Phononic, Inc., Series H-S

NPORT-P false 0000872625 XXXXXXXX S000006888 C000128864 C000018653 C000018654 C000018652 C000018650 Franklin Strategic Series 811-06243 0000872625 549300NDWC0J6DXVSX36 One Franklin Parkway San Mateo 94403-1906 650-312-2000 Franklin Small-Mid Cap Growth Fund S000006888 549300XZX5ZXXK3WKM42 2026-04-30 2025-10-31 N 3817265038.85 4732085.53 3812532953.32 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N Phononic, Inc. N/A Phononic, Inc., Series H-S N/A 66234.79000000 PA USD 66234.79000000 0.001737290950 Long DBT CORP US Y 3 2027-11-30 Fixed 5.31000000 N N N N N Phononic, Inc. Phononic, Inc. USD XXXX N N N Phononic, Inc. N/A Phononic, Inc., First Lien, Term Loan, B N/A 1105932.68000000 PA USD 914854.76000000 0.023995983017 Long LON CORP US N 3 2025-11-30 Fixed 12.00000000 N N Y N N N Blaize Events & Media, Inc. N/A Blaize Events & Media, Inc. N/A 113948.00000000 NS USD 0.00000000 0.000000 Long EC CORP US N 3 N N N AMETEK, Inc. 549300WZDEF9KKE40E98 AMETEK, Inc. 031100100 265345.00000000 NS USD 53628877.95000000 1.406646935426 Long EC CORP US N 1 N N N Equity LifeStyle Properties, Inc. 529900PEQG66LENB6798 Equity LifeStyle Properties, Inc. 29472R108 323560.00000000 NS USD 19753338.00000000 0.518115862652 Long EC CORP US N 1 N N N Xylem, Inc. 549300DF5MV96DRYLQ48 Xylem, Inc. 98419M100 353508.00000000 NS USD 53326681.80000000 1.398720547544 Long EC CORP US N 1 N N N Lattice Semiconductor Corp. 549300LRBBPZDQ2II567 Lattice Semiconductor Corp. 518415104 903326.00000000 NS USD 65906664.96000000 1.728684466913 Long EC CORP US N 1 N N N Hilton Worldwide Holdings, Inc. 549300HVGPK36ICB0B89 Hilton Worldwide Holdings, Inc. 43300A203 257676.00000000 NS USD 66212424.96000000 1.736704332020 Long EC CORP US N 1 N N N NVR, Inc. 529900RWXR4JI3JYTV70 NVR, Inc. 62944T105 5278.00000000 NS USD 38058707.96000000 0.998252564003 Long EC CORP US N 1 N N N Benchling, Inc. N/A Benchling, Inc., Series F N/A 347106.00000000 NS USD 3902309.70000000 0.102354779559 Long EC CORP US Y 3 N N N Arteris, Inc. N/A Arteris, Inc. 04302A104 1456454.00000000 NS USD 19822338.94000000 0.519925707730 Long EC CORP US N 1 N N N Howmet Aerospace, Inc. 549300HO5WFZUT5N2T22 Howmet Aerospace, Inc. 443201108 476896.00000000 NS USD 98216731.20000000 2.576154289092 Long EC CORP US N 1 N N N Repligen Corp. 54930006QJ0T5AUO1E71 Repligen Corp. 759916109 305031.00000000 NS USD 45467920.86000000 1.192590894733 Long EC CORP US N 1 N N N Insmed, Inc. 529900Q55QAG41CCAC11 Insmed, Inc. 457669307 215800.00000000 NS USD 40915680.00000000 1.073188887832 Long EC CORP US N 1 N N N Marriott International, Inc. 225YDZ14ZO8E1TXUSU86 Marriott International, Inc., Class A 571903202 156800.00000000 NS USD 40858944.00000000 1.071700743318 Long EC CORP US N 1 N N N Pinterest, Inc. N/A Pinterest, Inc., Class A 72352L106 1379579.00000000 NS USD 45664064.90000000 1.197735611969 Long EC CORP US N 1 N N N DoorDash, Inc. 549300NUQ43FGGSK5051 DoorDash, Inc., Class A 25809K105 355519.00000000 NS USD 90433368.03000000 2.372002265613 Long EC CORP US N 1 N N N Fair Isaac Corp. RI6HET5SJUEY30V1PS26 Fair Isaac Corp. 303250104 42268.00000000 NS USD 70145014.04000000 1.839853317960 Long EC CORP US N 1 N N N Cheniere Energy, Inc. MIHC87W9WTYSYZWV1J40 Cheniere Energy, Inc. 16411R208 103485.00000000 NS USD 21938820.00000000 0.575439485208 Long EC CORP US N 1 N N N Phononic, Inc. N/A Phononic, Inc. N/A 66234.79000000 PA USD 66234.79000000 0.001737290950 Long DBT CORP US Y 3 2027-11-30 Fixed 5.31000000 N N N N N Phononic, Inc. Phononic, Inc. USD XXXX N N N Phononic Devices, Inc. N/A Phononic Devices, Inc., Series G-2-S N/A 513050.00000000 NS USD 492.53000000 0.000012918708 Long EP CORP US Y 3 N N N Phononic, Inc. N/A Phononic, Inc., Series H-S-X N/A 47104.00000000 NS USD 1280.38000000 0.000033583447 Long CORP US Y 3 N N N Navan, Inc. 254900RHRK35UPHTGY05 Navan, Inc., Class A 639193101 150724.00000000 NS USD 3055929.10000000 0.080154824559 Long EC CORP US N 1 N N N Blaize Holdings, Inc. N/A Blaize Holdings, Inc. N/A 114150.00000000 NS USD 0.00000000 0.000000 Long EC CORP US N 3 N N N StandardAero, Inc. N/A StandardAero, Inc. 85423L103 839610.00000000 NS USD 24256332.90000000 0.636226183405 Long EC CORP US N 1 N N N Trade Desk, Inc. (The) 549300GXPD31VT3E0P46 Trade Desk, Inc. (The), Class A 88339J105 426591.00000000 NS USD 21448995.48000000 0.562591739995 Long EC CORP US N 1 N N N Jones Lang LaSalle, Inc. 6SYKCME112RT8TQUO411 Jones Lang LaSalle, Inc. 48020Q107 28439.00000000 NS USD 8676454.51000000 0.227577167626 Long EC CORP US N 1 N N N HealthEquity, Inc. 529900LRJU1RAFQHM467 HealthEquity, Inc. 42226A107 227939.00000000 NS USD 21558470.62000000 0.565463194258 Long EC CORP US N 1 N N N Carvana Co. 5493003WEAK2PJ5WS063 Carvana Co., Class A 146869102 182919.00000000 NS USD 56071990.26000000 1.470728015902 Long EC CORP US N 1 N N N Veeva Systems, Inc. 549300YZEXPDB92M2F02 Veeva Systems, Inc., Class A 922475108 258827.00000000 NS USD 75370422.40000000 1.976912024704 Long EC CORP US N 1 N N N Vertiv Holdings Co. 549300KTTIRAOGXCRV69 Vertiv Holdings Co., Class A 92537N108 530646.00000000 NS USD 102340387.56000000 2.684314832502 Long EC CORP US N 1 N N N ROBLOX Corp. N/A ROBLOX Corp., Class A 771049103 1264428.00000000 NS USD 143790752.16000000 3.771528113213 Long EC CORP US N 1 N N N Royal Caribbean Cruises Ltd. K2NEH8QNVW44JIWK7Z55 Royal Caribbean Cruises Ltd. N/A 387633.00000000 NS USD 111184773.39000000 2.916296717991 Long EC CORP LR N 1 N N N Natera, Inc. N/A Natera, Inc. 632307104 324800.00000000 NS USD 64612464.00000000 1.694738505636 Long EC CORP US N 1 N N N MSCI, Inc. 549300HTIN2PD78UB763 MSCI, Inc., Class A 55354G100 109440.00000000 NS USD 64410912.00000000 1.689451941494 Long EC CORP US N 1 N N N Axon Enterprise, Inc. 549300QP2IEEGFE16681 Axon Enterprise, Inc. 05464C101 121957.00000000 NS USD 89300574.11000000 2.342289895022 Long EC CORP US N 1 N N N AAON, Inc. N/A AAON, Inc. 000360206 585300.00000000 NS USD 57587667.00000000 1.510483127755 Long EC CORP US N 1 N N N Nasdaq, Inc. 549300L8X1Q78ERXFD06 Nasdaq, Inc. 631103108 443736.00000000 NS USD 37934990.64000000 0.995007547592 Long EC CORP US N 1 N N N AutoZone, Inc. GA3JGKJ41LJKXDN23E90 AutoZone, Inc. 053332102 15400.00000000 NS USD 56586222.00000000 1.484215944959 Long EC CORP US N 1 N N N Datadog, Inc. 549300F6JNO0KRPO1K63 Datadog, Inc., Class A 23804L103 627281.00000000 NS USD 102127619.61000000 2.678734082050 Long EC CORP US N 1 N N N BWX Technologies, Inc. 549300NP85N265KWMS58 BWX Technologies, Inc. 05605H100 303556.00000000 NS USD 64842597.16000000 1.700774733069 Long EC CORP US N 1 N N N CG oncology, Inc. N/A CG oncology, Inc. 156944100 385071.00000000 NS USD 16662022.17000000 0.437032869591 Long EC CORP US N 1 N N N HubSpot, Inc. 529900BLNVEW0MVKJB37 HubSpot, Inc. 443573100 126673.00000000 NS USD 62312982.16000000 1.634424749187 Long EC CORP US N 1 N N N Cava Group, Inc. N/A Cava Group, Inc. 148929102 740509.00000000 NS USD 39787548.57000000 1.043598811004 Long EC CORP US N 1 N N N Phononic, Inc. N/A Phononic, Inc., Series H-S N/A 66234.79000000 PA USD 66234.79000000 0.001737290950 Long DBT CORP US Y 3 2027-11-30 Fixed 5.31000000 N N N N N Phononic, Inc. Phononic, Inc. USD XXXX N N N Alnylam Pharmaceuticals, Inc. 529900S3ZI14OWRJII50 Alnylam Pharmaceuticals, Inc. 02043Q107 164505.00000000 NS USD 75020860.20000000 1.967743259364 Long EC CORP US N 1 N N N Procore Technologies, Inc. 5493005PTWY0RHYRAH22 Procore Technologies, Inc. 74275K108 599965.00000000 NS USD 44289416.30000000 1.161679566898 Long EC CORP US N 1 N N N Ascendis Pharma A/S 549300B66JN3W3J8GH73 Ascendis Pharma A/S 04351P101 50232.00000000 NS USD 10126771.20000000 0.265617932329 Long EC CORP DK N 1 N N N Blue Owl Capital, Inc. N/A Blue Owl Capital, Inc., Class A 09581B103 2935479.00000000 NS USD 46292503.83000000 1.214219113560 Long EC CORP US N 1 N N N Dexcom, Inc. 549300YSK3QDSFR5EU59 Dexcom, Inc. 252131107 949600.00000000 NS USD 55285712.00000000 1.450104502096 Long EC CORP US N 1 N N N BellRing Brands, Inc. 549300S3BOK5CMTS8054 BellRing Brands, Inc. 07831C103 263031.00000000 NS USD 7925124.03000000 0.207870308979 Long EC CORP US N 1 N N N Blaize Events & Media, Inc. N/A Blaize Events & Media, Inc. N/A 114800.00000000 NS USD 0.00000000 0.000000 Long EC CORP US N 3 N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 Fifth Third Bancorp 316773100 851600.00000000 NS USD 35443592.00000000 0.929659951375 Long EC CORP US N 1 N N N Casey's General Stores, Inc. 549300CAFWSI86V66Q65 Casey's General Stores, Inc. 147528103 46457.00000000 NS USD 23841267.83000000 0.625339324850 Long EC CORP US N 1 N N N Penumbra, Inc. 549300RGE06P3ECANU72 Penumbra, Inc. 70975L107 144373.00000000 NS USD 32826089.01000000 0.861004728665 Long EC CORP US N 1 N N N Manhattan Associates, Inc. 529900Q1GJP7KD52SW51 Manhattan Associates, Inc. 562750109 233500.00000000 NS USD 42513345.00000000 1.115094492835 Long EC CORP US N 1 N N N OneTrust LLC 984500WD5532BB49FA33 OneTrust LLC, Series C N/A 767526.00000000 NS USD 14989422.04000000 0.393161769970 Long EC CORP US Y 3 N N N Blaize Events & Media, Inc. N/A Blaize Events & Media, Inc. N/A 126137.00000000 NS USD 493195.67000000 0.012936168055 Long EC CORP US N 1 N N Plaid, Inc. N/A Plaid, Inc., Class A N/A 30940.00000000 NS USD 5832307.14000000 0.152977225676 Long EC CORP JP Y 3 N N N SailPoint, Inc. N/A SailPoint, Inc. 78781J109 602600.00000000 NS USD 13064368.00000000 0.342668985683 Long EC CORP US N 1 N N N Wingstop, Inc. 549300SSH3F8HPIM3Q47 Wingstop, Inc. 974155103 168225.00000000 NS USD 36442581.75000000 0.955862734727 Long EC CORP US N 1 N N N Vistra Corp. 549300KP43CPCUJOOG15 Vistra Corp. 92840M102 365578.00000000 NS USD 68838337.40000000 1.805580128561 Long EC CORP US N 1 N N N Anduril Industries, Inc. N/A Anduril Industries, Inc., Series F N/A 414483.00000000 NS USD 23509765.90000000 0.616644267416 Long EC CORP US Y 3 N N N Verisk Analytics, Inc. 549300I1YSWNIRKBWP67 Verisk Analytics, Inc., Class A 92345Y106 297234.00000000 NS USD 65022909.84000000 1.705504205107 Long EC CORP US N 1 N N N IDEXX Laboratories, Inc. OGMTXK0LUU1HKV2P0J84 IDEXX Laboratories, Inc. 45168D104 72732.00000000 NS USD 45785521.32000000 1.200921326598 Long EC CORP US N 1 N N N Franklin Institutional U.S. Government Money Market Fund N/A Franklin Institutional U.S. Government Money Market Fund 8611239C3 958400.00000000 NS USD 958400.00000000 0.025138143374 Long STIV RF US N 1 N N Phononic Devices, Inc. N/A Phononic Devices, Inc., Series F-S N/A 2970061.00000000 NS USD 121.77000000 0.000003193939 Long EP CORP US Y 3 N N N Onto Innovation, Inc. 254900RXZVN73CHOO062 Onto Innovation, Inc. 683344105 241029.00000000 NS USD 32529273.84000000 0.853219480022 Long EC CORP US N 1 N N N LPL Financial Holdings, Inc. 549300XROQ4Y8G2L7682 LPL Financial Holdings, Inc. 50212V100 139948.00000000 NS USD 52803779.88000000 1.385005205896 Long EC CORP US N 1 N N N Databricks, Inc. 984500FEDAC7FBD96273 Databricks, Inc., Series G N/A 227829.00000000 NS USD 34174350.00000000 0.896368645685 Long EC CORP US Y 3 N N N Paychex, Inc. 529900K900DW6SUBM174 Paychex, Inc. 704326107 411927.00000000 NS USD 48207816.81000000 1.264456396842 Long EC CORP US N 1 N N N Ares Management Corp. 529900JUV61FH7B8VW38 Ares Management Corp., Class A 03990B101 569336.00000000 NS USD 84665956.56000000 2.220727206731 Long EC CORP US N 1 N N N Newsela, Inc. N/A Newsela, Inc., Series D N/A 423782.00000000 NS USD 7669490.94000000 0.201165236704 Long EC CORP US Y 3 N N N Fanatics Holdings, Inc. N/A Fanatics Holdings, Inc. N/A 793714.00000000 NS USD 49174484.20000000 1.289811387916 Long EC CORP US Y 3 N N N TransUnion 549300ZS772LUNUMRB03 TransUnion 89400J107 254166.00000000 NS USD 20633195.88000000 0.541193902652 Long EC CORP US N 1 N N N Netskope, Inc. 254900CS525VJG6KO570 Netskope, Inc., Class A 64119N608 146822.00000000 NS USD 3470872.08000000 0.091038480781 Long EC CORP US N 1 N N N Phononic, Inc. N/A Phononic, Inc., Series H-S N/A 117763.00000000 NS USD 194633.74000000 0.005105103152 Long EP CORP US Y 3 N N N Old Dominion Freight Line, Inc. 5299009TWK32WE417T96 Old Dominion Freight Line, Inc. 679580100 244488.00000000 NS USD 34331004.96000000 0.900477592727 Long EC CORP US N 1 N N N Tradeweb Markets, Inc. N/A Tradeweb Markets, Inc., Class A 892672106 296376.00000000 NS USD 31235066.64000000 0.819273355074 Long EC CORP US N 1 N N N United Rentals, Inc. 5323X5O7RN0NKFCDRY08 United Rentals, Inc. 911363109 54446.00000000 NS USD 47432266.28000000 1.244114263686 Long EC CORP US N 1 N N N Tractor Supply Co. 549300OJ9VZHZRO6I137 Tractor Supply Co. 892356106 1415180.00000000 NS USD 76575389.80000000 2.008517453818 Long EC CORP US N 1 N N N Astera Labs, Inc. 529900LJL8TUEGF7HG20 Astera Labs, Inc. 04626A103 51086.00000000 NS USD 9536734.48000000 0.250141693114 Long EC CORP US N 1 N N N Paymentus Holdings, Inc. N/A Paymentus Holdings, Inc., Class A 70439P108 690657.00000000 NS USD 19752790.20000000 0.518101494251 Long EC CORP US N 1 N N N Tyler Technologies, Inc. 25490040SMU4Z8LBCW70 Tyler Technologies, Inc. 902252105 94400.00000000 NS USD 44958944.00000000 1.179240797403 Long EC CORP US N 1 N N N SiTime Corp. N/A SiTime Corp. 82982T106 30381.00000000 NS USD 8799552.84000000 0.230805948374 Long EC CORP US N 1 N N N Franklin Institutional U.S. Government Money Market Fund 549300M4TP89K77LG374 Franklin Institutional U.S. Government Money Market Fund 457756500 75214357.47100000 NS USD 75214357.47000000 1.972818553725 Long STIV RF US N 1 N N N Texas Roadhouse, Inc. 5299002Y1CNRPDGXTQ75 Texas Roadhouse, Inc., Class A 882681109 288800.00000000 NS USD 47241904.00000000 1.239121197860 Long EC CORP US N 1 N N N Targa Resources Corp. 5493003QENHHS261UR94 Targa Resources Corp. 87612G101 325116.00000000 NS USD 50080868.64000000 1.313585200526 Long EC CORP US N 1 N N N Fastenal Co. 529900PP0C7H2HHPSJ32 Fastenal Co. 311900104 613597.00000000 NS USD 25249516.55000000 0.662276676927 Long EC CORP US N 1 N N N New York Times Co. (The) 529900J1WEMMIW7BOH57 New York Times Co. (The), Class A 650111107 810828.00000000 NS USD 46209087.72000000 1.212031168930 Long EC CORP US N 1 N N N EURO N/A EURO N/A 145.66999999 OU Currencies 167.91000000 0.000004404158 Long STIV XX N 1 N N N Cencora, Inc. AI8GXW8LG5WK7E9UD086 Cencora, Inc. 03073E105 212070.00000000 NS USD 71639366.70000000 1.879049114516 Long EC CORP US N 1 N N N Blaize Events & Media, Inc. N/A Blaize Events & Media, Inc. N/A 114420.00000000 NS USD 0.00000000 0.000000 Long EC CORP US N 3 N N N Burlington Stores, Inc. 5299003Z37DVGKKC1W09 Burlington Stores, Inc. 122017106 262567.00000000 NS USD 71835705.53000000 1.884198940954 Long EC CORP US N 1 N N N Alkami Technology, Inc. 254900FCNYU4HNEV9L47 Alkami Technology, Inc. 01644J108 1020496.00000000 NS USD 20705863.84000000 0.543099931030 Long EC CORP US N 1 N N N Cloudflare, Inc. 5493007DY18BGNLDWU14 Cloudflare, Inc., Class A 18915M107 267561.00000000 NS USD 67773201.30000000 1.777642373975 Long EC CORP US N 1 N N N Monolithic Power Systems, Inc. 529900TB7O85LSZ1XU31 Monolithic Power Systems, Inc. 609839105 91727.00000000 NS USD 92185635.00000000 2.417962969204 Long EC CORP US N 1 N N N Phononic, Inc. N/A Phononic, Inc., Series H-S N/A 23970.00000000 NS USD 651.55000000 0.000017089688 Long EC CORP US Y 3 N N N 2025-12-01 Franklin Strategic Series Monica Krogh Monica Krogh Assistant Treasurer