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 | |
|---|---|---|---|---|---|---|
676
Diageo
DEO
$49.4B
| $23.2M | 0.01% |
158,945
-8,346
| -5% | -$1.23M |
|
677
RPM International
RPM
$14.3B
| $23M | 0.01% |
205,774
+10,836
| +6% | +$1.09M |
|
678
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
| $22.9M | 0.01% |
455,732
+3,399
| +0.8% | +$171K |
|
679
Reliance Steel & Aluminium
RS
$21.2B
| $22.8M | 0.01% |
81,405
+22,396
| +38% | +$5.95M |
|
680
Wynn Resorts
WYNN
$10.3B
| $22.7M | 0.01% |
249,455
-10,418
| -4% | -$924K |
|
681
Immunovant
IMVT
$7.99B
| $22.7M | 0.01% |
+539,097
| New | +$19.8M |
|
682
Credicorp
BAP
$30.9B
| $22.6M | 0.01% |
150,550
-1,529
| -1% | -$198K |
|
683
Black Hills Corp
BKH
$5.69B
| $22.5M | 0.01% |
417,597
-1,364
| -0.3% | -$69.9K |
|
684
Arch Capital
ACGL
$37.2B
| $22.5M | 0.01% |
303,149
-114
| -0% | -$9.32K |
|
685
ARS Pharmaceuticals
SPRY
$563M
| $22.5M | 0.01% |
4,098,497
+229,988
| +6% | +$1.01M |
|
686
Taylor Morrison
TMHC
| $22.3M | 0.01% |
418,851
+281,017
| +204% | +$12.6M |
|
687
Alaska Air
ALK
$5.42B
| $22.3M | 0.01% |
571,589
+558,291
| +4,198% | +$19.9M |
|
688
Robert Half
RHI
$4.04B
| $22.3M | 0.01% |
253,968
+66,049
| +35% | +$5.25M |
|
|
CGAU
689
Centerra Gold
CGAU
$3.19B
| $22.3M | 0.01% |
3,736,329
-101,756
| -3% | -$558K |
|
690
Vanguard S&P 500 ETF
VOO
$971B
| $22.1M | 0.01% |
50,668
-1,338
| -3% | -$548K |
|
691
Structure Therapeutics
GPCR
$3.4B
| $22.1M | 0.01% |
542,323
+291,503
| +116% | +$16.7M |
|
692
KB Financial Group
KB
$40.6B
| $21.9M | 0.01% |
529,547
-71,356
| -12% | -$2.89M |
|
693
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $21.9M | 0.01% |
186,727
+57,727
| +45% | +$6.59M |
|
694
Pebblebrook Hotel Trust
PEB
$2.2B
| $21.6M | 0.01% |
1,353,058
-2,788
| -0.2% | -$37.1K |
|
695
Wheaton Precious Metals
WPM
$49.8B
| $21.6M | 0.01% |
438,173
-15,824
| -3% | -$716K |
|
696
Royal Caribbean
RCL
$86.5B
| $21.6M | 0.01% |
166,632
+17,815
| +12% | +$1.82M |
|
697
Omnicom Group
OMC
$24.6B
| $21.4M | 0.01% |
247,747
-17,861
| -7% | -$1.41M |
|
698
Portillo's
PTLO
$339M
| $21.3M | 0.01% |
1,336,147
+413
| +0% | +$6.38K |
|
699
Weyerhaeuser
WY
$17.7B
| $21.1M | 0.01% |
607,076
-207,511
| -25% | -$6.46M |
|
700
Wolfspeed
WOLF
$1.14B
| $20.9M | 0.01% |
481,047
-241,465
| -33% | -$8.76M |
|
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.