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 | |
|---|---|---|---|---|---|---|
251
CenterPoint Energy
CNP
$29.1B
| $182M | 0.09% |
6,180,129
-2,573
| -0% | -$75.2K |
|
252
KBR
KBR
$4.68B
| $181M | 0.09% |
3,288,492
-311,997
| -9% | -$16.3M |
|
253
iShares Floating Rate Bond ETF
FLOT
$10.1B
| $181M | 0.09% |
3,585,939
-658
| -0% | -$33.2K |
|
254
Insulet
PODD
$11.3B
| $180M | 0.09% |
563,632
+2,080
| +0.4% | +$617K |
|
|
PPL
255
PPL Corp
PPL
$27.3B
| $179M | 0.09% |
6,447,598
+128,420
| +2% | +$3.64M |
|
|
CYBR
256
DELISTED
CyberArk
CYBR
| $179M | 0.09% |
1,206,293
+132,707
| +12% | +$18.5M |
|
257
Xcel Energy
XEL
$51B
| $178M | 0.09% |
2,645,248
+6,926
| +0.3% | +$467K |
|
258
BP
BP
$113B
| $177M | 0.09% |
4,668,194
-1,221,351
| -21% | -$45.6M |
|
259
NiSource
NI
$22.4B
| $177M | 0.09% |
6,321,678
+602,109
| +11% | +$16.5M |
|
260
American Tower
AMT
$77.7B
| $177M | 0.09% |
864,956
-23,482
| -3% | -$4.93M |
|
261
Canadian Natural Resources
CNQ
$96.9B
| $175M | 0.09% |
6,331,100
-125,974
| -2% | -$3.57M |
|
|
NARI
262
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $172M | 0.09% |
2,793,316
+406,718
| +17% | +$24.4M |
|
263
Sherwin-Williams
SHW
$78.3B
| $172M | 0.09% |
766,056
-3,484
| -0.5% | -$797K |
|
264
Tower Semiconductor
TSEM
$26.4B
| $172M | 0.09% |
4,047,684
+224,741
| +6% | +$9.39M |
|
265
Repligen
RGEN
$7.44B
| $171M | 0.09% |
1,017,611
-47,923
| -4% | -$8.55M |
|
266
PNC Financial Services
PNC
$100B
| $171M | 0.09% |
1,342,580
+1,080,043
| +411% | +$163M |
|
267
Hanover Insurance
THG
$7.63B
| $171M | 0.09% |
1,327,888
+28,398
| +2% | +$3.82M |
|
268
Eversource Energy
ES
$28.2B
| $170M | 0.09% |
2,174,449
-60,583
| -3% | -$4.79M |
|
269
SS&C Technologies
SSNC
$17.8B
| $168M | 0.08% |
2,981,254
+56,393
| +2% | +$3.25M |
|
270
TotalEnergies
TTE
$193B
| $167M | 0.08% |
2,831,428
-2,006,632
| -41% | -$123M |
|
271
PTC Therapeutics
PTCT
$6.37B
| $167M | 0.08% |
3,445,798
-43,889
| -1% | -$2.01M |
|
272
Enphase Energy
ENPH
$4.84B
| $166M | 0.08% |
790,086
+105,149
| +15% | +$22.8M |
|
273
Broadridge
BR
$17.2B
| $166M | 0.08% |
1,132,875
-28,447
| -2% | -$4.07M |
|
274
SiTime
SITM
$16.6B
| $166M | 0.08% |
1,167,064
-5,397
| -0.5% | -$663K |
|
275
Autodesk
ADSK
$44.3B
| $164M | 0.08% |
787,562
-2,223
| -0.3% | -$458K |
|
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.