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 | |
|---|---|---|---|---|---|---|
876
AvePoint
AVPT
$2.73B
| $10.1M | ﹤0.01% |
1,235,569
-326,212
| -21% | -$2.55M |
|
877
UDR
UDR
$12.8B
| $10.1M | ﹤0.01% |
262,959
-111,849
| -30% | -$3.89M |
|
878
Western Union
WU
$2.57B
| $10.1M | ﹤0.01% |
841,034
+138,915
| +20% | +$1.69M |
|
879
Boeing
BA
$175B
| $9.99M | ﹤0.01% |
38,330
+1,325
| +4% | +$283K |
|
880
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$43.1B
| $9.99M | ﹤0.01% |
+101,000
| New | +$9.13M |
|
881
State Street Energy Select Sector SPDR ETF
XLE
$38.4B
| $9.95M | ﹤0.01% |
237,350
+2,956
| +1% | +$126K |
|
882
Patrick Industries
PATK
$2.92B
| $9.89M | ﹤0.01% |
147,863
-6,142
| -4% | -$337K |
|
883
MSC Industrial Direct
MSM
$6.99B
| $9.85M | ﹤0.01% |
97,323
+258
| +0.3% | +$25.5K |
|
884
Waters Corp
WAT
$37.9B
| $9.83M | ﹤0.01% |
29,864
+2,671
| +10% | +$738K |
|
885
Marriott International
MAR
$101B
| $9.82M | ﹤0.01% |
43,561
+7,282
| +20% | +$1.48M |
|
|
NOAH
886
Noah Holdings
NOAH
$591M
| $9.79M | ﹤0.01% |
709,267
-13,784
| -2% | -$174K |
|
887
Kimco Realty
KIM
$17.8B
| $9.76M | ﹤0.01% |
458,135
-56,901
| -11% | -$1.07M |
|
888
Dollar General
DG
$27.7B
| $9.72M | ﹤0.01% |
71,513
-7,744
| -10% | -$939K |
|
|
MCSE
889
DELISTED
Franklin Sustainable International Equity ETF
MCSE
| $9.7M | ﹤0.01% |
662,980
+9,800
| +2% | +$130K |
|
890
Acuity Brands
AYI
$10.3B
| $9.7M | ﹤0.01% |
47,372
+9,729
| +26% | +$1.76M |
|
891
Saia
SAIA
$11B
| $9.68M | ﹤0.01% |
22,100
+2,272
| +11% | +$918K |
|
|
MZTI
892
The Marzetti Company
MZTI
$3.03B
| $9.53M | ﹤0.01% |
57,302
+22,926
| +67% | +$3.85M |
|
893
NNN REIT
NNN
$9.38B
| $9.52M | ﹤0.01% |
220,889
+35,612
| +19% | +$1.38M |
|
894
Open Text
OTEX
$5.95B
| $9.5M | ﹤0.01% |
226,070
-2,654,918
| -92% | -$99.7M |
|
895
Pulmonx
LUNG
$53.2M
| $9.47M | ﹤0.01% |
742,412
-1,461
| -0.2% | -$15.2K |
|
896
iShares MSCI USA Momentum Factor ETF
MTUM
$24.5B
| $9.41M | ﹤0.01% |
59,950
+16,611
| +38% | +$2.44M |
|
897
Applovin
APP
$140B
| $9.37M | ﹤0.01% |
235,187
+142,938
| +155% | +$5.6M |
|
898
Regions Financial
RF
$26.6B
| $9.3M | ﹤0.01% |
480,090
+28,584
| +6% | +$474K |
|
899
Cousins Properties
CUZ
$5.24B
| $9.29M | ﹤0.01% |
381,672
+7,409
| +2% | +$152K |
|
|
ETNB
900
DELISTED
89bio
ETNB
| $9.25M | ﹤0.01% |
827,703
+320
| +0% | +$2.94K |
|
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.