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 | |
|---|---|---|---|---|---|---|
1651
Apogee Enterprises
APOG
$857M
| $791K | ﹤0.01% |
16,811
-1,558
| -8% | -$75.7K |
|
1652
iShares International Dividend Growth ETF
IGRO
$1.28B
| $791K | ﹤0.01% |
13,331
| – | – |
|
1653
RB Global
RBA
$21.5B
| $791K | ﹤0.01% |
12,627
-5,758
| -31% | -$355K |
|
1654
Par Pacific Holdings
PARR
$3.93B
| $788K | ﹤0.01% |
21,921
-6
| -0% | -$197 |
|
1655
Franklin FTSE Europe ETF
FLEE
$116M
| $787K | ﹤0.01% |
30,925
+30,001
| +3,247% | +$798K |
|
1656
Madison Square Garden
MSGS
$9.5B
| $784K | ﹤0.01% |
4,447
-14,856
| -77% | -$2.8M |
|
1657
Carnival Corporation Ltd
CCL
$36.7B
| $784K | ﹤0.01% |
57,114
+1,531
| +3% | +$25.4K |
|
1658
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.5B
| $783K | ﹤0.01% |
14,920
+14,715
| +7,178% | +$804K |
|
|
KW
1659
DELISTED
Kennedy-Wilson Holdings
KW
| $783K | ﹤0.01% |
+53,117
| New | +$859K |
|
1660
Customers Bancorp
CUBI
$2.65B
| $773K | ﹤0.01% |
22,440
-1,723
| -7% | -$62.3K |
|
|
SASR
1661
DELISTED
Sandy Spring Bancorp Inc
SASR
| $773K | ﹤0.01% |
36,069
-17,245
| -32% | -$394K |
|
1662
Shinhan Financial Group
SHG
$33.4B
| $772K | ﹤0.01% |
29,136
-171
| -0.6% | -$4.58K |
|
1663
iShares USD Green Bond ETF
BGRN
$497M
| $772K | ﹤0.01% |
17,100
+155
| +0.9% | +$7.11K |
|
1664
Clear Secure
YOU
$5.41B
| $766K | ﹤0.01% |
40,206
+27,205
| +209% | +$603K |
|
1665
Urban Outfitters
URBN
$6.19B
| $762K | ﹤0.01% |
23,316
-511
| -2% | -$17.5K |
|
1666
Covenant Logistics
CVLG
$1.11B
| $761K | ﹤0.01% |
34,702
-6,220
| -15% | -$151K |
|
1667
AXT Inc
AXTI
$3.06B
| $761K | ﹤0.01% |
316,900
| – | – |
|
1668
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.66B
| $760K | ﹤0.01% |
40,448
| – | – |
|
1669
Vericel Corp
VCEL
$2.33B
| $759K | ﹤0.01% |
22,654
-546
| -2% | -$18.9K |
|
1670
Western Digital
WDC
$168B
| $755K | ﹤0.01% |
21,882
-334
| -2% | -$10.5K |
|
1671
KeyCorp
KEY
$24.1B
| $755K | ﹤0.01% |
70,124
-15,833
| -18% | -$175K |
|
1672
MPLX
MPLX
$59.6B
| $754K | ﹤0.01% |
21,210
| – | – |
|
1673
CarGurus
CARG
$3.17B
| $753K | ﹤0.01% |
42,994
-7,130
| -14% | -$141K |
|
1674
WaFd
WAFD
$2.7B
| $753K | ﹤0.01% |
29,386
-2,128
| -7% | -$59.5K |
|
1675
Huntington Ingalls Industries
HII
$11.3B
| $751K | ﹤0.01% |
3,672
+167
| +5% | +$36.9K |
|
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.