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 | |
|---|---|---|---|---|---|---|
776
ARS Pharmaceuticals
SPRY
$590M
| $14.6M | 0.01% |
+3,868,509
| New | +$25.4M |
|
777
Otis Worldwide
OTIS
$27.4B
| $14.6M | 0.01% |
181,859
+935
| +0.5% | +$80K |
|
778
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $14.6M | 0.01% |
129,000
+28,437
| +28% | +$3.25M |
|
779
Baidu
BIDU
$35.8B
| $14.6M | 0.01% |
108,643
+4,912
| +5% | +$689K |
|
780
American Eagle Outfitters
AEO
$2.85B
| $14.5M | 0.01% |
874,543
-1,024,971
| -54% | -$15.2M |
|
781
Camden Property Trust
CPT
$11.3B
| $14.4M | 0.01% |
152,325
+4,721
| +3% | +$502K |
|
|
TRST
782
Trustco Bank Corp NY
TRST
$977M
| $14.4M | 0.01% |
526,738
+199
| +0% | +$5.74K |
|
|
ENV
783
DELISTED
ENVESTNET, INC.
ENV
| $14.3M | 0.01% |
325,685
-24
| -0% | -$1.32K |
|
|
BRDG
784
DELISTED
Bridge Investment Group
BRDG
| $14.3M | 0.01% |
1,556,685
+677
| +0% | +$7.48K |
|
785
Emcor
EME
$33.1B
| $14.2M | 0.01% |
67,264
+29,796
| +80% | +$6.23M |
|
786
Miller Industries
MLR
$586M
| $14.1M | 0.01% |
360,534
+135
| +0% | +$5.17K |
|
787
Performance Food Group
PFGC
$17.5B
| $13.9M | 0.01% |
236,058
-491,476
| -68% | -$29.7M |
|
788
International General Insurance
IGIC
$1.23B
| $13.9M | 0.01% |
1,228,570
-106,523
| -8% | -$1.07M |
|
789
Robert Half
RHI
$3.61B
| $13.8M | 0.01% |
187,919
+49,496
| +36% | +$3.76M |
|
790
Royal Caribbean
RCL
$78.7B
| $13.7M | 0.01% |
148,817
+94,125
| +172% | +$9.43M |
|
791
Jones Lang LaSalle
JLL
$15.1B
| $13.7M | 0.01% |
96,992
-17,545
| -15% | -$2.87M |
|
792
Rocket Pharmaceuticals
RCKT
$348M
| $13.7M | 0.01% |
667,055
-612
| -0.1% | -$11.1K |
|
793
Neogen
NEOG
$2.05B
| $13.7M | 0.01% |
736,392
+90,224
| +14% | +$1.97M |
|
794
Weatherford International
WFRD
$6.36B
| $13.6M | 0.01% |
150,846
-71,439
| -32% | -$6.04M |
|
795
ManpowerGroup
MAN
$2.39B
| $13.6M | 0.01% |
185,610
+22,878
| +14% | +$1.78M |
|
796
iShares Russell 1000 ETF
IWB
$47.7B
| $13.6M | 0.01% |
57,693
+845
| +1% | +$207K |
|
|
IPG
797
DELISTED
Interpublic Group of Companies
IPG
| $13.5M | 0.01% |
472,631
-18,132
| -4% | -$605K |
|
798
Century Communities
CCS
$2B
| $13.5M | 0.01% |
202,544
| – | – |
|
799
UDR
UDR
$12.9B
| $13.4M | 0.01% |
374,808
-76,621
| -17% | -$3.05M |
|
800
First Industrial Realty Trust
FR
$8.88B
| $13.3M | 0.01% |
278,563
-45,347
| -14% | -$2.34M |
|
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.