Franklin Mutual Quest Fund

Fund Profile

Fund profile

Tickers

TEQIX, TEMQX, MQIFX, FMQSX, FMQRX

Fund manager

Franklin Mutual Shares Fund

Total assets

$2.78 bn

Liabilities

$39.99 mm

Net assets

$2.74 bn

Number of holdings

118.00

118 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
FHLB	114.89 mm	114.90 mm principal	4.20	Short-term investment vehicle	Long	USA
Sorenson Holdings LLC, First Lien, Term Loan, B	97.85 mm	113.05 mm principal	3.58	Loan	Long	USA
Inclusive Language Services LLC, Membership Interests, Class B	58.07 mm	106.53 k shares	2.12	Common equity	Long	USA
Everest Group Ltd.	57.40 mm	146.50 k shares	2.10	Common equity	Long	Bermuda
ELV Elevance Health Inc.	53.20 mm	102.31 k shares	1.95	Common equity	Long	USA
Reckitt Benckiser Group plc	50.85 mm	831.06 k shares	1.86	Common equity	Long	UK
GPN Global Payments Inc.	50.35 mm	491.61 k shares	1.84	Common equity	Long	USA
British American Tobacco plc	49.67 mm	1.36 mm shares	1.82	Common equity	Long	UK
Rio Tinto plc	46.91 mm	660.77 k shares	1.72	Common equity	Long	UK
Walt Disney Co	46.43 mm	482.68 k shares	1.70	Common equity	Long	USA
Medtronic plc	45.27 mm	502.82 k shares	1.66	Common equity	Long	Ireland
Neptune BidCo US, Inc., First Lien, CME Term Loan, A	45.13 mm	48.13 mm principal	1.65	Loan	Long	USA
BP plc	44.69 mm	8.57 mm shares	1.63	Common equity	Long	UK
AVNT Avient Corporation	44.22 mm	878.79 k shares	1.62	Common equity	Long	USA
Prudential plc	42.98 mm	4.63 mm shares	1.57	Common equity	Long	UK
UPS United Parcel Service, Inc.	42.17 mm	309.33 k shares	1.54	Common equity	Long	USA
BHI BAKER HUGHES a GE Co LLC	42.14 mm	1.17 mm shares	1.54	Common equity	Long	USA
Michaels Cos., Inc. (The), First Lien, CME Term Loan, B	41.59 mm	52.42 mm principal	1.52	Loan	Long	USA
CHTR Charter Communications, Inc.	41.37 mm	127.66 k shares	1.51	Common equity	Long	USA
GSK plc	41.00 mm	2.01 mm shares	1.50	Common equity	Long	UK
ASR Nederland NV	40.82 mm	832.53 k shares	1.49	Common equity	Long	Netherlands
MRK Merck & Co., Inc.	40.35 mm	355.33 k shares	1.48	Common equity	Long	USA
WSC WillScot Holdings Corporation	40.03 mm	1.06 mm shares	1.46	Common equity	Long	USA
KVUE Kenvue Inc.	39.23 mm	1.70 mm shares	1.43	Common equity	Long	USA
Windstream Holdings, Inc.	38.63 mm	1.71 mm shares	1.41	Common equity	Long	USA
PGR The Progressive Corporation	38.57 mm	151.98 k shares	1.41	Common equity	Long	USA
SLB Schlumberger Limited	37.75 mm	899.99 k shares	1.38	Common equity	Long	Curaçao
WFC Wells Fargo & Company	37.75 mm	668.21 k shares	1.38	Common equity	Long	USA
PPL PPL Corporation	37.46 mm	1.13 mm shares	1.37	Common equity	Long	USA
Roche Holding AG	37.01 mm	115.66 k shares	1.35	Common equity	Long	Switzerland
PNC The PNC Financial Services Group, Inc.	36.78 mm	198.99 k shares	1.34	Common equity	Long	USA
BNP Paribas SA	36.74 mm	535.34 k shares	1.34	Common equity	Long	France
BAC Bank of America Corporation	36.21 mm	912.51 k shares	1.32	Common equity	Long	USA
AerCap Holdings NV	35.90 mm	378.97 k shares	1.31	Common equity	Long	Netherlands
St. James's Place plc	35.06 mm	3.57 mm shares	1.28	Common equity	Long	UK
Neptune BidCo US, Inc., Second Lien, CME Term Loan	35.00 mm	35.00 mm principal	1.28	Loan	Long	USA
CVS CVS Health Corporation	34.99 mm	556.49 k shares	1.28	Common equity	Long	USA
Seven & i Holdings Co. Ltd.	34.91 mm	2.32 mm shares	1.28	Common equity	Long	Japan
IP International Paper Company	34.76 mm	711.65 k shares	1.27	Common equity	Long	USA
Aptiv plc	33.56 mm	466.06 k shares	1.23	Common equity	Long	Jersey
APO Apollo Global Management, Inc.	33.46 mm	267.84 k shares	1.22	Common equity	Long	USA
NVS Novartis AG	33.17 mm	288.36 k shares	1.21	Common equity	Long	Switzerland
Heineken NV	32.97 mm	371.37 k shares	1.21	Common equity	Long	Netherlands
ETR Entergy Corporation	32.04 mm	243.45 k shares	1.17	Common equity	Long	USA
DS Smith plc	32.00 mm	5.17 mm shares	1.17	Common equity	Long	UK
Covestro AG	31.93 mm	512.33 k shares	1.17	Common equity	Long	Germany
Deutsche Telekom AG	31.20 mm	1.06 mm shares	1.14	Common equity	Long	Germany
Danone SA	31.16 mm	427.81 k shares	1.14	Common equity	Long	France
CSCO Cisco Systems, Inc.	30.46 mm	572.30 k shares	1.11	Common equity	Long	USA
X United States Steel Corporation	29.96 mm	848.13 k shares	1.10	Common equity	Long	USA
Michaels Cos., Inc. (The)	29.92 mm	51.00 mm principal	1.09	Debt	Long	USA
SSNC SS&C Technologies Holdings, Inc.	29.37 mm	395.76 k shares	1.07	Common equity	Long	USA
Sorenson Holdings LLC, First Lien, Term Loan, B	29.18 mm	28.71 mm principal	1.07	Loan	Long	USA
HIG The Hartford Financial Services Group, Inc.	28.35 mm	241.08 k shares	1.04	Common equity	Long	USA
Johnson Controls International plc	27.81 mm	358.30 k shares	1.02	Common equity	Long	Ireland
VOYA Voya Financial, Inc.	27.65 mm	349.04 k shares	1.01	Common equity	Long	USA
Fresenius SE & Co. KGaA	27.41 mm	718.43 k shares	1.00	Common equity	Long	Germany
Denso Corp.	27.25 mm	1.81 mm shares	1.00	Common equity	Long	Japan
Travelport Finance Luxembourg SARL, First Lien, Priority CME Term Loan	26.32 mm	30.28 mm principal	0.96	Loan	Long	Luxembourg
EOG EOG Resources, Inc.	26.02 mm	211.69 k shares	0.95	Common equity	Long	USA
American Airlines, Inc., First Lien, Initial CME Term Loan	24.90 mm	25.06 mm principal	0.91	Loan	Long	USA
Samsung Electronics Co. Ltd.	22.49 mm	485.23 k shares	0.82	Common equity	Long	Korea, Republic of
AAdvantage Loyalty IP Ltd., First Lien, Initial CME Term Loan	22.14 mm	21.50 mm principal	0.81	Loan	Long	USA
LEA Lear Corporation	21.47 mm	196.72 k shares	0.79	Common equity	Long	USA
HUM Humana Inc.	20.47 mm	64.64 k shares	0.75	Common equity	Long	USA
Anglo American plc	19.52 mm	600.44 k shares	0.71	Common equity	Long	UK
Savills plc	17.20 mm	1.08 mm shares	0.63	Common equity	Long	UK
Quest Software, Inc., Second Lien, Initial CME Term Loan	17.02 mm	46.84 mm principal	0.62	Loan	Long	USA
Capri Holdings Ltd.	15.50 mm	365.17 k shares	0.57	Common equity	Long	Virgin Islands (British)
Renesas Electronics Corp.	15.43 mm	1.06 mm shares	0.56	Common equity	Long	Japan
EVRG Evergy, Inc.	14.43 mm	232.64 k shares	0.53	Common equity	Long	USA
AMT American Tower Corporation	14.21 mm	61.11 k shares	0.52	Common equity	Long	USA
SPLS Staples Inc	13.98 mm	17.00 mm principal	0.51	Debt	Long	USA
HES Hess Corporation	13.00 mm	95.71 k shares	0.48	Common equity	Long	USA
TransDigm, Inc., First Lien, CME Term Loan, 1	12.96 mm	12.95 mm principal	0.47	Loan	Long	USA
Staples, Inc., First Lien, Closing Date CME Term Loan	11.84 mm	13.00 mm principal	0.43	Loan	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	11.64 mm	13.50 mm principal	0.43	Debt	Long	USA
SPLS Staples Inc	7.77 mm	8.00 mm principal	0.28	Debt	Long	USA
CoreLogic, Inc., First Lien, Initial CME Term Loan	7.57 mm	7.62 mm principal	0.28	Loan	Long	USA
DISH DBS Corp.	6.92 mm	6.96 mm principal	0.25	Debt	Long	USA
Uniti Group LP / Uniti Group Finance, Inc. / CSL Capital LLC	5.34 mm	5.00 mm principal	0.20	Debt	Long	USA
Valeant Pharmaceuticals International	5.12 mm	5.46 mm principal	0.19	Debt	Long	USA
BHC Bausch Health Companies Inc.	4.94 mm	8.00 mm principal	0.18	Debt	Long	Canada
U.S. Treasury Bills	4.91 mm	5.00 mm principal	0.18	Short-term investment vehicle	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	3.85 mm	2.41 mm shares	0.14	Common equity	Long	USA
Intelsat SA	3.35 mm	106.03 k shares	0.12	Common equity	Long	Luxembourg
Valeant Pharmaceuticals International	2.88 mm	3.52 mm principal	0.11	Debt	Long	USA
DISH DISH Network CORP	2.10 mm	2.00 mm principal	0.08	Debt	Long	USA
Loyalty Ventures, Inc., First Lien, Term Loan, B	2.06 mm	26.14 mm principal	0.08	Loan	Long	USA
Intelsat Emergence SA	1.05 mm	262.16 k shares	0.04		Long	Luxembourg
American Airlines, Inc.	345.03 k	325.00 k principal	0.01	Debt	Long	USA
Intelsat Emergence SA	112.88 k	61.22 k shares	0.00		Long	Luxembourg
Forward Foreign Currency Contract HSBC Bank	58.11 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract UBS AG	38.59 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	16.81 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract UBS AG	11.57 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	9.25 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	6.21 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	4.44 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	2.34 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Wells Fargo Bank	2.06 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract UBS AG	1.43 k	1.00 contracts	0.00	DFE	N/A	N/A
Tenerity, Inc.	28.70	1.00 shares	0.00	Common equity	Long	USA
Walter Energy, Inc., Litigation Trust, Contingent Distribution	0	7.44 mm shares	0.00	Common equity	Long	USA
Bosgen Liquidating Trust c/o Verdolino and Lowey P.C., Contingent Distribution	0	159.83 k shares	0.00	Common equity	Long	Netherlands
Forward Foreign Currency Contract UBS AG	-597.11	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract UBS AG	-8.17 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	-15.31 k	1.00 contracts	-0.00	DFE	N/A	N/A
Foreign Exchange GBP/USD	-36.42 k	-20.00 contracts	-0.00	DFE	N/A	USA
Forward Foreign Currency Contract HSBC Bank	-39.26 k	1.00 contracts	-0.00	DFE	N/A	N/A
United States Steel Corp.	-68.01 k	-2.27 k contracts	-0.00	Equity derivative	N/A	USA
Foreign Exchange EUR/USD	-87.74 k	-92.00 contracts	-0.00	DFE	N/A	USA
Forward Foreign Currency Contract HSBC Bank	-130.08 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	-364.16 k	1.00 contracts	-0.01	DFE	N/A	N/A
Forward Foreign Currency Contract Wells Fargo Bank	-418.23 k	1.00 contracts	-0.02	DFE	N/A	N/A
Forward Foreign Currency Contract Bank of America	-451.09 k	1.00 contracts	-0.02	DFE	N/A	N/A
Forward Foreign Currency Contract Wells Fargo Bank	-468.26 k	1.00 contracts	-0.02	DFE	N/A	N/A
Forward Foreign Currency Contract UBS AG	-749.59 k	1.00 contracts	-0.03	DFE	N/A	N/A