# EDGAR Filing Document

**Accession Number:** 0000872625
**File Stem:** 0002071691-25-001645
**Filing Date:** 2025-9
**Character Count:** 47743
**Document Hash:** 1c2a31a80cd0da0cdeb8de77aa42ab54
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-001645.hdr.sgml**: 20250923

**ACCESSION NUMBER**: 0002071691-25-001645

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250923

**DATE AS OF CHANGE**: 20250923

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN STRATEGIC SERIES
- **CENTRAL INDEX KEY:** 0000872625

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06243
- **FILM NUMBER:** 251333243

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-570-3000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN CALIFORNIA 250 GROWTH FUND
- **DATE OF NAME CHANGE:** 19911216

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN CALIFORNIA 250 GROWTH INDEX FUND
- **DATE OF NAME CHANGE:** 19910917

## Series and Classes Contracts Data

### FRANKLIN SMALL CAP GROWTH FUND (Series ID: S000006889)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018655 | CLASS A       | FSGRX           |
| C000018657 | CLASS C       | FCSGX           |
| C000018658 | ADVISOR CLASS | FSSAX           |
| C000018659 | CLASS R       | FSSRX           |
| C000128865 | Class R6      | FSMLX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Franklin Strategic Series

- **b. Investment Company Act file number:** 811-06243

- **c. CIK number of Registrant:** 0000872625

- **d. LEI of Registrant:** 549300NDWC0J6DXVSX36

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Franklin Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000006889

- **c. LEI of Series:** 549300XFMMOAHNB37068

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2496702298.35

**Total Liabilities:** $48789019.09

**Net Assets:** $2447913279.26

**Cash Not Reported:** $6547731.76

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018658 | 5.95%                | 3.91%                | -0.39%               |
| Class ID C000018655 | 5.93%                | 3.87%                | -0.40%               |
| Class ID C000128865 | 5.94%                | 3.95%                | -0.38%               |
| Class ID C000018657 | 5.89%                | 3.85%                | -0.53%               |
| Class ID C000018659 | 5.88%                | 3.89%                | -0.45%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-9649976.90             | $144129314.95                              |
| Month 2  | $23016503.90             | $70827176.94                               |
| Month 3  | $1296571.19              | $-9404527.19                               |

### Schedule of Portfolio Investments

| Name                                                   | Title                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ServiceTitan, Inc.                                     | ServiceTitan, Inc., Class A                            | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    318211 | NS      | $37138405.81  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Therapeutics, Inc.                              | Apogee Therapeutics, Inc.                              | CUSIP: 03770N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    382557 | NS      | $14636630.82  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| OneTrust LLC                                           | OneTrust LLC, Series A                                 | CUSIP: N/A<br>LEI: 984500WD5532BB49FA33       | Long             | EP               | CORP              | US        |    625361 | NS      | $10957649.86  | 0.45%             |  |  |  | Yes           |                  3 | On Loan: No      |
| nCino, Inc.                                            | nCino, Inc.                                            | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |   1002169 | NS      | $27985569.33  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AvePoint, Inc.                                         | AvePoint, Inc.                                         | CUSIP: 053604104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1028800 | NS      | $19629504.00  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp.                                      | Haemonetics Corp.                                      | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |    529200 | NS      | $39181968.00  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp.                            | Lattice Semiconductor Corp.                            | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    786736 | NS      | $39203054.88  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp.                                 | Integer Holdings Corp.                                 | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |    370994 | NS      | $40256558.94  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Merus NV                                               | Merus NV                                               | CUSIP: N/A<br>LEI: 549300W8GPUWU8QNU293       | Long             | EC               | CORP              | NL        |    524703 | NS      | $34756326.72  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Oddity Tech Ltd.                                       | Oddity Tech Ltd., Class A                              | CUSIP: N/A<br>LEI: 254900QH12XZS53G0V57       | Long             | EC               | CORP              | IL        |    209063 | NS      | $14649044.41  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchling, Inc.                                        | Benchling, Inc., Series F                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    382306 | NS      | $4558608.33   | 0.19%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Insmed, Inc.                                           | Insmed, Inc.                                           | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    378020 | NS      | $40553985.60  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Dyne Therapeutics, Inc.                                | Dyne Therapeutics, Inc.                                | CUSIP: 26818M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    483866 | NS      | $4766080.10   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CryoPort, Inc.                                         | CryoPort, Inc.                                         | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Long             | EC               | CORP              | US        |    324247 | NS      | $2376730.51   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Checkr, Inc.                                           | Checkr, Inc., Series E                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1388889 | NS      | $22431121.24  | 0.92%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Freshpet, Inc.                                         | Freshpet, Inc.                                         | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |    429010 | NS      | $29309963.20  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd.                                             | JFrog Ltd.                                             | CUSIP: N/A<br>LEI: 2549002N8E00AY49G567       | Long             | EC               | CORP              | IL        |    351678 | NS      | $15266341.98  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co.                                   | Allegiant Travel Co.                                   | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |    459734 | NS      | $23740663.76  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Tula eTechnology, Inc.                                 | Tula eTechnology, Inc.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    361111 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Revolution Medicines, Inc.                             | Revolution Medicines, Inc.                             | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |    231100 | NS      | $8613097.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| 1661, Inc.                                             | 1661, Inc., Series F                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   3436485 | NS      | $4720328.30   | 0.19%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Lumentum Holdings, Inc.                                | Lumentum Holdings, Inc.                                | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |    192005 | NS      | $21135910.40  | 0.86%             |  |  |  | No            |                  1 | On Loan: —       |
| Confluent, Inc.                                        | Confluent, Inc., Class A                               | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |   1401523 | NS      | $24841995.18  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Repay Holdings Corp.                                   | Repay Holdings Corp., Class A                          | CUSIP: 76029L100<br>LEI: 2549006EJ42T73ZKUI98 | Long             | EC               | CORP              | US        |   1156431 | NS      | $5689640.52   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheels Up Experience, Inc.                             | Wheels Up Experience, Inc., Escrow Account             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2936 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ClearMotion, Inc.                                      | ClearMotion, Inc.                                      | CUSIP: N/A<br>LEI: 254900AOZNAIGTQZCA74       | Long             | EC               | CORP              | US        |   3698772 | NS      | $447799.23    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Steven Madden Ltd.                                     | Steven Madden Ltd.                                     | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    766262 | NS      | $18394119.31  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings, Inc.                                     | RBC Bearings, Inc.                                     | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93431 | NS      | $36189563.54  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab, Inc.                                           | Gitlab, Inc., Class A                                  | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |    821195 | NS      | $35976552.95  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp.                                 | Twist Bioscience Corp.                                 | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |    178868 | NS      | $6004598.76   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments, Inc.                                  | Shift4 Payments, Inc., Class A                         | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    285799 | NS      | $29437297.00  | 1.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Cytokinetics, Inc.                                     | Cytokinetics, Inc.                                     | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    222448 | NS      | $8372942.72   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Portillo's, Inc.                                       | Portillo's, Inc., Class A                              | CUSIP: 73642K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1166323 | NS      | $11616577.08  | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Pinnacle Financial Partners, Inc.                      | Pinnacle Financial Partners, Inc.                      | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |    311096 | NS      | $27342227.44  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity, Inc.                                     | HealthEquity, Inc.                                     | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |    309150 | NS      | $29987550.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Day One Biopharmaceuticals, Inc.                       | Day One Biopharmaceuticals, Inc.                       | CUSIP: 23954D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1482673 | NS      | $9948735.83   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics, Inc.                               | Janux Therapeutics, Inc.                               | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    258750 | NS      | $6213881.25   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Centessa Pharmaceuticals plc                           | Centessa Pharmaceuticals plc                           | CUSIP: 152309100<br>LEI: 213800GIDAARDSKOI827 | Long             | EC               | CORP              | GB        |    613403 | NS      | $10532129.51  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullinan Therapeutics, Inc.                            | Cullinan Therapeutics, Inc.                            | CUSIP: 230031106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    785043 | NS      | $6099784.11   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshworks, Inc.                                       | Freshworks, Inc., Class A                              | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |   2223423 | NS      | $28882264.77  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies, Inc.                            | ZoomInfo Technologies, Inc., Class A                   | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |   1725741 | NS      | $18689775.03  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co.                             | Performance Food Group Co.                             | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |    215391 | NS      | $21625256.40  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheels Up Experience, Inc.                             | Wheels Up Experience, Inc., Escrow Account             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2936 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Red Rock Resorts, Inc.                                 | Red Rock Resorts, Inc., Class A                        | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    598215 | NS      | $36700490.25  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CS Disco, Inc.                                         | CS Disco, Inc.                                         | CUSIP: 126327105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    186875 | NS      | $741893.75    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearMotion, Inc.                                      | ClearMotion, Inc., Series A-4                          | CUSIP: N/A<br>LEI: 254900AOZNAIGTQZCA74       | Long             | EP               | CORP              | US        |   6477294 | NS      | $923001.44    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AAON, Inc.                                             | AAON, Inc.                                             | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    424203 | NS      | $35420950.50  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheels Up Experience, Inc.                             | Wheels Up Experience, Inc., Escrow Account             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2936 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Titan America SA                                       | Titan America SA                                       | CUSIP: N/A<br>LEI: 9845007APCB6462D6C46       | Long             | EC               | CORP              | BE        |    415700 | NS      | $5965295.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Herc Holdings, Inc.                                    | Herc Holdings, Inc.                                    | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |    117127 | NS      | $13681604.87  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Co. (The)                            | Simply Good Foods Co. (The)                            | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    826671 | NS      | $25180398.66  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group, Inc.                                 | Alaska Air Group, Inc.                                 | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |    558179 | NS      | $29561159.84  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                                 | BWX Technologies, Inc.                                 | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    536958 | NS      | $81580028.94  | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology, Inc.                                      | CG oncology, Inc.                                      | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    258180 | NS      | $6890824.20   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Couchbase, Inc.                                        | Couchbase, Inc.                                        | CUSIP: 22207T101<br>LEI: 5493004VX52ODFMQLF07 | Long             | EC               | CORP              | US        |   1541634 | NS      | $37400040.84  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Kestra Medical Technologies Ltd.                       | Kestra Medical Technologies Ltd.                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    108299 | NS      | $1786933.50   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Cava Group, Inc.                                       | Cava Group, Inc.                                       | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    305660 | NS      | $26901136.60  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp.                                              | AAR Corp.                                              | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |    734920 | NS      | $54905873.20  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Syndax Pharmaceuticals, Inc.                           | Syndax Pharmaceuticals, Inc.                           | CUSIP: 87164F105<br>LEI: 529900OF94TRHKZVBS87 | Long             | EC               | CORP              | US        |    697482 | NS      | $6919021.44   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce, Inc.                                     | SPS Commerce, Inc.                                     | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |    143111 | NS      | $15579779.02  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies, Inc.                             | Procore Technologies, Inc.                             | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |    509427 | NS      | $36490256.01  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                                    | Ascendis Pharma A/S                                    | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |    171480 | NS      | $29751780.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tula eTechnology, Inc.                                 | Tula eTechnology, Inc., Series E                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |   3611111 | NS      | $7965150.31   | 0.33%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Ceribell, Inc.                                         | Ceribell, Inc.                                         | CUSIP: 15678C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    449465 | NS      | $6472296.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Pebblebrook Hotel Trust                                | Pebblebrook Hotel Trust                                | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    905327 | NS      | $9080429.81   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Monday.com Ltd.                                        | Monday.com Ltd.                                        | CUSIP: N/A<br>LEI: 984500MDAFVD86E3B328       | Long             | EC               | CORP              | IL        |    122616 | NS      | $32160950.64  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands, Inc.                                  | BellRing Brands, Inc.                                  | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    787591 | NS      | $42986716.78  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp.                                  | GeneDx Holdings Corp., Class A                         | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140122 | NS      | $14285437.90  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                                  | Matador Resources Co.                                  | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    685822 | NS      | $34208801.36  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Olema Pharmaceuticals, Inc.                            | Olema Pharmaceuticals, Inc.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    893200 | NS      | $4591048.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories, Inc.                             | Silicon Laboratories, Inc.                             | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |    170483 | NS      | $22464544.91  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Smule, Inc.                                            | Smule, Inc., Series G                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |   1542673 | NS      | $315044.68    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Flywire Corp.                                          | Flywire Corp.                                          | CUSIP: 302492103<br>LEI: 54930055DSV7NNY4VY66 | Long             | EC               | CORP              | US        |   1209398 | NS      | $13170344.22  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics, Inc.                           | Structure Therapeutics, Inc.                           | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     50066 | NS      | $891174.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore, Inc.                                         | Evercore, Inc., Class A                                | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |    124192 | NS      | $37399178.88  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop, Inc.                                         | Wingstop, Inc.                                         | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |    116091 | NS      | $43805777.94  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey, Inc.                                   | Houlihan Lokey, Inc., Class A                          | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |    224061 | NS      | $42719470.26  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp.                                          | Vontier Corp.                                          | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |   1285642 | NS      | $53315573.74  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Chinook Therapeutics, Inc.                             | Chinook Therapeutics, Inc., CVR                        | CUSIP: 169CVR016<br>LEI: N/A                  | Long             |  | CORP              | US        |    410500 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| M/I Homes, Inc.                                        | M/I Homes, Inc.                                        | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |    191080 | NS      | $22965905.20  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                               | Western Alliance Bancorp                               | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |    284338 | NS      | $22053255.28  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Smule, Inc.                                            | Smule, Inc., Series H                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    352675 | NS      | $85147.03     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Institutional Fiduciary Trust Money Market Portfolio   | Institutional Fiduciary Trust Money Market Portfolio   | CUSIP: 8611239C3<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  46486071 | NS      | $46486071.05  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings, Inc.                               | Boot Barn Holdings, Inc.                               | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |    143170 | NS      | $24610923.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EyePoint Pharmaceuticals, Inc.                         | EyePoint Pharmaceuticals, Inc.                         | CUSIP: 30233G209<br>LEI: 549300QE1RU34T50MR69 | Long             | EC               | CORP              | US        |   1170839 | NS      | $11497638.98  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Accelerant Holdings                                    | Accelerant Holdings, Class A                           | CUSIP: N/A<br>LEI: 213800VS4CX9ZONTD965       | Long             | EC               | CORP              | KY        |    149100 | NS      | $4106214.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Intapp, Inc.                                           | Intapp, Inc.                                           | CUSIP: 45827U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    471915 | NS      | $18900195.75  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| OneTrust LLC                                           | OneTrust LLC, Series A-1                               | CUSIP: N/A<br>LEI: 984500WD5532BB49FA33       | Long             | EP               | CORP              | US        |     56457 | NS      | $989246.27    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Onto Innovation, Inc.                                  | Onto Innovation, Inc.                                  | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |    350186 | NS      | $33180123.50  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma, Inc.                                 | Bridgebio Pharma, Inc.                                 | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |    273300 | NS      | $12918891.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Legalzoom.com, Inc.                                    | Legalzoom.com, Inc.                                    | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |   2631839 | NS      | $23660232.61  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearMotion, Inc.                                      | ClearMotion, Inc., Series A-3                          | CUSIP: N/A<br>LEI: 254900AOZNAIGTQZCA74       | Long             | EP               | CORP              | US        |   1037942 | NS      | $157407.02    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Newsela, Inc.                                          | Newsela, Inc., Series D                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    709046 | NS      | $13293936.07  | 0.54%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NeoGenomics, Inc.                                      | NeoGenomics, Inc.                                      | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1247115 | NS      | $6036036.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Klaviyo, Inc.                                          | Klaviyo, Inc., Class A                                 | CUSIP: 49845K101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    493500 | NS      | $15347850.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems, Inc.                          | Inspire Medical Systems, Inc.                          | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |    179866 | NS      | $22400511.64  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors, Inc.                                    | Lithia Motors, Inc., Class A                           | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     85449 | NS      | $24609312.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group, Inc.                              | Privia Health Group, Inc.                              | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1374281 | NS      | $26825965.12  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Infinity Natural Resources, Inc.                       | Infinity Natural Resources, Inc., Class A              | CUSIP: 456941103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    757203 | NS      | $11289896.73  | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Arcosa, Inc.                                           | Arcosa, Inc.                                           | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |    672925 | NS      | $57790799.00  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings, Inc.                                | LiveRamp Holdings, Inc.                                | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |   1150233 | NS      | $37750647.06  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction, Inc.                             | Granite Construction, Inc.                             | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |    526333 | NS      | $49722678.51  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings, Inc.                                  | Karman Holdings, Inc.                                  | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27472 | NS      | $1420302.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Paymentus Holdings, Inc.                               | Paymentus Holdings, Inc., Class A                      | CUSIP: 70439P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1330384 | NS      | $37091105.92  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Optoro, Inc.                                           | Optoro, Inc., Series E                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    554878 | NS      | $4407427.58   | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SiTime Corp.                                           | SiTime Corp.                                           | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    227395 | NS      | $46127075.75  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Omada Health, Inc.                                     | Omada Health, Inc.                                     | CUSIP: 68170A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90100 | NS      | $1578552.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Guardant Health, Inc.                                  | Guardant Health, Inc.                                  | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |    218600 | NS      | $8958228.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Nerdy, Inc.                                            | Nerdy, Inc.                                            | CUSIP: 64081V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3259795 | NS      | $4922290.45   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Structure Therapeutics, Inc.                           | Structure Therapeutics, Inc.                           | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    141951 | NS      | $2526727.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Institutional Fiduciary Trust - Money Market Portfolio | Institutional Fiduciary Trust - Money Market Portfolio | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |  77603597 | NS      | $77603596.95  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                                  | Texas Roadhouse, Inc., Class A                         | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |    215058 | NS      | $39813687.54  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BigCommerce Holdings, Inc.                             | BigCommerce Holdings, Inc.                             | CUSIP: 08975P108<br>LEI: 549300MOVEFQ78DMPG58 | Long             | EC               | CORP              | US        |    663598 | NS      | $3171998.44   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co. (The)                               | New York Times Co. (The), Class A                      | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |    784205 | NS      | $40692397.45  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                                   | Liberty Energy, Inc., Class A                          | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1791770 | NS      | $22110441.80  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Phreesia, Inc.                                         | Phreesia, Inc.                                         | CUSIP: 71944F106<br>LEI: 5493000HHF8NU4QOCG53 | Long             | EC               | CORP              | US        |   1278706 | NS      | $34473913.76  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology, Inc.                                | Alkami Technology, Inc.                                | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |    658750 | NS      | $14683537.50  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes, Inc.                                 | Tri Pointe Homes, Inc.                                 | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    581052 | NS      | $17896401.60  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.              | Kratos Defense & Security Solutions, Inc.              | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    422219 | NS      | $24784255.30  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Flock Group, Inc.                                      | Flock Group, Inc., Series G                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    987540 | NS      | $14585175.77  | 0.60%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Smule, Inc.                                            | Smule, Inc., Series J                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    162712 | NS      | $1937929.05   | 0.08%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-02

**Name of Applicant:** Franklin Strategic Series

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer