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 | |
|---|---|---|---|---|---|---|
1101
Macy's
M
$6.57B
| $4.25M | ﹤0.01% |
211,247
+4,945
| +2% | +$71.6K |
|
1102
VanEck Gold Miners ETF
GDX
$23.2B
| $4.24M | ﹤0.01% |
136,776
+8,317
| +6% | +$243K |
|
|
JNPR
1103
DELISTED
Juniper Networks
JNPR
| $4.18M | ﹤0.01% |
141,876
+78,998
| +126% | +$2.17M |
|
1104
Kinross Gold
KGC
$28.6B
| $4.13M | ﹤0.01% |
681,823
-59,203
| -8% | -$324K |
|
1105
iShares Core S&P Total US Stock Market ETF
ITOT
$93.5B
| $4.1M | ﹤0.01% |
38,971
-1,571
| -4% | -$154K |
|
1106
EastGroup Properties
EGP
$11.3B
| $4.09M | ﹤0.01% |
22,289
+11,445
| +106% | +$1.95M |
|
1107
KKR & Co
KKR
$91.3B
| $4.06M | ﹤0.01% |
49,052
-962,534
| -95% | -$65.2M |
|
1108
Hilton Worldwide
HLT
$75.3B
| $4.04M | ﹤0.01% |
22,188
-1,028
| -4% | -$168K |
|
1109
Brookfield Infrastructure Partners
BIP
$18.6B
| $4.04M | ﹤0.01% |
128,221
-123,171
| -49% | -$3.33M |
|
1110
Healthcare Realty
HR
$7.46B
| $4.03M | ﹤0.01% |
233,660
-30,164
| -11% | -$461K |
|
1111
Alkermes
ALKS
$8.79B
| $4.02M | ﹤0.01% |
144,740
-13,530
| -9% | -$351K |
|
1112
DMC Global
BOOM
$117M
| $4.01M | ﹤0.01% |
213,091
+22,626
| +12% | +$416K |
|
|
CTO
1113
CTO Realty Growth
CTO
$744M
| $3.97M | ﹤0.01% |
228,997
+24
| +0% | +$399 |
|
1114
America's Car Mart
CRMT
$27.9M
| $3.96M | ﹤0.01% |
52,224
+4,074
| +8% | +$308K |
|
1115
New Jersey Resources
NJR
$6.01B
| $3.94M | ﹤0.01% |
88,381
+2
| +0% | +$85 |
|
1116
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.7B
| $3.93M | ﹤0.01% |
66,230
+1,235
| +2% | +$71.2K |
|
1117
Darling Ingredients
DAR
$9.62B
| $3.91M | ﹤0.01% |
78,516
+6,934
| +10% | +$315K |
|
1118
BorgWarner
BWA
$13.1B
| $3.91M | ﹤0.01% |
109,139
-4,158
| -4% | -$148K |
|
1119
Range Resources
RRC
$8.85B
| $3.91M | ﹤0.01% |
128,523
-90,746
| -41% | -$2.98M |
|
1120
Celanese
CE
$4.87B
| $3.91M | ﹤0.01% |
25,165
+6,901
| +38% | +$900K |
|
1121
Pan American Silver
PAAS
$18.6B
| $3.9M | ﹤0.01% |
238,839
+1,169
| +0.5% | +$17.5K |
|
1122
Vanguard Total International Bond ETF
BNDX
$82.2B
| $3.89M | ﹤0.01% |
78,874
-33,395
| -30% | -$1.63M |
|
|
AMNB
1123
DELISTED
American National Bankshares Inc
AMNB
| $3.89M | ﹤0.01% |
79,729
| – | – |
|
1124
Vanguard FTSE All-World ex-US ETF
VEU
$65.9B
| $3.87M | ﹤0.01% |
68,870
+1,288
| +2% | +$68.2K |
|
|
ETV
1125
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
$1.71B
| $3.86M | ﹤0.01% |
313,032
-17,813
| -5% | -$215K |
|
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.