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 | |
|---|---|---|---|---|---|---|
651
Klaviyo
KVYO
$4.91B
| $24.4M | 0.01% |
+706,586
| New | +$24.2M |
|
|
BNY
652
Bank of New York Mellon
BNY
$108B
| $24.4M | 0.01% |
571,543
+11,543
| +2% | +$514K |
|
653
Arch Capital
ACGL
$36.1B
| $24.2M | 0.01% |
303,263
-195,684
| -39% | -$15.2M |
|
654
Phreesia
PHR
$632M
| $24.1M | 0.01% |
1,291,183
+31,189
| +2% | +$839K |
|
655
Wynn Resorts
WYNN
$10.1B
| $24M | 0.01% |
259,873
+16,794
| +7% | +$1.68M |
|
656
Ameriprise Financial
AMP
$46.8B
| $24M | 0.01% |
72,712
-2,207
| -3% | -$753K |
|
|
HLVX
657
DELISTED
HilleVax
HLVX
| $23.9M | 0.01% |
1,774,458
+489,908
| +38% | +$6.89M |
|
658
ICF International
ICFI
$1.44B
| $23.8M | 0.01% |
197,256
-205,075
| -51% | -$25.6M |
|
659
Lennar Class A
LEN
$20.4B
| $23.8M | 0.01% |
219,014
+164,183
| +299% | +$19.3M |
|
660
Mirum Pharmaceuticals
MIRM
$6.89B
| $23.5M | 0.01% |
744,622
+133,541
| +22% | +$3.66M |
|
661
CF Industries
CF
$19.2B
| $23.4M | 0.01% |
273,131
-20,956
| -7% | -$1.66M |
|
662
Copart
CPRT
$25.9B
| $23.4M | 0.01% |
543,322
+2,100
| +0.4% | +$93.4K |
|
|
CTRA
663
DELISTED
Coterra Energy
CTRA
| $23.2M | 0.01% |
859,423
-798,149
| -48% | -$21.7M |
|
664
iShares MBS ETF
MBB
$39B
| $23.2M | 0.01% |
261,121
-2,191
| -0.8% | -$200K |
|
665
Jabil
JBL
$32.8B
| $23.1M | 0.01% |
182,001
-25,684
| -12% | -$2.81M |
|
666
Synchrony
SYF
$23.7B
| $23.1M | 0.01% |
754,167
+35,557
| +5% | +$1.18M |
|
667
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.36B
| $23M | 0.01% |
586,100
-102,637
| -15% | -$4.23M |
|
668
Citizens Financial Group
CFG
$30.4B
| $22.8M | 0.01% |
850,219
-179,156
| -17% | -$5.12M |
|
669
Duolingo
DUOL
$5.7B
| $22.7M | 0.01% |
137,132
+219
| +0.2% | +$32.2K |
|
670
JPMorgan Ultra-Short Income ETF
JPST
$40B
| $22.7M | 0.01% |
452,333
+32,249
| +8% | +$1.62M |
|
671
American International
AIG
$41.9B
| $22.6M | 0.01% |
372,199
+179,518
| +93% | +$10.7M |
|
672
Packaging Corp of America
PKG
$22.7B
| $22.4M | 0.01% |
145,807
+26,137
| +22% | +$3.81M |
|
673
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $22.3M | 0.01% |
387,104
+21,662
| +6% | +$1.25M |
|
674
PPG Industries
PPG
$25.9B
| $22.3M | 0.01% |
171,709
+38,356
| +29% | +$5.38M |
|
675
Snap-on
SNA
$20.9B
| $22.2M | 0.01% |
87,074
+293
| +0.3% | +$79.2K |
|
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.