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 | |
|---|---|---|---|---|---|---|
101
Starbucks
SBUX
$118B
| $447M | 0.24% |
5,303,563
+10,534
| +0.2% | +$895K |
|
|
102
Broadcom
AVGO
$1.81T
| $443M | 0.24% |
9,983,590
+6,252,150
| +168% | +$319M |
|
103
Mercado Libre
MELI
$91.4B
| $439M | 0.24% |
530,539
+8,370
| +2% | +$7.19M |
|
104
Cadence Design Systems
CDNS
$90.9B
| $437M | 0.24% |
2,673,534
+252,697
| +10% | +$43.5M |
|
105
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.04B
| $436M | 0.24% |
11,912,978
-2,256,191
| -16% | -$90.8M |
|
106
CrowdStrike
CRWD
$186B
| $433M | 0.24% |
10,503,364
+786,404
| +8% | +$36M |
|
|
FISV
107
Fiserv Inc
FISV
$27.3B
| $431M | 0.24% |
4,608,393
-273,493
| -6% | -$27.9M |
|
108
Lam Research
LRCX
$379B
| $430M | 0.23% |
11,759,040
-9,580
| -0.1% | -$426K |
|
109
Snowflake
SNOW
$92.8B
| $430M | 0.23% |
2,528,772
+488,214
| +24% | +$80.8M |
|
110
US Bancorp
USB
$99.7B
| $423M | 0.23% |
10,489,789
+223,237
| +2% | +$10.3M |
|
111
DXC Technology
DXC
$1.63B
| $423M | 0.23% |
17,276,525
+136,275
| +0.8% | +$3.75M |
|
112
Veeva Systems
VEEV
$30.2B
| $423M | 0.23% |
2,564,158
+85,611
| +3% | +$17.1M |
|
113
Philip Morris
PM
$300B
| $421M | 0.23% |
5,071,563
+562,975
| +12% | +$53.7M |
|
114
IBM
IBM
$202B
| $416M | 0.23% |
3,500,645
-516,186
| -13% | -$67.7M |
|
|
115
Franklin US Equity Index ETF
USPX
$1.97B
| $413M | 0.22% |
13,226,028
+13,211,738
| +92,454% | +$460M |
|
116
Wabtec
WAB
$50.9B
| $412M | 0.22% |
5,064,201
-241,307
| -5% | -$21.3M |
|
|
CTLT
117
DELISTED
CATALENT, INC.
CTLT
| $410M | 0.22% |
5,665,825
-13,666
| -0.2% | -$1.36M |
|
118
Norfolk Southern
NSC
$79.1B
| $404M | 0.22% |
1,928,787
-24,028
| -1% | -$5.78M |
|
119
D.R. Horton
DHI
$41.1B
| $401M | 0.22% |
5,958,955
-363,231
| -6% | -$26.7M |
|
120
Crown Castle
CCI
$32.9B
| $395M | 0.22% |
2,730,899
+68,109
| +3% | +$11.7M |
|
121
Idexx Laboratories
IDXX
$43B
| $393M | 0.21% |
1,207,402
-4,668
| -0.4% | -$1.71M |
|
122
Dover
DOV
$27.3B
| $392M | 0.21% |
3,364,228
-142,449
| -4% | -$18.2M |
|
|
NEE.PRQ
123
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $391M | 0.21% |
8,053,800
+550
| +0% | +$28.8K |
|
124
Oracle
ORCL
$332B
| $386M | 0.21% |
6,316,023
+225,175
| +4% | +$16.5M |
|
125
MetLife
MET
$60.9B
| $374M | 0.2% |
6,159,689
+2,667,083
| +76% | +$170M |
|
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.