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 | |
|---|---|---|---|---|---|---|
526
Globant
GLOB
$1.35B
| $46.3M | 0.02% |
275,609
+516
| +0.2% | +$91.3K |
|
527
Guardant Health
GH
$19.5B
| $46.2M | 0.02% |
1,700,194
-1,261,202
| -43% | -$57.7M |
|
|
SEE
528
DELISTED
Sealed Air
SEE
| $46.2M | 0.02% |
926,759
+1,576
| +0.2% | +$76.9K |
|
529
OneSpaWorld
OSW
$2.67B
| $46M | 0.02% |
4,933,279
-139,497
| -3% | -$1.32M |
|
530
eBay
EBAY
$48.6B
| $45.7M | 0.02% |
1,101,642
-5,435,508
| -83% | -$225M |
|
531
Berkshire Hathaway Class A
BRK.A
$1.07T
| $45.5M | 0.02% |
97
+2
| +2% | +$898K |
|
532
Liberty Energy
LBRT
$2.83B
| $45.2M | 0.02% |
2,820,166
+104,558
| +4% | +$1.66M |
|
533
Red Rock Resorts
RRR
$3.74B
| $44.5M | 0.02% |
1,111,752
-69,108
| -6% | -$2.84M |
|
534
Houlihan Lokey
HLI
$9.68B
| $44.5M | 0.02% |
510,262
-1,834
| -0.4% | -$165K |
|
535
Washington Trust Bancorp
WASH
$732M
| $44.4M | 0.02% |
941,447
-11,682
| -1% | -$562K |
|
536
LPL Financial
LPLA
$26.3B
| $44.4M | 0.02% |
205,356
+108,645
| +112% | +$25.4M |
|
537
Flywire
FLYW
$1.96B
| $44.4M | 0.02% |
1,813,586
+57,707
| +3% | +$1.24M |
|
538
Owens Corning
OC
$11.5B
| $44.4M | 0.02% |
520,084
-3,754
| -0.7% | -$329K |
|
|
RVNC
539
DELISTED
Revance Therapeutics, Inc.
RVNC
| $44M | 0.02% |
2,384,590
-1,428
| -0.1% | -$32.7K |
|
540
Peoples Bancorp
PEBO
$1.45B
| $43.8M | 0.02% |
1,550,895
-2,943
| -0.2% | -$86.6K |
|
|
NVO
541
Novo Nordisk
NVO
$216B
| $43.6M | 0.02% |
644,388
-5,292
| -0.8% | -$310K |
|
542
Southwest Gas
SWX
$6.74B
| $43.5M | 0.02% |
703,599
+527
| +0.1% | +$35.8K |
|
|
PYCR
543
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $43.4M | 0.02% |
1,775,213
-9,214
| -0.5% | -$255K |
|
544
Phreesia
PHR
$632M
| $43.4M | 0.02% |
1,340,771
-88,316
| -6% | -$2.4M |
|
|
SABA
545
Saba Capital Income & Opportunities Fund II
SABA
$220M
| $43.3M | 0.02% |
4,995,294
+2,083,693
| +72% | +$17.5M |
|
546
Arcosa
ACA
$7.12B
| $43.2M | 0.02% |
794,922
-2,657
| -0.3% | -$158K |
|
547
Tencent Music
TME
$14.5B
| $43.1M | 0.02% |
5,205,366
-5,424,278
| -51% | -$30.5M |
|
548
Franklin Short Duration US Government ETF
FTSD
$300M
| $42.7M | 0.02% |
477,800
-83,707
| -15% | -$7.49M |
|
549
Citizens Financial Group
CFG
$30.4B
| $42.7M | 0.02% |
1,084,155
-88,060
| -8% | -$3.44M |
|
550
FIGS
FIGS
$1.59B
| $42.5M | 0.02% |
6,321,172
-11,952
| -0.2% | -$86K |
|
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.