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 | |
|---|---|---|---|---|---|---|
1201
Pentair
PNR
$10.3B
| $2.92M | ﹤0.01% |
45,051
-3,788
| -8% | -$255K |
|
1202
Dentsply Sirona
XRAY
$2.63B
| $2.91M | ﹤0.01% |
85,167
-26,727
| -24% | -$1.02M |
|
1203
Howard Hughes
HHH
$3.96B
| $2.9M | ﹤0.01% |
41,071
-28,975
| -41% | -$2.19M |
|
1204
Popular Inc
BPOP
$11.1B
| $2.89M | ﹤0.01% |
45,896
| – | – |
|
1205
Alpha Metallurgical Resources
AMR
$1.82B
| $2.89M | ﹤0.01% |
11,124
+4,362
| +65% | +$852K |
|
1206
Cushman & Wakefield Ltd
CWK
$3.1B
| $2.88M | ﹤0.01% |
378,372
-424,503
| -53% | -$3.84M |
|
1207
XPO
XPO
$24.4B
| $2.87M | ﹤0.01% |
38,501
+34,586
| +883% | +$2.39M |
|
1208
CTS Corp
CTS
$1.71B
| $2.87M | ﹤0.01% |
68,685
| – | – |
|
1209
Principal Financial Group
PFG
$24B
| $2.85M | ﹤0.01% |
39,518
+6,465
| +20% | +$502K |
|
1210
UFP Technologies
UFPT
$1.92B
| $2.85M | ﹤0.01% |
17,629
-2,995
| -15% | -$525K |
|
|
NETI
1211
DELISTED
Eneti Inc.
NETI
| $2.83M | ﹤0.01% |
280,914
| – | – |
|
1212
Takeda Pharmaceutical
TAK
$56B
| $2.83M | ﹤0.01% |
183,025
+45,244
| +33% | +$700K |
|
1213
White Mountains Insurance
WTM
$5.51B
| $2.82M | ﹤0.01% |
1,886
-2,257
| -54% | -$3.47M |
|
|
PR
1214
Permian Resources
PR
$17.4B
| $2.82M | ﹤0.01% |
201,830
+135,994
| +207% | +$1.71M |
|
1215
Halozyme
HALO
$9.88B
| $2.82M | ﹤0.01% |
73,736
-3,361
| -4% | -$138K |
|
1216
Energy Transfer Partners
ET
$68.9B
| $2.81M | ﹤0.01% |
200,263
+2,178
| +1% | +$28.9K |
|
1217
Bruker
BRKR
$9.2B
| $2.8M | ﹤0.01% |
44,957
-26,069
| -37% | -$1.75M |
|
1218
LKQ Corp
LKQ
$6.69B
| $2.8M | ﹤0.01% |
56,525
+9,603
| +20% | +$514K |
|
1219
Warner Bros
WBD
$64.3B
| $2.78M | ﹤0.01% |
256,112
-10,707
| -4% | -$134K |
|
1220
Avista
AVA
$3.48B
| $2.78M | ﹤0.01% |
85,780
-11,775
| -12% | -$421K |
|
1221
Rambus
RMBS
$10.2B
| $2.78M | ﹤0.01% |
49,754
+1,099
| +2% | +$62.4K |
|
1222
Tenet Healthcare
THC
$21.1B
| $2.77M | ﹤0.01% |
42,013
+2,370
| +6% | +$177K |
|
1223
InMode
INMD
$884M
| $2.75M | ﹤0.01% |
90,328
-38,778
| -30% | -$1.52M |
|
1224
Brown & Brown
BRO
$23.4B
| $2.75M | ﹤0.01% |
39,336
-21,907
| -36% | -$1.56M |
|
1225
SPDR Gold MiniShares Trust
GLDM
$27.7B
| $2.73M | ﹤0.01% |
74,348
+26,500
| +55% | +$1.01M |
|
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.