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 | |
|---|---|---|---|---|---|---|
376
Public Storage
PSA
$60.2B
| $95.8M | 0.05% |
341,843
+26,643
| +8% | +$7.77M |
|
377
Las Vegas Sands
LVS
$30.5B
| $95.6M | 0.05% |
1,987,941
-263,235
| -12% | -$11.2M |
|
378
Open Text
OTEX
$5.43B
| $95M | 0.05% |
3,207,584
-1,051,403
| -25% | -$29.8M |
|
|
SUM
379
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $94.9M | 0.05% |
3,343,552
-1,580,109
| -32% | -$43.5M |
|
|
ITCI
380
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $94.9M | 0.05% |
1,793,456
-3,954
| -0.2% | -$198K |
|
381
Advanced Micro Devices
AMD
$851B
| $94.7M | 0.05% |
1,461,541
-36,450
| -2% | -$2.41M |
|
382
Teleflex
TFX
$5.85B
| $92.6M | 0.05% |
370,814
-51,921
| -12% | -$11.5M |
|
383
Black Hills Corp
BKH
$5.73B
| $91M | 0.05% |
1,293,169
+273,200
| +27% | +$18.4M |
|
384
AT&T
T
$165B
| $90.9M | 0.05% |
4,938,778
+855,391
| +21% | +$15.3M |
|
385
lululemon athletica
LULU
$13B
| $90.4M | 0.05% |
282,056
-6,836
| -2% | -$2.25M |
|
386
Baker Hughes
BKR
$56.8B
| $90.1M | 0.05% |
3,052,125
-3,309,280
| -52% | -$91.3M |
|
387
FirstEnergy
FE
$28.9B
| $90.1M | 0.05% |
2,147,478
+15,016
| +0.7% | +$587K |
|
388
Jack in the Box
JACK
$278M
| $88.8M | 0.05% |
1,301,447
-157,347
| -11% | -$12.1M |
|
389
Old Dominion Freight Line
ODFL
$48.5B
| $88.7M | 0.05% |
625,370
+874
| +0.1% | +$124K |
|
390
Estee Lauder
EL
$29B
| $88.7M | 0.05% |
357,545
+27,541
| +8% | +$6.15M |
|
391
Ford
F
$57.3B
| $87.6M | 0.05% |
7,534,381
+6,750,728
| +861% | +$86.7M |
|
392
Franklin Municipal Green Bond ETF
FLMB
$75M
| $87M | 0.05% |
3,749,031
+14
| +0% | +$320 |
|
393
Regal Rexnord
RRX
$14.2B
| $87M | 0.05% |
724,777
+312,685
| +76% | +$41M |
|
394
Sunstone Hotel Investors
SHO
$2.19B
| $86.8M | 0.05% |
8,988,915
+780,592
| +10% | +$8.07M |
|
395
CGI
GIB
$13.9B
| $84M | 0.04% |
974,289
-275,844
| -22% | -$22.7M |
|
396
JPMorgan Equity Premium Income ETF
JEPI
$45.3B
| $83.7M | 0.04% |
1,536,111
+2,036
| +0.1% | +$111K |
|
397
DT Midstream
DTM
$14.9B
| $83.3M | 0.04% |
1,508,092
+8,112
| +0.5% | +$464K |
|
398
Sensata Technologies
ST
$6.65B
| $83.1M | 0.04% |
2,058,264
-3,540,506
| -63% | -$147M |
|
399
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.3B
| $82.9M | 0.04% |
1,674,910
-131,320
| -7% | -$6.44M |
|
400
Neurocrine Biosciences
NBIX
$17.7B
| $82.9M | 0.04% |
693,772
-358,463
| -34% | -$42M |
|
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.