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 | |
|---|---|---|---|---|---|---|
1601
Coty
COTY
$2.37B
| $905K | ﹤0.01% |
82,498
-51,106
| -38% | -$602K |
|
1602
The Bancorp
TBBK
$2.82B
| $905K | ﹤0.01% |
26,219
| – | – |
|
1603
Acadia Healthcare
ACHC
$2.98B
| $898K | ﹤0.01% |
12,776
+2,139
| +20% | +$160K |
|
1604
Blackbaud
BLKB
$1.63B
| $890K | ﹤0.01% |
12,657
+174
| +1% | +$12.8K |
|
1605
BlueLinx
BXC
$454M
| $889K | ﹤0.01% |
10,829
-1,224
| -10% | -$108K |
|
|
ODP
1606
DELISTED
ODP
ODP
| $888K | ﹤0.01% |
19,241
+466
| +2% | +$22.4K |
|
1607
Northwest Bancshares
NWBI
$2.27B
| $887K | ﹤0.01% |
86,670
-18,089
| -17% | -$202K |
|
|
AXNX
1608
DELISTED
Axonics, Inc. Common Stock
AXNX
| $886K | ﹤0.01% |
15,795
-884
| -5% | -$49.7K |
|
1609
Sprout Social
SPT
$512M
| $886K | ﹤0.01% |
17,762
-607
| -3% | -$30.4K |
|
1610
Brookfield Infrastructure
BIPC
$4.99B
| $881K | ﹤0.01% |
24,930
+1,921
| +8% | +$79.3K |
|
1611
AtriCure
ATRC
$1.87B
| $881K | ﹤0.01% |
+20,106
| New | +$981K |
|
1612
iShares Semiconductor ETF
SOXX
$42.3B
| $874K | ﹤0.01% |
5,538
+375
| +7% | +$62.4K |
|
1613
Burke & Herbert Financial Services Corp
BHRB
$1.46B
| $868K | ﹤0.01% |
18,690
+3,032
| +19% | +$156K |
|
1614
Vanguard Mid-Cap Value ETF
VOE
$23.8B
| $868K | ﹤0.01% |
6,628
+2,662
| +67% | +$369K |
|
1615
Parsons
PSN
$6.33B
| $867K | ﹤0.01% |
15,961
-374
| -2% | -$19.8K |
|
|
JOYY
1616
JOYY Inc
JOYY
$3.77B
| $867K | ﹤0.01% |
22,737
+16,104
| +243% | +$558K |
|
|
WRK
1617
DELISTED
WestRock Company
WRK
| $866K | ﹤0.01% |
24,202
+1,982
| +9% | +$65K |
|
1618
Full Truck Alliance
YMM
$9.59B
| $865K | ﹤0.01% |
122,914
+8,113
| +7% | +$55.9K |
|
1619
Okta
OKTA
$24.1B
| $865K | ﹤0.01% |
10,615
+202
| +2% | +$15.3K |
|
1620
Antero Midstream
AM
$10.5B
| $864K | ﹤0.01% |
72,115
+12,294
| +21% | +$146K |
|
1621
Gildan
GIL
$9.36B
| $852K | ﹤0.01% |
30,400
-7,108
| -19% | -$213K |
|
|
ETRN
1622
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $848K | ﹤0.01% |
90,498
-58,788
| -39% | -$561K |
|
1623
Virtu Financial
VIRT
$5.16B
| $843K | ﹤0.01% |
48,839
-4,591
| -9% | -$83.4K |
|
1624
International Seaways
INSW
$4.45B
| $841K | ﹤0.01% |
18,691
+8,258
| +79% | +$346K |
|
1625
Provident Financial Services
PFS
$3.12B
| $840K | ﹤0.01% |
54,962
-17,558
| -24% | -$297K |
|
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.