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 | |
|---|---|---|---|---|---|---|
376
Pinnacle West Capital
PNW
$12.9B
| $86.8M | 0.04% |
1,178,383
-25,117
| -2% | -$1.99M |
|
377
Mobileye
MBLY
$2.03B
| $86.6M | 0.04% |
2,084,333
+645,109
| +45% | +$24.8M |
|
378
Neurocrine Biosciences
NBIX
$17.7B
| $86.2M | 0.04% |
766,186
+37,936
| +5% | +$3.99M |
|
379
Insmed
INSM
$23.2B
| $86.1M | 0.04% |
3,411,837
-21,803
| -0.6% | -$499K |
|
380
DT Midstream
DTM
$14.9B
| $86.1M | 0.04% |
1,627,291
-11,154
| -0.7% | -$582K |
|
381
Repligen
RGEN
$7.44B
| $84.9M | 0.04% |
533,747
-173,690
| -25% | -$28.4M |
|
382
Columbus McKinnon
CMCO
$465M
| $84.4M | 0.04% |
2,418,804
+5,933
| +0.2% | +$226K |
|
383
Franklin Municipal Green Bond ETF
FLMB
$75M
| $84.4M | 0.04% |
3,749,070
+45
| +0% | +$1.05K |
|
384
Herc Holdings
HRI
$5.43B
| $84.2M | 0.04% |
708,038
+465
| +0.1% | +$60.7K |
|
385
Electronic Arts
EA
$52.4B
| $84M | 0.04% |
698,006
+139,090
| +25% | +$17.5M |
|
386
JPMorgan Equity Premium Income ETF
JEPI
$45.3B
| $83.3M | 0.04% |
1,555,858
+29,909
| +2% | +$1.65M |
|
387
Mueller Water Products
MWA
$3.92B
| $82.7M | 0.04% |
6,524,377
+3,114,268
| +91% | +$44.9M |
|
388
Brown-Forman Class B
BF.B
$12B
| $82.7M | 0.04% |
1,433,728
-746,323
| -34% | -$49.6M |
|
389
MDU Resources
MDU
$4.44B
| $82.4M | 0.04% |
7,592,435
-1,422
| -0% | -$16.4K |
|
390
Las Vegas Sands
LVS
$30.5B
| $82M | 0.04% |
1,789,067
+3,042
| +0.2% | +$164K |
|
|
DQ
391
Daqo New Energy
DQ
$790M
| $81M | 0.04% |
2,674,539
+102,080
| +4% | +$3.64M |
|
|
CFLT
392
DELISTED
Confluent
CFLT
| $81M | 0.04% |
2,734,127
+2,616
| +0.1% | +$87.7K |
|
393
Essential Utilities
WTRG
$11.2B
| $80.5M | 0.04% |
2,343,540
+10,864
| +0.5% | +$421K |
|
394
Old Dominion Freight Line
ODFL
$48.5B
| $79.9M | 0.04% |
390,372
-100,482
| -20% | -$20.3M |
|
395
Boston Scientific
BSX
$65.8B
| $78.7M | 0.04% |
1,490,542
+16,619
| +1% | +$872K |
|
396
CAE Inc. Common Shares
CAE
$8.1B
| $78.6M | 0.04% |
3,367,653
-38,896
| -1% | -$900K |
|
397
O'Reilly Automotive
ORLY
$72.4B
| $77.8M | 0.04% |
1,284,555
+75,615
| +6% | +$4.74M |
|
398
Roblox
RBLX
$34B
| $76.6M | 0.04% |
2,646,496
+670,829
| +34% | +$22.3M |
|
399
Regal Rexnord
RRX
$14.2B
| $76.4M | 0.04% |
534,725
-187,285
| -26% | -$28.8M |
|
|
B
400
Barrick Mining
B
$62.2B
| $76.2M | 0.04% |
5,240,049
-135,726
| -3% | -$2.22M |
|
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.