Franklin Resources Portfolio holdings
Franklin Resources, Inc., commonly known as Franklin Templeton, was founded in 1947 by Rupert H. Johnson, Sr., and is headquartered in San Mateo, California, operating as a global investment management firm managing hundreds of billions in assets. The company offers a wide range of investment products, including mutual funds, ETFs, fixed-income portfolios, and alternative investments, serving individual investors, financial advisors, and institutions across over 150 countries. Known for its acquisition-driven growth—such as the 1992 purchase of Templeton Investments and the 2020 addition of Legg Mason—Franklin Templeton combines diverse strategies under a single brand, emphasizing both active management and income-focused solutions like its flagship Franklin Income Fund. With a reputation for adaptability and a client-centric approach, it remains a major player in the global asset management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PNC Financial Services
PNC
|
+$394M |
| 2 |
Chevron
CVX
|
+$272M |
| 3 |
Albemarle
ALB
|
+$229M |
| 4 |
PepsiCo
PEP
|
+$223M |
| 5 |
ExxonMobil
XOM
|
+$196M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$427M |
| 2 |
Bank of America
BAC
|
+$351M |
| 3 |
Morgan Stanley
MS
|
+$249M |
| 4 |
Honeywell
HON
|
+$234M |
| 5 |
Apple
AAPL
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.6% |
| 2 | Healthcare | 14.36% |
| 3 | Financials | 10.56% |
| 4 | Industrials | 10.06% |
| 5 | Consumer Discretionary | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NARI
251
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $184M | 0.09% |
2,828,075
-11,655
| -0.4% | -$702K |
|
252
Rockwell Automation
ROK
$51.4B
| $182M | 0.09% |
586,342
-21,692
| -4% | -$6.08M |
|
253
Arista Networks
ANET
$219B
| $182M | 0.09% |
3,088,060
-536,584
| -15% | -$28.2M |
|
254
CMS Energy
CMS
$23.1B
| $181M | 0.08% |
3,121,349
-302,872
| -9% | -$16.9M |
|
255
Baxter International
BAX
$11.6B
| $181M | 0.08% |
4,677,489
-125,260
| -3% | -$4.43M |
|
256
Charles River Laboratories
CRL
$10.9B
| $180M | 0.08% |
763,015
-18,486
| -2% | -$3.64M |
|
|
VRN
257
DELISTED
Veren
VRN
| $180M | 0.08% |
25,945,226
+1,229,117
| +5% | +$9.07M |
|
258
Hartford Financial Services
HIG
$38.5B
| $180M | 0.08% |
2,236,115
+129,120
| +6% | +$9.72M |
|
259
SBA Communications
SBAC
$18.4B
| $180M | 0.08% |
707,743
+19,462
| +3% | +$4.37M |
|
260
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $179M | 0.08% |
3,235,040
+91,755
| +3% | +$4.65M |
|
261
HDFC Bank
HDB
$119B
| $179M | 0.08% |
5,331,928
+226,536
| +4% | +$6.83M |
|
262
iShares Floating Rate Bond ETF
FLOT
$10.1B
| $178M | 0.08% |
3,523,793
-142,584
| -4% | -$7.23M |
|
263
Veralto
VLTO
$22.6B
| $178M | 0.08% |
+2,163,991
| New | +$162M |
|
|
XYZ
264
Block Inc
XYZ
$45.9B
| $178M | 0.08% |
2,300,083
+39,823
| +2% | +$2.25M |
|
265
Blackstone
BX
$104B
| $177M | 0.08% |
1,349,315
+26,442
| +2% | +$2.86M |
|
266
CenterPoint Energy
CNP
$29.1B
| $176M | 0.08% |
6,174,044
-508,681
| -8% | -$14.1M |
|
267
Wells Fargo
WFC
$261B
| $176M | 0.08% |
3,570,865
-296,952
| -8% | -$12.8M |
|
268
American Tower
AMT
$77.7B
| $173M | 0.08% |
800,268
-78,426
| -9% | -$14.8M |
|
269
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.1B
| $171M | 0.08% |
3,676,239
+297,749
| +9% | +$12.8M |
|
270
BWX Technologies
BWXT
$16B
| $171M | 0.08% |
2,227,564
-18,672
| -0.8% | -$1.44M |
|
271
KBR
KBR
$4.68B
| $171M | 0.08% |
3,084,559
+331,749
| +12% | +$18.3M |
|
272
Xylem
XYL
$28.5B
| $169M | 0.08% |
1,480,452
+154,724
| +12% | +$15.4M |
|
273
Banco Bradesco
BBD
$38.1B
| $168M | 0.08% |
47,947,247
-1,038,413
| -2% | -$3.26M |
|
274
Franklin International Aggregate Bond ETF
FLIA
$765M
| $168M | 0.08% |
8,225,363
-993,696
| -11% | -$19.7M |
|
275
First Interstate BancSystem
FIBK
$3.7B
| $168M | 0.08% |
5,453,783
+1,449,219
| +36% | +$37.7M |
|
Similar funds
Franklin Resources's Q4 2023 Portfolio in Review
As of Q4 2023, Franklin Resources held 2,774 positions worth $214B, up 8.7% from $197B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Franklin Resources withdrew a net $7.44B in Q4 2023, closing 138 positions and reducing 1,143 holdings. Its most notable exit was Activision Blizzard, an estimated $427M position sold in full.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Veralto worth $178M.
- Franklin Resources's largest Q4 2023 buy was Veralto: 2,163,991 shares worth $178M.
- Franklin Resources added most to PNC Financial Services in Q4 2023, an estimated $394M increase.
- Franklin Resources's biggest Q4 2023 reduction was Bank of America, cutting an estimated $351M.
- Franklin Resources fully exited Activision Blizzard in Q4 2023, selling an estimated $427M.
- Franklin Resources's ten largest holdings make up 18% of its $214B portfolio in Q4 2023.
- Franklin Resources opened 114 new positions and closed 138 in Q4 2023.
- Franklin Resources's portfolio value rose 8.7% quarter-over-quarter to $214B.
Based on Franklin Resources's 13F filing for Q4 2023, filed 9 Feb 2024.