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 | |
|---|---|---|---|---|---|---|
826
Essex Property Trust
ESS
$18.9B
| $11.9M | 0.01% |
56,180
-13,461
| -19% | -$3.16M |
|
827
Acumen Pharmaceuticals
ABOS
$154M
| $11.8M | 0.01% |
+2,838,765
| New | +$17.5M |
|
828
UBS Group
UBS
$170B
| $11.7M | 0.01% |
474,405
-110,249
| -19% | -$2.58M |
|
829
iShares National Muni Bond ETF
MUB
$45.1B
| $11.6M | 0.01% |
113,237
-304,475
| -73% | -$32.1M |
|
|
SRC
830
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $11.5M | 0.01% |
342,792
-48,000
| -12% | -$1.85M |
|
831
Meritage Homes
MTH
$4.87B
| $11.4M | 0.01% |
186,930
-2,486
| -1% | -$171K |
|
832
Dow Inc
DOW
$21.6B
| $11.4M | 0.01% |
221,515
+4,044
| +2% | +$217K |
|
|
OKUR
833
OnKure Therapeutics
OKUR
$166M
| $11.4M | 0.01% |
149,336
+14,821
| +11% | +$1.01M |
|
834
Ryder
R
$10.3B
| $11.4M | 0.01% |
106,294
-5,493
| -5% | -$535K |
|
835
Hims & Hers Health
HIMS
$6.5B
| $11.4M | 0.01% |
1,805,211
+594
| +0% | +$4.42K |
|
836
Alexandria Real Estate Equities
ARE
$8.88B
| $11.3M | 0.01% |
113,149
-97,455
| -46% | -$11.3M |
|
837
Amylyx Pharmaceuticals
AMLX
$2.05B
| $11.3M | 0.01% |
617,867
+589,381
| +2,069% | +$12.5M |
|
838
Genuine Parts
GPC
$17.1B
| $11.3M | 0.01% |
78,315
-34,585
| -31% | -$5.37M |
|
839
Domino's
DPZ
$11B
| $11.2M | 0.01% |
29,696
+27,840
| +1,500% | +$10.7M |
|
840
Clorox
CLX
$11.6B
| $11.2M | 0.01% |
85,606
+3,383
| +4% | +$514K |
|
841
Centene
CNC
$31.3B
| $11.2M | 0.01% |
162,682
-48,441
| -23% | -$3.22M |
|
842
Kura Oncology
KURA
$922M
| $11.2M | 0.01% |
1,222,955
-1,542
| -0.1% | -$15.7K |
|
843
W.P. Carey
WPC
$17.1B
| $11.1M | 0.01% |
209,826
+5,508
| +3% | +$353K |
|
844
Group 1 Automotive
GPI
$3.94B
| $11.1M | 0.01% |
41,178
+219
| +0.5% | +$57.4K |
|
845
AXIS Capital
AXS
$8.59B
| $11M | 0.01% |
194,400
-7,153
| -4% | -$395K |
|
846
EQT Corp
EQT
$33.2B
| $10.9M | 0.01% |
268,669
+42,050
| +19% | +$1.74M |
|
847
Amdocs
DOX
$5.53B
| $10.8M | 0.01% |
128,249
-51,400
| -29% | -$4.64M |
|
848
Ashland
ASH
$3.04B
| $10.8M | 0.01% |
132,420
-38,703
| -23% | -$3.35M |
|
|
TERN
849
DELISTED
Terns Pharmaceuticals
TERN
| $10.8M | 0.01% |
2,148,821
+664,167
| +45% | +$4.21M |
|
850
Dropbox
DBX
$6.81B
| $10.7M | 0.01% |
394,297
+55,061
| +16% | +$1.5M |
|
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.