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 | |
|---|---|---|---|---|---|---|
1976
Sonic Automotive
SAH
$3.15B
| $399K | ﹤0.01% |
8,348
+250
| +3% | +$12.7K |
|
1977
JD.com
JD
$40.8B
| $399K | ﹤0.01% |
13,685
-1,067
| -7% | -$37.2K |
|
1978
York Water
YORW
$505M
| $397K | ﹤0.01% |
10,586
+518
| +5% | +$21.2K |
|
1979
iShares Expanded Tech Sector ETF
IGM
$9.94B
| $397K | ﹤0.01% |
6,228
| – | – |
|
1980
Omnicell
OMCL
$1.86B
| $396K | ﹤0.01% |
8,785
-321
| -4% | -$19.4K |
|
1981
Healthcare Services Group
HCSG
$1.56B
| $396K | ﹤0.01% |
37,928
+2,160
| +6% | +$26.9K |
|
1982
First Horizon
FHN
$12.1B
| $395K | ﹤0.01% |
35,879
-34,633
| -49% | -$429K |
|
1983
Koppers
KOP
$966M
| $395K | ﹤0.01% |
9,986
| – | – |
|
1984
Nexstar Media Group
NXST
$5.6B
| $394K | ﹤0.01% |
2,749
-13,702
| -83% | -$2.22M |
|
1985
Dole
DOLE
$1.35B
| $394K | ﹤0.01% |
+34,025
| New | +$425K |
|
1986
Aecom
ACM
$9.07B
| $391K | ﹤0.01% |
4,713
-17
| -0.4% | -$1.47K |
|
1987
Cogent Communications
CCOI
$594M
| $391K | ﹤0.01% |
6,310
+1,119
| +22% | +$73.2K |
|
1988
Kohl's
KSS
$2.03B
| $390K | ﹤0.01% |
18,613
-6,526
| -26% | -$165K |
|
1989
TETRA Technologies
TTI
$1.23B
| $385K | ﹤0.01% |
+60,417
| New | +$311K |
|
1990
Titan Machinery
TITN
$466M
| $383K | ﹤0.01% |
14,419
-10,855
| -43% | -$320K |
|
1991
Ionis Pharmaceuticals
IONS
$9.35B
| $383K | ﹤0.01% |
8,449
-722
| -8% | -$29.8K |
|
1992
BioLife Solutions
BLFS
$1.46B
| $383K | ﹤0.01% |
27,736
-12,567
| -31% | -$198K |
|
|
AZEK
1993
DELISTED
The AZEK Co
AZEK
| $382K | ﹤0.01% |
12,834
+251
| +2% | +$7.89K |
|
|
DCH
1994
Dauch Corp
DCH
$1.3B
| $382K | ﹤0.01% |
52,571
| – | – |
|
1995
TechTarget
TTGT
$246M
| $380K | ﹤0.01% |
12,512
-27
| -0.2% | -$822 |
|
1996
Mitsubishi UFJ Financial
MUFG
$258B
| $380K | ﹤0.01% |
44,737
+245
| +0.6% | +$1.96K |
|
1997
Fox Class B
FOX
$20.7B
| $379K | ﹤0.01% |
13,114
-3,377
| -20% | -$103K |
|
1998
Telefônica Brasil
VIV
$22.4B
| $377K | ﹤0.01% |
44,090
+2,866
| +7% | +$24.9K |
|
1999
Comstock Resources
CRK
$3.97B
| $376K | ﹤0.01% |
34,127
+967
| +3% | +$11.4K |
|
|
BBBY
2000
Bed Bath & Beyond
BBBY
$473M
| $376K | ﹤0.01% |
26,127
-41
| -0.2% | -$1K |
|
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.