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 | |
|---|---|---|---|---|---|---|
276
CRH
CRH
$66.6B
| $167M | 0.08% |
2,426,323
-127,648
| -5% | -$7.7M |
|
277
Alcon
ALC
$34B
| $165M | 0.08% |
2,115,071
+171,738
| +9% | +$12.7M |
|
278
Knowles
KN
$2.96B
| $164M | 0.08% |
9,181,260
+904,446
| +11% | +$14.1M |
|
279
Integer Holdings
ITGR
$3.39B
| $163M | 0.08% |
1,647,688
-76,747
| -4% | -$6.6M |
|
280
American Express
AXP
$224B
| $162M | 0.08% |
862,093
-46,343
| -5% | -$7.46M |
|
281
UFP Industries
UFPI
$4.95B
| $161M | 0.08% |
1,282,610
-246,197
| -16% | -$26.6M |
|
282
TransUnion
TRU
$16B
| $160M | 0.08% |
2,334,249
+527,356
| +29% | +$32.1M |
|
283
DoorDash
DASH
$84.3B
| $159M | 0.07% |
1,607,776
+1,200,181
| +294% | +$106M |
|
284
Avient
AVNT
$3.29B
| $155M | 0.07% |
3,724,336
+381,610
| +11% | +$13.3M |
|
285
Hanover Insurance
THG
$8.13B
| $153M | 0.07% |
1,256,235
-170,837
| -12% | -$20.3M |
|
286
TotalEnergies
TTE
$193B
| $152M | 0.07% |
2,261,334
-548,236
| -20% | -$36.6M |
|
287
Xcel Energy
XEL
$49.2B
| $152M | 0.07% |
2,452,968
-45,853
| -2% | -$2.75M |
|
288
American Water Works
AWK
$27B
| $152M | 0.07% |
1,147,978
-19,792
| -2% | -$2.5M |
|
289
Canadian Pacific Kansas City
CP
$81B
| $149M | 0.07% |
1,889,970
-1,747,491
| -48% | -$128M |
|
290
Ingersoll Rand
IR
$33.1B
| $149M | 0.07% |
1,929,794
+3,708
| +0.2% | +$254K |
|
291
Regal Rexnord
RRX
$12.5B
| $148M | 0.07% |
1,001,545
+466,820
| +87% | +$58.9M |
|
292
GitLab
GTLB
$5.75B
| $148M | 0.07% |
2,353,743
+913
| +0% | +$46.1K |
|
293
Crown Castle
CCI
$34.6B
| $147M | 0.07% |
1,275,854
-940,940
| -42% | -$96.4M |
|
294
New York Times
NYT
$12.6B
| $147M | 0.07% |
2,997,420
+406,958
| +16% | +$18M |
|
295
Freshpet
FRPT
$3.04B
| $147M | 0.07% |
1,689,745
+117,864
| +7% | +$8.07M |
|
296
SiTime
SITM
$13.8B
| $146M | 0.07% |
1,198,841
+264
| +0% | +$29.9K |
|
297
Baker Hughes
BKR
$58.3B
| $146M | 0.07% |
4,263,190
+402,630
| +10% | +$13.7M |
|
298
Haemonetics
HAE
$3.88B
| $145M | 0.07% |
1,693,880
-505
| -0% | -$43.7K |
|
299
Onto Innovation
ONTO
$10.9B
| $145M | 0.07% |
945,836
-370,007
| -28% | -$49.8M |
|
300
Public Service Enterprise Group
PEG
$38.7B
| $143M | 0.07% |
2,331,709
+259,694
| +13% | +$16M |
|
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.