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 | |
|---|---|---|---|---|---|---|
451
Chubb
CB
$140B
| $56.1M | 0.03% |
269,668
-7,335
| -3% | -$1.48M |
|
452
Benchmark Electronics
BHE
$2.91B
| $56M | 0.03% |
2,308,587
-3
| -0% | -$76 |
|
453
BrandywineGLOBAL Dynamic US Large Cap Value ETF
DVAL
$71.7M
| $56M | 0.03% |
4,822,192
-377,364
| -7% | -$4.5M |
|
454
Nutrien
NTR
$32.7B
| $55.9M | 0.03% |
905,540
-41,571
| -4% | -$2.63M |
|
455
Zurn Elkay Water Solutions
ZWS
$8.07B
| $55.9M | 0.03% |
1,993,474
-579,146
| -23% | -$16.6M |
|
456
Arcosa
ACA
$7.12B
| $55.5M | 0.03% |
772,168
+2,011
| +0.3% | +$153K |
|
457
eBay
EBAY
$48.6B
| $55.5M | 0.03% |
1,258,429
+178,003
| +16% | +$7.94M |
|
458
AAR Corp
AIR
$5.15B
| $55.5M | 0.03% |
931,784
-3,122
| -0.3% | -$186K |
|
459
Emerson Electric
EMR
$82.9B
| $55.1M | 0.03% |
570,240
+19,669
| +4% | +$1.87M |
|
460
Paymentus
PAY
$3.63B
| $54.1M | 0.03% |
3,256,470
-95,878
| -3% | -$1.27M |
|
461
Digital Realty Trust
DLR
$73.7B
| $54.1M | 0.03% |
446,640
+279,920
| +168% | +$34.4M |
|
462
Atmus Filtration Technologies
ATMU
$4.37B
| $53.7M | 0.03% |
2,573,178
+357,704
| +16% | +$8.19M |
|
463
First Solar
FSLR
$21.8B
| $53.6M | 0.03% |
331,634
-38,152
| -10% | -$7.12M |
|
464
Expedia Group
EXPE
$31.2B
| $53.5M | 0.03% |
519,009
-592
| -0.1% | -$65.3K |
|
465
Allegion
ALLE
$13B
| $52.1M | 0.03% |
499,630
-203
| -0% | -$22.9K |
|
466
Houlihan Lokey
HLI
$9.68B
| $52M | 0.03% |
485,571
-522
| -0.1% | -$53.8K |
|
467
Delta Air Lines
DAL
$55.9B
| $51.9M | 0.03% |
1,401,554
-943,368
| -40% | -$41M |
|
468
Match Group
MTCH
$8.84B
| $51.8M | 0.03% |
1,322,285
-1,084,778
| -45% | -$48.1M |
|
469
Darden Restaurants
DRI
$22.5B
| $51.8M | 0.03% |
361,640
-5,563
| -2% | -$882K |
|
470
Five Below
FIVE
$11.2B
| $51.8M | 0.03% |
321,696
-46,263
| -13% | -$8.46M |
|
471
iShares Russell Mid-Cap ETF
IWR
$56.8B
| $51.7M | 0.03% |
747,025
-93,179
| -11% | -$6.8M |
|
472
Flywire
FLYW
$1.96B
| $51.7M | 0.03% |
1,621,343
-900
| -0.1% | -$28.8K |
|
473
OneSpaWorld
OSW
$2.67B
| $51.1M | 0.03% |
4,550,263
-54,410
| -1% | -$634K |
|
474
iShares Gold Trust
IAU
$63B
| $51M | 0.03% |
1,458,776
-22,369
| -2% | -$816K |
|
475
Waste Management
WM
$95.9B
| $50.9M | 0.03% |
334,011
-6,810
| -2% | -$1.1M |
|
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.