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 |
Union Pacific
UNP
|
+$455M |
| 2 |
Comcast
CMCSA
|
+$393M |
| 3 |
Bank of America
BAC
|
+$387M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$352M |
| 5 |
Target
TGT
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
T-Mobile US
TMUS
|
+$403M |
| 2 |
CoStar Group
CSGP
|
+$348M |
| 3 |
ExxonMobil
XOM
|
+$320M |
| 4 |
Wells Fargo
WFC
|
+$260M |
| 5 |
Microsoft
MSFT
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.87% |
| 2 | Healthcare | 15.43% |
| 3 | Financials | 10.44% |
| 4 | Industrials | 9.86% |
| 5 | Consumer Discretionary | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
iShares Russell 2000 ETF
IWM
$80.9B
| $125M | 0.06% |
666,706
-11,874
| -2% | -$2.12M |
|
327
Constellation Energy
CEG
$98B
| $124M | 0.06% |
1,349,391
-49,303
| -4% | -$4.09M |
|
328
Gartner
IT
$9.41B
| $123M | 0.06% |
351,703
+321,981
| +1,083% | +$105M |
|
|
KKR.PRC
329
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
| $123M | 0.06% |
1,859,737
-975
| -0.1% | -$61.3K |
|
330
Baker Hughes
BKR
$56.8B
| $122M | 0.06% |
3,861,211
+511,328
| +15% | +$14.9M |
|
331
Fortis
FTS
$30B
| $121M | 0.06% |
2,806,952
+144,125
| +5% | +$6.28M |
|
332
Prologis
PLD
$138B
| $121M | 0.06% |
983,595
+62,295
| +7% | +$7.66M |
|
333
Entegris
ENTG
$19.7B
| $120M | 0.06% |
1,084,092
-6,233
| -0.6% | -$568K |
|
334
Brookfield
BN
$102B
| $120M | 0.06% |
5,334,759
+881,688
| +20% | +$18.7M |
|
335
Planet Fitness
PLNT
$4.23B
| $119M | 0.06% |
1,766,731
+242,065
| +16% | +$17.4M |
|
336
TransUnion
TRU
$14.8B
| $117M | 0.06% |
1,496,514
+47,061
| +3% | +$3.26M |
|
337
Xylem
XYL
$28.5B
| $117M | 0.06% |
1,034,822
-31,668
| -3% | -$3.35M |
|
338
Green Plains
GPRE
$1.19B
| $116M | 0.06% |
3,602,851
-904,880
| -20% | -$28.7M |
|
339
F5
FFIV
$22.1B
| $116M | 0.06% |
790,496
+37,593
| +5% | +$5.34M |
|
|
WCN
340
Waste Connections
WCN
$42.8B
| $115M | 0.05% |
805,194
+19,583
| +2% | +$2.73M |
|
341
Hilton Grand Vacations
HGV
$3.84B
| $115M | 0.05% |
2,520,786
+1,104,101
| +78% | +$49.3M |
|
342
SouthState Bank Corp
SSB
$10.4B
| $115M | 0.05% |
1,740,683
-33,074
| -2% | -$2.21M |
|
|
ITCI
343
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $114M | 0.05% |
1,808,229
+16,040
| +0.9% | +$1,000K |
|
344
Alcoa
AA
$11.7B
| $113M | 0.05% |
3,319,777
-1,096,922
| -25% | -$39.9M |
|
345
Vistra
VST
$55.1B
| $112M | 0.05% |
4,273,125
+241,287
| +6% | +$5.9M |
|
346
Delta Air Lines
DAL
$55.9B
| $111M | 0.05% |
2,344,922
+316,961
| +16% | +$11.7M |
|
347
Regal Rexnord
RRX
$14.2B
| $111M | 0.05% |
722,010
-10,542
| -1% | -$1.44M |
|
348
Paychex
PAYX
$40.4B
| $109M | 0.05% |
971,481
+34,267
| +4% | +$3.75M |
|
349
Ascendis Pharma A/S
ASND
$16.7B
| $108M | 0.05% |
1,213,325
-132,579
| -10% | -$11.5M |
|
350
Fair Isaac
FICO
$28.7B
| $108M | 0.05% |
133,681
+63,957
| +92% | +$48M |
|
Similar funds
Franklin Resources's Q2 2023 Portfolio in Review
As of Q2 2023, Franklin Resources held 2,805 positions worth $210B, up 5.6% from $199B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Franklin Resources's Q2 2023 filing shows 498 new, 1,216 increased, 722 reduced and 82 closed positions. Its largest new stake was Ferguson: 2,322,434 shares worth $365M. The largest sale was T-Mobile US, an estimated $403M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2023 buy was Ferguson: 2,322,434 shares worth $365M.
- Franklin Resources added most to Union Pacific in Q2 2023, an estimated $455M increase.
- Franklin Resources's biggest Q2 2023 reduction was T-Mobile US, cutting an estimated $403M.
- Franklin Resources fully exited Arconic Corporation in Q2 2023, selling an estimated $114M.
- Franklin Resources's ten largest holdings make up 17% of its $210B portfolio in Q2 2023.
- Franklin Resources opened 498 new positions and closed 82 in Q2 2023.
- Franklin Resources's portfolio value rose 5.6% quarter-over-quarter to $210B.
Based on Franklin Resources's 13F filing for Q2 2023, filed 11 Aug 2023.