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 |
Union Pacific
UNP
|
+$455M |
| 2 |
Comcast
CMCSA
|
+$393M |
| 3 |
Bank of America
BAC
|
+$387M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$352M |
| 5 |
Target
TGT
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
T-Mobile US
TMUS
|
+$403M |
| 2 |
CoStar Group
CSGP
|
+$348M |
| 3 |
ExxonMobil
XOM
|
+$320M |
| 4 |
Wells Fargo
WFC
|
+$260M |
| 5 |
Microsoft
MSFT
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.87% |
| 2 | Healthcare | 15.43% |
| 3 | Financials | 10.44% |
| 4 | Industrials | 9.86% |
| 5 | Consumer Discretionary | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Electronic Arts
EA
$52.4B
| $72.5M | 0.03% |
558,916
+66,973
| +14% | +$8.48M |
|
427
BioMarin Pharmaceuticals
BMRN
$11.5B
| $72.5M | 0.03% |
836,231
+150,936
| +22% | +$14.2M |
|
428
Insmed
INSM
$23.2B
| $72.4M | 0.03% |
3,433,640
-73,536
| -2% | -$1.4M |
|
429
Five Below
FIVE
$11.2B
| $72.3M | 0.03% |
367,959
-71,556
| -16% | -$14M |
|
430
Clearfield
CLFD
$421M
| $72M | 0.03% |
+1,519,647
| New | +$64.9M |
|
431
Baxter International
BAX
$11.6B
| $71.4M | 0.03% |
1,566,455
+1,481,196
| +1,737% | +$64.5M |
|
432
Vanguard Dividend Appreciation ETF
VIG
$111B
| $71.3M | 0.03% |
438,885
+22,671
| +5% | +$3.55M |
|
433
NVR
NVR
$17.2B
| $71.2M | 0.03% |
11,219
-3,159
| -22% | -$18.4M |
|
434
First Solar
FSLR
$21.8B
| $70.3M | 0.03% |
369,786
+203,110
| +122% | +$40.2M |
|
435
Bread Financial
BFH
$4.21B
| $70.2M | 0.03% |
2,237,245
-630,782
| -22% | -$18.1M |
|
436
Intercorp Financial Services
IFS
$6.63B
| $69.4M | 0.03% |
2,792,782
+148
| +0% | +$3.4K |
|
437
Zurn Elkay Water Solutions
ZWS
$8.07B
| $69.2M | 0.03% |
2,572,620
+1,087,354
| +73% | +$24.8M |
|
438
SolarEdge
SEDG
$2.59B
| $69M | 0.03% |
256,563
-2,343
| -0.9% | -$672K |
|
439
Neurocrine Biosciences
NBIX
$17.7B
| $68.7M | 0.03% |
728,250
+17,806
| +3% | +$1.74M |
|
440
Yum China
YUMC
$14.9B
| $68.5M | 0.03% |
1,213,013
+238,206
| +24% | +$14.4M |
|
441
Deckers Outdoor
DECK
$13.3B
| $68.1M | 0.03% |
774,132
-146,124
| -16% | -$11.7M |
|
442
iShares Core US Aggregate Bond ETF
AGG
$138B
| $67.7M | 0.03% |
691,300
+119,178
| +21% | +$11.8M |
|
443
OGE Energy
OGE
$10.3B
| $67.6M | 0.03% |
1,883,645
-58,026
| -3% | -$2.14M |
|
444
Valero Energy
VLO
$89.8B
| $66.9M | 0.03% |
570,173
+3,816
| +0.7% | +$444K |
|
445
Newmont
NEM
$99.5B
| $66.8M | 0.03% |
1,565,584
-27,697
| -2% | -$1.26M |
|
446
Arthur J. Gallagher & Co
AJG
$63.7B
| $66.4M | 0.03% |
302,428
+13,379
| +5% | +$2.78M |
|
447
M/I Homes
MHO
$3.83B
| $65.9M | 0.03% |
756,129
-307,392
| -29% | -$21.8M |
|
448
Allegiant Air
ALGT
$2.64B
| $64.4M | 0.03% |
509,744
+10,434
| +2% | +$1.09M |
|
449
Canadian Imperial Bank of Commerce
CM
$107B
| $64.2M | 0.03% |
1,505,066
+64,882
| +5% | +$2.74M |
|
450
Verisk Analytics
VRSK
$26.4B
| $63.7M | 0.03% |
281,634
+75,690
| +37% | +$15.9M |
|
Similar funds
Franklin Resources's Q2 2023 Portfolio in Review
As of Q2 2023, Franklin Resources held 2,805 positions worth $210B, up 5.6% from $199B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Franklin Resources's Q2 2023 filing shows 498 new, 1,216 increased, 722 reduced and 82 closed positions. Its largest new stake was Ferguson: 2,322,434 shares worth $365M. The largest sale was T-Mobile US, an estimated $403M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2023 buy was Ferguson: 2,322,434 shares worth $365M.
- Franklin Resources added most to Union Pacific in Q2 2023, an estimated $455M increase.
- Franklin Resources's biggest Q2 2023 reduction was T-Mobile US, cutting an estimated $403M.
- Franklin Resources fully exited Arconic Corporation in Q2 2023, selling an estimated $114M.
- Franklin Resources's ten largest holdings make up 17% of its $210B portfolio in Q2 2023.
- Franklin Resources opened 498 new positions and closed 82 in Q2 2023.
- Franklin Resources's portfolio value rose 5.6% quarter-over-quarter to $210B.
Based on Franklin Resources's 13F filing for Q2 2023, filed 11 Aug 2023.