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 | |
|---|---|---|---|---|---|---|
1126
Qorvo
QRVO
$7.92B
| $3.85M | ﹤0.01% |
34,229
+792
| +2% | +$76.5K |
|
1127
Grand Canyon Education
LOPE
$3.84B
| $3.85M | ﹤0.01% |
29,155
+1,660
| +6% | +$216K |
|
|
HSII
1128
DELISTED
Heidrick & Struggles
HSII
| $3.85M | ﹤0.01% |
130,283
+2,269
| +2% | +$60.3K |
|
1129
Bread Financial
BFH
$4.29B
| $3.85M | ﹤0.01% |
116,766
-725,485
| -86% | -$21.7M |
|
|
ODV
1130
DELISTED
Osisko Development Corp
ODV
| $3.83M | ﹤0.01% |
1,318,748
| – | – |
|
1131
Ferrari
RACE
$66.8B
| $3.82M | ﹤0.01% |
11,301
-2,781
| -20% | -$929K |
|
1132
Encompass Health
EHC
$11.3B
| $3.82M | ﹤0.01% |
57,265
+8,988
| +19% | +$582K |
|
1133
Orrstown Financial Services
ORRF
$836M
| $3.82M | ﹤0.01% |
129,428
| – | – |
|
1134
Popular Inc
BPOP
$10.9B
| $3.77M | ﹤0.01% |
45,922
+26
| +0.1% | +$1.84K |
|
1135
Arrow Financial
AROW
$664M
| $3.77M | ﹤0.01% |
134,806
+9,094
| +7% | +$212K |
|
1136
Thor Industries
THO
$3.98B
| $3.75M | ﹤0.01% |
31,734
-4,155
| -12% | -$415K |
|
1137
Southern Missouri Bancorp
SMBC
$854M
| $3.75M | ﹤0.01% |
70,219
+42
| +0.1% | +$1.87K |
|
1138
Tiptree Inc
TIPT
$678M
| $3.75M | ﹤0.01% |
197,690
| – | – |
|
1139
Hackett Group
HCKT
$255M
| $3.75M | ﹤0.01% |
164,607
+92
| +0.1% | +$2.08K |
|
1140
Fox Factory Holding Corp
FOXF
$779M
| $3.72M | ﹤0.01% |
55,132
+49,435
| +868% | +$3.61M |
|
|
PINE
1141
Alpine Income Property Trust
PINE
$341M
| $3.71M | ﹤0.01% |
219,121
| – | – |
|
1142
CVB Financial
CVBF
$3.97B
| $3.7M | ﹤0.01% |
183,488
-41,323
| -18% | -$733K |
|
1143
Pentair
PNR
$10.2B
| $3.7M | ﹤0.01% |
50,947
+5,896
| +13% | +$380K |
|
1144
Qualys
QLYS
$4.75B
| $3.69M | ﹤0.01% |
18,806
-558
| -3% | -$97.6K |
|
1145
International Flavors & Fragrances
IFF
$19.5B
| $3.67M | ﹤0.01% |
45,311
+6,460
| +17% | +$467K |
|
|
HAYN
1146
DELISTED
Haynes International, Inc.
HAYN
| $3.67M | ﹤0.01% |
64,259
+22
| +0% | +$1.06K |
|
1147
Utah Medical Products
UTMD
$220M
| $3.65M | ﹤0.01% |
43,326
| – | – |
|
1148
Bank OZK
OZK
$5.5B
| $3.64M | ﹤0.01% |
73,041
-43,105
| -37% | -$1.78M |
|
1149
Vera Bradley
VRA
$106M
| $3.64M | ﹤0.01% |
472,268
-225,857
| -32% | -$1.64M |
|
1150
Genesco
GCO
$416M
| $3.62M | ﹤0.01% |
102,906
+6,369
| +7% | +$196K |
|
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.