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 | |
|---|---|---|---|---|---|---|
|
WCC
2226
WESCO International
WCC
$16.2B
| $222K | ﹤0.01% |
1,547
-1
| -0.1% | -$161 |
|
2227
Liquidity Services
LQDT
$1.17B
| $222K | ﹤0.01% |
12,613
+325
| +3% | +$5.67K |
|
2228
FTAI Aviation
FTAI
$22.2B
| $222K | ﹤0.01% |
+6,248
| New | +$215K |
|
2229
Azenta
AZTA
$1.26B
| $222K | ﹤0.01% |
+4,421
| New | +$222K |
|
2230
Vanguard Mid-Cap Growth ETF
VOT
$19B
| $222K | ﹤0.01% |
1,138
+880
| +341% | +$180K |
|
|
AGR
2231
DELISTED
Avangrid, Inc.
AGR
| $221K | ﹤0.01% |
7,320
-79,462
| -92% | -$2.81M |
|
|
BWIN
2232
Baldwin Insurance Group
BWIN
$2.58B
| $221K | ﹤0.01% |
9,499
-45,125
| -83% | -$1.13M |
|
2233
Franklin FTSE India ETF
FLIN
$2.69B
| $221K | ﹤0.01% |
6,970
| – | – |
|
|
ZYXI
2234
DELISTED
Zynex
ZYXI
| $220K | ﹤0.01% |
27,523
-6,470
| -19% | -$54.1K |
|
2235
Norwegian Cruise Line
NCLH
$8.89B
| $220K | ﹤0.01% |
13,359
+1,389
| +12% | +$25.6K |
|
|
SRDX
2236
DELISTED
Surmodics
SRDX
| $220K | ﹤0.01% |
6,857
+23
| +0.3% | +$781 |
|
2237
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.2B
| $220K | ﹤0.01% |
5,021
| – | – |
|
|
SWI
2238
DELISTED
SolarWinds Corporation Common Stock
SWI
| $220K | ﹤0.01% |
23,279
| – | – |
|
2239
Varex Imaging
VREX
$460M
| $220K | ﹤0.01% |
11,683
-2,585
| -18% | -$54.1K |
|
2240
Ormat Technologies
ORA
$6.11B
| $219K | ﹤0.01% |
3,137
+227
| +8% | +$17.6K |
|
2241
Business First Bancshares
BFST
$1.02B
| $217K | ﹤0.01% |
+11,561
| New | +$216K |
|
2242
Applied Digital
APLD
$7.77B
| $217K | ﹤0.01% |
+34,731
| New | +$243K |
|
2243
ATS Corp
ATS
$2.56B
| $216K | ﹤0.01% |
5,069
+64
| +1% | +$2.83K |
|
2244
Coastal Financial
CCB
$1.1B
| $216K | ﹤0.01% |
+5,033
| New | +$218K |
|
2245
James Hardie Industries
JHX
$15.4B
| $215K | ﹤0.01% |
8,205
-6
| -0.1% | -$170 |
|
|
IAS
2246
DELISTED
Integral Ad Science
IAS
| $214K | ﹤0.01% |
18,031
+159
| +0.9% | +$2.46K |
|
2247
Mitek Systems
MITK
$762M
| $214K | ﹤0.01% |
19,964
| – | – |
|
2248
VanEck Semiconductor ETF
SMH
$67.6B
| $213K | ﹤0.01% |
1,470
+50
| +4% | +$7.57K |
|
2249
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.83B
| $213K | ﹤0.01% |
2,971
| – | – |
|
2250
Marqeta
MQ
$1.8B
| $212K | ﹤0.01% |
8,865
-5,224
| -37% | -$118K |
|
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.