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 | |
|---|---|---|---|---|---|---|
551
Boyd Gaming
BYD
$6.78B
| $39.3M | 0.02% |
627,542
+105,142
| +20% | +$6.23M |
|
552
iShares Russell 3000 ETF
IWV
$19.5B
| $39.2M | 0.02% |
143,261
+4,379
| +3% | +$1.12M |
|
553
Paymentus
PAY
$4.29B
| $39.1M | 0.02% |
2,189,578
-1,066,892
| -33% | -$17.4M |
|
554
FedEx
FDX
$74B
| $38.9M | 0.02% |
153,907
+42,844
| +39% | +$10.9M |
|
|
PYCR
555
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $38.9M | 0.02% |
1,801,872
-5,756
| -0.3% | -$125K |
|
|
HES
556
DELISTED
Hess
HES
| $38.4M | 0.02% |
266,365
-139,006
| -34% | -$20.4M |
|
557
Klaviyo
KVYO
$5.65B
| $38.4M | 0.02% |
1,380,515
+673,929
| +95% | +$19.9M |
|
|
BNY
558
Bank of New York Mellon
BNY
$106B
| $38.1M | 0.02% |
731,241
+159,698
| +28% | +$7.36M |
|
559
Houlihan Lokey
HLI
$10.2B
| $37.9M | 0.02% |
315,948
-169,623
| -35% | -$18.4M |
|
560
AvalonBay Communities
AVB
$27.2B
| $37.8M | 0.02% |
202,067
+22,892
| +13% | +$3.99M |
|
561
Franklin US Core Dividend Tilt Index ETF
UDIV
$137M
| $37.8M | 0.02% |
1,023,540
+1,001,015
| +4,444% | +$34.5M |
|
562
Ventas
VTR
$47.7B
| $37.6M | 0.02% |
754,662
+510,718
| +209% | +$22.9M |
|
563
Builders FirstSource
BLDR
$7.93B
| $37.5M | 0.02% |
224,403
+11,060
| +5% | +$1.47M |
|
564
Texas Roadhouse
TXRH
$13.5B
| $37.3M | 0.02% |
305,488
+5,185
| +2% | +$554K |
|
565
CME Group
CME
$93.5B
| $37.3M | 0.02% |
176,892
+136,905
| +342% | +$29.2M |
|
566
Sonos
SONO
$2B
| $37.2M | 0.02% |
2,171,461
-3,034,031
| -58% | -$40.9M |
|
567
Guardant Health
GH
$19B
| $37M | 0.02% |
1,369,009
+131,646
| +11% | +$3.45M |
|
568
Expeditors International
EXPD
$22.4B
| $36.8M | 0.02% |
289,093
+28,808
| +11% | +$3.4M |
|
569
SSR Mining
SSRM
$5.27B
| $36.5M | 0.02% |
3,397,212
+18,503
| +0.5% | +$225K |
|
570
Terreno Realty
TRNO
$7.72B
| $36.3M | 0.02% |
578,692
+69,873
| +14% | +$3.98M |
|
571
Oceaneering
OII
$4.78B
| $36.1M | 0.02% |
1,696,601
+19,966
| +1% | +$442K |
|
572
Nu Holdings
NU
$70.9B
| $35.9M | 0.02% |
4,309,900
+10,858
| +0.3% | +$87.8K |
|
573
Olin
OLN
$2.44B
| $35.8M | 0.02% |
663,202
+267,460
| +68% | +$12.8M |
|
574
TC Energy
TRP
$70.5B
| $35.7M | 0.02% |
912,737
-28,648
| -3% | -$1.04M |
|
|
FBRT
575
Franklin BSP Realty Trust
FBRT
$596M
| $35.1M | 0.02% |
2,597,586
-98
| -0% | -$1.29K |
|
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.