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 | |
|---|---|---|---|---|---|---|
1201
Northrim BanCorp
NRIM
$603M
| $2.53M | ﹤0.01% |
243,600
| – | – |
|
1202
West Fraser Timber
WFG
$5.18B
| $2.52M | ﹤0.01% |
34,864
-22,609
| -39% | -$1.96M |
|
1203
Iron Mountain
IRM
$38.2B
| $2.49M | ﹤0.01% |
56,675
-4,748
| -8% | -$240K |
|
1204
Viatris
VTRS
$20.1B
| $2.49M | ﹤0.01% |
291,799
-2,642
| -0.9% | -$26K |
|
|
TPIC
1205
DELISTED
TPI Composites
TPIC
| $2.45M | ﹤0.01% |
216,834
-55,338
| -20% | -$875K |
|
|
FLHK
1206
DELISTED
Franklin FTSE Hong Kong ETF
FLHK
| $2.44M | ﹤0.01% |
128,563
| – | – |
|
1207
Fluence Energy
FLNC
$1.78B
| $2.42M | ﹤0.01% |
166,200
-21,300
| -11% | -$322K |
|
1208
Vanguard Total Bond Market
BND
$157B
| $2.4M | ﹤0.01% |
33,705
+3,853
| +13% | +$288K |
|
1209
Franklin FTSE China ETF
FLCH
$276M
| $2.39M | ﹤0.01% |
141,194
-8,805
| -6% | -$173K |
|
1210
BlackRock Credit Allocation Income Trust
BTZ
$927M
| $2.38M | ﹤0.01% |
250,000
| – | – |
|
1211
LSI Industries
LYTS
$853M
| $2.38M | ﹤0.01% |
309,318
| – | – |
|
1212
Qorvo
QRVO
$7.63B
| $2.38M | ﹤0.01% |
29,945
-2,969
| -9% | -$287K |
|
|
SWIR
1213
DELISTED
Sierra Wireless
SWIR
| $2.38M | ﹤0.01% |
78,100
| – | – |
|
1214
Mercer International
MERC
$44.9M
| $2.37M | ﹤0.01% |
192,674
-43
| -0% | -$636 |
|
1215
Vanguard FTSE All-World ex-US ETF
VEU
$65.6B
| $2.36M | ﹤0.01% |
53,149
+4,590
| +9% | +$227K |
|
1216
Celestica
CLS
$35.1B
| $2.35M | ﹤0.01% |
279,607
-11,353
| -4% | -$115K |
|
|
CNH
1217
CNH Industrial
CNH
$13.8B
| $2.35M | ﹤0.01% |
209,928
-187,142
| -47% | -$2.25M |
|
1218
TFI International
TFII
$12.4B
| $2.35M | ﹤0.01% |
25,989
+1,633
| +7% | +$158K |
|
1219
Honda
HMC
$36.5B
| $2.34M | ﹤0.01% |
108,366
-599
| -0.5% | -$15.1K |
|
1220
Preformed Line Products
PLPC
$1.52B
| $2.33M | ﹤0.01% |
32,788
+16
| +0% | +$1.13K |
|
|
NETI
1221
DELISTED
Eneti Inc.
NETI
| $2.33M | ﹤0.01% |
349,100
-10,000
| -3% | -$71.1K |
|
|
SAVE
1222
DELISTED
Spirit Airlines, Inc.
SAVE
| $2.32M | ﹤0.01% |
123,423
-251,457
| -67% | -$5.9M |
|
1223
United Bankshares
UBSI
$6.55B
| $2.32M | ﹤0.01% |
64,826
+14,619
| +29% | +$545K |
|
1224
RB Global
RBA
$20.8B
| $2.31M | ﹤0.01% |
37,054
+21,352
| +136% | +$1.45M |
|
|
AUY
1225
DELISTED
Yamana Gold, Inc.
AUY
| $2.31M | ﹤0.01% |
511,012
+413,773
| +426% | +$1.92M |
|
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.