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 | |
|---|---|---|---|---|---|---|
1701
St. Joe Company
JOE
$3.54B
| $688K | ﹤0.01% |
12,671
-2,004
| -14% | -$116K |
|
1702
HUB Group
HUBG
$2.92B
| $688K | ﹤0.01% |
17,530
+238
| +1% | +$9.76K |
|
1703
STAAR Surgical
STAA
$1.16B
| $685K | ﹤0.01% |
17,046
+9,074
| +114% | +$425K |
|
1704
PUT
Apple
AAPL
$4.97T
| $685K | ﹤0.01% |
4,000
| – | – |
|
1705
iRhythm Holdings
IRTC
$3.76B
| $685K | ﹤0.01% |
7,263
-95
| -1% | -$9.66K |
|
|
GTLS
1706
DELISTED
Chart Industries
GTLS
| $683K | ﹤0.01% |
4,040
+32
| +0.8% | +$5.38K |
|
1707
iShares Core MSCI Europe ETF
IEUR
$8.8B
| $683K | ﹤0.01% |
13,531
+3,206
| +31% | +$167K |
|
1708
Myriad Genetics
MYGN
$526M
| $683K | ﹤0.01% |
42,571
+324
| +0.8% | +$6.17K |
|
1709
Rush Enterprises Class A
RUSHA
$6.02B
| $683K | ﹤0.01% |
16,722
-2,828
| -14% | -$117K |
|
1710
Commault Systems
CVLT
$6.17B
| $681K | ﹤0.01% |
10,070
-1,038
| -9% | -$73.6K |
|
1711
Empire State Realty Trust
ESRT
$978M
| $681K | ﹤0.01% |
84,655
-6,165
| -7% | -$51.5K |
|
|
ACH
1712
Accendra Health
ACH
$251M
| $678K | ﹤0.01% |
41,975
-1,797
| -4% | -$31.9K |
|
1713
Gulfport Energy Corp
GPOR
$2.79B
| $678K | ﹤0.01% |
5,713
+65
| +1% | +$7.2K |
|
1714
Spotify
SPOT
$102B
| $678K | ﹤0.01% |
4,383
-312
| -7% | -$47.5K |
|
1715
Aurinia Pharmaceuticals
AUPH
$1.99B
| $677K | ﹤0.01% |
87,148
-1,116
| -1% | -$10.9K |
|
1716
VanEck Junior Gold Miners ETF
GDXJ
$7.18B
| $674K | ﹤0.01% |
20,900
| – | – |
|
1717
Victory Capital Holdings
VCTR
$6.18B
| $674K | ﹤0.01% |
20,204
+5,665
| +39% | +$189K |
|
1718
Chord Energy
CHRD
$7.52B
| $672K | ﹤0.01% |
4,147
-10
| -0.2% | -$1.57K |
|
|
HTLF
1719
DELISTED
Heartland Financial USA, Inc.
HTLF
| $670K | ﹤0.01% |
22,757
-879
| -4% | -$27.3K |
|
1720
STMicroelectronics
STM
$46.9B
| $669K | ﹤0.01% |
15,504
+1
| +0% | +$48 |
|
1721
Griffon
GFF
$4.26B
| $668K | ﹤0.01% |
16,839
-496
| -3% | -$20.3K |
|
|
FYBR
1722
DELISTED
Frontier Communications
FYBR
| $667K | ﹤0.01% |
42,640
+4,348
| +11% | +$70.6K |
|
1723
A.O. Smith
AOS
$8.61B
| $666K | ﹤0.01% |
10,078
-978
| -9% | -$69.4K |
|
1724
Equillium
EQ
$163M
| $662K | ﹤0.01% |
895,000
| – | – |
|
1725
Quanterix
QTRX
$177M
| $659K | ﹤0.01% |
24,291
-662
| -3% | -$16.4K |
|
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.