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 | |
|---|---|---|---|---|---|---|
76
Workday
WDAY
$31.6B
| $665M | 0.32% |
2,942,041
+83,054
| +3% | +$16.6M |
|
77
NXP Semiconductors
NXPI
$70B
| $624M | 0.3% |
3,049,034
-248,992
| -8% | -$44.2M |
|
78
Novartis
NVS
$297B
| $624M | 0.3% |
6,183,546
-798,746
| -11% | -$79.9M |
|
79
Zimmer Biomet
ZBH
$17.3B
| $613M | 0.29% |
4,209,099
-168,694
| -4% | -$22.9M |
|
80
TJX Companies
TJX
$170B
| $612M | 0.29% |
7,223,231
-34,604
| -0.5% | -$2.73M |
|
81
Edison International
EIX
$30.6B
| $606M | 0.29% |
8,722,897
-1,420,769
| -14% | -$100M |
|
82
Ecolab
ECL
$74.1B
| $606M | 0.29% |
3,244,263
-6,854
| -0.2% | -$1.18M |
|
83
Home Depot
HD
$324B
| $605M | 0.29% |
1,946,033
+206,020
| +12% | +$60.9M |
|
84
Lam Research
LRCX
$400B
| $596M | 0.28% |
9,271,150
+37,720
| +0.4% | +$2.13M |
|
85
TSMC
TSM
$2.16T
| $587M | 0.28% |
5,817,748
+525,347
| +10% | +$48.9M |
|
86
Mercado Libre
MELI
$91.2B
| $570M | 0.27% |
481,379
-11,511
| -2% | -$14.5M |
|
87
Charter Communications
CHTR
$15.6B
| $560M | 0.27% |
1,524,256
+22,682
| +2% | +$7.74M |
|
88
Franklin Investment Grade Corporate ETF
FLCO
$576M
| $543M | 0.26% |
25,604,788
+304,684
| +1% | +$6.48M |
|
89
Starbucks
SBUX
$118B
| $543M | 0.26% |
5,481,457
+107,531
| +2% | +$11.2M |
|
90
Icon
ICLR
$13.1B
| $541M | 0.26% |
2,164,228
+22,585
| +1% | +$4.8M |
|
|
ATVI
91
DELISTED
Activision Blizzard
ATVI
| $538M | 0.26% |
6,386,895
-451,210
| -7% | -$36.5M |
|
92
Elevance Health
ELV
$82.3B
| $537M | 0.26% |
1,208,116
+115,789
| +11% | +$53.4M |
|
93
W.W. Grainger
GWW
$64.6B
| $535M | 0.25% |
679,030
+2,661
| +0.4% | +$1.83M |
|
94
Northrop Grumman
NOC
$75.8B
| $521M | 0.25% |
1,142,742
-733
| -0.1% | -$333K |
|
|
FISV
95
Fiserv Inc
FISV
$26.6B
| $517M | 0.25% |
4,101,520
-68,092
| -2% | -$8.02M |
|
96
Humana
HUM
$47.4B
| $516M | 0.25% |
1,154,368
+102,083
| +10% | +$51.4M |
|
97
Cintas
CTAS
$81.3B
| $513M | 0.24% |
4,124,516
-248,796
| -6% | -$29.2M |
|
98
Williams Companies
WMB
$92B
| $512M | 0.24% |
15,691,954
+1,308,338
| +9% | +$39.3M |
|
99
HCA Healthcare
HCA
$83.5B
| $511M | 0.24% |
1,684,069
-56,339
| -3% | -$15.7M |
|
100
HubSpot
HUBS
$9.73B
| $504M | 0.24% |
946,844
+127,537
| +16% | +$59.8M |
|
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.