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 | |
|---|---|---|---|---|---|---|
|
NXGN
1951
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $423K | ﹤0.01% |
17,822
-3,409
| -16% | -$64.2K |
|
1952
Dycom Industries
DY
$12.9B
| $422K | ﹤0.01% |
4,744
-1,158
| -20% | -$116K |
|
|
RWT
1953
Redwood Trust
RWT
$616M
| $422K | ﹤0.01% |
59,156
+113
| +0.2% | +$832 |
|
1954
Magnolia Oil & Gas
MGY
$5.83B
| $421K | ﹤0.01% |
18,394
+202
| +1% | +$4.51K |
|
1955
Vermilion Energy
VET
$1.73B
| $420K | ﹤0.01% |
28,724
+15,013
| +109% | +$211K |
|
|
ESTE
1956
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $418K | ﹤0.01% |
20,643
| – | – |
|
1957
ACM Research
ACMR
$5.83B
| $415K | ﹤0.01% |
22,940
| – | – |
|
1958
Nokia
NOK
$50.8B
| $414K | ﹤0.01% |
110,741
+4,753
| +4% | +$18.8K |
|
1959
Assurant
AIZ
$13.7B
| $414K | ﹤0.01% |
+2,884
| New | +$395K |
|
|
CVSA
1960
Covista Inc
CVSA
$3.94B
| $414K | ﹤0.01% |
9,654
+335
| +4% | +$14.2K |
|
1961
Agilysys
AGYS
$2.78B
| $413K | ﹤0.01% |
6,243
-368
| -6% | -$25.5K |
|
1962
ICU Medical
ICUI
$3.93B
| $413K | ﹤0.01% |
3,470
-243
| -7% | -$36.3K |
|
1963
Credit Acceptance
CACC
$6B
| $412K | ﹤0.01% |
896
+214
| +31% | +$108K |
|
1964
Invesco Water Resources ETF
PHO
$1.97B
| $412K | ﹤0.01% |
7,745
| – | – |
|
1965
Dorian LPG
LPG
$1.94B
| $412K | ﹤0.01% |
14,330
+15
| +0.1% | +$403 |
|
1966
CRA International
CRAI
$1.1B
| $410K | ﹤0.01% |
4,066
-919
| -18% | -$96.5K |
|
1967
Central Pacific Financial
CPF
$997M
| $408K | ﹤0.01% |
24,488
+10,079
| +70% | +$172K |
|
1968
Franklin FTSE Canada ETF
FLCA
$796M
| $408K | ﹤0.01% |
13,560
-29
| -0.2% | -$905 |
|
1969
Newmark Group
NMRK
$2.73B
| $408K | ﹤0.01% |
63,484
+135
| +0.2% | +$935 |
|
|
BFS
1970
Saul Centers
BFS
$875M
| $407K | ﹤0.01% |
11,541
| – | – |
|
1971
ESAB
ESAB
$5.25B
| $407K | ﹤0.01% |
5,795
+1,409
| +32% | +$98K |
|
1972
Arcturus Therapeutics
ARCT
$157M
| $404K | ﹤0.01% |
15,806
-3,257
| -17% | -$100K |
|
1973
BioNTech
BNTX
$22.6B
| $404K | ﹤0.01% |
3,715
-228
| -6% | -$25.2K |
|
1974
iQIYI
IQ
$1.18B
| $402K | ﹤0.01% |
84,893
+2,231
| +3% | +$11.6K |
|
|
TBI
1975
Trueblue
TBI
$234M
| $402K | ﹤0.01% |
27,416
-2,418
| -8% | -$37.7K |
|
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.