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 | |
|---|---|---|---|---|---|---|
626
iShares MSCI USA Quality Factor ETF
QUAL
$45.8B
| $30.1M | 0.02% |
264,268
-99,899
| -27% | -$11.3M |
|
627
Idacorp
IDA
$8.23B
| $30M | 0.02% |
278,162
+201,244
| +262% | +$20.9M |
|
628
Hubbell
HUBB
$25.7B
| $29.9M | 0.02% |
127,518
+113,260
| +794% | +$27.2M |
|
629
Heron Therapeutics
HRTX
$86.3M
| $29.7M | 0.02% |
11,867,780
-15,398
| -0.1% | -$49.6K |
|
630
Kennametal
KMT
$2.68B
| $29.4M | 0.02% |
1,223,673
-112,313
| -8% | -$2.78M |
|
631
Apogee Enterprises
APOG
$850M
| $29.1M | 0.02% |
653,775
-665,965
| -50% | -$30M |
|
632
KB Financial Group
KB
$41.2B
| $29M | 0.02% |
749,024
-165
| -0% | -$5.96K |
|
633
Pliant Therapeutics
PLRX
$67.5M
| $28.8M | 0.02% |
1,489,444
-2,739
| -0.2% | -$57.3K |
|
634
Terreno Realty
TRNO
$7.68B
| $28.8M | 0.01% |
505,692
+3,125
| +0.6% | +$175K |
|
635
FedEx
FDX
$74.5B
| $28.5M | 0.01% |
164,791
+10,856
| +7% | +$1.8M |
|
636
Principal Financial Group
PFG
$23.6B
| $28.5M | 0.01% |
340,059
+303,168
| +822% | +$26M |
|
637
Mid-America Apartment Communities
MAA
$15.6B
| $28.5M | 0.01% |
181,465
+162,297
| +847% | +$25.3M |
|
638
Selective Insurance
SIGI
$5.74B
| $28.5M | 0.01% |
321,270
-206,880
| -39% | -$18.9M |
|
639
Hilton Grand Vacations
HGV
$3.84B
| $28.4M | 0.01% |
738,005
+2,178
| +0.3% | +$86.1K |
|
640
Privia Health
PRVA
$3.21B
| $28.3M | 0.01% |
1,245,971
+36,342
| +3% | +$1.01M |
|
641
Synchrony
SYF
$23.7B
| $28.3M | 0.01% |
860,969
+287,805
| +50% | +$9.86M |
|
642
CF Industries
CF
$19.2B
| $28.2M | 0.01% |
331,426
+19,848
| +6% | +$2.02M |
|
643
Baxter International
BAX
$11.6B
| $28.2M | 0.01% |
553,898
+482,575
| +677% | +$25.9M |
|
644
Cable One
CABO
$213M
| $28.1M | 0.01% |
39,465
-410
| -1% | -$306K |
|
|
FTCH
645
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $28.1M | 0.01% |
5,936,136
-1,720,046
| -22% | -$12M |
|
646
Aon
AON
$77.3B
| $27.7M | 0.01% |
92,283
+1,424
| +2% | +$416K |
|
647
VICI Properties
VICI
$29.4B
| $27.6M | 0.01% |
851,937
-625,273
| -42% | -$20.1M |
|
|
K
648
DELISTED
Kellanova
K
| $27.6M | 0.01% |
412,275
+58,525
| +17% | +$3.97M |
|
649
Kinder Morgan
KMI
$73.1B
| $27.5M | 0.01% |
1,522,253
-166,216
| -10% | -$2.99M |
|
650
L3Harris
LHX
$55.9B
| $27.5M | 0.01% |
132,022
+354
| +0.3% | +$79.8K |
|
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.