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 | |
|---|---|---|---|---|---|---|
1776
Madison Square Garden
MSGE
$3.62B
| $597K | ﹤0.01% |
18,150
+4,020
| +28% | +$133K |
|
1777
A10 Networks
ATEN
$2.46B
| $596K | ﹤0.01% |
39,633
-6,118
| -13% | -$90.6K |
|
1778
Clearwater Paper
CLW
$274M
| $593K | ﹤0.01% |
16,355
-3,110
| -16% | -$108K |
|
1779
G-III Apparel Group
GIII
$1.52B
| $591K | ﹤0.01% |
+23,721
| New | +$507K |
|
1780
ProPetro Holding
PUMP
$1.38B
| $591K | ﹤0.01% |
55,604
+4,961
| +10% | +$49.2K |
|
1781
Park National Corp
PRK
$3.43B
| $590K | ﹤0.01% |
6,246
-1,500
| -19% | -$155K |
|
|
TGH
1782
DELISTED
Textainer Group Holdings limited
TGH
| $590K | ﹤0.01% |
+15,837
| New | +$633K |
|
1783
Orion
OEC
$383M
| $583K | ﹤0.01% |
27,420
-980
| -3% | -$21.4K |
|
|
OSG
1784
Octave Specialty Group
OSG
$258M
| $583K | ﹤0.01% |
48,339
-4,808
| -9% | -$64.6K |
|
1785
Heritage Financial
HFWA
$1.23B
| $583K | ﹤0.01% |
35,735
-4,586
| -11% | -$80K |
|
1786
Towne Bank
TOWN
$3.43B
| $581K | ﹤0.01% |
25,356
-1,368
| -5% | -$32.9K |
|
1787
Innoviva
INVA
$1.59B
| $581K | ﹤0.01% |
44,731
+25,828
| +137% | +$335K |
|
1788
Service Corp International
SCI
$11.5B
| $581K | ﹤0.01% |
10,165
-10,893
| -52% | -$688K |
|
1789
Manitowoc
MTW
$521M
| $581K | ﹤0.01% |
38,588
-2,326
| -6% | -$39K |
|
1790
Constellium
CSTM
$3.98B
| $579K | ﹤0.01% |
31,787
+21,606
| +212% | +$381K |
|
1791
Titan International
TWI
$523M
| $578K | ﹤0.01% |
43,023
-11,052
| -20% | -$135K |
|
1792
Matthews International
MATW
$878M
| $577K | ﹤0.01% |
14,839
-248
| -2% | -$10.7K |
|
1793
Sphere Entertainment
SPHR
$4.95B
| $575K | ﹤0.01% |
15,483
| – | – |
|
1794
Cars.com
CARS
$662M
| $574K | ﹤0.01% |
34,024
| – | – |
|
1795
Cannae Holdings
CNNE
$660M
| $574K | ﹤0.01% |
30,770
-3,200
| -9% | -$63.1K |
|
1796
VanEck Agribusiness ETF
MOO
$987M
| $573K | ﹤0.01% |
7,287
| – | – |
|
|
MRC
1797
DELISTED
MRC Global
MRC
| $571K | ﹤0.01% |
55,678
+6,706
| +14% | +$67.4K |
|
1798
Cavco Industries
CVCO
$4.45B
| $569K | ﹤0.01% |
2,142
-165
| -7% | -$46.3K |
|
1799
Golar LNG
GLNG
$4.88B
| $569K | ﹤0.01% |
23,440
-6,102
| -21% | -$141K |
|
1800
Bloom Energy
BE
$51.8B
| $568K | ﹤0.01% |
42,844
-199
| -0.5% | -$3.12K |
|
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.