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 |
Union Pacific
UNP
|
+$455M |
| 2 |
Comcast
CMCSA
|
+$393M |
| 3 |
Bank of America
BAC
|
+$387M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$352M |
| 5 |
Target
TGT
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
T-Mobile US
TMUS
|
+$403M |
| 2 |
CoStar Group
CSGP
|
+$348M |
| 3 |
ExxonMobil
XOM
|
+$320M |
| 4 |
Wells Fargo
WFC
|
+$260M |
| 5 |
Microsoft
MSFT
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.87% |
| 2 | Healthcare | 15.43% |
| 3 | Financials | 10.44% |
| 4 | Industrials | 9.86% |
| 5 | Consumer Discretionary | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BECN
551
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $42.9M | 0.02% |
517,009
-24,153
| -4% | -$1.6M |
|
552
Franklin Dynamic Municipal Bond ETF
FLMI
$2.27B
| $42.8M | 0.02% |
1,792,527
+1,606
| +0.1% | +$38.3K |
|
|
PYCR
553
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $42.8M | 0.02% |
1,808,409
+20,840
| +1% | +$486K |
|
554
Blackstone
BX
$104B
| $42.7M | 0.02% |
459,389
-607
| -0.1% | -$52.4K |
|
555
Evercore
EVR
$13.1B
| $42.5M | 0.02% |
343,728
+15,797
| +5% | +$1.82M |
|
|
TPH
556
DELISTED
Tri Pointe Homes
TPH
| $42.1M | 0.02% |
1,280,330
-230,491
| -15% | -$6.75M |
|
|
CTRA
557
DELISTED
Coterra Energy
CTRA
| $41.9M | 0.02% |
1,657,572
-84,407
| -5% | -$2.1M |
|
|
MRUS
558
DELISTED
Merus
MRUS
| $41.9M | 0.02% |
1,592,258
+1,193
| +0.1% | +$26.1K |
|
559
Huntsman Corp
HUN
$2.24B
| $41.9M | 0.02% |
1,549,851
-310,966
| -17% | -$8.08M |
|
|
SABA
560
Saba Capital Income & Opportunities Fund II
SABA
$220M
| $41.4M | 0.02% |
4,995,294
| – | – |
|
561
Vail Resorts
MTN
$5.19B
| $41.1M | 0.02% |
163,416
-2,097
| -1% | -$511K |
|
562
FirstService
FSV
$6.32B
| $40.1M | 0.02% |
260,724
+8,419
| +3% | +$1.22M |
|
563
IDEX
IEX
$16.5B
| $40M | 0.02% |
185,665
-21,541
| -10% | -$4.53M |
|
564
Shoals Technologies Group
SHLS
$1.58B
| $39.7M | 0.02% |
1,551,299
-241,373
| -13% | -$5.58M |
|
565
Fortinet
FTNT
$112B
| $39.6M | 0.02% |
524,320
-27,125
| -5% | -$1.84M |
|
566
LiveRamp
RAMP
$2.29B
| $39.4M | 0.02% |
1,379,797
+255,128
| +23% | +$6.33M |
|
567
FedEx
FDX
$74.5B
| $39.2M | 0.02% |
158,326
+38,935
| +33% | +$8.91M |
|
568
Phreesia
PHR
$632M
| $39.1M | 0.02% |
1,259,994
-1,084
| -0.1% | -$33.9K |
|
569
Wingstop
WING
$3.68B
| $38.5M | 0.02% |
192,462
+9,757
| +5% | +$1.91M |
|
|
INCE
570
Franklin Income Equity Focus ETF
INCE
$132M
| $38.2M | 0.02% |
780,713
-60,000
| -7% | -$2.84M |
|
571
Builders FirstSource
BLDR
$7.84B
| $38M | 0.02% |
279,187
+108,081
| +63% | +$12M |
|
572
Franklin Short Duration US Government ETF
FTSD
$300M
| $38M | 0.02% |
424,348
-37,803
| -8% | -$3.4M |
|
573
Wolfspeed
WOLF
$1.2B
| $37.6M | 0.02% |
676,952
+137,352
| +25% | +$7M |
|
574
Vaxcyte
PCVX
$7.89B
| $37.6M | 0.02% |
752,399
+36,160
| +5% | +$1.71M |
|
575
Phillips 66
PSX
$82.9B
| $37.4M | 0.02% |
392,053
-17,702
| -4% | -$1.72M |
|
Similar funds
Franklin Resources's Q2 2023 Portfolio in Review
As of Q2 2023, Franklin Resources held 2,805 positions worth $210B, up 5.6% from $199B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Franklin Resources's Q2 2023 filing shows 498 new, 1,216 increased, 722 reduced and 82 closed positions. Its largest new stake was Ferguson: 2,322,434 shares worth $365M. The largest sale was T-Mobile US, an estimated $403M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2023 buy was Ferguson: 2,322,434 shares worth $365M.
- Franklin Resources added most to Union Pacific in Q2 2023, an estimated $455M increase.
- Franklin Resources's biggest Q2 2023 reduction was T-Mobile US, cutting an estimated $403M.
- Franklin Resources fully exited Arconic Corporation in Q2 2023, selling an estimated $114M.
- Franklin Resources's ten largest holdings make up 17% of its $210B portfolio in Q2 2023.
- Franklin Resources opened 498 new positions and closed 82 in Q2 2023.
- Franklin Resources's portfolio value rose 5.6% quarter-over-quarter to $210B.
Based on Franklin Resources's 13F filing for Q2 2023, filed 11 Aug 2023.