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 | |
|---|---|---|---|---|---|---|
176
Keysight
KEYS
$54.8B
| $277M | 0.14% |
1,619,851
+66,153
| +4% | +$11.3M |
|
177
AerCap
AER
$23.9B
| $275M | 0.14% |
4,721,845
-600,882
| -11% | -$33.2M |
|
178
Carlisle Companies
CSL
$13.6B
| $274M | 0.14% |
1,161,714
+60,682
| +6% | +$15.6M |
|
179
Tradeweb Markets
TW
$21B
| $272M | 0.14% |
4,194,721
-6,855
| -0.2% | -$403K |
|
180
Amphenol
APH
$191B
| $271M | 0.14% |
7,119,192
-43,088
| -0.6% | -$1.63M |
|
181
Inspire Medical Systems
INSP
$1.46B
| $271M | 0.14% |
1,074,201
-1,037
| -0.1% | -$221K |
|
182
PG&E
PCG
$47.4B
| $264M | 0.14% |
16,242,297
+1,150,160
| +8% | +$17.4M |
|
183
monday.com
MNDY
$3.14B
| $262M | 0.14% |
2,145,567
+250,756
| +13% | +$26.1M |
|
184
Schwab US TIPS ETF
SCHP
$16.3B
| $261M | 0.14% |
10,075,858
+228,032
| +2% | +$5.97M |
|
185
Erie Indemnity
ERIE
$11.4B
| $261M | 0.14% |
1,048,355
+1,662
| +0.2% | +$428K |
|
186
Gilead Sciences
GILD
$161B
| $257M | 0.13% |
2,998,012
+337,058
| +13% | +$26.7M |
|
187
Illinois Tool Works
ITW
$80.7B
| $256M | 0.13% |
1,162,527
-11,738
| -1% | -$2.5M |
|
188
Western Digital
WDC
$184B
| $255M | 0.13% |
10,699,444
-2,136,944
| -17% | -$56.4M |
|
189
Micron Technology
MU
$1.06T
| $253M | 0.13% |
5,058,002
+272,855
| +6% | +$14.9M |
|
190
Fastenal
FAST
$53.4B
| $253M | 0.13% |
10,684,104
-19,696
| -0.2% | -$482K |
|
191
HubSpot
HUBS
$10.1B
| $252M | 0.13% |
873,056
-89,683
| -9% | -$25.4M |
|
192
Illumina
ILMN
$29.3B
| $248M | 0.13% |
1,259,402
-52,651
| -4% | -$10.9M |
|
193
CMS Energy
CMS
$23.1B
| $247M | 0.13% |
3,901,344
-507,216
| -12% | -$30M |
|
194
Eaton
ETN
$160B
| $247M | 0.13% |
1,571,726
-26,929
| -2% | -$4.13M |
|
195
ConocoPhillips
COP
$147B
| $246M | 0.13% |
2,082,542
-5,451
| -0.3% | -$663K |
|
196
Trane Technologies
TT
$106B
| $245M | 0.13% |
1,455,717
-55,087
| -4% | -$9.09M |
|
197
Royal Bank of Canada
RY
$291B
| $242M | 0.13% |
2,576,145
-816,591
| -24% | -$77.1M |
|
198
Canadian Pacific Kansas City
CP
$81.2B
| $242M | 0.13% |
3,246,520
-490,687
| -13% | -$36.9M |
|
199
Brixmor Property Group
BRX
$9.87B
| $242M | 0.13% |
10,665,251
+6,822,358
| +178% | +$146M |
|
200
Agilent Technologies
A
$39.1B
| $241M | 0.13% |
1,612,106
+199,473
| +14% | +$28.5M |
|
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.