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 | |
|---|---|---|---|---|---|---|
|
OSG
1701
Octave Specialty Group
OSG
$252M
| $402K | ﹤0.01% |
25,956
-14
| -0.1% | -$227 |
|
1702
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.56B
| $401K | ﹤0.01% |
9,275
-284,058
| -97% | -$12.3M |
|
1703
Barrett Business Services
BBSI
$976M
| $399K | ﹤0.01% |
+18,004
| New | +$421K |
|
1704
Newell Brands
NWL
$2.16B
| $398K | ﹤0.01% |
31,971
+2,089
| +7% | +$29.5K |
|
1705
PBF Energy
PBF
$7.29B
| $397K | ﹤0.01% |
9,166
-829
| -8% | -$34.9K |
|
|
MLNK
1706
DELISTED
MeridianLink
MLNK
| $395K | ﹤0.01% |
22,814
| – | – |
|
1707
APi Group
APG
$17.1B
| $394K | ﹤0.01% |
+26,282
| New | +$377K |
|
1708
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $394K | ﹤0.01% |
4,792
-1,714
| -26% | -$140K |
|
1709
e.l.f. Beauty
ELF
$4.56B
| $393K | ﹤0.01% |
4,777
+277
| +6% | +$18.7K |
|
1710
StoneCo
STNE
$2.62B
| $392K | ﹤0.01% |
+41,130
| New | +$394K |
|
1711
Andersons Inc
ANDE
$2.65B
| $392K | ﹤0.01% |
+9,493
| New | +$375K |
|
|
AIV
1712
Aimco
AIV
$380M
| $392K | ﹤0.01% |
51,004
+24,903
| +95% | +$186K |
|
1713
RLX Technology
RLX
$2.48B
| $390K | ﹤0.01% |
134,328
-11,434
| -8% | -$27.7K |
|
1714
Kosmos Energy
KOS
$1.56B
| $388K | ﹤0.01% |
52,189
-2,464
| -5% | -$18K |
|
1715
AptarGroup
ATR
$8.45B
| $387K | ﹤0.01% |
3,271
+521
| +19% | +$59.2K |
|
1716
Algoma Steel
ASTL
$455M
| $385K | ﹤0.01% |
47,567
+9,013
| +23% | +$68.9K |
|
1717
Ethan Allen Interiors
ETD
$581M
| $384K | ﹤0.01% |
13,983
+102
| +0.7% | +$2.9K |
|
1718
EastGroup Properties
EGP
$11.5B
| $383K | ﹤0.01% |
2,316
-244
| -10% | -$39.7K |
|
1719
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.82B
| $383K | ﹤0.01% |
9,310
| – | – |
|
1720
Clearwater Paper
CLW
$271M
| $382K | ﹤0.01% |
11,420
+1
| +0% | +$36 |
|
1721
Invesco Variable Rate Preferred ETF
VRP
$2.99B
| $379K | ﹤0.01% |
+17,100
| New | +$390K |
|
1722
Watts Water Technologies
WTS
$11.5B
| $378K | ﹤0.01% |
2,245
+102
| +5% | +$16.8K |
|
|
LTHM
1723
DELISTED
Livent Corporation
LTHM
| $377K | ﹤0.01% |
17,363
-5,596
| -24% | -$129K |
|
1724
Usana Health Sciences
USNA
$394M
| $377K | ﹤0.01% |
5,994
+234
| +4% | +$14K |
|
1725
Varonis Systems
VRNS
$5.25B
| $377K | ﹤0.01% |
14,485
-16,383
| -53% | -$427K |
|
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.