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 | |
|---|---|---|---|---|---|---|
151
Philip Morris
PM
$302B
| $339M | 0.17% |
3,481,334
-265,521
| -7% | -$26.5M |
|
152
Microchip Technology
MCHP
$42.7B
| $336M | 0.17% |
4,014,510
-14,962
| -0.4% | -$1.19M |
|
153
S&P Global
SPGI
$126B
| $335M | 0.17% |
972,362
+5,782
| +0.6% | +$2.03M |
|
154
US Bancorp
USB
$99.2B
| $334M | 0.17% |
9,265,000
-1,604,918
| -15% | -$71.5M |
|
155
Tradeweb Markets
TW
$21.2B
| $333M | 0.17% |
4,216,606
+21,885
| +0.5% | +$1.58M |
|
156
Paycom
PAYC
$6.78B
| $333M | 0.17% |
1,095,062
+164,661
| +18% | +$49.6M |
|
157
Nasdaq
NDAQ
$52.3B
| $332M | 0.17% |
6,067,658
-20,417
| -0.3% | -$1.18M |
|
158
Costco
COST
$414B
| $329M | 0.17% |
662,649
-17,257
| -3% | -$8.46M |
|
159
Entergy
ETR
$53.8B
| $326M | 0.16% |
6,048,568
+578,008
| +11% | +$30.7M |
|
160
JB Hunt Transport Services
JBHT
$27.2B
| $320M | 0.16% |
1,824,689
-105
| -0% | -$19.1K |
|
161
iShares Core S&P 500 ETF
IVV
$875B
| $319M | 0.16% |
777,469
+48,434
| +7% | +$19.4M |
|
162
Evergy
EVRG
$20.1B
| $317M | 0.16% |
5,181,341
+146,937
| +3% | +$8.94M |
|
163
Dollar Tree
DLTR
$23.1B
| $317M | 0.16% |
2,205,133
-7,152
| -0.3% | -$1.04M |
|
164
KLA
KLAC
$275B
| $316M | 0.16% |
7,908,290
+494,850
| +7% | +$19.5M |
|
165
Crown Castle
CCI
$32.8B
| $314M | 0.16% |
2,342,630
-129,783
| -5% | -$17.9M |
|
166
International Paper
IP
$21.8B
| $307M | 0.15% |
8,517,708
+2,602,405
| +44% | +$96.4M |
|
167
Truist Financial
TFC
$63B
| $305M | 0.15% |
8,937,401
+408,570
| +5% | +$17.8M |
|
168
Eaton
ETN
$156B
| $303M | 0.15% |
1,769,985
+198,259
| +13% | +$33M |
|
169
American Express
AXP
$222B
| $303M | 0.15% |
1,837,171
-554,669
| -23% | -$92M |
|
170
Exelon
EXC
$48.5B
| $302M | 0.15% |
7,214,166
+111,375
| +2% | +$4.64M |
|
171
Capital One
COF
$124B
| $299M | 0.15% |
3,108,747
+1,850,162
| +147% | +$194M |
|
172
Constellation Brands
STZ
$22.2B
| $297M | 0.15% |
1,315,692
-74,786
| -5% | -$16.6M |
|
173
Amphenol
APH
$188B
| $296M | 0.15% |
7,243,838
+124,646
| +2% | +$4.92M |
|
174
Suncor Energy
SU
$77.8B
| $294M | 0.15% |
9,460,691
-2,825,137
| -23% | -$91.9M |
|
175
Chipotle Mexican Grill
CMG
$40.8B
| $289M | 0.15% |
8,472,750
-204,550
| -2% | -$6.43M |
|
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.