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 | |
|---|---|---|---|---|---|---|
|
GOLD
2101
Gold.com Inc
GOLD
$1.14B
| $295K | ﹤0.01% |
10,045
-1,812
| -15% | -$65.5K |
|
|
DMC
2102
Del Monte Corp
DMC
$1.35B
| $294K | ﹤0.01% |
11,394
-2,002
| -15% | -$52.3K |
|
2103
Harmonic Inc
HLIT
$1.21B
| $293K | ﹤0.01% |
30,475
+3,124
| +11% | +$37.2K |
|
2104
Franklin Covey
FC
$233M
| $293K | ﹤0.01% |
6,830
+478
| +8% | +$21.2K |
|
|
FL
2105
DELISTED
Foot Locker
FL
| $292K | ﹤0.01% |
16,826
+1,516
| +10% | +$33.9K |
|
2106
Snap
SNAP
$7.32B
| $290K | ﹤0.01% |
32,562
+1,425
| +5% | +$14.9K |
|
2107
TG Therapeutics
TGTX
$8.58B
| $289K | ﹤0.01% |
34,604
-35,810
| -51% | -$499K |
|
2108
iShares Future Exponential Technologies ETF
XT
$3.77B
| $289K | ﹤0.01% |
5,534
+5,234
| +1,745% | +$288K |
|
2109
Old Second Bancorp
OSBC
$1.24B
| $289K | ﹤0.01% |
21,209
| – | – |
|
2110
AdaptHealth
AHCO
$1.46B
| $287K | ﹤0.01% |
31,560
-799
| -2% | -$9.58K |
|
2111
Alerian MLP ETF
AMLP
$13B
| $287K | ﹤0.01% |
6,800
| – | – |
|
2112
Amplify Energy
AMPY
$163M
| $286K | ﹤0.01% |
38,966
+285
| +0.7% | +$1.97K |
|
2113
Gray Television
GTN
$407M
| $286K | ﹤0.01% |
41,295
+1,847
| +5% | +$15.2K |
|
|
HEES
2114
DELISTED
H&E Equipment Services
HEES
| $284K | ﹤0.01% |
6,583
+390
| +6% | +$17.8K |
|
|
CTEV
2115
Claritev Corp
CTEV
$368M
| $284K | ﹤0.01% |
4,231
| – | – |
|
2116
Biohaven
BHVN
$2.16B
| $284K | ﹤0.01% |
10,920
-2,800
| -20% | -$58.2K |
|
|
HIBB
2117
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $281K | ﹤0.01% |
5,911
-1,540
| -21% | -$65.6K |
|
|
MASI
2118
DELISTED
Masimo
MASI
| $280K | ﹤0.01% |
3,192
-120
| -4% | -$14K |
|
|
HDSN
2119
Hudson Technologies
HDSN
$267M
| $279K | ﹤0.01% |
20,999
+520
| +3% | +$5.61K |
|
2120
American Airlines Group
AAL
$9.58B
| $279K | ﹤0.01% |
21,799
-3,436
| -14% | -$53.3K |
|
2121
Nabors Industries
NBR
$1.23B
| $279K | ﹤0.01% |
2,267
-322
| -12% | -$37.4K |
|
2122
Employers Holdings
EIG
$908M
| $279K | ﹤0.01% |
6,986
-1,707
| -20% | -$66K |
|
2123
Telkom Indonesia
TLK
$14.2B
| $279K | ﹤0.01% |
11,562
+163
| +1% | +$4.04K |
|
2124
Ares Capital
ARCC
$13.5B
| $279K | ﹤0.01% |
14,305
| – | – |
|
2125
Fortrea Holdings
FTRE
$1.85B
| $278K | ﹤0.01% |
+9,727
| New | +$288K |
|
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.