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 | |
|---|---|---|---|---|---|---|
326
Keysight
KEYS
$54.5B
| $124M | 0.06% |
766,289
-853,562
| -53% | -$145M |
|
327
TechnipFMC
FTI
$30.6B
| $123M | 0.06% |
9,034,050
+333,563
| +4% | +$4.52M |
|
328
Martin Marietta Materials
MLM
$33.6B
| $123M | 0.06% |
346,490
-1,809
| -0.5% | -$635K |
|
329
Open Text
OTEX
$5.43B
| $123M | 0.06% |
3,182,208
-25,376
| -0.8% | -$877K |
|
330
Pinterest
PINS
$12.4B
| $122M | 0.06% |
4,459,692
+3,074,532
| +222% | +$79.7M |
|
331
iShares Russell 2000 ETF
IWM
$80.9B
| $121M | 0.06% |
678,580
-16,709
| -2% | -$3.08M |
|
332
Tractor Supply
TSCO
$16.3B
| $120M | 0.06% |
2,562,750
+16,250
| +0.6% | +$740K |
|
|
DQ
333
Daqo New Energy
DQ
$790M
| $120M | 0.06% |
2,556,833
-132,217
| -5% | -$6.08M |
|
334
Equifax
EFX
$20.3B
| $120M | 0.06% |
589,558
-147,947
| -20% | -$30.8M |
|
335
Columbia Banking Systems
COLB
$8.81B
| $119M | 0.06% |
5,538,457
+832,968
| +18% | +$23.1M |
|
336
Planet Fitness
PLNT
$4.23B
| $118M | 0.06% |
1,524,666
-30,107
| -2% | -$2.4M |
|
337
Biogen
BIIB
$29.9B
| $118M | 0.06% |
425,686
+3,602
| +0.9% | +$997K |
|
|
KKR.PRC
338
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
| $118M | 0.06% |
1,860,712
-43,500
| -2% | -$2.82M |
|
339
Haemonetics
HAE
$3.58B
| $117M | 0.06% |
1,415,495
+63,787
| +5% | +$5.16M |
|
340
Knowles
KN
$3.22B
| $116M | 0.06% |
6,833,876
-682,852
| -9% | -$11.9M |
|
341
GitLab
GTLB
$5.28B
| $116M | 0.06% |
3,375,281
+869,131
| +35% | +$38.2M |
|
342
Prologis
PLD
$138B
| $115M | 0.06% |
921,300
-69,760
| -7% | -$8.57M |
|
|
ARNC
343
DELISTED
Arconic Corporation
ARNC
| $114M | 0.06% |
4,327,931
+3,113,021
| +256% | +$76.5M |
|
344
Ingersoll Rand
IR
$33B
| $113M | 0.06% |
1,947,967
-99
| -0% | -$5.58K |
|
345
Fortis
FTS
$30B
| $113M | 0.06% |
2,662,827
-31,732
| -1% | -$1.3M |
|
346
Xylem
XYL
$28.5B
| $112M | 0.06% |
1,066,490
+115,299
| +12% | +$12M |
|
347
Constellation Energy
CEG
$98B
| $110M | 0.06% |
1,398,694
+2,054
| +0.1% | +$166K |
|
348
WEC Energy
WEC
$37.7B
| $110M | 0.06% |
1,157,840
+32,447
| +3% | +$3M |
|
349
F5
FFIV
$22.1B
| $110M | 0.06% |
752,903
+43,226
| +6% | +$6.24M |
|
|
WCN
350
Waste Connections
WCN
$42.8B
| $109M | 0.05% |
785,611
+189,004
| +32% | +$25.2M |
|
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.