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 | |
|---|---|---|---|---|---|---|
1051
Zions Bancorporation
ZION
$10.1B
| $4.39M | ﹤0.01% |
86,300
+3,433
| +4% | +$188K |
|
1052
Coherent
COHR
$55.2B
| $4.39M | ﹤0.01% |
125,859
-891,166
| -88% | -$42.7M |
|
1053
VeriSign
VRSN
$25.3B
| $4.35M | ﹤0.01% |
25,041
+13,927
| +125% | +$2.58M |
|
1054
Sabra Healthcare REIT
SBRA
$5.64B
| $4.33M | ﹤0.01% |
329,702
-2,903
| -0.9% | -$42.9K |
|
1055
Grand Canyon Education
LOPE
$3.71B
| $4.32M | ﹤0.01% |
52,522
+29,897
| +132% | +$2.59M |
|
1056
Oil States International
OIS
$522M
| $4.31M | ﹤0.01% |
1,108,094
+355,655
| +47% | +$1.7M |
|
1057
Etsy
ETSY
$7.65B
| $4.3M | ﹤0.01% |
42,955
+30,875
| +256% | +$3.15M |
|
1058
Select Water Solutions
WTTR
$2.51B
| $4.25M | ﹤0.01% |
609,727
-7,000
| -1% | -$48.6K |
|
1059
Hertz
HTZ
$572M
| $4.24M | ﹤0.01% |
+260,675
| New | +$4.89M |
|
1060
Agree Realty
ADC
$9.68B
| $4.22M | ﹤0.01% |
62,482
+26,473
| +74% | +$1.99M |
|
1061
First Business Financial Services
FBIZ
$562M
| $4.22M | ﹤0.01% |
130,590
| – | – |
|
1062
Thor Industries
THO
$3.99B
| $4.22M | ﹤0.01% |
60,255
+17,914
| +42% | +$1.46M |
|
1063
Lincoln National
LNC
$7.91B
| $4.21M | ﹤0.01% |
95,892
-6,245
| -6% | -$301K |
|
1064
BJs Wholesale Club
BJ
$11.9B
| $4.2M | ﹤0.01% |
57,629
+39,590
| +219% | +$2.84M |
|
1065
Credit Acceptance
CACC
$6B
| $4.19M | ﹤0.01% |
9,573
+2,156
| +29% | +$1.14M |
|
1066
Boston Scientific
BSX
$65.8B
| $4.19M | ﹤0.01% |
108,161
+14,851
| +16% | +$596K |
|
1067
Best Buy
BBY
$18B
| $4.18M | ﹤0.01% |
66,007
-216,764
| -77% | -$16.1M |
|
1068
FNB Corp
FNB
$6.78B
| $4.14M | ﹤0.01% |
356,755
+94,112
| +36% | +$1.12M |
|
1069
New Fortress Energy
NFE
$101M
| $4.13M | ﹤0.01% |
94,478
-11,222
| -11% | -$563K |
|
1070
Dell
DELL
$283B
| $4.12M | ﹤0.01% |
120,695
+27,903
| +30% | +$1.17M |
|
1071
State Street
STT
$50.9B
| $4.12M | ﹤0.01% |
67,807
+6,611
| +11% | +$452K |
|
1072
Penske Automotive Group
PAG
$14.3B
| $4.12M | ﹤0.01% |
41,849
+8,431
| +25% | +$940K |
|
|
EMBK
1073
DELISTED
Embark Technology, Inc. Common Stock
EMBK
| $4.12M | ﹤0.01% |
554,179
-47,000
| -8% | -$467K |
|
1074
iShares S&P Small-Cap 600 Value ETF
IJS
$8.11B
| $4.09M | ﹤0.01% |
49,666
| – | – |
|
|
FRC
1075
DELISTED
First Republic Bank
FRC
| $4.02M | ﹤0.01% |
30,800
+1,787
| +6% | +$274K |
|
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.