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 |
FITB
Fifth Third Bancorp
FITB
|
+$293M |
| 2 |
Pfizer
PFE
|
+$290M |
| 3 |
Goldman Sachs
GS
|
+$282M |
| 4 |
NextEra Energy
NEE
|
+$230M |
| 5 |
General Motors
GM
|
+$225M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AbbVie
ABBV
|
+$418M |
| 2 |
SIVB
SVB Financial Group
SIVB
|
+$345M |
| 3 |
NEE.PRP
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
|
+$334M |
| 4 |
Broadcom
AVGO
|
+$322M |
| 5 |
Western Digital
WDC
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.74% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 10.76% |
| 4 | Industrials | 9.41% |
| 5 | Consumer Discretionary | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
iShares Core MSCI Emerging Markets ETF
IEMG
$149B
| $212M | 0.11% |
4,348,307
+611,543
| +16% | +$30M |
|
227
Quanta Services
PWR
$93.9B
| $211M | 0.11% |
1,268,407
+72,866
| +6% | +$11.2M |
|
228
iShares Short-Term National Muni Bond ETF
SUB
$11.3B
| $209M | 0.11% |
2,000,878
+248,729
| +14% | +$26M |
|
|
VRN
229
DELISTED
Veren
VRN
| $209M | 0.1% |
29,570,790
+8,022,676
| +37% | +$55.6M |
|
230
Coca-Cola
KO
$354B
| $207M | 0.1% |
3,339,997
+16,726
| +0.5% | +$1.01M |
|
231
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $205M | 0.1% |
499,580
-15,772
| -3% | -$6.29M |
|
232
Ametek
AME
$55.5B
| $204M | 0.1% |
1,403,313
+65,519
| +5% | +$9.31M |
|
233
Gen Digital
GEN
$15.6B
| $204M | 0.1% |
11,863,553
+4,394,608
| +59% | +$88.2M |
|
234
Uber
UBER
$134B
| $201M | 0.1% |
6,340,833
+373,322
| +6% | +$11.8M |
|
235
Check Point Software Technologies
CHKP
$13.3B
| $199M | 0.1% |
1,531,095
+66,577
| +5% | +$8.47M |
|
236
Corteva
CTVA
$59.7B
| $197M | 0.1% |
3,262,841
-239,621
| -7% | -$14.6M |
|
237
Wabtec
WAB
$51.1B
| $196M | 0.1% |
1,934,887
-2,929,004
| -60% | -$299M |
|
238
Cloudflare
NET
$93B
| $194M | 0.1% |
3,147,439
-187,695
| -6% | -$10.3M |
|
239
Intel
INTC
$464B
| $193M | 0.1% |
5,912,348
-991,311
| -14% | -$28.1M |
|
240
Nice
NICE
$5.29B
| $192M | 0.1% |
838,939
-21,775
| -3% | -$4.57M |
|
241
Integer Holdings
ITGR
$3.35B
| $191M | 0.1% |
2,460,252
-101,418
| -4% | -$7.43M |
|
242
Agnico Eagle Mines
AEM
$72.6B
| $190M | 0.1% |
3,729,740
-50,289
| -1% | -$2.58M |
|
243
Moody's
MCO
$82.4B
| $190M | 0.1% |
619,268
-8,828
| -1% | -$2.67M |
|
244
Canadian National Railway
CNI
$78.5B
| $189M | 0.09% |
1,603,514
-21,343
| -1% | -$2.52M |
|
245
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $189M | 0.09% |
3,725,507
+685,193
| +23% | +$34.4M |
|
246
Jazz Pharmaceuticals
JAZZ
$15.9B
| $189M | 0.09% |
1,288,266
+12,588
| +1% | +$1.86M |
|
247
Alcoa
AA
$11.7B
| $188M | 0.09% |
4,416,699
+455,750
| +12% | +$22M |
|
248
American Water Works
AWK
$26.3B
| $184M | 0.09% |
1,258,836
+12,107
| +1% | +$1.79M |
|
249
Franklin International Aggregate Bond ETF
FLIA
$765M
| $183M | 0.09% |
9,300,079
+186,900
| +2% | +$3.65M |
|
250
Donaldson
DCI
$10.8B
| $182M | 0.09% |
2,790,591
+6,403
| +0.2% | +$402K |
|
Similar funds
Franklin Resources's Q1 2023 Portfolio in Review
As of Q1 2023, Franklin Resources held 2,440 positions worth $199B, up 3.6% from $192B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Franklin Resources withdrew a net $6.73B in Q1 2023, closing 130 positions and reducing 1,046 holdings. Its most notable exit was SVB Financial Group, an estimated $345M position sold in full.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Franklin Responsibly Sourced Gold ETF worth $55M.
- Franklin Resources's largest Q1 2023 buy was Franklin Responsibly Sourced Gold ETF: 2,085,000 shares worth $55M.
- Franklin Resources added most to Fifth Third Bancorp in Q1 2023, an estimated $293M increase.
- Franklin Resources's biggest Q1 2023 reduction was AbbVie, cutting an estimated $418M.
- Franklin Resources fully exited SVB Financial Group in Q1 2023, selling an estimated $345M.
- Franklin Resources's ten largest holdings make up 16% of its $199B portfolio in Q1 2023.
- Franklin Resources opened 112 new positions and closed 130 in Q1 2023.
- Franklin Resources's portfolio value rose 3.6% quarter-over-quarter to $199B.
Based on Franklin Resources's 13F filing for Q1 2023, filed 12 May 2023.