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 | |
|---|---|---|---|---|---|---|
151
Mondelez International
MDLZ
$77.1B
| $340M | 0.18% |
5,093,989
+301,887
| +6% | +$19.1M |
|
152
Crown Castle
CCI
$32.6B
| $335M | 0.17% |
2,472,413
-258,486
| -9% | -$35M |
|
|
NEE.PRP
153
DELISTED
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
| $334M | 0.17% |
6,580,403
-4,314,003
| -40% | -$216M |
|
154
General Motors
GM
$73B
| $331M | 0.17% |
9,835,851
-1,064,149
| -10% | -$39.3M |
|
|
155
Atlassian
TEAM
$20.3B
| $324M | 0.17% |
+2,518,971
| New | +$401M |
|
156
S&P Global
SPGI
$124B
| $324M | 0.17% |
966,580
-3,784
| -0.4% | -$1.25M |
|
157
Constellation Brands
STZ
$22.1B
| $322M | 0.17% |
1,390,478
-9,978
| -0.7% | -$2.39M |
|
158
Icon
ICLR
$13.1B
| $318M | 0.17% |
1,639,147
+145,142
| +10% | +$28.8M |
|
159
JB Hunt Transport Services
JBHT
$27.2B
| $318M | 0.17% |
1,824,794
+3,000
| +0.2% | +$524K |
|
160
Evergy
EVRG
$20B
| $317M | 0.16% |
5,034,404
+541,432
| +12% | +$32.5M |
|
161
BILL Holdings
BILL
$4.11B
| $313M | 0.16% |
2,875,160
-502,271
| -15% | -$60.3M |
|
162
Dollar Tree
DLTR
$22.6B
| $313M | 0.16% |
2,212,285
-133,234
| -6% | -$19.8M |
|
163
Costco
COST
$411B
| $310M | 0.16% |
679,906
+29,878
| +5% | +$14.6M |
|
164
Entergy
ETR
$54B
| $308M | 0.16% |
5,470,560
-1,877,736
| -26% | -$103M |
|
165
Exelon
EXC
$48.4B
| $307M | 0.16% |
7,102,791
-618,945
| -8% | -$24.5M |
|
166
iShares Core MSCI EAFE ETF
IEFA
$185B
| $303M | 0.16% |
4,921,184
-820,203
| -14% | -$48.3M |
|
167
TotalEnergies
TTE
$191B
| $300M | 0.16% |
4,838,060
-1,776,380
| -27% | -$101M |
|
168
Deere & Co
DE
$165B
| $293M | 0.15% |
683,725
-1,292
| -0.2% | -$525K |
|
169
Paycom
PAYC
$6.47B
| $289M | 0.15% |
930,401
+260,146
| +39% | +$83.9M |
|
170
First Horizon
FHN
$12.1B
| $288M | 0.15% |
11,773,317
+635,481
| +6% | +$15.4M |
|
171
Marathon Petroleum
MPC
$91.2B
| $284M | 0.15% |
2,437,151
-260,672
| -10% | -$29.7M |
|
172
Microchip Technology
MCHP
$44.2B
| $283M | 0.15% |
4,029,472
+126,788
| +3% | +$8.73M |
|
173
iShares Core S&P 500 ETF
IVV
$875B
| $280M | 0.15% |
729,035
+64,687
| +10% | +$25M |
|
174
Republic Services
RSG
$66.9B
| $280M | 0.15% |
2,168,167
+16,409
| +0.8% | +$2.19M |
|
175
KLA
KLAC
$286B
| $280M | 0.15% |
7,413,440
+1,703,820
| +30% | +$59.4M |
|
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.