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 | |
|---|---|---|---|---|---|---|
326
Knowles
KN
$3.22B
| $123M | 0.06% |
7,516,728
-2,656,711
| -26% | -$38.6M |
|
327
Planet Fitness
PLNT
$4.23B
| $123M | 0.06% |
1,554,773
-255,844
| -14% | -$17.9M |
|
328
iShares Russell 2000 ETF
IWM
$80.9B
| $121M | 0.06% |
695,289
-17,668
| -2% | -$3.14M |
|
329
Constellation Energy
CEG
$98B
| $120M | 0.06% |
1,396,640
-148,359
| -10% | -$13.3M |
|
330
Automatic Data Processing
ADP
$100B
| $120M | 0.06% |
501,266
+32,164
| +7% | +$7.9M |
|
331
SiTime
SITM
$16.6B
| $119M | 0.06% |
1,172,461
-385,452
| -25% | -$36.5M |
|
332
Martin Marietta Materials
MLM
$33.6B
| $118M | 0.06% |
348,299
-4,612
| -1% | -$1.57M |
|
333
Burlington
BURL
$22B
| $117M | 0.06% |
578,829
+322,010
| +125% | +$51.4M |
|
334
Capital One
COF
$124B
| $117M | 0.06% |
1,258,585
+1,070,819
| +570% | +$105M |
|
335
Biogen
BIIB
$29.9B
| $117M | 0.06% |
422,084
+12,842
| +3% | +$3.63M |
|
|
PTRA
336
DELISTED
Proterra Inc. Common Stock
PTRA
| $116M | 0.06% |
30,690,894
-523,157
| -2% | -$2.77M |
|
337
Arista Networks
ANET
$219B
| $115M | 0.06% |
3,805,992
-761,984
| -17% | -$23.5M |
|
338
Tractor Supply
TSCO
$16.3B
| $115M | 0.06% |
2,546,500
-392,465
| -13% | -$16.7M |
|
339
GitLab
GTLB
$5.28B
| $114M | 0.06% |
2,506,150
+361,645
| +17% | +$16.3M |
|
340
Green Plains
GPRE
$1.19B
| $114M | 0.06% |
3,726,347
-192,698
| -5% | -$5.94M |
|
341
Prologis
PLD
$138B
| $112M | 0.06% |
991,060
-9,380
| -0.9% | -$1.04M |
|
342
Bausch Health
BHC
$1.65B
| $111M | 0.06% |
17,684,065
-909,664
| -5% | -$6.35M |
|
343
Herc Holdings
HRI
$5.43B
| $111M | 0.06% |
842,765
-325,764
| -28% | -$40M |
|
|
DHR.PRB
344
DELISTED
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
| $110M | 0.06% |
81,285
+40
| +0% | +$54.1K |
|
345
Essential Utilities
WTRG
$11.2B
| $110M | 0.06% |
2,302,522
+52,391
| +2% | +$2.37M |
|
|
KKR.PRC
346
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
| $109M | 0.06% |
1,904,212
-1,459,750
| -43% | -$88M |
|
347
Pinnacle West Capital
PNW
$12.9B
| $109M | 0.06% |
1,428,914
+19,420
| +1% | +$1.39M |
|
348
Bread Financial
BFH
$4.21B
| $108M | 0.06% |
2,871,884
-1,938,731
| -40% | -$70M |
|
349
Vistra
VST
$55.1B
| $108M | 0.06% |
4,651,541
-447,827
| -9% | -$10.4M |
|
350
Fortis
FTS
$30B
| $108M | 0.06% |
2,694,559
-999,974
| -27% | -$39.2M |
|
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.