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 | |
|---|---|---|---|---|---|---|
|
TIXT
551
DELISTED
TELUS International
TIXT
| $41M | 0.02% |
1,567,752
-48,045
| -3% | -$1.37M |
|
552
Red Rock Resorts
RRR
$3.74B
| $40.5M | 0.02% |
1,180,860
+15,287
| +1% | +$580K |
|
553
Children's Place
PLCE
$53.6M
| $40.4M | 0.02% |
1,307,324
+157
| +0% | +$6.6K |
|
554
Flywire
FLYW
$1.96B
| $40.3M | 0.02% |
1,755,879
+74,586
| +4% | +$1.78M |
|
555
Kimberly-Clark
KMB
$36.4B
| $40.3M | 0.02% |
358,028
+52,360
| +17% | +$6.81M |
|
556
Citizens Financial Group
CFG
$30.4B
| $40.3M | 0.02% |
1,172,215
+160,657
| +16% | +$5.94M |
|
557
Pinnacle Financial Partners Inc
PNFP
$15.5B
| $40.2M | 0.02% |
495,819
-18,761
| -4% | -$1.5M |
|
558
Simply Good Foods
SMPL
$904M
| $39.8M | 0.02% |
1,243,168
+109,471
| +10% | +$3.59M |
|
559
Petco
WOOF
$745M
| $39.7M | 0.02% |
3,557,249
+27,016
| +0.8% | +$395K |
|
560
Generac Holdings
GNRC
$11.9B
| $38.9M | 0.02% |
218,529
-26,017
| -11% | -$5.96M |
|
561
PNC Financial Services
PNC
$100B
| $38.9M | 0.02% |
260,470
+19,474
| +8% | +$3.15M |
|
562
Berkshire Hathaway Class A
BRK.A
$1.07T
| $38.6M | 0.02% |
95
-1
| -1% | -$428K |
|
563
Houlihan Lokey
HLI
$9.68B
| $38.6M | 0.02% |
512,096
+5,854
| +1% | +$474K |
|
564
Cigna
CI
$76.6B
| $38.5M | 0.02% |
138,858
+12,580
| +10% | +$3.54M |
|
565
Shift4
FOUR
$3.84B
| $38.5M | 0.02% |
862,841
+10,958
| +1% | +$460K |
|
566
Trip.com Group
TCOM
$27.5B
| $38.4M | 0.02% |
1,405,305
+1,717
| +0.1% | +$45K |
|
567
Adient
ADNT
$1.6B
| $38.2M | 0.02% |
1,375,924
+252,385
| +22% | +$8.19M |
|
568
Healthpeak Properties
DOC
$15.4B
| $38M | 0.02% |
1,656,749
-945
| -0.1% | -$25K |
|
569
Cushman & Wakefield Ltd
CWK
$2.98B
| $37.9M | 0.02% |
3,312,704
+37,125
| +1% | +$560K |
|
570
iShares MSCI USA Quality Factor ETF
QUAL
$45.8B
| $37.9M | 0.02% |
364,167
+13,117
| +4% | +$1.53M |
|
|
DOOR
571
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $37.8M | 0.02% |
530,853
+86,500
| +19% | +$7.19M |
|
572
BioMarin Pharmaceuticals
BMRN
$11.5B
| $37.8M | 0.02% |
445,726
+2,536
| +0.6% | +$226K |
|
573
Baidu
BIDU
$35.8B
| $37.6M | 0.02% |
320,286
-12,498
| -4% | -$1.71M |
|
574
Franklin Dynamic Municipal Bond ETF
FLMI
$2.27B
| $37.3M | 0.02% |
1,640,911
-1
| -0% | -$24 |
|
575
Sea Limited
SE
$61.2B
| $37.3M | 0.02% |
665,475
-594,823
| -47% | -$41.4M |
|
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.