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 | |
|---|---|---|---|---|---|---|
426
Liberty Energy
LBRT
$2.83B
| $64.4M | 0.03% |
3,477,019
-162,138
| -4% | -$2.67M |
|
427
Phillips 66
PSX
$82.9B
| $64.2M | 0.03% |
533,998
+141,945
| +36% | +$15.9M |
|
428
LPL Financial
LPLA
$26.3B
| $64.2M | 0.03% |
269,943
+55,212
| +26% | +$12.8M |
|
|
NEE.PRR
429
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
| $63.8M | 0.03% |
1,687,233
+710,413
| +73% | +$31.1M |
|
430
KKR & Co
KKR
$89.2B
| $62.3M | 0.03% |
1,011,586
+975,862
| +2,732% | +$59.3M |
|
431
Franklin Senior Loan ETF
FLBL
$852M
| $62M | 0.03% |
2,579,589
+13,725
| +0.5% | +$330K |
|
|
HES
432
DELISTED
Hess
HES
| $62M | 0.03% |
405,371
-14,644
| -3% | -$2.21M |
|
433
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $62M | 0.03% |
1,310,382
+16,300
| +1% | +$770K |
|
434
Intercorp Financial Services
IFS
$6.63B
| $61.8M | 0.03% |
2,742,871
-49,911
| -2% | -$1.2M |
|
435
Matador Resources
MTDR
$6.31B
| $61.6M | 0.03% |
1,035,208
+3,243
| +0.3% | +$189K |
|
436
Wingstop
WING
$3.68B
| $61.4M | 0.03% |
341,505
+149,043
| +77% | +$25.8M |
|
|
ALEX
437
DELISTED
Alexander & Baldwin
ALEX
| $60.9M | 0.03% |
3,639,051
+286,656
| +9% | +$5.2M |
|
438
OGE Energy
OGE
$10.3B
| $60.5M | 0.03% |
1,813,977
-69,668
| -4% | -$2.44M |
|
439
Constellation Energy
CEG
$98B
| $60.3M | 0.03% |
552,607
-796,784
| -59% | -$82.1M |
|
440
Freshworks
FRSH
$2.84B
| $59.4M | 0.03% |
2,981,626
+22,139
| +0.7% | +$440K |
|
441
Deutsche Bank
DB
$66.3B
| $58.8M | 0.03% |
5,350,691
+409,480
| +8% | +$4.43M |
|
442
GE Aerospace
GE
$367B
| $58.6M | 0.03% |
663,808
+50,754
| +8% | +$4.56M |
|
443
Banco Santander Chile
BSAC
$15.8B
| $58.1M | 0.03% |
3,169,704
+120,353
| +4% | +$2.32M |
|
444
Canadian Imperial Bank of Commerce
CM
$107B
| $57.9M | 0.03% |
1,500,981
-4,085
| -0.3% | -$169K |
|
445
iShares Core US Aggregate Bond ETF
AGG
$138B
| $57.8M | 0.03% |
614,839
-76,461
| -11% | -$7.36M |
|
446
Kforce
KFRC
$983M
| $57.2M | 0.03% |
959,030
+483,850
| +102% | +$29.5M |
|
447
Louisiana-Pacific
LPX
$5.2B
| $57.1M | 0.03% |
1,032,776
+184,028
| +22% | +$12.1M |
|
|
NIMC
448
DELISTED
NiSource Inc. Series A Corporate Units
NIMC
| $56.9M | 0.03% |
584,230
| – | – |
|
449
Manulife Financial
MFC
$72.6B
| $56.9M | 0.03% |
3,112,831
-1,372
| -0% | -$25.9K |
|
450
Equity Lifestyle Properties
ELS
$12.8B
| $56.2M | 0.03% |
882,450
-67,236
| -7% | -$4.54M |
|
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.