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 | |
|---|---|---|---|---|---|---|
626
Trade Desk
TTD
$8.13B
| $26.6M | 0.01% |
340,466
+212,936
| +167% | +$17.2M |
|
627
Builders FirstSource
BLDR
$7.84B
| $26.6M | 0.01% |
213,343
-65,844
| -24% | -$9.08M |
|
|
ORLA
628
Orla Mining
ORLA
$3.48B
| $26.5M | 0.01% |
7,497,555
-275,000
| -4% | -$1.22M |
|
629
iShares MSCI ACWI ex US ETF
ACWX
$11.3B
| $26.3M | 0.01% |
560,338
+3,014
| +0.5% | +$147K |
|
630
Pliant Therapeutics
PLRX
$67.5M
| $26.3M | 0.01% |
1,517,399
+17,075
| +1% | +$296K |
|
631
Cullinan Oncology
CGEM
$1.05B
| $26.2M | 0.01% |
2,890,775
+556,689
| +24% | +$5.8M |
|
632
Sarepta Therapeutics
SRPT
$1.66B
| $26.2M | 0.01% |
215,768
-441
| -0.2% | -$49.8K |
|
633
Fortive
FTV
$19B
| $26M | 0.01% |
465,482
-5,843
| -1% | -$336K |
|
634
Simon Property Group
SPG
$74.5B
| $26M | 0.01% |
240,657
-2,060
| -0.8% | -$241K |
|
635
Tencent Music
TME
$14.5B
| $25.9M | 0.01% |
4,058,814
-103,849
| -2% | -$692K |
|
636
Legend Biotech
LEGN
$4.3B
| $25.9M | 0.01% |
384,888
-41,420
| -10% | -$2.88M |
|
637
10x Genomics
TXG
$5.87B
| $25.8M | 0.01% |
625,380
+120,755
| +24% | +$6.28M |
|
638
Zoetis
ZTS
$31.6B
| $25.8M | 0.01% |
148,253
+23,092
| +18% | +$4.19M |
|
639
Vanguard FTSE Developed Markets ETF
VEA
$226B
| $25.7M | 0.01% |
587,513
+9,490
| +2% | +$434K |
|
640
Kennametal
KMT
$2.68B
| $25.7M | 0.01% |
1,032,106
-339
| -0% | -$9.17K |
|
641
EPAM Systems
EPAM
$4.69B
| $25.6M | 0.01% |
100,031
+92,915
| +1,306% | +$23M |
|
642
FIGS
FIGS
$1.59B
| $25.5M | 0.01% |
4,329,211
+27,357
| +0.6% | +$182K |
|
643
Deckers Outdoor
DECK
$13.3B
| $25.4M | 0.01% |
296,574
-477,558
| -62% | -$42.8M |
|
644
Toast
TOST
$16.8B
| $25.1M | 0.01% |
1,338,163
-171,415
| -11% | -$3.72M |
|
645
Weyerhaeuser
WY
$17.3B
| $25M | 0.01% |
814,587
+327,000
| +67% | +$10.8M |
|
646
Diageo
DEO
$46.2B
| $25M | 0.01% |
167,291
-1,447
| -0.9% | -$242K |
|
647
KB Financial Group
KB
$41.2B
| $24.7M | 0.01% |
600,903
-2,337
| -0.4% | -$92.6K |
|
|
SWAV
648
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $24.5M | 0.01% |
123,210
-46,777
| -28% | -$11.1M |
|
649
Vanguard Small-Cap ETF
VB
$79.5B
| $24.5M | 0.01% |
129,466
+110,364
| +578% | +$22M |
|
650
Certara
CERT
$1.17B
| $24.5M | 0.01% |
1,682,182
-2,544
| -0.2% | -$42.8K |
|
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.