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 | |
|---|---|---|---|---|---|---|
2251
Aspen Aerogels
ASPN
$387M
| $211K | ﹤0.01% |
24,573
+35
| +0.1% | +$249 |
|
2252
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.07B
| $211K | ﹤0.01% |
1,880
+529
| +39% | +$63.3K |
|
2253
Merchants Bancorp
MBIN
$2.19B
| $210K | ﹤0.01% |
+7,570
| New | +$219K |
|
2254
Schwab Emerging Markets Equity ETF
SCHE
$12.3B
| $210K | ﹤0.01% |
8,755
-810
| -8% | -$20.1K |
|
2255
FormFactor
FORM
$8.11B
| $209K | ﹤0.01% |
5,974
+11
| +0.2% | +$370 |
|
2256
W&T Offshore
WTI
$545M
| $208K | ﹤0.01% |
47,564
| – | – |
|
2257
1stdibs.com
DIBS
$145M
| $208K | ﹤0.01% |
57,038
| – | – |
|
2258
Hyster-Yale Materials Handling
HY
$593M
| $208K | ﹤0.01% |
4,656
-500
| -10% | -$23.1K |
|
|
BVH
2259
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $207K | ﹤0.01% |
+5,632
| New | +$204K |
|
2260
Hovnanian Enterprises
HOV
$785M
| $206K | ﹤0.01% |
2,028
| – | – |
|
2261
Stratasys
SSYS
$697M
| $204K | ﹤0.01% |
15,017
-2,559
| -15% | -$40.5K |
|
2262
MasterCraft Boat Holdings
MCFT
$588M
| $204K | ﹤0.01% |
9,185
+230
| +3% | +$5.91K |
|
2263
Ambarella
AMBA
$2.99B
| $204K | ﹤0.01% |
3,840
| – | – |
|
2264
StoneX
SNEX
$8.83B
| $203K | ﹤0.01% |
+10,581
| New | +$194K |
|
2265
Zillow
ZG
$7.02B
| $202K | ﹤0.01% |
4,511
-167
| -4% | -$8.38K |
|
2266
Invesco Mortgage Capital
IVR
$776M
| $202K | ﹤0.01% |
20,131
+63
| +0.3% | +$696 |
|
2267
Teekay
TK
$975M
| $200K | ﹤0.01% |
32,454
| – | – |
|
|
SFIX
2268
Stitch Fix
SFIX
$478M
| $200K | ﹤0.01% |
58,000
+16,083
| +38% | +$64.3K |
|
2269
CION Investment
CION
$297M
| $198K | ﹤0.01% |
18,771
-4,729
| -20% | -$51.2K |
|
2270
Protagonist Therapeutics
PTGX
$8.75B
| $198K | ﹤0.01% |
11,853
-29,231
| -71% | -$567K |
|
2271
Pearson
PSO
$9.78B
| $197K | ﹤0.01% |
18,686
+39
| +0.2% | +$418 |
|
2272
Community Health Systems
CYH
$385M
| $194K | ﹤0.01% |
66,937
+6,852
| +11% | +$25.4K |
|
2273
Black Stone Minerals
BSM
$3.11B
| $191K | ﹤0.01% |
11,094
-325
| -3% | -$5.54K |
|
2274
Greif Class B
GEF.B
$3.65B
| $191K | ﹤0.01% |
2,865
+80
| +3% | +$5.96K |
|
2275
Ironwood Pharmaceuticals
IRWD
$611M
| $190K | ﹤0.01% |
19,756
-3,381
| -15% | -$33.1K |
|
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.