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 | |
|---|---|---|---|---|---|---|
976
Oshkosh
OSK
$9.47B
| $6.98M | ﹤0.01% |
64,407
+51,748
| +409% | +$5M |
|
977
Curtiss-Wright
CW
$26.7B
| $6.95M | ﹤0.01% |
31,214
+11,773
| +61% | +$2.46M |
|
978
Patterson-UTI
PTEN
$3.45B
| $6.95M | ﹤0.01% |
643,490
-34,524
| -5% | -$420K |
|
979
Jefferies Financial Group
JEF
$13.2B
| $6.95M | ﹤0.01% |
171,904
+99,895
| +139% | +$3.53M |
|
980
Kilroy Realty
KRC
$4.37B
| $6.94M | ﹤0.01% |
174,271
+121,864
| +233% | +$4.02M |
|
981
Oneok
OKE
$55.7B
| $6.92M | ﹤0.01% |
98,532
-4,152
| -4% | -$278K |
|
982
Oric Pharmaceuticals
ORIC
$1.22B
| $6.9M | ﹤0.01% |
750,516
+105
| +0% | +$759 |
|
|
NTST
983
NETSTREIT Corp
NTST
$2.14B
| $6.9M | ﹤0.01% |
386,569
+58,454
| +18% | +$916K |
|
984
ResMed
RMD
$30.3B
| $6.88M | ﹤0.01% |
39,991
+15,627
| +64% | +$2.4M |
|
985
C.H. Robinson
CHRW
$20.2B
| $6.79M | ﹤0.01% |
78,546
+8,477
| +12% | +$710K |
|
986
Archer Daniels Midland
ADM
$40.3B
| $6.76M | ﹤0.01% |
93,536
-78,449
| -46% | -$5.74M |
|
|
IAUX
987
i-80 Gold Corp
IAUX
$1.12B
| $6.73M | ﹤0.01% |
3,829,900
| – | – |
|
|
MPT
988
Medical Properties Trust
MPT
$2.88B
| $6.72M | ﹤0.01% |
1,368,612
-88,580
| -6% | -$434K |
|
989
Flowers Foods
FLO
$1.66B
| $6.65M | ﹤0.01% |
295,326
-110,493
| -27% | -$2.38M |
|
990
Lamar Advertising Co
LAMR
$16.4B
| $6.63M | ﹤0.01% |
62,390
+30,311
| +94% | +$2.85M |
|
991
SITE Centers
SITC
$235M
| $6.52M | ﹤0.01% |
613,589
+96,646
| +19% | +$963K |
|
992
Ingredion
INGR
$6.5B
| $6.46M | ﹤0.01% |
59,551
+38,201
| +179% | +$3.83M |
|
993
Foster
FSTR
$438M
| $6.42M | ﹤0.01% |
291,982
-5,283
| -2% | -$104K |
|
994
Twist Bioscience
TWST
$5.43B
| $6.41M | ﹤0.01% |
173,924
+2,263
| +1% | +$52.3K |
|
995
Ivanhoe Electric
IE
$1.43B
| $6.38M | ﹤0.01% |
633,431
| – | – |
|
996
Valley National Bancorp
VLY
$8.04B
| $6.35M | ﹤0.01% |
585,168
-192,646
| -25% | -$1.73M |
|
997
Pool Corp
POOL
$6.92B
| $6.33M | ﹤0.01% |
15,875
+7,672
| +94% | +$2.69M |
|
998
Agree Realty
ADC
$9.69B
| $6.32M | ﹤0.01% |
100,419
-20,957
| -17% | -$1.21M |
|
|
WRN
999
Western Copper and Gold
WRN
$465M
| $6.31M | ﹤0.01% |
4,780,000
| – | – |
|
1000
Sanofi
SNY
$108B
| $6.25M | ﹤0.01% |
125,587
-7,683
| -6% | -$376K |
|
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.