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 | |
|---|---|---|---|---|---|---|
1451
Cleveland-Cliffs
CLF
$6.99B
| $1.4M | ﹤0.01% |
89,432
-7,068
| -7% | -$110K |
|
1452
NMI Holdings
NMIH
$3.27B
| $1.4M | ﹤0.01% |
51,570
-1,799
| -3% | -$50.1K |
|
1453
Franklin International Core Dividend Tilt Index ETF
DIVI
$2.66B
| $1.38M | ﹤0.01% |
49,524
+42,371
| +592% | +$1.23M |
|
|
LADR
1454
Ladder Capital
LADR
$1.24B
| $1.37M | ﹤0.01% |
133,873
-44,549
| -25% | -$482K |
|
1455
Kulicke & Soffa
KLIC
$5.14B
| $1.37M | ﹤0.01% |
28,123
-1,324
| -4% | -$70.2K |
|
1456
Tanger
SKT
$4.8B
| $1.36M | ﹤0.01% |
60,138
+4,085
| +7% | +$95.2K |
|
1457
ESCO Technologies
ESE
$8.4B
| $1.36M | ﹤0.01% |
13,010
-171
| -1% | -$17.6K |
|
|
BDN
1458
Brandywine Realty Trust
BDN
$533M
| $1.35M | ﹤0.01% |
297,185
-88,618
| -23% | -$422K |
|
1459
PUT
Amazon
AMZN
$2.49T
| $1.35M | ﹤0.01% |
10,600
-1,400
| -12% | -$188K |
|
1460
Murphy Oil
MUR
$5.38B
| $1.35M | ﹤0.01% |
29,663
-5,366
| -15% | -$233K |
|
1461
Sun Communities
SUI
$15B
| $1.33M | ﹤0.01% |
11,243
+327
| +3% | +$41.5K |
|
|
CPE
1462
DELISTED
Callon Petroleum Company
CPE
| $1.33M | ﹤0.01% |
34,004
+6,350
| +23% | +$235K |
|
|
AAT
1463
American Assets Trust
AAT
$1.49B
| $1.33M | ﹤0.01% |
68,383
-11,581
| -14% | -$243K |
|
1464
Ambev
ABEV
$47.4B
| $1.32M | ﹤0.01% |
512,789
+32,868
| +7% | +$95.1K |
|
1465
Elanco Animal Health
ELAN
$12.7B
| $1.32M | ﹤0.01% |
117,627
+72,534
| +161% | +$842K |
|
1466
Federal Signal
FSS
$7.22B
| $1.32M | ﹤0.01% |
22,112
-515
| -2% | -$31.2K |
|
1467
Eastman Chemical
EMN
$7.74B
| $1.32M | ﹤0.01% |
17,170
+1,132
| +7% | +$93.9K |
|
1468
PVH
PVH
$3.87B
| $1.31M | ﹤0.01% |
17,157
-36,217
| -68% | -$3M |
|
1469
Frontdoor
FTDR
$5.1B
| $1.31M | ﹤0.01% |
42,815
+769
| +2% | +$25.5K |
|
1470
First Bancorp
FBP
$4.39B
| $1.31M | ﹤0.01% |
97,206
+27,547
| +40% | +$383K |
|
1471
Telephone and Data Systems
TDS
$3.83B
| $1.31M | ﹤0.01% |
71,323
+12,065
| +20% | +$174K |
|
1472
Bio-Techne
TECH
$11.2B
| $1.3M | ﹤0.01% |
19,107
-1,347
| -7% | -$106K |
|
|
HTO
1473
H2O America
HTO
$2.66B
| $1.3M | ﹤0.01% |
21,602
+619
| +3% | +$41.5K |
|
1474
Evertec
EVTC
$1.88B
| $1.3M | ﹤0.01% |
34,904
+24,544
| +237% | +$956K |
|
1475
Innovative Industrial Properties
IIPR
$1.78B
| $1.29M | ﹤0.01% |
17,014
-669
| -4% | -$53.5K |
|
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.