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 |
Union Pacific
UNP
|
+$455M |
| 2 |
Comcast
CMCSA
|
+$393M |
| 3 |
Bank of America
BAC
|
+$387M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$352M |
| 5 |
Target
TGT
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
T-Mobile US
TMUS
|
+$403M |
| 2 |
CoStar Group
CSGP
|
+$348M |
| 3 |
ExxonMobil
XOM
|
+$320M |
| 4 |
Wells Fargo
WFC
|
+$260M |
| 5 |
Microsoft
MSFT
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.87% |
| 2 | Healthcare | 15.43% |
| 3 | Financials | 10.44% |
| 4 | Industrials | 9.86% |
| 5 | Consumer Discretionary | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Broadcom
AVGO
$1.84T
| $424M | 0.2% |
4,890,930
-1,366,020
| -22% | -$97.4M |
|
127
Capital One
COF
$122B
| $424M | 0.2% |
3,875,537
+766,790
| +25% | +$76.8M |
|
128
KLA
KLAC
$281B
| $421M | 0.2% |
8,678,500
+770,210
| +10% | +$32.2M |
|
129
Everest Group
EG
$14.9B
| $421M | 0.2% |
1,230,501
+194,127
| +19% | +$70.1M |
|
130
Veeva Systems
VEEV
$29.7B
| $412M | 0.2% |
2,082,117
+1,884
| +0.1% | +$344K |
|
131
Rio Tinto
RIO
$149B
| $407M | 0.19% |
6,379,660
+23,071
| +0.4% | +$1.48M |
|
132
Tyler Technologies
TYL
$12.1B
| $403M | 0.19% |
966,944
-14,963
| -2% | -$5.76M |
|
133
Mettler-Toledo International
MTD
$27B
| $401M | 0.19% |
305,740
+179
| +0.1% | +$252K |
|
134
EOG Resources
EOG
$77.6B
| $397M | 0.19% |
3,467,838
+178,250
| +5% | +$20.4M |
|
|
NEE.PRQ
135
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $395M | 0.19% |
8,048,700
| – | – |
|
136
Verizon
VZ
$184B
| $394M | 0.19% |
10,582,028
+9,415
| +0.1% | +$348K |
|
137
S&P Global
SPGI
$125B
| $390M | 0.19% |
973,997
+1,635
| +0.2% | +$597K |
|
|
138
T-Mobile US
TMUS
$187B
| $386M | 0.18% |
2,776,322
-2,869,901
| -51% | -$403M |
|
139
Willis Towers Watson
WTW
$27.3B
| $383M | 0.18% |
1,626,917
-359,991
| -18% | -$83M |
|
140
Paycom
PAYC
$6.57B
| $370M | 0.18% |
1,153,280
+58,218
| +5% | +$17.2M |
|
141
Atlassian
TEAM
$21B
| $366M | 0.17% |
2,178,799
+23,452
| +1% | +$3.76M |
|
142
Ferguson
FERG
$44.5B
| $365M | 0.17% |
+2,322,434
| New | +$331M |
|
143
Eaton
ETN
$158B
| $365M | 0.17% |
1,815,924
+45,939
| +3% | +$8.08M |
|
144
Shell
SHEL
$244B
| $365M | 0.17% |
6,037,648
-791,573
| -12% | -$47.5M |
|
145
Microchip Technology
MCHP
$43.5B
| $365M | 0.17% |
4,068,977
+54,467
| +1% | +$4.3M |
|
146
Intercontinental Exchange
ICE
$81.3B
| $363M | 0.17% |
3,210,907
-348,282
| -10% | -$37.7M |
|
147
Tapestry
TPR
$28B
| $362M | 0.17% |
8,461,191
+136,110
| +2% | +$5.67M |
|
148
iShares Core S&P 500 ETF
IVV
$876B
| $358M | 0.17% |
803,404
+25,935
| +3% | +$10.9M |
|
149
Franklin US Treasury Bond ETF
FLGV
$1.03B
| $358M | 0.17% |
17,215,669
+552,744
| +3% | +$11.6M |
|
150
Goldman Sachs
GS
$317B
| $356M | 0.17% |
1,104,598
+229,359
| +26% | +$75.4M |
|
Similar funds
Franklin Resources's Q2 2023 Portfolio in Review
As of Q2 2023, Franklin Resources held 2,805 positions worth $210B, up 5.6% from $199B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Franklin Resources's Q2 2023 filing shows 498 new, 1,216 increased, 722 reduced and 82 closed positions. Its largest new stake was Ferguson: 2,322,434 shares worth $365M. The largest sale was T-Mobile US, an estimated $403M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2023 buy was Ferguson: 2,322,434 shares worth $365M.
- Franklin Resources added most to Union Pacific in Q2 2023, an estimated $455M increase.
- Franklin Resources's biggest Q2 2023 reduction was T-Mobile US, cutting an estimated $403M.
- Franklin Resources fully exited Arconic Corporation in Q2 2023, selling an estimated $114M.
- Franklin Resources's ten largest holdings make up 17% of its $210B portfolio in Q2 2023.
- Franklin Resources opened 498 new positions and closed 82 in Q2 2023.
- Franklin Resources's portfolio value rose 5.6% quarter-over-quarter to $210B.
Based on Franklin Resources's 13F filing for Q2 2023, filed 11 Aug 2023.