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 | |
|---|---|---|---|---|---|---|
801
Stanley Black & Decker
SWK
$14.6B
| $14.3M | 0.01% |
145,805
-66,413
| -31% | -$5.85M |
|
802
iShares National Muni Bond ETF
MUB
$45.3B
| $14.3M | 0.01% |
131,836
+18,599
| +16% | +$1.94M |
|
803
Maplebear
CART
$10.7B
| $14.2M | 0.01% |
604,660
-207
| -0% | -$5.21K |
|
804
NRG Energy
NRG
$26.9B
| $13.9M | 0.01% |
269,749
+164,543
| +156% | +$7.44M |
|
805
HF Sinclair
DINO
$16.1B
| $13.9M | 0.01% |
249,412
+121,866
| +96% | +$6.65M |
|
806
ICF International
ICFI
$1.51B
| $13.8M | 0.01% |
102,905
-94,351
| -48% | -$12.4M |
|
|
APLS
807
DELISTED
Apellis Pharmaceuticals
APLS
| $13.8M | 0.01% |
+229,790
| New | +$11.7M |
|
808
American Eagle Outfitters
AEO
$3.04B
| $13.7M | 0.01% |
647,778
-226,765
| -26% | -$4.23M |
|
809
BCE
BCE
$20.3B
| $13.7M | 0.01% |
347,241
-2,059,237
| -86% | -$79.7M |
|
|
ABVX
810
Abivax
ABVX
$10.8B
| $13.6M | 0.01% |
+1,249,295
| New | +$12.7M |
|
811
Xenon Pharmaceuticals
XENE
$6.28B
| $13.5M | 0.01% |
293,825
+121,213
| +70% | +$4.28M |
|
812
Dropbox
DBX
$7.48B
| $13.5M | 0.01% |
458,789
+64,492
| +16% | +$1.79M |
|
813
Travelers Companies
TRV
$82.9B
| $13.5M | 0.01% |
70,984
-19,680
| -22% | -$3.41M |
|
814
Repay Holdings
RPAY
$344M
| $13.5M | 0.01% |
1,577,331
-1,063
| -0.1% | -$7.5K |
|
|
CRGX
815
DELISTED
CARGO Therapeutics
CRGX
| $13.3M | 0.01% |
+575,920
| New | +$9.77M |
|
816
Domino's
DPZ
$11.6B
| $13.3M | 0.01% |
32,183
+2,487
| +8% | +$933K |
|
817
W.P. Carey
WPC
$16.8B
| $13.3M | 0.01% |
204,534
-5,292
| -3% | -$305K |
|
818
HP
HPQ
$25.9B
| $13.2M | 0.01% |
439,921
-72,588
| -14% | -$2.03M |
|
|
JHG
819
DELISTED
Janus Henderson
JHG
| $13.2M | 0.01% |
438,188
-51,988
| -11% | -$1.34M |
|
820
Spotify
SPOT
$105B
| $13.2M | 0.01% |
70,151
+65,768
| +1,501% | +$11.5M |
|
821
IMAX
IMAX
$2.59B
| $13.2M | 0.01% |
876,082
-17,984
| -2% | -$308K |
|
|
SABA
822
Saba Capital Income & Opportunities Fund II
SABA
$221M
| $13M | 0.01% |
1,720,412
-3,274,882
| -66% | -$25.6M |
|
823
Wyndham Hotels & Resorts
WH
$5.62B
| $13M | 0.01% |
161,280
+153,130
| +1,879% | +$11.5M |
|
|
NUVL
824
DELISTED
Nuvalent
NUVL
| $12.9M | 0.01% |
175,436
+21,390
| +14% | +$1.32M |
|
|
FLG
825
Flagstar Bank National Association
FLG
$5.83B
| $12.9M | 0.01% |
420,648
-178,791
| -30% | -$5.36M |
|
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.