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 | |
|---|---|---|---|---|---|---|
2201
OraSure Technologies
OSUR
$273M
| $236K | ﹤0.01% |
39,878
-249
| -0.6% | -$1.4K |
|
2202
Pacira BioSciences
PCRX
$1.02B
| $236K | ﹤0.01% |
+7,687
| New | +$277K |
|
2203
Novanta
NOVT
$5.04B
| $236K | ﹤0.01% |
1,643
+504
| +44% | +$82.1K |
|
2204
Intapp
INTA
$2.12B
| $235K | ﹤0.01% |
7,005
| – | – |
|
2205
Limbach Holdings
LMB
$867M
| $235K | ﹤0.01% |
+7,400
| New | +$224K |
|
2206
Ryanair
RYAAY
$29.5B
| $234K | ﹤0.01% |
6,185
+475
| +8% | +$19.3K |
|
2207
Crane Co
CR
$13.1B
| $232K | ﹤0.01% |
2,615
-5
| -0.2% | -$445 |
|
2208
Brown-Forman Class A
BF.A
$12.3B
| $229K | ﹤0.01% |
3,946
+79
| +2% | +$5.36K |
|
2209
Roku
ROKU
$21.1B
| $229K | ﹤0.01% |
3,247
-89
| -3% | -$6.89K |
|
2210
WPP
WPP
$4.04B
| $229K | ﹤0.01% |
5,141
+836
| +19% | +$41.7K |
|
|
MTTR
2211
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $229K | ﹤0.01% |
105,545
-15,130
| -13% | -$42.4K |
|
|
SOVO
2212
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $228K | ﹤0.01% |
10,100
| – | – |
|
2213
OneSpan
OSPN
$562M
| $228K | ﹤0.01% |
21,184
+569
| +3% | +$7.1K |
|
|
SBOW
2214
DELISTED
SilverBow Resources, Inc.
SBOW
| $227K | ﹤0.01% |
+6,333
| New | +$231K |
|
|
NVEE
2215
DELISTED
NV5 Global
NVEE
| $227K | ﹤0.01% |
9,416
+696
| +8% | +$17.9K |
|
2216
RLX Technology
RLX
$2.48B
| $226K | ﹤0.01% |
149,665
-2,231
| -1% | -$3.5K |
|
2217
CNX Resources
CNX
$4.85B
| $225K | ﹤0.01% |
9,984
-3,634
| -27% | -$75.3K |
|
|
FFIC
2218
DELISTED
Flushing Financial
FFIC
| $225K | ﹤0.01% |
17,158
-4,158
| -20% | -$58.2K |
|
2219
Voyager Therapeutics
VYGR
$187M
| $224K | ﹤0.01% |
28,943
-1,638
| -5% | -$15K |
|
2220
nLIGHT
LASR
$3.95B
| $224K | ﹤0.01% |
21,541
| – | – |
|
2221
World Acceptance Corp
WRLD
$950M
| $224K | ﹤0.01% |
+1,763
| New | +$243K |
|
2222
Northeast Community Bancorp
NECB
$368M
| $223K | ﹤0.01% |
+15,136
| New | +$237K |
|
2223
Thryv Holdings
THRY
$169M
| $223K | ﹤0.01% |
11,900
+333
| +3% | +$7.39K |
|
|
BELFB
2224
Bel Fuse Inc Class B
BELFB
$3.88B
| $223K | ﹤0.01% |
4,677
| – | – |
|
2225
Metallus
MTUS
$873M
| $223K | ﹤0.01% |
10,246
-33
| -0.3% | -$719 |
|
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.