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 | |
|---|---|---|---|---|---|---|
201
Toronto Dominion Bank
TD
$197B
| $225M | 0.11% |
3,742,582
-99,125
| -3% | -$6.18M |
|
202
ACI Worldwide
ACIW
$5.65B
| $225M | 0.11% |
9,991,479
-679,750
| -6% | -$15.9M |
|
203
D.R. Horton
DHI
$40.5B
| $224M | 0.11% |
2,084,534
-825,150
| -28% | -$98.8M |
|
204
Deere & Co
DE
$166B
| $223M | 0.11% |
592,063
-2,584
| -0.4% | -$1.07M |
|
205
Goldman Sachs
GS
$316B
| $223M | 0.11% |
688,231
-416,367
| -38% | -$139M |
|
|
PPL
206
PPL Corp
PPL
$27.5B
| $220M | 0.11% |
9,350,470
+2,205,004
| +31% | +$57M |
|
207
Check Point Software Technologies
CHKP
$13B
| $220M | 0.11% |
1,649,613
-162,163
| -9% | -$21.3M |
|
208
Snowflake
SNOW
$92.3B
| $218M | 0.11% |
1,428,053
-539,868
| -27% | -$87.9M |
|
209
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $216M | 0.11% |
505,914
+4,351
| +0.9% | +$1.94M |
|
210
Royal Bank of Canada
RY
$291B
| $215M | 0.11% |
2,454,855
-74,609
| -3% | -$6.94M |
|
211
Newmont
NEM
$100B
| $211M | 0.11% |
5,716,089
+4,150,505
| +265% | +$169M |
|
212
DTE Energy
DTE
$31.1B
| $210M | 0.11% |
2,112,679
+1,466
| +0.1% | +$158K |
|
213
Agilent Technologies
A
$39.1B
| $207M | 0.11% |
1,853,787
+94,652
| +5% | +$11.3M |
|
214
McGrath RentCorp
MGRC
$2.93B
| $206M | 0.1% |
2,053,925
+215,828
| +12% | +$21M |
|
|
VRN
215
DELISTED
Veren
VRN
| $205M | 0.1% |
24,716,109
+2,661,052
| +12% | +$21.2M |
|
216
Crown Castle
CCI
$33.3B
| $204M | 0.1% |
2,216,794
+73,946
| +3% | +$7.66M |
|
217
Flex
FLEX
$44.8B
| $204M | 0.1% |
10,028,530
-1,417,491
| -12% | -$28.7M |
|
218
Pinterest
PINS
$12.3B
| $202M | 0.1% |
7,487,912
+1,347,778
| +22% | +$36.8M |
|
219
Gen Digital
GEN
$15.4B
| $202M | 0.1% |
11,427,442
-27,069
| -0.2% | -$528K |
|
220
TechnipFMC
FTI
$30.9B
| $202M | 0.1% |
9,929,243
+260,321
| +3% | +$4.91M |
|
221
Cheniere Energy
LNG
$57.8B
| $201M | 0.1% |
1,212,508
+158,889
| +15% | +$25.6M |
|
222
SS&C Technologies
SSNC
$17.9B
| $200M | 0.1% |
3,815,751
+11,474
| +0.3% | +$656K |
|
223
Sherwin-Williams
SHW
$77.7B
| $198M | 0.1% |
776,178
+5,073
| +0.7% | +$1.36M |
|
|
HZNP
224
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $198M | 0.1% |
1,710,251
-713,462
| -29% | -$76.7M |
|
225
Fair Isaac
FICO
$28.7B
| $197M | 0.1% |
226,555
+92,874
| +69% | +$79.7M |
|
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.