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 | |
|---|---|---|---|---|---|---|
151
TSMC
TSM
$2.09T
| $326M | 0.18% |
4,756,569
+530,569
| +13% | +$43.9M |
|
152
Shell
SHEL
$245B
| $322M | 0.18% |
6,476,909
-1,050,328
| -14% | -$54.1M |
|
153
Constellation Brands
STZ
$22.2B
| $322M | 0.18% |
1,400,456
-29,575
| -2% | -$7.21M |
|
154
Crown Holdings
CCK
$12.8B
| $320M | 0.17% |
3,950,806
-362,508
| -8% | -$33.8M |
|
155
Intercontinental Exchange
ICE
$82.4B
| $320M | 0.17% |
3,538,143
+431,796
| +14% | +$43.3M |
|
156
Dollar Tree
DLTR
$23.1B
| $319M | 0.17% |
2,345,519
-820,860
| -26% | -$128M |
|
157
Franklin US Treasury Bond ETF
FLGV
$1.03B
| $316M | 0.17% |
15,198,353
-1,302,359
| -8% | -$28.1M |
|
158
Western Digital
WDC
$179B
| $316M | 0.17% |
12,836,388
-1,044,520
| -8% | -$34.7M |
|
159
Tapestry
TPR
$28.8B
| $312M | 0.17% |
10,987,174
+1,161,321
| +12% | +$38.8M |
|
160
Carlisle Companies
CSL
$13.6B
| $309M | 0.17% |
1,101,032
-12,073
| -1% | -$3.46M |
|
161
TotalEnergies
TTE
$193B
| $308M | 0.17% |
6,614,440
-1,041,835
| -14% | -$52.3M |
|
162
Costco
COST
$415B
| $307M | 0.17% |
650,028
-34
| -0% | -$17.7K |
|
163
Edwards Lifesciences
EW
$47.6B
| $306M | 0.17% |
3,698,155
-177,113
| -5% | -$17M |
|
164
Royal Bank of Canada
RY
$291B
| $305M | 0.17% |
3,392,736
-126,866
| -4% | -$12.2M |
|
165
iShares Core MSCI EAFE ETF
IEFA
$186B
| $302M | 0.16% |
5,741,387
+841,803
| +17% | +$49.5M |
|
166
S&P Global
SPGI
$126B
| $296M | 0.16% |
970,364
-15,550
| -2% | -$5.56M |
|
167
Republic Services
RSG
$66.7B
| $293M | 0.16% |
2,151,758
+50,702
| +2% | +$7.08M |
|
168
Toronto Dominion Bank
TD
$198B
| $292M | 0.16% |
4,763,291
-192,843
| -4% | -$12.5M |
|
169
Exelon
EXC
$48.6B
| $289M | 0.16% |
7,721,736
-3,040,930
| -28% | -$134M |
|
170
CBRE Group
CBRE
$40.8B
| $286M | 0.16% |
4,240,557
+696,454
| +20% | +$55.2M |
|
171
JB Hunt Transport Services
JBHT
$27.1B
| $285M | 0.16% |
1,821,794
+49,607
| +3% | +$8.66M |
|
172
Icon
ICLR
$12.8B
| $275M | 0.15% |
1,494,005
+682,251
| +84% | +$148M |
|
173
Vertex Pharmaceuticals
VRTX
$121B
| $270M | 0.15% |
932,851
-58,108
| -6% | -$16.7M |
|
174
Marathon Petroleum
MPC
$90.3B
| $268M | 0.15% |
2,697,823
-1,309,474
| -33% | -$123M |
|
175
Evergy
EVRG
$20.1B
| $267M | 0.15% |
4,492,972
+124,914
| +3% | +$8.4M |
|
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.