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 | |
|---|---|---|---|---|---|---|
|
SRC
776
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $15.2M | 0.01% |
347,302
+4,510
| +1% | +$174K |
|
|
BRDG
777
DELISTED
Bridge Investment Group
BRDG
| $15.2M | 0.01% |
1,550,974
-5,711
| -0.4% | -$46.3K |
|
|
PLG
778
Platinum Group Metals
PLG
$159M
| $15M | 0.01% |
13,252,279
+97,760
| +0.7% | +$106K |
|
779
Arcutis Biotherapeutics
ARQT
$3.55B
| $15M | 0.01% |
4,655,544
+3,363,191
| +260% | +$9.14M |
|
780
iShares Russell 1000 ETF
IWB
$47.9B
| $15M | 0.01% |
57,310
-383
| -0.7% | -$93.8K |
|
781
Old Republic International
ORI
$10.8B
| $15M | 0.01% |
510,398
+66,795
| +15% | +$1.88M |
|
|
TERN
782
DELISTED
Terns Pharmaceuticals
TERN
| $15M | 0.01% |
2,307,834
+159,013
| +7% | +$841K |
|
783
Centene
CNC
$31.6B
| $15M | 0.01% |
201,771
+39,089
| +24% | +$2.82M |
|
784
Camden Property Trust
CPT
$11.4B
| $14.9M | 0.01% |
150,042
-2,283
| -1% | -$211K |
|
785
ManpowerGroup
MAN
$2.58B
| $14.8M | 0.01% |
186,148
+538
| +0.3% | +$40K |
|
786
Vanguard Small-Cap ETF
VB
$80.2B
| $14.8M | 0.01% |
69,316
-60,150
| -46% | -$11.6M |
|
787
Spyre Therapeutics
SYRE
$8.68B
| $14.8M | 0.01% |
+687,090
| New | +$9.47M |
|
|
DAY
788
DELISTED
Dayforce
DAY
| $14.8M | 0.01% |
220,084
-14,199
| -6% | -$969K |
|
789
Miller Industries
MLR
$584M
| $14.8M | 0.01% |
349,153
-11,381
| -3% | -$448K |
|
790
Natera
NTRA
$36.1B
| $14.8M | 0.01% |
235,563
+1,489
| +0.6% | +$74.4K |
|
791
Otis Worldwide
OTIS
$28B
| $14.7M | 0.01% |
164,639
-17,220
| -9% | -$1.43M |
|
792
Crinetics Pharmaceuticals
CRNX
$8.88B
| $14.7M | 0.01% |
413,209
+274,384
| +198% | +$8.41M |
|
793
Nerdy
NRDY
$110M
| $14.6M | 0.01% |
4,267,218
-5,917
| -0.1% | -$18.2K |
|
794
Neogen
NEOG
$2B
| $14.6M | 0.01% |
726,669
-9,723
| -1% | -$165K |
|
795
Conagra Brands
CAG
$7.38B
| $14.6M | 0.01% |
508,761
-73,862
| -13% | -$2.07M |
|
796
Albertsons Companies
ACI
$5.67B
| $14.5M | 0.01% |
631,535
+301,894
| +92% | +$6.67M |
|
797
Molson Coors Class B
TAP
$7.97B
| $14.5M | 0.01% |
236,511
+46,877
| +25% | +$2.82M |
|
798
AllianceBernstein
AB
$3.49B
| $14.5M | 0.01% |
466,522
-18,300
| -4% | -$538K |
|
799
Cboe Global Markets
CBOE
$31.1B
| $14.4M | 0.01% |
80,563
+55,547
| +222% | +$9.52M |
|
800
Hewlett Packard
HPE
$60.4B
| $14.3M | 0.01% |
844,822
-397,557
| -32% | -$6.48M |
|
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.