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 | |
|---|---|---|---|---|---|---|
476
Rexford Industrial Realty
REXR
$8.64B
| $51.2M | 0.02% |
912,777
-8,553
| -0.9% | -$419K |
|
477
Church & Dwight Co
CHD
$23.7B
| $51.1M | 0.02% |
540,701
+2,079
| +0.4% | +$190K |
|
478
Repligen
RGEN
$7.11B
| $51.1M | 0.02% |
284,062
-249,685
| -47% | -$38.9M |
|
479
Liberty Energy
LBRT
$2.89B
| $50.8M | 0.02% |
2,797,823
-679,196
| -20% | -$12.9M |
|
480
iShares Gold Trust
IAU
$62.5B
| $50.5M | 0.02% |
1,293,923
-164,853
| -11% | -$6.17M |
|
481
Berkshire Hathaway Class A
BRK.A
$1.1T
| $50.5M | 0.02% |
93
-1
| -1% | -$534K |
|
482
iShares MSCI EAFE ETF
EFA
$76.8B
| $49.8M | 0.02% |
660,914
-50,613
| -7% | -$3.58M |
|
483
Duolingo
DUOL
$6.56B
| $49.7M | 0.02% |
219,058
+81,926
| +60% | +$15.9M |
|
484
Colliers International
CIGI
$5.31B
| $49.7M | 0.02% |
392,630
-125,462
| -24% | -$12.9M |
|
485
Constellation Energy
CEG
$92.8B
| $49.5M | 0.02% |
423,636
-128,971
| -23% | -$15.1M |
|
486
First Solar
FSLR
$21.8B
| $49.3M | 0.02% |
286,036
-45,598
| -14% | -$6.97M |
|
487
CAE Inc. Common Shares
CAE
$8.48B
| $49M | 0.02% |
2,268,161
-1,099,492
| -33% | -$23.5M |
|
488
Scotiabank
BNS
$108B
| $48.9M | 0.02% |
1,003,657
-2,134,044
| -68% | -$93.9M |
|
489
AES
AES
$10.6B
| $48.8M | 0.02% |
2,537,027
-464,927
| -15% | -$7.56M |
|
490
Nucor
NUE
$60.5B
| $48.8M | 0.02% |
280,534
+2,301
| +0.8% | +$365K |
|
491
Enbridge
ENB
$121B
| $48.4M | 0.02% |
1,343,948
-2,865,710
| -68% | -$96.6M |
|
492
Vanguard Russell 2000 ETF
VTWO
$17.5B
| $48.4M | 0.02% |
596,265
+6,685
| +1% | +$484K |
|
493
Match Group
MTCH
$9.16B
| $48.3M | 0.02% |
1,323,495
+1,210
| +0.1% | +$40.9K |
|
494
United Rentals
URI
$67.9B
| $47.8M | 0.02% |
83,344
+5,526
| +7% | +$2.61M |
|
495
iShares MBS ETF
MBB
$39.2B
| $47.4M | 0.02% |
503,504
+242,383
| +93% | +$21.7M |
|
496
Simply Good Foods
SMPL
$941M
| $47.2M | 0.02% |
1,193,131
+200
| +0% | +$7.47K |
|
497
eBay
EBAY
$52.1B
| $47.2M | 0.02% |
1,082,957
-175,472
| -14% | -$7.26M |
|
|
AZPN
498
DELISTED
Aspen Technology Inc
AZPN
| $47.1M | 0.02% |
213,822
+362
| +0.2% | +$69.7K |
|
499
Burlington
BURL
$23.3B
| $46.8M | 0.02% |
240,683
+16,497
| +7% | +$2.46M |
|
500
ICICI Bank
IBN
$109B
| $46.8M | 0.02% |
1,961,738
-5,375
| -0.3% | -$124K |
|
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.