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 | |
|---|---|---|---|---|---|---|
|
MCSE
901
DELISTED
Franklin Sustainable International Equity ETF
MCSE
| $8.11M | ﹤0.01% |
653,180
-230,175
| -26% | -$3.15M |
|
902
Medpace
MEDP
$16.8B
| $8.09M | ﹤0.01% |
33,416
+11,915
| +55% | +$3.05M |
|
903
Markel Group
MKL
$25B
| $8.04M | ﹤0.01% |
5,463
+8
| +0.1% | +$11.7K |
|
904
CME Group
CME
$92.2B
| $8.01M | ﹤0.01% |
39,987
+2
| +0% | +$398 |
|
|
MPT
905
Medical Properties Trust
MPT
$2.89B
| $7.94M | ﹤0.01% |
1,457,192
-1,592,866
| -52% | -$12.8M |
|
906
J.M. Smucker
SJM
$12.6B
| $7.94M | ﹤0.01% |
64,597
-1,915
| -3% | -$272K |
|
907
Saia
SAIA
$11.3B
| $7.9M | ﹤0.01% |
19,828
-37,559
| -65% | -$15.2M |
|
908
State Street SPDR S&P Biotech ETF
XBI
$10.1B
| $7.81M | ﹤0.01% |
106,998
-7,412
| -6% | -$592K |
|
909
Regions Financial
RF
$26.3B
| $7.77M | ﹤0.01% |
451,506
+22,055
| +5% | +$418K |
|
|
CHX
910
DELISTED
ChampionX
CHX
| $7.74M | ﹤0.01% |
217,374
-51,516
| -19% | -$1.83M |
|
911
Patrick Industries
PATK
$2.8B
| $7.71M | ﹤0.01% |
154,005
-33,896
| -18% | -$1.83M |
|
912
Pulmonx
LUNG
$49.4M
| $7.68M | ﹤0.01% |
743,873
+286
| +0% | +$3.31K |
|
913
Exelixis
EXEL
$13.9B
| $7.68M | ﹤0.01% |
351,555
+224,005
| +176% | +$4.69M |
|
914
Cousins Properties
CUZ
$5.29B
| $7.62M | ﹤0.01% |
374,263
+13,679
| +4% | +$313K |
|
915
Disc Medicine
IRON
$2.83B
| $7.56M | ﹤0.01% |
161,021
+3,766
| +2% | +$188K |
|
916
AutoNation
AN
$6.97B
| $7.55M | ﹤0.01% |
49,891
-17,119
| -26% | -$2.73M |
|
917
Ivanhoe Electric
IE
$1.43B
| $7.54M | ﹤0.01% |
633,431
+213,000
| +51% | +$3.2M |
|
918
Viatris
VTRS
$20.1B
| $7.52M | ﹤0.01% |
762,276
+358,724
| +89% | +$3.74M |
|
919
Albertsons Companies
ACI
$5.4B
| $7.5M | ﹤0.01% |
329,641
+50,266
| +18% | +$1.12M |
|
920
Waters Corp
WAT
$36.8B
| $7.46M | ﹤0.01% |
27,193
-47,345
| -64% | -$13.1M |
|
921
Brookfield Infrastructure Partners
BIP
$18.8B
| $7.38M | ﹤0.01% |
251,392
-136,504
| -35% | -$4.52M |
|
922
iShares MSCI USA Min Vol Factor ETF
USMV
$23.2B
| $7.34M | ﹤0.01% |
101,389
-5,061
| -5% | -$377K |
|
923
National Fuel Gas
NFG
$7.84B
| $7.34M | ﹤0.01% |
141,365
+22,347
| +19% | +$1.18M |
|
924
Restaurant Brands International
QSR
$25.1B
| $7.32M | ﹤0.01% |
109,967
-7,344
| -6% | -$527K |
|
925
Tenaris
TS
$29.1B
| $7.29M | ﹤0.01% |
230,606
-112,580
| -33% | -$3.64M |
|
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.