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 | |
|---|---|---|---|---|---|---|
576
LegalZoom.com
LZ
$1.23B
| $33.3M | 0.02% |
3,043,822
+336
| +0% | +$4.12K |
|
577
EyePoint Inc
EYPT
$1.02B
| $33.2M | 0.02% |
4,152,445
-912,138
| -18% | -$10M |
|
578
Steel Dynamics
STLD
$35.6B
| $33M | 0.02% |
307,536
-16,688
| -5% | -$1.74M |
|
579
Cencora
COR
$60.3B
| $32.8M | 0.02% |
182,218
-1,951
| -1% | -$360K |
|
580
DoorDash
DASH
$75.3B
| $32.4M | 0.02% |
407,595
+1,457
| +0.4% | +$119K |
|
581
TC Energy
TRP
$73.5B
| $32.4M | 0.02% |
941,385
-376,735
| -29% | -$13.9M |
|
|
RYZ
582
Ryerson Holding Corp
RYZ
$1.6B
| $32M | 0.02% |
1,098,329
+299,333
| +37% | +$10.2M |
|
583
Cigna
CI
$76.6B
| $31.9M | 0.02% |
111,541
-16,196
| -13% | -$4.62M |
|
584
Boyd Gaming
BYD
$6.47B
| $31.8M | 0.02% |
522,400
+10,241
| +2% | +$682K |
|
585
Insulet
PODD
$11.3B
| $31.6M | 0.02% |
197,952
-340,850
| -63% | -$76.3M |
|
586
NETSCOUT
NTCT
$2.86B
| $31.6M | 0.02% |
1,126,091
-2,063,655
| -65% | -$59M |
|
587
ODDITY Tech
ODD
$708M
| $31.4M | 0.02% |
+1,107,350
| New | +$46.9M |
|
588
Nu Holdings
NU
$68.1B
| $31.2M | 0.02% |
4,299,042
+9,649
| +0.2% | +$72.2K |
|
589
Alkami Technology
ALKT
$1.8B
| $31.1M | 0.02% |
1,706,097
-122,509
| -7% | -$2.06M |
|
590
Privia Health
PRVA
$3.21B
| $31.1M | 0.02% |
1,351,243
+131,314
| +11% | +$3.34M |
|
591
Camden National
CAC
$924M
| $31.1M | 0.02% |
1,100,896
-7,195
| -0.6% | -$232K |
|
592
Cardinal Health
CAH
$53.4B
| $31M | 0.02% |
357,523
-123,535
| -26% | -$11.2M |
|
593
Kratos Defense & Security Solutions
KTOS
$8.88B
| $31M | 0.02% |
2,066,265
+3,181
| +0.2% | +$47.3K |
|
594
Boot Barn
BOOT
$4.55B
| $31M | 0.02% |
381,292
-128,837
| -25% | -$11.6M |
|
595
Avantor
AVTR
$7.81B
| $30.9M | 0.02% |
1,464,594
+240,786
| +20% | +$5.12M |
|
596
AvalonBay Communities
AVB
$27.1B
| $30.8M | 0.02% |
179,175
+16,948
| +10% | +$3.13M |
|
597
German American Bancorp
GABC
$1.82B
| $30.6M | 0.02% |
1,128,482
-20,567
| -2% | -$588K |
|
|
MRNS
598
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $30.5M | 0.02% |
3,784,366
+2,467,498
| +187% | +$20.5M |
|
599
Burlington
BURL
$22B
| $30.3M | 0.02% |
224,186
-6,150
| -3% | -$986K |
|
600
SPS Commerce
SPSC
$2.25B
| $30.3M | 0.02% |
177,595
-120
| -0.1% | -$21.3K |
|
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.