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 | |
|---|---|---|---|---|---|---|
1526
OR Royalties Inc
OR
$5.54B
| $1.12M | ﹤0.01% |
95,556
+67,300
| +238% | +$919K |
|
1527
Palantir
PLTR
$315B
| $1.12M | ﹤0.01% |
70,046
+5,091
| +8% | +$81.1K |
|
1528
Toyota
TM
$216B
| $1.12M | ﹤0.01% |
6,221
+190
| +3% | +$32.4K |
|
1529
RLJ Lodging Trust
RLJ
$1.9B
| $1.12M | ﹤0.01% |
114,179
+56,765
| +99% | +$566K |
|
1530
Universal Corp
UVV
$1.34B
| $1.11M | ﹤0.01% |
23,598
+8,618
| +58% | +$416K |
|
1531
GoDaddy
GDDY
$12.8B
| $1.11M | ﹤0.01% |
14,930
+2,144
| +17% | +$158K |
|
|
INFR
1532
DELISTED
ClearBridge Sustainable Infrastructure ETF
INFR
| $1.11M | ﹤0.01% |
50,000
| – | – |
|
1533
Kyndryl
KD
$2.81B
| $1.11M | ﹤0.01% |
73,249
+20,827
| +40% | +$309K |
|
1534
DHI Group
DHX
$164M
| $1.1M | ﹤0.01% |
360,217
| – | – |
|
1535
iShares ESG Aware MSCI USA ETF
ESGU
$17.7B
| $1.1M | ﹤0.01% |
11,692
+83
| +0.7% | +$8.13K |
|
1536
TransAlta
TAC
$4.25B
| $1.1M | ﹤0.01% |
126,013
-4,602
| -4% | -$44.7K |
|
1537
Scorpio Tankers
STNG
$3.9B
| $1.09M | ﹤0.01% |
20,204
+4,583
| +29% | +$224K |
|
1538
Acushnet Holdings
GOLF
$6.08B
| $1.09M | ﹤0.01% |
20,498
+239
| +1% | +$13.4K |
|
|
CIO
1539
DELISTED
City Office REIT
CIO
| $1.09M | ﹤0.01% |
255,776
-12,621
| -5% | -$64.8K |
|
|
COOP
1540
DELISTED
Mr. Cooper
COOP
| $1.09M | ﹤0.01% |
20,269
-1,065
| -5% | -$58.5K |
|
|
DLA
1541
DELISTED
Delta Apparel Inc.
DLA
| $1.08M | ﹤0.01% |
163,550
-55,283
| -25% | -$448K |
|
1542
Jack Henry & Associates
JKHY
$10.9B
| $1.08M | ﹤0.01% |
7,153
+553
| +8% | +$89.2K |
|
1543
ACV Auctions
ACVA
$1.4B
| $1.08M | ﹤0.01% |
71,158
+16,523
| +30% | +$268K |
|
1544
Cooper Companies
COO
$13.7B
| $1.07M | ﹤0.01% |
13,440
-148
| -1% | -$13.6K |
|
1545
Eagle Bancorp
EGBN
$858M
| $1.07M | ﹤0.01% |
49,780
-1,503
| -3% | -$36.6K |
|
|
DVAX
1546
DELISTED
Dynavax Technologies
DVAX
| $1.06M | ﹤0.01% |
72,057
+2,448
| +4% | +$34.4K |
|
1547
Northwest Natural Holdings
NWN
$2.16B
| $1.06M | ﹤0.01% |
27,788
-1,715
| -6% | -$70.5K |
|
|
LTC
1548
LTC Properties
LTC
$2.15B
| $1.06M | ﹤0.01% |
32,994
-10,036
| -23% | -$331K |
|
1549
iShares ESG Screened S&P Small-Cap ETF
XJR
$186M
| $1.06M | ﹤0.01% |
31,972
+10,565
| +49% | +$371K |
|
1550
Navient
NAVI
$809M
| $1.06M | ﹤0.01% |
61,377
-1,806
| -3% | -$32.5K |
|
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.