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 | |
|---|---|---|---|---|---|---|
851
Moog Inc Class A
MOG.A
$13B
| $10.7M | 0.01% |
94,758
-22,931
| -19% | -$2.57M |
|
852
MGIC Investment
MTG
$6.27B
| $10.6M | 0.01% |
638,059
-7,148
| -1% | -$121K |
|
853
Franco-Nevada
FNV
$41.4B
| $10.6M | 0.01% |
79,434
-7,648
| -9% | -$1.08M |
|
854
CRISPR Therapeutics
CRSP
$4.58B
| $10.6M | 0.01% |
233,399
+201
| +0.1% | +$10.4K |
|
855
State Street Energy Select Sector SPDR ETF
XLE
$39.5B
| $10.6M | 0.01% |
234,394
-3,460
| -1% | -$151K |
|
856
Leonardo DRS
DRS
$12.8B
| $10.5M | 0.01% |
630,912
+212
| +0% | +$3.58K |
|
857
Dick's Sporting Goods
DKS
$18.4B
| $10.5M | 0.01% |
96,798
-22,526
| -19% | -$2.85M |
|
858
AvePoint
AVPT
$2.6B
| $10.5M | 0.01% |
1,561,781
-507,707
| -25% | -$3.2M |
|
859
EnerSys
ENS
$6.95B
| $10.5M | 0.01% |
+110,741
| New | +$11.4M |
|
860
Natera
NTRA
$37.5B
| $10.4M | 0.01% |
234,074
+69,113
| +42% | +$3.52M |
|
861
Ventas
VTR
$48.9B
| $10.3M | 0.01% |
243,944
+125,184
| +105% | +$5.64M |
|
862
Gaming and Leisure Properties
GLPI
$12.8B
| $10.1M | 0.01% |
220,877
-23,627
| -10% | -$1.13M |
|
863
Allstate
ALL
$66.9B
| $10.1M | 0.01% |
90,299
+915
| +1% | +$99.8K |
|
864
Imperial Oil
IMO
$62.1B
| $9.96M | 0.01% |
161,735
-11,868
| -7% | -$650K |
|
865
Primerica
PRI
$9.81B
| $9.92M | 0.01% |
51,147
+13,253
| +35% | +$2.71M |
|
|
VMW
866
DELISTED
VMware, Inc
VMW
| $9.91M | 0.01% |
59,508
+5,072
| +9% | +$812K |
|
867
Sutro Biopharma
STRO
$379M
| $9.84M | 0.01% |
283,436
-3,318
| -1% | -$145K |
|
868
Western Asset Bond ETF
WABF
$15.9M
| $9.82M | 0.01% |
+400,000
| New | +$9.87M |
|
869
Thomson Reuters
TRI
$39.4B
| $9.67M | ﹤0.01% |
77,826
+12,243
| +19% | +$1.61M |
|
870
Arteris
AIP
$1.4B
| $9.64M | ﹤0.01% |
1,480,400
+6,000
| +0.4% | +$41.2K |
|
871
Vale
VALE
$62.9B
| $9.61M | ﹤0.01% |
716,851
+10,279
| +1% | +$140K |
|
872
Fidelity National Financial
FNF
$13.9B
| $9.58M | ﹤0.01% |
232,066
-31,720
| -12% | -$1.27M |
|
873
Alcoa
AA
$11.7B
| $9.57M | ﹤0.01% |
329,373
-2,990,404
| -90% | -$93.8M |
|
874
Omega Healthcare
OHI
$15.4B
| $9.57M | ﹤0.01% |
288,487
+173,435
| +151% | +$5.54M |
|
875
MSC Industrial Direct
MSM
$7.02B
| $9.53M | ﹤0.01% |
97,065
+27,609
| +40% | +$2.72M |
|
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.