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 | |
|---|---|---|---|---|---|---|
|
RDFN
2301
DELISTED
Redfin
RDFN
| $174K | ﹤0.01% |
24,757
-29,058
| -54% | -$319K |
|
2302
Alphatec Holdings
ATEC
$1.27B
| $174K | ﹤0.01% |
13,406
| – | – |
|
2303
Novavax
NVAX
$1.23B
| $173K | ﹤0.01% |
23,837
+249
| +1% | +$1.99K |
|
2304
BlackBerry
BB
$5.01B
| $172K | ﹤0.01% |
36,250
-1,500
| -4% | -$7.37K |
|
2305
Tactile Systems Technology
TCMD
$620M
| $171K | ﹤0.01% |
12,173
+275
| +2% | +$5.38K |
|
2306
Greenlight Captial
GLRE
$563M
| $171K | ﹤0.01% |
+15,919
| New | +$171K |
|
|
CFB
2307
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $171K | ﹤0.01% |
16,944
-4,266
| -20% | -$46.5K |
|
2308
Petco
WOOF
$745M
| $169K | ﹤0.01% |
41,435
-3,476,773
| -99% | -$22.9M |
|
2309
SFL Corp
SFL
$1.59B
| $169K | ﹤0.01% |
15,133
+1,546
| +11% | +$16K |
|
2310
State Street Utilities Select Sector SPDR ETF
XLU
$24.1B
| $169K | ﹤0.01% |
5,726
-668
| -10% | -$21.5K |
|
2311
Stagwell
STGW
$1.84B
| $168K | ﹤0.01% |
35,809
| – | – |
|
2312
Dimensional US Targeted Value ETF
DFAT
$14.5B
| $168K | ﹤0.01% |
3,675
+13
| +0.4% | +$617 |
|
2313
Pacific Biosciences
PACB
$422M
| $168K | ﹤0.01% |
20,102
-47,818
| -70% | -$546K |
|
2314
Douglas Emmett
DEI
$2.06B
| $167K | ﹤0.01% |
13,101
+290
| +2% | +$3.92K |
|
2315
Phibro Animal Health
PAHC
$1.38B
| $167K | ﹤0.01% |
13,041
+326
| +3% | +$4.62K |
|
|
JBGS
2316
JBG SMITH
JBGS
$846M
| $166K | ﹤0.01% |
11,489
-849
| -7% | -$13.1K |
|
2317
Fidelity MSCI Health Care Index ETF
FHLC
$3.27B
| $166K | ﹤0.01% |
2,742
| – | – |
|
2318
Global X Cybersecurity ETF
BUG
$1.2B
| $165K | ﹤0.01% |
6,812
+2,594
| +61% | +$63K |
|
2319
iShares Morningstar Small-Cap ETF
ISCB
$281M
| $165K | ﹤0.01% |
3,500
-700
| -17% | -$34.9K |
|
2320
Liberty Latin America Class A
LILA
$1.51B
| $161K | ﹤0.01% |
29,119
+817
| +3% | +$4.74K |
|
|
SILV
2321
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $161K | ﹤0.01% |
+36,493
| New | +$186K |
|
2322
IBEX
IBEX
$448M
| $161K | ﹤0.01% |
10,429
-2,368
| -19% | -$44.3K |
|
2323
NETGEAR
NTGR
$669M
| $160K | ﹤0.01% |
12,737
-16,665
| -57% | -$221K |
|
2324
Ooma
OOMA
$550M
| $159K | ﹤0.01% |
+12,234
| New | +$173K |
|
2325
Olema Pharmaceuticals
OLMA
$1.02B
| $159K | ﹤0.01% |
+12,871
| New | +$131K |
|
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.