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 |
Blackrock
BLK
|
+$449M |
| 2 |
JPMorgan Chase
JPM
|
+$426M |
| 3 |
Parker-Hannifin
PH
|
+$352M |
| 4 |
Texas Instruments
TXN
|
+$339M |
| 5 |
Rio Tinto
RIO
|
+$298M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$672M |
| 2 |
Merck
MRK
|
+$596M |
| 3 |
Southern Company
SO
|
+$534M |
| 4 |
Sempra
SRE
|
+$523M |
| 5 |
DTE Energy
DTE
|
+$491M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.2% |
| 2 | Healthcare | 17.28% |
| 3 | Financials | 10.36% |
| 4 | Industrials | 9.21% |
| 5 | Consumer Discretionary | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Eli Lilly
LLY
$1.06T
| $841M | 0.42% |
2,593,604
-387,615
| -13% | -$116M |
|
52
West Pharmaceutical
WST
$25B
| $837M | 0.42% |
2,769,463
-35,516
| -1% | -$11.6M |
|
53
Salesforce
CRM
$129B
| $833M | 0.41% |
5,050,154
+49,461
| +1% | +$8.74M |
|
54
McDonald's
MCD
$187B
| $830M | 0.41% |
3,361,329
-65,544
| -2% | -$16.1M |
|
55
Johnson Controls International
JCI
$87.4B
| $821M | 0.41% |
17,146,311
+3,701,376
| +28% | +$206M |
|
|
56
Blackrock
BLK
$161B
| $818M | 0.41% |
1,343,027
+689,874
| +106% | +$449M |
|
57
Franklin Investment Grade Corporate ETF
FLCO
$576M
| $807M | 0.4% |
37,267,999
-285,137
| -0.8% | -$6.34M |
|
58
Albemarle
ALB
$13.8B
| $803M | 0.4% |
3,842,719
-1,248,855
| -25% | -$279M |
|
59
Morgan Stanley
MS
$338B
| $790M | 0.39% |
10,389,587
+1,566,606
| +18% | +$128M |
|
60
American Electric Power
AEP
$73.4B
| $786M | 0.39% |
8,195,548
-4,944,699
| -38% | -$490M |
|
61
Amgen
AMGN
$201B
| $786M | 0.39% |
3,230,021
-508,679
| -14% | -$125M |
|
62
Union Pacific
UNP
$181B
| $763M | 0.38% |
3,578,867
-220,951
| -6% | -$50.3M |
|
63
Charter Communications
CHTR
$15.6B
| $754M | 0.37% |
1,608,959
+302,570
| +23% | +$148M |
|
64
CVS Health
CVS
$136B
| $751M | 0.37% |
8,108,609
-687,319
| -8% | -$67.1M |
|
65
Edison International
EIX
$30.6B
| $740M | 0.37% |
11,703,451
-5,398,776
| -32% | -$366M |
|
66
Lowe's Companies
LOW
$113B
| $707M | 0.35% |
4,048,617
-66,525
| -2% | -$12.8M |
|
67
Adobe
ADBE
$84.3B
| $698M | 0.35% |
1,906,214
-114,952
| -6% | -$46.8M |
|
68
Becton Dickinson
BDX
$42.1B
| $698M | 0.35% |
2,830,150
-97,414
| -3% | -$24.7M |
|
|
69
Sempra
SRE
$61.1B
| $692M | 0.34% |
9,214,850
-6,516,890
| -41% | -$523M |
|
70
Home Depot
HD
$324B
| $677M | 0.34% |
2,468,341
+408,299
| +20% | +$121M |
|
71
Intuitive Surgical
ISRG
$119B
| $657M | 0.33% |
3,273,424
-7,442
| -0.2% | -$1.75M |
|
72
Cisco
CSCO
$444B
| $651M | 0.32% |
15,272,232
+513,666
| +3% | +$24.6M |
|
73
Novartis
NVS
$297B
| $633M | 0.31% |
7,488,174
+258,830
| +4% | +$22.7M |
|
74
ASML
ASML
$693B
| $633M | 0.31% |
1,329,812
-5,302
| -0.4% | -$2.96M |
|
75
Monolithic Power Systems
MPWR
$68.6B
| $626M | 0.31% |
1,630,017
+75,816
| +5% | +$32M |
|
Similar funds
Franklin Resources's Q2 2022 Portfolio in Review
As of Q2 2022, Franklin Resources held 2,536 positions worth $202B, down 19% from $250B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Franklin Resources withdrew a net $13.3B in Q2 2022, closing 177 positions and reducing 1,212 holdings. Its most notable exit was Dominion Energy, Inc. 2019 Series A Corporate Units, an estimated $377M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Aspen Technology Inc worth $115M.
- Franklin Resources's largest Q2 2022 buy was Aspen Technology Inc: 627,495 shares worth $115M.
- Franklin Resources added most to Blackrock in Q2 2022, an estimated $449M increase.
- Franklin Resources's biggest Q2 2022 reduction was Verizon, cutting an estimated $672M.
- Franklin Resources fully exited Dominion Energy, Inc. 2019 Series A Corporate Units in Q2 2022, selling an estimated $377M.
- Franklin Resources's ten largest holdings make up 14% of its $202B portfolio in Q2 2022.
- Franklin Resources opened 99 new positions and closed 177 in Q2 2022.
- Franklin Resources's portfolio value fell 19% quarter-over-quarter to $202B.
Based on Franklin Resources's 13F filing for Q2 2022, filed 11 Aug 2022.