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 | |
|---|---|---|---|---|---|---|
201
Royal Bank of Canada
RY
$291B
| $245M | 0.12% |
2,564,008
-12,137
| -0.5% | -$1.2M |
|
202
Inspire Medical Systems
INSP
$1.42B
| $244M | 0.12% |
1,042,576
-31,625
| -3% | -$7.99M |
|
203
Agilent Technologies
A
$39.1B
| $243M | 0.12% |
1,758,709
+146,603
| +9% | +$21.4M |
|
204
CrowdStrike
CRWD
$187B
| $241M | 0.12% |
7,030,532
-2,043,608
| -23% | -$59.1M |
|
205
Vertex Pharmaceuticals
VRTX
$121B
| $241M | 0.12% |
763,909
-28,066
| -4% | -$8.42M |
|
206
nVent Electric
NVT
$24.5B
| $240M | 0.12% |
5,587,013
-31,488
| -0.6% | -$1.33M |
|
207
CMS Energy
CMS
$23.1B
| $240M | 0.12% |
3,903,627
+2,283
| +0.1% | +$140K |
|
|
HZNP
208
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $238M | 0.12% |
2,178,932
+1,011,135
| +87% | +$112M |
|
|
FITB
209
Fifth Third Bancorp
FITB
$52B
| $236M | 0.12% |
8,875,110
+8,818,187
| +15,491% | +$293M |
|
210
Illumina
ILMN
$29.4B
| $235M | 0.12% |
1,040,373
-219,029
| -17% | -$44.8M |
|
211
BILL Holdings
BILL
$4.33B
| $234M | 0.12% |
2,878,055
+2,895
| +0.1% | +$268K |
|
212
AerCap
AER
$23.9B
| $233M | 0.12% |
4,147,445
-574,400
| -12% | -$34.4M |
|
213
Flex
FLEX
$43.4B
| $231M | 0.12% |
13,339,476
-1,523,909
| -10% | -$26.4M |
|
214
Airbnb
ABNB
$83.7B
| $230M | 0.12% |
1,851,692
+83,109
| +5% | +$9.49M |
|
215
Qualcomm
QCOM
$176B
| $226M | 0.11% |
1,772,312
-126,504
| -7% | -$15.7M |
|
216
Gilead Sciences
GILD
$161B
| $224M | 0.11% |
2,695,704
-302,308
| -10% | -$25M |
|
|
PARA
217
DELISTED
Paramount Global Class B
PARA
| $222M | 0.11% |
9,952,199
-415,469
| -4% | -$8.91M |
|
218
Toronto Dominion Bank
TD
$198B
| $220M | 0.11% |
3,670,528
+3,278
| +0.1% | +$212K |
|
219
Hyatt Hotels
H
$17.6B
| $220M | 0.11% |
1,964,269
-222,963
| -10% | -$24.4M |
|
220
First Horizon
FHN
$12.1B
| $219M | 0.11% |
12,321,479
+548,162
| +5% | +$12.2M |
|
|
CTLT
221
DELISTED
CATALENT, INC.
CTLT
| $219M | 0.11% |
3,325,667
+19,430
| +0.6% | +$1.2M |
|
222
DTE Energy
DTE
$31.1B
| $216M | 0.11% |
1,976,433
-834
| -0% | -$93.4K |
|
223
ConocoPhillips
COP
$147B
| $216M | 0.11% |
2,175,211
+92,669
| +4% | +$10.1M |
|
224
Alliant Energy
LNT
$19.4B
| $214M | 0.11% |
4,015,368
-9,614
| -0.2% | -$511K |
|
225
Datadog
DDOG
$87.9B
| $214M | 0.11% |
2,945,856
-10,398
| -0.4% | -$763K |
|
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.