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 | |
|---|---|---|---|---|---|---|
1576
Helen of Troy
HELE
$658M
| $968K | ﹤0.01% |
8,304
+739
| +10% | +$92K |
|
1577
iShares Global REIT ETF
REET
$5.16B
| $966K | ﹤0.01% |
45,648
| – | – |
|
1578
Teekay Tankers
TNK
$2.63B
| $962K | ﹤0.01% |
23,119
-1,857
| -7% | -$75.9K |
|
1579
Verra Mobility
VRRM
$636M
| $961K | ﹤0.01% |
51,376
+7,622
| +17% | +$148K |
|
1580
Valaris
VAL
$5.43B
| $960K | ﹤0.01% |
12,802
+5,381
| +73% | +$395K |
|
|
BLD
1581
DELISTED
TopBuild
BLD
| $960K | ﹤0.01% |
3,815
-986
| -21% | -$272K |
|
1582
Consolidated Water Co
CWCO
$472M
| $960K | ﹤0.01% |
33,744
-6,838
| -17% | -$169K |
|
1583
O-I Glass
OI
$1.41B
| $958K | ﹤0.01% |
57,271
-4,734
| -8% | -$95.3K |
|
1584
ePlus
PLUS
$2.33B
| $956K | ﹤0.01% |
15,056
-1,932
| -11% | -$119K |
|
1585
Kosmos Energy
KOS
$1.45B
| $950K | ﹤0.01% |
116,120
-5,942
| -5% | -$42.1K |
|
1586
SES AI
SES
$205M
| $949K | ﹤0.01% |
418,157
| – | – |
|
1587
Crocs
CROX
$6.69B
| $949K | ﹤0.01% |
10,757
-7,566
| -41% | -$778K |
|
1588
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $947K | ﹤0.01% |
12,601
+130
| +1% | +$9.8K |
|
1589
ATN International
ATNI
$364M
| $942K | ﹤0.01% |
29,858
+283
| +1% | +$10.1K |
|
1590
Reynolds Consumer Products
REYN
$5.37B
| $939K | ﹤0.01% |
36,655
-2,075
| -5% | -$56.5K |
|
1591
Northern Oil and Gas
NOG
$2.21B
| $934K | ﹤0.01% |
23,218
+711
| +3% | +$28K |
|
1592
TriNet
TNET
$2.94B
| $930K | ﹤0.01% |
7,980
+1,594
| +25% | +$168K |
|
1593
Etsy
ETSY
$7.96B
| $929K | ﹤0.01% |
14,382
-2,830
| -16% | -$223K |
|
1594
Coca-Cola Consolidated
COKE
$12.4B
| $925K | ﹤0.01% |
14,540
-2,520
| -15% | -$168K |
|
1595
Xerox
XRX
$357M
| $917K | ﹤0.01% |
58,429
-45,648
| -44% | -$721K |
|
1596
Standex International
SXI
$3.75B
| $914K | ﹤0.01% |
6,276
+171
| +3% | +$25.5K |
|
1597
Citi Trends
CTRN
$543M
| $914K | ﹤0.01% |
+41,123
| New | +$841K |
|
1598
Archrock
AROC
$6.26B
| $911K | ﹤0.01% |
72,338
-3,497
| -5% | -$41.9K |
|
1599
Vodafone
VOD
$36.4B
| $907K | ﹤0.01% |
95,703
+8,926
| +10% | +$84.5K |
|
1600
Perdoceo Education
PRDO
$1.99B
| $906K | ﹤0.01% |
52,957
-2,983
| -5% | -$45.4K |
|
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.