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 | |
|---|---|---|---|---|---|---|
376
Teleflex
TFX
$5.94B
| $82.5M | 0.04% |
330,860
+52
| +0% | +$11.1K |
|
377
MakeMyTrip
MMYT
$5.05B
| $82.4M | 0.04% |
1,753,150
-42,548
| -2% | -$1.79M |
|
378
Brown-Forman Class B
BF.B
$13.3B
| $82M | 0.04% |
1,435,984
+2,256
| +0.2% | +$129K |
|
379
Deutsche Bank
DB
$67.6B
| $81.9M | 0.04% |
5,999,429
+648,738
| +12% | +$7.64M |
|
380
Primoris Services
PRIM
$4.28B
| $81.5M | 0.04% |
2,453,980
-466,875
| -16% | -$14.6M |
|
381
Pinnacle West Capital
PNW
$12.8B
| $80.6M | 0.04% |
1,122,142
-56,241
| -5% | -$4.13M |
|
382
Louisiana-Pacific
LPX
$5.35B
| $80.5M | 0.04% |
1,136,025
+103,249
| +10% | +$6.17M |
|
383
Simon Property Group
SPG
$76.8B
| $80.4M | 0.04% |
563,825
+323,168
| +134% | +$39.1M |
|
384
Green Plains
GPRE
$1.15B
| $80.3M | 0.04% |
3,185,360
-1,129,718
| -26% | -$29.9M |
|
385
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $79.9M | 0.04% |
1,535,771
+15,743
| +1% | +$778K |
|
386
Labcorp
LH
$25.8B
| $79.7M | 0.04% |
350,572
+5,643
| +2% | +$1.19M |
|
387
Stellantis
STLA
$16.7B
| $79M | 0.04% |
3,370,160
-198,924
| -6% | -$4.11M |
|
388
Valero Energy
VLO
$88.7B
| $77.8M | 0.04% |
598,764
+112,178
| +23% | +$14.3M |
|
389
US Bancorp
USB
$100B
| $77.4M | 0.04% |
1,787,736
-3,138,681
| -64% | -$115M |
|
|
CBAY
390
DELISTED
Cymabay Therapeutics
CBAY
| $77.2M | 0.04% |
3,267,927
-39,988
| -1% | -$712K |
|
391
GE Aerospace
GE
$377B
| $76.8M | 0.04% |
754,431
+90,623
| +14% | +$8.4M |
|
392
Owens Corning
OC
$11.5B
| $76.4M | 0.04% |
515,262
+32,436
| +7% | +$4.3M |
|
393
Vanguard Dividend Appreciation ETF
VIG
$113B
| $76.3M | 0.04% |
447,663
-7,121
| -2% | -$1.15M |
|
394
Newmont
NEM
$96.4B
| $75.9M | 0.04% |
1,833,933
-3,882,156
| -68% | -$150M |
|
395
Darden Restaurants
DRI
$23.7B
| $74.9M | 0.04% |
456,168
+94,528
| +26% | +$14.3M |
|
396
Freshworks
FRSH
$3.09B
| $74.6M | 0.03% |
3,175,334
+193,708
| +6% | +$3.83M |
|
397
M/I Homes
MHO
$3.89B
| $73.5M | 0.03% |
533,611
-54,304
| -9% | -$5.43M |
|
|
DQ
398
Daqo New Energy
DQ
$802M
| $72.6M | 0.03% |
2,728,399
+53,860
| +2% | +$1.37M |
|
|
NEE.PRR
399
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
| $72.3M | 0.03% |
1,897,442
+210,209
| +12% | +$7.75M |
|
400
McKesson
MCK
$104B
| $72.3M | 0.03% |
156,181
+42,813
| +38% | +$19.5M |
|
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.