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 | |
|---|---|---|---|---|---|---|
1376
Dell
DELL
$276B
| $1.77M | ﹤0.01% |
25,749
-38,165
| -60% | -$2.27M |
|
1377
W.R. Berkley
WRB
$28.1B
| $1.77M | ﹤0.01% |
41,901
-1,593
| -4% | -$66K |
|
1378
Hope Bancorp
HOPE
$1.77B
| $1.77M | ﹤0.01% |
199,622
+21,748
| +12% | +$208K |
|
1379
Brookfield Renewable
BEP
$9.74B
| $1.76M | ﹤0.01% |
81,136
+706
| +0.9% | +$19K |
|
1380
Otter Tail
OTTR
$3.87B
| $1.76M | ﹤0.01% |
23,175
-4,212
| -15% | -$346K |
|
|
JNPR
1381
DELISTED
Juniper Networks
JNPR
| $1.75M | ﹤0.01% |
62,878
-2,026
| -3% | -$58.3K |
|
1382
Hasbro
HAS
$12.8B
| $1.75M | ﹤0.01% |
26,402
+3,754
| +17% | +$249K |
|
1383
Penske Automotive Group
PAG
$14.2B
| $1.74M | ﹤0.01% |
10,423
-17,957
| -63% | -$3M |
|
1384
Genworth Financial
GNW
$3.79B
| $1.73M | ﹤0.01% |
295,449
-73,659
| -20% | -$425K |
|
1385
M&T Bank
MTB
$36B
| $1.73M | ﹤0.01% |
13,648
+221
| +2% | +$28.8K |
|
1386
Loews
L
$24.4B
| $1.72M | ﹤0.01% |
27,097
+120
| +0.4% | +$7.48K |
|
1387
Sanmina
SANM
$11.2B
| $1.7M | ﹤0.01% |
31,274
-872
| -3% | -$49K |
|
1388
Bloomin' Brands
BLMN
$731M
| $1.69M | ﹤0.01% |
68,729
-3,864
| -5% | -$103K |
|
1389
AppFolio
APPF
$5.98B
| $1.69M | ﹤0.01% |
9,230
-58
| -0.6% | -$10.5K |
|
|
BRSL
1390
Brightstar Lottery PLC
BRSL
$1.93B
| $1.68M | ﹤0.01% |
55,490
+10,206
| +23% | +$325K |
|
1391
Digi International
DGII
$2.55B
| $1.67M | ﹤0.01% |
61,920
+7,212
| +13% | +$248K |
|
1392
iShares MSCI EAFE Value ETF
EFV
$28.3B
| $1.67M | ﹤0.01% |
34,164
-3,105
| -8% | -$154K |
|
1393
Fresenius Medical Care
FMS
$13.4B
| $1.67M | ﹤0.01% |
77,495
-14,351
| -16% | -$348K |
|
1394
WesBanco
WSBC
$3.93B
| $1.67M | ﹤0.01% |
68,346
+1,280
| +2% | +$33.3K |
|
1395
LXP Industrial Trust
LXP
$3.52B
| $1.66M | ﹤0.01% |
37,343
-670
| -2% | -$32.9K |
|
1396
Kilroy Realty
KRC
$4.58B
| $1.66M | ﹤0.01% |
52,407
-66,901
| -56% | -$2.32M |
|
1397
Take-Two Interactive
TTWO
$45.3B
| $1.65M | ﹤0.01% |
11,764
-61
| -0.5% | -$8.78K |
|
1398
Innospec
IOSP
$2.11B
| $1.64M | ﹤0.01% |
16,078
+449
| +3% | +$46.9K |
|
|
CMA
1399
DELISTED
Comerica
CMA
| $1.63M | ﹤0.01% |
39,317
-3,743
| -9% | -$177K |
|
1400
Huazhu Hotels Group
HTHT
$12.9B
| $1.63M | ﹤0.01% |
41,266
+1,654
| +4% | +$69.8K |
|
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.