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 | |
|---|---|---|---|---|---|---|
1626
NetEase
NTES
$79.3B
| $833K | ﹤0.01% |
8,316
+26
| +0.3% | +$2.67K |
|
1627
Kadant
KAI
$3.66B
| $829K | ﹤0.01% |
3,676
+695
| +23% | +$150K |
|
1628
Simpson Manufacturing
SSD
$7.93B
| $826K | ﹤0.01% |
5,516
+1,064
| +24% | +$162K |
|
1629
SandRidge Energy
SD
$499M
| $825K | ﹤0.01% |
52,678
-11,658
| -18% | -$187K |
|
1630
PagSeguro Digital
PAGS
$2.62B
| $825K | ﹤0.01% |
+95,778
| New | +$901K |
|
1631
First American
FAF
$7.8B
| $824K | ﹤0.01% |
14,593
-76,020
| -84% | -$4.56M |
|
|
BERY
1632
DELISTED
Berry Global Group, Inc.
BERY
| $821K | ﹤0.01% |
14,438
+2,204
| +18% | +$130K |
|
1633
Westamerica Bancorp
WABC
$1.38B
| $820K | ﹤0.01% |
18,964
-13,231
| -41% | -$591K |
|
1634
Element Solutions
ESI
$9B
| $820K | ﹤0.01% |
41,822
+2,001
| +5% | +$39.7K |
|
1635
Herbalife
HLF
$1.25B
| $818K | ﹤0.01% |
58,472
+42,846
| +274% | +$648K |
|
1636
Ligand Pharmaceuticals
LGND
$5.96B
| $817K | ﹤0.01% |
13,628
+4,191
| +44% | +$276K |
|
|
NINE
1637
DELISTED
Nine Energy Service
NINE
| $816K | ﹤0.01% |
198,058
| – | – |
|
|
BSCO
1638
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $814K | ﹤0.01% |
39,360
| – | – |
|
1639
Arlo Technologies
ARLO
$1.5B
| $814K | ﹤0.01% |
78,984
-9,582
| -11% | -$102K |
|
1640
Veracyte
VCYT
$4.45B
| $812K | ﹤0.01% |
36,344
-1,394
| -4% | -$35.8K |
|
|
CNR
1641
Core Natural Resources Inc
CNR
$4.16B
| $809K | ﹤0.01% |
7,708
+575
| +8% | +$47K |
|
1642
First Merchants
FRME
$2.69B
| $807K | ﹤0.01% |
29,000
-802
| -3% | -$24K |
|
1643
State Street Health Care Select Sector SPDR ETF
XLV
$42.3B
| $806K | ﹤0.01% |
6,263
-37
| -0.6% | -$4.91K |
|
1644
TAL Education Group
TAL
$5.89B
| $804K | ﹤0.01% |
88,299
+1,339
| +2% | +$9.39K |
|
1645
iShares US Technology ETF
IYW
$23.3B
| $802K | ﹤0.01% |
7,644
| – | – |
|
1646
News Corp Class A
NWSA
$14.8B
| $799K | ﹤0.01% |
39,845
+18,459
| +86% | +$374K |
|
1647
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $796K | ﹤0.01% |
+7,950
| New | +$793K |
|
1648
Supernus Pharmaceuticals
SUPN
$2.75B
| $795K | ﹤0.01% |
28,818
-387
| -1% | -$11.8K |
|
1649
US Foods
USFD
$21.8B
| $794K | ﹤0.01% |
19,996
+9,311
| +87% | +$386K |
|
1650
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.65B
| $792K | ﹤0.01% |
12,476
| – | – |
|
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.