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 | |
|---|---|---|---|---|---|---|
2151
Jakks Pacific
JAKK
$280M
| $264K | ﹤0.01% |
14,219
-3,580
| -20% | -$68.3K |
|
|
SAFE
2152
Safehold
SAFE
$1.19B
| $264K | ﹤0.01% |
+14,826
| New | +$320K |
|
2153
Knight Transportation
KNX
$11.8B
| $263K | ﹤0.01% |
5,248
-18,017
| -77% | -$999K |
|
2154
Vanda Pharmaceuticals
VNDA
$312M
| $263K | ﹤0.01% |
60,892
-137,431
| -69% | -$764K |
|
|
PLYA
2155
DELISTED
Playa Hotels & Resorts
PLYA
| $263K | ﹤0.01% |
36,309
-9,391
| -21% | -$71.6K |
|
2156
Franklin Electric
FELE
$4.67B
| $262K | ﹤0.01% |
2,939
+654
| +29% | +$63.3K |
|
2157
United Parks & Resorts
PRKS
$2.11B
| $261K | ﹤0.01% |
5,646
-11,102
| -66% | -$564K |
|
2158
TKO Group
TKO
$13.5B
| $261K | ﹤0.01% |
+3,103
| New | +$288K |
|
2159
RadNet
RDNT
$4.84B
| $260K | ﹤0.01% |
9,238
| – | – |
|
2160
Evolv Technologies
EVLV
$943M
| $260K | ﹤0.01% |
+53,489
| New | +$329K |
|
2161
Noble Corp
NE
$6.9B
| $260K | ﹤0.01% |
5,127
+128
| +3% | +$6.52K |
|
2162
Mesa Laboratories
MLAB
$539M
| $260K | ﹤0.01% |
2,471
-12
| -0.5% | -$1.54K |
|
2163
Park Hotels & Resorts
PK
$2.97B
| $259K | ﹤0.01% |
21,028
-121,366
| -85% | -$1.57M |
|
|
VMEO
2164
DELISTED
Vimeo
VMEO
| $259K | ﹤0.01% |
73,143
+3,816
| +6% | +$15.1K |
|
2165
Boston Beer
SAM
$1.88B
| $258K | ﹤0.01% |
663
-10
| -1% | -$3.5K |
|
2166
Alarm.com
ALRM
$2.56B
| $258K | ﹤0.01% |
4,222
-1,069
| -20% | -$60.4K |
|
2167
Cullen/Frost Bankers
CFR
$10.3B
| $258K | ﹤0.01% |
2,827
-52
| -2% | -$5.28K |
|
2168
DNP Select Income Fund
DNP
$4.18B
| $258K | ﹤0.01% |
27,056
-6,666
| -20% | -$67.2K |
|
2169
Carlyle Group
CG
$16.3B
| $257K | ﹤0.01% |
8,536
+29
| +0.3% | +$934 |
|
2170
Horizon Bancorp
HBNC
$1.03B
| $257K | ﹤0.01% |
24,065
+2,820
| +13% | +$31.7K |
|
|
GOOD
2171
Gladstone Commercial Corp
GOOD
$627M
| $257K | ﹤0.01% |
21,120
-735
| -3% | -$9.64K |
|
2172
Zeta Global
ZETA
$4.77B
| $256K | ﹤0.01% |
30,696
-9,662
| -24% | -$79.7K |
|
2173
VSE Corp
VSEC
$5.48B
| $255K | ﹤0.01% |
5,050
| – | – |
|
2174
TTEC Holdings
TTEC
$103M
| $254K | ﹤0.01% |
9,698
+607
| +7% | +$18.2K |
|
|
MODN
2175
DELISTED
MODEL N, INC.
MODN
| $254K | ﹤0.01% |
10,415
-6
| -0.1% | -$178 |
|
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.