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 | |
|---|---|---|---|---|---|---|
1276
Hurco Companies Inc
HURC
$133M
| $2.37M | ﹤0.01% |
105,700
| – | – |
|
|
SHYF
1277
DELISTED
The Shyft Group
SHYF
| $2.37M | ﹤0.01% |
158,280
+15,941
| +11% | +$269K |
|
1278
Sprouts Farmers Market
SFM
$7.23B
| $2.37M | ﹤0.01% |
55,274
-1,045
| -2% | -$41K |
|
|
ERF
1279
DELISTED
Enerplus Corporation
ERF
| $2.36M | ﹤0.01% |
134,052
+22,577
| +20% | +$373K |
|
1280
Enphase Energy
ENPH
$5.01B
| $2.35M | ﹤0.01% |
19,578
-244,279
| -93% | -$34.8M |
|
1281
BrandywineGLOBAL US Fixed Income ETF
USFI
$9.73M
| $2.35M | ﹤0.01% |
+100,000
| New | +$2.42M |
|
|
NSA
1282
DELISTED
National Storage Affiliates Trust
NSA
| $2.35M | ﹤0.01% |
+74,031
| New | +$2.51M |
|
|
CTR
1283
DELISTED
ClearBridge MLP and Midstream Total Return Fund Inc.
CTR
| $2.34M | ﹤0.01% |
73,015
+1
| +0% | +$33 |
|
1284
Badger Meter
BMI
$3.71B
| $2.34M | ﹤0.01% |
16,252
+145
| +0.9% | +$22.9K |
|
1285
Revvity
RVTY
$12.1B
| $2.33M | ﹤0.01% |
21,076
-4,432
| -17% | -$521K |
|
1286
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| $2.32M | ﹤0.01% |
33,684
-21
| -0.1% | -$1.54K |
|
1287
Ciena
CIEN
$53.4B
| $2.31M | ﹤0.01% |
48,984
-53,541
| -52% | -$2.36M |
|
|
ALE
1288
DELISTED
Allete
ALE
| $2.29M | ﹤0.01% |
43,455
-2,429
| -5% | -$137K |
|
1289
Celanese
CE
$4.87B
| $2.29M | ﹤0.01% |
18,264
+706
| +4% | +$86.8K |
|
1290
Extreme Networks
EXTR
$3.92B
| $2.28M | ﹤0.01% |
94,379
-4,291
| -4% | -$116K |
|
1291
Matsons
MATX
$6.22B
| $2.28M | ﹤0.01% |
25,740
+3,045
| +13% | +$266K |
|
1292
QuinStreet
QNST
$893M
| $2.28M | ﹤0.01% |
254,406
+11
| +0% | +$102 |
|
|
SPLK
1293
DELISTED
Splunk Inc
SPLK
| $2.27M | ﹤0.01% |
15,551
-2,510
| -14% | -$284K |
|
|
GAP
1294
The Gap Inc
GAP
$7.07B
| $2.25M | ﹤0.01% |
211,844
-5,130
| -2% | -$52.3K |
|
1295
MGM Resorts International
MGM
$11.8B
| $2.24M | ﹤0.01% |
60,989
-6,943
| -10% | -$307K |
|
1296
Bar Harbor Bankshares
BHB
$659M
| $2.24M | ﹤0.01% |
94,768
-17,418
| -16% | -$439K |
|
1297
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.35B
| $2.24M | ﹤0.01% |
28,700
| – | – |
|
1298
Rocky Brands
RCKY
$313M
| $2.23M | ﹤0.01% |
151,880
+12,498
| +9% | +$236K |
|
1299
Peabody Energy
BTU
$2.81B
| $2.23M | ﹤0.01% |
85,895
+50,292
| +141% | +$1.13M |
|
1300
Raymond James Financial
RJF
$33.3B
| $2.23M | ﹤0.01% |
22,202
-85
| -0.4% | -$8.99K |
|
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.