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 | |
|---|---|---|---|---|---|---|
|
UNVR
326
DELISTED
Univar Solutions Inc.
UNVR
| $126M | 0.07% |
5,532,504
+42,607
| +0.8% | +$1.07M |
|
327
First Interstate BancSystem
FIBK
$3.7B
| $125M | 0.07% |
3,101,864
+1,593,460
| +106% | +$64.2M |
|
|
PCGU
328
DELISTED
PG&E Corporation
PCGU
| $124M | 0.07% |
1,085,900
+900
| +0.1% | +$98.4K |
|
329
Knowles
KN
$3.22B
| $124M | 0.07% |
10,173,439
+27,663
| +0.3% | +$443K |
|
330
Cheniere Energy
LNG
$56.5B
| $124M | 0.07% |
744,617
+16,841
| +2% | +$2.55M |
|
331
Tower Semiconductor
TSEM
$26.4B
| $123M | 0.07% |
2,805,056
+1,120,956
| +67% | +$51.6M |
|
332
Freeport-McMoran
FCX
$90B
| $123M | 0.07% |
4,497,957
+1,406,685
| +46% | +$41.2M |
|
333
SiTime
SITM
$16.6B
| $123M | 0.07% |
1,557,913
+79,613
| +5% | +$10.3M |
|
334
Herc Holdings
HRI
$5.43B
| $121M | 0.07% |
1,168,529
+319,399
| +38% | +$35.5M |
|
335
MDU Resources
MDU
$4.44B
| $121M | 0.07% |
11,593,769
-5,192
| -0% | -$57.3K |
|
|
SRCL
336
DELISTED
Stericycle Inc
SRCL
| $121M | 0.07% |
2,862,721
-103,031
| -3% | -$4.96M |
|
337
Brown-Forman Class B
BF.B
$12B
| $120M | 0.07% |
1,803,611
+152,096
| +9% | +$11.1M |
|
338
Consolidated Edison
ED
$41.6B
| $120M | 0.07% |
1,397,430
+32,643
| +2% | +$3.15M |
|
339
Ascendis Pharma A/S
ASND
$16.7B
| $119M | 0.06% |
1,154,092
+196,055
| +20% | +$18.6M |
|
340
Manulife Financial
MFC
$72.6B
| $118M | 0.06% |
7,534,615
-407,784
| -5% | -$7.15M |
|
341
iShares Russell 2000 ETF
IWM
$80.9B
| $118M | 0.06% |
712,957
-34,310
| -5% | -$6.26M |
|
|
DTP
342
DELISTED
DTE Energy Company 2019 Corporate Units
DTP
| $117M | 0.06% |
2,341,317
-3,489,739
| -60% | -$179M |
|
343
F5
FFIV
$22.1B
| $117M | 0.06% |
810,746
+252,243
| +45% | +$39.9M |
|
|
TWTR
344
DELISTED
Twitter, Inc.
TWTR
| $116M | 0.06% |
2,650,497
+2,580,483
| +3,686% | +$105M |
|
|
SUM
345
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $116M | 0.06% |
4,923,661
+871,860
| +22% | +$23.4M |
|
346
BWX Technologies
BWXT
$16B
| $115M | 0.06% |
2,290,849
-11,733
| -0.5% | -$633K |
|
347
BHP
BHP
$213B
| $115M | 0.06% |
2,298,602
-3,540
| -0.2% | -$187K |
|
348
Green Plains
GPRE
$1.19B
| $114M | 0.06% |
3,919,045
+252,916
| +7% | +$8.54M |
|
349
Martin Marietta Materials
MLM
$33.6B
| $114M | 0.06% |
352,911
-2,844
| -0.8% | -$963K |
|
350
Marvell Technology
MRVL
$174B
| $113M | 0.06% |
2,639,090
-872,751
| -25% | -$43.2M |
|
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.