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 | |
|---|---|---|---|---|---|---|
1801
RPC Inc
RES
$1.24B
| $567K | ﹤0.01% |
63,417
-6,797
| -10% | -$56.7K |
|
1802
Wyndham Hotels & Resorts
WH
$5.46B
| $567K | ﹤0.01% |
8,150
-3
| -0% | -$223 |
|
1803
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $565K | ﹤0.01% |
6,173
-901
| -13% | -$85K |
|
1804
Orion Group Holdings
ORN
$514M
| $565K | ﹤0.01% |
105,382
-7,544
| -7% | -$29.9K |
|
1805
Liberty Latin America Class C
LILAK
$1.5B
| $565K | ﹤0.01% |
76,123
+310
| +0.4% | +$2.39K |
|
1806
Fox Factory Holding Corp
FOXF
$776M
| $564K | ﹤0.01% |
5,697
-5
| -0.1% | -$535 |
|
1807
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $563K | ﹤0.01% |
6,948
-9,200
| -57% | -$745K |
|
1808
Royal Gold
RGLD
$17.1B
| $562K | ﹤0.01% |
5,284
+64
| +1% | +$7.28K |
|
|
DFUS
1809
Dimensional US Equity ETF
DFUS
$20.6B
| $560K | ﹤0.01% |
12,022
+41
| +0.3% | +$1.98K |
|
1810
RELX
RELX
$60.1B
| $558K | ﹤0.01% |
16,548
+1,528
| +10% | +$50.5K |
|
1811
Yext
YEXT
$501M
| $556K | ﹤0.01% |
87,872
-10,231
| -10% | -$87.5K |
|
1812
Adeia
ADEA
$2.86B
| $556K | ﹤0.01% |
52,047
| – | – |
|
1813
Coupang
CPNG
$27.8B
| $556K | ﹤0.01% |
32,685
+5,666
| +21% | +$102K |
|
|
TPIC
1814
DELISTED
TPI Composites
TPIC
| $555K | ﹤0.01% |
209,326
-87,545
| -29% | -$536K |
|
1815
Whirlpool
WHR
$2.42B
| $551K | ﹤0.01% |
4,120
+40
| +1% | +$5.65K |
|
1816
Virtus Investment Partners
VRTS
$1.11B
| $550K | ﹤0.01% |
2,725
+1
| +0% | +$204 |
|
|
AVTA
1817
DELISTED
Avantax, Inc. Common Stock
AVTA
| $550K | ﹤0.01% |
21,507
-2,233
| -9% | -$53K |
|
|
HT
1818
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $549K | ﹤0.01% |
55,711
-14,239
| -20% | -$109K |
|
1819
Sylvamo
SLVM
$1.52B
| $549K | ﹤0.01% |
12,489
-425
| -3% | -$18.3K |
|
1820
Choice Hotels
CHH
$5.03B
| $548K | ﹤0.01% |
4,475
+920
| +26% | +$116K |
|
1821
Credo Technology Group
CRDO
$39.7B
| $548K | ﹤0.01% |
35,912
| – | – |
|
1822
Buckle
BKE
$2.19B
| $547K | ﹤0.01% |
16,395
+533
| +3% | +$18.7K |
|
|
PENG
1823
Penguin Solutions Inc
PENG
$2.76B
| $543K | ﹤0.01% |
22,305
| – | – |
|
|
ZEUS
1824
DELISTED
Olympic Steel
ZEUS
| $543K | ﹤0.01% |
9,661
-1,168
| -11% | -$60.4K |
|
1825
Trupanion
TRUP
$1.05B
| $542K | ﹤0.01% |
+19,221
| New | +$546K |
|
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.