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 | |
|---|---|---|---|---|---|---|
701
Sarepta Therapeutics
SRPT
$1.63B
| $20.7M | 0.01% |
214,266
-1,502
| -0.7% | -$144K |
|
702
Huntington Bancshares
HBAN
$35B
| $20.4M | 0.01% |
1,607,604
-70,604
| -4% | -$772K |
|
|
WCN
703
Waste Connections
WCN
$42.7B
| $20.3M | 0.01% |
136,232
-670,011
| -83% | -$92M |
|
704
First Citizens BancShares
FCNCA
$25B
| $20.3M | 0.01% |
14,331
+481
| +3% | +$675K |
|
705
Nutrien
NTR
$33.3B
| $20.2M | 0.01% |
357,801
-547,739
| -60% | -$31M |
|
706
HEICO Corp
HEI
$50.8B
| $20.1M | 0.01% |
112,614
-330,641
| -75% | -$56M |
|
707
CDW
CDW
$18.4B
| $20.1M | 0.01% |
88,346
+3,587
| +4% | +$760K |
|
708
Ocular Therapeutix
OCUL
$1.85B
| $20.1M | 0.01% |
+4,500,159
| New | +$13.3M |
|
709
Alexandria Real Estate Equities
ARE
$9.41B
| $20M | 0.01% |
157,995
+44,846
| +40% | +$4.83M |
|
710
Skyworks Solutions
SWKS
$9.73B
| $19.9M | 0.01% |
177,188
-8,985
| -5% | -$879K |
|
|
VZLA
711
Vizsla Silver
VZLA
$1.12B
| $19.9M | 0.01% |
15,606,000
-70,000
| -0.4% | -$76.2K |
|
712
iShares MSCI Emerging Markets ETF
EEM
$28B
| $19.8M | 0.01% |
493,504
-61,495
| -11% | -$2.37M |
|
713
Molina Healthcare
MOH
$10.5B
| $19.6M | 0.01% |
54,275
+15,582
| +40% | +$5.5M |
|
714
Amylyx Pharmaceuticals
AMLX
$2.17B
| $19.5M | 0.01% |
1,325,001
+707,134
| +114% | +$10.8M |
|
715
Kura Oncology
KURA
$826M
| $19.5M | 0.01% |
1,353,665
+130,710
| +11% | +$1.29M |
|
|
CMRC
716
Commerce.com Inc Series 1
CMRC
$264M
| $19.5M | 0.01% |
2,000,211
+282,380
| +16% | +$2.63M |
|
717
VeriSign
VRSN
$25.4B
| $19.4M | 0.01% |
94,422
-386
| -0.4% | -$80.4K |
|
718
Vanguard Large-Cap ETF
VV
$52B
| $19.4M | 0.01% |
88,960
| – | – |
|
719
T. Rowe Price
TROW
$26.1B
| $19.3M | 0.01% |
179,592
-1,054
| -0.6% | -$105K |
|
720
Silicon Laboratories
SLAB
$7.17B
| $19.3M | 0.01% |
145,629
-47
| -0% | -$5.14K |
|
721
Watsco Inc
WSO
$15.1B
| $19.2M | 0.01% |
44,737
+1,650
| +4% | +$639K |
|
722
Invesco Senior Loan ETF
BKLN
$6.97B
| $19.2M | 0.01% |
904,881
+104,000
| +13% | +$2.18M |
|
723
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $19.1M | 0.01% |
465,476
+38,501
| +9% | +$1.53M |
|
724
Williams-Sonoma
WSM
$27.8B
| $19.1M | 0.01% |
189,554
+71,790
| +61% | +$6.21M |
|
725
Nordson
NDSN
$16.9B
| $19.1M | 0.01% |
72,140
+2,002
| +3% | +$464K |
|
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.