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 | |
|---|---|---|---|---|---|---|
676
Lithia Motors
LAD
$7.78B
| $22.2M | 0.01% |
75,141
-101,135
| -57% | -$30.8M |
|
677
STAG Industrial
STAG
$7.86B
| $22.1M | 0.01% |
640,548
-954,619
| -60% | -$34.6M |
|
678
State Street
STT
$50.9B
| $22M | 0.01% |
328,051
-73,433
| -18% | -$5.18M |
|
679
Sysco
SYY
$39.7B
| $21.8M | 0.01% |
330,779
-2,799
| -0.8% | -$201K |
|
680
Steven Madden
SHOO
$3.12B
| $21.8M | 0.01% |
685,921
-125,448
| -15% | -$4.17M |
|
681
Pembina Pipeline
PBA
$29.9B
| $21.8M | 0.01% |
724,183
+128,486
| +22% | +$3.96M |
|
682
NetApp
NTAP
$32.9B
| $21.7M | 0.01% |
285,689
+128,430
| +82% | +$9.93M |
|
683
Hewlett Packard
HPE
$63.2B
| $21.6M | 0.01% |
1,242,379
-968,132
| -44% | -$16.7M |
|
|
NYAX
684
Nayax
NYAX
$2.6B
| $21.3M | 0.01% |
916,944
-7,798
| -0.8% | -$173K |
|
685
Apogee Therapeutics
APGE
$10.2B
| $21.2M | 0.01% |
+997,357
| New | +$22M |
|
686
Black Hills Corp
BKH
$5.73B
| $21.2M | 0.01% |
418,961
-435,770
| -51% | -$24.7M |
|
687
iShares MSCI Emerging Markets ETF
EEM
$28B
| $21.1M | 0.01% |
554,999
-14,742
| -3% | -$584K |
|
688
Insteel Industries
IIIN
$633M
| $20.7M | 0.01% |
637,241
+202,965
| +47% | +$6.51M |
|
689
Franklin Resources
BEN
$16.9B
| $20.6M | 0.01% |
839,788
-2,061
| -0.2% | -$55.7K |
|
690
Portillo's
PTLO
$315M
| $20.6M | 0.01% |
1,335,734
-2,653
| -0.2% | -$51.8K |
|
691
Vanguard S&P 500 ETF
VOO
$968B
| $20.4M | 0.01% |
52,006
+1,396
| +3% | +$571K |
|
|
FLG
692
Flagstar Bank National Association
FLG
$5.77B
| $20.4M | 0.01% |
599,439
-50,099
| -8% | -$1.81M |
|
693
Viavi Solutions
VIAV
$9.75B
| $20.2M | 0.01% |
2,212,804
-718
| -0% | -$7.48K |
|
|
K
694
DELISTED
Kellanova
K
| $20.1M | 0.01% |
360,493
+11,294
| +3% | +$672K |
|
695
Celsius Holdings
CELH
$6.93B
| $20M | 0.01% |
349,056
+321,183
| +1,152% | +$18.1M |
|
696
iShares Russell 2000 Value ETF
IWN
$14.4B
| $19.9M | 0.01% |
146,679
+69,376
| +90% | +$9.95M |
|
|
APLT
697
DELISTED
Applied Therapeutics
APLT
| $19.8M | 0.01% |
7,947,012
+280
| +0% | +$462 |
|
698
Omnicom Group
OMC
$22.7B
| $19.8M | 0.01% |
265,608
-92,041
| -26% | -$7.59M |
|
699
Olin
OLN
$2.64B
| $19.8M | 0.01% |
395,742
+365,756
| +1,220% | +$19.7M |
|
700
Array Technologies
ARRY
$818M
| $19.8M | 0.01% |
890,665
+18,635
| +2% | +$405K |
|
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.