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 | |
|---|---|---|---|---|---|---|
351
Open Text
OTEX
$5.43B
| $112M | 0.06% |
4,258,987
+855,536
| +25% | +$30.2M |
|
352
Equifax
EFX
$20.3B
| $112M | 0.06% |
652,120
+153,726
| +31% | +$30.1M |
|
353
Neurocrine Biosciences
NBIX
$17.7B
| $112M | 0.06% |
1,052,235
-128,820
| -11% | -$13.1M |
|
354
WSFS Financial
WSFS
$4.1B
| $111M | 0.06% |
2,379,146
+334,381
| +16% | +$15.6M |
|
355
Roblox
RBLX
$34B
| $110M | 0.06% |
3,077,259
-396,533
| -11% | -$16.4M |
|
356
GitLab
GTLB
$5.28B
| $110M | 0.06% |
2,144,505
+883,500
| +70% | +$51.6M |
|
|
DHR.PRB
357
DELISTED
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
| $109M | 0.06% |
81,245
+72
| +0.1% | +$102K |
|
358
Biogen
BIIB
$29.9B
| $109M | 0.06% |
409,242
-3,607
| -0.9% | -$766K |
|
359
Tractor Supply
TSCO
$16.3B
| $109M | 0.06% |
2,938,965
-32,860
| -1% | -$1.28M |
|
360
Timken Company
TKR
$9.82B
| $109M | 0.06% |
1,842,236
-291,950
| -14% | -$18.1M |
|
361
Nutrien
NTR
$32.7B
| $109M | 0.06% |
1,304,458
-246,478
| -16% | -$21.2M |
|
362
Clarivate
CLVT
$1.3B
| $108M | 0.06% |
11,536,344
-302,155
| -3% | -$3.82M |
|
363
Jack in the Box
JACK
$278M
| $108M | 0.06% |
1,458,794
-489,014
| -25% | -$37.1M |
|
364
Vistra
VST
$55.1B
| $107M | 0.06% |
5,099,368
-3,815,822
| -43% | -$92.3M |
|
|
GTLS
365
DELISTED
Chart Industries
GTLS
| $107M | 0.06% |
578,299
+110,443
| +24% | +$20.5M |
|
366
Automatic Data Processing
ADP
$100B
| $106M | 0.06% |
469,102
+23,071
| +5% | +$5.44M |
|
367
Planet Fitness
PLNT
$4.23B
| $104M | 0.06% |
1,810,617
+499,000
| +38% | +$35.9M |
|
|
MRTX
368
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $102M | 0.06% |
1,460,193
+1,728
| +0.1% | +$128K |
|
369
Prologis
PLD
$138B
| $102M | 0.06% |
1,000,440
-6,018
| -0.6% | -$746K |
|
370
WEC Energy
WEC
$37.7B
| $100M | 0.05% |
1,122,692
+35,137
| +3% | +$3.59M |
|
371
Haemonetics
HAE
$3.58B
| $100M | 0.05% |
1,350,667
+47,254
| +4% | +$3.39M |
|
|
WCN
372
Waste Connections
WCN
$42.8B
| $99.8M | 0.05% |
739,504
-28,857
| -4% | -$3.93M |
|
373
Fidelity National Information Services
FIS
$21.5B
| $96.5M | 0.05% |
1,276,808
+336,355
| +36% | +$31.3M |
|
|
HCP
374
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $95.4M | 0.05% |
2,964,360
-28,505
| -1% | -$984K |
|
375
Advanced Micro Devices
AMD
$851B
| $94.9M | 0.05% |
1,497,991
-1,625,350
| -52% | -$138M |
|
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.