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 | |
|---|---|---|---|---|---|---|
1851
Central Garden & Pet Co Class A
CENTA
$2.41B
| $509K | ﹤0.01% |
15,859
-6,757
| -30% | -$215K |
|
|
VTLE
1852
DELISTED
Vital Energy
VTLE
| $508K | ﹤0.01% |
9,173
+7
| +0.1% | +$376 |
|
1853
Forestar Group
FOR
$1.44B
| $508K | ﹤0.01% |
18,845
+7,446
| +65% | +$205K |
|
1854
Astrana Health
ASTH
$2B
| $505K | ﹤0.01% |
16,354
+1,599
| +11% | +$55.2K |
|
1855
iShares Ultra Short Duration Bond Active ETF
ICSH
$7.97B
| $504K | ﹤0.01% |
+10,000
| New | +$503K |
|
1856
Nordic American Tanker
NAT
$1.37B
| $504K | ﹤0.01% |
122,220
| – | – |
|
1857
United Natural Foods
UNFI
$3.01B
| $502K | ﹤0.01% |
35,487
+9,580
| +37% | +$187K |
|
1858
JELD-WEN Holding
JELD
$94.8M
| $501K | ﹤0.01% |
37,503
+55
| +0.1% | +$862 |
|
1859
MINISO
MNSO
$3.64B
| $499K | ﹤0.01% |
19,267
-21,256
| -52% | -$474K |
|
1860
Shutterstock
SSTK
$205M
| $498K | ﹤0.01% |
13,086
-839
| -6% | -$37.6K |
|
1861
Dorman Products
DORM
$4.01B
| $497K | ﹤0.01% |
6,558
-297
| -4% | -$24.2K |
|
1862
MiMedx Group
MDXG
$626M
| $497K | ﹤0.01% |
68,108
+10,020
| +17% | +$74.6K |
|
1863
Marten Transport
MRTN
$1.33B
| $494K | ﹤0.01% |
25,071
-4,037
| -14% | -$85.4K |
|
1864
Twilio
TWLO
$29.1B
| $493K | ﹤0.01% |
8,428
-32
| -0.4% | -$1.99K |
|
1865
PAR Technology
PAR
$637M
| $493K | ﹤0.01% |
12,795
+106
| +0.8% | +$4.01K |
|
1866
Alaska Air
ALK
$5.15B
| $493K | ﹤0.01% |
13,298
+4,709
| +55% | +$213K |
|
1867
Caesars Entertainment
CZR
$6.1B
| $493K | ﹤0.01% |
10,638
+351
| +3% | +$18.6K |
|
1868
FTI Consulting
FCN
$4.82B
| $492K | ﹤0.01% |
2,759
-3,795
| -58% | -$707K |
|
1869
Ollie's Bargain Outlet
OLLI
$4.01B
| $491K | ﹤0.01% |
6,356
-1,363
| -18% | -$99.4K |
|
1870
Orthofix Medical
OFIX
$455M
| $490K | ﹤0.01% |
38,139
-130,538
| -77% | -$2.35M |
|
1871
MillerKnoll
MLKN
$1.5B
| $490K | ﹤0.01% |
20,035
+4,938
| +33% | +$92.4K |
|
1872
Pricesmart
PSMT
$5.75B
| $489K | ﹤0.01% |
6,566
+3,692
| +128% | +$285K |
|
1873
Magnite
MGNI
$2.65B
| $488K | ﹤0.01% |
64,749
+6
| +0% | +$65 |
|
1874
DocGo
DCGO
$58.9M
| $488K | ﹤0.01% |
91,570
+24,324
| +36% | +$197K |
|
1875
Sally Beauty Holdings
SBH
$1.4B
| $487K | ﹤0.01% |
58,145
-98
| -0.2% | -$1.04K |
|
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.