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 |
Blackrock
BLK
|
+$449M |
| 2 |
JPMorgan Chase
JPM
|
+$426M |
| 3 |
Parker-Hannifin
PH
|
+$352M |
| 4 |
Texas Instruments
TXN
|
+$339M |
| 5 |
Rio Tinto
RIO
|
+$298M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$672M |
| 2 |
Merck
MRK
|
+$596M |
| 3 |
Southern Company
SO
|
+$534M |
| 4 |
Sempra
SRE
|
+$523M |
| 5 |
DTE Energy
DTE
|
+$491M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.2% |
| 2 | Healthcare | 17.28% |
| 3 | Financials | 10.36% |
| 4 | Industrials | 9.21% |
| 5 | Consumer Discretionary | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Dollar Tree
DLTR
$22.6B
| $493M | 0.24% |
3,166,379
-1,063,335
| -25% | -$168M |
|
102
Veeva Systems
VEEV
$29.2B
| $491M | 0.24% |
2,478,547
-257,398
| -9% | -$47.4M |
|
103
Willis Towers Watson
WTW
$27.2B
| $488M | 0.24% |
2,472,175
-24,810
| -1% | -$5.32M |
|
104
Exelon
EXC
$48.4B
| $488M | 0.24% |
10,762,666
-2,415,588
| -18% | -$114M |
|
|
SOLN
105
DELISTED
The Southern Company
SOLN
| $479M | 0.24% |
9,047,133
-117,560
| -1% | -$6.46M |
|
106
Zimmer Biomet
ZBH
$17.3B
| $474M | 0.24% |
4,515,566
-93,191
| -2% | -$11.1M |
|
107
US Bancorp
USB
$98.7B
| $472M | 0.23% |
10,266,552
+640,681
| +7% | +$32M |
|
108
Entergy
ETR
$54B
| $472M | 0.23% |
8,376,022
-222,908
| -3% | -$13.1M |
|
109
Western Digital
WDC
$192B
| $470M | 0.23% |
13,880,908
-687,784
| -5% | -$27.6M |
|
110
HCA Healthcare
HCA
$83.5B
| $470M | 0.23% |
2,798,403
+293,896
| +12% | +$63.1M |
|
111
MSCI
MSCI
$40.2B
| $469M | 0.23% |
1,138,631
-108,740
| -9% | -$47.3M |
|
112
General Dynamics
GD
$103B
| $469M | 0.23% |
2,119,130
-177,614
| -8% | -$40.9M |
|
113
Atlassian
TEAM
$20.3B
| $468M | 0.23% |
2,496,881
+96,594
| +4% | +$20.6M |
|
114
Everest Group
EG
$14.9B
| $463M | 0.23% |
1,650,826
-175,195
| -10% | -$49.5M |
|
115
Workday
WDAY
$31.6B
| $460M | 0.23% |
3,294,834
-171,046
| -5% | -$31.1M |
|
116
AT&T
T
$157B
| $452M | 0.22% |
21,583,641
-8,508,877
| -28% | -$170M |
|
117
Crown Castle
CCI
$32.6B
| $448M | 0.22% |
2,662,790
-104,562
| -4% | -$19M |
|
118
Philip Morris
PM
$298B
| $445M | 0.22% |
4,508,588
-2,181,297
| -33% | -$222M |
|
119
Norfolk Southern
NSC
$78.3B
| $444M | 0.22% |
1,952,815
-8,161
| -0.4% | -$2M |
|
120
Wabtec
WAB
$50.3B
| $435M | 0.22% |
5,305,508
-1,096,657
| -17% | -$97.7M |
|
|
FISV
121
Fiserv Inc
FISV
$26.6B
| $434M | 0.22% |
4,881,886
-125,511
| -3% | -$12.2M |
|
122
Oracle
ORCL
$346B
| $426M | 0.21% |
6,090,848
+1,096,555
| +22% | +$80.3M |
|
123
Dover
DOV
$26.6B
| $425M | 0.21% |
3,506,677
+78,906
| +2% | +$10.7M |
|
124
Idexx Laboratories
IDXX
$42.5B
| $425M | 0.21% |
1,212,070
-94,401
| -7% | -$38.5M |
|
125
Shopify
SHOP
$145B
| $425M | 0.21% |
13,590,250
+1,987,550
| +17% | +$84.9M |
|
Similar funds
Franklin Resources's Q2 2022 Portfolio in Review
As of Q2 2022, Franklin Resources held 2,536 positions worth $202B, down 19% from $250B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Franklin Resources withdrew a net $13.3B in Q2 2022, closing 177 positions and reducing 1,212 holdings. Its most notable exit was Dominion Energy, Inc. 2019 Series A Corporate Units, an estimated $377M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Aspen Technology Inc worth $115M.
- Franklin Resources's largest Q2 2022 buy was Aspen Technology Inc: 627,495 shares worth $115M.
- Franklin Resources added most to Blackrock in Q2 2022, an estimated $449M increase.
- Franklin Resources's biggest Q2 2022 reduction was Verizon, cutting an estimated $672M.
- Franklin Resources fully exited Dominion Energy, Inc. 2019 Series A Corporate Units in Q2 2022, selling an estimated $377M.
- Franklin Resources's ten largest holdings make up 14% of its $202B portfolio in Q2 2022.
- Franklin Resources opened 99 new positions and closed 177 in Q2 2022.
- Franklin Resources's portfolio value fell 19% quarter-over-quarter to $202B.
Based on Franklin Resources's 13F filing for Q2 2022, filed 11 Aug 2022.