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 | |
|---|---|---|---|---|---|---|
|
NEE.PRP
76
DELISTED
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
| $542M | 0.3% |
10,894,406
-189,574
| -2% | -$9.9M |
|
77
Booking.com
BKNG
$137B
| $540M | 0.29% |
8,219,125
-598,475
| -7% | -$45M |
|
78
American Electric Power
AEP
$73.8B
| $536M | 0.29% |
6,197,567
-1,997,981
| -24% | -$198M |
|
79
Global Payments
GPN
$22.1B
| $534M | 0.29% |
4,938,590
-549,388
| -10% | -$67.8M |
|
80
Amgen
AMGN
$203B
| $531M | 0.29% |
2,357,080
-872,941
| -27% | -$212M |
|
|
81
Meta Platforms (Facebook)
META
$1.51T
| $531M | 0.29% |
3,915,342
+2,047,070
| +110% | +$332M |
|
82
NXP Semiconductors
NXPI
$67.7B
| $522M | 0.28% |
3,536,457
-181,999
| -5% | -$30.5M |
|
83
Franklin Investment Grade Corporate ETF
FLCO
$576M
| $519M | 0.28% |
25,424,066
-11,843,933
| -32% | -$257M |
|
84
TJX Companies
TJX
$171B
| $511M | 0.28% |
8,220,043
-677,683
| -8% | -$42.6M |
|
|
ATVI
85
DELISTED
Activision Blizzard
ATVI
| $502M | 0.27% |
6,757,171
-248,449
| -4% | -$19.5M |
|
86
SBA Communications
SBAC
$18.5B
| $495M | 0.27% |
1,738,915
-26,480
| -1% | -$8.59M |
|
87
Verizon
VZ
$193B
| $493M | 0.27% |
12,992,399
-3,646,527
| -22% | -$162M |
|
88
Voya Financial
VOYA
$8.94B
| $491M | 0.27% |
8,119,318
-394,758
| -5% | -$24.1M |
|
89
Ecolab
ECL
$75.5B
| $477M | 0.26% |
3,305,598
-40,120
| -1% | -$6.51M |
|
90
Kraft Heinz
KHC
$30.3B
| $476M | 0.26% |
14,282,107
-1,064,332
| -7% | -$39.5M |
|
91
Willis Towers Watson
WTW
$27.9B
| $472M | 0.26% |
2,347,398
-124,777
| -5% | -$25.7M |
|
92
Zimmer Biomet
ZBH
$17.7B
| $470M | 0.26% |
4,497,069
-18,497
| -0.4% | -$2.03M |
|
93
Charter Communications
CHTR
$14.9B
| $469M | 0.26% |
1,546,778
-62,181
| -4% | -$26.6M |
|
94
Cintas
CTAS
$82.5B
| $464M | 0.25% |
4,786,232
-767,368
| -14% | -$78.4M |
|
95
Elevance Health
ELV
$81.9B
| $462M | 0.25% |
1,017,003
-20,254
| -2% | -$9.69M |
|
96
MSCI
MSCI
$40.1B
| $461M | 0.25% |
1,091,796
-46,835
| -4% | -$21.4M |
|
97
Everest Group
EG
$15.3B
| $457M | 0.25% |
1,740,954
+90,128
| +5% | +$24.4M |
|
98
Workday
WDAY
$33.5B
| $448M | 0.24% |
2,943,489
-351,345
| -11% | -$55M |
|
99
General Dynamics
GD
$104B
| $448M | 0.24% |
2,110,662
-8,468
| -0.4% | -$1.91M |
|
100
BILL Holdings
BILL
$4.33B
| $447M | 0.24% |
3,377,431
-204,274
| -6% | -$29.4M |
|
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.