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 | |
|---|---|---|---|---|---|---|
1176
American Financial Group
AFG
$12B
| $3.14M | ﹤0.01% |
28,131
+1,771
| +7% | +$204K |
|
1177
Rithm Capital
RITM
$5.2B
| $3.14M | ﹤0.01% |
337,634
+117,975
| +54% | +$1.16M |
|
1178
Commercial Vehicle Group
CVGI
$158M
| $3.12M | ﹤0.01% |
401,700
| – | – |
|
1179
Petrobras Class A
PBR.A
$104B
| $3.11M | ﹤0.01% |
226,795
+16,404
| +8% | +$212K |
|
1180
Signet Jewelers
SIG
$3.67B
| $3.08M | ﹤0.01% |
42,856
-9,894
| -19% | -$734K |
|
1181
Krystal Biotech
KRYS
$10B
| $3.07M | ﹤0.01% |
26,478
+11,238
| +74% | +$1.37M |
|
1182
Resources Connection
RGP
$133M
| $3.06M | ﹤0.01% |
205,083
+574
| +0.3% | +$9.02K |
|
|
PDS
1183
Precision Drilling
PDS
$1.07B
| $3.04M | ﹤0.01% |
45,274
-1,081
| -2% | -$68.7K |
|
1184
Kinsale Capital Group
KNSL
$8.09B
| $3.04M | ﹤0.01% |
7,332
+1,446
| +25% | +$561K |
|
1185
Vanguard Russell 2000 Value ETF
VTWV
$1.3B
| $3.03M | ﹤0.01% |
25,343
-645
| -2% | -$81.3K |
|
|
AMNB
1186
DELISTED
American National Bankshares Inc
AMNB
| $3.02M | ﹤0.01% |
79,729
| – | – |
|
1187
Independence Realty Trust
IRT
$3.91B
| $3.01M | ﹤0.01% |
214,019
+23,754
| +12% | +$392K |
|
1188
Saic
SAIC
$5.03B
| $3M | ﹤0.01% |
28,391
-26,350
| -48% | -$3.03M |
|
1189
iShares MSCI India ETF
INDA
$6.74B
| $2.99M | ﹤0.01% |
67,644
| – | – |
|
|
HAYN
1190
DELISTED
Haynes International, Inc.
HAYN
| $2.99M | ﹤0.01% |
64,237
+7
| +0% | +$342 |
|
|
SGI
1191
Somnigroup International
SGI
$15.5B
| $2.99M | ﹤0.01% |
68,943
-44,736
| -39% | -$1.98M |
|
1192
Genesco
GCO
$412M
| $2.98M | ﹤0.01% |
96,537
+29,981
| +45% | +$851K |
|
1193
Ducommun
DCO
$2.7B
| $2.96M | ﹤0.01% |
68,025
| – | – |
|
|
PFC
1194
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.96M | ﹤0.01% |
173,246
+18,250
| +12% | +$343K |
|
1195
Qualys
QLYS
$4.82B
| $2.95M | ﹤0.01% |
19,364
-2,433
| -11% | -$350K |
|
1196
Peapack-Gladstone Financial
PGC
$826M
| $2.95M | ﹤0.01% |
114,985
-8,414
| -7% | -$233K |
|
1197
Timken Company
TKR
$9.8B
| $2.94M | ﹤0.01% |
39,939
-67,074
| -63% | -$5.44M |
|
1198
Celestica
CLS
$34.2B
| $2.93M | ﹤0.01% |
119,574
-98,611
| -45% | -$2.02M |
|
|
1199
Petrobras
PBR
$117B
| $2.92M | ﹤0.01% |
195,081
+21,161
| +12% | +$301K |
|
1200
Pool Corp
POOL
$6.69B
| $2.92M | ﹤0.01% |
8,203
-1,692
| -17% | -$616K |
|
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.