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 | |
|---|---|---|---|---|---|---|
626
Trade Desk
TTD
$8.89B
| $28.3M | 0.01% |
393,907
+53,441
| +16% | +$3.93M |
|
627
CSX Corp
CSX
$94.2B
| $27.9M | 0.01% |
804,630
-90,487
| -10% | -$2.88M |
|
|
HCP
628
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $27.8M | 0.01% |
1,176,891
+849
| +0.1% | +$18.4K |
|
629
Keros Therapeutics
KROS
$199M
| $27.8M | 0.01% |
699,425
+226,674
| +48% | +$7.11M |
|
630
Blue Owl Capital
OWL
$6.63B
| $27.8M | 0.01% |
1,865,492
+1,146,734
| +160% | +$15.4M |
|
631
Commercial Metals
CMC
$7.8B
| $27.8M | 0.01% |
555,038
+4,994
| +0.9% | +$228K |
|
632
Vanguard Growth ETF
VUG
$216B
| $27.6M | 0.01% |
532,170
+115,470
| +28% | +$5.57M |
|
633
Celsius Holdings
CELH
$7.53B
| $27.5M | 0.01% |
504,623
+155,567
| +45% | +$8.3M |
|
634
Franklin Resources
BEN
$17.3B
| $27.3M | 0.01% |
917,963
+78,175
| +9% | +$1.94M |
|
635
Ameriprise Financial
AMP
$48.3B
| $27.2M | 0.01% |
71,493
-1,219
| -2% | -$418K |
|
636
Keurig Dr Pepper
KDP
$42.3B
| $27.1M | 0.01% |
813,578
+698,665
| +608% | +$21.8M |
|
637
Copart
CPRT
$28.4B
| $27.1M | 0.01% |
552,653
+9,331
| +2% | +$441K |
|
638
Franklin FTSE United Kingdom ETF
FLGB
$900M
| $27M | 0.01% |
1,075,192
-3,000,000
| -74% | -$72.3M |
|
639
Mirum Pharmaceuticals
MIRM
$6.84B
| $27M | 0.01% |
913,068
+168,446
| +23% | +$5.1M |
|
640
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.42B
| $26.9M | 0.01% |
633,873
+47,773
| +8% | +$1.9M |
|
641
Kennametal
KMT
$2.71B
| $26.6M | 0.01% |
1,029,950
-2,156
| -0.2% | -$52K |
|
642
Snap-on
SNA
$21.7B
| $26.5M | 0.01% |
91,726
+4,652
| +5% | +$1.26M |
|
643
PayPal
PYPL
$51.4B
| $26.4M | 0.01% |
429,954
+285,847
| +198% | +$16.4M |
|
644
Meritage Homes
MTH
$4.89B
| $26.1M | 0.01% |
299,866
+112,936
| +60% | +$7.79M |
|
645
UBS Group
UBS
$171B
| $26.1M | 0.01% |
840,487
+366,082
| +77% | +$9.63M |
|
646
Devon Energy
DVN
$49.2B
| $26.1M | 0.01% |
575,920
-172,394
| -23% | -$7.89M |
|
647
Vanguard FTSE Developed Markets ETF
VEA
$225B
| $26M | 0.01% |
543,834
-43,679
| -7% | -$1.96M |
|
|
ORLA
648
Orla Mining
ORLA
$3.42B
| $26M | 0.01% |
7,972,555
+475,000
| +6% | +$1.49M |
|
|
TPH
649
DELISTED
Tri Pointe Homes
TPH
| $25.8M | 0.01% |
728,966
-341,278
| -32% | -$9.91M |
|
650
Packaging Corp of America
PKG
$22.6B
| $25.7M | 0.01% |
157,739
+11,932
| +8% | +$1.88M |
|
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.