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 | |
|---|---|---|---|---|---|---|
576
LegalZoom.com
LZ
$1.39B
| $34.4M | 0.02% |
3,042,651
-1,171
| -0% | -$12.7K |
|
577
Phreesia
PHR
$671M
| $34.4M | 0.02% |
1,484,663
+193,480
| +15% | +$3.34M |
|
578
SPS Commerce
SPSC
$2.51B
| $34.2M | 0.02% |
176,400
-1,195
| -0.7% | -$208K |
|
|
MRSH
579
Marsh
MRSH
$91.7B
| $33.9M | 0.02% |
179,161
+21,392
| +14% | +$4.13M |
|
580
Idacorp
IDA
$8.24B
| $33.9M | 0.02% |
344,823
+41,168
| +14% | +$3.99M |
|
581
State Street
STT
$50.2B
| $33.8M | 0.02% |
437,076
+109,025
| +33% | +$7.6M |
|
582
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $33.7M | 0.02% |
435,590
-10,887
| -2% | -$825K |
|
583
Avantor
AVTR
$8.48B
| $33.7M | 0.02% |
1,476,186
+11,592
| +0.8% | +$237K |
|
584
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.2B
| $33.7M | 0.02% |
544,045
-81,652
| -13% | -$4.66M |
|
585
Shoals Technologies Group
SHLS
$1.43B
| $33.6M | 0.02% |
2,161,034
+253,386
| +13% | +$3.83M |
|
586
Cullinan Oncology
CGEM
$1.07B
| $33.4M | 0.02% |
3,281,280
+390,505
| +14% | +$3.46M |
|
587
General Mills
GIS
$20.1B
| $33.4M | 0.02% |
512,448
-76,281
| -13% | -$4.92M |
|
588
Alkami Technology
ALKT
$1.94B
| $33.2M | 0.02% |
1,367,912
-338,185
| -20% | -$7.05M |
|
589
Lithia Motors
LAD
$8.17B
| $33.1M | 0.02% |
100,664
+25,523
| +34% | +$7M |
|
590
Pinnacle Financial Partners Inc
PNFP
$15.9B
| $33M | 0.02% |
378,292
-45,239
| -11% | -$3.28M |
|
591
B2Gold
BTG
$5.12B
| $33M | 0.02% |
10,430,217
+850,725
| +9% | +$2.68M |
|
592
Cencora
COR
$62.2B
| $32.6M | 0.02% |
159,002
-23,216
| -13% | -$4.53M |
|
593
Atlantic Union Bankshares
AUB
$6.11B
| $32.6M | 0.02% |
892,883
+261,825
| +41% | +$8.24M |
|
594
Rocket Pharmaceuticals
RCKT
$343M
| $32.2M | 0.02% |
1,072,910
+405,855
| +61% | +$8.96M |
|
595
Certara
CERT
$1.23B
| $32M | 0.02% |
1,820,864
+138,682
| +8% | +$2.03M |
|
596
Zoetis
ZTS
$32.5B
| $31.9M | 0.01% |
161,489
+13,236
| +9% | +$2.34M |
|
|
RYZB
597
DELISTED
RayzeBio, Inc. Common Stock
RYZB
| $31.8M | 0.01% |
511,401
-321,932
| -39% | -$8M |
|
598
Franklin Short Duration US Government ETF
FTSD
$300M
| $31.8M | 0.01% |
353,063
-58,401
| -14% | -$5.22M |
|
599
Huntsman Corp
HUN
$2B
| $31.6M | 0.01% |
1,258,188
+84,462
| +7% | +$2.05M |
|
600
Bank of Montreal
BMO
$127B
| $31.4M | 0.01% |
317,521
-815,325
| -72% | -$68.1M |
|
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.