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 | |
|---|---|---|---|---|---|---|
2126
Rayonier
RYN
$6.49B
| $277K | ﹤0.01% |
10,710
-446
| -4% | -$12.4K |
|
2127
Vanguard Total World Stock ETF
VT
$76.3B
| $276K | ﹤0.01% |
2,960
| – | – |
|
|
SP
2128
DELISTED
SP Plus Corporation
SP
| $275K | ﹤0.01% |
7,608
| – | – |
|
2129
Global E Online
GLBE
$6.08B
| $275K | ﹤0.01% |
6,910
+1,850
| +37% | +$74.5K |
|
2130
Amalgamated Financial
AMAL
$1.48B
| $274K | ﹤0.01% |
15,935
-2,475
| -13% | -$44.8K |
|
2131
Doximity
DOCS
$3.67B
| $274K | ﹤0.01% |
12,907
+827
| +7% | +$22.6K |
|
2132
Tandem Diabetes Care
TNDM
$1.17B
| $273K | ﹤0.01% |
+13,156
| New | +$361K |
|
2133
Vita Coco
COCO
$3.77B
| $273K | ﹤0.01% |
10,488
| – | – |
|
2134
Aramark
ARMK
$15B
| $273K | ﹤0.01% |
10,890
+360
| +3% | +$10.1K |
|
2135
Zymeworks
ZYME
$1.68B
| $272K | ﹤0.01% |
42,889
+17,761
| +71% | +$131K |
|
2136
IES Holdings
IESC
$12.5B
| $272K | ﹤0.01% |
4,124
+55
| +1% | +$3.58K |
|
2137
Astronics
ATRO
$3.45B
| $271K | ﹤0.01% |
20,501
| – | – |
|
2138
Financial Institutions
FISI
$800M
| $271K | ﹤0.01% |
16,085
-1,915
| -11% | -$33.7K |
|
2139
Fulgent Genetics
FLGT
$559M
| $270K | ﹤0.01% |
10,107
-37
| -0.4% | -$1.26K |
|
2140
DXP Enterprises
DXPE
$2.62B
| $270K | ﹤0.01% |
7,729
+190
| +3% | +$6.86K |
|
2141
V2X
VVX
$2.62B
| $270K | ﹤0.01% |
5,224
-83
| -2% | -$4.17K |
|
2142
MacroGenics
MGNX
$235M
| $270K | ﹤0.01% |
57,835
-6,701
| -10% | -$33.4K |
|
|
AMK
2143
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $270K | ﹤0.01% |
10,746
| – | – |
|
|
NTCO
2144
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $269K | ﹤0.01% |
46,605
-827
| -2% | -$5.48K |
|
2145
iShares Core Dividend Growth ETF
DGRO
$42.6B
| $269K | ﹤0.01% |
5,422
+5,400
| +24,545% | +$280K |
|
|
KAMN
2146
DELISTED
Kaman Corp
KAMN
| $268K | ﹤0.01% |
13,627
-96
| -0.7% | -$2.14K |
|
|
AD
2147
Array Digital Infrastructure
AD
$3.02B
| $268K | ﹤0.01% |
+6,230
| New | +$202K |
|
|
TDAY
2148
USA Today Co
TDAY
$1.23B
| $266K | ﹤0.01% |
108,705
-11,324
| -9% | -$31.3K |
|
2149
8x8 Inc
EGHT
$247M
| $265K | ﹤0.01% |
105,109
-10,894
| -9% | -$38.7K |
|
2150
Lazard
LAZ
$4.37B
| $264K | ﹤0.01% |
8,525
+1,581
| +23% | +$53K |
|
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.