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 | |
|---|---|---|---|---|---|---|
401
Five Below
FIVE
$11.5B
| $71.3M | 0.03% |
334,640
+12,944
| +4% | +$2.38M |
|
402
Paycom
PAYC
$7.54B
| $70.9M | 0.03% |
343,085
-851,225
| -71% | -$180M |
|
403
Phillips 66
PSX
$82.5B
| $70.9M | 0.03% |
532,663
-1,335
| -0.3% | -$160K |
|
404
Alamos Gold
AGI
$12.1B
| $70.1M | 0.03% |
5,205,742
-942,907
| -15% | -$12.3M |
|
|
ALEX
405
DELISTED
Alexander & Baldwin
ALEX
| $70M | 0.03% |
3,678,993
+39,942
| +1% | +$675K |
|
406
Descartes Systems
DSGX
$6.48B
| $69.3M | 0.03% |
824,690
-442,117
| -35% | -$34.5M |
|
407
TransDigm Group
TDG
$73.2B
| $68.9M | 0.03% |
68,140
-9,683
| -12% | -$8.93M |
|
408
NorthWestern Energy
NWE
$4.45B
| $68.9M | 0.03% |
1,354,479
-4,884
| -0.4% | -$244K |
|
409
Coherent
COHR
$47.6B
| $68.2M | 0.03% |
1,567,591
+1,080,366
| +222% | +$38.9M |
|
410
Franklin Senior Loan ETF
FLBL
$852M
| $68M | 0.03% |
2,797,611
+218,022
| +8% | +$5.24M |
|
411
Vaxcyte
PCVX
$7.88B
| $67.6M | 0.03% |
1,076,920
+120,985
| +13% | +$6.28M |
|
412
iShares Core US Aggregate Bond ETF
AGG
$138B
| $67.5M | 0.03% |
680,549
+65,710
| +11% | +$6.25M |
|
413
Kforce
KFRC
$1.04B
| $67.5M | 0.03% |
999,557
+40,527
| +4% | +$2.58M |
|
414
Herc Holdings
HRI
$4.95B
| $67.3M | 0.03% |
451,930
-256,108
| -36% | -$31.3M |
|
415
Fidelity National Information Services
FIS
$23.2B
| $67.2M | 0.03% |
1,118,848
-65,489
| -6% | -$3.59M |
|
416
argenx
ARGX
$54.6B
| $66.3M | 0.03% |
174,226
-8,442
| -5% | -$3.93M |
|
417
Royal Bank of Canada
RY
$295B
| $65.8M | 0.03% |
650,597
-1,804,258
| -73% | -$159M |
|
418
TriCo Bancshares
TCBK
$1.85B
| $65.6M | 0.03% |
1,526,919
+86,141
| +6% | +$3.09M |
|
419
OGE Energy
OGE
$10.2B
| $65.4M | 0.03% |
1,873,306
+59,329
| +3% | +$2.05M |
|
420
Benchmark Electronics
BHE
$2.76B
| $65M | 0.03% |
2,351,157
+42,570
| +2% | +$1.07M |
|
421
Brinker International
EAT
$8.5B
| $64.9M | 0.03% |
1,503,198
+296,785
| +25% | +$10.7M |
|
422
Citizens Financial Group
CFG
$30.8B
| $64.8M | 0.03% |
1,955,230
+1,105,011
| +130% | +$30.4M |
|
423
Toronto Dominion Bank
TD
$199B
| $64.1M | 0.03% |
992,099
-2,750,483
| -73% | -$165M |
|
|
CFLT
424
DELISTED
Confluent
CFLT
| $64M | 0.03% |
2,736,390
+2,263
| +0.1% | +$54.7K |
|
425
Arcosa
ACA
$7.13B
| $63.8M | 0.03% |
772,103
-65
| -0% | -$4.77K |
|
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.