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 | |
|---|---|---|---|---|---|---|
901
Qiagen
QGEN
$8.63B
| $9.2M | ﹤0.01% |
199,643
+1,292
| +0.7% | +$55K |
|
902
Imperial Oil
IMO
$60.4B
| $9.19M | ﹤0.01% |
161,322
-413
| -0.3% | -$23.7K |
|
903
Unilever
UL
$143B
| $9.18M | ﹤0.01% |
168,346
-49,096
| -23% | -$2.65M |
|
904
Leonardo DRS
DRS
$12.9B
| $9.17M | ﹤0.01% |
457,691
-173,221
| -27% | -$3.27M |
|
905
State Street SPDR S&P North American Natural Resources ETF
NANR
$741M
| $9.13M | ﹤0.01% |
178,981
+2,115
| +1% | +$107K |
|
906
Cenovus Energy
CVE
$51.5B
| $9.04M | ﹤0.01% |
542,489
-1,520,560
| -74% | -$27.8M |
|
907
Baidu
BIDU
$35.6B
| $9.01M | ﹤0.01% |
75,679
-32,964
| -30% | -$3.81M |
|
908
H&R Block
HRB
$5.68B
| $8.96M | ﹤0.01% |
185,226
+76,602
| +71% | +$3.41M |
|
909
Avanos Medical
AVNS
| $8.93M | ﹤0.01% |
398,140
-15,872
| -4% | -$328K |
|
910
Landstar System
LSTR
$6.32B
| $8.9M | ﹤0.01% |
45,945
-4,169
| -8% | -$738K |
|
|
CNTA
911
DELISTED
Centessa Pharmaceuticals
CNTA
| $8.88M | ﹤0.01% |
1,115,817
+283,469
| +34% | +$1.9M |
|
912
Vanguard ESG US Stock ETF
ESGV
$13B
| $8.87M | ﹤0.01% |
104,294
+14,720
| +16% | +$1.16M |
|
913
Ryman Hospitality Properties
RHP
$8.53B
| $8.79M | ﹤0.01% |
79,877
-2,288
| -3% | -$218K |
|
914
Arteris
AIP
$1.31B
| $8.72M | ﹤0.01% |
1,480,400
| – | – |
|
915
Akamai
AKAM
$16.2B
| $8.71M | ﹤0.01% |
73,579
+48,236
| +190% | +$5.37M |
|
916
Lindblad Expeditions
LIND
$1.91B
| $8.69M | ﹤0.01% |
771,158
| – | – |
|
917
AnaptysBio
ANAB
$1.54B
| $8.68M | ﹤0.01% |
405,115
+75,025
| +23% | +$1.29M |
|
918
WD-40
WDFC
$3.14B
| $8.58M | ﹤0.01% |
35,884
+69
| +0.2% | +$15.4K |
|
919
Atmos Energy
ATO
$30.3B
| $8.45M | ﹤0.01% |
72,923
+14,294
| +24% | +$1.6M |
|
920
Invesco S&P 500 Equal Weight ETF
RSP
$98.1B
| $8.41M | ﹤0.01% |
53,297
+17,785
| +50% | +$2.58M |
|
921
Ovintiv
OVV
$16.2B
| $8.36M | ﹤0.01% |
190,272
+110,005
| +137% | +$5.02M |
|
922
Omega Healthcare
OHI
$15.4B
| $8.27M | ﹤0.01% |
269,838
-18,649
| -6% | -$598K |
|
923
Restaurant Brands International
QSR
$26B
| $8.27M | ﹤0.01% |
105,808
-4,159
| -4% | -$289K |
|
924
Americold
COLD
$4.18B
| $8.17M | ﹤0.01% |
269,926
+68,538
| +34% | +$1.92M |
|
925
Ball Corp
BALL
$17.8B
| $8.14M | ﹤0.01% |
141,498
+1,527
| +1% | +$78.7K |
|
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.