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 | |
|---|---|---|---|---|---|---|
1301
KE Holdings
BEKE
$17.4B
| $2.23M | ﹤0.01% |
143,415
-3,608
| -2% | -$57.3K |
|
1302
e.l.f. Beauty
ELF
$4.95B
| $2.22M | ﹤0.01% |
20,176
-188
| -0.9% | -$22.8K |
|
1303
Vulcan Materials
VMC
$36.9B
| $2.21M | ﹤0.01% |
10,932
+337
| +3% | +$73.3K |
|
1304
Lincoln National
LNC
$7.88B
| $2.21M | ﹤0.01% |
89,394
-4,032
| -4% | -$105K |
|
1305
First Internet Bancorp
INBK
$231M
| $2.2M | ﹤0.01% |
135,757
-33,077
| -20% | -$624K |
|
|
RNAM
1306
DELISTED
Avidity Biosciences
RNAM
| $2.2M | ﹤0.01% |
344,328
+114
| +0% | +$982 |
|
1307
Fortune Brands Innovations
FBIN
$6.14B
| $2.2M | ﹤0.01% |
35,317
-551
| -2% | -$37.9K |
|
1308
Universal Health Services
UHS
$9.64B
| $2.19M | ﹤0.01% |
17,420
+3,104
| +22% | +$424K |
|
1309
Hawaiian Electric Industries
HE
$2.28B
| $2.18M | ﹤0.01% |
177,200
+86,606
| +96% | +$2.11M |
|
1310
iShares MSCI Japan ETF
EWJ
$21.7B
| $2.17M | ﹤0.01% |
36,032
| – | – |
|
|
LICY
1311
DELISTED
Li-Cycle Holdings Corp.
LICY
| $2.17M | ﹤0.01% |
76,461
+7,463
| +11% | +$298K |
|
1312
Methanex
MEOH
$4.19B
| $2.17M | ﹤0.01% |
48,175
-156
| -0.3% | -$6.68K |
|
1313
Morningstar
MORN
$6.94B
| $2.16M | ﹤0.01% |
9,220
-9,486
| -51% | -$2.14M |
|
1314
Watts Water Technologies
WTS
$11.5B
| $2.15M | ﹤0.01% |
12,446
+339
| +3% | +$62K |
|
1315
CareTrust REIT
CTRE
$10.1B
| $2.15M | ﹤0.01% |
104,839
+661
| +0.6% | +$13.4K |
|
1316
Arrow Financial
AROW
$664M
| $2.14M | ﹤0.01% |
125,712
-13,530
| -10% | -$249K |
|
1317
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$781B
| $2.14M | ﹤0.01% |
5,000
-3,800
| -43% | -$1.69M |
|
1318
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$39B
| $2.13M | ﹤0.01% |
45,450
-675
| -1% | -$32.5K |
|
1319
Anika Therapeutics
ANIK
$200M
| $2.13M | ﹤0.01% |
114,335
-14,968
| -12% | -$310K |
|
1320
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $2.12M | ﹤0.01% |
57,376
+37,073
| +183% | +$1.44M |
|
|
SMLR
1321
DELISTED
Semler Scientific
SMLR
| $2.11M | ﹤0.01% |
83,362
-1,826
| -2% | -$47.5K |
|
1322
United Fire Group
UFCS
$1.32B
| $2.1M | ﹤0.01% |
106,538
-49
| -0% | -$1.03K |
|
1323
Ingredion
INGR
$6.4B
| $2.1M | ﹤0.01% |
21,350
+293
| +1% | +$30.4K |
|
|
EXAS
1324
DELISTED
Exact Sciences
EXAS
| $2.09M | ﹤0.01% |
30,624
-254
| -0.8% | -$21.6K |
|
1325
COPT Defense Properties
CDP
$4.34B
| $2.08M | ﹤0.01% |
87,276
-11,654
| -12% | -$295K |
|
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.