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 | |
|---|---|---|---|---|---|---|
476
Kimberly-Clark
KMB
$36.4B
| $57.2M | 0.03% |
426,303
+34,287
| +9% | +$4.45M |
|
477
Rexford Industrial Realty
REXR
$8.7B
| $57.1M | 0.03% |
956,994
-30,946
| -3% | -$1.85M |
|
478
Manulife Financial
MFC
$72.6B
| $57M | 0.03% |
3,107,864
-602,357
| -16% | -$11.5M |
|
479
iShares Core US Aggregate Bond ETF
AGG
$138B
| $57M | 0.03% |
572,122
+9,643
| +2% | +$953K |
|
480
Spire
SR
$4.92B
| $56.4M | 0.03% |
804,595
-233,407
| -22% | -$16.5M |
|
481
Devon Energy
DVN
$51.9B
| $56.4M | 0.03% |
1,114,977
-40,530
| -4% | -$2.31M |
|
482
Performance Food Group
PFGC
$17.5B
| $56.1M | 0.03% |
930,529
+6,497
| +0.7% | +$380K |
|
483
OneSpaWorld
OSW
$2.67B
| $55.5M | 0.03% |
4,632,742
-300,537
| -6% | -$3.27M |
|
484
iShares Gold Trust
IAU
$63B
| $55.4M | 0.03% |
1,481,334
-115,441
| -7% | -$4.14M |
|
485
Darden Restaurants
DRI
$22.5B
| $55.3M | 0.03% |
356,418
+6,214
| +2% | +$919K |
|
486
Arthur J. Gallagher & Co
AJG
$63.7B
| $55.3M | 0.03% |
289,049
-19,062
| -6% | -$3.62M |
|
487
Franklin Responsibly Sourced Gold ETF
FGDL
$419M
| $55M | 0.03% |
+2,085,000
| New | +$52.8M |
|
488
TriCo Bancshares
TCBK
$1.85B
| $54.8M | 0.03% |
1,318,104
+176,611
| +15% | +$8.51M |
|
489
Benchmark Electronics
BHE
$2.91B
| $54.6M | 0.03% |
2,304,783
-780,837
| -25% | -$19.8M |
|
490
Banco Santander Chile
BSAC
$15.8B
| $54.4M | 0.03% |
3,049,345
| – | – |
|
491
Allegion
ALLE
$13B
| $53.7M | 0.03% |
503,483
+4,484
| +0.9% | +$503K |
|
492
Avery Dennison
AVY
$12.3B
| $53.6M | 0.03% |
299,649
-8,747
| -3% | -$1.59M |
|
493
O'Reilly Automotive
ORLY
$72.4B
| $53.4M | 0.03% |
944,175
-228,180
| -19% | -$12.5M |
|
|
HES
494
DELISTED
Hess
HES
| $52.6M | 0.03% |
397,497
+783
| +0.2% | +$109K |
|
495
Waste Management
WM
$95.9B
| $52.6M | 0.03% |
322,392
-1,616
| -0.5% | -$248K |
|
496
Children's Place
PLCE
$53.6M
| $52.4M | 0.03% |
1,302,787
-6,123
| -0.5% | -$252K |
|
497
Emerson Electric
EMR
$82.9B
| $51.7M | 0.03% |
593,608
-8,697
| -1% | -$760K |
|
498
STAG Industrial
STAG
$7.86B
| $51.4M | 0.03% |
1,519,211
+23,173
| +2% | +$790K |
|
499
GlobalFoundries
GFS
$29.4B
| $51M | 0.03% |
706,176
-486
| -0.1% | -$30.7K |
|
500
Vanguard Value ETF
VTV
$189B
| $51M | 0.03% |
368,984
-16,188
| -4% | -$2.27M |
|
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.