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 | |
|---|---|---|---|---|---|---|
76
Target
TGT
$61.1B
| $621M | 0.31% |
4,394,714
+85,405
| +2% | +$16.4M |
|
77
Booking.com
BKNG
$134B
| $617M | 0.31% |
8,817,600
-554,575
| -6% | -$47.3M |
|
|
CTLT
78
DELISTED
CATALENT, INC.
CTLT
| $609M | 0.3% |
5,679,491
-146,863
| -3% | -$15M |
|
79
Global Payments
GPN
$21.3B
| $607M | 0.3% |
5,487,978
+700,783
| +15% | +$88.6M |
|
80
iShares Core S&P 500 ETF
IVV
$875B
| $600M | 0.3% |
1,583,219
+58,913
| +4% | +$24.2M |
|
81
Intel
INTC
$504B
| $592M | 0.29% |
15,834,151
+169,003
| +1% | +$7.31M |
|
82
Kraft Heinz
KHC
$30.1B
| $585M | 0.29% |
15,346,439
+943,921
| +7% | +$37.8M |
|
83
IBM
IBM
$195B
| $567M | 0.28% |
4,016,831
+22,564
| +0.6% | +$3.05M |
|
84
SBA Communications
SBAC
$18.5B
| $565M | 0.28% |
1,765,395
-44,990
| -2% | -$15.2M |
|
85
Humana
HUM
$47.4B
| $564M | 0.28% |
1,204,565
-16,181
| -1% | -$7.2M |
|
86
NXP Semiconductors
NXPI
$70B
| $550M | 0.27% |
3,718,456
-527,011
| -12% | -$91.6M |
|
|
NEE.PRP
87
DELISTED
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
| $550M | 0.27% |
11,083,980
-19,866
| -0.2% | -$973K |
|
88
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.04B
| $549M | 0.27% |
14,169,169
+3,180,143
| +29% | +$132M |
|
|
ATVI
89
DELISTED
Activision Blizzard
ATVI
| $545M | 0.27% |
7,005,620
+1,317,161
| +23% | +$102M |
|
90
CoStar Group
CSGP
$11.1B
| $540M | 0.27% |
8,933,092
-712,886
| -7% | -$43.2M |
|
91
Wells Fargo
WFC
$261B
| $538M | 0.27% |
13,729,144
-4,254,942
| -24% | -$187M |
|
92
Walmart Inc
WMT
$863B
| $538M | 0.27% |
13,267,203
-6,119,589
| -32% | -$282M |
|
93
DXC Technology
DXC
$1.5B
| $520M | 0.26% |
17,140,250
-1,565,967
| -8% | -$48.6M |
|
94
Cintas
CTAS
$81.3B
| $519M | 0.26% |
5,553,600
-5,736
| -0.1% | -$559K |
|
95
Ecolab
ECL
$74.1B
| $514M | 0.26% |
3,345,718
-2,579
| -0.1% | -$428K |
|
96
Voya Financial
VOYA
$8.78B
| $507M | 0.25% |
8,514,076
-578,854
| -6% | -$37.2M |
|
97
Lam Research
LRCX
$400B
| $502M | 0.25% |
11,768,620
-111,000
| -0.9% | -$5.28M |
|
98
BCE
BCE
$19.8B
| $501M | 0.25% |
10,184,678
-1,083,270
| -10% | -$58.1M |
|
99
Elevance Health
ELV
$82.3B
| $501M | 0.25% |
1,037,257
-220,854
| -18% | -$109M |
|
100
TJX Companies
TJX
$170B
| $497M | 0.25% |
8,897,726
-1,006,044
| -10% | -$60.9M |
|
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.