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 | |
|---|---|---|---|---|---|---|
|
KZR
1401
DELISTED
Kezar Life Sciences
KZR
| $1.62M | ﹤0.01% |
136,530
-2,286
| -2% | -$40.5K |
|
1402
BOK Financial
BOKF
$8.58B
| $1.62M | ﹤0.01% |
20,308
-96
| -0.5% | -$8.12K |
|
1403
Haleon
HLN
$43.8B
| $1.62M | ﹤0.01% |
194,953
+52,991
| +37% | +$441K |
|
1404
American States Water
AWR
$3.37B
| $1.61M | ﹤0.01% |
20,496
+1,068
| +5% | +$91K |
|
1405
iShares ESG Screened S&P Mid-Cap ETF
XJH
$423M
| $1.61M | ﹤0.01% |
47,399
+13,755
| +41% | +$490K |
|
1406
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.9B
| $1.6M | ﹤0.01% |
22,215
+2,500
| +13% | +$189K |
|
|
TBRG
1407
DELISTED
TruBridge
TBRG
| $1.6M | ﹤0.01% |
100,613
-538
| -0.5% | -$11K |
|
1408
H.B. Fuller
FUL
$3.04B
| $1.6M | ﹤0.01% |
23,305
+6
| +0% | +$424 |
|
1409
Post Holdings
POST
$4.14B
| $1.6M | ﹤0.01% |
18,647
-513
| -3% | -$44.8K |
|
1410
Vanguard High Dividend Yield ETF
VYM
$81.3B
| $1.58M | ﹤0.01% |
15,251
+924
| +6% | +$99.1K |
|
1411
Diodes
DIOD
$3.95B
| $1.57M | ﹤0.01% |
19,975
-278
| -1% | -$23.4K |
|
1412
Harley-Davidson
HOG
$2.61B
| $1.57M | ﹤0.01% |
47,632
-22,540
| -32% | -$784K |
|
1413
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $1.57M | ﹤0.01% |
21,360
-5,918
| -22% | -$442K |
|
1414
Insight Enterprises
NSIT
$3.71B
| $1.57M | ﹤0.01% |
10,816
+338
| +3% | +$50.4K |
|
|
WIRE
1415
DELISTED
Encore Wire Corp
WIRE
| $1.56M | ﹤0.01% |
8,576
-3,175
| -27% | -$539K |
|
1416
Brookfield Renewable
BEPC
$5.95B
| $1.56M | ﹤0.01% |
65,035
+14,441
| +29% | +$419K |
|
1417
First Financial Bancorp
FFBC
$3.52B
| $1.56M | ﹤0.01% |
79,365
-13,469
| -15% | -$288K |
|
|
DOCU
1418
DocuSign
DOCU
$10.1B
| $1.55M | ﹤0.01% |
36,928
-106,323
| -74% | -$5.21M |
|
1419
National Health Investors
NHI
$3.84B
| $1.55M | ﹤0.01% |
30,162
-1,888
| -6% | -$98.8K |
|
1420
iShares Russell Mid-Cap Growth ETF
IWP
$19.8B
| $1.55M | ﹤0.01% |
16,936
-20
| -0.1% | -$1.91K |
|
1421
Village Super Market
VLGEA
$636M
| $1.54M | ﹤0.01% |
67,932
-62,803
| -48% | -$1.45M |
|
1422
Community Bank
CBU
$3.5B
| $1.52M | ﹤0.01% |
35,921
-1,937
| -5% | -$91.8K |
|
1423
Installed Building Products
IBP
$6.16B
| $1.51M | ﹤0.01% |
12,112
+83
| +0.7% | +$11.7K |
|
1424
InterDigital
IDCC
$6.7B
| $1.51M | ﹤0.01% |
18,809
-735
| -4% | -$63.9K |
|
1425
Occidental Petroleum Corp Warrants
OXY.WS
$31.1B
| $1.5M | ﹤0.01% |
34,784
-243
| -0.7% | -$9.96K |
|
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.