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 | |
|---|---|---|---|---|---|---|
351
Paychex
PAYX
$40.4B
| $107M | 0.05% |
937,214
+24,320
| +3% | +$2.77M |
|
352
Automatic Data Processing
ADP
$100B
| $107M | 0.05% |
479,528
-21,738
| -4% | -$4.9M |
|
353
First Interstate BancSystem
FIBK
$3.7B
| $106M | 0.05% |
3,550,518
+237,069
| +7% | +$8.34M |
|
354
iShares Core S&P Small-Cap ETF
IJR
$109B
| $105M | 0.05% |
1,088,795
+62,361
| +6% | +$6.23M |
|
355
Las Vegas Sands
LVS
$30.5B
| $104M | 0.05% |
1,807,677
-180,264
| -9% | -$10.1M |
|
356
Regal Rexnord
RRX
$14.2B
| $103M | 0.05% |
732,552
+7,775
| +1% | +$1.13M |
|
|
B
357
Barrick Mining
B
$62.2B
| $102M | 0.05% |
5,492,094
-5,506,594
| -50% | -$98.9M |
|
358
Sensata Technologies
ST
$6.65B
| $102M | 0.05% |
2,030,263
-28,001
| -1% | -$1.35M |
|
359
FirstEnergy
FE
$28.9B
| $101M | 0.05% |
2,532,785
+385,307
| +18% | +$15.6M |
|
360
Freshpet
FRPT
$2.83B
| $101M | 0.05% |
1,532,833
+79,745
| +5% | +$4.9M |
|
361
lululemon athletica
LULU
$13B
| $101M | 0.05% |
277,764
-4,292
| -2% | -$1.35M |
|
362
BCE
BCE
$19.9B
| $101M | 0.05% |
2,255,650
-1,502,176
| -40% | -$67.9M |
|
363
Essential Utilities
WTRG
$11.2B
| $100M | 0.05% |
2,300,760
-1,762
| -0.1% | -$79.5K |
|
364
Pinnacle West Capital
PNW
$12.9B
| $100M | 0.05% |
1,264,031
-164,883
| -12% | -$12.4M |
|
|
XYZ
365
Block Inc
XYZ
$45.9B
| $99.8M | 0.05% |
1,453,964
+154,377
| +12% | +$11.6M |
|
366
Avient
AVNT
$3.45B
| $99.6M | 0.05% |
2,420,742
+735,855
| +44% | +$29.3M |
|
|
DOOR
367
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $99.4M | 0.05% |
1,094,773
+194,110
| +22% | +$17.1M |
|
368
Paylocity
PCTY
$6.71B
| $99.2M | 0.05% |
498,988
-36
| -0% | -$7.08K |
|
369
Bank of Montreal
BMO
$125B
| $98.3M | 0.05% |
1,103,796
-17,656
| -2% | -$1.68M |
|
|
ITCI
370
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $97M | 0.05% |
1,792,189
-1,267
| -0.1% | -$61.3K |
|
371
Vistra
VST
$55.1B
| $96.8M | 0.05% |
4,031,838
-619,703
| -13% | -$14.4M |
|
372
Brookfield
BN
$102B
| $96.7M | 0.05% |
4,453,071
-3,703,676
| -45% | -$83.4M |
|
373
Baker Hughes
BKR
$56.8B
| $96.7M | 0.05% |
3,349,883
+297,758
| +10% | +$9.01M |
|
374
Moderna
MRNA
$21.5B
| $96.6M | 0.05% |
629,185
-110,532
| -15% | -$18.2M |
|
375
IQVIA
IQV
$34.7B
| $96.4M | 0.05% |
484,907
-4,847
| -1% | -$1.04M |
|
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.