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 | |
|---|---|---|---|---|---|---|
426
argenx
ARGX
$57.4B
| $74.6M | 0.04% |
211,366
-39,292
| -16% | -$14.6M |
|
427
Yum China
YUMC
$14.9B
| $74M | 0.04% |
1,562,056
-18,691
| -1% | -$898K |
|
428
TC Energy
TRP
$73.5B
| $73.2M | 0.04% |
1,819,254
-82,227
| -4% | -$4.08M |
|
429
iShares Core S&P Small-Cap ETF
IJR
$109B
| $72.9M | 0.04% |
835,809
+17,650
| +2% | +$1.71M |
|
430
Valero Energy
VLO
$89.8B
| $72.3M | 0.04% |
676,241
+318,381
| +89% | +$35M |
|
431
Five Below
FIVE
$11.2B
| $71.3M | 0.04% |
517,947
-131,486
| -20% | -$17.3M |
|
|
XYZ
432
Block Inc
XYZ
$45.9B
| $71.3M | 0.04% |
1,295,927
+77,920
| +6% | +$5.52M |
|
433
Estee Lauder
EL
$29B
| $71.2M | 0.04% |
330,004
-4,988
| -1% | -$1.27M |
|
434
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $71.2M | 0.04% |
1,480,626
+1,138,929
| +333% | +$56.4M |
|
435
Brixmor Property Group
BRX
$9.95B
| $71M | 0.04% |
3,842,893
-227,215
| -6% | -$4.91M |
|
436
DexCom
DXCM
$27.6B
| $70.8M | 0.04% |
878,573
-482,312
| -35% | -$40.8M |
|
437
TransDigm Group
TDG
$69.2B
| $70.5M | 0.04% |
134,374
+16,677
| +14% | +$9.95M |
|
438
Franklin Systematic Style Premia ETF
FLSP
$1.02B
| $69.9M | 0.04% |
3,262,251
+1,019,525
| +45% | +$21.7M |
|
439
Freshpet
FRPT
$2.83B
| $69.8M | 0.04% |
1,393,772
-47,221
| -3% | -$2.23M |
|
440
Black Hills Corp
BKH
$5.73B
| $69.1M | 0.04% |
1,019,969
+6,522
| +0.6% | +$489K |
|
441
Moderna
MRNA
$21.5B
| $68.8M | 0.04% |
581,534
+196,163
| +51% | +$29.8M |
|
442
Chubb
CB
$140B
| $68.5M | 0.04% |
376,790
-29,321
| -7% | -$5.57M |
|
443
Electronic Arts
EA
$52.4B
| $68.4M | 0.04% |
591,230
+116,377
| +25% | +$14.7M |
|
444
Newmont
NEM
$98.2B
| $68.1M | 0.04% |
1,620,778
-494,839
| -23% | -$23.1M |
|
445
Sonos
SONO
$1.75B
| $67.4M | 0.04% |
4,845,463
+956,544
| +25% | +$17M |
|
446
GFL Environmental
GFL
$14.3B
| $67.2M | 0.04% |
2,658,912
+516,738
| +24% | +$14.3M |
|
447
NorthWestern Energy
NWE
$4.48B
| $65.8M | 0.04% |
1,334,916
+54,165
| +4% | +$2.97M |
|
448
Fortinet
FTNT
$112B
| $65.6M | 0.04% |
1,335,423
-1,117,160
| -46% | -$60.5M |
|
449
Factset
FDS
$9.05B
| $65.1M | 0.04% |
162,745
+11,457
| +8% | +$4.85M |
|
|
RVNC
450
DELISTED
Revance Therapeutics, Inc.
RVNC
| $64.4M | 0.04% |
2,386,018
+19,651
| +0.8% | +$399K |
|
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.