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 | |
|---|---|---|---|---|---|---|
551
LCI Industries
LCII
$2.51B
| $41.6M | 0.02% |
378,373
+231,338
| +157% | +$25.3M |
|
552
Netflix
NFLX
$292B
| $41.6M | 0.02% |
1,203,140
+710,120
| +144% | +$23.5M |
|
553
Phillips 66
PSX
$82.9B
| $41.5M | 0.02% |
409,755
+10,000
| +3% | +$1.02M |
|
554
Peoples Bancorp
PEBO
$1.45B
| $41.3M | 0.02% |
1,604,700
+53,805
| +3% | +$1.55M |
|
555
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.5B
| $41.3M | 0.02% |
693,600
+147,130
| +27% | +$8.74M |
|
556
Healthpeak Properties
DOC
$15.4B
| $41.1M | 0.02% |
1,868,562
+222,661
| +14% | +$5.52M |
|
557
LPL Financial
LPLA
$26.3B
| $41M | 0.02% |
202,708
-2,648
| -1% | -$605K |
|
558
Altria Group
MO
$122B
| $40.9M | 0.02% |
917,130
-136,985
| -13% | -$6.3M |
|
559
Kinder Morgan
KMI
$73.1B
| $40.9M | 0.02% |
2,336,153
+813,900
| +53% | +$14.5M |
|
560
Boot Barn
BOOT
$4.55B
| $40.9M | 0.02% |
533,444
-53,686
| -9% | -$4.12M |
|
561
Shoals Technologies Group
SHLS
$1.58B
| $40.9M | 0.02% |
1,792,672
+344,554
| +24% | +$8.5M |
|
562
Phreesia
PHR
$632M
| $40.7M | 0.02% |
1,261,078
-79,693
| -6% | -$2.8M |
|
563
Levi Strauss
LEVI
$9.44B
| $40.7M | 0.02% |
2,231,568
-468
| -0% | -$8.04K |
|
564
Match Group
MTCH
$8.84B
| $40.5M | 0.02% |
1,055,554
+215,942
| +26% | +$9.42M |
|
565
Blackstone
BX
$104B
| $40.4M | 0.02% |
459,996
-16,822
| -4% | -$1.49M |
|
566
Aon
AON
$77.3B
| $40.2M | 0.02% |
127,622
+35,339
| +38% | +$10.9M |
|
567
Camden National
CAC
$924M
| $40.1M | 0.02% |
1,108,014
+98,120
| +10% | +$3.96M |
|
568
Etsy
ETSY
$7.65B
| $39.7M | 0.02% |
356,890
+53,944
| +18% | +$6.69M |
|
|
NEE.PRR
569
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
| $39.6M | 0.02% |
855,158
+817,330
| +2,161% | +$39M |
|
|
INCE
570
Franklin Income Equity Focus ETF
INCE
$132M
| $39.6M | 0.02% |
840,713
-20,028
| -2% | -$935K |
|
571
Pliant Therapeutics
PLRX
$67.5M
| $39.6M | 0.02% |
1,489,201
-243
| -0% | -$6.92K |
|
572
Cigna
CI
$76.6B
| $39.5M | 0.02% |
154,774
-736
| -0.5% | -$214K |
|
573
Verisk Analytics
VRSK
$26.4B
| $39.5M | 0.02% |
205,944
-307
| -0.1% | -$55.6K |
|
574
B2Gold
BTG
$5.16B
| $39.4M | 0.02% |
9,977,116
+49,236
| +0.5% | +$183K |
|
575
MetLife
MET
$61B
| $39.4M | 0.02% |
679,299
-348,307
| -34% | -$23.5M |
|
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.