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 | |
|---|---|---|---|---|---|---|
1101
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $3.92M | ﹤0.01% |
44,167
-9,515
| -18% | -$915K |
|
1102
Cboe Global Markets
CBOE
$29.8B
| $3.91M | ﹤0.01% |
25,016
+200
| +0.8% | +$29.4K |
|
1103
Vaalco Energy
EGY
$594M
| $3.89M | ﹤0.01% |
885,384
-86,170
| -9% | -$375K |
|
1104
Hackett Group
HCKT
$245M
| $3.88M | ﹤0.01% |
164,515
+398
| +0.2% | +$9.27K |
|
1105
iShares Russell 2000 Growth ETF
IWO
$14.5B
| $3.88M | ﹤0.01% |
17,303
-226
| -1% | -$54.1K |
|
1106
Cirrus Logic
CRUS
$6.74B
| $3.86M | ﹤0.01% |
52,228
-32,988
| -39% | -$2.58M |
|
1107
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.19B
| $3.85M | ﹤0.01% |
95,150
+6,402
| +7% | +$263K |
|
1108
iShares Core S&P Total US Stock Market ETF
ITOT
$93.2B
| $3.82M | ﹤0.01% |
40,542
+2,978
| +8% | +$293K |
|
1109
Ovintiv
OVV
$17.5B
| $3.82M | ﹤0.01% |
80,267
-43,527
| -35% | -$1.97M |
|
|
ODV
1110
DELISTED
Osisko Development Corp
ODV
| $3.82M | ﹤0.01% |
1,318,748
-30,000
| -2% | -$112K |
|
1111
Curtiss-Wright
CW
$27.7B
| $3.8M | ﹤0.01% |
19,441
+1,744
| +10% | +$346K |
|
1112
Sony
SONY
$123B
| $3.8M | ﹤0.01% |
230,575
-50,015
| -18% | -$873K |
|
1113
iShares MSCI Intl Quality Factor ETF
IQLT
$13.6B
| $3.8M | ﹤0.01% |
113,038
+6,440
| +6% | +$226K |
|
1114
Corpay
CPAY
$24.2B
| $3.74M | ﹤0.01% |
14,645
+1,339
| +10% | +$350K |
|
1115
Darling Ingredients
DAR
$9.93B
| $3.74M | ﹤0.01% |
71,582
-1,799
| -2% | -$112K |
|
1116
Utah Medical Products
UTMD
$214M
| $3.73M | ﹤0.01% |
43,326
| – | – |
|
1117
CVB Financial
CVBF
$3.98B
| $3.73M | ﹤0.01% |
224,811
+50,887
| +29% | +$863K |
|
1118
Vital Farms
VITL
$558M
| $3.72M | ﹤0.01% |
321,633
-14
| -0% | -$161 |
|
1119
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.6B
| $3.71M | ﹤0.01% |
64,995
-2,167
| -3% | -$126K |
|
|
CTO
1120
CTO Realty Growth
CTO
$743M
| $3.71M | ﹤0.01% |
228,973
+4,916
| +2% | +$84.4K |
|
1121
Applovin
APP
$132B
| $3.69M | ﹤0.01% |
92,249
+37,770
| +69% | +$1.34M |
|
1122
UGI
UGI
$8B
| $3.68M | ﹤0.01% |
159,813
-28,951
| -15% | -$718K |
|
1123
Hooker Furnishings Corp
HOFT
$148M
| $3.67M | ﹤0.01% |
188,614
+65
| +0% | +$1.33K |
|
1124
Lennox International
LII
$18.8B
| $3.66M | ﹤0.01% |
9,763
-201
| -2% | -$72.5K |
|
1125
Jacobs Solutions
J
$15.9B
| $3.63M | ﹤0.01% |
32,154
+1,252
| +4% | +$135K |
|
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.