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 |
JPMorgan Chase
JPM
|
+$414M |
| 2 |
Atlassian
TEAM
|
+$401M |
| 3 |
Citigroup
C
|
+$305M |
| 4 |
Union Pacific
UNP
|
+$304M |
| 5 |
SIVB
SVB Financial Group
SIVB
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$449M |
| 2 |
Merck
MRK
|
+$436M |
| 3 |
IBM
IBM
|
+$406M |
| 4 |
MetLife
MET
|
+$368M |
| 5 |
Air Products & Chemicals
APD
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 16.37% |
| 3 | Financials | 11.35% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
T-Mobile US
TMUS
$183B
| $848M | 0.44% |
6,059,292
-158,311
| -3% | -$22.7M |
|
52
Morgan Stanley
MS
$338B
| $821M | 0.43% |
9,653,549
+7,099
| +0.1% | +$605K |
|
53
Duke Energy
DUK
$101B
| $816M | 0.42% |
7,921,247
+777,678
| +11% | +$74.7M |
|
54
Target
TGT
$61.1B
| $792M | 0.41% |
5,312,494
+407,053
| +8% | +$63.9M |
|
55
Wells Fargo
WFC
$261B
| $773M | 0.4% |
18,722,714
-777,627
| -4% | -$34.4M |
|
56
Cisco
CSCO
$444B
| $730M | 0.38% |
15,319,330
+1,509,319
| +11% | +$68.7M |
|
57
Lowe's Companies
LOW
$113B
| $722M | 0.38% |
3,623,125
+10,340
| +0.3% | +$2.07M |
|
58
HCA Healthcare
HCA
$83.5B
| $713M | 0.37% |
2,969,382
-7,460
| -0.3% | -$1.67M |
|
59
Becton Dickinson
BDX
$42.1B
| $711M | 0.37% |
2,795,836
-11,438
| -0.4% | -$2.7M |
|
60
CoStar Group
CSGP
$11.1B
| $707M | 0.37% |
9,154,010
-134,007
| -1% | -$10.5M |
|
61
CVS Health
CVS
$136B
| $706M | 0.37% |
7,576,523
-66,773
| -0.9% | -$6.44M |
|
|
62
Merck
MRK
$322B
| $691M | 0.36% |
6,223,682
-4,263,655
| -41% | -$436M |
|
63
Walmart Inc
WMT
$863B
| $681M | 0.35% |
14,415,672
+35,169
| +0.2% | +$1.67M |
|
64
ASML
ASML
$693B
| $678M | 0.35% |
1,240,507
-139,747
| -10% | -$73.2M |
|
65
SLB Ltd
SLB
$70.6B
| $677M | 0.35% |
12,655,195
+2,752,648
| +28% | +$137M |
|
66
Edison International
EIX
$30.6B
| $665M | 0.35% |
10,458,985
-53,607
| -0.5% | -$3.29M |
|
67
Sempra
SRE
$61.1B
| $656M | 0.34% |
8,488,920
-106,940
| -1% | -$8.27M |
|
68
Albemarle
ALB
$13.8B
| $650M | 0.34% |
2,997,592
+49,101
| +2% | +$13.1M |
|
69
Broadcom
AVGO
$1.87T
| $649M | 0.34% |
11,602,150
+1,618,560
| +16% | +$81.2M |
|
70
TJX Companies
TJX
$170B
| $618M | 0.32% |
7,759,304
-460,739
| -6% | -$34M |
|
71
Meta Platforms (Facebook)
META
$1.54T
| $615M | 0.32% |
5,111,190
+1,195,848
| +31% | +$140M |
|
72
Novartis
NVS
$297B
| $608M | 0.32% |
6,702,293
-497,386
| -7% | -$41.9M |
|
73
American Electric Power
AEP
$73.4B
| $604M | 0.31% |
6,364,084
+166,517
| +3% | +$15.2M |
|
74
Monolithic Power Systems
MPWR
$68.6B
| $592M | 0.31% |
1,675,208
+7,490
| +0.4% | +$2.69M |
|
75
Franklin US Equity Index ETF
USPX
$1.97B
| $586M | 0.3% |
17,642,053
+4,416,025
| +33% | +$148M |
|
Similar funds
Franklin Resources's Q4 2022 Portfolio in Review
As of Q4 2022, Franklin Resources held 2,432 positions worth $192B, up 4.8% from $184B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Franklin Resources withdrew a net $8.35B in Q4 2022, closing 103 positions and reducing 963 holdings. Its most notable exit was DTE Energy Company 2019 Corporate Units, an estimated $117M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Atlassian worth $324M.
- Franklin Resources's largest Q4 2022 buy was Atlassian: 2,518,971 shares worth $324M.
- Franklin Resources added most to JPMorgan Chase in Q4 2022, an estimated $414M increase.
- Franklin Resources's biggest Q4 2022 reduction was Bristol-Myers Squibb, cutting an estimated $449M.
- Franklin Resources fully exited DTE Energy Company 2019 Corporate Units in Q4 2022, selling an estimated $117M.
- Franklin Resources's ten largest holdings make up 15% of its $192B portfolio in Q4 2022.
- Franklin Resources opened 136 new positions and closed 103 in Q4 2022.
- Franklin Resources's portfolio value rose 4.8% quarter-over-quarter to $192B.
Based on Franklin Resources's 13F filing for Q4 2022, filed 10 Feb 2023.