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 | |
|---|---|---|---|---|---|---|
1901
MacroGenics
MGNX
$235M
| $229K | ﹤0.01% |
34,146
+36
| +0.1% | +$197 |
|
1902
Acushnet Holdings
GOLF
$6.13B
| $229K | ﹤0.01% |
+5,394
| New | +$243K |
|
1903
Grid Dynamics Holdings
GDYN
$476M
| $228K | ﹤0.01% |
20,350
-117
| -0.6% | -$1.52K |
|
1904
Telefônica Brasil
VIV
$22.4B
| $228K | ﹤0.01% |
31,927
-12,227
| -28% | -$91.4K |
|
1905
Brown-Forman Class A
BF.A
$12.3B
| $228K | ﹤0.01% |
3,466
+267
| +8% | +$18.2K |
|
|
MDC
1906
DELISTED
M.D.C. Holdings, Inc.
MDC
| $227K | ﹤0.01% |
+7,174
| New | +$222K |
|
1907
Gentex
GNTX
$4.88B
| $227K | ﹤0.01% |
+8,312
| New | +$222K |
|
1908
Schwab Emerging Markets Equity ETF
SCHE
$12.3B
| $226K | ﹤0.01% |
9,565
| – | – |
|
|
CDMO
1909
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $226K | ﹤0.01% |
16,385
-20
| -0.1% | -$306 |
|
1910
Manitowoc
MTW
$516M
| $225K | ﹤0.01% |
24,561
| – | – |
|
1911
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.83B
| $225K | ﹤0.01% |
2,971
-251
| -8% | -$18.9K |
|
1912
Madrigal Pharmaceuticals
MDGL
$12.6B
| $225K | ﹤0.01% |
+774
| New | +$75.7K |
|
|
ASRT
1913
DELISTED
Assertio
ASRT
| $223K | ﹤0.01% |
3,454
| – | – |
|
1914
Nokia
NOK
$50.8B
| $222K | ﹤0.01% |
47,908
+2,444
| +5% | +$11.3K |
|
|
ACH
1915
Accendra Health
ACH
$240M
| $222K | ﹤0.01% |
11,378
+82
| +0.7% | +$1.6K |
|
1916
ITT
ITT
$17.5B
| $222K | ﹤0.01% |
2,736
-516
| -16% | -$40K |
|
1917
American Public Education
APEI
$875M
| $222K | ﹤0.01% |
+18,051
| New | +$224K |
|
|
PRA
1918
DELISTED
ProAssurance
PRA
| $222K | ﹤0.01% |
12,691
-14
| -0.1% | -$276 |
|
1919
Primerica
PRI
$9.81B
| $222K | ﹤0.01% |
+1,563
| New | +$218K |
|
1920
Tanger
SKT
$4.82B
| $220K | ﹤0.01% |
12,272
-155
| -1% | -$2.78K |
|
1921
Acacia Research
ACTG
$450M
| $219K | ﹤0.01% |
52,068
| – | – |
|
1922
Blackstone Mortgage Trust
BXMT
$2.82B
| $218K | ﹤0.01% |
10,313
-2,557
| -20% | -$60.5K |
|
|
MCHB
1923
Mechanics Bancorp
MCHB
$3.47B
| $218K | ﹤0.01% |
7,913
+51
| +0.6% | +$1.4K |
|
|
BVH
1924
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $217K | ﹤0.01% |
+8,713
| New | +$180K |
|
1925
Pricesmart
PSMT
$5.75B
| $217K | ﹤0.01% |
+3,567
| New | +$233K |
|
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.