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 | |
|---|---|---|---|---|---|---|
|
BRKL
1751
DELISTED
Brookline Bancorp
BRKL
| $628K | ﹤0.01% |
68,958
-18,249
| -21% | -$176K |
|
1752
ArcBest
ARCB
$3.25B
| $627K | ﹤0.01% |
6,170
-1,874
| -23% | -$197K |
|
1753
Usana Health Sciences
USNA
$405M
| $627K | ﹤0.01% |
10,690
-954
| -8% | -$59.6K |
|
1754
Hillman Solutions
HLMN
$1.59B
| $626K | ﹤0.01% |
75,859
+16,729
| +28% | +$152K |
|
1755
Franklin Disruptive Commerce ETF
BUYZ
$4.97M
| $626K | ﹤0.01% |
25,514
| – | – |
|
1756
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $625K | ﹤0.01% |
14,295
-915
| -6% | -$41.6K |
|
1757
National Beverage
FIZZ
$2.91B
| $625K | ﹤0.01% |
13,284
-124
| -0.9% | -$6.25K |
|
|
TXNM
1758
TXNM Energy Inc
TXNM
$6.47B
| $622K | ﹤0.01% |
13,946
-2,182
| -14% | -$97.5K |
|
1759
Chegg
CHGG
$107M
| $622K | ﹤0.01% |
69,714
+14,782
| +27% | +$144K |
|
1760
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$596M
| $621K | ﹤0.01% |
14,576
+1,644
| +13% | +$80.3K |
|
|
SQSP
1761
DELISTED
Squarespace, Inc.
SQSP
| $621K | ﹤0.01% |
21,436
+520
| +2% | +$16K |
|
|
MDRX
1762
DELISTED
Veradigm Inc. Common Stock
MDRX
| $620K | ﹤0.01% |
47,214
-2,667
| -5% | -$35K |
|
1763
Liberty Media Series C
FWONK
$24.7B
| $620K | ﹤0.01% |
9,955
-1,721
| -15% | -$118K |
|
1764
Travel + Leisure Co
TNL
$4.63B
| $620K | ﹤0.01% |
16,884
-25
| -0.1% | -$999 |
|
1765
Grocery Outlet
GO
$930M
| $617K | ﹤0.01% |
21,386
+49
| +0.2% | +$1.56K |
|
1766
NOV
NOV
$7.44B
| $613K | ﹤0.01% |
29,312
-4,383
| -13% | -$87.1K |
|
1767
DHT Holdings
DHT
$2.95B
| $610K | ﹤0.01% |
59,265
-41,102
| -41% | -$385K |
|
1768
Pathward Financial
CASH
$1.83B
| $610K | ﹤0.01% |
13,242
| – | – |
|
1769
California Water Service
CWT
$3.04B
| $609K | ﹤0.01% |
12,867
-7,309
| -36% | -$370K |
|
1770
CorVel
CRVL
$3.12B
| $606K | ﹤0.01% |
9,246
-636
| -6% | -$43.9K |
|
1771
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$39.6B
| $604K | ﹤0.01% |
19,486
| – | – |
|
1772
Qfin Holdings
QFIN
$1.64B
| $602K | ﹤0.01% |
39,167
+13,230
| +51% | +$226K |
|
1773
iShares Core S&P US Growth ETF
IUSG
$31B
| $600K | ﹤0.01% |
6,329
| – | – |
|
1774
Oxford Industries
OXM
$590M
| $600K | ﹤0.01% |
6,242
-250
| -4% | -$25.4K |
|
1775
Ecovyst
ECVT
$1.33B
| $599K | ﹤0.01% |
60,912
-5,758
| -9% | -$61.5K |
|
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.