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 | |
|---|---|---|---|---|---|---|
351
HealthEquity
HQY
$8.66B
| $98.2M | 0.05% |
1,480,655
+96,583
| +7% | +$6.7M |
|
352
Franklin Systematic Style Premia ETF
FLSP
$1.03B
| $98M | 0.05% |
4,528,081
+2,645,955
| +141% | +$59.2M |
|
353
AutoZone
AZO
$51.3B
| $97.9M | 0.05% |
37,867
-13,414
| -26% | -$34.8M |
|
354
Columbus McKinnon
CMCO
$433M
| $95.4M | 0.04% |
2,445,843
+27,039
| +1% | +$949K |
|
355
Canadian Natural Resources
CNQ
$96.4B
| $94.1M | 0.04% |
2,872,458
-1,726,760
| -38% | -$55.9M |
|
356
Mattel
MAT
$4.47B
| $91.9M | 0.04% |
4,868,389
-3,348,807
| -41% | -$65.1M |
|
357
Old Dominion Freight Line
ODFL
$46B
| $91.1M | 0.04% |
449,388
+59,016
| +15% | +$11.7M |
|
358
Crown Holdings
CCK
$12.9B
| $90.6M | 0.04% |
983,591
-465,499
| -32% | -$39.5M |
|
359
Franklin Municipal Green Bond ETF
FLMB
$75.3M
| $90.4M | 0.04% |
3,749,054
-16
| -0% | -$367 |
|
360
Electronic Arts
EA
$52.4B
| $88.2M | 0.04% |
644,850
-53,156
| -8% | -$7.02M |
|
361
Las Vegas Sands
LVS
$31.9B
| $88.1M | 0.04% |
1,790,624
+1,557
| +0.1% | +$73.6K |
|
362
Boston Scientific
BSX
$68.7B
| $88M | 0.04% |
1,522,128
+31,586
| +2% | +$1.69M |
|
363
Expedia Group
EXPE
$36.7B
| $87.8M | 0.04% |
578,515
+59,506
| +11% | +$7.29M |
|
364
DT Midstream
DTM
$14B
| $87.6M | 0.04% |
1,598,939
-28,352
| -2% | -$1.56M |
|
365
Tronox
TROX
$952M
| $87.6M | 0.04% |
6,185,221
+876,192
| +17% | +$10.8M |
|
366
iShares MSCI USA Quality Factor ETF
QUAL
$46B
| $87M | 0.04% |
591,196
+32,439
| +6% | +$4.49M |
|
367
JPMorgan Equity Premium Income ETF
JEPI
$45.6B
| $86.6M | 0.04% |
1,575,934
+20,076
| +1% | +$1.08M |
|
368
Edwards Lifesciences
EW
$49.1B
| $85.9M | 0.04% |
1,126,672
-170,150
| -13% | -$11.8M |
|
|
B
369
Barrick Mining
B
$59.9B
| $85.2M | 0.04% |
4,707,857
-532,192
| -10% | -$8.74M |
|
370
WEC Energy
WEC
$36.5B
| $84.7M | 0.04% |
1,006,523
-122,530
| -11% | -$10.1M |
|
371
Sunstone Hotel Investors
SHO
$2.2B
| $84.3M | 0.04% |
7,860,281
+89,211
| +1% | +$879K |
|
372
Capri Holdings
CPRI
$1.79B
| $83.9M | 0.04% |
1,669,441
+756,425
| +83% | +$37.7M |
|
373
Agnico Eagle Mines
AEM
$70.5B
| $83.8M | 0.04% |
1,527,995
-2,635,168
| -63% | -$132M |
|
374
MDU Resources
MDU
$4.19B
| $83.3M | 0.04% |
7,592,500
+65
| +0% | +$686 |
|
375
O'Reilly Automotive
ORLY
$75.4B
| $82.9M | 0.04% |
1,309,035
+24,480
| +2% | +$1.55M |
|
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.