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 | |
|---|---|---|---|---|---|---|
1176
iShares MSCI India ETF
INDA
$6.77B
| $3.3M | ﹤0.01% |
67,644
| – | – |
|
1177
Petrobras Class A
PBR.A
$103B
| $3.3M | ﹤0.01% |
215,995
-10,800
| -5% | -$155K |
|
1178
Harrow
HROW
$1.4B
| $3.3M | ﹤0.01% |
294,221
+64,252
| +28% | +$760K |
|
1179
Krystal Biotech
KRYS
$10.4B
| $3.29M | ﹤0.01% |
26,546
+68
| +0.3% | +$7.54K |
|
1180
SM Energy
SM
$7.26B
| $3.28M | ﹤0.01% |
84,661
-2,300
| -3% | -$88.7K |
|
1181
Matsons
MATX
$6.22B
| $3.26M | ﹤0.01% |
29,783
+4,043
| +16% | +$384K |
|
1182
QuinStreet
QNST
$893M
| $3.26M | ﹤0.01% |
254,409
+3
| +0% | +$34 |
|
|
KE
1183
Kimball Electronics
KE
$598M
| $3.25M | ﹤0.01% |
120,546
-25
| -0% | -$644 |
|
1184
First Internet Bancorp
INBK
$231M
| $3.24M | ﹤0.01% |
134,124
-1,633
| -1% | -$31.6K |
|
1185
Texas Pacific Land
TPL
$27.4B
| $3.21M | ﹤0.01% |
18,360
+1,800
| +11% | +$342K |
|
1186
Investar Holding Corp
ISTR
$416M
| $3.21M | ﹤0.01% |
215,100
+34,175
| +19% | +$389K |
|
1187
UGI
UGI
$7.91B
| $3.2M | ﹤0.01% |
130,213
-29,600
| -19% | -$653K |
|
1188
OneMain Financial
OMF
$7.08B
| $3.2M | ﹤0.01% |
65,078
+2,936
| +5% | +$120K |
|
1189
Howard Hughes
HHH
$3.93B
| $3.2M | ﹤0.01% |
39,218
-1,853
| -5% | -$130K |
|
1190
HSBC
HSBC
$357B
| $3.19M | ﹤0.01% |
78,710
-10,465
| -12% | -$405K |
|
1191
Avnet
AVT
$7.25B
| $3.16M | ﹤0.01% |
62,604
+12,962
| +26% | +$617K |
|
1192
Vanguard Energy ETF
VDE
$9.87B
| $3.15M | ﹤0.01% |
26,844
-800
| -3% | -$95.9K |
|
1193
Timken Company
TKR
$9.81B
| $3.14M | ﹤0.01% |
39,152
-787
| -2% | -$57.9K |
|
1194
AptarGroup
ATR
$8.51B
| $3.13M | ﹤0.01% |
25,337
-1,201
| -5% | -$151K |
|
1195
Rambus
RMBS
$10.4B
| $3.13M | ﹤0.01% |
45,810
-3,944
| -8% | -$246K |
|
|
CPRX
1196
DELISTED
Catalyst Pharmaceutical
CPRX
| $3.13M | ﹤0.01% |
185,923
+33,397
| +22% | +$457K |
|
1197
Universal Health Services
UHS
$9.64B
| $3.11M | ﹤0.01% |
20,385
+2,965
| +17% | +$399K |
|
1198
Resources Connection
RGP
$133M
| $3.1M | ﹤0.01% |
219,060
+13,977
| +7% | +$196K |
|
1199
Arrow Electronics
ARW
$10.9B
| $3.1M | ﹤0.01% |
25,329
-31,991
| -56% | -$3.82M |
|
1200
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.66B
| $3.08M | ﹤0.01% |
46,282
+33,806
| +271% | +$2.17M |
|
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.