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 | |
|---|---|---|---|---|---|---|
851
iShares Russell 1000 Growth ETF
IWF
$119B
| $11.1M | 0.01% |
147,020
+70,728
| +93% | +$5M |
|
852
Vale
VALE
$62.6B
| $11.1M | 0.01% |
699,491
-17,360
| -2% | -$249K |
|
853
Loews
L
$24.5B
| $11.1M | 0.01% |
159,410
+132,313
| +488% | +$8.8M |
|
854
Fidelity National Financial
FNF
$14.5B
| $11.1M | 0.01% |
217,030
-15,036
| -6% | -$654K |
|
855
Thomson Reuters
TRI
$44.8B
| $11.1M | 0.01% |
74,441
-3,385
| -4% | -$457K |
|
856
Masco
MAS
$16.5B
| $11M | 0.01% |
163,879
+38,992
| +31% | +$2.26M |
|
857
United Therapeutics
UTHR
$26.1B
| $11M | 0.01% |
49,851
+38,915
| +356% | +$8.97M |
|
858
XP
XP
$8.76B
| $10.9M | 0.01% |
421,106
+226,216
| +116% | +$5.16M |
|
859
Motorola Solutions
MSI
$73.1B
| $10.9M | 0.01% |
34,894
+637
| +2% | +$193K |
|
860
Heron Therapeutics
HRTX
$93.4M
| $10.9M | 0.01% |
6,404,795
-553,315
| -8% | -$609K |
|
861
Casey's General Stores
CASY
$31.7B
| $10.9M | 0.01% |
39,569
+23,052
| +140% | +$6.31M |
|
862
iShares Russell 2000 Value ETF
IWN
$14.5B
| $10.9M | 0.01% |
69,894
-76,785
| -52% | -$10.6M |
|
863
iShares ESG Aware MSCI EAFE ETF
ESGD
$11.8B
| $10.9M | 0.01% |
143,720
+44,959
| +46% | +$3.18M |
|
|
SCHR
864
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $10.8M | 0.01% |
435,300
-84,868
| -16% | -$2.05M |
|
865
Clorox
CLX
$12.1B
| $10.8M | 0.01% |
75,783
-9,823
| -11% | -$1.31M |
|
866
APA Corp
APA
$12.3B
| $10.7M | 0.01% |
299,004
+154,232
| +107% | +$5.82M |
|
867
Medpace
MEDP
$16B
| $10.7M | 0.01% |
34,895
+1,479
| +4% | +$399K |
|
868
Primerica
PRI
$10B
| $10.7M | 0.01% |
51,846
+699
| +1% | +$143K |
|
869
Invesco QQQ Trust
QQQ
$446B
| $10.6M | 0.01% |
25,961
+1,170
| +5% | +$444K |
|
870
AXIS Capital
AXS
$8.76B
| $10.6M | ﹤0.01% |
191,161
-3,239
| -2% | -$180K |
|
871
CubeSmart
CUBE
$9.68B
| $10.5M | ﹤0.01% |
225,552
-216,922
| -49% | -$8.52M |
|
872
Western Asset Bond ETF
WABF
$16M
| $10.4M | ﹤0.01% |
400,000
| – | – |
|
873
Exelixis
EXEL
$14.1B
| $10.4M | ﹤0.01% |
434,471
+82,916
| +24% | +$1.8M |
|
874
HEICO Corp Class A
HEI.A
$36.6B
| $10.4M | ﹤0.01% |
73,135
+572
| +0.8% | +$77.4K |
|
875
Ultragenyx Pharmaceutical
RARE
$2.55B
| $10.3M | ﹤0.01% |
214,738
+25,144
| +13% | +$975K |
|
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.