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 | |
|---|---|---|---|---|---|---|
|
TIXT
701
DELISTED
TELUS International
TIXT
| $19.7M | 0.01% |
2,591,421
+1,162,795
| +81% | +$11.1M |
|
702
Best Buy
BBY
$18B
| $19.7M | 0.01% |
283,552
+117,858
| +71% | +$9.11M |
|
703
Genmab
GMAB
$17.7B
| $19.7M | 0.01% |
557,607
-88,030
| -14% | -$3.35M |
|
704
Clearway Energy Class C
CWEN
$5B
| $19.6M | 0.01% |
928,321
-5,290
| -0.6% | -$134K |
|
705
Roivant Sciences
ROIV
$25.2B
| $19.6M | 0.01% |
1,678,159
+53,105
| +3% | +$600K |
|
706
Pinduoduo
PDD
$118B
| $19.5M | 0.01% |
198,857
-48,079
| -19% | -$4.14M |
|
707
Credicorp
BAP
$30.9B
| $19.5M | 0.01% |
152,079
+3,845
| +3% | +$558K |
|
708
Alamo Group
ALG
$2.01B
| $19.3M | 0.01% |
111,772
-4,833
| -4% | -$866K |
|
709
VeriSign
VRSN
$25.3B
| $19.2M | 0.01% |
94,808
+57,376
| +153% | +$11.9M |
|
710
First Citizens BancShares
FCNCA
$24.6B
| $19.1M | 0.01% |
13,850
-5,459
| -28% | -$7.5M |
|
711
Western Alliance Bancorporation
WAL
$9.07B
| $19.1M | 0.01% |
415,794
-69,146
| -14% | -$3.27M |
|
712
Unum
UNM
$13.8B
| $19M | 0.01% |
386,196
-89,367
| -19% | -$4.37M |
|
713
T. Rowe Price
TROW
$25B
| $18.9M | 0.01% |
180,646
+94,829
| +111% | +$10.7M |
|
714
Vanguard Growth ETF
VUG
$216B
| $18.9M | 0.01% |
416,700
+155,304
| +59% | +$7.34M |
|
715
PACCAR
PCAR
$69.6B
| $18.9M | 0.01% |
222,217
-223,279
| -50% | -$19M |
|
|
CGAU
716
Centerra Gold
CGAU
$3.22B
| $18.8M | 0.01% |
3,838,085
+2,650,270
| +223% | +$15.5M |
|
717
Sea Limited
SE
$61.2B
| $18.6M | 0.01% |
423,403
+16,819
| +4% | +$822K |
|
718
Hubbell
HUBB
$25.7B
| $18.6M | 0.01% |
59,199
+4,716
| +9% | +$1.5M |
|
|
RYZB
719
DELISTED
RayzeBio, Inc. Common Stock
RYZB
| $18.5M | 0.01% |
+833,333
| New | +$17.5M |
|
720
RPM International
RPM
$13.7B
| $18.5M | 0.01% |
194,938
+3,815
| +2% | +$372K |
|
721
Pebblebrook Hotel Trust
PEB
$2.16B
| $18.4M | 0.01% |
1,355,846
-3,613
| -0.3% | -$51.8K |
|
722
Wheaton Precious Metals
WPM
$50.6B
| $18.4M | 0.01% |
453,997
+17,530
| +4% | +$756K |
|
723
Skyworks Solutions
SWKS
$9.06B
| $18.4M | 0.01% |
186,173
-256
| -0.1% | -$27.2K |
|
724
First Bancorp
FBNC
$2.6B
| $18.3M | 0.01% |
649,329
+7,485
| +1% | +$229K |
|
725
Atlantic Union Bankshares
AUB
$5.99B
| $18.2M | 0.01% |
631,058
-20,780
| -3% | -$618K |
|
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.