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 | |
|---|---|---|---|---|---|---|
76
West Pharmaceutical
WST
$24.2B
| $581M | 0.3% |
2,470,706
-183,405
| -7% | -$43.5M |
|
77
Salesforce
CRM
$133B
| $570M | 0.3% |
4,296,750
-1,427,164
| -25% | -$208M |
|
78
Zimmer Biomet
ZBH
$17.6B
| $564M | 0.29% |
4,424,099
-72,970
| -2% | -$8.47M |
|
79
Home Depot
HD
$324B
| $563M | 0.29% |
1,781,433
-466,590
| -21% | -$142M |
|
80
Idexx Laboratories
IDXX
$42.4B
| $558M | 0.29% |
1,367,547
+160,145
| +13% | +$62.2M |
|
81
Tesla
TSLA
$1.26T
| $555M | 0.29% |
4,503,146
-17,559
| -0.4% | -$3.32M |
|
82
Kraft Heinz
KHC
$30.1B
| $549M | 0.29% |
13,487,762
-794,345
| -6% | -$30.2M |
|
|
ATVI
83
DELISTED
Activision Blizzard
ATVI
| $549M | 0.29% |
7,165,972
+408,801
| +6% | +$30.4M |
|
84
NXP Semiconductors
NXPI
$69.7B
| $544M | 0.28% |
3,443,745
-92,712
| -3% | -$14.7M |
|
85
Franklin Investment Grade Corporate ETF
FLCO
$576M
| $532M | 0.28% |
25,495,537
+71,471
| +0.3% | +$1.48M |
|
86
Starbucks
SBUX
$119B
| $532M | 0.28% |
5,362,230
+58,667
| +1% | +$5.54M |
|
87
Cintas
CTAS
$81.1B
| $526M | 0.27% |
4,659,788
-126,444
| -3% | -$13.7M |
|
88
General Dynamics
GD
$104B
| $517M | 0.27% |
2,084,743
-25,919
| -1% | -$6.32M |
|
89
Ross Stores
ROST
$74.7B
| $513M | 0.27% |
4,420,099
+29,153
| +0.7% | +$2.97M |
|
90
Willis Towers Watson
WTW
$27.3B
| $510M | 0.27% |
2,085,572
-261,826
| -11% | -$59.8M |
|
91
Oracle
ORCL
$348B
| $509M | 0.26% |
6,225,073
-90,950
| -1% | -$6.91M |
|
92
Charter Communications
CHTR
$14.9B
| $506M | 0.26% |
1,492,413
-54,365
| -4% | -$19.1M |
|
93
Norfolk Southern
NSC
$78.2B
| $503M | 0.26% |
2,039,316
+110,529
| +6% | +$26.1M |
|
94
MSCI
MSCI
$40.7B
| $501M | 0.26% |
1,076,442
-15,354
| -1% | -$7.14M |
|
95
D.R. Horton
DHI
$40B
| $500M | 0.26% |
5,612,896
-346,059
| -6% | -$27.7M |
|
96
Elevance Health
ELV
$81.9B
| $500M | 0.26% |
975,245
-41,758
| -4% | -$21.2M |
|
97
Parker-Hannifin
PH
$125B
| $487M | 0.25% |
1,674,841
+230,081
| +16% | +$65.9M |
|
98
Wabtec
WAB
$50.3B
| $485M | 0.25% |
4,863,891
-200,310
| -4% | -$19.1M |
|
99
Humana
HUM
$47.5B
| $485M | 0.25% |
947,437
-223,874
| -19% | -$118M |
|
100
Global Payments
GPN
$21.4B
| $482M | 0.25% |
4,848,997
-89,593
| -2% | -$9.34M |
|
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.