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 | |
|---|---|---|---|---|---|---|
326
Genpact
G
$6.2B
| $120M | 0.06% |
3,448,806
+214,986
| +7% | +$7.42M |
|
327
Adient
ADNT
$1.69B
| $118M | 0.06% |
3,233,171
+37,010
| +1% | +$1.27M |
|
328
Horace Mann Educators
HMN
$2.11B
| $117M | 0.05% |
3,578,005
+303,501
| +9% | +$9.74M |
|
329
Tractor Supply
TSCO
$16.3B
| $117M | 0.05% |
2,717,285
-143,160
| -5% | -$5.85M |
|
330
Caterpillar
CAT
$361B
| $116M | 0.05% |
391,765
+60,554
| +18% | +$15.7M |
|
331
Eversource Energy
ES
$28.2B
| $114M | 0.05% |
1,845,078
-232,599
| -11% | -$13.4M |
|
332
Mobileye
MBLY
$2.05B
| $114M | 0.05% |
2,622,704
+538,371
| +26% | +$21.2M |
|
333
Paychex
PAYX
$43.9B
| $114M | 0.05% |
953,829
+10,208
| +1% | +$1.21M |
|
334
Suncor Energy
SU
$77.5B
| $113M | 0.05% |
3,516,181
+308,139
| +10% | +$10.1M |
|
|
GTM
335
ZoomInfo Technologies
GTM
$1.01B
| $112M | 0.05% |
6,055,152
+6,043,581
| +52,230% | +$94.8M |
|
|
X
336
DELISTED
US Steel
X
| $112M | 0.05% |
2,296,929
+179,088
| +8% | +$6.51M |
|
|
CYBR
337
DELISTED
CyberArk
CYBR
| $111M | 0.05% |
507,125
-364,325
| -42% | -$67.6M |
|
338
IQVIA
IQV
$40.1B
| $111M | 0.05% |
479,776
-216
| -0% | -$44.3K |
|
339
TechnipFMC
FTI
$28.8B
| $109M | 0.05% |
5,423,021
-4,506,222
| -45% | -$92.3M |
|
340
iShares Core S&P Small-Cap ETF
IJR
$109B
| $108M | 0.05% |
999,484
+52,059
| +5% | +$5.02M |
|
341
Mueller Water Products
MWA
$3.94B
| $108M | 0.05% |
7,498,710
+974,333
| +15% | +$12.9M |
|
342
Jazz Pharmaceuticals
JAZZ
$16.2B
| $108M | 0.05% |
877,509
-157,114
| -15% | -$19.6M |
|
343
EyePoint Inc
EYPT
$988M
| $107M | 0.05% |
4,640,651
+488,206
| +12% | +$5.46M |
|
344
Highwoods Properties
HIW
$3.88B
| $106M | 0.05% |
4,614,624
+1,364,176
| +42% | +$27.2M |
|
345
Insmed
INSM
$22.5B
| $105M | 0.05% |
3,396,727
-15,110
| -0.4% | -$392K |
|
346
Inspire Medical Systems
INSP
$1.48B
| $105M | 0.05% |
514,012
-275,523
| -35% | -$44.6M |
|
347
Automatic Data Processing
ADP
$111B
| $103M | 0.05% |
441,308
-1,133
| -0.3% | -$264K |
|
348
Marathon Petroleum
MPC
$90.6B
| $103M | 0.05% |
692,063
+103,471
| +18% | +$15.4M |
|
349
Neurocrine Biosciences
NBIX
$18.3B
| $102M | 0.05% |
772,310
+6,124
| +0.8% | +$705K |
|
350
Cohu
COHU
$1.89B
| $98.5M | 0.05% |
2,782,650
+215,153
| +8% | +$7.15M |
|
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.