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        <name>uniQure NV</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AvePoint, Inc.</name>
        <lei>N/A</lei>
        <title>AvePoint, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Haemonetics Corp.</name>
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        <title>Haemonetics Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Credo Technology Group Holding Ltd.</name>
        <lei>N/A</lei>
        <title>Credo Technology Group Holding Ltd.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lattice Semiconductor Corp.</name>
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        <title>Lattice Semiconductor Corp.</title>
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          <isin value="US5184151042"/>
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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>Integer Holdings Corp.</name>
        <lei>549300SUD2ED5XG6X569</lei>
        <title>Integer Holdings Corp.</title>
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          <isin value="US45826H1095"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Oddity Tech Ltd.</name>
        <lei>254900QH12XZS53G0V57</lei>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Benchling, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Repligen Corp.</name>
        <lei>54930006QJ0T5AUO1E71</lei>
        <title>Repligen Corp.</title>
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          <isin value="US7599161095"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Insmed, Inc.</name>
        <lei>529900Q55QAG41CCAC11</lei>
        <title>Insmed, Inc.</title>
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          <isin value="US4576693075"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dyne Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Dyne Therapeutics, Inc.</title>
        <cusip>26818M108</cusip>
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          <isin value="US26818M1080"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Soleno Therapeutics, Inc.</name>
        <lei>5493003LCY77N7FXK844</lei>
        <title>Soleno Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Checkr, Inc.</name>
        <lei>N/A</lei>
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        <name>Cactus, Inc.</name>
        <lei>549300J3T8C9F8QFKV08</lei>
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        <name>Freshpet, Inc.</name>
        <lei>549300S4ZK8ZQ6HNPN59</lei>
        <title>Freshpet, Inc.</title>
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      <invstOrSec>
        <name>JFrog Ltd.</name>
        <lei>2549002N8E00AY49G567</lei>
        <title>JFrog Ltd.</title>
        <cusip>N/A</cusip>
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        <name>Allegiant Travel Co.</name>
        <lei>549300JM9OZXOHWL2K18</lei>
        <title>Allegiant Travel Co.</title>
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        <name>Tula eTechnology, Inc.</name>
        <lei>N/A</lei>
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        <name>Revolution Medicines, Inc.</name>
        <lei>549300JU3X0LBCQ65892</lei>
        <title>Revolution Medicines, Inc.</title>
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        <name>1661, Inc.</name>
        <lei>N/A</lei>
        <title>1661, Inc., Series F</title>
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        <name>Lumentum Holdings, Inc.</name>
        <lei>549300JLWRRC38DWEF52</lei>
        <title>Lumentum Holdings, Inc.</title>
        <cusip>55024U109</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Confluent, Inc.</name>
        <lei>254900MRZ83YWUV7SN74</lei>
        <title>Confluent, Inc., Class A</title>
        <cusip>20717M103</cusip>
        <identifiers>
          <isin value="US20717M1036"/>
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        <balance>1217352.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28449516.24000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wheels Up Experience, Inc.</name>
        <lei>N/A</lei>
        <title>Wheels Up Experience, Inc., Escrow Account</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1156794"/>
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        <name>ClearMotion, Inc.</name>
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        <name>Steven Madden Ltd.</name>
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        <name>Twist Bioscience Corp.</name>
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        <name>Portillo's, Inc.</name>
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        <name>Day One Biopharmaceuticals, Inc.</name>
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        <name>Janux Therapeutics, Inc.</name>
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        <name>Centessa Pharmaceuticals plc</name>
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        <name>Miami International Holdings, Inc.</name>
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        <name>Performance Food Group Co.</name>
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        <name>Wheels Up Experience, Inc.</name>
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        <name>Red Rock Resorts, Inc.</name>
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        <name>ClearMotion, Inc.</name>
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        <name>AAON, Inc.</name>
        <lei>N/A</lei>
        <title>AAON, Inc.</title>
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        <name>Titan America SA</name>
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        <name>Herc Holdings, Inc.</name>
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        <name>Alaska Air Group, Inc.</name>
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        <name>BWX Technologies, Inc.</name>
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        <name>CG oncology, Inc.</name>
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        <name>Kestra Medical Technologies Ltd.</name>
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        <name>FB Financial Corp.</name>
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        <name>MBX Biosciences, Inc.</name>
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        <name>Cava Group, Inc.</name>
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        <name>AAR Corp.</name>
        <lei>MP76T5YQX3YK5VVAQ802</lei>
        <title>AAR Corp.</title>
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        <name>Syndax Pharmaceuticals, Inc.</name>
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        <name>SPS Commerce, Inc.</name>
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        <name>Procore Technologies, Inc.</name>
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        <title>Procore Technologies, Inc.</title>
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        <name>Ascendis Pharma A/S</name>
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      <invstOrSec>
        <name>Tula eTechnology, Inc.</name>
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        <name>Ceribell, Inc.</name>
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        <name>Pebblebrook Hotel Trust</name>
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        <title>Pebblebrook Hotel Trust</title>
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        <name>Monday.com Ltd.</name>
        <lei>984500MDAFVD86E3B328</lei>
        <title>Monday.com Ltd.</title>
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        <name>Newamsterdam Pharma Co. NV</name>
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        <name>BellRing Brands, Inc.</name>
        <lei>549300S3BOK5CMTS8054</lei>
        <title>BellRing Brands, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>GeneDx Holdings Corp.</name>
        <lei>N/A</lei>
        <title>GeneDx Holdings Corp., Class A</title>
        <cusip>81663L200</cusip>
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        <balance>140122.00000000</balance>
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        <valUSD>19184103.02000000</valUSD>
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      <invstOrSec>
        <name>Matador Resources Co.</name>
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        <title>Matador Resources Co.</title>
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      <invstOrSec>
        <name>Olema Pharmaceuticals, Inc.</name>
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      <invstOrSec>
        <name>Silicon Laboratories, Inc.</name>
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      <invstOrSec>
        <name>Smule, Inc.</name>
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          <other otherDesc="Inhouse Asset ID" value="635852"/>
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      <invstOrSec>
        <name>Flywire Corp.</name>
        <lei>54930055DSV7NNY4VY66</lei>
        <title>Flywire Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Structure Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Structure Therapeutics, Inc.</title>
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          <isin value="US86366E1064"/>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Evercore, Inc.</name>
        <lei>529900P6KLPT95DW3W58</lei>
        <title>Evercore, Inc., Class A</title>
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          <isin value="US29977A1051"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alliance Laundry Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Alliance Laundry Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>LENZ Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>LENZ Therapeutics, Inc.</title>
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          <isin value="US52635N1037"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Wingstop, Inc.</name>
        <lei>549300SSH3F8HPIM3Q47</lei>
        <title>Wingstop, Inc.</title>
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          <isin value="US9741551033"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Houlihan Lokey, Inc.</name>
        <lei>549300S3CNGTQ1QZVY46</lei>
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          <isin value="US4415931009"/>
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      <invstOrSec>
        <name>Vontier Corp.</name>
        <lei>549300VVSQLG4P5K4639</lei>
        <title>Vontier Corp.</title>
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        <name>Chinook Therapeutics, Inc.</name>
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        <name>M/I Homes, Inc.</name>
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        <name>Western Alliance Bancorp</name>
        <lei>5493003VJXZ5JXT9S762</lei>
        <title>Western Alliance Bancorp</title>
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      <invstOrSec>
        <name>Smule, Inc.</name>
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        <name>Trex Co., Inc.</name>
        <lei>N/A</lei>
        <title>Trex Co., Inc.</title>
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        <name>Franklin Institutional U.S. Government Money Market Fund</name>
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        <name>Boot Barn Holdings, Inc.</name>
        <lei>529900QE1BFMYA3N4E71</lei>
        <title>Boot Barn Holdings, Inc.</title>
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        <name>EyePoint Pharmaceuticals, Inc.</name>
        <lei>549300QE1RU34T50MR69</lei>
        <title>EyePoint Pharmaceuticals, Inc.</title>
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        <name>Intapp, Inc.</name>
        <lei>N/A</lei>
        <title>Intapp, Inc.</title>
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        <name>OneTrust LLC</name>
        <lei>984500WD5532BB49FA33</lei>
        <title>OneTrust LLC, Series A-1</title>
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        <name>Onto Innovation, Inc.</name>
        <lei>254900RXZVN73CHOO062</lei>
        <title>Onto Innovation, Inc.</title>
        <cusip>683344105</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Legalzoom.com, Inc.</name>
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        <name>ClearMotion, Inc.</name>
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        <name>Newsela, Inc.</name>
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        <name>Badger Meter, Inc.</name>
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        <name>Klaviyo, Inc.</name>
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        <name>Inspire Medical Systems, Inc.</name>
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        <name>Netskope, Inc.</name>
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        <name>Lithia Motors, Inc.</name>
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        <name>Privia Health Group, Inc.</name>
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          <isin value="US74276R1023"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Infinity Natural Resources, Inc.</name>
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        <name>Arcosa, Inc.</name>
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        <name>LiveRamp Holdings, Inc.</name>
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        <name>Granite Construction, Inc.</name>
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        <name>Karman Holdings, Inc.</name>
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        <name>Paymentus Holdings, Inc.</name>
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        <name>SiTime Corp.</name>
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        <name>Guardant Health, Inc.</name>
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        <name>Nerdy, Inc.</name>
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        <name>Structure Therapeutics, Inc.</name>
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        <name>Franklin Institutional U.S. Government Money Market Fund</name>
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        <name>Texas Roadhouse, Inc.</name>
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        <name>New York Times Co. (The)</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liberty Energy, Inc.</name>
        <lei>N/A</lei>
        <title>Liberty Energy, Inc., Class A</title>
        <cusip>53115L104</cusip>
        <identifiers>
          <isin value="US53115L1044"/>
          <other otherDesc="Inhouse Asset ID" value="806784"/>
        </identifiers>
        <balance>1787433.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32370411.63000000</valUSD>
        <pctVal>1.321358106989</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>Phreesia, Inc.</name>
        <lei>5493000HHF8NU4QOCG53</lei>
        <title>Phreesia, Inc.</title>
        <cusip>71944F106</cusip>
        <identifiers>
          <isin value="US71944F1066"/>
          <other otherDesc="Inhouse Asset ID" value="998030"/>
        </identifiers>
        <balance>1270806.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28771047.84000000</valUSD>
        <pctVal>1.174432310113</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>Alkami Technology, Inc.</name>
        <lei>254900FCNYU4HNEV9L47</lei>
        <title>Alkami Technology, Inc.</title>
        <cusip>01644J108</cusip>
        <identifiers>
          <isin value="US01644J1088"/>
          <other otherDesc="Inhouse Asset ID" value="1142467"/>
        </identifiers>
        <balance>658225.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13355385.25000000</valUSD>
        <pctVal>0.545165961241</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="2842629.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tri Pointe Homes, Inc.</name>
        <lei>N/A</lei>
        <title>Tri Pointe Homes, Inc.</title>
        <cusip>87265H109</cusip>
        <identifiers>
          <isin value="US87265H1095"/>
          <other otherDesc="Inhouse Asset ID" value="541004"/>
        </identifiers>
        <balance>670468.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21354405.80000000</valUSD>
        <pctVal>0.871685462214</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>Kratos Defense &amp; Security Solutions, Inc.</name>
        <lei>5493000EKBN0UY1F3F88</lei>
        <title>Kratos Defense &amp; Security Solutions, Inc.</title>
        <cusip>50077B207</cusip>
        <identifiers>
          <isin value="US50077B2079"/>
          <other otherDesc="Inhouse Asset ID" value="178574"/>
        </identifiers>
        <balance>419501.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>38006790.60000000</valUSD>
        <pctVal>1.551434731630</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>Flock Group, Inc.</name>
        <lei>N/A</lei>
        <title>Flock Group, Inc., Series G</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1337870"/>
        </identifiers>
        <balance>987540.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14652509.21000000</valUSD>
        <pctVal>0.598114477309</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>Smule, Inc.</name>
        <lei>N/A</lei>
        <title>Smule, Inc., Series J</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1225860"/>
        </identifiers>
        <balance>162712.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1816504.73000000</valUSD>
        <pctVal>0.074149605473</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>
    </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>2025-12-01</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>
</edgarSubmission>
