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 |
FITB
Fifth Third Bancorp
FITB
|
+$293M |
| 2 |
Pfizer
PFE
|
+$290M |
| 3 |
Goldman Sachs
GS
|
+$282M |
| 4 |
NextEra Energy
NEE
|
+$230M |
| 5 |
General Motors
GM
|
+$225M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AbbVie
ABBV
|
+$418M |
| 2 |
SIVB
SVB Financial Group
SIVB
|
+$345M |
| 3 |
NEE.PRP
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
|
+$334M |
| 4 |
Broadcom
AVGO
|
+$322M |
| 5 |
Western Digital
WDC
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.74% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 10.76% |
| 4 | Industrials | 9.41% |
| 5 | Consumer Discretionary | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Citigroup
C
$221B
| $613M | 0.31% |
13,068,609
+4,226,550
| +48% | +$207M |
|
77
Albemarle
ALB
$13.8B
| $604M | 0.3% |
2,731,009
-266,583
| -9% | -$65.7M |
|
78
Workday
WDAY
$31.6B
| $590M | 0.3% |
2,858,987
+196,999
| +7% | +$35.8M |
|
|
ATVI
79
DELISTED
Activision Blizzard
ATVI
| $585M | 0.29% |
6,838,105
-327,867
| -5% | -$25.5M |
|
80
MSCI
MSCI
$40.2B
| $584M | 0.29% |
1,043,809
-32,633
| -3% | -$17.3M |
|
|
81
General Motors
GM
$73B
| $579M | 0.29% |
15,784,315
+5,948,464
| +60% | +$225M |
|
82
TJX Companies
TJX
$170B
| $569M | 0.29% |
7,257,835
-501,469
| -6% | -$39.5M |
|
83
American Electric Power
AEP
$73.4B
| $566M | 0.28% |
6,222,154
-141,930
| -2% | -$13M |
|
84
Zimmer Biomet
ZBH
$17.3B
| $566M | 0.28% |
4,377,793
-46,306
| -1% | -$5.81M |
|
85
Starbucks
SBUX
$118B
| $560M | 0.28% |
5,373,926
+11,696
| +0.2% | +$1.22M |
|
86
Oracle
ORCL
$346B
| $550M | 0.28% |
5,916,090
-308,983
| -5% | -$27.1M |
|
87
Franklin Investment Grade Corporate ETF
FLCO
$576M
| $543M | 0.27% |
25,300,104
-195,433
| -0.8% | -$4.17M |
|
88
Ecolab
ECL
$74.1B
| $538M | 0.27% |
3,251,117
-26,711
| -0.8% | -$4.16M |
|
89
Charter Communications
CHTR
$15.6B
| $537M | 0.27% |
1,501,574
+9,161
| +0.6% | +$3.42M |
|
90
Amgen
AMGN
$201B
| $528M | 0.26% |
2,183,946
+697,076
| +47% | +$171M |
|
91
Northrop Grumman
NOC
$75.8B
| $528M | 0.26% |
1,143,475
+440,303
| +63% | +$204M |
|
92
Kraft Heinz
KHC
$30.1B
| $524M | 0.26% |
13,552,345
+64,583
| +0.5% | +$2.56M |
|
93
Sempra
SRE
$61.1B
| $518M | 0.26% |
6,850,588
-1,638,332
| -19% | -$126M |
|
94
Home Depot
HD
$324B
| $514M | 0.26% |
1,740,013
-41,420
| -2% | -$12.7M |
|
95
Humana
HUM
$47.4B
| $511M | 0.26% |
1,052,285
+104,848
| +11% | +$51.8M |
|
96
Cintas
CTAS
$81.3B
| $506M | 0.25% |
4,373,312
-286,476
| -6% | -$31.6M |
|
97
Global Payments
GPN
$21.3B
| $505M | 0.25% |
4,796,378
-52,619
| -1% | -$5.7M |
|
98
Elevance Health
ELV
$82.3B
| $502M | 0.25% |
1,092,327
+117,082
| +12% | +$55.7M |
|
99
Dover
DOV
$26.6B
| $498M | 0.25% |
3,280,737
-11,986
| -0.4% | -$1.76M |
|
100
CoStar Group
CSGP
$11.1B
| $493M | 0.25% |
7,153,631
-2,000,379
| -22% | -$148M |
|
Similar funds
Franklin Resources's Q1 2023 Portfolio in Review
As of Q1 2023, Franklin Resources held 2,440 positions worth $199B, up 3.6% from $192B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Franklin Resources withdrew a net $6.73B in Q1 2023, closing 130 positions and reducing 1,046 holdings. Its most notable exit was SVB Financial Group, an estimated $345M position sold in full.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Franklin Responsibly Sourced Gold ETF worth $55M.
- Franklin Resources's largest Q1 2023 buy was Franklin Responsibly Sourced Gold ETF: 2,085,000 shares worth $55M.
- Franklin Resources added most to Fifth Third Bancorp in Q1 2023, an estimated $293M increase.
- Franklin Resources's biggest Q1 2023 reduction was AbbVie, cutting an estimated $418M.
- Franklin Resources fully exited SVB Financial Group in Q1 2023, selling an estimated $345M.
- Franklin Resources's ten largest holdings make up 16% of its $199B portfolio in Q1 2023.
- Franklin Resources opened 112 new positions and closed 130 in Q1 2023.
- Franklin Resources's portfolio value rose 3.6% quarter-over-quarter to $199B.
Based on Franklin Resources's 13F filing for Q1 2023, filed 12 May 2023.