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 | |
|---|---|---|---|---|---|---|
|
ROIC
1476
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $1.28M | ﹤0.01% |
103,026
+91,311
| +779% | +$1.26M |
|
1477
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $1.27M | ﹤0.01% |
12,149
-50
| -0.4% | -$5.51K |
|
1478
Four Corners Property Trust
FCPT
$2.83B
| $1.27M | ﹤0.01% |
57,073
+1,605
| +3% | +$40.4K |
|
1479
PUT
Berkshire Hathaway Class B
BRK.B
$1.07T
| $1.26M | ﹤0.01% |
3,600
| – | – |
|
1480
NewMarket
NEU
$7.13B
| $1.26M | ﹤0.01% |
2,767
+45
| +2% | +$20.3K |
|
1481
Progyny
PGNY
$2.47B
| $1.25M | ﹤0.01% |
36,867
-538
| -1% | -$20.3K |
|
1482
Macerich
MAC
$7.41B
| $1.25M | ﹤0.01% |
114,485
+613
| +0.5% | +$7.31K |
|
1483
RingCentral
RNG
$4.5B
| $1.24M | ﹤0.01% |
41,803
-501
| -1% | -$16.6K |
|
|
1484
Willis Towers Watson
WTW
$28.6B
| $1.24M | ﹤0.01% |
5,922
-1,620,995
| -100% | -$346M |
|
1485
Iridium Communications
IRDM
$4.87B
| $1.23M | ﹤0.01% |
27,093
-20,018
| -42% | -$1.04M |
|
|
IBTX
1486
DELISTED
Independent Bank Group, Inc.
IBTX
| $1.23M | ﹤0.01% |
31,130
-20,344
| -40% | -$830K |
|
1487
Amphastar Pharmaceuticals
AMPH
$846M
| $1.23M | ﹤0.01% |
26,750
-836
| -3% | -$45.6K |
|
|
MDC
1488
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.23M | ﹤0.01% |
29,780
+21,140
| +245% | +$985K |
|
|
SAND
1489
DELISTED
Sandstorm Gold
SAND
| $1.22M | ﹤0.01% |
261,925
| – | – |
|
1490
Denali Therapeutics
DNLI
$3.74B
| $1.22M | ﹤0.01% |
+59,351
| New | +$1.51M |
|
|
PCH
1491
DELISTED
PotlatchDeltic
PCH
| $1.22M | ﹤0.01% |
26,892
+19,746
| +276% | +$975K |
|
1492
Corebridge Financial
CRBG
$14.3B
| $1.22M | ﹤0.01% |
61,643
+20,735
| +51% | +$386K |
|
1493
Artisan Partners
APAM
$2.86B
| $1.22M | ﹤0.01% |
32,492
-505
| -2% | -$19.6K |
|
1494
Invesco MSCI Sustainable Future ETF
ERTH
$133M
| $1.21M | ﹤0.01% |
27,360
| – | – |
|
1495
Oshkosh
OSK
$9.66B
| $1.21M | ﹤0.01% |
+12,659
| New | +$1.23M |
|
1496
Vanguard Information Technology ETF
VGT
$138B
| $1.21M | ﹤0.01% |
23,248
+4,320
| +23% | +$235K |
|
1497
MYR Group
MYRG
$5.75B
| $1.2M | ﹤0.01% |
8,908
+482
| +6% | +$68.2K |
|
|
VRTV
1498
DELISTED
VERITIV CORPORATION
VRTV
| $1.2M | ﹤0.01% |
7,095
-6,758
| -49% | -$1.05M |
|
1499
Cal-Maine
CALM
$4.2B
| $1.2M | ﹤0.01% |
24,718
-338
| -1% | -$15.7K |
|
|
PINC
1500
DELISTED
Premier
PINC
| $1.19M | ﹤0.01% |
55,555
-19,825
| -26% | -$494K |
|
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.