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 | |
|---|---|---|---|---|---|---|
|
GTM
2276
ZoomInfo Technologies
GTM
$861M
| $190K | ﹤0.01% |
11,571
-2,456
| -18% | -$50.2K |
|
2277
AMC Global Media
AMCX
$430M
| $189K | ﹤0.01% |
16,038
+344
| +2% | +$4.17K |
|
|
HDV
2278
iShares Core High Dividend ETF
HDV
$14.4B
| $188K | ﹤0.01% |
9,515
-315,480
| -97% | -$6.46M |
|
2279
Kearny Financial
KRNY
$592M
| $188K | ﹤0.01% |
+27,119
| New | +$206K |
|
2280
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.36B
| $187K | ﹤0.01% |
3,900
| – | – |
|
2281
Lucid Motors
LCID
$2.46B
| $186K | ﹤0.01% |
3,329
+414
| +14% | +$26.8K |
|
|
AGEN
2282
Agenus
AGEN
$249M
| $185K | ﹤0.01% |
8,188
+11
| +0.1% | +$312 |
|
2283
Independent Bank Corp
IBCP
$776M
| $185K | ﹤0.01% |
10,082
| – | – |
|
|
ZIMV
2284
DELISTED
ZimVie
ZIMV
| $185K | ﹤0.01% |
19,634
-178
| -0.9% | -$2.06K |
|
2285
Cabaletta Bio
CABA
$439M
| $184K | ﹤0.01% |
+12,065
| New | +$165K |
|
2286
Invesco S&P Global Water Index ETF
CGW
$1.05B
| $184K | ﹤0.01% |
3,947
| – | – |
|
2287
4D Molecular Therapeutics
FDMT
$526M
| $183K | ﹤0.01% |
14,362
-54
| -0.4% | -$903 |
|
2288
Sinclair Inc
SBGI
$974M
| $183K | ﹤0.01% |
16,280
-8,249
| -34% | -$106K |
|
|
TWOU
2289
DELISTED
2U Inc
TWOU
| $182K | ﹤0.01% |
2,451
-259
| -10% | -$26.5K |
|
2290
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.4B
| $181K | ﹤0.01% |
2,252
-32
| -1% | -$2.71K |
|
2291
Weibo
WB
$1.9B
| $180K | ﹤0.01% |
14,392
+469
| +3% | +$6.24K |
|
2292
Nature's Sunshine
NATR
$359M
| $180K | ﹤0.01% |
10,849
-2,364
| -18% | -$35.9K |
|
2293
Urban Edge Properties
UE
$2.94B
| $180K | ﹤0.01% |
11,771
| – | – |
|
2294
iShares Morningstar Mid-Cap ETF
IMCB
$1.64B
| $179K | ﹤0.01% |
3,000
| – | – |
|
2295
Agilon Health
AGL
$1.64B
| $178K | ﹤0.01% |
+402
| New | +$182K |
|
2296
Nurix Therapeutics
NRIX
$2.43B
| $178K | ﹤0.01% |
22,632
-259
| -1% | -$2.37K |
|
2297
PUT
TJX Companies
TJX
$170B
| $178K | ﹤0.01% |
2,000
| – | – |
|
2298
Century Aluminum
CENX
$4.57B
| $178K | ﹤0.01% |
24,710
-758
| -3% | -$6.11K |
|
|
TGNA
2299
DELISTED
TEGNA Inc
TGNA
| $177K | ﹤0.01% |
+12,179
| New | +$197K |
|
|
SPR
2300
DELISTED
Spirit AeroSystems
SPR
| $177K | ﹤0.01% |
10,991
-121,202
| -92% | -$2.79M |
|
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.