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 | |
|---|---|---|---|---|---|---|
301
Public Service Enterprise Group
PEG
$39.8B
| $144M | 0.07% |
2,346,762
+1,853
| +0.1% | +$108K |
|
302
Equifax
EFX
$20.3B
| $143M | 0.07% |
737,505
+85,385
| +13% | +$15.6M |
|
303
Zscaler
ZS
$23B
| $143M | 0.07% |
1,280,307
+235,661
| +23% | +$32M |
|
304
PTC
PTC
$13.7B
| $143M | 0.07% |
1,188,278
-16,870
| -1% | -$2.02M |
|
305
NETSCOUT
NTCT
$2.86B
| $142M | 0.07% |
4,374,987
-710,260
| -14% | -$24.5M |
|
306
Columbia Banking Systems
COLB
$9.02B
| $142M | 0.07% |
4,705,489
+5,175
| +0.1% | +$164K |
|
307
Enbridge
ENB
$124B
| $140M | 0.07% |
3,586,066
-1,246,837
| -26% | -$48.8M |
|
|
CYBR
308
DELISTED
CyberArk
CYBR
| $139M | 0.07% |
1,073,586
-170,814
| -14% | -$24.7M |
|
309
Cognizant
CTSH
$21.5B
| $138M | 0.07% |
2,419,315
+124,480
| +5% | +$7.3M |
|
|
AEPPZ
310
DELISTED
American Electric Power Company, Inc. Corporate Units
AEPPZ
| $136M | 0.07% |
2,633,702
-1,194,944
| -31% | -$60.8M |
|
311
Genpact
G
$5.3B
| $134M | 0.07% |
2,897,395
-226,356
| -7% | -$10.3M |
|
312
MDU Resources
MDU
$4.44B
| $134M | 0.07% |
11,589,325
-4,444
| -0% | -$49.9K |
|
313
PTC Therapeutics
PTCT
$6.37B
| $133M | 0.07% |
3,489,687
-979,088
| -22% | -$40.7M |
|
|
HZNP
314
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $133M | 0.07% |
1,167,797
-926,609
| -44% | -$77M |
|
315
Moderna
MRNA
$21.5B
| $133M | 0.07% |
739,717
+158,183
| +27% | +$25.9M |
|
316
BWX Technologies
BWXT
$16B
| $133M | 0.07% |
2,285,713
-5,136
| -0.2% | -$295K |
|
317
Cheniere Energy
LNG
$56.5B
| $133M | 0.07% |
885,230
+140,613
| +19% | +$23.5M |
|
318
Aptiv
APTV
$12B
| $131M | 0.07% |
1,409,705
-456,097
| -24% | -$43.4M |
|
319
Brown-Forman Class B
BF.B
$12B
| $131M | 0.07% |
1,997,980
+194,369
| +11% | +$13.2M |
|
320
SouthState Bank Corp
SSB
$10.4B
| $131M | 0.07% |
1,718,170
-107,256
| -6% | -$9M |
|
321
Brinker International
EAT
$8.02B
| $130M | 0.07% |
4,069,331
+940,888
| +30% | +$29.6M |
|
322
DexCom
DXCM
$27.6B
| $128M | 0.07% |
1,133,247
+254,674
| +29% | +$28M |
|
323
Telus
TU
$16B
| $128M | 0.07% |
6,636,414
-1,790,087
| -21% | -$37M |
|
324
First Interstate BancSystem
FIBK
$3.7B
| $128M | 0.07% |
3,313,449
+211,585
| +7% | +$8.95M |
|
325
Franklin High Yield Corporate ETF
FLHY
$1.21B
| $127M | 0.07% |
5,751,956
-1,444,308
| -20% | -$31.9M |
|
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.