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 | |
|---|---|---|---|---|---|---|
|
EXE
951
Expand Energy Corp
EXE
$21.9B
| $6.74M | ﹤0.01% |
78,194
+20,180
| +35% | +$1.71M |
|
952
Vanguard ESG US Stock ETF
ESGV
$12.9B
| $6.74M | ﹤0.01% |
89,574
-2,225
| -2% | -$175K |
|
953
Agree Realty
ADC
$9.68B
| $6.7M | ﹤0.01% |
121,376
-20,627
| -15% | -$1.29M |
|
954
Keysight
KEYS
$54.5B
| $6.7M | ﹤0.01% |
50,628
-6,389
| -11% | -$946K |
|
955
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $6.68M | ﹤0.01% |
81,480
-2,962
| -4% | -$254K |
|
956
Masco
MAS
$16B
| $6.68M | ﹤0.01% |
124,887
+17,310
| +16% | +$998K |
|
957
Valley National Bancorp
VLY
$7.93B
| $6.66M | ﹤0.01% |
777,814
-48,381
| -6% | -$439K |
|
958
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.11B
| $6.64M | ﹤0.01% |
131,652
+2,145
| +2% | +$108K |
|
959
Vanguard Total Stock Market ETF
VTI
$654B
| $6.63M | ﹤0.01% |
31,209
+2,805
| +10% | +$621K |
|
960
Helmerich & Payne
HP
$3.53B
| $6.59M | ﹤0.01% |
156,270
-55,512
| -26% | -$2.32M |
|
961
NNN REIT
NNN
$9.39B
| $6.55M | ﹤0.01% |
185,277
+14,914
| +9% | +$598K |
|
|
WRN
962
Western Copper and Gold
WRN
$485M
| $6.55M | ﹤0.01% |
4,780,000
| – | – |
|
963
Oneok
OKE
$58.7B
| $6.51M | ﹤0.01% |
102,684
+25,452
| +33% | +$1.66M |
|
|
UNIT
964
Uniti Group
UNIT
$2.63B
| $6.44M | ﹤0.01% |
1,363,677
-2,413,844
| -64% | -$12.4M |
|
965
SAP
SAP
$187B
| $6.42M | ﹤0.01% |
49,606
-364
| -0.7% | -$49.5K |
|
966
Polaris
PII
$4.15B
| $6.41M | ﹤0.01% |
61,578
+33,681
| +121% | +$4M |
|
967
Acuity Brands
AYI
$9.88B
| $6.41M | ﹤0.01% |
37,643
+1,557
| +4% | +$254K |
|
968
Bunge Global
BG
$23.6B
| $6.31M | ﹤0.01% |
58,253
+1,262
| +2% | +$138K |
|
969
SEI Investments
SEIC
$11.9B
| $6.26M | ﹤0.01% |
103,955
-13,389
| -11% | -$823K |
|
970
Alector
ALEC
$164M
| $6.22M | ﹤0.01% |
959,162
-652,262
| -40% | -$4.22M |
|
971
Atmos Energy
ATO
$29.9B
| $6.21M | ﹤0.01% |
58,629
-28,668
| -33% | -$3.35M |
|
972
Ally Financial
ALLY
$13.1B
| $6.2M | ﹤0.01% |
232,277
-41,352
| -15% | -$1.15M |
|
973
Clean Harbors
CLH
$16.1B
| $6.16M | ﹤0.01% |
36,834
-14,626
| -28% | -$2.47M |
|
974
Americold
COLD
$4.09B
| $6.12M | ﹤0.01% |
201,388
-12,538
| -6% | -$405K |
|
|
SWN
975
DELISTED
Southwestern Energy Company
SWN
| $6.12M | ﹤0.01% |
949,329
+542,619
| +133% | +$3.46M |
|
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.