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 | |
|---|---|---|---|---|---|---|
|
BRY
2001
DELISTED
Berry Corp
BRY
| $372K | ﹤0.01% |
45,388
-5,425
| -11% | -$43.5K |
|
|
SVC
2002
Service Properties Trust
SVC
$1.1B
| $372K | ﹤0.01% |
9,663
-20,016
| -67% | -$833K |
|
2003
Opendoor
OPEN
$3.69B
| $370K | ﹤0.01% |
144,654
-119,401
| -45% | -$430K |
|
2004
Unity
U
$12.5B
| $369K | ﹤0.01% |
11,769
-903
| -7% | -$34.8K |
|
2005
Perrigo
PRGO
$1.4B
| $368K | ﹤0.01% |
+11,529
| New | +$406K |
|
2006
Simulations Plus
SLP
$371M
| $368K | ﹤0.01% |
8,831
-138
| -2% | -$6.26K |
|
2007
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.82B
| $368K | ﹤0.01% |
9,310
| – | – |
|
2008
Movado Group
MOV
$812M
| $367K | ﹤0.01% |
13,435
-1,735
| -11% | -$47.2K |
|
2009
Vanguard Health Care ETF
VHT
$18.2B
| $367K | ﹤0.01% |
1,562
-17
| -1% | -$4.14K |
|
2010
SentinelOne
S
$6.22B
| $365K | ﹤0.01% |
+21,675
| New | +$342K |
|
2011
Unitil
UTL
$1,000M
| $364K | ﹤0.01% |
8,519
+80
| +0.9% | +$3.92K |
|
2012
Powell Industries
POWL
$8.46B
| $363K | ﹤0.01% |
13,152
-21
| -0.2% | -$521 |
|
2013
Nuveen ESG Small-Cap ETF
NUSC
$1.28B
| $363K | ﹤0.01% |
10,435
| – | – |
|
2014
Vishay Intertechnology
VSH
$5.86B
| $363K | ﹤0.01% |
14,687
+154
| +1% | +$4.15K |
|
2015
Shake Shack
SHAK
$2.3B
| $362K | ﹤0.01% |
+6,240
| New | +$444K |
|
2016
Dynatrace
DT
$12.1B
| $361K | ﹤0.01% |
7,726
+263
| +4% | +$12.9K |
|
2017
SLR Investment Corp
SLRC
$706M
| $361K | ﹤0.01% |
23,441
| – | – |
|
|
WSR
2018
DELISTED
Whitestone REIT
WSR
| $360K | ﹤0.01% |
37,435
+780
| +2% | +$7.77K |
|
2019
Enovix
ENVX
$862M
| $359K | ﹤0.01% |
32,667
+500
| +2% | +$7.15K |
|
2020
Equity Bancshares
EQBK
$1.03B
| $358K | ﹤0.01% |
14,875
+4,961
| +50% | +$125K |
|
|
TCN
2021
DELISTED
Tricon Residential Inc.
TCN
| $358K | ﹤0.01% |
48,435
-96,917
| -67% | -$836K |
|
2022
BRC Group Holdings
RILY
$277M
| $358K | ﹤0.01% |
8,733
| – | – |
|
2023
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$50.7B
| $357K | ﹤0.01% |
6,021
+4
| +0.1% | +$245 |
|
2024
Vanguard Russell 1000 Growth ETF
VONG
$42.5B
| $357K | ﹤0.01% |
5,215
-394
| -7% | -$28K |
|
2025
iShares US Energy ETF
IYE
$1.74B
| $356K | ﹤0.01% |
+7,505
| New | +$346K |
|
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.