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 |
Franklin US Equity Index ETF
USPX
|
+$460M |
| 2 |
Meta Platforms (Facebook)
META
|
+$332M |
| 3 |
Broadcom
AVGO
|
+$319M |
| 4 |
Bank of America
BAC
|
+$273M |
| 5 |
Wells Fargo
WFC
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$915M |
| 2 |
SOLN
The Southern Company
SOLN
|
+$479M |
| 3 |
Atlassian
TEAM
|
+$468M |
| 4 |
Medtronic
MDT
|
+$459M |
| 5 |
Intel
INTC
|
+$438M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.25% |
| 2 | Healthcare | 16.95% |
| 3 | Financials | 10.6% |
| 4 | Industrials | 9.58% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Pentair
PNR
$10.2B
| $192M | 0.1% |
4,721,538
-119,226
| -2% | -$5.53M |
|
227
Inspire Medical Systems
INSP
$1.42B
| $191M | 0.1% |
1,075,238
-22,610
| -2% | -$4.54M |
|
228
Cloudflare
NET
$93B
| $190M | 0.1% |
3,433,898
+441,985
| +15% | +$26.2M |
|
|
AEPPZ
229
DELISTED
American Electric Power Company, Inc. Corporate Units
AEPPZ
| $190M | 0.1% |
3,828,646
+3,343
| +0.1% | +$183K |
|
|
PARA
230
DELISTED
Paramount Global Class B
PARA
| $190M | 0.1% |
9,953,366
+992,693
| +11% | +$23.8M |
|
231
International Paper
IP
$22.3B
| $189M | 0.1% |
5,967,288
-916,713
| -13% | -$37.5M |
|
232
PG&E
PCG
$47.8B
| $189M | 0.1% |
15,092,137
+4,363
| +0% | +$51.1K |
|
233
Eversource Energy
ES
$28.2B
| $188M | 0.1% |
2,413,183
+50,139
| +2% | +$4.42M |
|
234
Hyatt Hotels
H
$17.6B
| $187M | 0.1% |
2,315,710
-4,694
| -0.2% | -$399K |
|
235
Zebra Technologies
ZBRA
$12.4B
| $187M | 0.1% |
712,771
+185,768
| +35% | +$57.5M |
|
|
CYBR
236
DELISTED
CyberArk
CYBR
| $187M | 0.1% |
1,244,400
-118,198
| -9% | -$16.9M |
|
237
McGrath RentCorp
MGRC
$2.94B
| $186M | 0.1% |
2,212,114
+18,031
| +0.8% | +$1.5M |
|
238
WillScot Mobile Mini Holdings
WSC
$4.8B
| $183M | 0.1% |
4,544,277
-868,627
| -16% | -$33.9M |
|
239
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $183M | 0.1% |
513,082
-1,430
| -0.3% | -$568K |
|
|
KKR.PRC
240
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
| $183M | 0.1% |
3,363,962
-449,858
| -12% | -$28.5M |
|
241
Rockwell Automation
ROK
$51.4B
| $183M | 0.1% |
850,880
+98,410
| +13% | +$22.9M |
|
242
3M
MMM
$89B
| $183M | 0.1% |
1,979,785
+140,394
| +8% | +$15.4M |
|
243
Integer Holdings
ITGR
$3.35B
| $183M | 0.1% |
2,937,045
+214,424
| +8% | +$14.4M |
|
244
CenterPoint Energy
CNP
$29.1B
| $181M | 0.1% |
6,425,834
+8,050
| +0.1% | +$251K |
|
245
Canadian Natural Resources
CNQ
$96.9B
| $180M | 0.1% |
7,730,540
-711,929
| -8% | -$18.4M |
|
246
Steris
STE
$20.9B
| $179M | 0.1% |
1,079,464
-5,129
| -0.5% | -$1.04M |
|
247
Franklin International Aggregate Bond ETF
FLIA
$765M
| $179M | 0.1% |
7,995,797
+381,391
| +5% | +$8.77M |
|
248
Enbridge
ENB
$124B
| $179M | 0.1% |
4,832,903
-54,867
| -1% | -$2.31M |
|
249
nVent Electric
NVT
$24.5B
| $177M | 0.1% |
5,590,045
-59,363
| -1% | -$1.98M |
|
250
Scotiabank
BNS
$106B
| $174M | 0.1% |
3,669,814
-95,533
| -3% | -$5.46M |
|
Similar funds
Franklin Resources's Q3 2022 Portfolio in Review
As of Q3 2022, Franklin Resources held 2,460 positions worth $184B, down 9% from $202B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Franklin Resources withdrew a net $10.7B in Q3 2022, closing 156 positions and reducing 833 holdings. Its most notable exit was The Southern Company, an estimated $479M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Aerojet Rocketdyne Holdings worth $82.2M.
- Franklin Resources's largest Q3 2022 buy was Aerojet Rocketdyne Holdings: 2,054,861 shares worth $82.2M.
- Franklin Resources added most to Franklin US Equity Index ETF in Q3 2022, an estimated $460M increase.
- Franklin Resources's biggest Q3 2022 reduction was JPMorgan Chase, cutting an estimated $915M.
- Franklin Resources fully exited The Southern Company in Q3 2022, selling an estimated $479M.
- Franklin Resources's ten largest holdings make up 15% of its $184B portfolio in Q3 2022.
- Franklin Resources opened 97 new positions and closed 156 in Q3 2022.
- Franklin Resources's portfolio value fell 9% quarter-over-quarter to $184B.
Based on Franklin Resources's 13F filing for Q3 2022, filed 14 Nov 2022.