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 | |
|---|---|---|---|---|---|---|
26
Synopsys
SNPS
$71.7B
| $1.19B | 0.65% |
3,882,973
+156,957
| +4% | +$53.1M |
|
|
27
Bank of America
BAC
$435B
| $1.16B | 0.63% |
38,288,938
+8,158,545
| +27% | +$273M |
|
28
Air Products & Chemicals
APD
$66.3B
| $1.15B | 0.63% |
4,933,829
-58,126
| -1% | -$14.4M |
|
29
Procter & Gamble
PG
$343B
| $1.13B | 0.62% |
8,952,586
+215,566
| +2% | +$30.6M |
|
30
PepsiCo
PEP
$187B
| $1.11B | 0.61% |
6,816,213
+91,841
| +1% | +$15.8M |
|
31
Intuit
INTU
$81B
| $1.11B | 0.6% |
2,854,656
+2,788
| +0.1% | +$1.2M |
|
32
Walt Disney
DIS
$165B
| $1.09B | 0.59% |
11,541,010
-1,205,897
| -9% | -$129M |
|
33
Honeywell
HON
$76.9B
| $1.04B | 0.57% |
6,631,813
-1,180,767
| -15% | -$206M |
|
34
United Parcel Service
UPS
$97.3B
| $1.03B | 0.56% |
6,380,875
-31,577
| -0.5% | -$5.98M |
|
35
Thermo Fisher Scientific
TMO
$211B
| $1.02B | 0.56% |
2,008,660
+83,771
| +4% | +$46.9M |
|
36
Southern Company
SO
$110B
| $1.02B | 0.55% |
14,938,130
-1,534,087
| -9% | -$116M |
|
37
Dominion Energy
D
$62.6B
| $1.01B | 0.55% |
14,642,532
-3,365,601
| -19% | -$272M |
|
38
Abbott
ABT
$180B
| $1.01B | 0.55% |
10,453,058
-116,230
| -1% | -$12.4M |
|
39
Stryker
SYK
$127B
| $983M | 0.54% |
4,851,452
-325,198
| -6% | -$68.4M |
|
40
Lockheed Martin
LMT
$134B
| $956M | 0.52% |
2,475,297
+27,179
| +1% | +$11.3M |
|
41
Accenture
ACN
$89.9B
| $925M | 0.5% |
3,594,431
-258,628
| -7% | -$74.7M |
|
42
AstraZeneca
AZN
$262B
| $920M | 0.5% |
8,384,894
-163,180
| -2% | -$20.7M |
|
43
Merck
MRK
$324B
| $903M | 0.49% |
10,487,337
-998,050
| -9% | -$89.1M |
|
44
Pfizer
PFE
$140B
| $879M | 0.48% |
20,084,630
-535,272
| -3% | -$26M |
|
45
Johnson Controls International
JCI
$87.5B
| $841M | 0.46% |
17,086,380
-59,931
| -0.3% | -$3.18M |
|
46
T-Mobile US
TMUS
$193B
| $834M | 0.45% |
6,217,603
-1,001,132
| -14% | -$141M |
|
47
Salesforce
CRM
$134B
| $823M | 0.45% |
5,723,914
+673,760
| +13% | +$114M |
|
48
Eli Lilly
LLY
$1.07T
| $789M | 0.43% |
2,440,448
-153,156
| -6% | -$48.5M |
|
|
49
Wells Fargo
WFC
$262B
| $784M | 0.43% |
19,500,341
+5,771,197
| +42% | +$248M |
|
50
Albemarle
ALB
$13.6B
| $780M | 0.42% |
2,948,491
-894,228
| -23% | -$227M |
|
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.