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 | |
|---|---|---|---|---|---|---|
651
Vaxcyte
PCVX
$7.89B
| $26.8M | 0.01% |
716,239
+711,039
| +13,674% | +$30.2M |
|
652
Cable One
CABO
$213M
| $26.8M | 0.01% |
38,197
-1,268
| -3% | -$923K |
|
653
Avantor
AVTR
$7.81B
| $26.6M | 0.01% |
1,256,383
+968,845
| +337% | +$22.1M |
|
654
FIGS
FIGS
$1.59B
| $26.4M | 0.01% |
4,271,222
-2,049,950
| -32% | -$15.8M |
|
655
Pinnacle Financial Partners Inc
PNFP
$15.5B
| $26.3M | 0.01% |
476,290
-17,621
| -4% | -$1.24M |
|
|
VMW
656
DELISTED
VMware, Inc
VMW
| $26.2M | 0.01% |
210,237
+87,195
| +71% | +$10.5M |
|
|
TIXT
657
DELISTED
TELUS International
TIXT
| $26M | 0.01% |
1,284,727
-60,708
| -5% | -$1.31M |
|
658
LegalZoom.com
LZ
$1.23B
| $25.7M | 0.01% |
2,740,903
+8,361
| +0.3% | +$70.8K |
|
659
Vanguard FTSE Developed Markets ETF
VEA
$226B
| $25.6M | 0.01% |
566,879
-10,937
| -2% | -$487K |
|
660
Rivian
RIVN
$22.9B
| $25.5M | 0.01% |
1,650,166
-1,658,660
| -50% | -$28M |
|
661
Penumbra
PEN
$12.5B
| $25.4M | 0.01% |
91,250
+48,669
| +114% | +$12.4M |
|
662
American Eagle Outfitters
AEO
$2.85B
| $25.4M | 0.01% |
1,889,955
-49,985
| -3% | -$733K |
|
663
CSX Corp
CSX
$98.6B
| $25.4M | 0.01% |
847,373
+9,916
| +1% | +$305K |
|
664
The Mosaic Company
MOS
$7.09B
| $25.3M | 0.01% |
551,080
-168,762
| -23% | -$8.17M |
|
665
Clearway Energy Class C
CWEN
$5B
| $25.2M | 0.01% |
805,599
+201,276
| +33% | +$6.47M |
|
666
Oceaneering
OII
$5.25B
| $25.2M | 0.01% |
1,430,542
+462,131
| +48% | +$8.91M |
|
667
iShares MSCI USA Quality Factor ETF
QUAL
$45.8B
| $25.2M | 0.01% |
203,258
-61,010
| -23% | -$7.32M |
|
|
PXD
668
DELISTED
Pioneer Natural Resource Co.
PXD
| $25.2M | 0.01% |
123,155
-21,709
| -15% | -$4.67M |
|
669
JPMorgan Ultra-Short Income ETF
JPST
$40B
| $25.1M | 0.01% |
499,513
+4,865
| +1% | +$244K |
|
|
HOLX
670
DELISTED
Hologic
HOLX
| $25.1M | 0.01% |
310,825
-36,391
| -10% | -$2.93M |
|
671
Alamo Group
ALG
$2.01B
| $25.1M | 0.01% |
136,205
-10,667
| -7% | -$1.76M |
|
672
Sysco
SYY
$39.7B
| $25.1M | 0.01% |
324,536
-3,088
| -0.9% | -$237K |
|
673
AvalonBay Communities
AVB
$27.1B
| $24.9M | 0.01% |
147,877
-3,336
| -2% | -$569K |
|
674
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
$492M
| $24.8M | 0.01% |
669,699
-391,739
| -37% | -$14.2M |
|
675
Logitech
LOGI
$15.2B
| $24.8M | 0.01% |
425,913
-2,803
| -0.7% | -$159K |
|
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.