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 |
Union Pacific
UNP
|
+$455M |
| 2 |
Comcast
CMCSA
|
+$393M |
| 3 |
Bank of America
BAC
|
+$387M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$352M |
| 5 |
Target
TGT
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
T-Mobile US
TMUS
|
+$403M |
| 2 |
CoStar Group
CSGP
|
+$348M |
| 3 |
ExxonMobil
XOM
|
+$320M |
| 4 |
Wells Fargo
WFC
|
+$260M |
| 5 |
Microsoft
MSFT
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.87% |
| 2 | Healthcare | 15.43% |
| 3 | Financials | 10.44% |
| 4 | Industrials | 9.86% |
| 5 | Consumer Discretionary | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Pinnacle Financial Partners Inc
PNFP
$15.5B
| $27M | 0.01% |
476,218
-72
| -0% | -$3.79K |
|
652
Citizens Financial Group
CFG
$30.4B
| $26.8M | 0.01% |
1,029,375
+75,975
| +8% | +$2.09M |
|
653
L3Harris
LHX
$55.9B
| $26.7M | 0.01% |
136,605
-645
| -0.5% | -$123K |
|
654
Vanguard FTSE Developed Markets ETF
VEA
$226B
| $26.7M | 0.01% |
578,023
+11,144
| +2% | +$513K |
|
655
Clearway Energy Class C
CWEN
$5B
| $26.7M | 0.01% |
933,611
+128,012
| +16% | +$3.87M |
|
656
Fortive
FTV
$19B
| $26.6M | 0.01% |
471,325
-72,972
| -13% | -$3.68M |
|
657
Steven Madden
SHOO
$3.12B
| $26.5M | 0.01% |
811,369
-42,824
| -5% | -$1.43M |
|
658
Yum! Brands
YUM
$41B
| $26.3M | 0.01% |
190,054
+52,106
| +38% | +$7.06M |
|
|
PARA
659
DELISTED
Paramount Global Class B
PARA
| $26.1M | 0.01% |
1,638,432
-8,313,767
| -84% | -$150M |
|
660
Wynn Resorts
WYNN
$10.1B
| $25.7M | 0.01% |
243,079
-27,512
| -10% | -$2.95M |
|
661
Logitech
LOGI
$15.2B
| $25.6M | 0.01% |
430,275
+4,362
| +1% | +$264K |
|
662
United Rentals
URI
$71.1B
| $25.6M | 0.01% |
57,414
+31,748
| +124% | +$11.8M |
|
663
General Mills
GIS
$19.2B
| $25.3M | 0.01% |
329,902
-367,390
| -53% | -$31.4M |
|
664
Avantor
AVTR
$7.81B
| $25.1M | 0.01% |
1,223,808
-32,575
| -3% | -$659K |
|
665
Cullinan Oncology
CGEM
$1.05B
| $25.1M | 0.01% |
2,334,086
+1,544,948
| +196% | +$16.4M |
|
666
Viavi Solutions
VIAV
$9.75B
| $25.1M | 0.01% |
2,213,522
+74,802
| +3% | +$732K |
|
667
Snap-on
SNA
$20.9B
| $25M | 0.01% |
86,781
+19,705
| +29% | +$5.1M |
|
|
BNY
668
Bank of New York Mellon
BNY
$108B
| $24.9M | 0.01% |
560,000
+162,593
| +41% | +$6.98M |
|
669
Ameriprise Financial
AMP
$46.8B
| $24.9M | 0.01% |
74,919
+7,880
| +12% | +$2.42M |
|
670
First Citizens BancShares
FCNCA
$24.6B
| $24.8M | 0.01% |
19,309
+18,990
| +5,953% | +$22M |
|
671
Sarepta Therapeutics
SRPT
$1.66B
| $24.8M | 0.01% |
216,209
+113,308
| +110% | +$14.6M |
|
672
Sysco
SYY
$39.7B
| $24.8M | 0.01% |
333,578
+9,042
| +3% | +$669K |
|
673
Copart
CPRT
$25.9B
| $24.7M | 0.01% |
541,222
+224,586
| +71% | +$9.31M |
|
|
HOLX
674
DELISTED
Hologic
HOLX
| $24.6M | 0.01% |
303,502
-7,323
| -2% | -$598K |
|
675
iShares MBS ETF
MBB
$39B
| $24.6M | 0.01% |
263,312
-26,206
| -9% | -$2.46M |
|
Similar funds
Franklin Resources's Q2 2023 Portfolio in Review
As of Q2 2023, Franklin Resources held 2,805 positions worth $210B, up 5.6% from $199B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Franklin Resources's Q2 2023 filing shows 498 new, 1,216 increased, 722 reduced and 82 closed positions. Its largest new stake was Ferguson: 2,322,434 shares worth $365M. The largest sale was T-Mobile US, an estimated $403M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2023 buy was Ferguson: 2,322,434 shares worth $365M.
- Franklin Resources added most to Union Pacific in Q2 2023, an estimated $455M increase.
- Franklin Resources's biggest Q2 2023 reduction was T-Mobile US, cutting an estimated $403M.
- Franklin Resources fully exited Arconic Corporation in Q2 2023, selling an estimated $114M.
- Franklin Resources's ten largest holdings make up 17% of its $210B portfolio in Q2 2023.
- Franklin Resources opened 498 new positions and closed 82 in Q2 2023.
- Franklin Resources's portfolio value rose 5.6% quarter-over-quarter to $210B.
Based on Franklin Resources's 13F filing for Q2 2023, filed 11 Aug 2023.