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 |
Rivian
RIVN
|
+$743M |
| 2 |
Medtronic
MDT
|
+$603M |
| 3 |
AbbVie
ABBV
|
+$384M |
| 4 |
Intel
INTC
|
+$336M |
| 5 |
KKR.PRC
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
|
+$331M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$917M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$732M |
| 3 |
iShares Russell 1000 ETF
IWB
|
+$640M |
| 4 |
Procter & Gamble
PG
|
+$423M |
| 5 |
Merck
MRK
|
+$414M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.01% |
| 2 | Healthcare | 16.48% |
| 3 | Financials | 9.84% |
| 4 | Consumer Discretionary | 8.79% |
| 5 | Industrials | 8.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $8.53B | 3.08% |
25,373,136
+71,295
| +0.3% | +$23.1M |
|
2
Amazon
AMZN
$2.51T
| $5.31B | 1.91% |
31,824,000
+699,360
| +2% | +$120M |
|
3
Apple
AAPL
$4.72T
| $4.47B | 1.61% |
25,180,174
-864,942
| -3% | -$137M |
|
4
NVIDIA
NVDA
$5.06T
| $3.35B | 1.21% |
113,758,640
+370,920
| +0.3% | +$10.2M |
|
5
Johnson & Johnson
JNJ
$624B
| $2.8B | 1.01% |
16,362,110
-30,116
| -0.2% | -$4.93M |
|
|
6
AbbVie
ABBV
$454B
| $2.68B | 0.97% |
19,817,057
+3,249,849
| +20% | +$384M |
|
7
JPMorgan Chase
JPM
$930B
| $2.65B | 0.95% |
16,709,915
+1,193,650
| +8% | +$196M |
|
|
8
Merck
MRK
$322B
| $2.61B | 0.94% |
34,058,528
-5,203,831
| -13% | -$414M |
|
9
Pfizer
PFE
$143B
| $2.61B | 0.94% |
44,191,424
-1,788,867
| -4% | -$88.6M |
|
10
Visa
V
$669B
| $2.44B | 0.88% |
11,251,877
-1,370,169
| -11% | -$294M |
|
11
UnitedHealth
UNH
$385B
| $2.39B | 0.86% |
4,760,823
+130,428
| +3% | +$59M |
|
|
12
Medtronic
MDT
$105B
| $2.29B | 0.83% |
22,138,585
+5,206,965
| +31% | +$603M |
|
13
Alphabet (Google) Class A
GOOGL
$3.89T
| $2.29B | 0.82% |
15,779,920
+376,260
| +2% | +$54.2M |
|
14
Chevron
CVX
$387B
| $2.28B | 0.82% |
19,457,714
+64,131
| +0.3% | +$7.28M |
|
15
ServiceNow
NOW
$95.1B
| $2.27B | 0.82% |
17,464,715
+636,810
| +4% | +$83.6M |
|
16
PepsiCo
PEP
$184B
| $2.13B | 0.77% |
12,278,064
-242,005
| -2% | -$39.5M |
|
17
Walt Disney
DIS
$161B
| $2.09B | 0.75% |
13,473,576
+427,755
| +3% | +$69.1M |
|
18
Southern Company
SO
$109B
| $1.96B | 0.71% |
28,621,339
-1,142,671
| -4% | -$72.8M |
|
|
19
Alphabet (Google) Class C
GOOG
$3.89T
| $1.95B | 0.7% |
13,509,100
+477,260
| +4% | +$69M |
|
20
Intuit
INTU
$77B
| $1.95B | 0.7% |
3,038,584
+39,091
| +1% | +$24.1M |
|
21
Mastercard
MA
$469B
| $1.95B | 0.7% |
5,423,032
-294,549
| -5% | -$102M |
|
22
NextEra Energy
NEE
$187B
| $1.88B | 0.68% |
20,099,960
+758,077
| +4% | +$65.5M |
|
23
Danaher
DHR
$135B
| $1.82B | 0.65% |
6,225,448
+296,946
| +5% | +$81.8M |
|
24
Accenture
ACN
$84.9B
| $1.78B | 0.64% |
4,291,086
-169,401
| -4% | -$61.7M |
|
25
Verizon
VZ
$183B
| $1.78B | 0.64% |
34,163,543
-1,867,539
| -5% | -$97.4M |
|
Similar funds
Franklin Resources's Q4 2021 Portfolio in Review
As of Q4 2021, Franklin Resources held 2,610 positions worth $277B, up 4.4% from $266B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Franklin Resources withdrew a net $8.82B in Q4 2021, closing 141 positions and reducing 1,108 holdings. Its most notable exit was Kansas City Southern, an estimated $282M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Rivian worth $669M.
- Franklin Resources's largest Q4 2021 buy was Rivian: 6,451,069 shares worth $669M.
- Franklin Resources added most to Medtronic in Q4 2021, an estimated $603M increase.
- Franklin Resources's biggest Q4 2021 reduction was Vanguard Total Bond Market, cutting an estimated $917M.
- Franklin Resources fully exited Kansas City Southern in Q4 2021, selling an estimated $282M.
- Franklin Resources's ten largest holdings make up 14% of its $277B portfolio in Q4 2021.
- Franklin Resources opened 157 new positions and closed 141 in Q4 2021.
- Franklin Resources's portfolio value rose 4.4% quarter-over-quarter to $277B.
Based on Franklin Resources's 13F filing for Q4 2021, filed 11 Feb 2022.