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 |
Franklin US Equity Index ETF
USPX
|
+$460M |
| 2 |
Meta Platforms (Facebook)
META
|
+$332M |
| 3 |
Broadcom
AVGO
|
+$319M |
| 4 |
Bank of America
BAC
|
+$273M |
| 5 |
Wells Fargo
WFC
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$915M |
| 2 |
SOLN
The Southern Company
SOLN
|
+$479M |
| 3 |
Atlassian
TEAM
|
+$468M |
| 4 |
Medtronic
MDT
|
+$459M |
| 5 |
Intel
INTC
|
+$438M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.25% |
| 2 | Healthcare | 16.95% |
| 3 | Financials | 10.6% |
| 4 | Industrials | 9.58% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.85T
| $6.16B | 3.36% |
26,462,353
+588,164
| +2% | +$155M |
|
2
Amazon
AMZN
$2.5T
| $3.68B | 2.01% |
32,605,583
+744,711
| +2% | +$94.1M |
|
3
Apple
AAPL
$4.88T
| $3.37B | 1.84% |
24,388,736
-50,677
| -0.2% | -$7.95M |
|
4
UnitedHealth
UNH
$381B
| $2.35B | 1.28% |
4,660,479
-34,830
| -0.7% | -$18.3M |
|
5
Johnson & Johnson
JNJ
$633B
| $2.03B | 1.11% |
12,432,486
-1,762,308
| -12% | -$298M |
|
6
Chevron
CVX
$389B
| $1.98B | 1.08% |
13,810,259
-917,990
| -6% | -$140M |
|
7
Texas Instruments
TXN
$256B
| $1.88B | 1.03% |
12,157,736
-1,025,848
| -8% | -$172M |
|
8
Visa
V
$673B
| $1.82B | 0.99% |
10,221,452
-454,893
| -4% | -$92.6M |
|
9
Alphabet (Google) Class A
GOOGL
$3.92T
| $1.73B | 0.94% |
18,041,873
+460,033
| +3% | +$51M |
|
10
NextEra Energy
NEE
$186B
| $1.7B | 0.93% |
21,695,963
+865,900
| +4% | +$73.5M |
|
11
Mastercard
MA
$473B
| $1.69B | 0.92% |
5,952,591
-45,078
| -0.8% | -$14.9M |
|
|
12
Medtronic
MDT
$107B
| $1.6B | 0.87% |
19,765,604
-5,107,113
| -21% | -$459M |
|
13
Danaher
DHR
$134B
| $1.6B | 0.87% |
6,967,889
+53,247
| +0.8% | +$13M |
|
14
AbbVie
ABBV
$456B
| $1.59B | 0.86% |
11,823,120
-998,615
| -8% | -$143M |
|
15
RTX Corp
RTX
$287B
| $1.41B | 0.77% |
17,232,130
-184,845
| -1% | -$16.7M |
|
16
ExxonMobil
XOM
$650B
| $1.37B | 0.75% |
15,727,001
-608,250
| -4% | -$55.5M |
|
17
NVIDIA
NVDA
$5.04T
| $1.36B | 0.74% |
111,985,150
+1,320,310
| +1% | +$20.9M |
|
18
Linde
LIN
$237B
| $1.32B | 0.72% |
4,908,178
-64,719
| -1% | -$18.6M |
|
19
Franklin US Core Bond ETF
FLCB
$3.01B
| $1.3B | 0.71% |
62,106,273
+2,359,923
| +4% | +$51.9M |
|
20
Analog Devices
ADI
$180B
| $1.29B | 0.7% |
9,276,037
-170,176
| -2% | -$26.9M |
|
|
21
Alphabet (Google) Class C
GOOG
$3.91T
| $1.28B | 0.7% |
13,320,570
+291,050
| +2% | +$32.5M |
|
22
ServiceNow
NOW
$101B
| $1.27B | 0.69% |
16,809,080
-137,095
| -0.8% | -$12.3M |
|
|
23
JPMorgan Chase
JPM
$937B
| $1.23B | 0.67% |
11,763,397
-7,975,651
| -40% | -$915M |
|
24
Roper Technologies
ROP
$36.3B
| $1.2B | 0.65% |
3,335,270
-54,848
| -2% | -$22.3M |
|
25
Tesla
TSLA
$1.21T
| $1.2B | 0.65% |
4,520,705
+428,489
| +10% | +$120M |
|
Similar funds
Franklin Resources's Q3 2022 Portfolio in Review
As of Q3 2022, Franklin Resources held 2,460 positions worth $184B, down 9% from $202B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Franklin Resources withdrew a net $10.7B in Q3 2022, closing 156 positions and reducing 833 holdings. Its most notable exit was The Southern Company, an estimated $479M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Aerojet Rocketdyne Holdings worth $82.2M.
- Franklin Resources's largest Q3 2022 buy was Aerojet Rocketdyne Holdings: 2,054,861 shares worth $82.2M.
- Franklin Resources added most to Franklin US Equity Index ETF in Q3 2022, an estimated $460M increase.
- Franklin Resources's biggest Q3 2022 reduction was JPMorgan Chase, cutting an estimated $915M.
- Franklin Resources fully exited The Southern Company in Q3 2022, selling an estimated $479M.
- Franklin Resources's ten largest holdings make up 15% of its $184B portfolio in Q3 2022.
- Franklin Resources opened 97 new positions and closed 156 in Q3 2022.
- Franklin Resources's portfolio value fell 9% quarter-over-quarter to $184B.
Based on Franklin Resources's 13F filing for Q3 2022, filed 14 Nov 2022.