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 |
JPMorgan Chase
JPM
|
+$414M |
| 2 |
Atlassian
TEAM
|
+$401M |
| 3 |
Citigroup
C
|
+$305M |
| 4 |
Union Pacific
UNP
|
+$304M |
| 5 |
SIVB
SVB Financial Group
SIVB
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$449M |
| 2 |
Merck
MRK
|
+$436M |
| 3 |
IBM
IBM
|
+$406M |
| 4 |
MetLife
MET
|
+$368M |
| 5 |
Air Products & Chemicals
APD
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 16.37% |
| 3 | Financials | 11.35% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Vanguard S&P 500 ETF
VOO
$968B
| $33.9M | 0.02% |
96,412
-411,672
| -81% | -$145M |
|
602
Trip.com Group
TCOM
$27.5B
| $33.8M | 0.02% |
983,640
-421,665
| -30% | -$12.1M |
|
|
TPH
603
DELISTED
Tri Pointe Homes
TPH
| $33.7M | 0.02% |
1,814,554
-9,058
| -0.5% | -$158K |
|
604
Petco
WOOF
$745M
| $33.7M | 0.02% |
3,553,077
-4,172
| -0.1% | -$42.8K |
|
605
Allegiant Air
ALGT
$2.64B
| $33.6M | 0.02% |
494,768
+86,866
| +21% | +$6.34M |
|
606
Pinterest
PINS
$12.4B
| $33.6M | 0.02% |
1,385,160
+57,527
| +4% | +$1.37M |
|
|
RBCP
607
DELISTED
RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock
RBCP
| $33.5M | 0.02% |
326,108
-129,192
| -28% | -$14.3M |
|
|
MRTX
608
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $33.4M | 0.02% |
736,768
-723,425
| -50% | -$46.8M |
|
|
PXD
609
DELISTED
Pioneer Natural Resource Co.
PXD
| $33.1M | 0.02% |
144,864
-4,486
| -3% | -$1.09M |
|
|
DENN
610
DELISTED
Denny's
DENN
| $33M | 0.02% |
3,585,451
-2,034,999
| -36% | -$22M |
|
|
FBRT
611
Franklin BSP Realty Trust
FBRT
$601M
| $33M | 0.02% |
2,558,042
+398
| +0% | +$5.33K |
|
612
AngloGold Ashanti
AU
$40.3B
| $32.9M | 0.02% |
1,695,261
-221,091
| -12% | -$3.63M |
|
613
Dollar General
DG
$25.9B
| $32.2M | 0.02% |
130,885
+12,935
| +11% | +$3.2M |
|
614
Western Alliance Bancorporation
WAL
$9.07B
| $31.9M | 0.02% |
536,162
-2,177
| -0.4% | -$141K |
|
615
Diageo
DEO
$46.2B
| $31.8M | 0.02% |
178,502
-5,079
| -3% | -$891K |
|
616
The Mosaic Company
MOS
$7.09B
| $31.6M | 0.02% |
719,842
-17,764
| -2% | -$879K |
|
617
Granite Construction
GVA
$5.45B
| $31.5M | 0.02% |
899,240
-3,211
| -0.4% | -$105K |
|
618
FirstService
FSV
$6.32B
| $31.5M | 0.02% |
257,177
+233,145
| +970% | +$28.9M |
|
619
Simon Property Group
SPG
$74.5B
| $31.4M | 0.02% |
266,926
+85,616
| +47% | +$9.52M |
|
620
Commercial Metals
CMC
$7.63B
| $31.3M | 0.02% |
647,342
-269,972
| -29% | -$12.4M |
|
621
Targa Resources
TRGP
$60.4B
| $31.2M | 0.02% |
424,644
+98,096
| +30% | +$6.84M |
|
622
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.5B
| $30.9M | 0.02% |
546,470
-23,285
| -4% | -$1.25M |
|
623
Brunswick
BC
$5.19B
| $30.5M | 0.02% |
423,729
+336,315
| +385% | +$23.9M |
|
|
BDXB
624
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B
BDXB
| $30.4M | 0.02% |
606,920
+100
| +0% | +$4.82K |
|
625
Realty Income
O
$61.2B
| $30.3M | 0.02% |
477,743
-5,979
| -1% | -$371K |
|
Similar funds
Franklin Resources's Q4 2022 Portfolio in Review
As of Q4 2022, Franklin Resources held 2,432 positions worth $192B, up 4.8% from $184B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Franklin Resources withdrew a net $8.35B in Q4 2022, closing 103 positions and reducing 963 holdings. Its most notable exit was DTE Energy Company 2019 Corporate Units, an estimated $117M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Atlassian worth $324M.
- Franklin Resources's largest Q4 2022 buy was Atlassian: 2,518,971 shares worth $324M.
- Franklin Resources added most to JPMorgan Chase in Q4 2022, an estimated $414M increase.
- Franklin Resources's biggest Q4 2022 reduction was Bristol-Myers Squibb, cutting an estimated $449M.
- Franklin Resources fully exited DTE Energy Company 2019 Corporate Units in Q4 2022, selling an estimated $117M.
- Franklin Resources's ten largest holdings make up 15% of its $192B portfolio in Q4 2022.
- Franklin Resources opened 136 new positions and closed 103 in Q4 2022.
- Franklin Resources's portfolio value rose 4.8% quarter-over-quarter to $192B.
Based on Franklin Resources's 13F filing for Q4 2022, filed 10 Feb 2023.