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 | |
|---|---|---|---|---|---|---|
801
HP
HPQ
$23.5B
| $13.2M | 0.01% |
512,509
-26,585
| -5% | -$816K |
|
|
GRMN
802
Garmin
GRMN
$46.9B
| $13M | 0.01% |
123,741
-12,211
| -9% | -$1.28M |
|
803
Archer Daniels Midland
ADM
$41.4B
| $13M | 0.01% |
171,985
+79,423
| +86% | +$6.43M |
|
804
First Commonwealth Financial
FCF
$2.12B
| $12.9M | 0.01% |
1,057,835
+461,277
| +77% | +$6.08M |
|
|
SRCL
805
DELISTED
Stericycle Inc
SRCL
| $12.8M | 0.01% |
286,933
+1,231
| +0.4% | +$55K |
|
|
AYX
806
DELISTED
Alteryx Inc
AYX
| $12.8M | 0.01% |
339,437
+10,584
| +3% | +$379K |
|
|
ETNB
807
DELISTED
89bio
ETNB
| $12.8M | 0.01% |
827,383
+84,951
| +11% | +$1.43M |
|
808
Levi Strauss
LEVI
$9.44B
| $12.8M | 0.01% |
938,958
| – | – |
|
809
Molina Healthcare
MOH
$10.3B
| $12.7M | 0.01% |
38,693
-280
| -0.7% | -$88.1K |
|
|
JHG
810
DELISTED
Janus Henderson
JHG
| $12.7M | 0.01% |
490,176
+5,609
| +1% | +$153K |
|
811
Structure Therapeutics
GPCR
$3.49B
| $12.6M | 0.01% |
250,820
+11
| +0% | +$354 |
|
812
PUT
Carvana
CVNA
$43.3B
| $12.6M | 0.01% |
1,500,000
| – | – |
|
|
JBTM
813
JBT Marel
JBTM
$7.14B
| $12.6M | 0.01% |
119,471
+337
| +0.3% | +$37.7K |
|
|
SCHR
814
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.2B
| $12.5M | 0.01% |
520,168
-61,128
| -11% | -$1.49M |
|
815
Carrier Global
CARR
$57.2B
| $12.3M | 0.01% |
222,608
+1,855
| +0.8% | +$102K |
|
816
Toll Brothers
TOL
$14B
| $12.2M | 0.01% |
164,402
+104,248
| +173% | +$8.23M |
|
817
Ulta Beauty
ULTA
$20.4B
| $12.1M | 0.01% |
30,411
-171,961
| -85% | -$75.2M |
|
818
Texas Capital Bancshares
TCBI
$4.31B
| $12.1M | 0.01% |
206,217
-15
| -0% | -$908 |
|
819
MoonLake Immunotherapeutics
MLTX
$1.59B
| $12.1M | 0.01% |
212,773
+12,773
| +6% | +$705K |
|
820
Teck Resources
TECK
$29.5B
| $12.1M | 0.01% |
281,010
-99,188
| -26% | -$4.11M |
|
821
Unilever
UL
$131B
| $12.1M | 0.01% |
217,442
-879
| -0.4% | -$50.8K |
|
822
Molson Coors Class B
TAP
$7.68B
| $12.1M | 0.01% |
189,634
-25,595
| -12% | -$1.67M |
|
|
MRO
823
DELISTED
Marathon Oil Corporation
MRO
| $12M | 0.01% |
449,197
+124,825
| +38% | +$3.23M |
|
824
Repay Holdings
RPAY
$315M
| $12M | 0.01% |
1,578,394
-171
| -0% | -$1.43K |
|
825
Old Republic International
ORI
$10.3B
| $12M | 0.01% |
443,603
+233,245
| +111% | +$6.29M |
|
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.