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 | |
|---|---|---|---|---|---|---|
276
Advanced Micro Devices
AMD
$851B
| $163M | 0.08% |
1,665,482
+203,941
| +14% | +$16.6M |
|
277
Itaú Unibanco
ITUB
$91.3B
| $161M | 0.08% |
37,556,888
+13,484
| +0% | +$57.2K |
|
278
HDFC Bank
HDB
$119B
| $160M | 0.08% |
4,793,742
-19,122
| -0.4% | -$639K |
|
279
Berkshire Hathaway Class B
BRK.B
$1.07T
| $159M | 0.08% |
516,378
-28,749
| -5% | -$8.86M |
|
280
UFP Industries
UFPI
$4.97B
| $159M | 0.08% |
1,998,785
+108,726
| +6% | +$9.3M |
|
281
AutoZone
AZO
$48.3B
| $158M | 0.08% |
64,248
+23,866
| +59% | +$58.2M |
|
282
Equinix
EQIX
$107B
| $158M | 0.08% |
218,564
-4,946
| -2% | -$3.48M |
|
283
Scotiabank
BNS
$106B
| $155M | 0.08% |
3,086,082
-321,559
| -9% | -$16.5M |
|
284
Ulta Beauty
ULTA
$20.4B
| $155M | 0.08% |
283,514
-74,750
| -21% | -$38.4M |
|
|
PCGU
285
DELISTED
PG&E Corporation
PCGU
| $155M | 0.08% |
1,086,087
| – | – |
|
286
Aptiv
APTV
$12B
| $154M | 0.08% |
1,376,470
-33,235
| -2% | -$3.67M |
|
287
Arista Networks
ANET
$219B
| $154M | 0.08% |
3,678,624
-127,368
| -3% | -$4.38M |
|
288
Alcon
ALC
$33.1B
| $154M | 0.08% |
2,168,976
-71,841
| -3% | -$5.11M |
|
289
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $154M | 0.08% |
3,077,235
+64,400
| +2% | +$3.28M |
|
290
Burlington
BURL
$22B
| $154M | 0.08% |
760,083
+181,254
| +31% | +$39.6M |
|
291
Cheniere Energy
LNG
$56.5B
| $153M | 0.08% |
973,238
+88,008
| +10% | +$13.3M |
|
292
Hartford Financial Services
HIG
$38.5B
| $153M | 0.08% |
2,195,599
-182,082
| -8% | -$13.5M |
|
293
PTC
PTC
$13.7B
| $152M | 0.08% |
1,187,331
-947
| -0.1% | -$120K |
|
294
Consolidated Edison
ED
$41.6B
| $151M | 0.08% |
1,582,378
+59,107
| +4% | +$5.54M |
|
295
Crown Holdings
CCK
$12.8B
| $150M | 0.08% |
1,817,746
-6,613
| -0.4% | -$559K |
|
296
Ameren
AEE
$31.5B
| $149M | 0.07% |
1,719,196
+4,008
| +0.2% | +$343K |
|
297
Edwards Lifesciences
EW
$47.6B
| $148M | 0.07% |
1,786,908
-807,106
| -31% | -$63.4M |
|
298
Envista
NVST
$4.28B
| $147M | 0.07% |
3,589,138
+428,739
| +14% | +$16.3M |
|
299
Public Service Enterprise Group
PEG
$39.8B
| $147M | 0.07% |
2,347,619
+857
| +0% | +$51.9K |
|
300
Charles River Laboratories
CRL
$10.9B
| $147M | 0.07% |
726,187
+30,975
| +4% | +$7.02M |
|
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.