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 | |
|---|---|---|---|---|---|---|
|
K
626
DELISTED
Kellanova
K
| $30M | 0.02% |
476,796
+64,521
| +16% | +$4.08M |
|
627
Nextpower Inc
NXT
$15.2B
| $29.9M | 0.02% |
+824,943
| New | +$26.1M |
|
628
Paymentus
PAY
$3.63B
| $29.6M | 0.01% |
3,345,049
+5,688
| +0.2% | +$48K |
|
|
RXDX
629
DELISTED
Prometheus Biosciences, Inc. Common Stock
RXDX
| $29.4M | 0.01% |
273,810
-188,038
| -41% | -$21.6M |
|
630
Boyd Gaming
BYD
$6.47B
| $29.3M | 0.01% |
457,139
-10,435
| -2% | -$646K |
|
|
MRUS
631
DELISTED
Merus
MRUS
| $29.3M | 0.01% |
1,591,065
+505
| +0% | +$8.8K |
|
632
Citizens Financial Group
CFG
$30.4B
| $29M | 0.01% |
953,400
-130,755
| -12% | -$5.12M |
|
633
Hewlett Packard
HPE
$63.2B
| $28.9M | 0.01% |
1,815,641
+884,337
| +95% | +$13.9M |
|
634
Nucor
NUE
$56.4B
| $28.9M | 0.01% |
187,188
-72,144
| -28% | -$11.5M |
|
635
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.36B
| $28.6M | 0.01% |
678,311
+217,902
| +47% | +$9.49M |
|
636
iShares Russell 3000 ETF
IWV
$19.5B
| $28.6M | 0.01% |
121,542
+1,269
| +1% | +$293K |
|
637
Kennametal
KMT
$2.68B
| $28.5M | 0.01% |
1,032,010
-191,663
| -16% | -$5.29M |
|
638
Wheaton Precious Metals
WPM
$50.6B
| $28.4M | 0.01% |
589,103
-331,455
| -36% | -$14.5M |
|
639
10x Genomics
TXG
$5.87B
| $28.1M | 0.01% |
504,214
+11,676
| +2% | +$545K |
|
640
Guardant Health
GH
$19.5B
| $28.1M | 0.01% |
1,200,064
-500,130
| -29% | -$14.3M |
|
|
CBAY
641
DELISTED
Cymabay Therapeutics
CBAY
| $28.1M | 0.01% |
3,224,862
+3,201,765
| +13,862% | +$25.6M |
|
642
Fortive
FTV
$19B
| $28M | 0.01% |
544,297
+52,775
| +11% | +$2.66M |
|
643
Cencora
COR
$60.3B
| $27.7M | 0.01% |
173,047
+11,337
| +7% | +$1.8M |
|
644
VICI Properties
VICI
$29.4B
| $27.7M | 0.01% |
849,081
-2,856
| -0.3% | -$94.5K |
|
645
iShares MBS ETF
MBB
$39B
| $27.4M | 0.01% |
289,518
+3,006
| +1% | +$284K |
|
646
FedEx
FDX
$74.5B
| $27.3M | 0.01% |
119,391
-45,400
| -28% | -$9.22M |
|
647
iShares MSCI ACWI ex US ETF
ACWX
$11.3B
| $27.2M | 0.01% |
557,570
+31,278
| +6% | +$1.51M |
|
648
Welltower
WELL
$178B
| $27.1M | 0.01% |
378,304
+40,092
| +12% | +$2.91M |
|
649
L3Harris
LHX
$55.9B
| $26.9M | 0.01% |
137,250
+5,228
| +4% | +$1.07M |
|
650
Highwoods Properties
HIW
$3.71B
| $26.9M | 0.01% |
1,161,393
+882,638
| +317% | +$23.8M |
|
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.