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 | |
|---|---|---|---|---|---|---|
26
Stryker
SYK
$122B
| $1.42B | 0.68% |
4,656,405
+25,131
| +0.5% | +$7.26M |
|
27
Procter & Gamble
PG
$342B
| $1.41B | 0.67% |
9,265,103
-176,274
| -2% | -$26.6M |
|
28
RTX Corp
RTX
$282B
| $1.41B | 0.67% |
14,345,757
-2,069,792
| -13% | -$203M |
|
29
United Parcel Service
UPS
$97B
| $1.39B | 0.66% |
7,740,369
+1,457,070
| +23% | +$259M |
|
30
Franklin US Core Bond ETF
FLCB
$3.01B
| $1.33B | 0.63% |
62,177,298
+1,941,786
| +3% | +$41.9M |
|
|
31
Union Pacific
UNP
$181B
| $1.27B | 0.6% |
6,215,626
+2,288,329
| +58% | +$455M |
|
32
Intuit
INTU
$77B
| $1.22B | 0.58% |
2,657,510
-4,221
| -0.2% | -$1.85M |
|
33
PepsiCo
PEP
$184B
| $1.2B | 0.57% |
6,490,065
-70,043
| -1% | -$13.1M |
|
|
34
Target
TGT
$61.1B
| $1.18B | 0.56% |
8,973,381
+2,343,668
| +35% | +$348M |
|
35
Tesla
TSLA
$1.26T
| $1.17B | 0.56% |
4,483,654
+161,003
| +4% | +$32.2M |
|
36
Meta Platforms (Facebook)
META
$1.54T
| $1.13B | 0.54% |
3,954,379
-598,858
| -13% | -$148M |
|
37
Southern Company
SO
$109B
| $1.13B | 0.54% |
16,070,918
+642,737
| +4% | +$46.1M |
|
38
Air Products & Chemicals
APD
$65.5B
| $1.09B | 0.52% |
3,633,038
-100,568
| -3% | -$28.6M |
|
39
Intuitive Surgical
ISRG
$119B
| $1.05B | 0.5% |
3,064,297
-161,135
| -5% | -$48.8M |
|
40
Thermo Fisher Scientific
TMO
$213B
| $1.05B | 0.5% |
2,007,686
+5,675
| +0.3% | +$3.06M |
|
41
Nike
NKE
$60.8B
| $992M | 0.47% |
8,985,472
-114,481
| -1% | -$13.4M |
|
42
ASML
ASML
$693B
| $983M | 0.47% |
1,356,259
+72,259
| +6% | +$49.1M |
|
43
Johnson Controls International
JCI
$87.4B
| $982M | 0.47% |
14,404,889
-710,414
| -5% | -$43.7M |
|
44
Walt Disney
DIS
$161B
| $977M | 0.46% |
10,937,837
+252,550
| +2% | +$23.9M |
|
45
Monolithic Power Systems
MPWR
$68.6B
| $974M | 0.46% |
1,803,714
+96,107
| +6% | +$45.7M |
|
46
AbbVie
ABBV
$454B
| $959M | 0.46% |
7,121,205
-961,754
| -12% | -$141M |
|
47
Salesforce
CRM
$129B
| $958M | 0.46% |
4,536,183
+280,905
| +7% | +$57.3M |
|
48
Morgan Stanley
MS
$338B
| $955M | 0.45% |
11,187,375
-416,697
| -4% | -$35.6M |
|
49
McDonald's
MCD
$187B
| $954M | 0.45% |
3,196,739
+22,123
| +0.7% | +$6.43M |
|
50
Accenture
ACN
$84.9B
| $901M | 0.43% |
2,919,114
+13,797
| +0.5% | +$4.01M |
|
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.