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 | |
|---|---|---|---|---|---|---|
1501
Progress Software
PRGS
$1.59B
| $1.19M | ﹤0.01% |
22,662
+137
| +0.6% | +$8.02K |
|
1502
Arbor Realty Trust
ABR
$977M
| $1.19M | ﹤0.01% |
78,435
-1,017
| -1% | -$16.1K |
|
|
ORAN
1503
DELISTED
Orange
ORAN
| $1.19M | ﹤0.01% |
103,622
+1,974
| +2% | +$22.6K |
|
1504
Goodyear
GT
$2.04B
| $1.18M | ﹤0.01% |
95,200
-3,428
| -3% | -$46.6K |
|
|
ITIC
1505
Investors Title Co
ITIC
$537M
| $1.18M | ﹤0.01% |
7,948
+15
| +0.2% | +$2.25K |
|
1506
Andersons Inc
ANDE
$2.54B
| $1.17M | ﹤0.01% |
22,811
-1,035
| -4% | -$51.9K |
|
1507
CarMax
KMX
$8.29B
| $1.17M | ﹤0.01% |
16,494
-33
| -0.2% | -$2.7K |
|
1508
SunCoke Energy
SXC
$765M
| $1.16M | ﹤0.01% |
114,743
-17,153
| -13% | -$155K |
|
1509
Rapid7
RPD
$643M
| $1.16M | ﹤0.01% |
25,421
-63
| -0.2% | -$2.91K |
|
1510
Sonoco
SON
$5.8B
| $1.16M | ﹤0.01% |
21,410
+3,262
| +18% | +$185K |
|
|
AKRO
1511
DELISTED
Akero Therapeutics
AKRO
| $1.16M | ﹤0.01% |
22,892
+4,647
| +25% | +$216K |
|
|
VGR
1512
DELISTED
Vector Group Ltd.
VGR
| $1.16M | ﹤0.01% |
108,770
+1,743
| +2% | +$20.2K |
|
1513
Bankunited
BKU
$3.36B
| $1.16M | ﹤0.01% |
50,896
-2,328
| -4% | -$59.7K |
|
1514
Northrim BanCorp
NRIM
$595M
| $1.15M | ﹤0.01% |
115,600
| – | – |
|
1515
OFG Bancorp
OFG
$2.21B
| $1.14M | ﹤0.01% |
38,341
+18,181
| +90% | +$555K |
|
1516
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $1.14M | ﹤0.01% |
34,399
+7,546
| +28% | +$260K |
|
1517
iShares Core MSCI Total International Stock ETF
IXUS
$57.7B
| $1.14M | ﹤0.01% |
19,016
-1,915
| -9% | -$119K |
|
|
VSXY
1518
Victoria's Secret
VSXY
$6.78B
| $1.14M | ﹤0.01% |
68,320
+11,120
| +19% | +$210K |
|
1519
Bank of Hawaii
BOH
$3.17B
| $1.14M | ﹤0.01% |
22,901
-1,298
| -5% | -$66.7K |
|
1520
Asbury Automotive
ABG
$4.22B
| $1.14M | ﹤0.01% |
4,936
+289
| +6% | +$66K |
|
1521
Brink's
BCO
$4.86B
| $1.13M | ﹤0.01% |
15,552
+313
| +2% | +$22.6K |
|
1522
Seagate
STX
$185B
| $1.13M | ﹤0.01% |
17,119
+445
| +3% | +$28.7K |
|
1523
Simmons First National
SFNC
$3.32B
| $1.13M | ﹤0.01% |
66,549
-13,733
| -17% | -$248K |
|
1524
Cathay General Bancorp
CATY
$4.18B
| $1.12M | ﹤0.01% |
32,340
-319
| -1% | -$11.4K |
|
1525
Materion
MTRN
$5.03B
| $1.12M | ﹤0.01% |
11,021
-1,212
| -10% | -$132K |
|
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.