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 |
JPMorgan Chase
JPM
|
+$414M |
| 2 |
Atlassian
TEAM
|
+$401M |
| 3 |
Citigroup
C
|
+$305M |
| 4 |
Union Pacific
UNP
|
+$304M |
| 5 |
SIVB
SVB Financial Group
SIVB
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$449M |
| 2 |
Merck
MRK
|
+$436M |
| 3 |
IBM
IBM
|
+$406M |
| 4 |
MetLife
MET
|
+$368M |
| 5 |
Air Products & Chemicals
APD
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 16.37% |
| 3 | Financials | 11.35% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
3M
MMM
$89B
| $203M | 0.11% |
2,025,847
+46,062
| +2% | +$4.7M |
|
|
227
Bristol-Myers Squibb
BMY
$127B
| $199M | 0.1% |
2,763,475
-5,957,437
| -68% | -$449M |
|
228
Hyatt Hotels
H
$17.6B
| $198M | 0.1% |
2,187,232
-128,478
| -6% | -$11.8M |
|
229
LyondellBasell Industries
LYB
$19.5B
| $197M | 0.1% |
2,378,464
+96,631
| +4% | +$7.92M |
|
230
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $197M | 0.1% |
515,352
+2,270
| +0.4% | +$872K |
|
231
Agnico Eagle Mines
AEM
$72.6B
| $196M | 0.1% |
3,780,029
-1,063,181
| -22% | -$50.2M |
|
232
Edwards Lifesciences
EW
$47.6B
| $194M | 0.1% |
2,594,014
-1,104,141
| -30% | -$85.1M |
|
233
Canadian National Railway
CNI
$78.5B
| $193M | 0.1% |
1,624,857
-493,697
| -23% | -$59M |
|
234
Palo Alto Networks
PANW
$264B
| $192M | 0.1% |
2,754,564
-311,942
| -10% | -$25M |
|
|
AXON
235
Axon Enterprise
AXON
$40.5B
| $190M | 0.1% |
1,147,993
+390,323
| +52% | +$61.7M |
|
236
KBR
KBR
$4.68B
| $190M | 0.1% |
3,600,489
-29,170
| -0.8% | -$1.45M |
|
237
American Water Works
AWK
$26.3B
| $190M | 0.1% |
1,246,729
-24,186
| -2% | -$3.49M |
|
|
B
238
Barrick Mining
B
$62.2B
| $189M | 0.1% |
10,998,688
+5,405,526
| +97% | +$86M |
|
239
American Tower
AMT
$77.7B
| $188M | 0.1% |
888,438
-11,207
| -1% | -$2.33M |
|
240
Eversource Energy
ES
$28.2B
| $187M | 0.1% |
2,235,032
-178,151
| -7% | -$14.1M |
|
241
Ametek
AME
$55.5B
| $187M | 0.1% |
1,337,794
+129,476
| +11% | +$17.2M |
|
242
CenterPoint Energy
CNP
$29.1B
| $185M | 0.1% |
6,182,702
-243,132
| -4% | -$7.07M |
|
243
Xcel Energy
XEL
$51B
| $185M | 0.1% |
2,638,322
+26,433
| +1% | +$1.76M |
|
244
Check Point Software Technologies
CHKP
$13.3B
| $185M | 0.1% |
1,464,518
-61,580
| -4% | -$7.68M |
|
|
PPL
245
PPL Corp
PPL
$27.3B
| $185M | 0.1% |
6,319,178
-25,516
| -0.4% | -$702K |
|
246
ACI Worldwide
ACIW
$5.72B
| $183M | 0.1% |
7,974,554
+1,648,142
| +26% | +$35.5M |
|
247
iShares Short-Term National Muni Bond ETF
SUB
$11.3B
| $183M | 0.1% |
1,752,149
+1,748,639
| +49,819% | +$181M |
|
248
Sherwin-Williams
SHW
$78.3B
| $183M | 0.09% |
769,540
-40,403
| -5% | -$9.34M |
|
249
Intel
INTC
$464B
| $182M | 0.09% |
6,903,659
+3,920,053
| +131% | +$109M |
|
250
Ashland
ASH
$3.04B
| $182M | 0.09% |
1,688,194
-640,639
| -28% | -$67.5M |
|
Similar funds
Franklin Resources's Q4 2022 Portfolio in Review
As of Q4 2022, Franklin Resources held 2,432 positions worth $192B, up 4.8% from $184B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Franklin Resources withdrew a net $8.35B in Q4 2022, closing 103 positions and reducing 963 holdings. Its most notable exit was DTE Energy Company 2019 Corporate Units, an estimated $117M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Atlassian worth $324M.
- Franklin Resources's largest Q4 2022 buy was Atlassian: 2,518,971 shares worth $324M.
- Franklin Resources added most to JPMorgan Chase in Q4 2022, an estimated $414M increase.
- Franklin Resources's biggest Q4 2022 reduction was Bristol-Myers Squibb, cutting an estimated $449M.
- Franklin Resources fully exited DTE Energy Company 2019 Corporate Units in Q4 2022, selling an estimated $117M.
- Franklin Resources's ten largest holdings make up 15% of its $192B portfolio in Q4 2022.
- Franklin Resources opened 136 new positions and closed 103 in Q4 2022.
- Franklin Resources's portfolio value rose 4.8% quarter-over-quarter to $192B.
Based on Franklin Resources's 13F filing for Q4 2022, filed 10 Feb 2023.