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 | |
|---|---|---|---|---|---|---|
1151
ING
ING
$93.8B
| $3.41M | ﹤0.01% |
258,522
-3,085
| -1% | -$43.4K |
|
1152
Kinross Gold
KGC
$28.5B
| $3.38M | ﹤0.01% |
741,026
+652,953
| +741% | +$3.2M |
|
1153
Texas Pacific Land
TPL
$28.9B
| $3.36M | ﹤0.01% |
16,560
+1,548
| +10% | +$292K |
|
1154
Ero Copper
ERO
$2.71B
| $3.34M | ﹤0.01% |
193,900
-74,388
| -28% | -$1.52M |
|
1155
Invesco
IVZ
$13.3B
| $3.33M | ﹤0.01% |
229,113
-95,825
| -29% | -$1.54M |
|
|
CIVI
1156
DELISTED
Civitas Resources
CIVI
| $3.33M | ﹤0.01% |
41,119
-54,670
| -57% | -$4.23M |
|
|
WDI
1157
Western Asset Diversified Income Fund
WDI
$681M
| $3.32M | ﹤0.01% |
250,905
-250,000
| -50% | -$3.41M |
|
1158
AptarGroup
ATR
$8.45B
| $3.32M | ﹤0.01% |
26,538
-450
| -2% | -$55.2K |
|
1159
Tiptree Inc
TIPT
$668M
| $3.31M | ﹤0.01% |
197,690
| – | – |
|
1160
Harrow
HROW
$1.43B
| $3.3M | ﹤0.01% |
229,969
+12,573
| +6% | +$220K |
|
|
KE
1161
Kimball Electronics
KE
$598M
| $3.3M | ﹤0.01% |
120,571
+12
| +0% | +$343 |
|
1162
Assured Guaranty
AGO
$3.78B
| $3.25M | ﹤0.01% |
53,741
-12,927
| -19% | -$768K |
|
1163
Moderna
MRNA
$21.5B
| $3.25M | ﹤0.01% |
31,447
-327,707
| -91% | -$36.6M |
|
1164
Encompass Health
EHC
$11.2B
| $3.24M | ﹤0.01% |
48,277
-19,686
| -29% | -$1.35M |
|
1165
Sabra Healthcare REIT
SBRA
$5.64B
| $3.24M | ﹤0.01% |
+232,576
| New | +$2.98M |
|
1166
Grand Canyon Education
LOPE
$3.71B
| $3.21M | ﹤0.01% |
27,495
-2,067
| -7% | -$229K |
|
1167
Select Water Solutions
WTTR
$2.51B
| $3.21M | ﹤0.01% |
403,741
-10,700
| -3% | -$88K |
|
1168
Primis Financial Corp
FRST
$382M
| $3.21M | ﹤0.01% |
393,512
| – | – |
|
|
HSII
1169
DELISTED
Heidrick & Struggles
HSII
| $3.2M | ﹤0.01% |
128,014
-16,877
| -12% | -$451K |
|
1170
Qorvo
QRVO
$7.63B
| $3.19M | ﹤0.01% |
33,437
+2,618
| +8% | +$267K |
|
1171
Lloyds Banking Group
LYG
$87.4B
| $3.19M | ﹤0.01% |
1,498,365
-157,569
| -10% | -$342K |
|
1172
Enterprise Products Partners
EPD
$83.8B
| $3.17M | ﹤0.01% |
115,768
+466
| +0.4% | +$12.5K |
|
1173
Fluence Energy
FLNC
$1.78B
| $3.17M | ﹤0.01% |
137,788
-19,481
| -12% | -$502K |
|
1174
Jasper Therapeutics
JSPR
$22.9M
| $3.15M | ﹤0.01% |
450,022
| – | – |
|
1175
Mercer International
MERC
$44.9M
| $3.14M | ﹤0.01% |
366,472
+38
| +0% | +$328 |
|
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.