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 | |
|---|---|---|---|---|---|---|
1776
NMI Holdings
NMIH
$3.25B
| $318K | ﹤0.01% |
14,231
+64
| +0.5% | +$1.44K |
|
1777
Wabash National
WNC
$543M
| $318K | ﹤0.01% |
+12,921
| New | +$335K |
|
1778
Cogent Communications
CCOI
$594M
| $315K | ﹤0.01% |
4,951
+5
| +0.1% | +$322 |
|
|
LTC
1779
LTC Properties
LTC
$2.16B
| $315K | ﹤0.01% |
8,955
-390
| -4% | -$14K |
|
1780
Ecovyst
ECVT
$1.36B
| $312K | ﹤0.01% |
+28,240
| New | +$292K |
|
|
GTM
1781
ZoomInfo Technologies
GTM
$861M
| $311K | ﹤0.01% |
12,599
-1,872,246
| -99% | -$48M |
|
|
MDC
1782
DELISTED
M.D.C. Holdings, Inc.
MDC
| $311K | ﹤0.01% |
7,991
+817
| +11% | +$30.2K |
|
1783
First Citizens BancShares
FCNCA
$24.6B
| $310K | ﹤0.01% |
+319
| New | +$237K |
|
1784
Nabors Industries
NBR
$1.23B
| $310K | ﹤0.01% |
+2,544
| New | +$385K |
|
|
FFIC
1785
DELISTED
Flushing Financial
FFIC
| $309K | ﹤0.01% |
20,785
+114
| +0.6% | +$2.1K |
|
1786
Alaska Air
ALK
$5.15B
| $309K | ﹤0.01% |
7,370
+58
| +0.8% | +$2.72K |
|
|
JOYY
1787
JOYY Inc
JOYY
$3.73B
| $308K | ﹤0.01% |
9,880
-1,079
| -10% | -$36.3K |
|
|
CDMO
1788
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $308K | ﹤0.01% |
16,417
+32
| +0.2% | +$526 |
|
|
GOLD
1789
Gold.com Inc
GOLD
$1.14B
| $308K | ﹤0.01% |
+8,879
| New | +$295K |
|
1790
TTM Technologies
TTMI
$13.6B
| $306K | ﹤0.01% |
22,702
+44
| +0.2% | +$637 |
|
1791
Jakks Pacific
JAKK
$280M
| $306K | ﹤0.01% |
+17,700
| New | +$332K |
|
1792
Perdoceo Education
PRDO
$1.9B
| $306K | ﹤0.01% |
22,776
+250
| +1% | +$3.5K |
|
1793
Astec Industries
ASTE
$1.3B
| $306K | ﹤0.01% |
7,412
-355,839
| -98% | -$15M |
|
1794
Cullen/Frost Bankers
CFR
$10.3B
| $305K | ﹤0.01% |
2,898
-2,906
| -50% | -$362K |
|
1795
Mitsubishi UFJ Financial
MUFG
$258B
| $305K | ﹤0.01% |
47,689
+3,197
| +7% | +$22.4K |
|
1796
Baytex Energy
BTE
$3.08B
| $305K | ﹤0.01% |
+81,231
| New | +$301K |
|
1797
NETGEAR
NTGR
$669M
| $304K | ﹤0.01% |
+16,425
| New | +$308K |
|
1798
Ormat Technologies
ORA
$6.11B
| $304K | ﹤0.01% |
3,581
-22
| -0.6% | -$1.93K |
|
|
CSW
1799
CSW Industrials
CSW
$4.71B
| $302K | ﹤0.01% |
2,175
+42
| +2% | +$5.67K |
|
1800
Lufax Holding
LU
$1.2B
| $300K | ﹤0.01% |
36,815
+1,574
| +4% | +$15.1K |
|
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.