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 |
FITB
Fifth Third Bancorp
FITB
|
+$293M |
| 2 |
Pfizer
PFE
|
+$290M |
| 3 |
Goldman Sachs
GS
|
+$282M |
| 4 |
NextEra Energy
NEE
|
+$230M |
| 5 |
General Motors
GM
|
+$225M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AbbVie
ABBV
|
+$418M |
| 2 |
SIVB
SVB Financial Group
SIVB
|
+$345M |
| 3 |
NEE.PRP
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
|
+$334M |
| 4 |
Broadcom
AVGO
|
+$322M |
| 5 |
Western Digital
WDC
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.74% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 10.76% |
| 4 | Industrials | 9.41% |
| 5 | Consumer Discretionary | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
TSMC
TSM
$2.11T
| $492M | 0.25% |
5,292,401
+83,121
| +2% | +$7.46M |
|
102
Lam Research
LRCX
$390B
| $489M | 0.25% |
9,233,430
+51,720
| +0.6% | +$2.54M |
|
103
Booking.com
BKNG
$138B
| $484M | 0.24% |
4,559,000
-677,675
| -13% | -$66M |
|
104
DXC Technology
DXC
$1.62B
| $474M | 0.24% |
18,540,675
+1,223,426
| +7% | +$33.3M |
|
|
FISV
105
Fiserv Inc
FISV
$27.3B
| $471M | 0.24% |
4,169,612
-12,724
| -0.3% | -$1.4M |
|
106
Monster Beverage
MNST
$91.5B
| $468M | 0.23% |
8,659,210
+286,830
| +3% | +$14.7M |
|
107
Mettler-Toledo International
MTD
$26.9B
| $468M | 0.23% |
305,561
-8,318
| -3% | -$12.5M |
|
108
Applied Materials
AMAT
$434B
| $467M | 0.23% |
3,800,644
+214,116
| +6% | +$24.6M |
|
109
Ross Stores
ROST
$76.4B
| $466M | 0.23% |
4,393,035
-27,064
| -0.6% | -$3.04M |
|
110
W.W. Grainger
GWW
$65B
| $466M | 0.23% |
676,369
-4,550
| -0.7% | -$2.9M |
|
111
General Dynamics
GD
$104B
| $466M | 0.23% |
2,040,343
-44,400
| -2% | -$10.3M |
|
112
Colgate-Palmolive
CL
$72.3B
| $465M | 0.23% |
6,189,547
+800,306
| +15% | +$59.5M |
|
113
Willis Towers Watson
WTW
$27.7B
| $462M | 0.23% |
1,986,908
-98,664
| -5% | -$23.9M |
|
114
HCA Healthcare
HCA
$84.5B
| $459M | 0.23% |
1,740,408
-1,228,974
| -41% | -$312M |
|
115
Icon
ICLR
$12.9B
| $457M | 0.23% |
2,141,643
+502,496
| +31% | +$112M |
|
116
Voya Financial
VOYA
$8.88B
| $454M | 0.23% |
6,358,148
-1,364,839
| -18% | -$95.6M |
|
117
Wells Fargo
WFC
$261B
| $442M | 0.22% |
11,824,078
-6,898,636
| -37% | -$301M |
|
118
MongoDB
MDB
$24B
| $438M | 0.22% |
1,878,061
-84,513
| -4% | -$17.7M |
|
119
Rio Tinto
RIO
$149B
| $436M | 0.22% |
6,356,589
-19,846
| -0.3% | -$1.44M |
|
120
Norfolk Southern
NSC
$79.2B
| $430M | 0.22% |
2,026,642
-12,674
| -0.6% | -$2.93M |
|
121
Williams Companies
WMB
$91.3B
| $429M | 0.22% |
14,383,616
+2,156,040
| +18% | +$66.6M |
|
122
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.05B
| $426M | 0.21% |
10,289,406
-806,403
| -7% | -$32.5M |
|
123
Mondelez International
MDLZ
$77.3B
| $413M | 0.21% |
5,923,035
+829,046
| +16% | +$54.9M |
|
124
DuPont de Nemours
DD
$18.7B
| $412M | 0.21% |
4,571,187
-637,441
| -12% | -$58.1M |
|
125
Verizon
VZ
$190B
| $411M | 0.21% |
10,572,613
-871,055
| -8% | -$34.4M |
|
Similar funds
Franklin Resources's Q1 2023 Portfolio in Review
As of Q1 2023, Franklin Resources held 2,440 positions worth $199B, up 3.6% from $192B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Franklin Resources withdrew a net $6.73B in Q1 2023, closing 130 positions and reducing 1,046 holdings. Its most notable exit was SVB Financial Group, an estimated $345M position sold in full.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Franklin Responsibly Sourced Gold ETF worth $55M.
- Franklin Resources's largest Q1 2023 buy was Franklin Responsibly Sourced Gold ETF: 2,085,000 shares worth $55M.
- Franklin Resources added most to Fifth Third Bancorp in Q1 2023, an estimated $293M increase.
- Franklin Resources's biggest Q1 2023 reduction was AbbVie, cutting an estimated $418M.
- Franklin Resources fully exited SVB Financial Group in Q1 2023, selling an estimated $345M.
- Franklin Resources's ten largest holdings make up 16% of its $199B portfolio in Q1 2023.
- Franklin Resources opened 112 new positions and closed 130 in Q1 2023.
- Franklin Resources's portfolio value rose 3.6% quarter-over-quarter to $199B.
Based on Franklin Resources's 13F filing for Q1 2023, filed 12 May 2023.