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 | |
|---|---|---|---|---|---|---|
451
AAR Corp
AIR
$5.62B
| $56.8M | 0.03% |
910,525
-21,259
| -2% | -$1.36M |
|
452
iShares Russell Mid-Cap ETF
IWR
$56.5B
| $56.8M | 0.03% |
730,119
-16,906
| -2% | -$1.2M |
|
|
NVO
453
Novo Nordisk
NVO
$225B
| $56.4M | 0.03% |
545,118
-2,320
| -0.4% | -$229K |
|
454
Public Storage
PSA
$61.7B
| $56.3M | 0.03% |
184,580
-76,860
| -29% | -$20.4M |
|
455
LCI Industries
LCII
$2.62B
| $56.1M | 0.03% |
446,106
-172,890
| -28% | -$19.9M |
|
456
Emerson Electric
EMR
$85B
| $55.8M | 0.03% |
573,239
+2,999
| +0.5% | +$275K |
|
457
Piper Sandler
PIPR
$5.24B
| $55.4M | 0.03% |
1,267,572
+20,356
| +2% | +$774K |
|
458
Cytokinetics
CYTK
$10.8B
| $55.2M | 0.03% |
660,682
-470,406
| -42% | -$17M |
|
459
Vontier
VNT
$4.62B
| $54.8M | 0.03% |
1,584,818
+96,127
| +6% | +$3.13M |
|
460
Red Rock Resorts
RRR
$3.87B
| $54.4M | 0.03% |
1,019,614
+74,566
| +8% | +$3.31M |
|
|
SKX
461
DELISTED
Skechers
SKX
| $54.1M | 0.03% |
867,116
-10,935
| -1% | -$589K |
|
462
Mid-America Apartment Communities
MAA
$15.8B
| $53.7M | 0.03% |
399,039
+68,412
| +21% | +$8.7M |
|
463
Matador Resources
MTDR
$5.73B
| $53.4M | 0.02% |
938,321
-96,887
| -9% | -$5.67M |
|
464
L3Harris
LHX
$56.9B
| $53M | 0.02% |
251,757
+32,362
| +15% | +$6.07M |
|
465
Cigna
CI
$79.6B
| $52.8M | 0.02% |
176,453
+64,912
| +58% | +$19M |
|
466
F5
FFIV
$22.9B
| $52.6M | 0.02% |
294,039
-342,230
| -54% | -$55.8M |
|
467
Illumina
ILMN
$29.2B
| $52.6M | 0.02% |
388,488
-632,734
| -62% | -$73M |
|
468
EPAM Systems
EPAM
$5.25B
| $52.5M | 0.02% |
176,458
+76,427
| +76% | +$19.4M |
|
469
Essential Utilities
WTRG
$11.5B
| $52.5M | 0.02% |
1,404,415
-939,125
| -40% | -$32.8M |
|
|
SEE
470
DELISTED
Sealed Air
SEE
| $52.1M | 0.02% |
1,427,854
-10,158
| -0.7% | -$333K |
|
471
LiveRamp
RAMP
$2.29B
| $52.1M | 0.02% |
1,374,910
-1,736
| -0.1% | -$55.8K |
|
472
SolarEdge
SEDG
$2.44B
| $52M | 0.02% |
555,796
+293,588
| +112% | +$26.7M |
|
|
MRUS
473
DELISTED
Merus
MRUS
| $51.8M | 0.02% |
1,883,091
-8,835
| -0.5% | -$206K |
|
474
HNI Corp
HNI
$3.17B
| $51.7M | 0.02% |
1,237,003
+206,419
| +20% | +$7.86M |
|
475
Allegiant Air
ALGT
$2.73B
| $51.2M | 0.02% |
620,180
+82,813
| +15% | +$5.98M |
|
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.