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 |
JPMorgan Chase
JPM
|
+$414M |
| 2 |
Atlassian
TEAM
|
+$401M |
| 3 |
Citigroup
C
|
+$305M |
| 4 |
Union Pacific
UNP
|
+$304M |
| 5 |
SIVB
SVB Financial Group
SIVB
|
+$249M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$449M |
| 2 |
Merck
MRK
|
+$436M |
| 3 |
IBM
IBM
|
+$406M |
| 4 |
MetLife
MET
|
+$368M |
| 5 |
Air Products & Chemicals
APD
|
+$338M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.03% |
| 2 | Healthcare | 16.37% |
| 3 | Financials | 11.35% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 7.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $6.41B | 3.33% |
26,722,285
+259,932
| +1% | +$62.4M |
|
2
Apple
AAPL
$4.72T
| $3.17B | 1.65% |
24,418,293
+29,557
| +0.1% | +$4.22M |
|
3
Amazon
AMZN
$2.51T
| $2.82B | 1.47% |
33,621,182
+1,015,599
| +3% | +$100M |
|
4
Chevron
CVX
$387B
| $2.54B | 1.32% |
14,164,343
+354,084
| +3% | +$61.8M |
|
5
UnitedHealth
UNH
$385B
| $2.52B | 1.31% |
4,754,693
+94,214
| +2% | +$49.9M |
|
6
Johnson & Johnson
JNJ
$624B
| $2.18B | 1.13% |
12,340,626
-91,860
| -0.7% | -$15.9M |
|
7
Texas Instruments
TXN
$260B
| $2.18B | 1.13% |
13,165,247
+1,007,511
| +8% | +$168M |
|
8
Visa
V
$669B
| $2.12B | 1.1% |
10,227,988
+6,536
| +0.1% | +$1.32M |
|
9
Mastercard
MA
$469B
| $2.04B | 1.06% |
5,874,901
-77,690
| -1% | -$25.6M |
|
|
10
JPMorgan Chase
JPM
$930B
| $2.02B | 1.05% |
15,027,879
+3,264,482
| +28% | +$414M |
|
11
NextEra Energy
NEE
$187B
| $1.82B | 0.94% |
21,722,520
+26,557
| +0.1% | +$2.15M |
|
12
AbbVie
ABBV
$454B
| $1.75B | 0.91% |
10,819,852
-1,003,268
| -8% | -$154M |
|
13
Alphabet (Google) Class A
GOOGL
$3.89T
| $1.72B | 0.9% |
19,544,670
+1,502,797
| +8% | +$143M |
|
14
RTX Corp
RTX
$282B
| $1.67B | 0.87% |
16,559,821
-672,309
| -4% | -$63.2M |
|
15
Danaher
DHR
$135B
| $1.67B | 0.87% |
7,097,753
+129,864
| +2% | +$30.1M |
|
16
NVIDIA
NVDA
$5.06T
| $1.61B | 0.84% |
110,228,550
-1,756,600
| -2% | -$25.8M |
|
17
ExxonMobil
XOM
$650B
| $1.49B | 0.77% |
13,486,006
-2,240,995
| -14% | -$240M |
|
18
Medtronic
MDT
$105B
| $1.47B | 0.76% |
18,865,551
-900,053
| -5% | -$72.9M |
|
19
Linde
LIN
$234B
| $1.46B | 0.76% |
4,489,699
-418,479
| -9% | -$131M |
|
20
Analog Devices
ADI
$185B
| $1.45B | 0.75% |
8,821,456
-454,581
| -5% | -$71M |
|
21
Roper Technologies
ROP
$35.1B
| $1.44B | 0.75% |
3,326,540
-8,730
| -0.3% | -$3.6M |
|
22
Procter & Gamble
PG
$342B
| $1.44B | 0.75% |
9,481,523
+528,937
| +6% | +$74.1M |
|
23
Franklin US Core Bond ETF
FLCB
$3.01B
| $1.33B | 0.69% |
62,820,681
+714,408
| +1% | +$15M |
|
24
Honeywell
HON
$78B
| $1.32B | 0.68% |
6,524,053
-107,760
| -2% | -$20.6M |
|
25
ServiceNow
NOW
$95.1B
| $1.28B | 0.66% |
16,460,950
-348,130
| -2% | -$27.2M |
|
Similar funds
Franklin Resources's Q4 2022 Portfolio in Review
As of Q4 2022, Franklin Resources held 2,432 positions worth $192B, up 4.8% from $184B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Franklin Resources withdrew a net $8.35B in Q4 2022, closing 103 positions and reducing 963 holdings. Its most notable exit was DTE Energy Company 2019 Corporate Units, an estimated $117M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, down from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Atlassian worth $324M.
- Franklin Resources's largest Q4 2022 buy was Atlassian: 2,518,971 shares worth $324M.
- Franklin Resources added most to JPMorgan Chase in Q4 2022, an estimated $414M increase.
- Franklin Resources's biggest Q4 2022 reduction was Bristol-Myers Squibb, cutting an estimated $449M.
- Franklin Resources fully exited DTE Energy Company 2019 Corporate Units in Q4 2022, selling an estimated $117M.
- Franklin Resources's ten largest holdings make up 15% of its $192B portfolio in Q4 2022.
- Franklin Resources opened 136 new positions and closed 103 in Q4 2022.
- Franklin Resources's portfolio value rose 4.8% quarter-over-quarter to $192B.
Based on Franklin Resources's 13F filing for Q4 2022, filed 10 Feb 2023.