Franklin Mutual Quest Fund

Fund Profile

Fund profile

Tickers

TEQIX, TEMQX, MQIFX, FMQSX, FMQRX

Fund manager

Franklin Mutual Shares Fund

Total assets

$2.61 bn

Liabilities

$40.41 mm

Net assets

$2.57 bn

Number of holdings

112.00

112 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Sorenson Communications LLC, First Lien, Term Loan, B	97.81 mm	113.05 mm principal	3.81	Loan	Long	USA
Inclusive Language Services LLC, Membership Interests, Class B	55.51 mm	106.53 k shares	2.16	Common equity	Long	USA
Everest Group Ltd.	53.10 mm	146.50 k shares	2.07	Common equity	Long	Bermuda
FHLB	50.89 mm	50.90 mm principal	1.98	Short-term investment vehicle	Long	USA
BP plc	46.27 mm	9.36 mm shares	1.80	Common equity	Long	UK
Reckitt Benckiser Group plc	44.78 mm	739.71 k shares	1.74	Common equity	Long	UK
Rio Tinto plc	44.00 mm	745.44 k shares	1.71	Common equity	Long	UK
Neptune Bidco US, Inc., First Lien, CME Term Loan, A	43.16 mm	48.01 mm principal	1.68	Loan	Long	USA
BHI BAKER HUGHES a GE Co LLC	42.65 mm	1.04 mm shares	1.66	Common equity	Long	USA
Michaels Cos., Inc. (The), First Lien, CME Term Loan, B	42.44 mm	52.42 mm principal	1.65	Loan	Long	USA
GPN Global Payments Inc.	42.10 mm	375.68 k shares	1.64	Common equity	Long	USA
Walt Disney Co	41.99 mm	377.12 k shares	1.64	Common equity	Long	USA
Aptiv plc	41.42 mm	684.80 k shares	1.61	Common equity	Long	Jersey
WSC WillScot Holdings Corporation	40.84 mm	1.22 mm shares	1.59	Common equity	Long	USA
K Kellogg Company	40.41 mm	499.13 k shares	1.58	Common equity	Long	USA
AAdvantage Loyalty IP Ltd., First Lien, Initial CME Term Loan	40.07 mm	38.97 mm principal	1.56	Loan	Long	USA
ASR Nederland NV	39.60 mm	832.53 k shares	1.54	Common equity	Long	Netherlands
BNP Paribas SA	39.37 mm	641.27 k shares	1.53	Common equity	Long	France
UPS United Parcel Service, Inc.	39.01 mm	309.33 k shares	1.52	Common equity	Long	USA
Neptune Bidco US, Inc., Second Lien, CME Term Loan	38.19 mm	38.00 mm principal	1.49	Loan	Long	USA
ELV Elevance Health Inc.	37.74 mm	102.31 k shares	1.47	Common equity	Long	USA
Roche Holding AG	37.48 mm	134.04 k shares	1.46	Common equity	Long	Switzerland
Heineken NV	37.39 mm	524.56 k shares	1.46	Common equity	Long	Netherlands
Prudential plc	36.76 mm	4.63 mm shares	1.43	Common equity	Long	UK
PPL PPL Corporation	36.76 mm	1.13 mm shares	1.43	Common equity	Long	USA
GSK plc	36.45 mm	2.16 mm shares	1.42	Common equity	Long	UK
PGR The Progressive Corporation	36.41 mm	151.98 k shares	1.42	Common equity	Long	USA
AerCap Holdings NV	36.27 mm	378.97 k shares	1.41	Common equity	Long	Netherlands
KVUE Kenvue Inc.	36.22 mm	1.70 mm shares	1.41	Common equity	Long	USA
AVNT Avient Corporation	35.91 mm	878.79 k shares	1.40	Common equity	Long	USA
MRK Merck & Co., Inc.	35.35 mm	355.33 k shares	1.38	Common equity	Long	USA
LEA Lear Corporation	35.25 mm	372.25 k shares	1.37	Common equity	Long	USA
ETR Entergy Corporation	34.53 mm	455.39 k shares	1.35	Common equity	Long	USA
SLB Schlumberger Limited	34.51 mm	899.99 k shares	1.34	Common equity	Long	Curaçao
Danone SA	34.06 mm	503.99 k shares	1.33	Common equity	Long	France
CSCO Cisco Systems, Inc.	33.88 mm	572.30 k shares	1.32	Common equity	Long	USA
CHTR Charter Communications, Inc.	33.70 mm	98.32 k shares	1.31	Common equity	Long	USA
AMT American Tower Corporation	33.48 mm	182.56 k shares	1.30	Common equity	Long	USA
British American Tobacco plc	32.95 mm	913.16 k shares	1.28	Common equity	Long	UK
EOG EOG Resources, Inc.	32.80 mm	267.61 k shares	1.28	Common equity	Long	USA
St. James's Place plc	32.26 mm	2.98 mm shares	1.26	Common equity	Long	UK
Samsung Electronics Co. Ltd.	32.24 mm	903.44 k shares	1.26	Common equity	Long	Korea, Republic of
Deutsche Telekom AG	31.82 mm	1.06 mm shares	1.24	Common equity	Long	Germany
WFC Wells Fargo & Company	31.58 mm	449.55 k shares	1.23	Common equity	Long	USA
Michaels Cos., Inc. (The)	31.19 mm	51.00 mm principal	1.22	Debt	Long	USA
BAC Bank of America Corporation	31.17 mm	709.13 k shares	1.21	Common equity	Long	USA
Covestro AG	30.78 mm	512.33 k shares	1.20	Common equity	Long	Germany
Windstream Holdings, Inc.	30.75 mm	1.71 mm shares	1.20	Common equity	Long	USA
PNC The PNC Financial Services Group, Inc.	30.60 mm	158.69 k shares	1.19	Common equity	Long	USA
SSNC SS&C Technologies Holdings, Inc.	29.99 mm	395.76 k shares	1.17	Common equity	Long	USA
Denso Corp.	29.91 mm	2.17 mm shares	1.17	Common equity	Long	Japan
Travelport Finance Luxembourg SARL, First Lien, Priority CME Term Loan	29.06 mm	30.94 mm principal	1.13	Loan	Long	Luxembourg
APO Apollo Global Management, Inc.	28.87 mm	174.80 k shares	1.13	Common equity	Long	USA
Sorenson Communications LLC, First Lien, Term Loan, B	28.86 mm	28.71 mm principal	1.12	Loan	Long	USA
HIG The Hartford Financial Services Group, Inc.	28.76 mm	262.93 k shares	1.12	Common equity	Long	USA
Johnson Controls International plc	28.28 mm	358.30 k shares	1.10	Common equity	Long	Ireland
Medtronic plc	28.11 mm	351.94 k shares	1.10	Common equity	Long	Ireland
NVS Novartis AG	28.06 mm	288.36 k shares	1.09	Common equity	Long	Switzerland
Aspen Technology Inc	27.80 mm	111.36 k shares	1.08	Common equity	Long	USA
ZBH Zimmer Biomet Holdings, Inc.	26.09 mm	247.01 k shares	1.02	Common equity	Long	USA
CVS CVS Health Corporation	24.98 mm	556.49 k shares	0.97	Common equity	Long	USA
Fresenius SE & Co. KGaA	24.94 mm	718.43 k shares	0.97	Common equity	Long	Germany
VOYA Voya Financial, Inc.	24.02 mm	349.04 k shares	0.94	Common equity	Long	USA
EVRG Evergy, Inc.	21.04 mm	341.87 k shares	0.82	Common equity	Long	USA
DS Smith plc	18.89 mm	2.79 mm shares	0.74	Common equity	Long	UK
American Airlines, Inc., First Lien, Initial CME Term Loan	17.93 mm	17.88 mm principal	0.70	Loan	Long	USA
Anglo American plc	17.75 mm	600.44 k shares	0.69	Common equity	Long	UK
SPLS Staples Inc	17.23 mm	22.00 mm principal	0.67	Debt	Long	USA
IP International Paper Company	16.86 mm	313.20 k shares	0.66	Common equity	Long	USA
HUM Humana Inc.	16.40 mm	64.64 k shares	0.64	Common equity	Long	USA
Direct Line Insurance Group plc	14.82 mm	4.63 mm shares	0.58	Common equity	Long	UK
Renesas Electronics Corp.	13.46 mm	1.06 mm shares	0.52	Common equity	Long	Japan
TransDigm, Inc., First Lien, CME Term Loan, 1	12.98 mm	12.92 mm principal	0.51	Loan	Long	USA
Staples, Inc., First Lien, Closing Date CME Term Loan	12.43 mm	12.97 mm principal	0.48	Loan	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	11.83 mm	13.50 mm principal	0.46	Debt	Long	USA
FYBR Frontier Communications Parent, Inc.	9.70 mm	279.42 k shares	0.38	Common equity	Long	USA
SPLS Staples Inc	7.88 mm	8.00 mm principal	0.31	Debt	Long	USA
CoreLogic, Inc., First Lien, Initial CME Term Loan	7.52 mm	7.60 mm principal	0.29	Loan	Long	USA
Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC	5.34 mm	5.00 mm principal	0.21	Debt	Long	USA
U.S. Treasury Bills	4.97 mm	5.00 mm principal	0.19	Short-term investment vehicle	Long	USA
JNPR Juniper Networks, Inc.	3.74 mm	99.87 k shares	0.15	Common equity	Long	USA
CCO Clear Channel Outdoor Holdings, Inc.	3.30 mm	2.41 mm shares	0.13	Common equity	Long	USA
Intelsat SA	3.23 mm	106.03 k shares	0.13	Common equity	Long	Luxembourg
DISH DISH Network CORP	2.12 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
Forward Foreign Currency Contract HSBC Bank	1.27 mm	1.00 contracts	0.05	DFE	N/A	N/A
Forward Foreign Currency Contract Wells Fargo Bank	994.64 k	1.00 contracts	0.04	DFE	N/A	N/A
Forward Foreign Currency Contract Bank of America	963.46 k	1.00 contracts	0.04	DFE	N/A	N/A
Intelsat Emergence SA	884.79 k	262.16 k shares	0.03		Long	Luxembourg
Forward Foreign Currency Contract Wells Fargo Bank	345.43 k	1.00 contracts	0.01	DFE	N/A	N/A
American Airlines, Inc.	341.43 k	325.00 k principal	0.01	Debt	Long	USA
Forward Foreign Currency Contract HSBC Bank	298.05 k	1.00 contracts	0.01	DFE	N/A	N/A
Foreign Exchange EUR/USD	245.16 k	-92.00 contracts	0.01	DFE	N/A	USA
Forward Foreign Currency Contract Wells Fargo Bank	185.05 k	1.00 contracts	0.01	DFE	N/A	N/A
Intelsat Emergence SA	97.21 k	61.22 k shares	0.00		Long	Luxembourg
Forward Foreign Currency Contract HSBC Bank	74.21 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Wells Fargo Bank	52.02 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	42.95 k	1.00 contracts	0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Bank of America	38.07 k	1.00 contracts	0.00	DFE	N/A	N/A
Foreign Exchange GBP/USD	30.39 k	-20.00 contracts	0.00	DFE	N/A	USA
Forward Foreign Currency Contract UBS AG	4.84 k	1.00 contracts	0.00	DFE	N/A	N/A
Tenerity, Inc.	25.83	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 HSBC Bank	-344.48	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Wells Fargo Bank	-4.44 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract Wells Fargo Bank	-6.96 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	-29.67 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract UBS AG	-29.76 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract HSBC Bank	-40.73 k	1.00 contracts	-0.00	DFE	N/A	N/A
Forward Foreign Currency Contract UBS AG	-140.95 k	1.00 contracts	-0.01	DFE	N/A	N/A
Aviva plc	-3.68 mm	-627.22 k shares	-0.14	Common equity	Short	UK