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 | |
|---|---|---|---|---|---|---|
526
Allegiant Air
ALGT
$2.64B
| $45.9M | 0.02% |
499,310
+4,542
| +0.9% | +$408K |
|
|
DAWN
527
DELISTED
Day One Biopharmaceuticals
DAWN
| $45.5M | 0.02% |
3,406,871
+934,022
| +38% | +$18.2M |
|
528
Freshworks
FRSH
$2.84B
| $45.4M | 0.02% |
2,954,993
-386,854
| -12% | -$5.86M |
|
529
Matador Resources
MTDR
$6.31B
| $45.4M | 0.02% |
952,107
+326,909
| +52% | +$18.4M |
|
|
PTRA
530
DELISTED
Proterra Inc. Common Stock
PTRA
| $45.1M | 0.02% |
29,698,049
-992,845
| -3% | -$3.73M |
|
531
Red Rock Resorts
RRR
$3.74B
| $44.9M | 0.02% |
1,006,966
-104,786
| -9% | -$4.63M |
|
532
Saia
SAIA
$11.3B
| $44.9M | 0.02% |
164,892
-173,633
| -51% | -$46.3M |
|
533
Ashland
ASH
$3.04B
| $44.7M | 0.02% |
435,690
-1,252,504
| -74% | -$130M |
|
534
Kroger
KR
$34.8B
| $44.6M | 0.02% |
903,966
-273,161
| -23% | -$12.5M |
|
535
Church & Dwight Co
CHD
$23.1B
| $44.2M | 0.02% |
499,796
-3,395
| -0.7% | -$283K |
|
|
SABA
536
Saba Capital Income & Opportunities Fund II
SABA
$220M
| $44M | 0.02% |
4,995,294
| – | – |
|
537
Atlantic Union Bankshares
AUB
$5.99B
| $43.8M | 0.02% |
1,248,935
-1,811,246
| -59% | -$67M |
|
538
Owens Corning
OC
$11.5B
| $43.7M | 0.02% |
456,155
-63,929
| -12% | -$6.05M |
|
539
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.74B
| $43.6M | 0.02% |
1,725,000
+740,000
| +75% | +$18.4M |
|
540
ICF International
ICFI
$1.44B
| $43.4M | 0.02% |
395,426
-133,893
| -25% | -$13.9M |
|
541
Berkshire Hathaway Class A
BRK.A
$1.07T
| $43.3M | 0.02% |
93
-4
| -4% | -$1.87M |
|
542
Franklin Dynamic Municipal Bond ETF
FLMI
$2.27B
| $42.8M | 0.02% |
1,790,921
+149,999
| +9% | +$3.57M |
|
|
CTRA
543
DELISTED
Coterra Energy
CTRA
| $42.7M | 0.02% |
1,741,979
-163,640
| -9% | -$4.02M |
|
|
SEE
544
DELISTED
Sealed Air
SEE
| $42.7M | 0.02% |
930,482
+3,723
| +0.4% | +$185K |
|
545
Houlihan Lokey
HLI
$9.68B
| $42.6M | 0.02% |
486,772
-23,490
| -5% | -$2.21M |
|
546
McKesson
MCK
$98.5B
| $42.2M | 0.02% |
118,519
-37,333
| -24% | -$13.5M |
|
547
The Greenbrier Companies
GBX
$1.61B
| $42.1M | 0.02% |
1,308,368
-1,025,662
| -44% | -$31M |
|
|
ISEE
548
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $41.9M | 0.02% |
1,721,798
+10,895
| +0.6% | +$239K |
|
549
Franklin Short Duration US Government ETF
FTSD
$300M
| $41.8M | 0.02% |
462,151
-15,649
| -3% | -$1.41M |
|
|
SKX
550
DELISTED
Skechers
SKX
| $41.7M | 0.02% |
878,295
-19,281
| -2% | -$873K |
|
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.