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 | |
|---|---|---|---|---|---|---|
1226
Atkore
ATKR
$2.54B
| $2.72M | ﹤0.01% |
18,232
-6,263
| -26% | -$945K |
|
1227
Alico
ALCO
$287M
| $2.72M | ﹤0.01% |
108,958
-35,765
| -25% | -$889K |
|
1228
Orrstown Financial Services
ORRF
$831M
| $2.72M | ﹤0.01% |
129,428
+10,392
| +9% | +$226K |
|
1229
Southern Missouri Bancorp
SMBC
$855M
| $2.72M | ﹤0.01% |
70,177
+99
| +0.1% | +$4.23K |
|
1230
Akamai
AKAM
$16.3B
| $2.7M | ﹤0.01% |
25,343
+11,114
| +78% | +$1.11M |
|
1231
Trimble
TRMB
$13B
| $2.69M | ﹤0.01% |
49,928
-7,814
| -14% | -$414K |
|
1232
iShares MSCI KLD 400 Social ETF
DSI
$5.14B
| $2.68M | ﹤0.01% |
32,891
| – | – |
|
1233
Lamar Advertising Co
LAMR
$16.4B
| $2.68M | ﹤0.01% |
32,079
-18,242
| -36% | -$1.67M |
|
1234
Coca-Cola Europacific Partners
CCEP
$47.9B
| $2.67M | ﹤0.01% |
42,693
+19,158
| +81% | +$1.22M |
|
1235
Radian Group
RDN
$5.21B
| $2.66M | ﹤0.01% |
106,074
-9,757
| -8% | -$258K |
|
|
DOC
1236
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $2.65M | ﹤0.01% |
217,605
-9,620
| -4% | -$133K |
|
1237
International Flavors & Fragrances
IFF
$19.6B
| $2.65M | ﹤0.01% |
38,851
-135
| -0.3% | -$9.87K |
|
1238
Gentex
GNTX
$4.82B
| $2.65M | ﹤0.01% |
81,388
+73,175
| +891% | +$2.35M |
|
1239
Franklin FTSE Asia ex Japan ETF
FLAX
$55M
| $2.64M | ﹤0.01% |
+130,000
| New | +$2.74M |
|
1240
Jefferies Financial Group
JEF
$12.8B
| $2.64M | ﹤0.01% |
72,009
-12,441
| -15% | -$446K |
|
1241
VF Corp
VFC
$6.69B
| $2.64M | ﹤0.01% |
149,247
-3,480
| -2% | -$66.2K |
|
1242
Terex
TEX
$7.79B
| $2.63M | ﹤0.01% |
45,668
-2,483
| -5% | -$148K |
|
1243
Henry Schein
HSIC
$9.71B
| $2.63M | ﹤0.01% |
35,409
-35,538
| -50% | -$2.74M |
|
1244
Equitable Holdings
EQH
$13.2B
| $2.63M | ﹤0.01% |
92,495
-2,976
| -3% | -$84K |
|
1245
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.4B
| $2.61M | ﹤0.01% |
25,622
-5,170
| -17% | -$545K |
|
|
BZUN
1246
Baozun
BZUN
$164M
| $2.61M | ﹤0.01% |
842,302
-351,210
| -29% | -$1.4M |
|
1247
EXL Service
EXLS
$4.42B
| $2.61M | ﹤0.01% |
92,940
-9,255
| -9% | -$271K |
|
1248
LSI Industries
LYTS
$846M
| $2.6M | ﹤0.01% |
163,463
+175
| +0.1% | +$2.44K |
|
1249
MP Materials
MP
$7.52B
| $2.59M | ﹤0.01% |
135,662
+116,488
| +608% | +$2.58M |
|
1250
Taysha Gene Therapies
TSHA
$1.64B
| $2.56M | ﹤0.01% |
810,840
| – | – |
|
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.