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 |
Franklin US Equity Index ETF
USPX
|
+$460M |
| 2 |
Meta Platforms (Facebook)
META
|
+$332M |
| 3 |
Broadcom
AVGO
|
+$319M |
| 4 |
Bank of America
BAC
|
+$273M |
| 5 |
Wells Fargo
WFC
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$915M |
| 2 |
SOLN
The Southern Company
SOLN
|
+$479M |
| 3 |
Atlassian
TEAM
|
+$468M |
| 4 |
Medtronic
MDT
|
+$459M |
| 5 |
Intel
INTC
|
+$438M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.25% |
| 2 | Healthcare | 16.95% |
| 3 | Financials | 10.6% |
| 4 | Industrials | 9.58% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Nike
NKE
$62.4B
| $774M | 0.42% |
9,313,397
-182,431
| -2% | -$19.6M |
|
52
Morgan Stanley
MS
$336B
| $762M | 0.42% |
9,646,450
-743,137
| -7% | -$62.6M |
|
53
McDonald's
MCD
$188B
| $761M | 0.41% |
3,297,910
-63,419
| -2% | -$16.2M |
|
54
CVS Health
CVS
$137B
| $729M | 0.4% |
7,643,296
-465,313
| -6% | -$46.1M |
|
55
Target
TGT
$62.4B
| $728M | 0.4% |
4,905,441
+510,727
| +12% | +$81.8M |
|
56
Blackrock
BLK
$163B
| $724M | 0.39% |
1,315,797
-27,230
| -2% | -$17.8M |
|
57
Lowe's Companies
LOW
$116B
| $679M | 0.37% |
3,612,785
-435,832
| -11% | -$84.9M |
|
58
Duke Energy
DUK
$102B
| $664M | 0.36% |
7,143,569
-2,007,286
| -22% | -$216M |
|
59
Comcast
CMCSA
$79.2B
| $654M | 0.36% |
22,312,020
-4,004,397
| -15% | -$150M |
|
60
West Pharmaceutical
WST
$23.2B
| $653M | 0.36% |
2,654,111
-115,352
| -4% | -$35.1M |
|
61
Union Pacific
UNP
$183B
| $651M | 0.35% |
3,343,291
-235,576
| -7% | -$52.1M |
|
62
CoStar Group
CSGP
$11.3B
| $647M | 0.35% |
9,288,017
+354,925
| +4% | +$24.6M |
|
63
Sempra
SRE
$60.8B
| $644M | 0.35% |
8,595,860
-618,990
| -7% | -$50.1M |
|
64
Intuitive Surgical
ISRG
$121B
| $631M | 0.34% |
3,367,957
+94,533
| +3% | +$20.3M |
|
65
Becton Dickinson
BDX
$43.1B
| $626M | 0.34% |
2,807,274
-22,876
| -0.8% | -$5.69M |
|
66
Walmart Inc
WMT
$871B
| $622M | 0.34% |
14,380,503
+1,113,300
| +8% | +$48.8M |
|
67
Home Depot
HD
$332B
| $620M | 0.34% |
2,248,023
-220,318
| -9% | -$65M |
|
68
Bristol-Myers Squibb
BMY
$127B
| $620M | 0.34% |
8,720,912
-3,378,854
| -28% | -$245M |
|
69
Monolithic Power Systems
MPWR
$65.6B
| $606M | 0.33% |
1,667,718
+37,701
| +2% | +$16.8M |
|
70
Edison International
EIX
$30.7B
| $595M | 0.32% |
10,512,592
-1,190,859
| -10% | -$78.8M |
|
71
ASML
ASML
$673B
| $573M | 0.31% |
1,380,254
+50,442
| +4% | +$25.3M |
|
72
Humana
HUM
$46.6B
| $568M | 0.31% |
1,171,311
-33,254
| -3% | -$16.2M |
|
73
Cisco
CSCO
$449B
| $552M | 0.3% |
13,810,011
-1,462,221
| -10% | -$64.9M |
|
74
Novartis
NVS
$294B
| $547M | 0.3% |
7,199,679
-288,495
| -4% | -$23.9M |
|
75
HCA Healthcare
HCA
$85.1B
| $547M | 0.3% |
2,976,842
+178,439
| +6% | +$35.5M |
|
Similar funds
Franklin Resources's Q3 2022 Portfolio in Review
As of Q3 2022, Franklin Resources held 2,460 positions worth $184B, down 9% from $202B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Franklin Resources withdrew a net $10.7B in Q3 2022, closing 156 positions and reducing 833 holdings. Its most notable exit was The Southern Company, an estimated $479M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Aerojet Rocketdyne Holdings worth $82.2M.
- Franklin Resources's largest Q3 2022 buy was Aerojet Rocketdyne Holdings: 2,054,861 shares worth $82.2M.
- Franklin Resources added most to Franklin US Equity Index ETF in Q3 2022, an estimated $460M increase.
- Franklin Resources's biggest Q3 2022 reduction was JPMorgan Chase, cutting an estimated $915M.
- Franklin Resources fully exited The Southern Company in Q3 2022, selling an estimated $479M.
- Franklin Resources's ten largest holdings make up 15% of its $184B portfolio in Q3 2022.
- Franklin Resources opened 97 new positions and closed 156 in Q3 2022.
- Franklin Resources's portfolio value fell 9% quarter-over-quarter to $184B.
Based on Franklin Resources's 13F filing for Q3 2022, filed 14 Nov 2022.