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 | |
|---|---|---|---|---|---|---|
|
BASE
2026
DELISTED
Couchbase
BASE
| $356K | ﹤0.01% |
20,734
-5,326
| -20% | -$87.2K |
|
2027
Napco Security Technologies
NSSC
$1.28B
| $355K | ﹤0.01% |
15,975
-429
| -3% | -$13K |
|
2028
Fomento Económico Mexicano
FMX
$43.3B
| $355K | ﹤0.01% |
3,252
-272
| -8% | -$30.2K |
|
2029
StoneCo
STNE
$2.62B
| $354K | ﹤0.01% |
33,132
-87,543
| -73% | -$1.08M |
|
2030
Carter Bankshares
CARE
$756M
| $353K | ﹤0.01% |
28,188
-6,414
| -19% | -$92.2K |
|
2031
Leggett & Platt
LEG
$1.52B
| $352K | ﹤0.01% |
+13,850
| New | +$389K |
|
2032
Weave Communications
WEAV
$491M
| $352K | ﹤0.01% |
+43,143
| New | +$437K |
|
2033
RxSight
RXST
$215M
| $351K | ﹤0.01% |
+12,593
| New | +$375K |
|
2034
Ethan Allen Interiors
ETD
$581M
| $350K | ﹤0.01% |
11,711
-2,347
| -17% | -$72.6K |
|
2035
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $350K | ﹤0.01% |
4,840
| – | – |
|
2036
iShares Russell Top 200 Value ETF
IWX
$4.03B
| $350K | ﹤0.01% |
5,348
| – | – |
|
|
ATSG
2037
DELISTED
Air Transport Services Group
ATSG
| $350K | ﹤0.01% |
16,750
| – | – |
|
2038
iShares ESG Aware MSCI EM ETF
ESGE
$6.51B
| $347K | ﹤0.01% |
11,474
-88,667
| -89% | -$2.81M |
|
2039
Lumen
LUMN
$6.53B
| $347K | ﹤0.01% |
244,670
+107,680
| +79% | +$182K |
|
|
ACCD
2040
DELISTED
Accolade Inc
ACCD
| $347K | ﹤0.01% |
32,835
| – | – |
|
2041
PGIM Ultra Short Bond ETF
PULS
$17.7B
| $347K | ﹤0.01% |
7,018
+98
| +1% | +$4.84K |
|
2042
Myers Industries
MYE
$1.18B
| $346K | ﹤0.01% |
19,318
+500
| +3% | +$9.41K |
|
2043
Algonquin Power & Utilities
AQN
$4.69B
| $346K | ﹤0.01% |
58,488
-1,962
| -3% | -$14.8K |
|
|
ICPT
2044
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $345K | ﹤0.01% |
18,626
+268
| +1% | +$3.03K |
|
2045
Phinia Inc
PHIN
$2.9B
| $345K | ﹤0.01% |
+12,878
| New | +$357K |
|
2046
ADMA Biologics
ADMA
$1.92B
| $343K | ﹤0.01% |
95,922
-4,787
| -5% | -$18.4K |
|
|
INN
2047
Summit Hotel Properties
INN
$761M
| $341K | ﹤0.01% |
+58,793
| New | +$351K |
|
2048
Anterix
ATEX
$1.83B
| $340K | ﹤0.01% |
10,834
+3,705
| +52% | +$117K |
|
2049
Lufax Holding
LU
$1.2B
| $340K | ﹤0.01% |
80,153
+49,711
| +163% | +$275K |
|
|
TEF
2050
DELISTED
Telefonica
TEF
| $339K | ﹤0.01% |
83,406
+12,687
| +18% | +$51.4K |
|
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.