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 | |
|---|---|---|---|---|---|---|
251
Vornado Realty Trust
VNO
$7.47B
| $174M | 0.1% |
7,524,064
-330,578
| -4% | -$9.22M |
|
252
KLA
KLAC
$275B
| $173M | 0.09% |
5,709,620
+25,140
| +0.4% | +$871K |
|
253
Banco Bradesco
BBD
$38.1B
| $173M | 0.09% |
46,936,580
+1,959,931
| +4% | +$6.91M |
|
254
TechnipFMC
FTI
$30.6B
| $172M | 0.09% |
20,349,223
+959,739
| +5% | +$7.56M |
|
255
LyondellBasell Industries
LYB
$19.5B
| $172M | 0.09% |
2,281,833
+105,333
| +5% | +$8.9M |
|
256
Zscaler
ZS
$23B
| $172M | 0.09% |
1,044,646
+187,584
| +22% | +$30.7M |
|
257
Agilent Technologies
A
$39.1B
| $172M | 0.09% |
1,412,633
+11,247
| +0.8% | +$1.44M |
|
258
Check Point Software Technologies
CHKP
$13.3B
| $171M | 0.09% |
1,526,098
-162,649
| -10% | -$19.7M |
|
259
Corteva
CTVA
$59.7B
| $169M | 0.09% |
2,964,951
+315,209
| +12% | +$18.4M |
|
260
iShares Floating Rate Bond ETF
FLOT
$10.1B
| $169M | 0.09% |
3,352,512
+60,668
| +2% | +$3.05M |
|
|
SIVB
261
DELISTED
SVB Financial Group
SIVB
| $167M | 0.09% |
498,686
+128,028
| +35% | +$51.5M |
|
262
Xcel Energy
XEL
$51B
| $167M | 0.09% |
2,611,889
+67,425
| +3% | +$4.91M |
|
263
Telus
TU
$16B
| $167M | 0.09% |
8,426,501
+240,303
| +3% | +$5.37M |
|
264
Ares Management
ARES
$28.5B
| $167M | 0.09% |
2,693,493
-137,045
| -5% | -$9.58M |
|
265
Vanguard S&P 500 ETF
VOO
$968B
| $167M | 0.09% |
508,084
-504,905
| -50% | -$184M |
|
266
Jazz Pharmaceuticals
JAZZ
$15.9B
| $166M | 0.09% |
1,248,560
+66,788
| +6% | +$10.2M |
|
267
Sherwin-Williams
SHW
$78.3B
| $166M | 0.09% |
809,943
-39,546
| -5% | -$9.37M |
|
|
NIMC
268
DELISTED
NiSource Inc. Series A Corporate Units
NIMC
| $166M | 0.09% |
1,647,765
-163,966
| -9% | -$18.6M |
|
269
American Water Works
AWK
$26.3B
| $165M | 0.09% |
1,270,915
+2,589
| +0.2% | +$390K |
|
|
NARI
270
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $165M | 0.09% |
2,268,976
+451,598
| +25% | +$33.6M |
|
271
Gilead Sciences
GILD
$161B
| $164M | 0.09% |
2,660,954
+123,405
| +5% | +$7.78M |
|
272
Enphase Energy
ENPH
$4.84B
| $163M | 0.09% |
588,460
+374,048
| +174% | +$101M |
|
273
Gen Digital
GEN
$15.6B
| $162M | 0.09% |
8,018,924
+86,724
| +1% | +$2.01M |
|
274
Itaú Unibanco
ITUB
$91.3B
| $161M | 0.09% |
35,357,877
+1,413,748
| +4% | +$6.03M |
|
|
PPL
275
PPL Corp
PPL
$27.3B
| $161M | 0.09% |
6,344,694
+13,073
| +0.2% | +$374K |
|
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.