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 | |
|---|---|---|---|---|---|---|
|
AMWD
1551
DELISTED
American Woodmark
AMWD
| $1.05M | ﹤0.01% |
13,947
-1,196
| -8% | -$89.9K |
|
1552
Stride
LRN
$3.83B
| $1.05M | ﹤0.01% |
23,339
+6,404
| +38% | +$260K |
|
1553
AB InBev
BUD
$156B
| $1.05M | ﹤0.01% |
18,938
+501
| +3% | +$28.4K |
|
1554
Candel Therapeutics
CADL
$731M
| $1.05M | ﹤0.01% |
1,125,000
| – | – |
|
1555
Prestige Consumer Healthcare
PBH
$2.39B
| $1.05M | ﹤0.01% |
18,293
+284
| +2% | +$17.2K |
|
1556
Preferred Bank
PFBC
$1.23B
| $1.04M | ﹤0.01% |
16,735
-2,773
| -14% | -$173K |
|
1557
Axos Financial
AX
$5.45B
| $1.04M | ﹤0.01% |
27,394
-37
| -0.1% | -$1.56K |
|
1558
Acadia Pharmaceuticals
ACAD
$4.35B
| $1.03M | ﹤0.01% |
49,602
+2,198
| +5% | +$59.7K |
|
1559
Lennar Class B
LEN.B
$20.1B
| $1.02M | ﹤0.01% |
10,454
-423
| -4% | -$44.1K |
|
1560
Kanzhun
BZ
$7.02B
| $1.02M | ﹤0.01% |
66,932
+4,896
| +8% | +$76.8K |
|
1561
S&T Bancorp
STBA
$1.88B
| $1.01M | ﹤0.01% |
37,445
-4,595
| -11% | -$133K |
|
1562
Photronics
PLAB
$1.76B
| $1.01M | ﹤0.01% |
50,138
-4,582
| -8% | -$107K |
|
1563
Skywest
SKYW
$4.37B
| $1.01M | ﹤0.01% |
24,087
| – | – |
|
1564
CNA Financial
CNA
$14.6B
| $1.01M | ﹤0.01% |
25,650
-1,493
| -6% | -$59K |
|
|
JWN
1565
DELISTED
Nordstrom
JWN
| $1.01M | ﹤0.01% |
67,414
-1,313
| -2% | -$24.1K |
|
1566
iShares MSCI Emerging Markets ex China ETF
EMXC
$23.4B
| $1M | ﹤0.01% |
+20,156
| New | +$1.05M |
|
1567
AMN Healthcare
AMN
$1.3B
| $998K | ﹤0.01% |
11,720
-374
| -3% | -$35.5K |
|
1568
iShares ESG Optimized MSCI USA ETF
SUSA
$3.99B
| $996K | ﹤0.01% |
11,069
+1,061
| +11% | +$99.8K |
|
1569
Concentrix
CNXC
$1.5B
| $994K | ﹤0.01% |
12,408
+1,477
| +14% | +$116K |
|
1570
Huron Consulting
HURN
$1.89B
| $993K | ﹤0.01% |
9,531
-1,263
| -12% | -$120K |
|
1571
California Resources
CRC
$4.51B
| $989K | ﹤0.01% |
17,651
-2,222
| -11% | -$118K |
|
1572
Beazer Homes USA
BZH
$902M
| $988K | ﹤0.01% |
39,657
-13,023
| -25% | -$376K |
|
1573
OSI Systems
OSIS
$3.58B
| $986K | ﹤0.01% |
8,357
+915
| +12% | +$110K |
|
1574
LivaNova
LIVN
$4.43B
| $979K | ﹤0.01% |
18,511
-559
| -3% | -$30.6K |
|
1575
Varonis Systems
VRNS
$5.36B
| $979K | ﹤0.01% |
32,045
-2,880
| -8% | -$85.1K |
|
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.