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 | |
|---|---|---|---|---|---|---|
951
SAP
SAP
$209B
| $7.66M | ﹤0.01% |
49,526
-80
| -0.2% | -$11.6K |
|
952
iShares MSCI USA Min Vol Factor ETF
USMV
$23.7B
| $7.63M | ﹤0.01% |
97,723
-3,666
| -4% | -$274K |
|
953
State Street SPDR S&P Dividend ETF
SDY
$22.5B
| $7.62M | ﹤0.01% |
60,977
-309
| -0.5% | -$36.3K |
|
|
GAU
954
Galiano Gold
GAU
$460M
| $7.62M | ﹤0.01% |
8,207,262
-1,600,000
| -16% | -$994K |
|
955
National Fuel Gas
NFG
$7.8B
| $7.59M | ﹤0.01% |
151,369
+10,004
| +7% | +$516K |
|
956
Lennox International
LII
$18.9B
| $7.56M | ﹤0.01% |
16,888
+7,125
| +73% | +$2.84M |
|
957
Extra Space Storage
EXR
$32.2B
| $7.53M | ﹤0.01% |
46,959
-29,409
| -39% | -$3.74M |
|
958
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $7.53M | ﹤0.01% |
146,760
+32,327
| +28% | +$1.62M |
|
959
Allison Transmission
ALSN
$10.1B
| $7.47M | ﹤0.01% |
128,379
+8,814
| +7% | +$492K |
|
960
Cincinnati Financial
CINF
$28.4B
| $7.43M | ﹤0.01% |
71,807
-15,832
| -18% | -$1.61M |
|
961
Brookfield Asset Management
BAM
$76.2B
| $7.42M | ﹤0.01% |
184,752
+20,409
| +12% | +$690K |
|
962
Bath & Body Works
BBWI
$4.2B
| $7.42M | ﹤0.01% |
171,910
+2,532
| +1% | +$85.5K |
|
963
Lincoln Electric
LECO
$14.4B
| $7.42M | ﹤0.01% |
34,111
+1,333
| +4% | +$257K |
|
964
Corcept Therapeutics
CORT
$9.83B
| $7.39M | ﹤0.01% |
227,585
+4,471
| +2% | +$123K |
|
965
Vanguard Total Bond Market
BND
$158B
| $7.34M | ﹤0.01% |
99,775
+18,404
| +23% | +$1.3M |
|
966
The Mosaic Company
MOS
$7.25B
| $7.32M | ﹤0.01% |
204,904
-53,625
| -21% | -$1.89M |
|
967
Middleby
MIDD
$6.19B
| $7.28M | ﹤0.01% |
49,474
-7,400
| -13% | -$940K |
|
968
iShares MSCI EAFE Growth ETF
EFG
$16.2B
| $7.25M | ﹤0.01% |
74,908
+68,645
| +1,096% | +$6.15M |
|
969
Coca-Cola Europacific Partners
CCEP
$50.2B
| $7.17M | ﹤0.01% |
107,477
+64,784
| +152% | +$3.96M |
|
|
SUM
970
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $7.1M | ﹤0.01% |
184,618
+2,169
| +1% | +$75.2K |
|
971
Affiliated Managers Group
AMG
$9.63B
| $7.09M | ﹤0.01% |
46,833
-65
| -0.1% | -$8.73K |
|
|
WDI
972
Western Asset Diversified Income Fund
WDI
$677M
| $7.05M | ﹤0.01% |
500,000
+249,095
| +99% | +$3.29M |
|
973
Q2 Holdings
QTWO
$3.74B
| $7.04M | ﹤0.01% |
162,282
-203
| -0.1% | -$7.21K |
|
974
Equitable Holdings
EQH
$13.3B
| $7.02M | ﹤0.01% |
210,673
+118,178
| +128% | +$3.46M |
|
975
Associated Banc-Corp
ASB
$5.81B
| $6.99M | ﹤0.01% |
326,963
-19,372
| -6% | -$349K |
|
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.