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 |
Union Pacific
UNP
|
+$455M |
| 2 |
Comcast
CMCSA
|
+$393M |
| 3 |
Bank of America
BAC
|
+$387M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$352M |
| 5 |
Target
TGT
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
T-Mobile US
TMUS
|
+$403M |
| 2 |
CoStar Group
CSGP
|
+$348M |
| 3 |
ExxonMobil
XOM
|
+$320M |
| 4 |
Wells Fargo
WFC
|
+$260M |
| 5 |
Microsoft
MSFT
|
+$236M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.87% |
| 2 | Healthcare | 15.43% |
| 3 | Financials | 10.44% |
| 4 | Industrials | 9.86% |
| 5 | Consumer Discretionary | 8.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$2.83T
| $8.89B | 4.22% |
26,092,980
-754,283
| -3% | -$236M |
|
2
Apple
AAPL
$4.72T
| $4.75B | 2.26% |
24,480,699
+476,341
| +2% | +$83M |
|
3
Amazon
AMZN
$2.51T
| $4.41B | 2.1% |
33,852,544
-820,301
| -2% | -$93.7M |
|
4
NVIDIA
NVDA
$5.06T
| $4.27B | 2.03% |
100,859,970
-3,586,090
| -3% | -$119M |
|
|
5
Alphabet (Google) Class A
GOOGL
$3.88T
| $2.8B | 1.33% |
23,399,149
+3,055,319
| +15% | +$352M |
|
6
UnitedHealth
UNH
$385B
| $2.42B | 1.15% |
5,039,936
+123,729
| +3% | +$60.5M |
|
7
Mastercard
MA
$469B
| $2.31B | 1.1% |
5,864,211
-149,152
| -2% | -$56M |
|
8
Chevron
CVX
$387B
| $2.29B | 1.09% |
14,579,109
+492,416
| +3% | +$78.9M |
|
9
Visa
V
$669B
| $2.25B | 1.07% |
9,464,828
-718,012
| -7% | -$164M |
|
10
Texas Instruments
TXN
$259B
| $2.13B | 1.01% |
11,849,545
-322,240
| -3% | -$55.5M |
|
11
Johnson & Johnson
JNJ
$624B
| $2.09B | 0.99% |
12,614,629
+363,991
| +3% | +$58.7M |
|
12
JPMorgan Chase
JPM
$930B
| $2.07B | 0.98% |
14,241,610
+100,029
| +0.7% | +$13.8M |
|
13
ServiceNow
NOW
$94.8B
| $1.81B | 0.86% |
16,136,900
+6,845
| +0% | +$684K |
|
14
Analog Devices
ADI
$185B
| $1.76B | 0.84% |
9,032,143
+359,562
| +4% | +$66.6M |
|
15
Medtronic
MDT
$105B
| $1.71B | 0.81% |
19,443,281
-547,078
| -3% | -$47.1M |
|
16
Linde
LIN
$234B
| $1.66B | 0.79% |
4,351,513
+23,468
| +0.5% | +$8.57M |
|
17
NextEra Energy
NEE
$187B
| $1.65B | 0.78% |
22,243,870
-2,464,351
| -10% | -$187M |
|
18
Roper Technologies
ROP
$35.8B
| $1.58B | 0.75% |
3,291,876
-20,269
| -0.6% | -$9.18M |
|
|
19
Alphabet (Google) Class C
GOOG
$3.88T
| $1.57B | 0.75% |
12,973,236
+2,150,264
| +20% | +$249M |
|
20
Synopsys
SNPS
$71.5B
| $1.56B | 0.74% |
3,576,839
-112,464
| -3% | -$45.3M |
|
21
Honeywell
HON
$78B
| $1.53B | 0.73% |
7,800,037
+1,458,025
| +23% | +$271M |
|
22
Eli Lilly
LLY
$1.06T
| $1.5B | 0.71% |
3,188,232
-284,330
| -8% | -$119M |
|
|
23
Comcast
CMCSA
$78.3B
| $1.48B | 0.7% |
35,674,385
+9,906,353
| +38% | +$393M |
|
24
Danaher
DHR
$135B
| $1.47B | 0.7% |
6,900,030
-58,209
| -0.8% | -$12.3M |
|
|
25
Bank of America
BAC
$430B
| $1.44B | 0.68% |
50,147,958
+13,561,040
| +37% | +$387M |
|
Similar funds
Franklin Resources's Q2 2023 Portfolio in Review
As of Q2 2023, Franklin Resources held 2,805 positions worth $210B, up 5.6% from $199B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Franklin Resources's Q2 2023 filing shows 498 new, 1,216 increased, 722 reduced and 82 closed positions. Its largest new stake was Ferguson: 2,322,434 shares worth $365M. The largest sale was T-Mobile US, an estimated $403M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2023 buy was Ferguson: 2,322,434 shares worth $365M.
- Franklin Resources added most to Union Pacific in Q2 2023, an estimated $455M increase.
- Franklin Resources's biggest Q2 2023 reduction was T-Mobile US, cutting an estimated $403M.
- Franklin Resources fully exited Arconic Corporation in Q2 2023, selling an estimated $114M.
- Franklin Resources's ten largest holdings make up 17% of its $210B portfolio in Q2 2023.
- Franklin Resources opened 498 new positions and closed 82 in Q2 2023.
- Franklin Resources's portfolio value rose 5.6% quarter-over-quarter to $210B.
Based on Franklin Resources's 13F filing for Q2 2023, filed 11 Aug 2023.