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 | |
|---|---|---|---|---|---|---|
301
Ameren
AEE
$30.8B
| $140M | 0.07% |
1,930,382
-3,854
| -0.2% | -$293K |
|
302
Goldman Sachs
GS
$295B
| $139M | 0.07% |
360,250
-327,981
| -48% | -$109M |
|
303
Planet Fitness
PLNT
$4.48B
| $138M | 0.06% |
1,885,970
-608
| -0% | -$37.4K |
|
304
Arm
ARM
$247B
| $136M | 0.06% |
1,812,273
-169,368
| -9% | -$9.9M |
|
305
Aptiv
APTV
$12.4B
| $135M | 0.06% |
1,509,972
-4,507
| -0.3% | -$388K |
|
306
Apollo Global Management Series A
APO.PRA
$1.77B
| $135M | 0.06% |
2,400,450
+350
| +0% | +$18.8K |
|
307
Ascendis Pharma A/S
ASND
$16.6B
| $134M | 0.06% |
1,064,805
-148,480
| -12% | -$14.8M |
|
308
WSFS Financial
WSFS
$4.16B
| $133M | 0.06% |
2,886,034
+232,508
| +9% | +$9.12M |
|
309
iShares Short-Term National Muni Bond ETF
SUB
$11.3B
| $132M | 0.06% |
1,247,797
-286,180
| -19% | -$29.8M |
|
310
Nice
NICE
$6.13B
| $129M | 0.06% |
648,202
-201,816
| -24% | -$36.3M |
|
311
Biogen
BIIB
$30.9B
| $129M | 0.06% |
498,349
-130,185
| -21% | -$32M |
|
312
Entegris
ENTG
$16.8B
| $128M | 0.06% |
1,072,041
-6,833
| -0.6% | -$693K |
|
|
ITCI
313
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $127M | 0.06% |
1,780,160
-7,904
| -0.4% | -$455K |
|
314
Bausch Health
BHC
$1.68B
| $127M | 0.06% |
15,801,343
-112
| -0% | -$816 |
|
315
Envista
NVST
$4.64B
| $127M | 0.06% |
5,262,092
+2,077,786
| +65% | +$49.7M |
|
316
iShares Core MSCI Emerging Markets ETF
IEMG
$145B
| $127M | 0.06% |
2,502,195
-1,597,617
| -39% | -$77.4M |
|
317
Zimmer Biomet
ZBH
$18.7B
| $126M | 0.06% |
1,038,943
-59,824
| -5% | -$6.68M |
|
318
Franklin High Yield Corporate ETF
FLHY
$1.21B
| $125M | 0.06% |
5,321,304
-482,303
| -8% | -$10.9M |
|
319
Infosys
INFY
$50.5B
| $124M | 0.06% |
6,719,669
+1,150,885
| +21% | +$20M |
|
320
Netflix
NFLX
$303B
| $123M | 0.06% |
2,534,020
-1,484,430
| -37% | -$64.8M |
|
321
CoStar Group
CSGP
$12.2B
| $122M | 0.06% |
1,401,139
+29,737
| +2% | +$2.41M |
|
322
Hilton Grand Vacations
HGV
$4.11B
| $122M | 0.06% |
3,037,372
+195,485
| +7% | +$7.34M |
|
323
FirstEnergy
FE
$28.8B
| $121M | 0.06% |
3,307,995
+1,158,034
| +54% | +$41.9M |
|
324
CNO Financial Group
CNO
$4.97B
| $121M | 0.06% |
4,322,617
-172,876
| -4% | -$4.35M |
|
325
Arthur J. Gallagher & Co
AJG
$68.9B
| $121M | 0.06% |
535,849
+73,076
| +16% | +$17.3M |
|
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.