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 | |
|---|---|---|---|---|---|---|
426
Procore
PCOR
$7.37B
| $63.5M | 0.03% |
917,061
-209,928
| -19% | -$12.9M |
|
427
Digital Realty Trust
DLR
$71.5B
| $63.2M | 0.03% |
469,555
+22,915
| +5% | +$2.96M |
|
428
Kroger
KR
$36.3B
| $63.1M | 0.03% |
1,380,764
+261,368
| +23% | +$11.6M |
|
429
BrandywineGLOBAL Dynamic US Large Cap Value ETF
DVAL
$72.3M
| $63.1M | 0.03% |
5,128,019
+305,827
| +6% | +$3.59M |
|
430
Consolidated Edison
ED
$41.3B
| $62.9M | 0.03% |
691,120
-566,707
| -45% | -$50.6M |
|
431
Pinduoduo
PDD
$122B
| $62.7M | 0.03% |
428,624
+229,767
| +116% | +$27.9M |
|
432
OneSpaWorld
OSW
$2.82B
| $62.1M | 0.03% |
4,401,718
-148,545
| -3% | -$1.73M |
|
|
DAWN
433
DELISTED
Day One Biopharmaceuticals
DAWN
| $61.9M | 0.03% |
4,236,795
+169,463
| +4% | +$2.05M |
|
434
Waste Management
WM
$96.1B
| $61.6M | 0.03% |
343,694
+9,683
| +3% | +$1.62M |
|
435
Chubb
CB
$141B
| $61.4M | 0.03% |
271,463
+1,795
| +0.7% | +$393K |
|
436
Peoples Bancorp
PEBO
$1.52B
| $61.3M | 0.03% |
1,815,196
+213,264
| +13% | +$6.21M |
|
437
LPL Financial
LPLA
$27.4B
| $61.3M | 0.03% |
269,126
-817
| -0.3% | -$184K |
|
438
Brunswick
BC
$5.33B
| $61.2M | 0.03% |
632,832
+72,131
| +13% | +$5.73M |
|
439
Atmus Filtration Technologies
ATMU
$4.45B
| $61.1M | 0.03% |
2,602,746
+29,568
| +1% | +$634K |
|
440
Banco Santander Chile
BSAC
$16B
| $61M | 0.03% |
3,131,585
-38,119
| -1% | -$706K |
|
441
ODDITY Tech
ODD
$784M
| $59.5M | 0.03% |
1,279,002
+171,652
| +16% | +$5.81M |
|
|
DOOR
442
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $59.5M | 0.03% |
702,613
-530,600
| -43% | -$45.9M |
|
443
Yum China
YUMC
$15.6B
| $59.1M | 0.03% |
1,391,432
+125,452
| +10% | +$5.84M |
|
444
Intercorp Financial Services
IFS
$6.44B
| $58.9M | 0.03% |
2,684,671
-58,200
| -2% | -$1.15M |
|
445
Seacoast Banking Corp of Florida
SBCF
$3.27B
| $58.3M | 0.03% |
2,047,145
+349,147
| +21% | +$8.21M |
|
446
Equity Lifestyle Properties
ELS
$12.8B
| $58.2M | 0.03% |
824,681
-57,769
| -7% | -$3.93M |
|
447
lululemon athletica
LULU
$13.7B
| $58M | 0.03% |
113,446
+14,353
| +14% | +$6.2M |
|
448
Delta Air Lines
DAL
$58.8B
| $58M | 0.03% |
1,440,744
+39,190
| +3% | +$1.42M |
|
449
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $57.5M | 0.03% |
1,210,182
-100,200
| -8% | -$4.75M |
|
450
Penumbra
PEN
$12.6B
| $56.9M | 0.03% |
226,187
-65,888
| -23% | -$14.6M |
|
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.