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 | |
|---|---|---|---|---|---|---|
751
TriMas Corp
TRS
$1.43B
| $16.6M | 0.01% |
671,510
+8
| +0% | +$208 |
|
752
American Homes 4 Rent
AMH
$12B
| $16.5M | 0.01% |
489,041
-32,068
| -6% | -$1.15M |
|
|
SKE
753
Skeena Resources
SKE
$3.36B
| $16.3M | 0.01% |
3,566,050
| – | – |
|
754
Watsco Inc
WSO
$14.9B
| $16.3M | 0.01% |
43,087
+50
| +0.1% | +$18.1K |
|
755
iShares Select Dividend ETF
DVY
$24B
| $16.3M | 0.01% |
151,068
-15,624
| -9% | -$1.78M |
|
756
Trip.com Group
TCOM
$27.5B
| $16.2M | 0.01% |
464,095
-360,510
| -44% | -$13.6M |
|
757
BHP
BHP
$213B
| $16.2M | 0.01% |
285,072
+1,577
| +0.6% | +$92.2K |
|
758
Regency Centers
REG
$15B
| $16M | 0.01% |
269,098
-18,506
| -6% | -$1.17M |
|
759
Conagra Brands
CAG
$7.07B
| $16M | 0.01% |
582,623
-34,239
| -6% | -$1.06M |
|
760
Coherent
COHR
$55.2B
| $15.9M | 0.01% |
487,225
-3,367,245
| -87% | -$138M |
|
|
DAY
761
DELISTED
Dayforce
DAY
| $15.9M | 0.01% |
234,283
-17,435
| -7% | -$1.23M |
|
762
Nomad Foods
NOMD
$1.64B
| $15.8M | 0.01% |
1,040,687
-1,155
| -0.1% | -$20K |
|
763
Nerdy
NRDY
$107M
| $15.8M | 0.01% |
4,273,135
-29,300
| -0.7% | -$127K |
|
764
Nordson
NDSN
$16.5B
| $15.7M | 0.01% |
70,138
+1,554
| +2% | +$372K |
|
|
HI
765
DELISTED
Hillenbrand
HI
| $15.6M | 0.01% |
367,717
-45,443
| -11% | -$2.16M |
|
766
Yum! Brands
YUM
$41B
| $15.5M | 0.01% |
123,965
-66,089
| -35% | -$8.69M |
|
767
Reliance Steel & Aluminium
RS
$20.8B
| $15.5M | 0.01% |
59,009
+29,365
| +99% | +$8.14M |
|
768
Eldorado Gold
EGO
$8.31B
| $15.4M | 0.01% |
1,731,420
-40,528
| -2% | -$395K |
|
769
CS Disco
LAW
$226M
| $15.4M | 0.01% |
2,324,693
-3,259
| -0.1% | -$28.4K |
|
770
Keros Therapeutics
KROS
$199M
| $15.1M | 0.01% |
472,751
| – | – |
|
|
PLG
771
Platinum Group Metals
PLG
$164M
| $14.9M | 0.01% |
13,154,519
+10,000
| +0.1% | +$12.9K |
|
772
Travelers Companies
TRV
$80.8B
| $14.8M | 0.01% |
90,664
-3,440
| -4% | -$574K |
|
773
AllianceBernstein
AB
$3.47B
| $14.7M | 0.01% |
484,822
| – | – |
|
774
AngloGold Ashanti
AU
$40.3B
| $14.6M | 0.01% |
921,643
+267,979
| +41% | +$5.06M |
|
775
Franklin FTSE Latin America
FLLA
$109M
| $14.6M | 0.01% |
675,000
-100,000
| -13% | -$2.27M |
|
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.