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 | |
|---|---|---|---|---|---|---|
176
Illinois Tool Works
ITW
$81.4B
| $286M | 0.14% |
1,176,591
+14,064
| +1% | +$3.28M |
|
|
177
Goldman Sachs
GS
$313B
| $286M | 0.14% |
875,239
+809,232
| +1,226% | +$282M |
|
178
monday.com
MNDY
$3.27B
| $285M | 0.14% |
1,997,336
-148,231
| -7% | -$20M |
|
179
Republic Services
RSG
$66.7B
| $284M | 0.14% |
2,102,496
-65,671
| -3% | -$8.38M |
|
180
Deere & Co
DE
$170B
| $282M | 0.14% |
683,227
-498
| -0.1% | -$206K |
|
|
AXON
181
Axon Enterprise
AXON
$40.5B
| $282M | 0.14% |
1,252,468
+104,475
| +9% | +$20.8M |
|
182
Canadian Pacific Kansas City
CP
$82B
| $278M | 0.14% |
3,608,269
+361,749
| +11% | +$27.9M |
|
183
Trane Technologies
TT
$106B
| $270M | 0.14% |
1,468,339
+12,622
| +0.9% | +$2.29M |
|
184
Schwab US TIPS ETF
SCHP
$16.3B
| $270M | 0.14% |
10,077,846
+1,988
| +0% | +$52.3K |
|
185
Palo Alto Networks
PANW
$264B
| $269M | 0.13% |
2,691,738
-62,826
| -2% | -$5.32M |
|
186
TE Connectivity
TEL
$58.8B
| $265M | 0.13% |
2,021,311
-12,622
| -0.6% | -$1.6M |
|
187
Ares Management
ARES
$28.5B
| $265M | 0.13% |
3,176,937
-93,392
| -3% | -$7.42M |
|
|
AZPN
188
DELISTED
Aspen Technology Inc
AZPN
| $265M | 0.13% |
1,158,217
+79,089
| +7% | +$16.4M |
|
189
Fastenal
FAST
$54B
| $265M | 0.13% |
9,815,552
-868,552
| -8% | -$22.3M |
|
190
Brixmor Property Group
BRX
$9.95B
| $264M | 0.13% |
12,266,843
+1,601,592
| +15% | +$35.6M |
|
191
Zebra Technologies
ZBRA
$12.4B
| $263M | 0.13% |
825,813
+4,607
| +0.6% | +$1.39M |
|
192
Carlisle Companies
CSL
$13.6B
| $262M | 0.13% |
1,159,472
-2,242
| -0.2% | -$545K |
|
193
Lear
LEA
$7.19B
| $262M | 0.13% |
1,876,701
+135,223
| +8% | +$18.7M |
|
194
PG&E
PCG
$47.8B
| $261M | 0.13% |
16,146,803
-95,494
| -0.6% | -$1.51M |
|
195
Bristol-Myers Squibb
BMY
$127B
| $260M | 0.13% |
3,752,502
+989,027
| +36% | +$69.8M |
|
196
Lattice Semiconductor
LSCC
$17.6B
| $257M | 0.13% |
2,692,913
+97,035
| +4% | +$7.99M |
|
197
ACI Worldwide
ACIW
$5.72B
| $256M | 0.13% |
9,505,617
+1,531,063
| +19% | +$40.5M |
|
198
Rockwell Automation
ROK
$51.4B
| $252M | 0.13% |
859,976
-38,834
| -4% | -$11M |
|
199
Erie Indemnity
ERIE
$11.7B
| $246M | 0.12% |
1,063,239
+14,884
| +1% | +$3.56M |
|
|
SGEN
200
DELISTED
Seagen Inc. Common Stock
SGEN
| $245M | 0.12% |
1,211,571
-524,563
| -30% | -$84.1M |
|
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.