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 | |
|---|---|---|---|---|---|---|
126
BCE
BCE
$19.9B
| $374M | 0.2% |
8,926,088
-1,258,590
| -12% | -$61.2M |
|
127
Ross Stores
ROST
$76.6B
| $370M | 0.2% |
4,390,946
-82,563
| -2% | -$7.01M |
|
128
Entergy
ETR
$54.1B
| $370M | 0.2% |
7,348,296
-1,027,726
| -12% | -$59M |
|
129
Monster Beverage
MNST
$91.4B
| $368M | 0.2% |
8,459,540
-50,234
| -0.6% | -$2.31M |
|
130
Adobe
ADBE
$89.5B
| $366M | 0.2% |
1,331,646
-574,568
| -30% | -$217M |
|
131
Tyler Technologies
TYL
$12.2B
| $366M | 0.2% |
1,054,409
+149,953
| +17% | +$55.8M |
|
132
MongoDB
MDB
$24B
| $366M | 0.2% |
1,844,519
+497,894
| +37% | +$145M |
|
133
Northrop Grumman
NOC
$77B
| $364M | 0.2% |
774,520
-91,547
| -11% | -$43.6M |
|
|
SCHW
134
Charles Schwab
SCHW
$177B
| $363M | 0.2% |
5,052,035
-32,571
| -0.6% | -$2.26M |
|
135
Regeneron Pharmaceuticals
REGN
$68.8B
| $362M | 0.2% |
526,197
+1,511
| +0.3% | +$951K |
|
136
Rio Tinto
RIO
$148B
| $360M | 0.2% |
6,542,015
+353,797
| +6% | +$20.4M |
|
137
American Express
AXP
$223B
| $358M | 0.2% |
2,655,880
-268,201
| -9% | -$40.6M |
|
138
Shopify
SHOP
$148B
| $357M | 0.19% |
13,249,403
-340,847
| -3% | -$11.6M |
|
139
Truist Financial
TFC
$63.2B
| $357M | 0.19% |
8,190,198
-692,804
| -8% | -$33.3M |
|
140
SLB Ltd
SLB
$78.4B
| $356M | 0.19% |
9,902,547
+2,501,435
| +34% | +$90.7M |
|
141
Colgate-Palmolive
CL
$72.6B
| $355M | 0.19% |
5,050,383
+120,870
| +2% | +$9.48M |
|
142
EOG Resources
EOG
$78B
| $352M | 0.19% |
3,154,215
-135,280
| -4% | -$15.2M |
|
143
Parker-Hannifin
PH
$125B
| $350M | 0.19% |
1,444,760
+104,143
| +8% | +$28.2M |
|
144
General Motors
GM
$74.7B
| $350M | 0.19% |
10,900,000
-612,388
| -5% | -$22.5M |
|
145
Williams Companies
WMB
$90.5B
| $349M | 0.19% |
12,203,111
+1,078,625
| +10% | +$35.1M |
|
146
McCormick & Company Non-Voting
MKC
$13.4B
| $348M | 0.19% |
4,885,450
-55,331
| -1% | -$4.64M |
|
147
Mettler-Toledo International
MTD
$26.8B
| $347M | 0.19% |
319,654
+3,407
| +1% | +$4.23M |
|
148
Nasdaq
NDAQ
$52.1B
| $344M | 0.19% |
6,071,596
-72,704
| -1% | -$4.28M |
|
149
DuPont de Nemours
DD
$18.6B
| $343M | 0.19% |
5,424,851
+196,404
| +4% | +$14M |
|
150
W.W. Grainger
GWW
$65.3B
| $331M | 0.18% |
675,744
-15,257
| -2% | -$8.03M |
|
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.