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 | |
|---|---|---|---|---|---|---|
751
Eldorado Gold
EGO
$8.4B
| $16.8M | 0.01% |
1,295,988
-435,432
| -25% | -$4.9M |
|
752
NCR Atleos
NATL
$3.47B
| $16.7M | 0.01% |
+687,609
| New | +$15.7M |
|
753
Vestis
VSTS
$2.03B
| $16.7M | 0.01% |
+790,031
| New | +$13.6M |
|
754
Trip.com Group
TCOM
$28.5B
| $16.6M | 0.01% |
461,600
-2,495
| -0.5% | -$85.1K |
|
755
TriMas Corp
TRS
$1.44B
| $16.4M | 0.01% |
646,385
-25,125
| -4% | -$621K |
|
756
Kinder Morgan
KMI
$70.3B
| $16.3M | 0.01% |
924,482
-100,515
| -10% | -$1.71M |
|
757
Performance Food Group
PFGC
$18.1B
| $16.3M | 0.01% |
235,289
-769
| -0.3% | -$47.3K |
|
758
MGP Ingredients
MGPI
$400M
| $16.3M | 0.01% |
165,010
+13
| +0% | +$1.25K |
|
|
ENV
759
DELISTED
ENVESTNET, INC.
ENV
| $16.1M | 0.01% |
326,076
+391
| +0.1% | +$16K |
|
760
Sun Life Financial
SLF
$46.6B
| $16.1M | 0.01% |
311,160
-525,354
| -63% | -$25.9M |
|
761
Hims & Hers Health
HIMS
$6.79B
| $16.1M | 0.01% |
1,809,561
+4,350
| +0.2% | +$32.2K |
|
762
Nextpower Inc
NXT
$14.5B
| $16.1M | 0.01% |
342,969
-561,857
| -62% | -$22M |
|
763
Franklin FTSE Latin America
FLLA
$109M
| $16M | 0.01% |
650,000
-25,000
| -4% | -$565K |
|
764
Columbia Sportswear
COLM
$3.3B
| $16M | 0.01% |
200,805
-31,131
| -13% | -$2.37M |
|
765
Stantec
STN
$8.19B
| $15.9M | 0.01% |
197,980
-513,970
| -72% | -$35.6M |
|
766
PUT
Carvana
CVNA
$47.3B
| $15.9M | 0.01% |
1,500,000
| – | – |
|
767
Healthpeak Properties
DOC
$15.7B
| $15.8M | 0.01% |
798,054
-1,480,014
| -65% | -$26M |
|
|
TRST
768
Trustco Bank Corp NY
TRST
$984M
| $15.7M | 0.01% |
506,739
-19,999
| -4% | -$559K |
|
769
CGI
GIB
$15B
| $15.7M | 0.01% |
146,756
-812,912
| -85% | -$82.4M |
|
770
Occidental Petroleum
OXY
$53.6B
| $15.6M | 0.01% |
261,044
-14,637
| -5% | -$893K |
|
771
Corteva
CTVA
$59.5B
| $15.5M | 0.01% |
324,132
-9,238
| -3% | -$441K |
|
772
Essex Property Trust
ESS
$18.9B
| $15.4M | 0.01% |
62,067
+5,887
| +10% | +$1.3M |
|
|
GRMN
773
Garmin
GRMN
$48.9B
| $15.3M | 0.01% |
118,941
-4,800
| -4% | -$557K |
|
774
STAG Industrial
STAG
$7.79B
| $15.2M | 0.01% |
387,367
-253,181
| -40% | -$8.99M |
|
775
Unum
UNM
$14B
| $15.2M | 0.01% |
336,059
-50,137
| -13% | -$2.28M |
|
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.