# EDGAR Filing Document

**Accession Number:** 0000872625
**File Stem:** 0001752724-25-153728
**Filing Date:** 2025-6
**Character Count:** 40089
**Document Hash:** efd8ec9bf8d792fdf5461e0012a78900
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-153728.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001752724-25-153728

**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:** 251068688

**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-MID CAP GROWTH FUND (Series ID: S000006888)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018650 | CLASS A       | FRSGX           |
| C000018652 | CLASS C       | FRSIX           |
| C000018653 | ADVISOR CLASS | FSGAX           |
| C000018654 | CLASS R       | FSMRX           |
| C000128864 | Class R6      | FMGGX           |

## 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-Mid Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000006888

- **c. LEI of Series:** 549300XZX5ZXXK3WKM42

**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:** $3546773751.41

**Total Liabilities:** $11927694.08

**Net Assets:** $3534846057.33

**Cash Not Reported:** $165.02

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128864 | -5.73%               | -8.74%               | 1.03%                |
| Class ID C000018653 | -5.74%               | -8.72%               | 1.01%                |
| Class ID C000018654 | -5.78%               | -8.77%               | 1.01%                |
| Class ID C000018652 | -5.78%               | -8.84%               | 0.94%                |
| Class ID C000018650 | -5.76%               | -8.75%               | 1.01%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $44818602.90             | $-284909839.94                             |
| Month 2  | $20171407.12             | $-363339134.72                             |
| Month 3  | $-12281355.01            | $47094515.96                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Phononic, Inc.                                         | Phononic, Inc., Series H-S                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     66235 | PA      | $66234.79     | 0.00%             | 2027-11-30      | Fixed         | 5.31%                 | Yes           |                  3 | On Loan: No      |
| ServiceTitan, Inc.                                     | ServiceTitan, Inc., Class A                            | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73700 | NS      | $8520457.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Phononic, Inc.                                         | Phononic, Inc., First Lien, Advance CME Term Loan, B   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1041437 | PA      | $824303.25    | 0.02%             | 2025-06-30      | Variable      | 12.00%                | No            |                  3 | On Loan: No      |
| Blaize Events & Media, Inc.                            | Blaize Events & Media, Inc.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    113948 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AMETEK, Inc.                                           | AMETEK, Inc.                                           | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |    265306 | NS      | $44990591.48  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties, Inc.                      | Equity LifeStyle Properties, Inc.                      | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    400813 | NS      | $25964666.14  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                            | Xylem, Inc.                                            | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |    353508 | NS      | $42622459.56  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp.                            | Lattice Semiconductor Corp.                            | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    955346 | NS      | $46745079.78  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR, Inc.                                              | NVR, Inc.                                              | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |      5278 | NS      | $37609708.50  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchling, Inc.                                        | Benchling, Inc., Series F                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    347106 | NS      | $4811577.12   | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Arteris, Inc.                                          | Arteris, Inc.                                          | CUSIP: 04302A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1328254 | NS      | $8846171.64   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp.                                         | Repligen Corp.                                         | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |    330219 | NS      | $45566919.81  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet, Inc.                                         | Freshpet, Inc.                                         | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |    295098 | NS      | $21701506.92  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest, Inc.                                        | Pinterest, Inc., Class A                               | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1782879 | NS      | $45142496.28  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash, Inc.                                         | DoorDash, Inc., Class A                                | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |    449876 | NS      | $86776581.64  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp.                                       | Fair Isaac Corp.                                       | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |     43468 | NS      | $86487410.24  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner, Inc.                                          | Gartner, Inc.                                          | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |    151859 | NS      | $63944787.72  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy, Inc.                                  | Cheniere Energy, Inc.                                  | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    216374 | NS      | $50006195.14  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores, Inc.                                      | Ross Stores, Inc.                                      | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |    267887 | NS      | $37236293.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic, Inc.                                         | Phononic, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     66235 | PA      | $66234.79     | 0.00%             | 2027-11-30      | Fixed         | 5.31%                 | Yes           |                  3 | On Loan: No      |
| Confluent, Inc.                                        | Confluent, Inc., Class A                               | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |   1593385 | NS      | $37938496.85  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic Devices, Inc.                                 | Phononic Devices, Inc., Series G-2-S                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    513050 | NS      | $55490.97     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Phononic, Inc.                                         | Phononic, Inc., Series H-S-X                           | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | US        |     47104 | NS      | $4097.95      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Blaize Holdings, Inc.                                  | Blaize Holdings, Inc.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    114150 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Standardaero, Inc.                                     | Standardaero, Inc.                                     | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    510743 | NS      | $13800275.86  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk, Inc. (The)                                 | Trade Desk, Inc. (The), Class A                        | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    726800 | NS      | $38978284.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity, Inc.                                     | HealthEquity, Inc.                                     | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |    227939 | NS      | $19538931.08  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp.                                             | Hess Corp.                                             | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |    291117 | NS      | $37568648.85  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems, Inc.                                    | Veeva Systems, Inc., Class A                           | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |    261077 | NS      | $61011084.13  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co.                                    | Vertiv Holdings Co., Class A                           | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    495000 | NS      | $42263100.00  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp.                                           | ROBLOX Corp., Class A                                  | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1362728 | NS      | $91370912.40  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera, Inc.                                           | Natera, Inc.                                           | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    253000 | NS      | $38185290.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI, Inc.                                             | MSCI, Inc., Class A                                    | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |    129102 | NS      | $70374791.22  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise, Inc.                                  | Axon Enterprise, Inc.                                  | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |    180642 | NS      | $110787738.60 | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq, Inc.                                           | Nasdaq, Inc.                                           | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |    667136 | NS      | $50842434.56  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone, Inc.                                         | AutoZone, Inc.                                         | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |     13600 | NS      | $51171360.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog, Inc.                                          | Datadog, Inc., Class A                                 | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |    651168 | NS      | $66523322.88  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                                 | BWX Technologies, Inc.                                 | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    305900 | NS      | $33379808.00  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology, Inc.                                      | CG oncology, Inc.                                      | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    385071 | NS      | $10373812.74  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot, Inc.                                          | HubSpot, Inc.                                          | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |    129690 | NS      | $79305435.00  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group, Inc.                                       | Cava Group, Inc.                                       | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    487464 | NS      | $45056297.52  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic, Inc.                                         | Phononic, Inc., Series H-S, Class S                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     66235 | PA      | $66234.79     | 0.00%             | 2027-11-30      | Fixed         | 5.31%                 | Yes           |                  3 | On Loan: No      |
| Alnylam Pharmaceuticals, Inc.                          | Alnylam Pharmaceuticals, Inc.                          | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |    143887 | NS      | $37876813.88  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies, Inc.                             | Procore Technologies, Inc.                             | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |    581661 | NS      | $37278653.49  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                                    | Ascendis Pharma A/S                                    | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |     79464 | NS      | $13543844.16  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital, Inc.                                 | Blue Owl Capital, Inc., Class A                        | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2664949 | NS      | $49381504.97  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co.                               | Arthur J Gallagher & Co.                               | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |    189552 | NS      | $60787430.88  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom, Inc.                                           | Dexcom, Inc.                                           | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |    940900 | NS      | $67161442.00  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands, Inc.                                  | BellRing Brands, Inc.                                  | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    453131 | NS      | $34954525.34  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Blaize Events & Media, Inc.                            | Blaize Events & Media, Inc.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    114800 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Fifth Third Bancorp                                    | Fifth Third Bancorp                                    | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    761500 | NS      | $27368310.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra, Inc.                                         | Penumbra, Inc.                                         | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |    169962 | NS      | $49771672.08  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates, Inc.                             | Manhattan Associates, Inc.                             | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |    233500 | NS      | $41420565.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| OneTrust LLC                                           | OneTrust LLC, Series C                                 | CUSIP: N/A<br>LEI: 984500WD5532BB49FA33       | Long             | EC               | CORP              | US        |    767526 | NS      | $9289954.34   | 0.26%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Blaize Events & Media, Inc.                            | Blaize Events & Media, Inc.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   3389282 | NS      | $8202062.66   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Plaid, Inc.                                            | Plaid, Inc., Class A                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     30940 | NS      | $6311036.00   | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SailPoint, Inc.                                        | SailPoint, Inc.                                        | CUSIP: 78781J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    512800 | NS      | $8799648.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop, Inc.                                         | Wingstop, Inc.                                         | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |    176583 | NS      | $46598487.87  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co.                                        | Halliburton Co.                                        | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |   1224119 | NS      | $24262038.58  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                           | Vistra Corp.                                           | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    262700 | NS      | $34053801.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Anduril Industries, Inc.                               | Anduril Industries, Inc., Series F                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    414483 | NS      | $16944894.01  | 0.48%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Verisk Analytics, Inc.                                 | Verisk Analytics, Inc., Class A                        | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |    316134 | NS      | $93711601.62  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories, Inc.                               | IDEXX Laboratories, Inc.                               | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |     93892 | NS      | $40622373.80  | 1.15%             |  |  |  | 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        |   8522500 | NS      | $8522500.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp.                                         | AppLovin Corp., Class A                                | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    148500 | NS      | $39992535.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic Devices, Inc.                                 | Phononic Devices, Inc., Series F-S                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |   2970061 | NS      | $135045.70    | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Onto Innovation, Inc.                                  | Onto Innovation, Inc.                                  | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |    183129 | NS      | $22336244.13  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings, Inc.                           | LPL Financial Holdings, Inc.                           | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |    135948 | NS      | $43474810.92  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Databricks, Inc.                                       | Databricks, Inc., Series G                             | CUSIP: N/A<br>LEI: 984500FEDAC7FBD96273       | Long             | EC               | CORP              | US        |    227829 | NS      | $20903902.88  | 0.59%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Terreno Realty Corp.                                   | Terreno Realty Corp.                                   | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    491095 | NS      | $27663381.35  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex, Inc.                                          | Paychex, Inc.                                          | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |    386709 | NS      | $56892628.08  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp.                                  | Ares Management Corp., Class A                         | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |    604136 | NS      | $92148864.08  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Newsela, Inc.                                          | Newsela, Inc., Series D                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    423782 | NS      | $7130255.47   | 0.20%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Fanatics Holdings, Inc.                                | Fanatics Holdings, Inc.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    793714 | NS      | $42691367.13  | 1.21%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TransUnion                                             | TransUnion                                             | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    317034 | NS      | $26301140.64  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic, Inc.                                         | Phononic, Inc., Series H-S                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    117763 | NS      | $124806.41    | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Old Dominion Freight Line, Inc.                        | Old Dominion Freight Line, Inc.                        | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |    381083 | NS      | $58412402.24  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets, Inc.                                 | Tradeweb Markets, Inc., Class A                        | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    327576 | NS      | $45303760.80  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                                   | United Rentals, Inc.                                   | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     54446 | NS      | $34379926.70  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                                     | Tractor Supply Co.                                     | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |   1266380 | NS      | $64104155.60  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs, Inc.                                      | Astera Labs, Inc.                                      | CUSIP: 04626A103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121800 | NS      | $7954758.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Paymentus Holdings, Inc.                               | Paymentus Holdings, Inc., Class A                      | CUSIP: 70439P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    382700 | NS      | $12422442.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies, Inc.                               | Tyler Technologies, Inc.                               | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     91900 | NS      | $49929270.00  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart, Inc.                                           | Copart, Inc.                                           | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    353500 | NS      | $21574105.00  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp.                                           | SiTime Corp.                                           | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165970 | NS      | $24374354.20  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys, Inc.                                         | Synopsys, Inc.                                         | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |    104960 | NS      | $48177689.60  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB, Inc.                                          | MongoDB, Inc., Class A                                 | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |    288845 | NS      | $49730443.65  | 1.41%             |  |  |  | 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        |  70336841 | NS      | $70336841.30  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                                  | Texas Roadhouse, Inc., Class A                         | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |    288800 | NS      | $47929248.00  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                           | Fastenal Co.                                           | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |    727047 | NS      | $58868995.59  | 1.67%             |  |  |  | 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        |    774528 | NS      | $40321927.68  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora, Inc.                                          | Cencora, Inc.                                          | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     33100 | NS      | $9687377.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Blaize Events & Media, Inc.                            | Blaize Events & Media, Inc.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    114420 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Burlington Stores, Inc.                                | Burlington Stores, Inc.                                | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |    254367 | NS      | $57242749.68  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology, Inc.                                | Alkami Technology, Inc.                                | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |    885772 | NS      | $23641254.68  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare, Inc.                                       | Cloudflare, Inc., Class A                              | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |    524056 | NS      | $63295483.68  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Block, Inc.                                            | Block, Inc., Class A                                   | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |    876592 | NS      | $51254334.24  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems, Inc.                         | Monolithic Power Systems, Inc.                         | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     96672 | NS      | $57336163.20  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic, Inc.                                         | Phononic, Inc., Series H-S                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     23970 | NS      | $2085.34      | 0.00%             |  |  |  | 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