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 | |
|---|---|---|---|---|---|---|
1676
Franklin US Core Dividend Tilt Index ETF
UDIV
$136M
| $745K | ﹤0.01% |
22,525
+2,113
| +10% | +$72.9K |
|
1677
Apple Hospitality REIT
APLE
$3.96B
| $744K | ﹤0.01% |
48,523
-9,116
| -16% | -$139K |
|
1678
Hawkins
HWKN
$2.88B
| $743K | ﹤0.01% |
12,624
+2,818
| +29% | +$153K |
|
|
PETQ
1679
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $740K | ﹤0.01% |
37,582
-6,411
| -15% | -$115K |
|
1680
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.55B
| $735K | ﹤0.01% |
37,961
| – | – |
|
1681
NBT Bancorp
NBTB
$2.73B
| $733K | ﹤0.01% |
23,132
-4,469
| -16% | -$153K |
|
1682
John Wiley & Sons Class A
WLY
$2.6B
| $732K | ﹤0.01% |
19,705
-420
| -2% | -$14.9K |
|
1683
Mine Safety
MSA
$6.74B
| $731K | ﹤0.01% |
4,637
-1,042
| -18% | -$179K |
|
1684
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $725K | ﹤0.01% |
24,041
+342
| +1% | +$10.5K |
|
1685
Kontoor Brands
KTB
$4.73B
| $721K | ﹤0.01% |
16,421
+865
| +6% | +$37.9K |
|
1686
UMB Financial
UMBF
$10.7B
| $721K | ﹤0.01% |
11,620
-212
| -2% | -$13.8K |
|
1687
Ardelyx
ARDX
$1.26B
| $721K | ﹤0.01% |
176,603
+15,401
| +10% | +$60.1K |
|
1688
Schrodinger
SDGR
$1.14B
| $719K | ﹤0.01% |
25,432
+7,525
| +42% | +$303K |
|
1689
City Holding Co
CHCO
$2B
| $718K | ﹤0.01% |
7,946
-10
| -0.1% | -$928 |
|
1690
Bumble
BMBL
$389M
| $718K | ﹤0.01% |
48,116
-916
| -2% | -$15.5K |
|
1691
Wabash National
WNC
$525M
| $713K | ﹤0.01% |
33,767
-3,274
| -9% | -$75.3K |
|
|
WCLD
1692
WisdomTree Cloud Computing Fund
WCLD
$262M
| $713K | ﹤0.01% |
24,067
| – | – |
|
|
DISH
1693
DELISTED
DISH Network Corp.
DISH
| $711K | ﹤0.01% |
121,339
+115,144
| +1,859% | +$785K |
|
1694
AdvanSix
ASIX
$549M
| $709K | ﹤0.01% |
22,814
-2,564
| -10% | -$89K |
|
|
SFBS
1695
ServisFirst Bancshares
SFBS
$4.8B
| $701K | ﹤0.01% |
+13,436
| New | +$711K |
|
1696
IDEAYA Biosciences
IDYA
$3.47B
| $701K | ﹤0.01% |
25,977
+3,717
| +17% | +$94.3K |
|
1697
La-Z-Boy
LZB
$1.61B
| $699K | ﹤0.01% |
22,638
+586
| +3% | +$18K |
|
1698
Jackson Financial
JXN
$8.41B
| $693K | ﹤0.01% |
18,142
-7,529
| -29% | -$263K |
|
1699
Veeco
VECO
$2.89B
| $691K | ﹤0.01% |
+24,592
| New | +$678K |
|
1700
Dana Inc
DAN
$2.91B
| $690K | ﹤0.01% |
47,053
+302
| +0.6% | +$5.04K |
|
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.