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 |
Merck
MRK
|
+$276M |
| 2 |
NextEra Energy
NEE
|
+$275M |
| 3 |
Progressive
PGR
|
+$241M |
| 4 |
Kenvue
KVUE
|
+$228M |
| 5 |
PepsiCo
PEP
|
+$203M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$402M |
| 2 |
Zimmer Biomet
ZBH
|
+$395M |
| 3 |
NEE.PRQ
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
|
+$395M |
| 4 |
Amgen
AMGN
|
+$375M |
| 5 |
Willis Towers Watson
WTW
|
+$346M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.75% |
| 2 | Healthcare | 15.09% |
| 3 | Financials | 10.76% |
| 4 | Industrials | 9.67% |
| 5 | Consumer Discretionary | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Airbnb
ABNB
$83.7B
| $196M | 0.1% |
1,431,399
+4,841
| +0.3% | +$668K |
|
227
Zebra Technologies
ZBRA
$12.4B
| $196M | 0.1% |
826,849
-13,879
| -2% | -$3.77M |
|
228
iShares Core MSCI Emerging Markets ETF
IEMG
$149B
| $195M | 0.1% |
4,099,812
-231,838
| -5% | -$11.5M |
|
229
Gilead Sciences
GILD
$161B
| $195M | 0.1% |
2,599,409
-384,325
| -13% | -$29.6M |
|
230
Alliant Energy
LNT
$19.4B
| $192M | 0.1% |
3,967,793
-10,062
| -0.3% | -$522K |
|
231
Moody's
MCO
$82.4B
| $192M | 0.1% |
607,249
+10,036
| +2% | +$3.41M |
|
232
Chipotle Mexican Grill
CMG
$40.8B
| $191M | 0.1% |
5,206,300
-2,516,700
| -33% | -$98.1M |
|
233
Agnico Eagle Mines
AEM
$72.6B
| $189M | 0.1% |
4,163,163
-256,150
| -6% | -$12.6M |
|
234
iShares Floating Rate Bond ETF
FLOT
$10.1B
| $187M | 0.09% |
3,666,377
-51,557
| -1% | -$2.62M |
|
|
NARI
235
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $186M | 0.09% |
2,839,730
+119,459
| +4% | +$7.52M |
|
236
Qualcomm
QCOM
$176B
| $185M | 0.09% |
1,663,789
-34,278
| -2% | -$3.98M |
|
237
TotalEnergies
TTE
$193B
| $185M | 0.09% |
2,809,570
+25,761
| +0.9% | +$1.59M |
|
238
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $183M | 0.09% |
3,811,012
+296,371
| +8% | +$14.7M |
|
239
CMS Energy
CMS
$23.1B
| $182M | 0.09% |
3,424,221
-80,092
| -2% | -$4.64M |
|
240
Baxter International
BAX
$11.6B
| $181M | 0.09% |
4,802,749
+3,236,294
| +207% | +$138M |
|
241
Mattel
MAT
$4.17B
| $181M | 0.09% |
8,217,196
+4,179,344
| +104% | +$89.3M |
|
242
CenterPoint Energy
CNP
$29.1B
| $179M | 0.09% |
6,682,725
-410
| -0% | -$11.8K |
|
243
Franklin International Aggregate Bond ETF
FLIA
$765M
| $179M | 0.09% |
9,219,059
-164,320
| -2% | -$3.22M |
|
244
Cognizant
CTSH
$21.5B
| $178M | 0.09% |
2,634,525
+108,835
| +4% | +$7.51M |
|
245
Broadridge
BR
$17.2B
| $177M | 0.09% |
988,962
-167,185
| -14% | -$29.6M |
|
246
Rockwell Automation
ROK
$51.4B
| $174M | 0.09% |
608,034
-121,680
| -17% | -$37.6M |
|
247
Ametek
AME
$55.5B
| $173M | 0.09% |
1,170,799
-30,046
| -3% | -$4.69M |
|
248
Donaldson
DCI
$10.8B
| $170M | 0.09% |
2,848,331
-35,598
| -1% | -$2.2M |
|
249
Tapestry
TPR
$28.8B
| $170M | 0.09% |
5,900,182
-2,561,009
| -30% | -$93.8M |
|
250
BWX Technologies
BWXT
$16B
| $168M | 0.09% |
2,246,236
+1,268
| +0.1% | +$91.6K |
|
Similar funds
Franklin Resources's Q3 2023 Portfolio in Review
As of Q3 2023, Franklin Resources held 2,849 positions worth $197B, down 6.4% from $210B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Franklin Resources withdrew a net $6.91B in Q3 2023, closing 192 positions and reducing 1,252 holdings. Its most notable exit was NextEra Energy, Inc. 6.219% Corporate Units, an estimated $395M position sold in full.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 27% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Apollo Global Management Series A worth $132M.
- Franklin Resources's largest Q3 2023 buy was Apollo Global Management Series A: 2,400,100 shares worth $132M.
- Franklin Resources added most to Merck in Q3 2023, an estimated $276M increase.
- Franklin Resources's biggest Q3 2023 reduction was Eli Lilly, cutting an estimated $402M.
- Franklin Resources fully exited NextEra Energy, Inc. 6.219% Corporate Units in Q3 2023, selling an estimated $395M.
- Franklin Resources's ten largest holdings make up 18% of its $197B portfolio in Q3 2023.
- Franklin Resources opened 128 new positions and closed 192 in Q3 2023.
- Franklin Resources's portfolio value fell 6.4% quarter-over-quarter to $197B.
Based on Franklin Resources's 13F filing for Q3 2023, filed 13 Nov 2023.