Schlumberger, Occidental Petroleum Corp, Barrick Gold Corp, Chesapeake Energy Corp, Gilead Sciences Inc, sells Red Hat Inc, Anadarko Petroleum Corp, Target Corp, Ford Motor Co, Liberty Global PLC during the 3-months ended 2019Q3, according to the most recent filings of the investment company, Franklin Resources Inc. As of 2019Q3, Franklin Resources Inc owns 1417 stocks with a total value of $180 billion. These are the details of the buys and sells.

For the details of FRANKLIN RESOURCES INC's stock buys and sells, go to https://www.gurufocus.com/guru/franklin+resources+inc/current-portfolio/portfolio

These are the top 5 holdings of FRANKLIN RESOURCES INC
  1. Microsoft Corp (MSFT) - 26,846,712 shares, 2.07% of the total portfolio. Shares reduced by 0.9%
  2. Wells Fargo & Co (WFC) - 64,500,525 shares, 1.81% of the total portfolio. Shares reduced by 0.2%
  3. Amazon.com Inc (AMZN) - 1,311,204 shares, 1.26% of the total portfolio. Shares added by 2.61%
  4. JPMorgan Chase & Co (JPM) - 18,249,159 shares, 1.19% of the total portfolio. Shares added by 0.58%
  5. Medtronic PLC (MDT) - 18,862,848 shares, 1.14% of the total portfolio. Shares reduced by 18.48%
New Purchase: Chesapeake Energy Corp (CHK)

Franklin Resources Inc initiated holding in Chesapeake Energy Corp. The purchase prices were between $1.29 and $2.06, with an estimated average price of $1.63. The stock is now traded at around $0.69. The impact to a portfolio due to this purchase was 0.19%. The holding were 238,004,608 shares as of .

New Purchase: Southern Co (SOLN)

Franklin Resources Inc initiated holding in Southern Co. The purchase prices were between $50.28 and $53.78, with an estimated average price of $52.27. The stock is now traded at around $52.73. The impact to a portfolio due to this purchase was 0.09%. The holding were 3,000,000 shares as of .

New Purchase: iHeartMedia Inc (IHRT)

Franklin Resources Inc initiated holding in iHeartMedia Inc. The purchase prices were between $12.87 and $17.35, with an estimated average price of $14.6. The stock is now traded at around $15.74. The impact to a portfolio due to this purchase was 0.06%. The holding were 7,649,264 shares as of .

New Purchase: TCF Financial Corp (TCF)

Franklin Resources Inc initiated holding in TCF Financial Corp. The purchase prices were between $36.1 and $43.52, with an estimated average price of $39.76. The stock is now traded at around $41.90. The impact to a portfolio due to this purchase was 0.05%. The holding were 2,327,796 shares as of .

New Purchase: Aqua America Inc (WTRU)

Franklin Resources Inc initiated holding in Aqua America Inc. The purchase prices were between $56 and $61.09, with an estimated average price of $58.48. The stock is now traded at around $58.89. The impact to a portfolio due to this purchase was 0.05%. The holding were 1,358,900 shares as of .

New Purchase: PolyOne Corp (POL)

Franklin Resources Inc initiated holding in PolyOne Corp. The purchase prices were between $29.59 and $35, with an estimated average price of $31.7. The stock is now traded at around $32.76. The impact to a portfolio due to this purchase was 0.03%. The holding were 1,424,600 shares as of .

Added: Schlumberger Ltd (SLB)

Franklin Resources Inc added to a holding in Schlumberger Ltd by 162.67%. The purchase prices were between $31.25 and $40.97, with an estimated average price of $36.53. The stock is now traded at around $34.72. The impact to a portfolio due to this purchase was 0.37%. The holding were 31,766,888 shares as of .

Added: Occidental Petroleum Corp (OXY)

Franklin Resources Inc added to a holding in Occidental Petroleum Corp by 45.46%. The purchase prices were between $42.13 and $53.17, with an estimated average price of $47.25. The stock is now traded at around $37.77. The impact to a portfolio due to this purchase was 0.24%. The holding were 31,253,250 shares as of .

Added: Barrick Gold Corp (GOLD)

Franklin Resources Inc added to a holding in Barrick Gold Corp by 471.33%. The purchase prices were between $14.99 and $19.94, with an estimated average price of $17.64. The stock is now traded at around $16.65. The impact to a portfolio due to this purchase was 0.21%. The holding were 27,176,054 shares as of .

Added: Gilead Sciences Inc (GILD)

Franklin Resources Inc added to a holding in Gilead Sciences Inc by 29.51%. The purchase prices were between $62.51 and $69, with an estimated average price of $65.4. The stock is now traded at around $63.61. The impact to a portfolio due to this purchase was 0.13%. The holding were 16,310,290 shares as of .

Added: The Kraft Heinz Co (KHC)

Franklin Resources Inc added to a holding in The Kraft Heinz Co by 61.70%. The purchase prices were between $25 and $32.53, with an estimated average price of $28.76. The stock is now traded at around $30.81. The impact to a portfolio due to this purchase was 0.12%. The holding were 20,830,599 shares as of .

Added: Laboratory Corp of America Holdings (LH)

Franklin Resources Inc added to a holding in Laboratory Corp of America Holdings by 204.02%. The purchase prices were between $159.77 and $178.1, with an estimated average price of $169.92. The stock is now traded at around $168.52. The impact to a portfolio due to this purchase was 0.1%. The holding were 1,595,787 shares as of .

Sold Out: Red Hat Inc (RHT)

Franklin Resources Inc sold out a holding in Red Hat Inc. The sale prices were between $187.7 and $188.44, with an estimated average price of $187.88.

Sold Out: Anadarko Petroleum Corp (APC)

Franklin Resources Inc sold out a holding in Anadarko Petroleum Corp. The sale prices were between $70.69 and $74.31, with an estimated average price of $72.63.

Sold Out: Array BioPharma Inc (ARRY)

Franklin Resources Inc sold out a holding in Array BioPharma Inc. The sale prices were between $46.24 and $47.85, with an estimated average price of $46.79.

Sold Out: 2U Inc (TWOU)

Franklin Resources Inc sold out a holding in 2U Inc. The sale prices were between $12.8 and $40.27, with an estimated average price of $24.08.

Sold Out: Chemical Financial Corp (TCF)

Franklin Resources Inc sold out a holding in Chemical Financial Corp. The sale prices were between $40.11 and $43.43, with an estimated average price of $41.66.

Sold Out: Alkermes PLC (ALKS)

Franklin Resources Inc sold out a holding in Alkermes PLC. The sale prices were between $19.51 and $24.28, with an estimated average price of $21.77.



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