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 | |
|---|---|---|---|---|---|---|
1826
American Airlines Group
AAL
$9.58B
| $282K | ﹤0.01% |
19,146
+7,960
| +71% | +$124K |
|
1827
Magnolia Oil & Gas
MGY
$5.83B
| $282K | ﹤0.01% |
12,877
-1,294
| -9% | -$28.7K |
|
1828
Rayonier Advanced Materials
RYAM
$565M
| $281K | ﹤0.01% |
44,839
| – | – |
|
1829
Chegg
CHGG
$108M
| $280K | ﹤0.01% |
17,187
-22
| -0.1% | -$412 |
|
1830
Takeda Pharmaceutical
TAK
$55.1B
| $280K | ﹤0.01% |
16,999
+3,745
| +28% | +$59.7K |
|
1831
Innovative Industrial Properties
IIPR
$1.78B
| $280K | ﹤0.01% |
3,686
-95
| -3% | -$8.39K |
|
|
PDM
1832
Piedmont Realty Trust
PDM
$1.22B
| $278K | ﹤0.01% |
38,078
-5,400
| -12% | -$49.6K |
|
|
SVC
1833
Service Properties Trust
SVC
$1.1B
| $275K | ﹤0.01% |
+5,531
| New | +$256K |
|
|
GOOD
1834
Gladstone Commercial Corp
GOOD
$627M
| $275K | ﹤0.01% |
21,764
+29
| +0.1% | +$441 |
|
|
CLDT
1835
Chatham Lodging
CLDT
$630M
| $273K | ﹤0.01% |
26,010
+147
| +0.6% | +$1.8K |
|
|
VSXY
1836
Victoria's Secret
VSXY
$6.64B
| $272K | ﹤0.01% |
7,979
-73,922
| -90% | -$2.74M |
|
1837
Primerica
PRI
$9.81B
| $272K | ﹤0.01% |
1,579
+16
| +1% | +$2.62K |
|
1838
Kite Realty
KRG
$5.95B
| $272K | ﹤0.01% |
12,984
-847
| -6% | -$17.8K |
|
1839
Alarm.com
ALRM
$2.56B
| $270K | ﹤0.01% |
5,360
+30
| +0.6% | +$1.54K |
|
|
PWSC
1840
DELISTED
PowerSchool Holdings, Inc.
PWSC
| $268K | ﹤0.01% |
13,538
-6,137
| -31% | -$134K |
|
1841
Central Pacific Financial
CPF
$997M
| $268K | ﹤0.01% |
14,978
-76
| -0.5% | -$1.62K |
|
|
ECHO
1842
EchoStar
ECHO
$25.5B
| $268K | ﹤0.01% |
14,627
-87
| -0.6% | -$1.59K |
|
1843
RE/MAX Holdings
RMAX
$200M
| $267K | ﹤0.01% |
14,254
+198
| +1% | +$3.94K |
|
1844
iShares Cybersecurity and Tech ETF
IHAK
$994M
| $267K | ﹤0.01% |
7,355
| – | – |
|
1845
MGE Energy Inc
MGEE
$3.11B
| $267K | ﹤0.01% |
3,439
-29
| -0.8% | -$2.1K |
|
1846
Kinsale Capital Group
KNSL
$7.95B
| $267K | ﹤0.01% |
889
-46
| -5% | -$13.5K |
|
1847
Crescent Capital BDC
CCAP
$399M
| $265K | ﹤0.01% |
+19,432
| New | +$282K |
|
|
RETA
1848
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $264K | ﹤0.01% |
+2,907
| New | +$171K |
|
1849
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.22B
| $264K | ﹤0.01% |
3,905
-642
| -14% | -$42.3K |
|
1850
Alerian MLP ETF
AMLP
$13B
| $263K | ﹤0.01% |
6,800
| – | – |
|
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.