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 | |
|---|---|---|---|---|---|---|
51
Abbott
ABT
$175B
| $878M | 0.42% |
8,050,999
-2,754
| -0% | -$294K |
|
|
52
ExxonMobil
XOM
$650B
| $846M | 0.4% |
7,890,501
-2,933,525
| -27% | -$320M |
|
53
Lockheed Martin
LMT
$131B
| $846M | 0.4% |
1,837,943
-63,779
| -3% | -$29.6M |
|
54
West Pharmaceutical
WST
$25B
| $831M | 0.4% |
2,173,766
-114,449
| -5% | -$40.9M |
|
55
Pfizer
PFE
$143B
| $811M | 0.39% |
22,099,210
-1,213,488
| -5% | -$47.2M |
|
56
AstraZeneca
AZN
$261B
| $810M | 0.38% |
5,657,125
-283,698
| -5% | -$41.7M |
|
57
Merck
MRK
$325B
| $801M | 0.38% |
6,940,807
+840,657
| +14% | +$95.4M |
|
58
Lowe's Companies
LOW
$113B
| $800M | 0.38% |
3,545,591
-56,311
| -2% | -$11.7M |
|
59
Blackrock
BLK
$161B
| $787M | 0.37% |
1,138,198
+732
| +0.1% | +$490K |
|
60
Becton Dickinson
BDX
$42.3B
| $764M | 0.36% |
2,894,621
+118,187
| +4% | +$30M |
|
61
CVS Health
CVS
$137B
| $764M | 0.36% |
11,045,304
+1,218,794
| +12% | +$86.7M |
|
62
Oracle
ORCL
$353B
| $755M | 0.36% |
6,343,762
+427,672
| +7% | +$44.2M |
|
63
Adobe
ADBE
$84.3B
| $744M | 0.35% |
1,522,383
+626,196
| +70% | +$252M |
|
64
Franklin US Equity Index ETF
USPX
$1.97B
| $738M | 0.35% |
19,009,068
-318,325
| -2% | -$11.6M |
|
65
Cisco
CSCO
$444B
| $736M | 0.35% |
14,231,010
-2,310,446
| -14% | -$114M |
|
66
Amgen
AMGN
$201B
| $731M | 0.35% |
3,290,926
+1,106,980
| +51% | +$257M |
|
67
SLB Ltd
SLB
$70.6B
| $727M | 0.35% |
14,808,420
+572,185
| +4% | +$27.3M |
|
68
Idexx Laboratories
IDXX
$42.5B
| $727M | 0.35% |
1,447,015
+93,073
| +7% | +$44.6M |
|
69
Dominion Energy
D
$63B
| $725M | 0.34% |
13,997,004
-1,234,187
| -8% | -$67.1M |
|
70
Shopify
SHOP
$147B
| $723M | 0.34% |
11,183,153
-2,984,605
| -21% | -$169M |
|
71
Duke Energy
DUK
$101B
| $712M | 0.34% |
7,928,738
+89,132
| +1% | +$8.41M |
|
72
Walmart Inc
WMT
$863B
| $711M | 0.34% |
13,572,264
+381,870
| +3% | +$19.3M |
|
73
Albemarle
ALB
$13.8B
| $700M | 0.33% |
3,135,732
+404,723
| +15% | +$82.8M |
|
74
Cadence Design Systems
CDNS
$91.1B
| $700M | 0.33% |
2,982,856
-52,863
| -2% | -$11.5M |
|
75
MongoDB
MDB
$24.1B
| $696M | 0.33% |
1,692,443
-185,618
| -10% | -$54.1M |
|
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.