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 | |
|---|---|---|---|---|---|---|
876
Bio-Rad Laboratories Class A
BIO
$8.42B
| $9.43M | ﹤0.01% |
26,316
+24,202
| +1,145% | +$9.34M |
|
877
Patterson-UTI
PTEN
$3.87B
| $9.38M | ﹤0.01% |
678,014
+313,902
| +86% | +$4.59M |
|
878
HEICO Corp Class A
HEI.A
$35.4B
| $9.38M | ﹤0.01% |
72,563
-12,872
| -15% | -$1.75M |
|
879
State Street SPDR S&P North American Natural Resources ETF
NANR
$755M
| $9.36M | ﹤0.01% |
176,866
| – | – |
|
880
Motorola Solutions
MSI
$69.4B
| $9.33M | ﹤0.01% |
34,257
+8,740
| +34% | +$2.49M |
|
881
Blue Owl Capital
OWL
$6.39B
| $9.32M | ﹤0.01% |
+718,758
| New | +$8.57M |
|
882
Extra Space Storage
EXR
$31.2B
| $9.28M | ﹤0.01% |
76,368
+11,351
| +17% | +$1.52M |
|
883
United Airlines
UAL
$38.4B
| $9.26M | ﹤0.01% |
218,969
+135,161
| +161% | +$6.83M |
|
884
Western Union
WU
$2.57B
| $9.25M | ﹤0.01% |
702,119
-86,227
| -11% | -$1.06M |
|
885
The Mosaic Company
MOS
$7.09B
| $9.2M | ﹤0.01% |
258,529
-138,888
| -35% | -$5.33M |
|
886
Williams-Sonoma
WSM
$26.7B
| $9.15M | ﹤0.01% |
117,764
+39,558
| +51% | +$2.72M |
|
887
Kimco Realty
KIM
$17.6B
| $9.06M | ﹤0.01% |
515,036
-27,971
| -5% | -$543K |
|
|
NOAH
888
Noah Holdings
NOAH
$588M
| $9.02M | ﹤0.01% |
723,051
+71,757
| +11% | +$982K |
|
889
Flowers Foods
FLO
$1.64B
| $9M | ﹤0.01% |
405,819
+178,353
| +78% | +$4.27M |
|
890
Cincinnati Financial
CINF
$28.3B
| $8.96M | ﹤0.01% |
87,639
+46,114
| +111% | +$4.82M |
|
891
Invesco QQQ Trust
QQQ
$455B
| $8.88M | ﹤0.01% |
24,791
-6,422
| -21% | -$2.38M |
|
892
Landstar System
LSTR
$6.8B
| $8.87M | ﹤0.01% |
50,114
-5,850
| -10% | -$1.12M |
|
893
Vanguard Real Estate ETF
VNQ
$39.9B
| $8.76M | ﹤0.01% |
115,819
+41,412
| +56% | +$3.41M |
|
894
Textron
TXT
$16.6B
| $8.61M | ﹤0.01% |
110,238
-27,427
| -20% | -$2.04M |
|
895
Qiagen
QGEN
$8.53B
| $8.49M | ﹤0.01% |
198,351
+73,104
| +58% | +$3.41M |
|
896
PayPal
PYPL
$49.5B
| $8.42M | ﹤0.01% |
144,107
-17,654
| -11% | -$1.15M |
|
897
Dollar General
DG
$25.9B
| $8.39M | ﹤0.01% |
79,257
-26,692
| -25% | -$3.98M |
|
898
Avanos Medical
AVNS
$1.17B
| $8.37M | ﹤0.01% |
414,012
-23,830
| -5% | -$540K |
|
|
SNV
899
DELISTED
Synovus
SNV
| $8.28M | ﹤0.01% |
297,815
+859
| +0.3% | +$26.9K |
|
|
SLRN
900
DELISTED
ACELYRIN
SLRN
| $8.19M | ﹤0.01% |
805,668
-73,600
| -8% | -$1.56M |
|
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.