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 |
Blackrock
BLK
|
+$449M |
| 2 |
JPMorgan Chase
JPM
|
+$426M |
| 3 |
Parker-Hannifin
PH
|
+$352M |
| 4 |
Texas Instruments
TXN
|
+$339M |
| 5 |
Rio Tinto
RIO
|
+$298M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$672M |
| 2 |
Merck
MRK
|
+$596M |
| 3 |
Southern Company
SO
|
+$534M |
| 4 |
Sempra
SRE
|
+$523M |
| 5 |
DTE Energy
DTE
|
+$491M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.2% |
| 2 | Healthcare | 17.28% |
| 3 | Financials | 10.36% |
| 4 | Industrials | 9.21% |
| 5 | Consumer Discretionary | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $6.65B | 3.3% |
25,874,189
+169,847
| +0.7% | +$46.1M |
|
2
Amazon
AMZN
$2.51T
| $3.38B | 1.68% |
31,860,872
-5,528
| -0% | -$692K |
|
3
Apple
AAPL
$4.72T
| $3.34B | 1.66% |
24,439,413
-504,160
| -2% | -$76.3M |
|
4
Johnson & Johnson
JNJ
$624B
| $2.52B | 1.25% |
14,194,794
-1,218,873
| -8% | -$217M |
|
5
UnitedHealth
UNH
$385B
| $2.41B | 1.2% |
4,695,309
-172,352
| -4% | -$86.6M |
|
6
Medtronic
MDT
$105B
| $2.23B | 1.11% |
24,872,717
-122,956
| -0.5% | -$12.5M |
|
|
7
JPMorgan Chase
JPM
$930B
| $2.22B | 1.1% |
19,739,048
+3,435,522
| +21% | +$426M |
|
8
Chevron
CVX
$387B
| $2.13B | 1.06% |
14,728,249
+2,435
| +0% | +$403K |
|
9
Visa
V
$669B
| $2.1B | 1.04% |
10,676,345
-380,837
| -3% | -$78.7M |
|
|
10
Texas Instruments
TXN
$259B
| $2.03B | 1% |
13,183,584
+2,014,373
| +18% | +$339M |
|
11
AbbVie
ABBV
$454B
| $1.96B | 0.97% |
12,821,735
-1,346,574
| -10% | -$206M |
|
12
Alphabet (Google) Class A
GOOGL
$3.88T
| $1.92B | 0.95% |
17,581,840
-178,780
| -1% | -$21M |
|
13
Mastercard
MA
$469B
| $1.89B | 0.94% |
5,997,669
+39,757
| +0.7% | +$13.7M |
|
14
NVIDIA
NVDA
$5.06T
| $1.68B | 0.83% |
110,664,840
-4,923,660
| -4% | -$92.9M |
|
15
RTX Corp
RTX
$282B
| $1.67B | 0.83% |
17,416,975
-172,284
| -1% | -$16.6M |
|
16
NextEra Energy
NEE
$187B
| $1.61B | 0.8% |
20,830,063
+32,100
| +0.2% | +$2.44M |
|
17
ServiceNow
NOW
$94.8B
| $1.61B | 0.8% |
16,946,175
-57,925
| -0.3% | -$5.52M |
|
18
Danaher
DHR
$135B
| $1.55B | 0.77% |
6,914,642
+234,354
| +4% | +$54M |
|
19
Dominion Energy
D
$62.8B
| $1.44B | 0.71% |
18,008,133
+3,291,401
| +22% | +$272M |
|
20
Linde
LIN
$234B
| $1.43B | 0.71% |
4,972,897
-35,224
| -0.7% | -$11M |
|
|
21
Alphabet (Google) Class C
GOOG
$3.88T
| $1.43B | 0.71% |
13,029,520
-217,480
| -2% | -$25.7M |
|
22
ExxonMobil
XOM
$650B
| $1.4B | 0.69% |
16,335,251
-305,624
| -2% | -$27.6M |
|
23
Analog Devices
ADI
$185B
| $1.38B | 0.68% |
9,446,213
-409,524
| -4% | -$64.5M |
|
24
Roper Technologies
ROP
$35.8B
| $1.34B | 0.66% |
3,390,118
-209,469
| -6% | -$91.1M |
|
25
Franklin US Core Bond ETF
FLCB
$3.01B
| $1.32B | 0.66% |
59,746,350
+2,733,774
| +5% | +$61.3M |
|
Similar funds
Franklin Resources's Q2 2022 Portfolio in Review
As of Q2 2022, Franklin Resources held 2,536 positions worth $202B, down 19% from $250B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Franklin Resources withdrew a net $13.3B in Q2 2022, closing 177 positions and reducing 1,212 holdings. Its most notable exit was Dominion Energy, Inc. 2019 Series A Corporate Units, an estimated $377M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 23% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Aspen Technology Inc worth $115M.
- Franklin Resources's largest Q2 2022 buy was Aspen Technology Inc: 627,495 shares worth $115M.
- Franklin Resources added most to Blackrock in Q2 2022, an estimated $449M increase.
- Franklin Resources's biggest Q2 2022 reduction was Verizon, cutting an estimated $672M.
- Franklin Resources fully exited Dominion Energy, Inc. 2019 Series A Corporate Units in Q2 2022, selling an estimated $377M.
- Franklin Resources's ten largest holdings make up 14% of its $202B portfolio in Q2 2022.
- Franklin Resources opened 99 new positions and closed 177 in Q2 2022.
- Franklin Resources's portfolio value fell 19% quarter-over-quarter to $202B.
Based on Franklin Resources's 13F filing for Q2 2022, filed 11 Aug 2022.