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 | |
|---|---|---|---|---|---|---|
276
HDFC Bank
HDB
$119B
| $151M | 0.08% |
5,105,392
+138,664
| +3% | +$4.52M |
|
277
Alcon
ALC
$33.1B
| $150M | 0.08% |
1,943,333
-175,760
| -8% | -$14.4M |
|
278
Vistra
VST
$55.1B
| $150M | 0.08% |
4,515,459
+242,334
| +6% | +$7.28M |
|
279
Hartford Financial Services
HIG
$38.5B
| $149M | 0.08% |
2,106,995
-204,903
| -9% | -$14.9M |
|
280
Aptiv
APTV
$12B
| $149M | 0.08% |
1,514,479
-599,622
| -28% | -$62M |
|
281
Canadian Natural Resources
CNQ
$96.9B
| $149M | 0.08% |
4,599,218
-1,134,604
| -20% | -$34.7M |
|
282
Lamb Weston
LW
$6.85B
| $148M | 0.08% |
1,600,903
+126,198
| +9% | +$12.8M |
|
283
Manhattan Associates
MANH
$8.97B
| $148M | 0.08% |
747,425
+333,005
| +80% | +$65M |
|
284
Freeport-McMoran
FCX
$90B
| $146M | 0.07% |
3,907,724
-510,998
| -12% | -$20.6M |
|
285
Ameren
AEE
$31.5B
| $145M | 0.07% |
1,934,236
-105
| -0% | -$8.56K |
|
286
American Water Works
AWK
$26.3B
| $145M | 0.07% |
1,167,770
-93,374
| -7% | -$13.1M |
|
287
Nice
NICE
$5.29B
| $145M | 0.07% |
850,018
+35,080
| +4% | +$6.98M |
|
288
American Tower
AMT
$77.7B
| $145M | 0.07% |
878,694
-9,751
| -1% | -$1.78M |
|
289
Columbia Banking Systems
COLB
$9.02B
| $144M | 0.07% |
7,088,285
+661,651
| +10% | +$13.8M |
|
290
Xcel Energy
XEL
$51B
| $143M | 0.07% |
2,498,821
-111,140
| -4% | -$6.68M |
|
|
CYBR
291
DELISTED
CyberArk
CYBR
| $143M | 0.07% |
871,450
-220,476
| -20% | -$35.4M |
|
292
Blackstone
BX
$104B
| $142M | 0.07% |
1,322,873
+863,484
| +188% | +$89.9M |
|
293
Verisk Analytics
VRSK
$26.4B
| $142M | 0.07% |
599,084
+317,450
| +113% | +$74.8M |
|
294
CRH
CRH
$66.7B
| $141M | 0.07% |
2,553,971
+2,491,425
| +3,983% | +$142M |
|
295
Scotiabank
BNS
$106B
| $141M | 0.07% |
3,137,701
+373,781
| +14% | +$17.9M |
|
296
Enbridge
ENB
$124B
| $140M | 0.07% |
4,209,658
+658,360
| +19% | +$23.4M |
|
297
Banco Bradesco
BBD
$38.1B
| $140M | 0.07% |
48,985,660
-1,609,275
| -3% | -$5.09M |
|
298
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.1B
| $139M | 0.07% |
3,378,490
-2,480
| -0.1% | -$107K |
|
299
SBA Communications
SBAC
$18.4B
| $138M | 0.07% |
688,281
-134,127
| -16% | -$29.8M |
|
300
Martin Marietta Materials
MLM
$33.6B
| $137M | 0.07% |
334,682
-3,578
| -1% | -$1.58M |
|
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.