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 |
JPMorgan Chase
JPM
|
+$414M |
| 2 |
Atlassian
TEAM
|
+$401M |
| 3 |
Citigroup
C
|
+$305M |
| 4 |
Union Pacific
UNP
|
+$304M |
| 5 |
SIVB
SVB Financial Group
SIVB
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$449M |
| 2 |
Merck
MRK
|
+$436M |
| 3 |
IBM
IBM
|
+$406M |
| 4 |
MetLife
MET
|
+$368M |
| 5 |
Air Products & Chemicals
APD
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 16.37% |
| 3 | Financials | 11.35% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Synopsys
SNPS
$71.5B
| $1.22B | 0.64% |
3,836,016
-46,957
| -1% | -$14.7M |
|
27
Bank of America
BAC
$430B
| $1.22B | 0.63% |
36,726,305
-1,562,633
| -4% | -$53.8M |
|
28
PepsiCo
PEP
$184B
| $1.2B | 0.63% |
6,661,328
-154,885
| -2% | -$27.6M |
|
|
29
Air Products & Chemicals
APD
$65.5B
| $1.15B | 0.6% |
3,735,730
-1,198,099
| -24% | -$338M |
|
30
Stryker
SYK
$122B
| $1.15B | 0.6% |
4,686,047
-165,405
| -3% | -$37.5M |
|
31
United Parcel Service
UPS
$97B
| $1.14B | 0.59% |
6,529,088
+148,213
| +2% | +$25.7M |
|
32
Thermo Fisher Scientific
TMO
$213B
| $1.11B | 0.58% |
2,012,482
+3,822
| +0.2% | +$2.03M |
|
33
Intuit
INTU
$77B
| $1.1B | 0.57% |
2,813,805
-40,851
| -1% | -$16.2M |
|
34
Nike
NKE
$60.8B
| $1.08B | 0.56% |
9,223,882
-89,515
| -1% | -$9.01M |
|
35
Southern Company
SO
$109B
| $1.08B | 0.56% |
15,078,828
+140,698
| +0.9% | +$9.41M |
|
36
Abbott
ABT
$175B
| $1.06B | 0.55% |
9,654,460
-798,598
| -8% | -$82.7M |
|
37
Eli Lilly
LLY
$1.06T
| $1.05B | 0.55% |
2,871,295
+430,847
| +18% | +$153M |
|
38
Alphabet (Google) Class C
GOOG
$3.89T
| $1.03B | 0.54% |
11,615,959
-1,704,611
| -13% | -$163M |
|
39
Johnson Controls International
JCI
$87.4B
| $1.02B | 0.53% |
15,966,131
-1,120,249
| -7% | -$68.5M |
|
|
40
Union Pacific
UNP
$181B
| $999M | 0.52% |
4,823,848
+1,480,557
| +44% | +$304M |
|
41
Walt Disney
DIS
$161B
| $963M | 0.5% |
11,088,258
-452,752
| -4% | -$43.3M |
|
42
Lockheed Martin
LMT
$131B
| $948M | 0.49% |
1,949,530
-525,767
| -21% | -$244M |
|
43
Accenture
ACN
$84.9B
| $936M | 0.49% |
3,506,684
-87,747
| -2% | -$24.3M |
|
44
Dominion Energy
D
$62.8B
| $928M | 0.48% |
15,136,136
+493,604
| +3% | +$31M |
|
45
Comcast
CMCSA
$78.3B
| $917M | 0.48% |
26,209,913
+3,897,893
| +17% | +$129M |
|
46
Blackrock
BLK
$161B
| $903M | 0.47% |
1,274,003
-41,794
| -3% | -$27.9M |
|
47
AstraZeneca
AZN
$261B
| $884M | 0.46% |
6,517,025
-1,867,869
| -22% | -$234M |
|
48
Intuitive Surgical
ISRG
$119B
| $852M | 0.44% |
3,211,779
-156,178
| -5% | -$38.1M |
|
49
Pfizer
PFE
$143B
| $851M | 0.44% |
16,601,084
-3,483,546
| -17% | -$167M |
|
50
McDonald's
MCD
$187B
| $850M | 0.44% |
3,226,644
-71,266
| -2% | -$18.8M |
|
Similar funds
Franklin Resources's Q4 2022 Portfolio in Review
As of Q4 2022, Franklin Resources held 2,432 positions worth $192B, up 4.8% from $184B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Franklin Resources withdrew a net $8.35B in Q4 2022, closing 103 positions and reducing 963 holdings. Its most notable exit was DTE Energy Company 2019 Corporate Units, an estimated $117M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Atlassian worth $324M.
- Franklin Resources's largest Q4 2022 buy was Atlassian: 2,518,971 shares worth $324M.
- Franklin Resources added most to JPMorgan Chase in Q4 2022, an estimated $414M increase.
- Franklin Resources's biggest Q4 2022 reduction was Bristol-Myers Squibb, cutting an estimated $449M.
- Franklin Resources fully exited DTE Energy Company 2019 Corporate Units in Q4 2022, selling an estimated $117M.
- Franklin Resources's ten largest holdings make up 15% of its $192B portfolio in Q4 2022.
- Franklin Resources opened 136 new positions and closed 103 in Q4 2022.
- Franklin Resources's portfolio value rose 4.8% quarter-over-quarter to $192B.
Based on Franklin Resources's 13F filing for Q4 2022, filed 10 Feb 2023.