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 | |
|---|---|---|---|---|---|---|
1051
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.83B
| $4.75M | ﹤0.01% |
141,086
+80,025
| +131% | +$2.85M |
|
1052
Tower Semiconductor
TSEM
$26.4B
| $4.73M | ﹤0.01% |
192,737
-2,426,944
| -93% | -$77.8M |
|
1053
Vipshop
VIPS
$6.84B
| $4.73M | ﹤0.01% |
295,156
-33,104
| -10% | -$537K |
|
1054
H&R Block
HRB
$5.18B
| $4.68M | ﹤0.01% |
108,624
+72,469
| +200% | +$2.68M |
|
1055
DMC Global
BOOM
$121M
| $4.66M | ﹤0.01% |
190,465
+66
| +0% | +$1.44K |
|
1056
Quest Diagnostics
DGX
$25.1B
| $4.62M | ﹤0.01% |
37,876
-22,614
| -37% | -$3.01M |
|
1057
Vera Bradley
VRA
$105M
| $4.61M | ﹤0.01% |
698,125
| – | – |
|
1058
FNB Corp
FNB
$6.78B
| $4.59M | ﹤0.01% |
425,221
-134,997
| -24% | -$1.59M |
|
1059
BorgWarner
BWA
$13.2B
| $4.57M | ﹤0.01% |
113,297
-176,369
| -61% | -$7.47M |
|
1060
Preformed Line Products
PLPC
$1.52B
| $4.57M | ﹤0.01% |
28,100
-11,767
| -30% | -$1.96M |
|
1061
iShares S&P 500 Value ETF
IVE
$48.9B
| $4.55M | ﹤0.01% |
29,578
| – | – |
|
1062
Oric Pharmaceuticals
ORIC
$1.25B
| $4.54M | ﹤0.01% |
750,411
+732,487
| +4,087% | +$6M |
|
1063
TFI International
TFII
$12.4B
| $4.52M | ﹤0.01% |
35,214
-4,711
| -12% | -$598K |
|
1064
Dolby
DLB
$4.72B
| $4.5M | ﹤0.01% |
56,780
-78,338
| -58% | -$6.57M |
|
1065
XP
XP
$8.62B
| $4.49M | ﹤0.01% |
194,890
-213,128
| -52% | -$5.34M |
|
1066
Casey's General Stores
CASY
$31.9B
| $4.48M | ﹤0.01% |
16,517
+10,475
| +173% | +$2.65M |
|
1067
Northeast Bank
NBN
$1.11B
| $4.48M | ﹤0.01% |
101,675
| – | – |
|
1068
Broadstone Net Lease
BNL
$4.29B
| $4.47M | ﹤0.01% |
312,868
+5,624
| +2% | +$90K |
|
1069
Iron Mountain
IRM
$38.2B
| $4.46M | ﹤0.01% |
75,072
+21,749
| +41% | +$1.33M |
|
1070
Ford
F
$57.3B
| $4.45M | ﹤0.01% |
358,214
-3,216
| -0.9% | -$41.8K |
|
1071
Alkermes
ALKS
$8.82B
| $4.43M | ﹤0.01% |
158,270
-10,199
| -6% | -$299K |
|
|
NATI
1072
DELISTED
National Instruments Corp
NATI
| $4.42M | ﹤0.01% |
74,132
+40,034
| +117% | +$2.35M |
|
1073
RLI Corp
RLI
$5.68B
| $4.4M | ﹤0.01% |
64,750
+56,864
| +721% | +$3.84M |
|
1074
iShares S&P Small-Cap 600 Value ETF
IJS
$8.11B
| $4.39M | ﹤0.01% |
49,223
-113
| -0.2% | -$10.8K |
|
|
HOLX
1075
DELISTED
Hologic
HOLX
| $4.38M | ﹤0.01% |
63,163
-240,339
| -79% | -$18.2M |
|
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.