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 | |
|---|---|---|---|---|---|---|
1251
iShares Biotechnology ETF
IBB
$9.48B
| $2.56M | ﹤0.01% |
20,903
-79
| -0.4% | -$10K |
|
1252
Smith & Nephew
SNN
$13.1B
| $2.54M | ﹤0.01% |
102,664
-3,627
| -3% | -$102K |
|
|
CHUY
1253
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $2.54M | ﹤0.01% |
71,302
-24,449
| -26% | -$939K |
|
1254
Rivian
RIVN
$24B
| $2.53M | ﹤0.01% |
104,151
-119,687
| -53% | -$2.79M |
|
1255
FMC
FMC
$1.4B
| $2.52M | ﹤0.01% |
37,608
+2,395
| +7% | +$207K |
|
1256
Applied Industrial Technologies
AIT
$12.8B
| $2.51M | ﹤0.01% |
16,204
+18
| +0.1% | +$2.7K |
|
1257
Boise Cascade
BCC
$2.75B
| $2.5M | ﹤0.01% |
24,308
-1,062
| -4% | -$109K |
|
1258
OneMain Financial
OMF
$7.03B
| $2.49M | ﹤0.01% |
62,142
-33,148
| -35% | -$1.42M |
|
1259
Franklin FTSE China ETF
FLCH
$280M
| $2.49M | ﹤0.01% |
145,714
-30,000
| -17% | -$535K |
|
1260
Globant
GLOB
$1.44B
| $2.49M | ﹤0.01% |
12,561
-323
| -3% | -$60.5K |
|
1261
Insperity
NSP
$1.94B
| $2.48M | ﹤0.01% |
25,405
-1,634
| -6% | -$171K |
|
1262
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.63B
| $2.47M | ﹤0.01% |
27,394
| – | – |
|
1263
United Therapeutics
UTHR
$26.4B
| $2.47M | ﹤0.01% |
10,936
+3,582
| +49% | +$825K |
|
1264
United Bankshares
UBSI
$6.6B
| $2.45M | ﹤0.01% |
88,940
-67,434
| -43% | -$2.03M |
|
1265
Entravision Communication
EVC
$1.01B
| $2.44M | ﹤0.01% |
669,148
-97,208
| -13% | -$396K |
|
1266
Vanguard Total International Stock ETF
VXUS
$153B
| $2.44M | ﹤0.01% |
45,530
-21,251
| -32% | -$1.19M |
|
1267
Toro Company
TTC
$9B
| $2.43M | ﹤0.01% |
29,264
-3,228
| -10% | -$311K |
|
1268
Incyte
INCY
$23.9B
| $2.42M | ﹤0.01% |
41,906
+6,555
| +19% | +$413K |
|
1269
Wabtec
WAB
$50.2B
| $2.41M | ﹤0.01% |
22,722
-13,197
| -37% | -$1.47M |
|
|
FLHK
1270
DELISTED
Franklin FTSE Hong Kong ETF
FLHK
| $2.41M | ﹤0.01% |
133,563
| – | – |
|
1271
Crane NXT
CXT
$3.1B
| $2.4M | ﹤0.01% |
43,258
+8,351
| +24% | +$484K |
|
1272
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $2.4M | ﹤0.01% |
29,068
-4,410
| -13% | -$376K |
|
1273
Macy's
M
$6.56B
| $2.4M | ﹤0.01% |
206,302
+69,349
| +51% | +$972K |
|
1274
Avnet
AVT
$7.16B
| $2.39M | ﹤0.01% |
49,642
-5,715
| -10% | -$276K |
|
1275
GSK
GSK
$104B
| $2.39M | ﹤0.01% |
63,734
+769
| +1% | +$27.3K |
|
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.