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 | |
|---|---|---|---|---|---|---|
501
AES
AES
$10.6B
| $45.6M | 0.02% |
3,001,954
+2,060,641
| +219% | +$39.2M |
|
502
ICICI Bank
IBN
$106B
| $45.5M | 0.02% |
1,967,113
-169,687
| -8% | -$3.99M |
|
503
Rexford Industrial Realty
REXR
$8.7B
| $45.5M | 0.02% |
921,330
+2,067
| +0.2% | +$109K |
|
504
NVR
NVR
$17.2B
| $45.3M | 0.02% |
7,599
-3,620
| -32% | -$22.5M |
|
505
Piper Sandler
PIPR
$5.14B
| $45.3M | 0.02% |
+1,247,216
| New | +$45.1M |
|
506
SSR Mining
SSRM
$5.57B
| $44.9M | 0.02% |
3,378,709
-7,094
| -0.2% | -$103K |
|
|
MRUS
507
DELISTED
Merus
MRUS
| $44.6M | 0.02% |
1,891,926
+299,668
| +19% | +$7.27M |
|
508
Brunswick
BC
$5.19B
| $44.3M | 0.02% |
560,701
-318,470
| -36% | -$26.2M |
|
509
Clearfield
CLFD
$421M
| $43.7M | 0.02% |
1,523,854
+4,207
| +0.3% | +$165K |
|
|
AZPN
510
DELISTED
Aspen Technology Inc
AZPN
| $43.6M | 0.02% |
213,460
-543,411
| -72% | -$102M |
|
511
Nucor
NUE
$56.4B
| $43.5M | 0.02% |
278,233
+73,969
| +36% | +$12.2M |
|
512
Estee Lauder
EL
$29B
| $43.3M | 0.02% |
299,735
-8,951
| -3% | -$1.49M |
|
513
Carter's
CRI
$1.43B
| $43.2M | 0.02% |
624,312
-174,730
| -22% | -$12.5M |
|
514
Oceaneering
OII
$5.25B
| $43.1M | 0.02% |
1,676,635
-63,873
| -4% | -$1.46M |
|
|
SKX
515
DELISTED
Skechers
SKX
| $43M | 0.02% |
878,051
+4,012
| +0.5% | +$205K |
|
516
Cenovus Energy
CVE
$54.6B
| $43M | 0.02% |
2,063,049
+1,610,936
| +356% | +$30.8M |
|
517
Mid-America Apartment Communities
MAA
$15.6B
| $42.5M | 0.02% |
330,627
-13,728
| -4% | -$1.98M |
|
518
Franklin Systematic Style Premia ETF
FLSP
$1.02B
| $42.4M | 0.02% |
1,882,126
-764,525
| -29% | -$17M |
|
519
Apollo Global Management
APO
$70.7B
| $42.2M | 0.02% |
470,237
-646,960
| -58% | -$54.4M |
|
520
Vanguard Russell 2000 ETF
VTWO
$17.3B
| $42.1M | 0.02% |
589,580
+589,315
| +222,383% | +$44.7M |
|
521
Healthpeak Properties
DOC
$15.4B
| $41.8M | 0.02% |
2,278,068
+51,671
| +2% | +$1.06M |
|
522
Vanguard Value ETF
VTV
$189B
| $41.7M | 0.02% |
302,664
-1,572
| -0.5% | -$225K |
|
523
Franklin Dynamic Municipal Bond ETF
FLMI
$2.27B
| $41.5M | 0.02% |
1,807,511
+14,984
| +0.8% | +$354K |
|
524
Allegiant Air
ALGT
$2.64B
| $41.3M | 0.02% |
537,367
+27,623
| +5% | +$2.84M |
|
|
PYCR
525
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $41.3M | 0.02% |
1,807,628
-781
| -0% | -$18.6K |
|
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.