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 | |
|---|---|---|---|---|---|---|
326
Genpact
G
$5.3B
| $117M | 0.06% |
3,233,820
+815,307
| +34% | +$30.3M |
|
327
Telus
TU
$16B
| $117M | 0.06% |
7,150,639
+107,882
| +2% | +$1.9M |
|
328
Tractor Supply
TSCO
$16.3B
| $116M | 0.06% |
2,860,445
-53,995
| -2% | -$2.34M |
|
329
Hilton Grand Vacations
HGV
$3.84B
| $116M | 0.06% |
2,841,887
+321,101
| +13% | +$14.1M |
|
|
DOOR
330
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $115M | 0.06% |
1,233,213
+11,122
| +0.9% | +$1.12M |
|
331
Ascendis Pharma A/S
ASND
$16.7B
| $114M | 0.06% |
1,213,285
-40
| -0% | -$3.74K |
|
332
WillScot Mobile Mini Holdings
WSC
$4.8B
| $112M | 0.06% |
2,701,200
+2,302,081
| +577% | +$101M |
|
333
Brookfield
BN
$102B
| $112M | 0.06% |
5,386,044
+51,285
| +1% | +$1.16M |
|
334
Suncor Energy
SU
$77.7B
| $110M | 0.06% |
3,208,042
-2,393,228
| -43% | -$76.7M |
|
335
Paychex
PAYX
$40.4B
| $109M | 0.06% |
943,621
-27,860
| -3% | -$3.36M |
|
336
Fortis
FTS
$30B
| $109M | 0.06% |
2,863,545
+56,593
| +2% | +$2.31M |
|
|
WCN
337
Waste Connections
WCN
$42.8B
| $108M | 0.06% |
806,243
+1,049
| +0.1% | +$147K |
|
338
Consolidated Edison
ED
$41.6B
| $108M | 0.05% |
1,257,827
-306,564
| -20% | -$27.9M |
|
339
New York Times
NYT
$11.6B
| $107M | 0.05% |
2,590,462
+382,235
| +17% | +$16.1M |
|
340
CNO Financial Group
CNO
$4.97B
| $107M | 0.05% |
4,495,493
+162,944
| +4% | +$3.92M |
|
341
Automatic Data Processing
ADP
$100B
| $106M | 0.05% |
442,441
+1,304
| +0.3% | +$318K |
|
342
GitLab
GTLB
$5.28B
| $106M | 0.05% |
2,352,830
-240,374
| -9% | -$11.5M |
|
343
Arm
ARM
$278B
| $106M | 0.05% |
+1,981,641
| New | +$110M |
|
344
Arthur J. Gallagher & Co
AJG
$63.7B
| $105M | 0.05% |
462,773
+160,345
| +53% | +$35.9M |
|
345
CoStar Group
CSGP
$11.3B
| $105M | 0.05% |
1,371,402
-1,270,274
| -48% | -$105M |
|
346
Freshpet
FRPT
$2.83B
| $104M | 0.05% |
1,571,881
+2,963
| +0.2% | +$213K |
|
347
F5
FFIV
$22.1B
| $103M | 0.05% |
636,269
-154,227
| -20% | -$24.1M |
|
348
Entegris
ENTG
$19.7B
| $101M | 0.05% |
1,078,874
-5,218
| -0.5% | -$522K |
|
|
CTLT
349
DELISTED
CATALENT, INC.
CTLT
| $101M | 0.05% |
2,225,007
+3,895
| +0.2% | +$182K |
|
350
Open Text
OTEX
$5.43B
| $101M | 0.05% |
2,880,988
-239,015
| -8% | -$9.36M |
|
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.