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 | |
|---|---|---|---|---|---|---|
601
CF Industries
CF
$18.9B
| $31.4M | 0.01% |
394,403
+121,272
| +44% | +$9.65M |
|
602
Canadian Imperial Bank of Commerce
CM
$109B
| $31.3M | 0.01% |
649,089
-851,892
| -57% | -$34.1M |
|
603
Privia Health
PRVA
$3.13B
| $31.2M | 0.01% |
1,352,747
+1,504
| +0.1% | +$33.7K |
|
604
GFL Environmental
GFL
$14.1B
| $31.1M | 0.01% |
901,729
-240,806
| -21% | -$7.33M |
|
605
Sysco
SYY
$40.7B
| $31M | 0.01% |
424,407
+93,628
| +28% | +$6.46M |
|
606
CAVA Group
CAVA
$7.57B
| $30.7M | 0.01% |
715,325
+127,146
| +22% | +$4.43M |
|
607
Lennar Class A
LEN
$21.1B
| $30.7M | 0.01% |
212,445
-6,569
| -3% | -$791K |
|
608
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.77B
| $30.6M | 0.01% |
1,209,066
+666
| +0.1% | +$16.3K |
|
609
Apogee Therapeutics
APGE
$10.1B
| $30.4M | 0.01% |
1,089,780
+92,423
| +9% | +$1.85M |
|
610
Brookfield
BN
$104B
| $30.2M | 0.01% |
1,127,744
-4,258,300
| -79% | -$96.7M |
|
611
FIGS
FIGS
$1.73B
| $29.7M | 0.01% |
4,273,767
-55,444
| -1% | -$367K |
|
|
HLVX
612
DELISTED
HilleVax
HLVX
| $29.6M | 0.01% |
1,846,396
+71,938
| +4% | +$956K |
|
613
10x Genomics
TXG
$5.97B
| $29.5M | 0.01% |
527,577
-97,803
| -16% | -$4.26M |
|
614
Boot Barn
BOOT
$4.81B
| $29.4M | 0.01% |
383,562
+2,270
| +0.6% | +$171K |
|
615
Syndax Pharmaceuticals
SNDX
$1.74B
| $29.2M | 0.01% |
+1,352,905
| New | +$20.8M |
|
616
Welltower
WELL
$172B
| $29.2M | 0.01% |
324,129
-14,872
| -4% | -$1.29M |
|
617
BioMarin Pharmaceuticals
BMRN
$12B
| $29.1M | 0.01% |
301,764
-264,478
| -47% | -$23.4M |
|
618
iShares MSCI ACWI ex US ETF
ACWX
$11.3B
| $28.9M | 0.01% |
566,902
+6,564
| +1% | +$316K |
|
619
Alnylam Pharmaceuticals
ALNY
$38.5B
| $28.9M | 0.01% |
150,928
+634
| +0.4% | +$108K |
|
620
Steven Madden
SHOO
$3.22B
| $28.8M | 0.01% |
685,679
-242
| -0% | -$8.79K |
|
621
3M
MMM
$94.1B
| $28.7M | 0.01% |
314,049
-309,285
| -50% | -$24.8M |
|
622
Synchrony
SYF
$25.1B
| $28.7M | 0.01% |
751,374
-2,793
| -0.4% | -$88.4K |
|
623
Jabil
JBL
$31.7B
| $28.6M | 0.01% |
224,697
+42,696
| +23% | +$5.44M |
|
624
Pliant Therapeutics
PLRX
$66.3M
| $28.6M | 0.01% |
1,579,572
+62,173
| +4% | +$945K |
|
|
PXD
625
DELISTED
Pioneer Natural Resource Co.
PXD
| $28.5M | 0.01% |
126,538
-1,322
| -1% | -$310K |
|
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.