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 | |
|---|---|---|---|---|---|---|
1826
iShares US Treasury Bond ETF
GOVT
$43.8B
| $541K | ﹤0.01% |
24,542
-393
| -2% | -$8.85K |
|
1827
iShares MSCI EAFE Growth ETF
EFG
$16.4B
| $540K | ﹤0.01% |
6,263
+2,250
| +56% | +$207K |
|
1828
International Money Express
IMXI
$389M
| $540K | ﹤0.01% |
31,885
-5,674
| -15% | -$114K |
|
1829
Hayward Holdings
HAYW
$3.17B
| $537K | ﹤0.01% |
38,115
+23,346
| +158% | +$320K |
|
1830
Perion Network
PERI
$373M
| $536K | ﹤0.01% |
17,501
-3,558
| -17% | -$119K |
|
1831
Hain Celestial
HAIN
$46.7M
| $536K | ﹤0.01% |
51,670
+4,166
| +9% | +$48.1K |
|
1832
Alpha and Omega Semiconductor
AOSL
$898M
| $534K | ﹤0.01% |
17,886
-1,920
| -10% | -$59.7K |
|
|
HARP
1833
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $533K | ﹤0.01% |
132,327
-2
| -0% | -$15 |
|
1834
Merit Medical Systems
MMSI
$4.54B
| $533K | ﹤0.01% |
7,718
+713
| +10% | +$51.3K |
|
|
AIRC
1835
DELISTED
Apartment Income REIT Corp.
AIRC
| $532K | ﹤0.01% |
17,336
+10,048
| +138% | +$341K |
|
1836
Viking Therapeutics
VKTX
$4.14B
| $528K | ﹤0.01% |
47,738
-11,110
| -19% | -$159K |
|
1837
Diamondrock Hospitality Co
DRH
$2.66B
| $528K | ﹤0.01% |
65,805
-14,056
| -18% | -$113K |
|
1838
Antero Resources
AR
$10.6B
| $527K | ﹤0.01% |
20,771
-1,056
| -5% | -$27.2K |
|
1839
Upbound Group
UPBD
$1.21B
| $525K | ﹤0.01% |
17,824
+855
| +5% | +$26.7K |
|
1840
Caleres
CAL
$411M
| $524K | ﹤0.01% |
18,213
+40
| +0.2% | +$1.06K |
|
1841
DaVita
DVA
$15.3B
| $524K | ﹤0.01% |
5,541
+186
| +3% | +$19K |
|
1842
Transmedics
TMDX
$2.52B
| $523K | ﹤0.01% |
9,547
-349
| -4% | -$25.1K |
|
1843
Carvana
CVNA
$45.7B
| $519K | ﹤0.01% |
61,760
-25,105
| -29% | -$216K |
|
1844
Blackstone Mortgage Trust
BXMT
$2.85B
| $518K | ﹤0.01% |
23,814
-8,450
| -26% | -$187K |
|
1845
Fidelity MSCI Information Technology Index ETF
FTEC
$19.7B
| $518K | ﹤0.01% |
4,213
| – | – |
|
1846
Malibu Boats
MBUU
$555M
| $518K | ﹤0.01% |
10,564
+255
| +2% | +$13.7K |
|
1847
Unifirst Corp
UNF
$5.34B
| $517K | ﹤0.01% |
3,172
+174
| +6% | +$28.8K |
|
|
SCS
1848
DELISTED
Steelcase
SCS
| $516K | ﹤0.01% |
46,195
+1,374
| +3% | +$12K |
|
1849
British American Tobacco
BTI
$131B
| $515K | ﹤0.01% |
16,382
+600
| +4% | +$19.8K |
|
1850
Collegium Pharmaceutical
COLL
$1.16B
| $510K | ﹤0.01% |
22,801
+4,357
| +24% | +$99.4K |
|
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.