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 | |
|---|---|---|---|---|---|---|
1426
Cameco
CCJ
$38.9B
| $1.5M | ﹤0.01% |
37,801
+972
| +3% | +$34.4K |
|
1427
Federal Realty Investment Trust
FRT
$11B
| $1.5M | ﹤0.01% |
16,547
+4,293
| +35% | +$423K |
|
1428
KT
KT
$8.92B
| $1.5M | ﹤0.01% |
116,963
-15,746
| -12% | -$190K |
|
1429
Amkor Technology
AMKR
$15B
| $1.5M | ﹤0.01% |
66,207
-5,315
| -7% | -$140K |
|
1430
CONMED
CNMD
$1.31B
| $1.5M | ﹤0.01% |
14,826
+181
| +1% | +$20.8K |
|
1431
Graphic Packaging
GPK
$3.3B
| $1.49M | ﹤0.01% |
66,936
-282,079
| -81% | -$6.47M |
|
1432
Essent Group
ESNT
$6.12B
| $1.48M | ﹤0.01% |
31,375
-51,530
| -62% | -$2.55M |
|
1433
East-West Bancorp
EWBC
$17.8B
| $1.48M | ﹤0.01% |
28,079
-1,098
| -4% | -$61.7K |
|
|
EFXT
1434
Enerflex
EFXT
$2.75B
| $1.48M | ﹤0.01% |
257,576
| – | – |
|
1435
PUT
iShares Russell 2000 ETF
IWM
$80.3B
| $1.47M | ﹤0.01% |
8,300
| – | – |
|
1436
Enova International
ENVA
$6.27B
| $1.46M | ﹤0.01% |
28,760
-3,053
| -10% | -$159K |
|
|
ESGR
1437
DELISTED
Enstar Group
ESGR
| $1.45M | ﹤0.01% |
6,007
-557
| -8% | -$140K |
|
|
DOO
1438
Bombardier Recreational Products
DOO
$4.53B
| $1.45M | ﹤0.01% |
19,206
-1,431
| -7% | -$116K |
|
|
PCTI
1439
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $1.45M | ﹤0.01% |
348,862
-44,469
| -11% | -$199K |
|
1440
Rogers Communications
RCI
$17.7B
| $1.44M | ﹤0.01% |
37,517
+14,224
| +61% | +$597K |
|
1441
Lantheus
LNTH
$7.03B
| $1.44M | ﹤0.01% |
20,724
-2,085
| -9% | -$153K |
|
1442
EPR Properties
EPR
$4.85B
| $1.43M | ﹤0.01% |
34,542
-1,134
| -3% | -$49.9K |
|
|
GMS
1443
DELISTED
GMS Inc
GMS
| $1.43M | ﹤0.01% |
22,414
+1,041
| +5% | +$72.2K |
|
|
ARCH
1444
DELISTED
Arch Resources, Inc.
ARCH
| $1.43M | ﹤0.01% |
8,386
-734
| -8% | -$98.4K |
|
1445
Abercrombie & Fitch
ANF
$4.41B
| $1.43M | ﹤0.01% |
25,342
-422
| -2% | -$18.7K |
|
1446
Vanguard International Dividend Appreciation ETF
VIGI
$8.98B
| $1.41M | ﹤0.01% |
19,749
+148
| +0.8% | +$11K |
|
1447
Warrior Met Coal
HCC
$4.26B
| $1.41M | ﹤0.01% |
27,524
+664
| +2% | +$27.9K |
|
1448
Banco Bilbao Vizcaya Argentaria
BBVA
$147B
| $1.4M | ﹤0.01% |
174,389
-34,085
| -16% | -$265K |
|
1449
The Ensign Group
ENSG
$10.4B
| $1.4M | ﹤0.01% |
15,099
+3,363
| +29% | +$318K |
|
|
PDM
1450
Piedmont Realty Trust
PDM
$1.22B
| $1.4M | ﹤0.01% |
249,170
-47,829
| -16% | -$328K |
|
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.