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      <invstOrSec>
        <name>ANSYS, Inc.</name>
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        <title>ANSYS, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ares Management Corp.</name>
        <lei>529900JUV61FH7B8VW38</lei>
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          <isin value="US03990B1017"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Arteris, Inc.</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ascendis Pharma A/S</name>
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        <title>Ascendis Pharma A/S</title>
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          <isin value="US04351P1012"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>DK</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Avery Dennison Corp.</name>
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        <title>Avery Dennison Corp.</title>
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          <isin value="US0536111091"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Axon Enterprise, Inc.</name>
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          <isin value="US05464C1018"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BellRing Brands, Inc.</name>
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        <title>BellRing Brands, Inc.</title>
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          <isin value="US07831C1036"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BioMarin Pharmaceutical, Inc.</name>
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        <title>BioMarin Pharmaceutical, Inc.</title>
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          <isin value="US09061G1013"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Blue Owl Capital, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Burlington Stores, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cava Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Celsius Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Celsius Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Certara, Inc.</name>
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        </securityLending>
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        <name>CG oncology, Inc.</name>
        <lei>N/A</lei>
        <title>CG oncology, Inc.</title>
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        <name>Cheniere Energy, Inc.</name>
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        <name>Cloudflare, Inc.</name>
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        <name>Databricks, Inc.</name>
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        <name>Confluent, Inc.</name>
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        <name>Crowdstrike Holdings, Inc.</name>
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        <name>Datadog, Inc.</name>
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        <name>Dexcom, Inc.</name>
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        <title>Dexcom, Inc.</title>
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        <name>DoorDash, Inc.</name>
        <lei>549300NUQ43FGGSK5051</lei>
        <title>DoorDash, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>EPAM Systems, Inc.</name>
        <lei>549300XCR4R530HJP604</lei>
        <title>EPAM Systems, Inc.</title>
        <cusip>29414B104</cusip>
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        <name>Equity LifeStyle Properties, Inc.</name>
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        <name>Fair Isaac Corp.</name>
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      <invstOrSec>
        <name>Fastenal Co.</name>
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        <name>Five Below, Inc.</name>
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        <name>Freshpet, Inc.</name>
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        <name>Arthur J Gallagher &amp; Co.</name>
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        <name>Gartner, Inc.</name>
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        <name>Blaize, Inc.</name>
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        <name>OneTrust LLC</name>
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        <name>Blaize, Inc.</name>
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        <name>Blaize, Inc.</name>
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        <name>Phononic, Inc.</name>
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        <name>Phononic, Inc.</name>
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        <name>Halliburton Co.</name>
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        <name>HealthEquity, Inc.</name>
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        <name>Hess Corp.</name>
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        <name>IDEX Corp.</name>
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        <name>IDEXX Laboratories, Inc.</name>
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        <name>Institutional Fiduciary Trust - Money Market Portfolio</name>
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        <title>Institutional Fiduciary Trust - Money Market Portfolio</title>
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        <name>LPL Financial Holdings, Inc.</name>
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        <name>Lamb Weston Holdings, Inc.</name>
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      <invstOrSec>
        <name>Lattice Semiconductor Corp.</name>
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        <title>Lattice Semiconductor Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lineage, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MSCI, Inc.</name>
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        <name>Blaize, Inc.</name>
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      <invstOrSec>
        <name>Mobileye Global, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MongoDB, Inc.</name>
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      <invstOrSec>
        <name>Monolithic Power Systems, Inc.</name>
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        <title>Monolithic Power Systems, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>NVR, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Nasdaq, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Neurocrine Biosciences, Inc.</name>
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        <title>Neurocrine Biosciences, Inc.</title>
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          <isin value="US64125C1099"/>
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        <fairValLevel>1</fairValLevel>
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        <name>New York Times Co. (The)</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Old Dominion Freight Line, Inc.</name>
        <lei>5299009TWK32WE417T96</lei>
        <title>Old Dominion Freight Line, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Onto Innovation, Inc.</name>
        <lei>254900RXZVN73CHOO062</lei>
        <title>Onto Innovation, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Paychex, Inc.</name>
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        <name>Penumbra, Inc.</name>
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        <name>Pinterest, Inc.</name>
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        <name>Procore Technologies, Inc.</name>
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        <name>Repligen Corp.</name>
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        <name>Republic Services, Inc.</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>Republic Services, Inc., Class A</title>
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        <name>ROBLOX Corp.</name>
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        <name>Rockwell Automation, Inc.</name>
        <lei>VH3R4HHBHH12O0EXZJ88</lei>
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        <invCountry>US</invCountry>
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        <name>Ross Stores, Inc.</name>
        <lei>549300ENZFLPGRDFZQ60</lei>
        <title>Ross Stores, Inc.</title>
        <cusip>778296103</cusip>
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        <invCountry>US</invCountry>
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        <name>SiTime Corp.</name>
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        <name>Targa Resources Corp.</name>
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        <name>Terreno Realty Corp.</name>
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        <name>Texas Roadhouse, Inc.</name>
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        <name>Tractor Supply Co.</name>
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        <name>Tradeweb Markets, Inc.</name>
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        <name>TransDigm Group, Inc.</name>
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        <name>TransUnion</name>
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        <name>United Rentals, Inc.</name>
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        <name>Wynn Resorts Ltd.</name>
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        <name>Xylem, Inc.</name>
        <lei>549300DF5MV96DRYLQ48</lei>
        <title>Xylem, Inc.</title>
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        <pctVal>1.167361718559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phononic, Inc.</name>
        <lei>N/A</lei>
        <title>Phononic, Inc., First Lien, Term Loan, B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1219445"/>
        </identifiers>
        <balance>951829.51000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>863840.76000000</valUSD>
        <pctVal>0.022507412432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>12.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phononic Devices, Inc.</name>
        <lei>N/A</lei>
        <title>Phononic Devices, Inc., Series F</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="987115"/>
        </identifiers>
        <balance>2970061.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>39080.06000000</valUSD>
        <pctVal>0.001018232837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Newsela, Inc.</name>
        <lei>N/A</lei>
        <title>Newsela, Inc., Series D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1130884"/>
        </identifiers>
        <balance>423782.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7838559.62000000</valUSD>
        <pctVal>0.204234046842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phononic Devices, Inc.</name>
        <lei>N/A</lei>
        <title>Phononic Devices, Inc., Series G-2</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1152144"/>
        </identifiers>
        <balance>513050.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32140.53000000</valUSD>
        <pctVal>0.000837423050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fanatics Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Fanatics Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1138870"/>
        </identifiers>
        <balance>793714.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50029645.15000000</valUSD>
        <pctVal>1.303524803844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blaize, Inc.</name>
        <lei>254900C2F3US7ZQB5E03</lei>
        <title>Blaize, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1229331"/>
        </identifiers>
        <balance>570120.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>570178.00000000</valUSD>
        <pctVal>0.014856015136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jazz Pharmaceuticals plc</name>
        <lei>635400GAUMJCLEZRRV50</lei>
        <title>Jazz Pharmaceuticals plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00B4Q5ZN47"/>
          <other otherDesc="Inhouse Asset ID" value="514264"/>
        </identifiers>
        <balance>381477.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42057839.25000000</valUSD>
        <pctVal>1.095819018786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Trane Technologies plc</name>
        <lei>549300BURLR9SLYY2705</lei>
        <title>Trane Technologies plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BK9ZQ967"/>
          <other otherDesc="Inhouse Asset ID" value="226223"/>
        </identifiers>
        <balance>298495.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>99780908.60000000</valUSD>
        <pctVal>2.599796359144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Institutional Fiduciary Trust Money Market Portfolio</name>
        <lei>N/A</lei>
        <title>Institutional Fiduciary Trust Money Market Portfolio</title>
        <cusip>8611239C3</cusip>
        <identifiers>
          <isin value="US4577565009"/>
        </identifiers>
        <balance>23951750.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23951750.00000000</valUSD>
        <pctVal>0.624063994994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="23951750.00000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Monday.com Ltd.</name>
        <lei>984500MDAFVD86E3B328</lei>
        <title>Monday.com Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011762130"/>
          <other otherDesc="Inhouse Asset ID" value="1149571"/>
        </identifiers>
        <balance>138801.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>31897857.81000000</valUSD>
        <pctVal>0.831100215086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phononic, Inc.</name>
        <lei>N/A</lei>
        <title>Phononic, Inc., Series H-S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1357310"/>
        </identifiers>
        <balance>66234.79000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66234.79000000</valUSD>
        <pctVal>0.001725750630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.31000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Phononic, Inc.</name>
              <title>Phononic, Inc.</title>
              <curCd>USD</curCd>
              <identifiers>
                <other otherDesc="N/A" value="N/A"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="N/A" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phononic, Inc.</name>
        <lei>N/A</lei>
        <title>Phononic, Inc., Series H-S</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1357314"/>
        </identifiers>
        <balance>7990.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Anduril Industries, Inc.</name>
        <lei>N/A</lei>
        <title>Anduril Industries, Inc., Series F</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1369855"/>
        </identifiers>
        <balance>414483.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9009451.18000000</valUSD>
        <pctVal>0.234741682595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-08-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Strategic Series</ncom:nameOfApplicant>
      <ncom:signature>Monica Krogh</ncom:signature>
      <ncom:signerName>Monica Krogh</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
