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 | |
|---|---|---|---|---|---|---|
576
Avient
AVNT
$3.45B
| $37.1M | 0.02% |
1,225,638
-1,768,497
| -59% | -$73.3M |
|
577
Cohu
COHU
$2.39B
| $37M | 0.02% |
1,433,937
-369,914
| -21% | -$10.3M |
|
578
Phreesia
PHR
$632M
| $36.4M | 0.02% |
1,429,087
+26,079
| +2% | +$651K |
|
579
German American Bancorp
GABC
$1.82B
| $36.3M | 0.02% |
1,016,934
+48
| +0% | +$1.77K |
|
580
CTS Corp
CTS
$1.72B
| $35.9M | 0.02% |
862,509
+42
| +0% | +$1.69K |
|
|
INCE
581
Franklin Income Equity Focus ETF
INCE
$132M
| $35.8M | 0.02% |
860,744
+168
| +0% | +$7.68K |
|
582
Church & Dwight Co
CHD
$23.1B
| $35.7M | 0.02% |
500,232
-8,967
| -2% | -$774K |
|
583
The Mosaic Company
MOS
$7.09B
| $35.6M | 0.02% |
737,606
+242,381
| +49% | +$12.5M |
|
584
NCR Voyix
VYX
$1.06B
| $35.5M | 0.02% |
3,044,421
+529,611
| +21% | +$9.72M |
|
585
Brookfield Renewable
BEPC
$6.12B
| $35.5M | 0.02% |
1,087,653
-50,340
| -4% | -$1.94M |
|
586
Western Alliance Bancorporation
WAL
$9.07B
| $35.4M | 0.02% |
538,339
+6,444
| +1% | +$488K |
|
587
TransUnion
TRU
$14.8B
| $35M | 0.02% |
588,944
-721,941
| -55% | -$55.5M |
|
588
Avantor
AVTR
$7.81B
| $34.5M | 0.02% |
1,762,572
-1,842,525
| -51% | -$49.4M |
|
589
Boot Barn
BOOT
$4.55B
| $34.5M | 0.02% |
590,172
+229,489
| +64% | +$15.4M |
|
590
Liberty Energy
LBRT
$2.83B
| $34.4M | 0.02% |
2,715,608
+1,083,326
| +66% | +$14.6M |
|
591
MGM Resorts International
MGM
$11.7B
| $34.4M | 0.02% |
1,156,243
+1,230
| +0.1% | +$40K |
|
592
GlobalFoundries
GFS
$29.4B
| $34.2M | 0.02% |
706,564
-560
| -0.1% | -$30.1K |
|
593
Arthur J. Gallagher & Co
AJG
$63.7B
| $34.2M | 0.02% |
199,500
-12,717
| -6% | -$2.26M |
|
594
Cable One
CABO
$213M
| $34M | 0.02% |
39,875
-10,296
| -21% | -$12.7M |
|
|
HES
595
DELISTED
Hess
HES
| $33.5M | 0.02% |
307,636
+72,773
| +31% | +$8.07M |
|
596
B2Gold
BTG
$5.16B
| $33.4M | 0.02% |
10,398,155
-162,677
| -2% | -$536K |
|
|
SKX
597
DELISTED
Skechers
SKX
| $33.3M | 0.02% |
1,048,245
-963,975
| -48% | -$36.1M |
|
598
AvalonBay Communities
AVB
$27.1B
| $33.1M | 0.02% |
179,710
-2,368
| -1% | -$478K |
|
599
PayPal
PYPL
$49.5B
| $33M | 0.02% |
382,817
-234,826
| -38% | -$20.8M |
|
600
AAR Corp
AIR
$5.15B
| $32.8M | 0.02% |
916,499
+12,098
| +1% | +$515K |
|
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.