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 | |
|---|---|---|---|---|---|---|
426
Neurocrine Biosciences
NBIX
$17.7B
| $71.9M | 0.04% |
710,444
+16,672
| +2% | +$1.73M |
|
427
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $71.7M | 0.04% |
1,500,107
+13,924
| +0.9% | +$656K |
|
428
Nutrien
NTR
$32.7B
| $71.6M | 0.04% |
969,360
-22,211
| -2% | -$1.71M |
|
429
3M
MMM
$89B
| $71.2M | 0.04% |
810,280
-1,215,567
| -60% | -$115M |
|
430
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
$2.71B
| $70.9M | 0.04% |
2,132,886
-1,045,716
| -33% | -$33.8M |
|
431
Delta Air Lines
DAL
$55.9B
| $70.8M | 0.04% |
2,027,961
+282,611
| +16% | +$10.5M |
|
432
Procore
PCOR
$6.46B
| $70.6M | 0.04% |
1,127,344
+8,228
| +0.7% | +$481K |
|
433
Apollo Global Management
APO
$70.7B
| $70.5M | 0.04% |
1,115,634
+10,352
| +0.9% | +$693K |
|
|
BSX.PRA
434
DELISTED
Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A
BSX.PRA
| $70.3M | 0.04% |
580,917
+12,650
| +2% | +$1.46M |
|
435
Carter's
CRI
$1.43B
| $70.2M | 0.04% |
975,864
+135,057
| +16% | +$10.3M |
|
436
Franklin Resources
BEN
$16.9B
| $70M | 0.04% |
2,598,687
+1,723,802
| +197% | +$50.4M |
|
437
Columbus McKinnon
CMCO
$465M
| $69.2M | 0.03% |
1,862,349
+553,307
| +42% | +$20.1M |
|
438
TransDigm Group
TDG
$69.2B
| $69.1M | 0.03% |
93,740
-7,408
| -7% | -$5.29M |
|
439
Deckers Outdoor
DECK
$13.3B
| $69M | 0.03% |
920,256
-11,298
| -1% | -$790K |
|
440
HealthEquity
HQY
$7.91B
| $68.8M | 0.03% |
1,171,117
-665
| -0.1% | -$40.4K |
|
441
RB Global
RBA
$20.8B
| $68.7M | 0.03% |
1,219,842
+1,161,738
| +1,999% | +$68.5M |
|
442
Minerals Technologies
MTX
$2.31B
| $68.5M | 0.03% |
1,133,683
-575,047
| -34% | -$35.8M |
|
|
APTV.PRA
443
DELISTED
Aptiv PLC 5.50% Series A Mandatory Convertible Preferred Shares
APTV.PRA
| $68.1M | 0.03% |
555,000
-100,000
| -15% | -$12.2M |
|
444
Franklin Senior Loan ETF
FLBL
$852M
| $67.2M | 0.03% |
2,818,999
-523,820
| -16% | -$12.4M |
|
|
BSMX
445
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $67.2M | 0.03% |
9,923,624
-6,476,500
| -39% | -$41.8M |
|
446
M/I Homes
MHO
$3.83B
| $67.1M | 0.03% |
1,063,521
-515,393
| -33% | -$29.7M |
|
447
BioMarin Pharmaceuticals
BMRN
$11.5B
| $66.6M | 0.03% |
685,295
+353,163
| +106% | +$36.6M |
|
448
Caterpillar
CAT
$409B
| $65.5M | 0.03% |
286,297
+47,193
| +20% | +$11.4M |
|
449
CNO Financial Group
CNO
$4.97B
| $64.8M | 0.03% |
2,919,038
+248,959
| +9% | +$5.95M |
|
450
Vanguard Dividend Appreciation ETF
VIG
$111B
| $64.1M | 0.03% |
416,214
+13,879
| +3% | +$2.13M |
|
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.