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 | |
|---|---|---|---|---|---|---|
526
AT&T
T
$169B
| $42.5M | 0.02% |
2,534,346
+178,429
| +8% | +$2.82M |
|
|
RBCP
527
DELISTED
RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock
RBCP
| $42.3M | 0.02% |
326,108
| – | – |
|
528
German American Bancorp
GABC
$1.92B
| $42.3M | 0.02% |
1,305,881
+177,399
| +16% | +$5.18M |
|
529
Zurn Elkay Water Solutions
ZWS
$8.23B
| $42.2M | 0.02% |
1,435,181
-558,293
| -28% | -$15.8M |
|
530
Kratos Defense & Security Solutions
KTOS
$9.12B
| $42M | 0.02% |
2,069,582
+3,317
| +0.2% | +$61K |
|
531
Ashland
ASH
$3.11B
| $41.8M | 0.02% |
495,748
+363,328
| +274% | +$28.8M |
|
|
RVNC
532
DELISTED
Revance Therapeutics, Inc.
RVNC
| $41.7M | 0.02% |
4,749,539
+711,978
| +18% | +$5.83M |
|
|
MRNS
533
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $41.7M | 0.02% |
3,833,955
+49,589
| +1% | +$372K |
|
534
First Commonwealth Financial
FCF
$2.17B
| $41.6M | 0.02% |
2,697,502
+1,639,667
| +155% | +$21.9M |
|
535
Equifax
EFX
$22B
| $41.5M | 0.02% |
167,663
+157,152
| +1,495% | +$31.9M |
|
536
Evercore
EVR
$13.2B
| $41.4M | 0.02% |
242,059
-90,112
| -27% | -$13M |
|
537
Alibaba
BABA
$276B
| $41.3M | 0.02% |
532,668
+123,925
| +30% | +$9.87M |
|
538
Flywire
FLYW
$2.04B
| $41.3M | 0.02% |
1,783,297
+161,954
| +10% | +$4.08M |
|
539
Deckers Outdoor
DECK
$14.2B
| $40.8M | 0.02% |
366,258
+69,684
| +23% | +$7.08M |
|
540
PACCAR
PCAR
$72.7B
| $40.8M | 0.02% |
417,580
+195,363
| +88% | +$17.5M |
|
541
Steel Dynamics
STLD
$37.5B
| $40.7M | 0.02% |
344,569
+37,033
| +12% | +$4.13M |
|
542
VICI Properties
VICI
$29.8B
| $40.2M | 0.02% |
1,259,615
-6,379
| -0.5% | -$187K |
|
543
Logitech
LOGI
$16B
| $40M | 0.02% |
420,847
-9,854
| -2% | -$809K |
|
544
Franklin FTSE Taiwan ETF
FLTW
$2.58B
| $39.9M | 0.02% |
965,000
-75,000
| -7% | -$2.87M |
|
|
KRTX
545
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $39.7M | 0.02% |
125,488
-77,663
| -38% | -$15.1M |
|
546
Cardinal Health
CAH
$54.5B
| $39.7M | 0.02% |
393,728
+36,205
| +10% | +$3.59M |
|
547
Vanguard Value ETF
VTV
$190B
| $39.6M | 0.02% |
264,901
-37,763
| -12% | -$5.31M |
|
548
Targa Resources
TRGP
$56.2B
| $39.5M | 0.02% |
454,796
+6,952
| +2% | +$597K |
|
549
Apollo Global Management
APO
$71.9B
| $39.5M | 0.02% |
423,504
-46,733
| -10% | -$4.13M |
|
550
PTC Therapeutics
PTCT
$6.25B
| $39.3M | 0.02% |
1,426,378
-630,855
| -31% | -$14.4M |
|
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.