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 | |
|---|---|---|---|---|---|---|
376
GFL Environmental
GFL
$14.3B
| $94.3M | 0.05% |
2,737,918
+164,503
| +6% | +$5.19M |
|
377
CGI
GIB
$13.9B
| $93M | 0.05% |
965,459
-8,830
| -0.9% | -$794K |
|
378
Yeti Holdings
YETI
$3.82B
| $92.3M | 0.05% |
2,308,204
+2,303,248
| +46,474% | +$95.1M |
|
379
argenx
ARGX
$57.4B
| $91.9M | 0.05% |
246,679
+35,574
| +17% | +$13.2M |
|
380
Sonos
SONO
$1.75B
| $91.7M | 0.05% |
4,671,510
-158,456
| -3% | -$3.02M |
|
381
HEICO Corp
HEI
$48.9B
| $91.3M | 0.05% |
534,031
+2,342
| +0.4% | +$394K |
|
382
AT&T
T
$165B
| $91M | 0.05% |
4,726,277
-212,501
| -4% | -$4.06M |
|
383
Five Below
FIVE
$11.2B
| $90.5M | 0.05% |
439,515
-5,434
| -1% | -$1.07M |
|
384
Herc Holdings
HRI
$5.43B
| $90.5M | 0.05% |
794,406
-48,359
| -6% | -$6.67M |
|
385
TransUnion
TRU
$14.8B
| $90.1M | 0.05% |
1,449,453
+969,808
| +202% | +$63.5M |
|
386
Franklin Municipal Green Bond ETF
FLMB
$75M
| $89.6M | 0.05% |
3,749,025
-6
| -0% | -$143 |
|
387
Entegris
ENTG
$19.7B
| $89.4M | 0.04% |
1,090,325
-4,163
| -0.4% | -$337K |
|
388
WSFS Financial
WSFS
$4.1B
| $89M | 0.04% |
2,366,472
-6,010
| -0.3% | -$276K |
|
389
Sunstone Hotel Investors
SHO
$2.19B
| $88.9M | 0.04% |
8,993,400
+4,485
| +0% | +$45.5K |
|
390
IBM
IBM
$202B
| $88.2M | 0.04% |
673,125
+116,817
| +21% | +$15.6M |
|
391
Cohu
COHU
$2.39B
| $87.7M | 0.04% |
2,283,603
+346,729
| +18% | +$12.6M |
|
392
Tronox
TROX
$995M
| $87.2M | 0.04% |
6,064,166
+2,006,159
| +49% | +$30.9M |
|
393
BellRing Brands
BRBR
$1.51B
| $87.1M | 0.04% |
2,561,321
-124,430
| -5% | -$3.67M |
|
394
Bread Financial
BFH
$4.21B
| $87M | 0.04% |
2,868,027
-3,857
| -0.1% | -$144K |
|
395
Estee Lauder
EL
$29B
| $86.3M | 0.04% |
350,234
-7,311
| -2% | -$1.86M |
|
396
Adient
ADNT
$1.6B
| $85.3M | 0.04% |
2,081,695
+26,176
| +1% | +$1.09M |
|
397
Teleflex
TFX
$5.85B
| $84.7M | 0.04% |
334,570
-36,244
| -10% | -$8.79M |
|
398
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.3B
| $84.4M | 0.04% |
1,646,787
-28,123
| -2% | -$1.42M |
|
399
Horace Mann Educators
HMN
$2.1B
| $84.3M | 0.04% |
2,518,243
-138,923
| -5% | -$4.97M |
|
400
JPMorgan Equity Premium Income ETF
JEPI
$45.3B
| $83.7M | 0.04% |
1,532,093
-4,018
| -0.3% | -$218K |
|
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.