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 | |
|---|---|---|---|---|---|---|
401
Alamos Gold
AGI
$12.4B
| $83.5M | 0.04% |
6,836,226
-64,588
| -0.9% | -$700K |
|
|
SUM
402
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $83.2M | 0.04% |
2,920,555
-422,997
| -13% | -$12.8M |
|
403
Public Storage
PSA
$60.2B
| $82.7M | 0.04% |
273,707
-68,136
| -20% | -$20M |
|
404
Old Dominion Freight Line
ODFL
$48.5B
| $81.9M | 0.04% |
480,700
-144,670
| -23% | -$24.2M |
|
405
Labcorp
LH
$24.3B
| $80.3M | 0.04% |
407,523
-1,099
| -0.3% | -$226K |
|
406
Descartes Systems
DSGX
$5.84B
| $80.3M | 0.04% |
995,355
+61,943
| +7% | +$4.62M |
|
407
Roblox
RBLX
$34B
| $80.1M | 0.04% |
1,781,313
+23,744
| +1% | +$907K |
|
408
NVR
NVR
$17.2B
| $80.1M | 0.04% |
14,378
+1,339
| +10% | +$6.91M |
|
409
Black Hills Corp
BKH
$5.73B
| $79.7M | 0.04% |
1,262,702
-30,467
| -2% | -$2.01M |
|
410
Fidelity National Information Services
FIS
$21.5B
| $79.3M | 0.04% |
1,458,821
+283,692
| +24% | +$18.5M |
|
411
New York Times
NYT
$11.6B
| $79.1M | 0.04% |
2,035,124
+64,051
| +3% | +$2.36M |
|
412
Valero Energy
VLO
$89.8B
| $79.1M | 0.04% |
566,357
-52,057
| -8% | -$6.99M |
|
413
NorthWestern Energy
NWE
$4.48B
| $78.9M | 0.04% |
1,363,189
+10,563
| +0.8% | +$603K |
|
414
SolarEdge
SEDG
$2.59B
| $78.7M | 0.04% |
258,906
+18,334
| +8% | +$5.59M |
|
415
Newmont
NEM
$98.2B
| $78.1M | 0.04% |
1,593,281
-55,785
| -3% | -$2.7M |
|
|
DHR.PRB
416
DELISTED
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
| $78M | 0.04% |
61,170
-20,115
| -25% | -$26.1M |
|
417
Jack in the Box
JACK
$278M
| $76.9M | 0.04% |
877,989
-423,458
| -33% | -$33.5M |
|
418
Franklin FTSE United Kingdom ETF
FLGB
$887M
| $75.8M | 0.04% |
3,130,192
+830,000
| +36% | +$20M |
|
419
NETSCOUT
NTCT
$2.86B
| $75.3M | 0.04% |
2,628,736
-1,746,251
| -40% | -$52.3M |
|
420
DT Midstream
DTM
$14.9B
| $75.1M | 0.04% |
1,521,423
+13,331
| +0.9% | +$691K |
|
421
Stantec
STN
$7.69B
| $73.6M | 0.04% |
1,258,601
-8,475
| -0.7% | -$459K |
|
|
RVNC
422
DELISTED
Revance Therapeutics, Inc.
RVNC
| $73.3M | 0.04% |
2,274,491
-110,099
| -5% | -$3.43M |
|
423
OGE Energy
OGE
$10.3B
| $73.1M | 0.04% |
1,941,671
-40,292
| -2% | -$1.52M |
|
424
Marathon Petroleum
MPC
$90.3B
| $72.4M | 0.04% |
536,652
-1,900,499
| -78% | -$238M |
|
425
CAE Inc. Common Shares
CAE
$8.1B
| $72.1M | 0.04% |
3,188,745
-206,246
| -6% | -$4.5M |
|
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.