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 | |
|---|---|---|---|---|---|---|
26
United Parcel Service
UPS
$97.7B
| $1.22B | 0.61% |
6,283,299
-245,789
| -4% | -$45.1M |
|
27
PepsiCo
PEP
$186B
| $1.2B | 0.6% |
6,560,108
-101,220
| -2% | -$17.7M |
|
28
Eli Lilly
LLY
$1.07T
| $1.19B | 0.6% |
3,472,562
+601,267
| +21% | +$203M |
|
29
ExxonMobil
XOM
$650B
| $1.19B | 0.6% |
10,824,026
-2,661,980
| -20% | -$294M |
|
30
Intuit
INTU
$80.6B
| $1.19B | 0.6% |
2,661,731
-152,074
| -5% | -$62.4M |
|
31
Thermo Fisher Scientific
TMO
$208B
| $1.15B | 0.58% |
2,002,011
-10,471
| -0.5% | -$5.9M |
|
32
Honeywell
HON
$77B
| $1.14B | 0.57% |
6,342,012
-182,041
| -3% | -$34.2M |
|
33
Alphabet (Google) Class C
GOOG
$3.93T
| $1.13B | 0.56% |
10,822,972
-792,987
| -7% | -$76.6M |
|
34
Nike
NKE
$62.4B
| $1.12B | 0.56% |
9,099,953
-123,929
| -1% | -$15.2M |
|
35
Target
TGT
$62.3B
| $1.1B | 0.55% |
6,629,713
+1,317,219
| +25% | +$217M |
|
36
Southern Company
SO
$110B
| $1.07B | 0.54% |
15,428,181
+349,353
| +2% | +$23.5M |
|
37
Air Products & Chemicals
APD
$66.3B
| $1.07B | 0.54% |
3,733,606
-2,124
| -0.1% | -$620K |
|
38
Walt Disney
DIS
$167B
| $1.07B | 0.54% |
10,685,287
-402,971
| -4% | -$40.6M |
|
39
Bank of America
BAC
$436B
| $1.05B | 0.53% |
36,586,918
-139,387
| -0.4% | -$4.6M |
|
40
Morgan Stanley
MS
$338B
| $1.02B | 0.51% |
11,604,072
+1,950,523
| +20% | +$182M |
|
41
Comcast
CMCSA
$79.8B
| $977M | 0.49% |
25,768,032
-441,881
| -2% | -$16.7M |
|
42
Meta Platforms (Facebook)
META
$1.55T
| $965M | 0.48% |
4,553,237
-557,953
| -11% | -$95M |
|
|
43
Pfizer
PFE
$140B
| $951M | 0.48% |
23,312,698
+6,711,614
| +40% | +$290M |
|
44
Johnson Controls International
JCI
$88B
| $910M | 0.46% |
15,115,303
-850,828
| -5% | -$54.5M |
|
45
Lockheed Martin
LMT
$134B
| $899M | 0.45% |
1,901,722
-47,808
| -2% | -$22.4M |
|
46
Tesla
TSLA
$1.23T
| $897M | 0.45% |
4,322,651
-180,495
| -4% | -$31.5M |
|
47
McDonald's
MCD
$189B
| $888M | 0.45% |
3,174,616
-52,028
| -2% | -$13.9M |
|
48
ASML
ASML
$683B
| $874M | 0.44% |
1,284,000
+43,493
| +4% | +$27.9M |
|
49
Cisco
CSCO
$445B
| $865M | 0.43% |
16,541,456
+1,222,126
| +8% | +$59.7M |
|
50
Monolithic Power Systems
MPWR
$66.2B
| $855M | 0.43% |
1,707,607
+32,399
| +2% | +$14.9M |
|
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.