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 | |
|---|---|---|---|---|---|---|
|
PARA
926
DELISTED
Paramount Global Class B
PARA
| $8.09M | ﹤0.01% |
546,822
-799,011
| -59% | -$10.7M |
|
927
Leidos
LDOS
$14.9B
| $8.08M | ﹤0.01% |
74,671
+11,576
| +18% | +$1.18M |
|
928
Sociedad Química y Minera de Chile
SQM
$18.8B
| $8.08M | ﹤0.01% |
+134,101
| New | +$7.09M |
|
929
State Street SPDR S&P Biotech ETF
XBI
$10.1B
| $8.08M | ﹤0.01% |
90,437
-16,561
| -15% | -$1.23M |
|
|
AIRC
930
DELISTED
Apartment Income REIT Corp.
AIRC
| $8.07M | ﹤0.01% |
232,333
+214,997
| +1,240% | +$6.73M |
|
931
Tenaris
TS
$28.1B
| $8M | ﹤0.01% |
230,139
-467
| -0.2% | -$15.7K |
|
932
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.25B
| $7.97M | ﹤0.01% |
63,710
-603
| -0.9% | -$67.6K |
|
933
J.M. Smucker
SJM
$13.3B
| $7.94M | ﹤0.01% |
62,816
-1,781
| -3% | -$206K |
|
934
Sterling Infrastructure
STRL
$16.5B
| $7.94M | ﹤0.01% |
90,281
-6,121
| -6% | -$442K |
|
935
Murphy USA
MUSA
$11.2B
| $7.89M | ﹤0.01% |
22,127
+1,564
| +8% | +$567K |
|
936
EQT Corp
EQT
$32.2B
| $7.89M | ﹤0.01% |
204,018
-64,651
| -24% | -$2.62M |
|
937
Diamondback Energy
FANG
$53.8B
| $7.85M | ﹤0.01% |
50,633
+6,240
| +14% | +$978K |
|
938
State Street Technology Select Sector SPDR ETF
XLK
$112B
| $7.81M | ﹤0.01% |
81,124
-356
| -0.4% | -$31.7K |
|
939
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.12B
| $7.78M | ﹤0.01% |
153,287
+21,635
| +16% | +$1.09M |
|
|
MRO
940
DELISTED
Marathon Oil Corporation
MRO
| $7.77M | ﹤0.01% |
321,767
-127,430
| -28% | -$3.28M |
|
941
Vanguard Mid-Cap ETF
VO
$107B
| $7.76M | ﹤0.01% |
133,484
+540
| +0.4% | +$28.9K |
|
|
DFS
942
DELISTED
Discover Financial Services
DFS
| $7.75M | ﹤0.01% |
68,990
-1,555
| -2% | -$144K |
|
943
XPO
XPO
$24.1B
| $7.75M | ﹤0.01% |
88,508
+50,007
| +130% | +$4.07M |
|
944
Super Micro Computer
SMCI
$18.3B
| $7.75M | ﹤0.01% |
272,650
+78,280
| +40% | +$2.17M |
|
945
Southwest Airlines
LUV
$22.6B
| $7.73M | ﹤0.01% |
267,572
+10,280
| +4% | +$267K |
|
946
Franco-Nevada
FNV
$40.6B
| $7.72M | ﹤0.01% |
69,666
-9,768
| -12% | -$1.19M |
|
947
Markel Group
MKL
$25.6B
| $7.68M | ﹤0.01% |
5,406
-57
| -1% | -$80.9K |
|
948
Vanguard Total Stock Market ETF
VTI
$656B
| $7.67M | ﹤0.01% |
32,323
+1,114
| +4% | +$246K |
|
949
Viatris
VTRS
$20.7B
| $7.66M | ﹤0.01% |
707,668
-54,608
| -7% | -$523K |
|
950
Alector
ALEC
$169M
| $7.66M | ﹤0.01% |
959,524
+362
| +0% | +$2.15K |
|
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.