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 | |
|---|---|---|---|---|---|---|
1076
America's Car Mart
CRMT
$25.3M
| $4.38M | ﹤0.01% |
48,150
-897
| -2% | -$93.7K |
|
1077
Globe Life
GL
$13.5B
| $4.34M | ﹤0.01% |
39,888
+3,818
| +11% | +$426K |
|
1078
Magna International
MGA
$17.9B
| $4.32M | ﹤0.01% |
80,657
+5,199
| +7% | +$303K |
|
1079
iShares Russell 1000 Value ETF
IWD
$82B
| $4.31M | ﹤0.01% |
28,372
-1,959
| -6% | -$311K |
|
1080
Bank OZK
OZK
$5.49B
| $4.31M | ﹤0.01% |
116,146
+31,900
| +38% | +$1.29M |
|
1081
New Fortress Energy
NFE
$101M
| $4.3M | ﹤0.01% |
131,124
+10,184
| +8% | +$299K |
|
1082
Teradyne
TER
$54.8B
| $4.29M | ﹤0.01% |
42,711
+11,966
| +39% | +$1.26M |
|
1083
Mineralys Therapeutics
MLYS
$2.35B
| $4.28M | ﹤0.01% |
450,017
+17
| +0% | +$222 |
|
1084
Graham Corp
GHM
$1.22B
| $4.25M | ﹤0.01% |
256,146
| – | – |
|
1085
Howmet Aerospace
HWM
$116B
| $4.24M | ﹤0.01% |
91,611
+24,591
| +37% | +$1.2M |
|
|
ATRI
1086
DELISTED
Atrion Corp
ATRI
| $4.19M | ﹤0.01% |
10,131
-239
| -2% | -$120K |
|
1087
Vanguard Small-Cap Growth ETF
VBK
$23.2B
| $4.17M | ﹤0.01% |
19,466
+15,204
| +357% | +$3.46M |
|
1088
iShares Global Infrastructure ETF
IGF
$11B
| $4.16M | ﹤0.01% |
96,122
+10,455
| +12% | +$481K |
|
1089
Ferrari
RACE
$63.3B
| $4.16M | ﹤0.01% |
14,082
-2,802
| -17% | -$870K |
|
1090
Graco
GGG
$12.9B
| $4.15M | ﹤0.01% |
56,978
+4,249
| +8% | +$336K |
|
1091
Crinetics Pharmaceuticals
CRNX
$8.86B
| $4.13M | ﹤0.01% |
138,825
+34
| +0% | +$701 |
|
1092
Advanced Drainage Systems
WMS
$10.9B
| $4.1M | ﹤0.01% |
36,039
-19,581
| -35% | -$2.39M |
|
|
TE
1093
T1 Energy
TE
$1.4B
| $4.07M | ﹤0.01% |
832,300
+84,300
| +11% | +$606K |
|
1094
Honda
HMC
$36.5B
| $4.05M | ﹤0.01% |
120,513
-4,985
| -4% | -$160K |
|
1095
NRG Energy
NRG
$29.8B
| $4.05M | ﹤0.01% |
105,206
-90,771
| -46% | -$3.44M |
|
1096
Healthcare Realty
HR
$7.42B
| $4.03M | ﹤0.01% |
263,824
-267,991
| -50% | -$4.76M |
|
1097
Live Nation Entertainment
LYV
$41.2B
| $3.98M | ﹤0.01% |
47,881
-161
| -0.3% | -$14K |
|
1098
Hormel Foods
HRL
$13.9B
| $3.97M | ﹤0.01% |
104,361
+3,444
| +3% | +$136K |
|
|
ETV
1099
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
$1.71B
| $3.96M | ﹤0.01% |
330,845
+4,587
| +1% | +$58.7K |
|
1100
First Business Financial Services
FBIZ
$562M
| $3.92M | ﹤0.01% |
130,788
+90
| +0.1% | +$2.84K |
|
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.