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 | |
|---|---|---|---|---|---|---|
76
Oracle
ORCL
$346B
| $657M | 0.31% |
6,230,044
-511,201
| -8% | -$55.8M |
|
|
SCHW
77
Charles Schwab
SCHW
$177B
| $652M | 0.3% |
9,472,698
+1,558,975
| +20% | +$90M |
|
78
Global Payments
GPN
$21.3B
| $646M | 0.3% |
5,087,801
+132,635
| +3% | +$15.4M |
|
79
Ecolab
ECL
$74.1B
| $644M | 0.3% |
3,248,574
-6,273
| -0.2% | -$1.13M |
|
80
HubSpot
HUBS
$9.73B
| $643M | 0.3% |
1,108,410
+84,220
| +8% | +$40.5M |
|
81
Mercado Libre
MELI
$91.2B
| $643M | 0.3% |
408,881
-45,275
| -10% | -$64.2M |
|
82
Micron Technology
MU
$1.12T
| $632M | 0.3% |
7,400,928
+470,241
| +7% | +$34.9M |
|
83
TJX Companies
TJX
$170B
| $625M | 0.29% |
6,667,464
-73,235
| -1% | -$6.57M |
|
84
SLB Ltd
SLB
$70.6B
| $621M | 0.29% |
11,930,517
-179,488
| -1% | -$9.76M |
|
85
Novartis
NVS
$297B
| $597M | 0.28% |
5,914,989
-296,103
| -5% | -$28.6M |
|
86
Pfizer
PFE
$143B
| $592M | 0.28% |
20,575,600
-610,308
| -3% | -$18.4M |
|
87
TSMC
TSM
$2.16T
| $589M | 0.28% |
5,662,165
-243,730
| -4% | -$23.2M |
|
88
Cisco
CSCO
$444B
| $579M | 0.27% |
11,456,060
-1,595,879
| -12% | -$81.5M |
|
89
W.W. Grainger
GWW
$64.6B
| $571M | 0.27% |
689,090
+11,460
| +2% | +$8.82M |
|
90
Dover
DOV
$26.6B
| $567M | 0.27% |
3,689,136
+492,577
| +15% | +$69M |
|
91
Cintas
CTAS
$81.3B
| $566M | 0.26% |
3,754,344
-161,424
| -4% | -$21.6M |
|
92
Elevance Health
ELV
$82.3B
| $565M | 0.26% |
1,198,988
-20,275
| -2% | -$9.38M |
|
93
Charter Communications
CHTR
$15.6B
| $548M | 0.26% |
1,410,855
-22,108
| -2% | -$9.01M |
|
|
ANSS
94
DELISTED
Ansys
ANSS
| $547M | 0.26% |
1,508,715
+27,893
| +2% | +$8.26M |
|
95
Starbucks
SBUX
$118B
| $529M | 0.25% |
5,511,378
+166,010
| +3% | +$16.2M |
|
96
Sempra
SRE
$61.1B
| $529M | 0.25% |
7,077,642
+507,622
| +8% | +$36.3M |
|
97
Ferguson
FERG
$44.3B
| $524M | 0.25% |
2,714,113
+118,894
| +5% | +$20.1M |
|
98
KLA
KLAC
$286B
| $518M | 0.24% |
8,910,270
+692,520
| +8% | +$36M |
|
99
Mondelez International
MDLZ
$77.1B
| $507M | 0.24% |
6,997,932
+1,053,067
| +18% | +$72.2M |
|
100
Palo Alto Networks
PANW
$265B
| $505M | 0.24% |
3,421,886
+275,028
| +9% | +$36.8M |
|
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.