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 | |
|---|---|---|---|---|---|---|
1076
Saic
SAIC
$5.01B
| $4.9M | ﹤0.01% |
39,418
+11,027
| +39% | +$1.28M |
|
1077
Align Technology
ALGN
$12B
| $4.9M | ﹤0.01% |
17,883
-2,145
| -11% | -$508K |
|
1078
Magna International
MGA
$18.3B
| $4.82M | ﹤0.01% |
81,568
+911
| +1% | +$49.1K |
|
1079
Teradyne
TER
$52.4B
| $4.81M | ﹤0.01% |
44,303
+1,592
| +4% | +$151K |
|
|
PR
1080
Permian Resources
PR
$17B
| $4.78M | ﹤0.01% |
351,681
+149,851
| +74% | +$2.05M |
|
|
GAP
1081
The Gap Inc
GAP
$7.07B
| $4.76M | ﹤0.01% |
227,721
+15,877
| +7% | +$256K |
|
1082
Ralph Lauren
RL
$22.6B
| $4.76M | ﹤0.01% |
33,019
+2,972
| +10% | +$368K |
|
1083
Cactus
WHD
$3.74B
| $4.63M | ﹤0.01% |
101,899
-57
| -0.1% | -$2.59K |
|
1084
Cirrus Logic
CRUS
$6.87B
| $4.62M | ﹤0.01% |
55,570
+3,342
| +6% | +$250K |
|
|
PFC
1085
DELISTED
Premier Financial Corp. Common Stock
PFC
| $4.62M | ﹤0.01% |
191,530
+18,284
| +11% | +$361K |
|
1086
Rocky Brands
RCKY
$313M
| $4.58M | ﹤0.01% |
151,866
-14
| -0% | -$309 |
|
1087
Portland General Electric
POR
$5.93B
| $4.54M | ﹤0.01% |
104,739
-36,074
| -26% | -$1.5M |
|
1088
Pacer Data & Infrastructure Real Estate ETF
SRVR
$376M
| $4.54M | ﹤0.01% |
152,185
-73,196
| -32% | -$1.99M |
|
1089
Graham Corp
GHM
$1.22B
| $4.53M | ﹤0.01% |
238,879
-17,267
| -7% | -$300K |
|
|
WBA
1090
DELISTED
Walgreens Boots Alliance
WBA
| $4.5M | ﹤0.01% |
172,486
-70,417
| -29% | -$1.57M |
|
1091
Corning
GLW
$123B
| $4.48M | ﹤0.01% |
146,971
-49,773
| -25% | -$1.42M |
|
1092
iShares Global Infrastructure ETF
IGF
$10.9B
| $4.47M | ﹤0.01% |
95,053
-1,069
| -1% | -$47.5K |
|
1093
Booz Allen Hamilton
BAH
$8.59B
| $4.45M | ﹤0.01% |
34,795
-14,382
| -29% | -$1.79M |
|
1094
iShares Russell 2000 Growth ETF
IWO
$14.4B
| $4.42M | ﹤0.01% |
17,530
+227
| +1% | +$51.2K |
|
1095
Oil States International
OIS
$512M
| $4.33M | ﹤0.01% |
637,233
+2,501
| +0.4% | +$18.1K |
|
1096
Cadeler
CDLR
$2.16B
| $4.32M | ﹤0.01% |
+234,696
| New | +$4.23M |
|
1097
TFI International
TFII
$12B
| $4.3M | ﹤0.01% |
31,602
-3,612
| -10% | -$428K |
|
1098
Vaalco Energy
EGY
$552M
| $4.3M | ﹤0.01% |
957,194
+71,810
| +8% | +$316K |
|
1099
Ranger Energy Services
RNGR
$368M
| $4.3M | ﹤0.01% |
419,900
+24,900
| +6% | +$287K |
|
1100
Graco
GGG
$13B
| $4.28M | ﹤0.01% |
49,304
-7,674
| -13% | -$603K |
|
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.