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 | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $7.74B | 3.88% |
26,847,263
+124,978
| +0.5% | +$31.9M |
|
2
Apple
AAPL
$4.72T
| $3.96B | 1.99% |
24,004,358
-413,935
| -2% | -$61.1M |
|
3
Amazon
AMZN
$2.51T
| $3.58B | 1.8% |
34,672,845
+1,051,663
| +3% | +$102M |
|
4
NVIDIA
NVDA
$5.06T
| $2.9B | 1.46% |
104,446,060
-5,782,490
| -5% | -$125M |
|
5
UnitedHealth
UNH
$385B
| $2.32B | 1.17% |
4,916,207
+161,514
| +3% | +$77.9M |
|
6
Chevron
CVX
$387B
| $2.3B | 1.15% |
14,086,693
-77,650
| -0.5% | -$13M |
|
7
Visa
V
$669B
| $2.3B | 1.15% |
10,182,840
-45,148
| -0.4% | -$10M |
|
8
Texas Instruments
TXN
$260B
| $2.26B | 1.14% |
12,171,785
-993,462
| -8% | -$175M |
|
9
Mastercard
MA
$469B
| $2.19B | 1.1% |
6,013,363
+138,462
| +2% | +$50.3M |
|
10
Alphabet (Google) Class A
GOOGL
$3.89T
| $2.11B | 1.06% |
20,343,830
+799,160
| +4% | +$76.7M |
|
|
11
NextEra Energy
NEE
$187B
| $1.9B | 0.96% |
24,708,221
+2,985,701
| +14% | +$230M |
|
12
Johnson & Johnson
JNJ
$624B
| $1.9B | 0.95% |
12,250,638
-89,988
| -0.7% | -$14.5M |
|
13
JPMorgan Chase
JPM
$930B
| $1.84B | 0.92% |
14,141,581
-886,298
| -6% | -$121M |
|
14
Analog Devices
ADI
$185B
| $1.71B | 0.86% |
8,672,581
-148,875
| -2% | -$26.7M |
|
15
Medtronic
MDT
$105B
| $1.61B | 0.81% |
19,990,359
+1,124,808
| +6% | +$91.7M |
|
16
RTX Corp
RTX
$282B
| $1.61B | 0.81% |
16,415,549
-144,272
| -0.9% | -$14.2M |
|
17
Danaher
DHR
$135B
| $1.55B | 0.78% |
6,958,239
-139,514
| -2% | -$31.7M |
|
18
Linde
LIN
$234B
| $1.54B | 0.77% |
4,328,045
-161,654
| -4% | -$54.1M |
|
19
ServiceNow
NOW
$95.1B
| $1.5B | 0.75% |
16,130,055
-330,895
| -2% | -$28.8M |
|
20
Roper Technologies
ROP
$35.1B
| $1.46B | 0.73% |
3,312,145
-14,395
| -0.4% | -$6.22M |
|
21
Synopsys
SNPS
$71.5B
| $1.42B | 0.72% |
3,689,303
-146,713
| -4% | -$52.4M |
|
22
Procter & Gamble
PG
$342B
| $1.4B | 0.7% |
9,441,377
-40,146
| -0.4% | -$5.74M |
|
23
Stryker
SYK
$122B
| $1.32B | 0.66% |
4,631,274
-54,773
| -1% | -$14.5M |
|
24
Franklin US Core Bond ETF
FLCB
$3.01B
| $1.31B | 0.66% |
60,235,512
-2,585,169
| -4% | -$55.7M |
|
|
25
AbbVie
ABBV
$454B
| $1.29B | 0.65% |
8,082,959
-2,736,893
| -25% | -$418M |
|
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.