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 | |
|---|---|---|---|---|---|---|
1326
PUT
Invesco QQQ Trust
QQQ
$449B
| $2.08M | ﹤0.01% |
5,800
| – | – |
|
1327
iShares CMBS ETF
CMBS
$474M
| $2.07M | ﹤0.01% |
45,990
| – | – |
|
1328
Belden
BDC
$4.12B
| $2.06M | ﹤0.01% |
21,326
-159
| -0.7% | -$14.9K |
|
|
GTY
1329
Getty Realty Corp
GTY
$2.12B
| $2.05M | ﹤0.01% |
74,046
-186
| -0.3% | -$5.78K |
|
|
DEA
1330
Easterly Government Properties
DEA
$1.17B
| $2.05M | ﹤0.01% |
71,627
-11,981
| -14% | -$411K |
|
1331
Franklin Income Focus ETF
INCM
$1.69B
| $2.04M | ﹤0.01% |
84,000
+44,000
| +110% | +$1.1M |
|
1332
Spectrum Brands
SPB
$2.04B
| $2.02M | ﹤0.01% |
25,800
+14,992
| +139% | +$1.18M |
|
1333
Organon & Co
OGN
$3.56B
| $2.02M | ﹤0.01% |
116,132
+3,346
| +3% | +$69.8K |
|
1334
Century Casinos
CNTY
$32.6M
| $2.01M | ﹤0.01% |
392,262
| – | – |
|
1335
First Western Financial
MYFW
$299M
| $2.01M | ﹤0.01% |
110,706
| – | – |
|
1336
CoreCivic
CXW
$3.09B
| $2.01M | ﹤0.01% |
178,419
-20,867
| -10% | -$210K |
|
|
IMGN
1337
DELISTED
Immunogen Inc
IMGN
| $2M | ﹤0.01% |
126,323
+72,637
| +135% | +$1.21M |
|
1338
ZTO Express
ZTO
$18.1B
| $1.99M | ﹤0.01% |
82,504
+750
| +0.9% | +$19.1K |
|
1339
Invitation Homes
INVH
$17.6B
| $1.99M | ﹤0.01% |
62,750
+4,175
| +7% | +$143K |
|
1340
NWPX Infrastructure Inc
NWPX
$1.24B
| $1.98M | ﹤0.01% |
65,700
| – | – |
|
1341
Vanguard Mega Cap 300 Index ETF
MGC
$9.86B
| $1.98M | ﹤0.01% |
13,042
| – | – |
|
1342
iShares MSCI ACWI ETF
ACWI
$32.5B
| $1.95M | ﹤0.01% |
21,163
+1,780
| +9% | +$171K |
|
1343
Teledyne Technologies
TDY
$30.2B
| $1.95M | ﹤0.01% |
4,768
-4,184
| -47% | -$1.7M |
|
1344
Vail Resorts
MTN
$5.28B
| $1.94M | ﹤0.01% |
8,748
-154,668
| -95% | -$36.7M |
|
|
CNH
1345
CNH Industrial
CNH
$13.7B
| $1.93M | ﹤0.01% |
159,019
-183,601
| -54% | -$2.54M |
|
1346
Interparfums
IPAR
$3.99B
| $1.93M | ﹤0.01% |
14,355
-81
| -0.6% | -$11.1K |
|
1347
Equifax
EFX
$20.8B
| $1.93M | ﹤0.01% |
10,511
-573,432
| -98% | -$117M |
|
1348
Avis
CAR
$5.78B
| $1.92M | ﹤0.01% |
10,708
-18,727
| -64% | -$4.06M |
|
|
P
1349
Everpure Inc
P
$24.7B
| $1.92M | ﹤0.01% |
53,831
-6,314
| -10% | -$234K |
|
1350
Royalty Pharma
RPRX
$26B
| $1.92M | ﹤0.01% |
70,645
+16,657
| +31% | +$495K |
|
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.