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 | |
|---|---|---|---|---|---|---|
2076
Invesco DB Commodity Index Tracking Fund
DBC
$1.73B
| $317K | ﹤0.01% |
12,708
| – | – |
|
|
FLZA
2077
DELISTED
Franklin FTSE South Africa
FLZA
| $317K | ﹤0.01% |
16,000
| – | – |
|
2078
GXO Logistics
GXO
$6.06B
| $316K | ﹤0.01% |
5,396
+49
| +0.9% | +$3.06K |
|
2079
PUT
Microsoft
MSFT
$2.84T
| $316K | ﹤0.01% |
1,000
-1,500
| -60% | -$496K |
|
2080
Valmont Industries
VMI
$9.44B
| $316K | ﹤0.01% |
1,314
+240
| +22% | +$61.7K |
|
|
XRN
2081
Chiron Real Estate Inc
XRN
$544M
| $315K | ﹤0.01% |
7,016
+92
| +1% | +$4.41K |
|
|
BBT
2082
Beacon Financial Corp
BBT
$2.53B
| $314K | ﹤0.01% |
15,658
-4,023
| -20% | -$86.2K |
|
2083
Southwest Gas
SWX
$6.74B
| $314K | ﹤0.01% |
5,193
+932
| +22% | +$59.5K |
|
2084
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $313K | ﹤0.01% |
3,547
-50
| -1% | -$4.26K |
|
|
HTB
2085
HomeTrust Bancshares
HTB
$818M
| $312K | ﹤0.01% |
+14,391
| New | +$331K |
|
2086
Invesco Variable Rate Preferred ETF
VRP
$2.99B
| $311K | ﹤0.01% |
13,900
-3,200
| -19% | -$72.1K |
|
2087
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$552M
| $310K | ﹤0.01% |
5,100
| – | – |
|
2088
Opko Health
OPK
$921M
| $310K | ﹤0.01% |
193,867
+116,448
| +150% | +$212K |
|
2089
Designer Brands
DBI
$277M
| $309K | ﹤0.01% |
24,375
+323
| +1% | +$3.45K |
|
2090
Health Catalyst
HCAT
$154M
| $309K | ﹤0.01% |
30,492
| – | – |
|
2091
Kelly Services Class A
KELYA
$526M
| $307K | ﹤0.01% |
16,856
-632
| -4% | -$11.4K |
|
2092
CareDx
CDNA
$1.92B
| $306K | ﹤0.01% |
43,681
+9,524
| +28% | +$88K |
|
2093
Philips
PHG
$25.4B
| $304K | ﹤0.01% |
17,035
-438
| -3% | -$8.4K |
|
|
TELL
2094
DELISTED
Tellurian Inc.
TELL
| $303K | ﹤0.01% |
261,536
-28,581
| -10% | -$38.9K |
|
2095
Dillards
DDS
$8.87B
| $301K | ﹤0.01% |
909
-493
| -35% | -$163K |
|
2096
National Grid
NGG
$82.7B
| $299K | ﹤0.01% |
5,239
-162
| -3% | -$9.79K |
|
2097
Acco Brands
ACCO
$369M
| $299K | ﹤0.01% |
52,128
+1,371
| +3% | +$7.64K |
|
|
CLDT
2098
Chatham Lodging
CLDT
$630M
| $299K | ﹤0.01% |
31,219
+5,256
| +20% | +$50.1K |
|
2099
Digital Turbine
APPS
$1.02B
| $298K | ﹤0.01% |
49,189
+6,219
| +14% | +$55.4K |
|
2100
Definitive Healthcare
DH
$72.1M
| $296K | ﹤0.01% |
37,001
+21,073
| +132% | +$212K |
|
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.