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 | |
|---|---|---|---|---|---|---|
1876
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.56B
| $487K | ﹤0.01% |
11,332
+418
| +4% | +$18.8K |
|
|
SIX
1877
DELISTED
Six Flags Entertainment Corp.
SIX
| $486K | ﹤0.01% |
20,678
-15,422
| -43% | -$364K |
|
1878
Exponent
EXPO
$2.98B
| $486K | ﹤0.01% |
5,675
-5,354
| -49% | -$484K |
|
|
SMAR
1879
DELISTED
Smartsheet Inc.
SMAR
| $485K | ﹤0.01% |
11,996
-1,831
| -13% | -$75.1K |
|
1880
Viasat
VSAT
$9.79B
| $478K | ﹤0.01% |
+25,867
| New | +$740K |
|
1881
WisdomTree
WT
$2.97B
| $476K | ﹤0.01% |
67,956
| – | – |
|
1882
KB Home
KBH
$3.48B
| $475K | ﹤0.01% |
10,271
+5,774
| +128% | +$294K |
|
1883
Valvoline
VVV
$4.97B
| $473K | ﹤0.01% |
14,656
-24,314
| -62% | -$855K |
|
1884
Coinbase
COIN
$41.7B
| $472K | ﹤0.01% |
6,291
+552
| +10% | +$46.5K |
|
|
AGNT
1885
AGNT Inc
AGNT
$665M
| $472K | ﹤0.01% |
+29,082
| New | +$600K |
|
1886
National Vision
EYE
$1.6B
| $472K | ﹤0.01% |
29,186
+1,072
| +4% | +$21.5K |
|
|
CCF
1887
DELISTED
Chase Corporation
CCF
| $472K | ﹤0.01% |
3,709
-135
| -4% | -$16.9K |
|
|
ECHO
1888
EchoStar
ECHO
$25.5B
| $471K | ﹤0.01% |
28,109
-2,998
| -10% | -$56.7K |
|
1889
Baytex Energy
BTE
$3.08B
| $471K | ﹤0.01% |
106,749
-71,876
| -40% | -$282K |
|
|
MFA
1890
MFA Financial
MFA
$929M
| $470K | ﹤0.01% |
48,919
| – | – |
|
1891
iShares ESG Aware US Aggregate Bond ETF
EAGG
$4.96B
| $469K | ﹤0.01% |
10,355
-670
| -6% | -$31.1K |
|
1892
OceanFirst Financial
OCFC
$1.7B
| $469K | ﹤0.01% |
32,416
+685
| +2% | +$11.5K |
|
1893
Utz Brands
UTZ
$1.25B
| $469K | ﹤0.01% |
34,903
| – | – |
|
1894
Medifast
MED
$108M
| $469K | ﹤0.01% |
6,261
+243
| +4% | +$21.6K |
|
|
AHRT
1895
AH Realty Trust
AHRT
$534M
| $467K | ﹤0.01% |
45,601
-6,378
| -12% | -$74K |
|
1896
CVR Energy
CVI
$3.36B
| $467K | ﹤0.01% |
13,712
+279
| +2% | +$9.53K |
|
1897
Marcus Corp
MCS
$732M
| $466K | ﹤0.01% |
30,054
-4,095
| -12% | -$63K |
|
1898
Bentley Systems
BSY
$9.54B
| $465K | ﹤0.01% |
9,269
+532
| +6% | +$26.8K |
|
1899
Xometry
XMTR
$4.77B
| $465K | ﹤0.01% |
27,362
-491
| -2% | -$9.29K |
|
1900
Core & Main
CNM
$8.17B
| $464K | ﹤0.01% |
16,095
-14,370
| -47% | -$443K |
|
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.