# EDGAR Filing Document

**Accession Number:** 0000872625
**File Stem:** 0001752724-25-153723
**Filing Date:** 2025-6
**Character Count:** 48778
**Document Hash:** 92144a93cb4cbfbab077827674a8dbb5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-153723.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001752724-25-153723

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**PERIOD START**: 20250430

**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:** 251068686

**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:** 2025-04-30

- **b. Date as of which information is reported:** 2025-04-30

**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:** $2309330504.17

**Total Liabilities:** $27756807.78

**Net Assets:** $2281573696.39

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018658 | -8.96%               | -9.91%               | 0.09%                |
| Class ID C000018655 | -9.00%               | -9.88%               | 0.05%                |
| Class ID C000128865 | -8.96%               | -9.88%               | 0.08%                |
| Class ID C000018657 | -9.05%               | -10.01%              | 0.00%                |
| Class ID C000018659 | -9.02%               | -9.91%               | 0.06%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4313551.43              | $-260846925.63                             |
| Month 2  | $12767455.89             | $-267574940.85                             |
| Month 3  | $21778204.05             | $-20488757.53                              |

### 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        |    128433 | NS      | $14848139.13  | 0.65%             |  |  |  | No            |                  1 | On Loan: —       |
| Apogee Therapeutics, Inc.                              | Apogee Therapeutics, Inc.                              | CUSIP: 03770N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    382557 | NS      | $15015362.25  | 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      | $7569222.58   | 0.33%             |  |  |  | Yes           |                  3 | On Loan: No      |
| nCino, Inc.                                            | nCino, Inc.                                            | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |   1002169 | NS      | $23250320.80  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AvePoint, Inc.                                         | AvePoint, Inc.                                         | CUSIP: 053604104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1028800 | NS      | $16820880.00  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp.                                      | Haemonetics Corp.                                      | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |    529200 | NS      | $33350184.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp.                            | Lattice Semiconductor Corp.                            | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    786736 | NS      | $38494992.48  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp.                                 | Integer Holdings Corp.                                 | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |    370994 | NS      | $46860252.14  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Merus NV                                               | Merus NV                                               | CUSIP: N/A<br>LEI: 549300W8GPUWU8QNU293       | Long             | EC               | CORP              | NL        |    524703 | NS      | $23879233.53  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Oddity Tech Ltd.                                       | Oddity Tech Ltd., Class A                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |    209063 | NS      | $12844830.72  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchling, Inc.                                        | Benchling, Inc., Series F                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    382306 | NS      | $5299518.89   | 0.23%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Insmed, Inc.                                           | Insmed, Inc.                                           | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    503420 | NS      | $36246240.00  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Dyne Therapeutics, Inc.                                | Dyne Therapeutics, Inc.                                | CUSIP: 26818M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    483866 | NS      | $5704780.14   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CryoPort, Inc.                                         | CryoPort, Inc.                                         | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Long             | EC               | CORP              | US        |    324247 | NS      | $1809298.26   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kura Oncology, Inc.                                    | Kura Oncology, Inc.                                    | CUSIP: 50127T109<br>LEI: 5493005QORQTZCZYOP39 | Long             | EC               | CORP              | US        |    479209 | NS      | $3143611.04   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Checkr, Inc.                                           | Checkr, Inc., Series E                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1388889 | NS      | $20904850.28  | 0.92%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Freshpet, Inc.                                         | Freshpet, Inc.                                         | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |    393710 | NS      | $28953433.40  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd.                                             | JFrog Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |    351678 | NS      | $11876166.06  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co.                                   | Allegiant Travel Co.                                   | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |    414134 | NS      | $19435308.62  | 0.85%             |  |  |  | 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      |
| 1661, Inc.                                             | 1661, Inc., Series F                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   3436485 | NS      | $5047361.40   | 0.22%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Lumentum Holdings, Inc.                                | Lumentum Holdings, Inc.                                | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |    192005 | NS      | $11335975.20  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Confluent, Inc.                                        | Confluent, Inc., Class A                               | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |   1152523 | NS      | $27441572.63  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Repay Holdings Corp.                                   | Repay Holdings Corp., Class A                          | CUSIP: 76029L100<br>LEI: 2549006EJ42T73ZKUI98 | Long             | EC               | CORP              | US        |   1156431 | NS      | $4625724.00   | 0.20%             |  |  |  | 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      | $412782.96    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Steven Madden Ltd.                                     | Steven Madden Ltd.                                     | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    233362 | NS      | $4900602.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings, Inc.                                     | RBC Bearings, Inc.                                     | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93431 | NS      | $30698623.67  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions, Inc.                                  | Viavi Solutions, Inc.                                  | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    419191 | NS      | $4435040.78   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab, Inc.                                           | Gitlab, Inc., Class A                                  | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |    821195 | NS      | $38325170.65  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp.                                 | Twist Bioscience Corp.                                 | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |    178868 | NS      | $6854221.76   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments, Inc.                                  | Shift4 Payments, Inc., Class A                         | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    350799 | NS      | $28695358.20  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics, Inc.                                     | Cytokinetics, Inc.                                     | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    147448 | NS      | $6316672.32   | 0.28%             |  |  |  | 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      | $12059779.82  | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Pinnacle Financial Partners, Inc.                      | Pinnacle Financial Partners, Inc.                      | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |    311096 | NS      | $31184263.04  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity, Inc.                                     | HealthEquity, Inc.                                     | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |    336350 | NS      | $28831922.00  | 1.26%             |  |  |  | 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      | $11535195.94  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics, Inc.                               | Janux Therapeutics, Inc.                               | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    258750 | NS      | $8590500.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Centessa Pharmaceuticals plc                           | Centessa Pharmaceuticals plc                           | CUSIP: 152309100<br>LEI: 213800GIDAARDSKOI827 | Long             | EC               | CORP              | GB        |    613403 | NS      | $8409755.13   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullinan Therapeutics, Inc.                            | Cullinan Therapeutics, Inc.                            | CUSIP: 230031106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    785043 | NS      | $6500156.04   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshworks, Inc.                                       | Freshworks, Inc., Class A                              | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |   1953623 | NS      | $28855011.71  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies, Inc.                            | ZoomInfo Technologies, Inc., Class A                   | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |   1725741 | NS      | $14772342.96  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co.                             | Performance Food Group Co.                             | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |    215391 | NS      | $17373438.06  | 0.76%             |  |  |  | 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        |    692015 | NS      | $29549040.50  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CS Disco, Inc.                                         | CS Disco, Inc.                                         | CUSIP: 126327105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1383828 | NS      | $5161678.44   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings, Inc.                                    | Loar Holdings, Inc.                                    | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98819 | NS      | $9346301.02   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearMotion, Inc.                                      | ClearMotion, Inc., Series A-4                          | CUSIP: N/A<br>LEI: 254900AOZNAIGTQZCA74       | Long             | EP               | CORP              | US        |   6477294 | NS      | $834515.13    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AAON, Inc.                                             | AAON, Inc.                                             | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    383603 | NS      | $35011445.81  | 1.53%             |  |  |  | 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        |    289900 | NS      | $3835377.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings, Inc.                                    | Herc Holdings, Inc.                                    | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |    117127 | NS      | $12818378.88  | 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      | $29851089.81  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group, Inc.                                 | Alaska Air Group, Inc.                                 | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |    558179 | NS      | $24710584.33  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                                 | BWX Technologies, Inc.                                 | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    603958 | NS      | $65903896.96  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology, Inc.                                      | CG oncology, Inc.                                      | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    258180 | NS      | $6955369.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Couchbase, Inc.                                        | Couchbase, Inc.                                        | CUSIP: 22207T101<br>LEI: 5493004VX52ODFMQLF07 | Long             | EC               | CORP              | US        |   1857134 | NS      | $32759843.76  | 1.44%             |  |  |  | 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      | $2605673.94   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Cava Group, Inc.                                       | Cava Group, Inc.                                       | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    305660 | NS      | $28252153.80  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp.                                              | AAR Corp.                                              | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |    734920 | NS      | $39288823.20  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Syndax Pharmaceuticals, Inc.                           | Syndax Pharmaceuticals, Inc.                           | CUSIP: 87164F105<br>LEI: 529900OF94TRHKZVBS87 | Long             | EC               | CORP              | US        |    697482 | NS      | $9869370.30   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce, Inc.                                     | SPS Commerce, Inc.                                     | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |    143111 | NS      | $20537859.61  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte, Inc.                                          | Vaxcyte, Inc.                                          | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |    257296 | NS      | $9221488.64   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies, Inc.                             | Procore Technologies, Inc.                             | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |    509427 | NS      | $32649176.43  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                                    | Ascendis Pharma A/S                                    | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |    193980 | NS      | $33061951.20  | 1.45%             |  |  |  | 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      | $7317732.27   | 0.32%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Ceribell, Inc.                                         | Ceribell, Inc.                                         | CUSIP: 15678C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    449465 | NS      | $7231891.85   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                                | Pebblebrook Hotel Trust                                | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    905327 | NS      | $8193209.35   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Monday.com Ltd.                                        | Monday.com Ltd.                                        | CUSIP: N/A<br>LEI: 984500MDAFVD86E3B328       | Long             | EC               | CORP              | IL        |    133416 | NS      | $37488561.84  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands, Inc.                                  | BellRing Brands, Inc.                                  | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    787591 | NS      | $60754769.74  | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp.                                  | GeneDx Holdings Corp., Class A                         | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93622 | NS      | $6258630.70   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                                  | Matador Resources Co.                                  | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    685822 | NS      | $27117401.88  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Pulmonx Corp.                                          | Pulmonx Corp.                                          | CUSIP: 745848101<br>LEI: 549300WZMFR0ZK7RJY40 | Long             | EC               | CORP              | US        |    309845 | NS      | $1496551.35   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Olema Pharmaceuticals, Inc.                            | Olema Pharmaceuticals, Inc.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    893200 | NS      | $4608912.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Laboratories, Inc.                             | Silicon Laboratories, Inc.                             | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |    170483 | NS      | $17348350.08  | 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      | $379406.54    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Flywire Corp.                                          | Flywire Corp.                                          | CUSIP: 302492103<br>LEI: 54930055DSV7NNY4VY66 | Long             | EC               | CORP              | US        |   1408498 | NS      | $13253966.18  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics, Inc.                           | Structure Therapeutics, Inc.                           | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     50066 | NS      | $1351782.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore, Inc.                                         | Evercore, Inc., Class A                                | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |    124192 | NS      | $25495375.68  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridge Investment Group Holdings, Inc.                 | Bridge Investment Group Holdings, Inc., Class A        | CUSIP: 10806B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1188411 | NS      | $11396861.49  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop, Inc.                                         | Wingstop, Inc.                                         | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |    116091 | NS      | $30635253.99  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey, Inc.                                   | Houlihan Lokey, Inc., Class A                          | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |    224061 | NS      | $36315806.88  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp.                                          | Vontier Corp.                                          | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |   1285642 | NS      | $40896272.02  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Chinook Therapeutics, Inc.                             | Chinook Therapeutics, Inc., CVR                        | CUSIP: 169CVR016<br>LEI: N/A                  | Long             |  | CORP              | US        |    410500 | NS      | $802045.57    | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| M/I Homes, Inc.                                        | M/I Homes, Inc.                                        | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |    191080 | NS      | $20384414.40  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                               | Western Alliance Bancorp                               | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |    284338 | NS      | $19821201.98  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Smule, Inc.                                            | Smule, Inc., Series H                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    352675 | NS      | $102472.19    | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Acumen Pharmaceuticals, Inc.                           | Acumen Pharmaceuticals, Inc.                           | CUSIP: 00509G209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    767972 | NS      | $867808.36    | 0.04%             |  |  |  | No            |                  1 | 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        |  25561170 | NS      | $25561170.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings, Inc.                               | Boot Barn Holdings, Inc.                               | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |    172470 | NS      | $17995519.80  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| EyePoint Pharmaceuticals, Inc.                         | EyePoint Pharmaceuticals, Inc.                         | CUSIP: 30233G209<br>LEI: 549300QE1RU34T50MR69 | Long             | EC               | CORP              | US        |   1170839 | NS      | $7985121.98   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Intapp, Inc.                                           | Intapp, Inc.                                           | CUSIP: 45827U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    263015 | NS      | $14271193.90  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| OneTrust LLC                                           | OneTrust LLC, Series A-1                               | CUSIP: N/A<br>LEI: 984500WD5532BB49FA33       | Long             | EP               | CORP              | US        |     56457 | NS      | $683342.26    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Onto Innovation, Inc.                                  | Onto Innovation, Inc.                                  | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |    290786 | NS      | $35467168.42  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Legalzoom.com, Inc.                                    | Legalzoom.com, Inc.                                    | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |   2631839 | NS      | $19265061.48  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearMotion, Inc.                                      | ClearMotion, Inc., Series A-3                          | CUSIP: N/A<br>LEI: 254900AOZNAIGTQZCA74       | Long             | EP               | CORP              | US        |   1037942 | NS      | $140557.07    | 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      | $11929905.28  | 0.52%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NeoGenomics, Inc.                                      | NeoGenomics, Inc.                                      | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1247115 | NS      | $7975300.43   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems, Inc.                          | Inspire Medical Systems, Inc.                          | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |    179866 | NS      | $28487177.08  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors, Inc.                                    | Lithia Motors, Inc., Class A                           | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     77949 | NS      | $22820349.24  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group, Inc.                              | Privia Health Group, Inc.                              | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1173981 | NS      | $27565073.88  | 1.21%             |  |  |  | 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      | $11623066.05  | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Arcosa, Inc.                                           | Arcosa, Inc.                                           | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |    672925 | NS      | $53881104.75  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings, Inc.                                | LiveRamp Holdings, Inc.                                | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |   1178033 | NS      | $30817343.28  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction, Inc.                             | Granite Construction, Inc.                             | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |    526333 | NS      | $42785609.57  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings, Inc.                                  | Karman Holdings, Inc.                                  | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27472 | NS      | $982124.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Paymentus Holdings, Inc.                               | Paymentus Holdings, Inc., Class A                      | CUSIP: 70439P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1488284 | NS      | $48309698.64  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Optoro, Inc.                                           | Optoro, Inc., Series E                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    554878 | NS      | $7429669.93   | 0.33%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SiTime Corp.                                           | SiTime Corp.                                           | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    227395 | NS      | $33395229.70  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Nerdy, Inc.                                            | Nerdy, Inc.                                            | CUSIP: 64081V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3259795 | NS      | $5183074.05   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics, Inc.                           | Structure Therapeutics, Inc.                           | CUSIP: 86366E106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    141951 | NS      | $3832677.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Institutional Fiduciary Trust - Money Market Portfolio | Institutional Fiduciary Trust - Money Market Portfolio | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |  28879975 | NS      | $28879975.42  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                                  | Texas Roadhouse, Inc., Class A                         | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |    229358 | NS      | $38064253.68  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters, Inc.                        | American Eagle Outfitters, Inc.                        | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |    533146 | NS      | $5614027.38   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceTitan, Inc.                                     | ServiceTitan, Inc.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    148478 | NS      | $17165541.58  | 0.75%             |  |  |  | Yes           |                  1 | On Loan: No      |
| BigCommerce Holdings, Inc.                             | BigCommerce Holdings, Inc., Series 1                   | CUSIP: 08975P108<br>LEI: 549300MOVEFQ78DMPG58 | Long             | EC               | CORP              | US        |   1422192 | NS      | $7366954.56   | 0.32%             |  |  |  | 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      | $40825712.30  | 1.79%             |  |  |  | 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      | $20605355.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Phreesia, Inc.                                         | Phreesia, Inc.                                         | CUSIP: 71944F106<br>LEI: 5493000HHF8NU4QOCG53 | Long             | EC               | CORP              | US        |   1278706 | NS      | $31916501.76  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology, Inc.                                | Alkami Technology, Inc.                                | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |    658750 | NS      | $17582037.50  | 0.77%             |  |  |  | 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      | $17867349.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.              | Kratos Defense & Security Solutions, Inc.              | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |   1487219 | NS      | $50245693.92  | 2.20%             |  |  |  | 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  | 0.64%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Smule, Inc.                                            | Smule, Inc., Series J                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    162712 | NS      | $1853439.21   | 0.08%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** Franklin Strategic Series

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer