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 | |
|---|---|---|---|---|---|---|
1051
Prudential Financial
PRU
$42.3B
| $5.26M | ﹤0.01% |
50,722
-556
| -1% | -$53.3K |
|
1052
Campbell Soup
CPB
$6.67B
| $5.25M | ﹤0.01% |
121,559
-15,703
| -11% | -$646K |
|
1053
First Business Financial Services
FBIZ
$564M
| $5.25M | ﹤0.01% |
130,824
+36
| +0% | +$1.21K |
|
1054
iShares TIPS Bond ETF
TIP
$14.5B
| $5.24M | ﹤0.01% |
48,789
-872
| -2% | -$91.2K |
|
1055
Matrix Service
MTRX
$347M
| $5.24M | ﹤0.01% |
536,055
-70,964
| -12% | -$771K |
|
|
EXE
1056
Expand Energy Corp
EXE
$21.7B
| $5.24M | ﹤0.01% |
68,108
-10,086
| -13% | -$828K |
|
1057
Quest Diagnostics
DGX
$25.6B
| $5.22M | ﹤0.01% |
37,852
-24
| -0.1% | -$3.15K |
|
1058
New Fortress Energy
NFE
$96.4M
| $5.21M | ﹤0.01% |
137,995
+6,871
| +5% | +$237K |
|
1059
Rithm Capital
RITM
$5.15B
| $5.18M | ﹤0.01% |
485,294
+147,660
| +44% | +$1.47M |
|
|
SWN
1060
DELISTED
Southwestern Energy Company
SWN
| $5.18M | ﹤0.01% |
790,728
-158,601
| -17% | -$1.06M |
|
1061
Starwood Property Trust
STWD
$6.15B
| $5.17M | ﹤0.01% |
245,740
-103,698
| -30% | -$2.04M |
|
1062
Amcor
AMCR
$20.9B
| $5.15M | ﹤0.01% |
106,842
-1,218
| -1% | -$55.9K |
|
1063
Clear Channel Outdoor Holdings
CCO
$1.23B
| $5.12M | ﹤0.01% |
2,811,813
-342,166
| -11% | -$473K |
|
1064
Dolby
DLB
$4.85B
| $5.11M | ﹤0.01% |
59,307
+2,527
| +4% | +$213K |
|
1065
Steris
STE
$21.3B
| $5.11M | ﹤0.01% |
23,240
+1,377
| +6% | +$291K |
|
|
SPLK
1066
DELISTED
Splunk Inc
SPLK
| $5.09M | ﹤0.01% |
33,432
+17,881
| +115% | +$2.67M |
|
1067
Vital Farms
VITL
$569M
| $5.05M | ﹤0.01% |
321,688
+55
| +0% | +$696 |
|
1068
GE HealthCare
GEHC
$27.8B
| $5.04M | ﹤0.01% |
65,245
-5,033
| -7% | -$352K |
|
1069
Vipshop
VIPS
$7.08B
| $5.04M | ﹤0.01% |
283,922
-11,234
| -4% | -$175K |
|
1070
Advanced Drainage Systems
WMS
$11B
| $5.04M | ﹤0.01% |
35,841
-198
| -0.5% | -$23.9K |
|
1071
Keysight
KEYS
$53.6B
| $5.04M | ﹤0.01% |
31,660
-18,968
| -37% | -$2.58M |
|
1072
Rollins
ROL
$18.8B
| $4.96M | ﹤0.01% |
113,602
-38,113
| -25% | -$1.48M |
|
1073
AGCO
AGCO
$8.71B
| $4.95M | ﹤0.01% |
40,734
-3,439
| -8% | -$402K |
|
1074
iShares 20+ Year Treasury Bond ETF
TLT
$42.8B
| $4.92M | ﹤0.01% |
49,790
+5,623
| +13% | +$508K |
|
1075
Hooker Furnishings Corp
HOFT
$149M
| $4.92M | ﹤0.01% |
188,766
+152
| +0.1% | +$3.04K |
|
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.