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 | |
|---|---|---|---|---|---|---|
1901
ANI Pharmaceuticals
ANIP
$1.77B
| $464K | ﹤0.01% |
7,986
+576
| +8% | +$33.2K |
|
1902
Kiniksa Pharmaceuticals
KNSA
$4.83B
| $463K | ﹤0.01% |
26,652
-2,452
| -8% | -$41.3K |
|
1903
West Fraser Timber
WFG
$5.18B
| $463K | ﹤0.01% |
6,376
-4,715
| -43% | -$371K |
|
|
XIFR
1904
XPLR Infrastructure LP
XIFR
$1.18B
| $463K | ﹤0.01% |
+15,579
| New | +$789K |
|
1905
John B. Sanfilippo & Son
JBSS
$949M
| $461K | ﹤0.01% |
4,667
-734
| -14% | -$77.2K |
|
|
MLNK
1906
DELISTED
MeridianLink
MLNK
| $460K | ﹤0.01% |
26,972
+4,158
| +18% | +$78.5K |
|
1907
AtaiBeckley Inc
ATAI
$2.66B
| $460K | ﹤0.01% |
356,357
| – | – |
|
1908
Box
BOX
$4.02B
| $459K | ﹤0.01% |
18,969
-2,152
| -10% | -$61.5K |
|
1909
Sweetgreen
SG
$713M
| $459K | ﹤0.01% |
39,058
| – | – |
|
|
NWLI
1910
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $458K | ﹤0.01% |
1,046
+35
| +3% | +$15.4K |
|
|
CCRN
1911
DELISTED
Cross Country Healthcare
CCRN
| $457K | ﹤0.01% |
18,422
-2,245
| -11% | -$56.5K |
|
1912
MannKind Corp
MNKD
$1.28B
| $456K | ﹤0.01% |
110,452
-14,733
| -12% | -$66.2K |
|
1913
Minerals Technologies
MTX
$2.31B
| $456K | ﹤0.01% |
8,323
-201,927
| -96% | -$11.5M |
|
1914
SiriusPoint
SPNT
$2.98B
| $453K | ﹤0.01% |
44,552
-28
| -0.1% | -$280 |
|
1915
Option Care Health
OPCH
$3.4B
| $453K | ﹤0.01% |
13,997
-1,724
| -11% | -$58.1K |
|
1916
Annaly Capital Management
NLY
$16.9B
| $453K | ﹤0.01% |
24,072
+108
| +0.5% | +$2.15K |
|
|
PPLI
1917
People Inc
PPLI
$3.1B
| $453K | ﹤0.01% |
10,950
-1,837
| -14% | -$89.1K |
|
1918
Midland States Bancorp
MSBI
$669M
| $452K | ﹤0.01% |
22,013
+7,044
| +47% | +$155K |
|
|
VBTX
1919
DELISTED
Veritex Holdings
VBTX
| $452K | ﹤0.01% |
25,169
-35
| -0.1% | -$675 |
|
1920
Southside Bancshares
SBSI
$1.02B
| $452K | ﹤0.01% |
+15,738
| New | +$469K |
|
1921
State Street SPDR Dow Jones REIT ETF
RWR
$1.93B
| $452K | ﹤0.01% |
5,444
+677
| +14% | +$60.8K |
|
1922
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.22B
| $449K | ﹤0.01% |
6,883
+3,298
| +92% | +$222K |
|
1923
Star Bulk Carriers
SBLK
$3.14B
| $447K | ﹤0.01% |
23,162
+3,140
| +16% | +$55.9K |
|
|
OPI
1924
DELISTED
Office Properties Income Trust
OPI
| $447K | ﹤0.01% |
108,914
-82,633
| -43% | -$573K |
|
1925
BJ's Restaurants
BJRI
$1.41B
| $446K | ﹤0.01% |
19,022
+8,784
| +86% | +$270K |
|
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.