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 | |
|---|---|---|---|---|---|---|
1151
Alpha Metallurgical Resources
AMR
$1.85B
| $3.62M | ﹤0.01% |
10,669
-455
| -4% | -$120K |
|
1152
Old National Bancorp
ONB
$10.1B
| $3.61M | ﹤0.01% |
213,639
-30,326
| -12% | -$455K |
|
1153
Independence Realty Trust
IRT
$3.87B
| $3.6M | ﹤0.01% |
235,507
+21,488
| +10% | +$298K |
|
|
SMLR
1154
DELISTED
Semler Scientific
SMLR
| $3.6M | ﹤0.01% |
81,323
-2,039
| -2% | -$73.2K |
|
1155
Lloyds Banking Group
LYG
$89B
| $3.6M | ﹤0.01% |
1,505,728
+7,363
| +0.5% | +$15.8K |
|
1156
Honda
HMC
$37.8B
| $3.59M | ﹤0.01% |
116,288
-4,225
| -4% | -$133K |
|
1157
Signet Jewelers
SIG
$3.72B
| $3.59M | ﹤0.01% |
33,488
-9,368
| -22% | -$768K |
|
1158
Ducommun
DCO
$2.77B
| $3.57M | ﹤0.01% |
68,525
+500
| +0.7% | +$24.4K |
|
1159
Jacobs Solutions
J
$16B
| $3.55M | ﹤0.01% |
33,028
+874
| +3% | +$95.2K |
|
1160
Fluence Energy
FLNC
$1.79B
| $3.51M | ﹤0.01% |
147,110
+9,322
| +7% | +$196K |
|
1161
ING
ING
$95.7B
| $3.5M | ﹤0.01% |
233,251
-25,271
| -10% | -$347K |
|
1162
Boston Properties
BXP
$11B
| $3.49M | ﹤0.01% |
49,777
-10,350
| -17% | -$611K |
|
1163
Tenet Healthcare
THC
$21B
| $3.49M | ﹤0.01% |
46,209
+4,196
| +10% | +$266K |
|
1164
Mercer International
MERC
$44.7M
| $3.47M | ﹤0.01% |
366,423
-49
| -0% | -$440 |
|
1165
Vanguard Russell 2000 Value ETF
VTWV
$1.29B
| $3.45M | ﹤0.01% |
25,283
-60
| -0.2% | -$7.31K |
|
1166
e.l.f. Beauty
ELF
$4.95B
| $3.43M | ﹤0.01% |
23,780
+3,604
| +18% | +$416K |
|
1167
Peapack-Gladstone Financial
PGC
$833M
| $3.43M | ﹤0.01% |
114,985
| – | – |
|
1168
Hormel Foods
HRL
$14.3B
| $3.42M | ﹤0.01% |
106,440
+2,079
| +2% | +$67.9K |
|
1169
Incyte
INCY
$23.7B
| $3.38M | ﹤0.01% |
53,757
+11,851
| +28% | +$670K |
|
1170
MP Materials
MP
$7.68B
| $3.37M | ﹤0.01% |
169,676
+34,014
| +25% | +$580K |
|
1171
Iron Mountain
IRM
$37.8B
| $3.36M | ﹤0.01% |
48,096
-26,976
| -36% | -$1.69M |
|
1172
AutoNation
AN
$7.1B
| $3.36M | ﹤0.01% |
22,341
-27,550
| -55% | -$3.8M |
|
1173
Equity Residential
EQR
$25.2B
| $3.35M | ﹤0.01% |
54,698
-3,755
| -6% | -$217K |
|
1174
Preformed Line Products
PLPC
$1.52B
| $3.34M | ﹤0.01% |
24,929
-3,171
| -11% | -$427K |
|
1175
Ford
F
$58.5B
| $3.31M | ﹤0.01% |
271,325
-86,889
| -24% | -$967K |
|
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.