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 |
JPMorgan Chase
JPM
|
+$414M |
| 2 |
Atlassian
TEAM
|
+$401M |
| 3 |
Citigroup
C
|
+$305M |
| 4 |
Union Pacific
UNP
|
+$304M |
| 5 |
SIVB
SVB Financial Group
SIVB
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$449M |
| 2 |
Merck
MRK
|
+$436M |
| 3 |
IBM
IBM
|
+$406M |
| 4 |
MetLife
MET
|
+$368M |
| 5 |
Air Products & Chemicals
APD
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 16.37% |
| 3 | Financials | 11.35% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Williams Companies
WMB
$92B
| $402M | 0.21% |
12,227,576
+24,465
| +0.2% | +$796K |
|
|
127
Citigroup
C
$221B
| $400M | 0.21% |
8,842,059
+6,707,169
| +314% | +$305M |
|
128
Freeport-McMoran
FCX
$91.3B
| $396M | 0.21% |
10,414,862
+5,916,905
| +132% | +$207M |
|
129
Adobe
ADBE
$84.3B
| $392M | 0.2% |
1,164,092
-167,554
| -13% | -$53.6M |
|
130
Amgen
AMGN
$201B
| $391M | 0.2% |
1,486,870
-870,210
| -37% | -$233M |
|
131
Suncor Energy
SU
$78.4B
| $390M | 0.2% |
12,285,828
+4,418,507
| +56% | +$145M |
|
132
TSMC
TSM
$2.16T
| $388M | 0.2% |
5,209,280
+452,711
| +10% | +$32.8M |
|
133
MongoDB
MDB
$24.1B
| $386M | 0.2% |
1,962,574
+118,055
| +6% | +$21M |
|
134
Lam Research
LRCX
$400B
| $386M | 0.2% |
9,181,710
-2,577,330
| -22% | -$108M |
|
135
Northrop Grumman
NOC
$75.8B
| $384M | 0.2% |
703,172
-71,348
| -9% | -$37.2M |
|
136
Everest Group
EG
$14.9B
| $382M | 0.2% |
1,154,495
-586,459
| -34% | -$183M |
|
137
Philip Morris
PM
$298B
| $379M | 0.2% |
3,746,855
-1,324,708
| -26% | -$125M |
|
138
W.W. Grainger
GWW
$64.6B
| $379M | 0.2% |
680,919
+5,175
| +0.8% | +$2.92M |
|
139
Intercontinental Exchange
ICE
$81B
| $374M | 0.19% |
3,644,319
+106,176
| +3% | +$10.6M |
|
140
Nasdaq
NDAQ
$51.1B
| $374M | 0.19% |
6,088,075
+16,479
| +0.3% | +$1.03M |
|
141
Truist Financial
TFC
$62.5B
| $367M | 0.19% |
8,528,831
+338,633
| +4% | +$14.9M |
|
142
Regeneron Pharmaceuticals
REGN
$68.3B
| $363M | 0.19% |
503,473
-22,724
| -4% | -$16.8M |
|
143
Snowflake
SNOW
$91.9B
| $361M | 0.19% |
2,517,926
-10,846
| -0.4% | -$1.65M |
|
144
Shell
SHEL
$243B
| $355M | 0.18% |
6,232,408
-244,501
| -4% | -$13.5M |
|
145
Tyler Technologies
TYL
$11.9B
| $354M | 0.18% |
1,098,670
+44,261
| +4% | +$14.5M |
|
146
American Express
AXP
$233B
| $353M | 0.18% |
2,391,840
-264,040
| -10% | -$39.1M |
|
147
Applied Materials
AMAT
$447B
| $349M | 0.18% |
3,586,528
+997,128
| +39% | +$95.7M |
|
148
Veeva Systems
VEEV
$29.2B
| $348M | 0.18% |
2,153,718
-410,440
| -16% | -$70.1M |
|
149
Franklin US Treasury Bond ETF
FLGV
$1.03B
| $346M | 0.18% |
16,707,279
+1,508,926
| +10% | +$31.3M |
|
|
SIVB
150
DELISTED
SVB Financial Group
SIVB
| $345M | 0.18% |
1,500,073
+1,001,387
| +201% | +$249M |
|
Similar funds
Franklin Resources's Q4 2022 Portfolio in Review
As of Q4 2022, Franklin Resources held 2,432 positions worth $192B, up 4.8% from $184B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Franklin Resources withdrew a net $8.35B in Q4 2022, closing 103 positions and reducing 963 holdings. Its most notable exit was DTE Energy Company 2019 Corporate Units, an estimated $117M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Atlassian worth $324M.
- Franklin Resources's largest Q4 2022 buy was Atlassian: 2,518,971 shares worth $324M.
- Franklin Resources added most to JPMorgan Chase in Q4 2022, an estimated $414M increase.
- Franklin Resources's biggest Q4 2022 reduction was Bristol-Myers Squibb, cutting an estimated $449M.
- Franklin Resources fully exited DTE Energy Company 2019 Corporate Units in Q4 2022, selling an estimated $117M.
- Franklin Resources's ten largest holdings make up 15% of its $192B portfolio in Q4 2022.
- Franklin Resources opened 136 new positions and closed 103 in Q4 2022.
- Franklin Resources's portfolio value rose 4.8% quarter-over-quarter to $192B.
Based on Franklin Resources's 13F filing for Q4 2022, filed 10 Feb 2023.