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 | |
|---|---|---|---|---|---|---|
|
SUM
1001
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $5.68M | ﹤0.01% |
182,449
-1,747,941
| -91% | -$62.2M |
|
1002
Vanguard Total Bond Market
BND
$157B
| $5.68M | ﹤0.01% |
81,371
+8,100
| +11% | +$578K |
|
|
MZTI
1003
The Marzetti Company
MZTI
$2.94B
| $5.67M | ﹤0.01% |
34,376
+30,895
| +888% | +$5.56M |
|
1004
Rollins
ROL
$18.6B
| $5.66M | ﹤0.01% |
151,715
-82,578
| -35% | -$3.34M |
|
1005
iShares S&P 500 Growth ETF
IVW
$72.5B
| $5.66M | ﹤0.01% |
82,768
-2,660
| -3% | -$188K |
|
1006
Vornado Realty Trust
VNO
$7.47B
| $5.65M | ﹤0.01% |
249,141
-973,772
| -80% | -$21.5M |
|
1007
Campbell Soup
CPB
$6.51B
| $5.64M | ﹤0.01% |
137,262
-23,686
| -15% | -$1.04M |
|
1008
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $5.62M | ﹤0.01% |
12,315
-245
| -2% | -$117K |
|
1009
MarketAxess Holdings
MKTX
$4.15B
| $5.62M | ﹤0.01% |
26,314
-12,589
| -32% | -$3.05M |
|
1010
Foster
FSTR
$443M
| $5.62M | ﹤0.01% |
297,265
| – | – |
|
1011
Franklin FTSE Japan ETF
FLJP
$3.93B
| $5.61M | ﹤0.01% |
212,187
+209,984
| +9,532% | +$5.68M |
|
1012
Ranger Energy Services
RNGR
$373M
| $5.6M | ﹤0.01% |
395,000
-139,700
| -26% | -$1.63M |
|
1013
Lindblad Expeditions
LIND
$1.76B
| $5.55M | ﹤0.01% |
771,158
+247,763
| +47% | +$2.36M |
|
1014
BJs Wholesale Club
BJ
$11.9B
| $5.53M | ﹤0.01% |
77,463
-3,370
| -4% | -$227K |
|
1015
Brookfield Asset Management
BAM
$74B
| $5.48M | ﹤0.01% |
164,343
-70,753
| -30% | -$2.39M |
|
|
WBA
1016
DELISTED
Walgreens Boots Alliance
WBA
| $5.4M | ﹤0.01% |
242,903
-50,892
| -17% | -$1.35M |
|
1017
Yelp
YELP
$1.38B
| $5.39M | ﹤0.01% |
129,652
+2,001
| +2% | +$84.2K |
|
|
CNTA
1018
DELISTED
Centessa Pharmaceuticals
CNTA
| $5.39M | ﹤0.01% |
832,348
| – | – |
|
1019
Booz Allen Hamilton
BAH
$8.7B
| $5.37M | ﹤0.01% |
49,177
+25,547
| +108% | +$2.94M |
|
1020
Vanguard Total International Bond ETF
BNDX
$82B
| $5.37M | ﹤0.01% |
112,269
-121,293
| -52% | -$5.87M |
|
1021
iShares International Treasury Bond ETF
IGOV
$1.34B
| $5.35M | ﹤0.01% |
144,005
+134,050
| +1,347% | +$5.21M |
|
1022
Southern Copper
SCCO
$141B
| $5.34M | ﹤0.01% |
76,458
-7,243
| -9% | -$529K |
|
1023
Super Micro Computer
SMCI
$19.5B
| $5.33M | ﹤0.01% |
194,370
-12,940
| -6% | -$361K |
|
1024
CryoPort
CYRX
$775M
| $5.32M | ﹤0.01% |
387,699
+189,027
| +95% | +$2.78M |
|
1025
Oil States International
OIS
$522M
| $5.31M | ﹤0.01% |
634,732
-105,159
| -14% | -$852K |
|
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.