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 | |
|---|---|---|---|---|---|---|
126
CBRE Group
CBRE
$40.9B
| $409M | 0.21% |
5,613,032
+173,675
| +3% | +$14.2M |
|
127
McCormick & Company Non-Voting
MKC
$13.5B
| $406M | 0.2% |
4,874,149
-19,742
| -0.4% | -$1.51M |
|
128
Regeneron Pharmaceuticals
REGN
$69.2B
| $402M | 0.2% |
489,784
-13,689
| -3% | -$10.3M |
|
|
129
Broadcom
AVGO
$1.81T
| $401M | 0.2% |
6,256,950
-5,345,200
| -46% | -$322M |
|
130
D.R. Horton
DHI
$40.7B
| $400M | 0.2% |
4,093,426
-1,519,470
| -27% | -$145M |
|
131
Parker-Hannifin
PH
$124B
| $395M | 0.2% |
1,175,839
-499,002
| -30% | -$165M |
|
|
NEE.PRQ
132
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $393M | 0.2% |
8,048,700
| – | – |
|
133
Shell
SHEL
$245B
| $393M | 0.2% |
6,829,221
+596,813
| +10% | +$35.1M |
|
134
SBA Communications
SBAC
$18.5B
| $390M | 0.2% |
1,495,097
-2,472
| -0.2% | -$680K |
|
135
Veeva Systems
VEEV
$30.4B
| $382M | 0.19% |
2,080,233
-73,485
| -3% | -$12.5M |
|
136
EOG Resources
EOG
$78.1B
| $377M | 0.19% |
3,289,588
+110,819
| +3% | +$13.4M |
|
137
Micron Technology
MU
$1.03T
| $374M | 0.19% |
6,196,698
+1,138,696
| +23% | +$66.7M |
|
138
Intercontinental Exchange
ICE
$81.9B
| $371M | 0.19% |
3,559,189
-85,130
| -2% | -$8.87M |
|
139
Everest Group
EG
$15.2B
| $371M | 0.19% |
1,036,374
-118,121
| -10% | -$42.5M |
|
140
Atlassian
TEAM
$21.9B
| $369M | 0.19% |
2,155,347
-363,624
| -14% | -$58M |
|
|
ANSS
141
DELISTED
Ansys
ANSS
| $367M | 0.18% |
1,101,683
+217,972
| +25% | +$61.5M |
|
|
SCHW
142
Charles Schwab
SCHW
$176B
| $363M | 0.18% |
6,932,571
+1,922,474
| +38% | +$141M |
|
143
Freeport-McMoran
FCX
$89.7B
| $363M | 0.18% |
8,871,667
-1,543,195
| -15% | -$64.2M |
|
144
Tapestry
TPR
$28.6B
| $359M | 0.18% |
8,325,081
-2,720,284
| -25% | -$117M |
|
145
Franklin US Treasury Bond ETF
FLGV
$1.03B
| $354M | 0.18% |
16,662,925
-44,354
| -0.3% | -$932K |
|
146
HubSpot
HUBS
$10.4B
| $351M | 0.18% |
819,307
-53,749
| -6% | -$19.6M |
|
147
Tyler Technologies
TYL
$12.3B
| $348M | 0.17% |
981,907
-116,763
| -11% | -$38M |
|
148
Adobe
ADBE
$89.9B
| $345M | 0.17% |
896,187
-267,905
| -23% | -$95.2M |
|
149
Snowflake
SNOW
$93B
| $341M | 0.17% |
2,212,093
-305,833
| -12% | -$44.8M |
|
150
iShares Core MSCI EAFE ETF
IEFA
$186B
| $339M | 0.17% |
5,077,988
+156,804
| +3% | +$10.3M |
|
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.