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 | |
|---|---|---|---|---|---|---|
976
Factset
FDS
$9.05B
| $6.12M | ﹤0.01% |
13,988
-105,749
| -88% | -$45M |
|
977
Align Technology
ALGN
$12B
| $6.11M | ﹤0.01% |
20,028
-6,322
| -24% | -$2.18M |
|
978
Affiliated Managers Group
AMG
$9.46B
| $6.11M | ﹤0.01% |
46,898
-8,756
| -16% | -$1.22M |
|
|
DFS
979
DELISTED
Discover Financial Services
DFS
| $6.11M | ﹤0.01% |
70,545
+5,613
| +9% | +$557K |
|
980
Teradata
TDC
$2.68B
| $6.1M | ﹤0.01% |
135,517
-9,272
| -6% | -$454K |
|
981
Corcept Therapeutics
CORT
$10.2B
| $6.08M | ﹤0.01% |
223,114
-20,704
| -8% | -$599K |
|
982
iShares MSCI USA Momentum Factor ETF
MTUM
$25.5B
| $6.05M | ﹤0.01% |
43,339
+23,554
| +119% | +$3.4M |
|
983
C.H. Robinson
CHRW
$22B
| $6.04M | ﹤0.01% |
70,069
+43,161
| +160% | +$4.03M |
|
984
Corning
GLW
$126B
| $5.99M | ﹤0.01% |
196,744
+6,829
| +4% | +$223K |
|
985
Helix Energy Solutions
HLX
$1.46B
| $5.99M | ﹤0.01% |
536,237
-69,450
| -11% | -$669K |
|
986
Lincoln Electric
LECO
$13.8B
| $5.96M | ﹤0.01% |
32,778
-1,571
| -5% | -$300K |
|
987
APA Corp
APA
$12.8B
| $5.95M | ﹤0.01% |
144,772
-76,411
| -35% | -$3.14M |
|
988
AnaptysBio
ANAB
$1.6B
| $5.93M | ﹤0.01% |
+330,090
| New | +$6.3M |
|
989
Sumitomo Mitsui Financial
SMFG
$166B
| $5.93M | ﹤0.01% |
601,676
-11,643
| -2% | -$108K |
|
990
Associated Banc-Corp
ASB
$5.81B
| $5.93M | ﹤0.01% |
346,335
-77,419
| -18% | -$1.36M |
|
991
Xenon Pharmaceuticals
XENE
$6.32B
| $5.9M | ﹤0.01% |
172,612
| – | – |
|
992
iShares Global Clean Energy ETF
ICLN
$2.38B
| $5.88M | ﹤0.01% |
402,098
-44,968
| -10% | -$755K |
|
993
Taylor Morrison
TMHC
| $5.87M | ﹤0.01% |
137,834
-1,258
| -0.9% | -$59.2K |
|
|
GAU
994
Galiano Gold
GAU
$486M
| $5.85M | ﹤0.01% |
9,807,262
-3,050,000
| -24% | -$1.9M |
|
995
Pacer Data & Infrastructure Real Estate ETF
SRVR
$379M
| $5.84M | ﹤0.01% |
225,381
-139,891
| -38% | -$4M |
|
996
Leidos
LDOS
$14.1B
| $5.81M | ﹤0.01% |
63,095
-130
| -0.2% | -$12.2K |
|
|
IAUX
997
i-80 Gold Corp
IAUX
$1.17B
| $5.78M | ﹤0.01% |
3,829,900
| – | – |
|
998
Bath & Body Works
BBWI
$4.01B
| $5.72M | ﹤0.01% |
169,378
+6,714
| +4% | +$244K |
|
999
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.8B
| $5.7M | ﹤0.01% |
114,433
+43,042
| +60% | +$2.15M |
|
1000
Portland General Electric
POR
$6.02B
| $5.7M | ﹤0.01% |
140,813
-41,337
| -23% | -$1.87M |
|
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.