# EDGAR Filing Document

**Accession Number:** 0000872625
**File Stem:** 0002071691-25-009358
**Filing Date:** 2025-12
**Character Count:** 50361
**Document Hash:** d3e58bf815143409244982bd8e51365a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009358.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009358

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**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:** 251595258

**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:** 2025-10-31

**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:** $2507335535.29

**Total Liabilities:** $57552129.96

**Net Assets:** $2449783405.33

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018658 | 4.52%                | 1.54%                | 0.44%                |
| Class ID C000018655 | 4.51%                | 1.51%                | 0.42%                |
| Class ID C000128865 | 4.54%                | 1.53%                | 0.47%                |
| Class ID C000018657 | 4.45%                | 1.46%                | 0.38%                |
| Class ID C000018659 | 4.47%                | 1.49%                | 0.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3105386.36             | $108167568.13                              |
| Month 2  | $36935215.09             | $1486225.21                                |
| Month 3  | $49913795.34             | $-37462040.72                              |

### 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        |    439214 | NS      | $41444233.04  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Therapeutics, Inc.                                | Apogee Therapeutics, Inc.                                | CUSIP: 03770N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    284358 | NS      | $16091819.22  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| OneTrust LLC                                             | OneTrust LLC, Series A                                   | CUSIP: N/A<br>LEI: 984500WD5532BB49FA33       | Long             | EP               | CORP              | US        |    625361 | NS      | $12213006.41  | 0.50%             |  |  |  | Yes           |                  3 | On Loan: No      |
| nCino, Inc.                                              | nCino, Inc.                                              | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |   1125485 | NS      | $30027939.80  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies, Inc.                                | Mirion Technologies, Inc., Class A                       | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |    395540 | NS      | $11617009.80  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| uniQure NV                                               | uniQure NV                                               | CUSIP: N/A<br>LEI: 724500RPCTZLFYJZ3S98       | Long             | EC               | CORP              | NL        |    418486 | NS      | $28327317.34  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AvePoint, Inc.                                           | AvePoint, Inc.                                           | CUSIP: 053604104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1121738 | NS      | $15782853.66  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp.                                        | Haemonetics Corp.                                        | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |    523718 | NS      | $26191137.18  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd.                      | Credo Technology Group Holding Ltd.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    243228 | NS      | $45634437.36  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp.                              | Lattice Semiconductor Corp.                              | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    739278 | NS      | $53937722.88  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp.                                   | Integer Holdings Corp.                                   | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |    369634 | NS      | $23867267.38  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Oddity Tech Ltd.                                         | Oddity Tech Ltd., Class A                                | CUSIP: N/A<br>LEI: 254900QH12XZS53G0V57       | Long             | EC               | CORP              | IL        |    126152 | NS      | $5708378.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchling, Inc.                                          | Benchling, Inc., Series F                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    382306 | NS      | $4298042.71   | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Repligen Corp.                                           | Repligen Corp.                                           | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |    159948 | NS      | $23841848.88  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed, Inc.                                             | Insmed, Inc.                                             | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    126294 | NS      | $23945342.40  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Dyne Therapeutics, Inc.                                  | Dyne Therapeutics, Inc.                                  | CUSIP: 26818M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    483866 | NS      | $10925694.28  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Soleno Therapeutics, Inc.                                | Soleno Therapeutics, Inc.                                | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Long             | EC               | CORP              | US        |    173524 | NS      | $11653871.84  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Checkr, Inc.                                             | Checkr, Inc., Series E                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1388889 | NS      | $22456326.80  | 0.92%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Cactus, Inc.                                             | Cactus, Inc., Class A                                    | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |    295669 | NS      | $13059699.73  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet, Inc.                                           | Freshpet, Inc.                                           | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |    426954 | NS      | $21010406.34  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd.                                               | JFrog Ltd.                                               | CUSIP: N/A<br>LEI: 2549002N8E00AY49G567       | Long             | EC               | CORP              | IL        |    452643 | NS      | $21491489.64  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co.                                     | Allegiant Travel Co.                                     | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |    448122 | NS      | $27864225.96  | 1.14%             |  |  |  | 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        |    275473 | NS      | $16208831.32  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| 1661, Inc.                                               | 1661, Inc., Series F                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   3436485 | NS      | $3944033.22   | 0.16%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Lumentum Holdings, Inc.                                  | Lumentum Holdings, Inc.                                  | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |    190979 | NS      | $38493727.24  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Confluent, Inc.                                          | Confluent, Inc., Class A                                 | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |   1217352 | NS      | $28449516.24  | 1.16%             |  |  |  | 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      |
| Optoro, Inc.                                             | Optoro, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    554878 | 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      | $467609.85    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Steven Madden Ltd.                                       | Steven Madden Ltd.                                       | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    597124 | NS      | $20248474.84  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings, Inc.                                       | RBC Bearings, Inc.                                       | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93064 | NS      | $39880715.92  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Navan, Inc.                                              | Navan, Inc., Class A                                     | CUSIP: 639193101<br>LEI: 254900RHRK35UPHTGY05 | Long             | EC               | CORP              | US        |    210603 | NS      | $4269975.83   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab, Inc.                                             | Gitlab, Inc., Class A                                    | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |    818596 | NS      | $39906555.00  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp.                                   | Twist Bioscience Corp.                                   | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |    178868 | NS      | $5882968.52   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics, Inc.                                       | Cytokinetics, Inc.                                       | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    220264 | NS      | $14006587.76  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Portillo's, Inc.                                         | Portillo's, Inc., Class A                                | CUSIP: 73642K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1134884 | NS      | $6071629.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| HealthEquity, Inc.                                       | HealthEquity, Inc.                                       | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |    305912 | NS      | $28933156.96  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Day One Biopharmaceuticals, Inc.                         | Day One Biopharmaceuticals, Inc.                         | CUSIP: 23954D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    681455 | NS      | $5070025.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics, Inc.                                 | Janux Therapeutics, Inc.                                 | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    258417 | NS      | $7419152.07   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Centessa Pharmaceuticals plc                             | Centessa Pharmaceuticals plc                             | CUSIP: 152309100<br>LEI: 213800GIDAARDSKOI827 | Long             | EC               | CORP              | GB        |    607627 | NS      | $15129912.30  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Miami International Holdings, Inc.                       | Miami International Holdings, Inc.                       | CUSIP: 59356Q108<br>LEI: 254900TREUDBWGLAP788 | Long             | EC               | CORP              | US        |    377321 | NS      | $16488927.70  | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| Freshworks, Inc.                                         | Freshworks, Inc., Class A                                | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |   2220622 | NS      | $24648904.20  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group, Inc. (The)                                 | Ensign Group, Inc. (The)                                 | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |     94130 | NS      | $16952813.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Bicara Therapeutics, Inc.                                | Bicara Therapeutics, Inc.                                | CUSIP: 055477103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    274696 | NS      | $4463810.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| ZoomInfo Technologies, Inc.                              | ZoomInfo Technologies, Inc., Class A                     | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    822263 | NS      | $9225790.86   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co.                               | Performance Food Group Co.                               | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |    213548 | NS      | $20658633.52  | 0.84%             |  |  |  | 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        |    595912 | NS      | $31768068.72  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearMotion, Inc.                                        | ClearMotion, Inc., Series A-4                            | CUSIP: N/A<br>LEI: 254900AOZNAIGTQZCA74       | Long             | EP               | CORP              | US        |   6477294 | NS      | $954150.75    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AAON, Inc.                                               | AAON, Inc.                                               | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    468511 | NS      | $46096797.29  | 1.88%             |  |  |  | No            |                  1 | On Loan: —       |
| 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        |    407602 | NS      | $6016205.52   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Herc Holdings, Inc.                                      | Herc Holdings, Inc.                                      | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |    164360 | NS      | $23347338.00  | 0.95%             |  |  |  | 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        |    820380 | NS      | $16054836.60  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group, Inc.                                   | Alaska Air Group, Inc.                                   | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |    553921 | NS      | $23115123.33  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                                   | BWX Technologies, Inc.                                   | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    439813 | NS      | $93948454.93  | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology, Inc.                                        | CG oncology, Inc.                                        | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    256230 | NS      | $11087072.10  | 0.45%             |  |  |  | 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      | $2965226.62   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp.                                       | FB Financial Corp.                                       | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |    233541 | NS      | $12613549.41  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MBX Biosciences, Inc.                                    | MBX Biosciences, Inc.                                    | CUSIP: 55287L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    348601 | NS      | $7655277.96   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Cava Group, Inc.                                         | Cava Group, Inc.                                         | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    305660 | NS      | $16423111.80  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp.                                                | AAR Corp.                                                | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |    732146 | NS      | $61654014.66  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Syndax Pharmaceuticals, Inc.                             | Syndax Pharmaceuticals, Inc.                             | CUSIP: 87164F105<br>LEI: 529900OF94TRHKZVBS87 | Long             | EC               | CORP              | US        |    697482 | NS      | $9555503.40   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce, Inc.                                       | SPS Commerce, Inc.                                       | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |    143111 | NS      | $11769448.64  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies, Inc.                               | Procore Technologies, Inc.                               | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |    565275 | NS      | $41728600.50  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                                      | Ascendis Pharma A/S                                      | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |     89283 | NS      | $17999452.80  | 0.73%             |  |  |  | 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      | $8454625.57   | 0.35%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Ceribell, Inc.                                           | Ceribell, Inc.                                           | CUSIP: 15678C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    448028 | NS      | $5107519.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                                  | Pebblebrook Hotel Trust                                  | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    905327 | NS      | $9469720.42   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Monday.com Ltd.                                          | Monday.com Ltd.                                          | CUSIP: N/A<br>LEI: 984500MDAFVD86E3B328       | Long             | EC               | CORP              | IL        |     69788 | NS      | $14323289.12  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Newamsterdam Pharma Co. NV                               | Newamsterdam Pharma Co. NV                               | CUSIP: N/A<br>LEI: 984500B6549TF6E14D36       | Long             | EC               | CORP              | NL        |    139187 | NS      | $5282146.65   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands, Inc.                                    | BellRing Brands, Inc.                                    | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    894607 | NS      | $26954508.91  | 1.10%             |  |  |  | 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      | $19184103.02  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                                    | Matador Resources Co.                                    | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    567660 | NS      | $22399863.60  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Olema Pharmaceuticals, Inc.                              | Olema Pharmaceuticals, Inc.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    893200 | NS      | $8012004.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories, Inc.                               | Silicon Laboratories, Inc.                               | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |    141818 | NS      | $18589503.44  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Smule, Inc.                                              | Smule, Inc., Series G                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |   1542673 | NS      | $316510.22    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Flywire Corp.                                            | Flywire Corp.                                            | CUSIP: 302492103<br>LEI: 54930055DSV7NNY4VY66 | Long             | EC               | CORP              | US        |   1197181 | NS      | $15946450.92  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics, Inc.                             | Structure Therapeutics, Inc.                             | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     50066 | NS      | $1668199.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore, Inc.                                           | Evercore, Inc., Class A                                  | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |    123345 | NS      | $36332503.20  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Laundry Holdings, Inc.                          | Alliance Laundry Holdings, Inc.                          | CUSIP: 01862Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    316376 | NS      | $8383964.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| LENZ Therapeutics, Inc.                                  | LENZ Therapeutics, Inc.                                  | CUSIP: 52635N103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    206641 | NS      | $6141370.52   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Wingstop, Inc.                                           | Wingstop, Inc.                                           | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |    115140 | NS      | $24942778.20  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey, Inc.                                     | Houlihan Lokey, Inc., Class A                            | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |    222320 | NS      | $39813065.60  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp.                                            | Vontier Corp.                                            | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |   1153015 | NS      | $44391077.50  | 1.81%             |  |  |  | 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        |    189448 | NS      | $23716995.12  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                                 | Western Alliance Bancorp                                 | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |    284338 | NS      | $21993544.30  | 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      | $85534.62     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Trex Co., Inc.                                           | Trex Co., Inc.                                           | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    234425 | NS      | $11327416.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund | Franklin Institutional U.S. Government Money Market Fund | CUSIP: 8611239C3<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  55335146 | NS      | $55335146.45  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings, Inc.                                 | Boot Barn Holdings, Inc.                                 | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |    143017 | NS      | $27123174.05  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| EyePoint Pharmaceuticals, Inc.                           | EyePoint Pharmaceuticals, Inc.                           | CUSIP: 30233G209<br>LEI: 549300QE1RU34T50MR69 | Long             | EC               | CORP              | US        |   1336660 | NS      | $17496879.40  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Intapp, Inc.                                             | Intapp, Inc.                                             | CUSIP: 45827U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    544565 | NS      | $20900404.70  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| OneTrust LLC                                             | OneTrust LLC, Series A-1                                 | CUSIP: N/A<br>LEI: 984500WD5532BB49FA33       | Long             | EP               | CORP              | US        |     56457 | NS      | $1102578.68   | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Onto Innovation, Inc.                                    | Onto Innovation, Inc.                                    | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |    347858 | NS      | $46946915.68  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma, Inc.                                   | Bridgebio Pharma, Inc.                                   | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |    313040 | NS      | $19608825.60  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Legalzoom.com, Inc.                                      | Legalzoom.com, Inc.                                      | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |   2426832 | NS      | $24195515.04  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearMotion, Inc.                                        | ClearMotion, Inc., Series A-3                            | CUSIP: N/A<br>LEI: 254900AOZNAIGTQZCA74       | Long             | EP               | CORP              | US        |   1037942 | NS      | $163311.87    | 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      | $12832120.94  | 0.52%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Badger Meter, Inc.                                       | Badger Meter, Inc.                                       | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |     98320 | NS      | $17741844.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Klaviyo, Inc.                                            | Klaviyo, Inc., Class A                                   | CUSIP: 49845K101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    673756 | NS      | $17517656.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems, Inc.                            | Inspire Medical Systems, Inc.                            | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |    192444 | NS      | $13871363.52  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Netskope, Inc.                                           | Netskope, Inc., Class A                                  | CUSIP: 64119N608<br>LEI: 254900CS525VJG6KO570 | Long             | EC               | CORP              | US        |    435832 | NS      | $10303068.48  | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Lithia Motors, Inc.                                      | Lithia Motors, Inc., Class A                             | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     84387 | NS      | $26504268.96  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group, Inc.                                | Privia Health Group, Inc.                                | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1204344 | NS      | $29265559.20  | 1.19%             |  |  |  | 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        |    756805 | NS      | $8688121.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa, Inc.                                             | Arcosa, Inc.                                             | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |    667789 | NS      | $68114478.00  | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings, Inc.                                  | LiveRamp Holdings, Inc.                                  | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |    925805 | NS      | $25311508.70  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction, Inc.                               | Granite Construction, Inc.                               | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |    459457 | NS      | $47282719.87  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings, Inc.                                    | Karman Holdings, Inc.                                    | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27472 | NS      | $2314241.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Paymentus Holdings, Inc.                                 | Paymentus Holdings, Inc., Class A                        | CUSIP: 70439P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1210594 | NS      | $34622988.40  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp.                                             | SiTime Corp.                                             | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    159619 | NS      | $46232047.16  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health, Inc.                                    | Guardant Health, Inc.                                    | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |    292086 | NS      | $27169839.72  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nerdy, Inc.                                              | Nerdy, Inc.                                              | CUSIP: 64081V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3165586 | NS      | $3133613.58   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Structure Therapeutics, Inc.                             | Structure Therapeutics, Inc.                             | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    141951 | NS      | $4729807.32   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund | Franklin Institutional U.S. Government Money Market Fund | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |  11070059 | NS      | $11070059.39  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                                    | Texas Roadhouse, Inc., Class A                           | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |    188145 | NS      | $30776759.10  | 1.26%             |  |  |  | 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        |    780994 | NS      | $44508848.06  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                                     | Liberty Energy, Inc., Class A                            | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1787433 | NS      | $32370411.63  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Phreesia, Inc.                                           | Phreesia, Inc.                                           | CUSIP: 71944F106<br>LEI: 5493000HHF8NU4QOCG53 | Long             | EC               | CORP              | US        |   1270806 | NS      | $28771047.84  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology, Inc.                                  | Alkami Technology, Inc.                                  | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |    658225 | NS      | $13355385.25  | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| Tri Pointe Homes, Inc.                                   | Tri Pointe Homes, Inc.                                   | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    670468 | NS      | $21354405.80  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.                | Kratos Defense & Security Solutions, Inc.                | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    419501 | NS      | $38006790.60  | 1.55%             |  |  |  | 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      | $14652509.21  | 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      | $1816504.73   | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** Franklin Strategic Series

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer