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 | |
|---|---|---|---|---|---|---|
501
O'Reilly Automotive
ORLY
$72.4B
| $49.5M | 0.03% |
1,055,145
+45,450
| +5% | +$2.12M |
|
502
Southwest Gas
SWX
$6.74B
| $49M | 0.03% |
703,072
+232
| +0% | +$18.8K |
|
503
Bio-Techne
TECH
$11.2B
| $48.7M | 0.03% |
685,816
-413,484
| -38% | -$35.7M |
|
504
General Mills
GIS
$19.2B
| $48.6M | 0.03% |
634,726
+68,627
| +12% | +$5.23M |
|
505
Altria Group
MO
$122B
| $48.4M | 0.03% |
1,198,590
-3,203,030
| -73% | -$140M |
|
506
Hershey
HSY
$35.4B
| $48.4M | 0.03% |
219,395
-48,426
| -18% | -$10.9M |
|
507
ICICI Bank
IBN
$106B
| $48M | 0.03% |
2,287,089
+333,453
| +17% | +$7.04M |
|
508
CNO Financial Group
CNO
$4.97B
| $47.9M | 0.03% |
2,666,528
-629,446
| -19% | -$11.7M |
|
509
Delta Air Lines
DAL
$55.9B
| $47.5M | 0.03% |
1,691,405
+99,464
| +6% | +$3.16M |
|
510
The Greenbrier Companies
GBX
$1.61B
| $47.4M | 0.03% |
1,953,982
-1,423,898
| -42% | -$42.9M |
|
|
RBCP
511
DELISTED
RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock
RBCP
| $47.3M | 0.03% |
455,300
-196,350
| -30% | -$22.4M |
|
512
Quest Diagnostics
DGX
$25.1B
| $47.3M | 0.03% |
385,656
+894
| +0.2% | +$118K |
|
513
RBC Bearings
RBC
$18.8B
| $47.3M | 0.03% |
227,484
-19,294
| -8% | -$4.44M |
|
514
LegalZoom.com
LZ
$1.23B
| $47.2M | 0.03% |
5,505,262
-420,037
| -7% | -$4.35M |
|
515
Match Group
MTCH
$8.84B
| $47.1M | 0.03% |
986,629
-345,059
| -26% | -$21.7M |
|
516
Franklin US Low Volatility High Dividend Index ETF
LVHD
$635M
| $46.8M | 0.03% |
1,370,413
+1,190,280
| +661% | +$45.2M |
|
517
M/I Homes
MHO
$3.83B
| $46.8M | 0.03% |
1,291,898
-22,956
| -2% | -$991K |
|
|
TXNM
518
TXNM Energy Inc
TXNM
$6.47B
| $46.4M | 0.03% |
1,014,595
+156
| +0% | +$7.42K |
|
519
iShares National Muni Bond ETF
MUB
$45.1B
| $46.4M | 0.03% |
451,840
+150,152
| +50% | +$16M |
|
520
Vanguard Value ETF
VTV
$189B
| $45.9M | 0.03% |
371,961
+130,182
| +54% | +$17.6M |
|
521
Arcosa
ACA
$7.12B
| $45.6M | 0.02% |
797,579
-164,784
| -17% | -$9.13M |
|
522
Allegion
ALLE
$13B
| $45.1M | 0.02% |
503,447
-3,379
| -0.7% | -$335K |
|
|
ALEX
523
DELISTED
Alexander & Baldwin
ALEX
| $45M | 0.02% |
2,716,757
+290,842
| +12% | +$5.35M |
|
524
Peoples Bancorp
PEBO
$1.45B
| $45M | 0.02% |
1,553,838
+196,985
| +15% | +$5.8M |
|
525
Freshworks
FRSH
$2.84B
| $44.6M | 0.02% |
3,441,787
+17,665
| +0.5% | +$250K |
|
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.