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 | |
|---|---|---|---|---|---|---|
1726
The GEO Group
GEO
$4.11B
| $659K | ﹤0.01% |
80,568
-3,501
| -4% | -$25.6K |
|
1727
ABM Industries
ABM
$2.84B
| $659K | ﹤0.01% |
16,462
-4,227
| -20% | -$183K |
|
1728
Federal Agricultural Mortgage
AGM
$2.27B
| $658K | ﹤0.01% |
4,263
-204
| -5% | -$33K |
|
1729
Werner Enterprises
WERN
$2.41B
| $657K | ﹤0.01% |
16,862
-2,256
| -12% | -$96.8K |
|
1730
DNOW Inc
DNOW
$2.58B
| $655K | ﹤0.01% |
55,212
-14,303
| -21% | -$160K |
|
|
ACLX
1731
DELISTED
Arcellx
ACLX
| $655K | ﹤0.01% |
18,243
+6,143
| +51% | +$212K |
|
|
FOLD
1732
DELISTED
Amicus Therapeutics
FOLD
| $653K | ﹤0.01% |
53,685
+2,163
| +4% | +$27.9K |
|
1733
PagerDuty
PD
$763M
| $652K | ﹤0.01% |
29,000
+114
| +0.4% | +$2.72K |
|
1734
Hanmi Financial
HAFC
$945M
| $650K | ﹤0.01% |
40,032
+8,099
| +25% | +$140K |
|
1735
Cinemark Holdings
CNK
$3.9B
| $649K | ﹤0.01% |
+35,368
| New | +$592K |
|
1736
Cimpress
CMPR
$2.4B
| $644K | ﹤0.01% |
9,202
-82
| -0.9% | -$5.42K |
|
1737
Zillow
Z
$7.46B
| $644K | ﹤0.01% |
13,952
-294
| -2% | -$15.1K |
|
1738
The Greenbrier Companies
GBX
$1.57B
| $644K | ﹤0.01% |
16,093
+4,755
| +42% | +$204K |
|
1739
ITT
ITT
$17.3B
| $643K | ﹤0.01% |
6,570
+3,804
| +138% | +$373K |
|
1740
APi Group
APG
$17.2B
| $642K | ﹤0.01% |
37,142
| – | – |
|
|
VSTO
1741
DELISTED
Vista Outdoor Inc.
VSTO
| $641K | ﹤0.01% |
+19,360
| New | +$571K |
|
1742
MasterBrand
MBC
$1.11B
| $640K | ﹤0.01% |
+52,681
| New | +$646K |
|
1743
Chemours
CC
$2.54B
| $640K | ﹤0.01% |
22,804
-44,240
| -66% | -$1.52M |
|
1744
Hilltop Holdings
HTH
$2.26B
| $640K | ﹤0.01% |
22,551
-38
| -0.2% | -$1.15K |
|
1745
Vanguard ESG International Stock ETF
VSGX
$6.44B
| $635K | ﹤0.01% |
12,591
-313
| -2% | -$16.5K |
|
|
PRMW
1746
DELISTED
Primo Water Corporation
PRMW
| $634K | ﹤0.01% |
45,945
+12,541
| +38% | +$179K |
|
1747
Trustmark
TRMK
$2.72B
| $633K | ﹤0.01% |
+29,135
| New | +$677K |
|
1748
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.84B
| $632K | ﹤0.01% |
6,259
+75
| +1% | +$8.02K |
|
1749
Barrett Business Services
BBSI
$988M
| $631K | ﹤0.01% |
27,968
-3,260
| -10% | -$75.2K |
|
1750
Cohen & Steers
CNS
$4.17B
| $630K | ﹤0.01% |
10,050
-552
| -5% | -$34.9K |
|
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.