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 | |
|---|---|---|---|---|---|---|
826
Acumen Pharmaceuticals
ABOS
$165M
| $12.9M | 0.01% |
3,358,809
+520,044
| +18% | +$1.54M |
|
827
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
TLTW
$1.88B
| $12.8M | 0.01% |
+467,750
| New | +$13M |
|
828
Yum! Brands
YUM
$41.4B
| $12.8M | 0.01% |
98,286
-25,679
| -21% | -$3.21M |
|
829
Texas Capital Bancshares
TCBI
$4.29B
| $12.8M | 0.01% |
198,229
-7,988
| -4% | -$460K |
|
830
Disc Medicine
IRON
$2.85B
| $12.8M | 0.01% |
221,424
+60,403
| +38% | +$3.09M |
|
831
Carrier Global
CARR
$52.5B
| $12.8M | 0.01% |
222,532
-76
| -0% | -$4.02K |
|
|
IPG
832
DELISTED
Interpublic Group of Companies
IPG
| $12.7M | 0.01% |
388,483
-84,148
| -18% | -$2.53M |
|
833
Group 1 Automotive
GPI
$4.17B
| $12.6M | 0.01% |
41,226
+48
| +0.1% | +$13.1K |
|
834
International General Insurance
IGIC
$1.23B
| $12.5M | 0.01% |
971,616
-256,954
| -21% | -$2.98M |
|
835
Teck Resources
TECK
$28.8B
| $12.4M | 0.01% |
294,513
+13,503
| +5% | +$519K |
|
836
Moog Inc Class A
MOG.A
$13.1B
| $12.4M | 0.01% |
85,933
-8,825
| -9% | -$1.14M |
|
837
Ryder
R
$9.98B
| $12.4M | 0.01% |
107,710
+1,416
| +1% | +$149K |
|
838
Allstate
ALL
$70.1B
| $12.3M | 0.01% |
88,117
-2,182
| -2% | -$285K |
|
839
Fortis
FTS
$29.7B
| $12.3M | 0.01% |
297,767
-2,565,778
| -90% | -$103M |
|
840
Liberty Broadband Class C
LBRDK
$4.72B
| $12.2M | 0.01% |
151,155
-47,217
| -24% | -$3.96M |
|
841
Ulta Beauty
ULTA
$21.6B
| $12M | 0.01% |
24,571
-5,840
| -19% | -$2.46M |
|
|
JBTM
842
JBT Marel
JBTM
$7.59B
| $11.9M | 0.01% |
119,455
-16
| -0% | -$1.66K |
|
843
Sutro Biopharma
STRO
$393M
| $11.9M | 0.01% |
276,264
-7,172
| -3% | -$228K |
|
844
Shattuck Labs
STTK
$651M
| $11.7M | 0.01% |
+1,635,821
| New | +$4.46M |
|
845
Textron
TXT
$15.6B
| $11.6M | 0.01% |
144,536
+34,298
| +31% | +$2.66M |
|
846
Genuine Parts
GPC
$17.9B
| $11.6M | 0.01% |
83,808
+5,493
| +7% | +$753K |
|
847
Dow Inc
DOW
$20.8B
| $11.5M | 0.01% |
209,956
-11,559
| -5% | -$591K |
|
|
SRCL
848
DELISTED
Stericycle Inc
SRCL
| $11.5M | 0.01% |
231,470
-55,463
| -19% | -$2.49M |
|
849
Vanguard Real Estate ETF
VNQ
$40B
| $11.2M | 0.01% |
127,292
+11,473
| +10% | +$909K |
|
|
SNV
850
DELISTED
Synovus
SNV
| $11.2M | 0.01% |
297,029
-786
| -0.3% | -$24K |
|
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.