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 | |
|---|---|---|---|---|---|---|
601
German American Bancorp
GABC
$1.82B
| $34M | 0.02% |
1,018,561
+4,205
| +0.4% | +$156K |
|
602
Wingstop
WING
$3.68B
| $33.5M | 0.02% |
182,705
-195
| -0.1% | -$32K |
|
603
iShares National Muni Bond ETF
MUB
$45.1B
| $33.5M | 0.02% |
310,594
+205,869
| +197% | +$22M |
|
604
Trip.com Group
TCOM
$27.5B
| $33.4M | 0.02% |
887,886
-95,754
| -10% | -$3.56M |
|
605
Petco
WOOF
$745M
| $33.3M | 0.02% |
3,697,937
+144,860
| +4% | +$1.5M |
|
606
Terreno Realty
TRNO
$7.68B
| $32.7M | 0.02% |
506,175
+483
| +0.1% | +$30.2K |
|
607
Alnylam Pharmaceuticals
ALNY
$36.3B
| $32.2M | 0.02% |
160,795
-50
| -0% | -$10.5K |
|
608
Omnicom Group
OMC
$22.7B
| $32.1M | 0.02% |
340,610
+61,402
| +22% | +$5.44M |
|
609
Tencent Music
TME
$14.5B
| $32.1M | 0.02% |
3,878,004
-1,327,362
| -25% | -$10.9M |
|
610
Targa Resources
TRGP
$60.4B
| $32.1M | 0.02% |
439,827
+15,183
| +4% | +$1.12M |
|
611
Diageo
DEO
$46.2B
| $31.9M | 0.02% |
175,865
-2,637
| -1% | -$465K |
|
|
BECN
612
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $31.8M | 0.02% |
541,162
-245,567
| -31% | -$14.4M |
|
613
Commercial Metals
CMC
$7.63B
| $31.8M | 0.02% |
649,636
+2,294
| +0.4% | +$119K |
|
614
Zurn Elkay Water Solutions
ZWS
$8.07B
| $31.7M | 0.02% |
+1,485,266
| New | +$32.7M |
|
615
Aflac
AFL
$63.9B
| $31.6M | 0.02% |
489,727
+4,597
| +0.9% | +$315K |
|
616
ON Semiconductor
ON
$33.8B
| $31.6M | 0.02% |
383,530
-45,009
| -11% | -$3.42M |
|
617
Capri Holdings
CPRI
$1.77B
| $31.4M | 0.02% |
668,557
+663,164
| +12,297% | +$35.6M |
|
618
Steven Madden
SHOO
$3.12B
| $30.8M | 0.02% |
854,193
-1,235
| -0.1% | -$42.8K |
|
619
Simon Property Group
SPG
$74.5B
| $30.7M | 0.02% |
274,038
+7,112
| +3% | +$849K |
|
620
LyondellBasell Industries
LYB
$19.5B
| $30.5M | 0.02% |
325,089
-2,053,375
| -86% | -$191M |
|
|
FBRT
621
Franklin BSP Realty Trust
FBRT
$601M
| $30.5M | 0.02% |
2,558,185
+143
| +0% | +$1.92K |
|
622
Selective Insurance
SIGI
$5.74B
| $30.5M | 0.02% |
319,431
-1,839
| -0.6% | -$176K |
|
|
KDNY
623
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $30.4M | 0.02% |
+1,312,158
| New | +$31.3M |
|
624
Wynn Resorts
WYNN
$10.1B
| $30.3M | 0.02% |
270,591
-40,448
| -13% | -$4.23M |
|
|
BDXB
625
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
| $30.2M | 0.02% |
606,920
| – | – |
|
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.