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 | |
|---|---|---|---|---|---|---|
1351
Investar Holding Corp
ISTR
$416M
| $1.92M | ﹤0.01% |
180,925
-32,085
| -15% | -$412K |
|
1352
ONE Gas
OGS
$5.02B
| $1.91M | ﹤0.01% |
28,044
-327
| -1% | -$24.7K |
|
1353
Vanguard Russell 1000 Value ETF
VONV
$20.5B
| $1.9M | ﹤0.01% |
28,546
| – | – |
|
1354
First Hawaiian
FHB
$3.38B
| $1.9M | ﹤0.01% |
105,092
-10,970
| -9% | -$211K |
|
1355
Modine Manufacturing
MOD
$12.2B
| $1.89M | ﹤0.01% |
41,385
-15,546
| -27% | -$652K |
|
1356
Advance Auto Parts
AAP
$3.48B
| $1.88M | ﹤0.01% |
33,668
-9,615
| -22% | -$644K |
|
1357
Generac Holdings
GNRC
$11.6B
| $1.87M | ﹤0.01% |
17,184
+2,166
| +14% | +$268K |
|
1358
Fulton Financial
FULT
$4.67B
| $1.87M | ﹤0.01% |
154,036
-8,411
| -5% | -$110K |
|
1359
Essential Properties Realty Trust
EPRT
$6.9B
| $1.86M | ﹤0.01% |
86,046
-1,066
| -1% | -$25.4K |
|
1360
Mueller Industries
MLI
$14.2B
| $1.86M | ﹤0.01% |
98,744
+1,148
| +1% | +$22.7K |
|
1361
Quaker Houghton
KWR
$2.63B
| $1.83M | ﹤0.01% |
11,442
-5
| -0% | -$893 |
|
1362
Northern Trust
NTRS
$22.4B
| $1.83M | ﹤0.01% |
26,300
-737
| -3% | -$55.7K |
|
1363
EastGroup Properties
EGP
$11.3B
| $1.81M | ﹤0.01% |
10,844
+588
| +6% | +$104K |
|
|
ETW
1364
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.02B
| $1.8M | ﹤0.01% |
236,073
+3,645
| +2% | +$29.3K |
|
1365
Comfort Systems
FIX
$60.9B
| $1.8M | ﹤0.01% |
10,577
+282
| +3% | +$49.5K |
|
|
LTHM
1366
DELISTED
Livent Corporation
LTHM
| $1.79M | ﹤0.01% |
97,305
+26,143
| +37% | +$598K |
|
1367
Tidewater
TDW
$3.91B
| $1.79M | ﹤0.01% |
25,192
-1,346
| -5% | -$85K |
|
1368
WIX.com
WIX
$2.36B
| $1.79M | ﹤0.01% |
19,501
+9,965
| +104% | +$890K |
|
1369
Addus HomeCare
ADUS
$2.16B
| $1.79M | ﹤0.01% |
20,996
-1,155
| -5% | -$103K |
|
1370
Autohome
ATHM
$2.46B
| $1.79M | ﹤0.01% |
58,880
-6,002
| -9% | -$181K |
|
|
CPRX
1371
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.78M | ﹤0.01% |
152,526
+28,327
| +23% | +$379K |
|
1372
Schneider National
SNDR
$6.44B
| $1.78M | ﹤0.01% |
64,290
+287
| +0.4% | +$8.35K |
|
|
PPTA
1373
Perpetua Resources
PPTA
$2.28B
| $1.78M | ﹤0.01% |
543,670
+403,000
| +286% | +$1.41M |
|
1374
Benitec Biopharma
BNTC
$398M
| $1.78M | ﹤0.01% |
588,237
+2
| +0% | +$6 |
|
1375
Kite Realty
KRG
$5.99B
| $1.78M | ﹤0.01% |
82,907
-1,699
| -2% | -$38.5K |
|
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.