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 |
Blackrock
BLK
|
+$449M |
| 2 |
JPMorgan Chase
JPM
|
+$426M |
| 3 |
Parker-Hannifin
PH
|
+$352M |
| 4 |
Texas Instruments
TXN
|
+$339M |
| 5 |
Rio Tinto
RIO
|
+$298M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$672M |
| 2 |
Merck
MRK
|
+$596M |
| 3 |
Southern Company
SO
|
+$534M |
| 4 |
Sempra
SRE
|
+$523M |
| 5 |
DTE Energy
DTE
|
+$491M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.2% |
| 2 | Healthcare | 17.28% |
| 3 | Financials | 10.36% |
| 4 | Industrials | 9.21% |
| 5 | Consumer Discretionary | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Honeywell
HON
$78B
| $1.28B | 0.63% |
7,812,580
-229,892
| -3% | -$41.3M |
|
27
Procter & Gamble
PG
$342B
| $1.26B | 0.62% |
8,737,020
-566,217
| -6% | -$85.1M |
|
28
Walt Disney
DIS
$161B
| $1.2B | 0.6% |
12,746,907
-1,540,710
| -11% | -$171M |
|
29
Air Products & Chemicals
APD
$65.5B
| $1.2B | 0.6% |
4,991,955
-111,518
| -2% | -$27.1M |
|
|
30
Southern Company
SO
$109B
| $1.17B | 0.58% |
16,472,217
-7,268,774
| -31% | -$534M |
|
31
United Parcel Service
UPS
$97B
| $1.17B | 0.58% |
6,412,452
+1,362,612
| +27% | +$249M |
|
32
Abbott
ABT
$175B
| $1.15B | 0.57% |
10,569,288
-117,987
| -1% | -$13.4M |
|
33
Synopsys
SNPS
$71.5B
| $1.13B | 0.56% |
3,726,016
-8,164
| -0.2% | -$2.46M |
|
34
AstraZeneca
AZN
$261B
| $1.13B | 0.56% |
8,548,074
+859,396
| +11% | +$113M |
|
35
PepsiCo
PEP
$184B
| $1.12B | 0.56% |
6,724,372
-2,628,405
| -28% | -$442M |
|
36
Intuit
INTU
$77B
| $1.1B | 0.55% |
2,851,868
-93,901
| -3% | -$38.9M |
|
37
Pfizer
PFE
$143B
| $1.08B | 0.54% |
20,619,902
-5,788,196
| -22% | -$295M |
|
38
Accenture
ACN
$84.9B
| $1.07B | 0.53% |
3,853,059
-197,913
| -5% | -$59.5M |
|
39
Lockheed Martin
LMT
$131B
| $1.05B | 0.52% |
2,448,118
+69,906
| +3% | +$30.7M |
|
|
40
Merck
MRK
$322B
| $1.05B | 0.52% |
11,485,387
-6,727,813
| -37% | -$596M |
|
41
Thermo Fisher Scientific
TMO
$213B
| $1.05B | 0.52% |
1,924,889
+145,708
| +8% | +$80.2M |
|
42
Comcast
CMCSA
$78.3B
| $1.03B | 0.51% |
26,316,417
-3,675,707
| -12% | -$158M |
|
43
Stryker
SYK
$122B
| $1.03B | 0.51% |
5,176,650
-272,332
| -5% | -$64M |
|
44
Duke Energy
DUK
$101B
| $981M | 0.49% |
9,150,855
-2,329,693
| -20% | -$256M |
|
45
T-Mobile US
TMUS
$183B
| $971M | 0.48% |
7,218,735
-467,487
| -6% | -$61M |
|
46
Nike
NKE
$60.8B
| $970M | 0.48% |
9,495,828
-177,201
| -2% | -$21M |
|
47
Bank of America
BAC
$430B
| $938M | 0.47% |
30,130,393
+2,776,655
| +10% | +$100M |
|
48
Bristol-Myers Squibb
BMY
$126B
| $932M | 0.46% |
12,099,766
-3,822,933
| -24% | -$291M |
|
49
Tesla
TSLA
$1.26T
| $919M | 0.46% |
4,092,216
+580,806
| +17% | +$159M |
|
|
50
Verizon
VZ
$183B
| $844M | 0.42% |
16,638,926
-13,291,252
| -44% | -$672M |
|
Similar funds
Franklin Resources's Q2 2022 Portfolio in Review
As of Q2 2022, Franklin Resources held 2,536 positions worth $202B, down 19% from $250B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Franklin Resources withdrew a net $13.3B in Q2 2022, closing 177 positions and reducing 1,212 holdings. Its most notable exit was Dominion Energy, Inc. 2019 Series A Corporate Units, an estimated $377M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Aspen Technology Inc worth $115M.
- Franklin Resources's largest Q2 2022 buy was Aspen Technology Inc: 627,495 shares worth $115M.
- Franklin Resources added most to Blackrock in Q2 2022, an estimated $449M increase.
- Franklin Resources's biggest Q2 2022 reduction was Verizon, cutting an estimated $672M.
- Franklin Resources fully exited Dominion Energy, Inc. 2019 Series A Corporate Units in Q2 2022, selling an estimated $377M.
- Franklin Resources's ten largest holdings make up 14% of its $202B portfolio in Q2 2022.
- Franklin Resources opened 99 new positions and closed 177 in Q2 2022.
- Franklin Resources's portfolio value fell 19% quarter-over-quarter to $202B.
Based on Franklin Resources's 13F filing for Q2 2022, filed 11 Aug 2022.