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 | |
|---|---|---|---|---|---|---|
1201
Moderna
MRNA
$22.1B
| $3.07M | ﹤0.01% |
30,881
-566
| -2% | -$47.6K |
|
1202
Select Water Solutions
WTTR
$2.34B
| $3.07M | ﹤0.01% |
403,887
+146
| +0% | +$1.09K |
|
1203
Boise Cascade
BCC
$2.75B
| $3.06M | ﹤0.01% |
23,680
-628
| -3% | -$67.4K |
|
1204
LKQ Corp
LKQ
$6.69B
| $3.06M | ﹤0.01% |
63,944
+7,419
| +13% | +$346K |
|
1205
Smith & Nephew
SNN
$13.1B
| $3.05M | ﹤0.01% |
111,906
+9,242
| +9% | +$229K |
|
1206
Gentex
GNTX
$4.88B
| $3.05M | ﹤0.01% |
93,338
+11,950
| +15% | +$369K |
|
1207
Petrobras
PBR
$116B
| $3.04M | ﹤0.01% |
190,645
-4,436
| -2% | -$67.9K |
|
1208
iShares ESG Screened S&P Mid-Cap ETF
XJH
$423M
| $3.03M | ﹤0.01% |
80,334
+32,935
| +69% | +$1.13M |
|
1209
Anika Therapeutics
ANIK
$200M
| $3.03M | ﹤0.01% |
133,611
+19,276
| +17% | +$399K |
|
1210
United Bankshares
UBSI
$6.57B
| $3.02M | ﹤0.01% |
80,499
-8,441
| -9% | -$268K |
|
1211
CTS Corp
CTS
$1.73B
| $3.02M | ﹤0.01% |
69,086
+401
| +0.6% | +$16.2K |
|
1212
Globant
GLOB
$1.41B
| $3.02M | ﹤0.01% |
12,672
+111
| +0.9% | +$22.7K |
|
1213
Insulet
PODD
$11.4B
| $3.01M | ﹤0.01% |
13,870
-184,082
| -93% | -$31.6M |
|
1214
SPDR Gold MiniShares Trust
GLDM
$27.8B
| $3.01M | ﹤0.01% |
73,457
-891
| -1% | -$34.9K |
|
1215
Alico
ALCO
$286M
| $3M | ﹤0.01% |
103,315
-5,643
| -5% | -$151K |
|
1216
Commercial Vehicle Group
CVGI
$154M
| $2.99M | ﹤0.01% |
426,554
+24,854
| +6% | +$169K |
|
1217
FirstService
FSV
$6.45B
| $2.98M | ﹤0.01% |
18,384
-246,114
| -93% | -$37.2M |
|
1218
Crane Co
CR
$13.1B
| $2.97M | ﹤0.01% |
25,172
+22,557
| +863% | +$2.27M |
|
1219
Radian Group
RDN
$5.18B
| $2.95M | ﹤0.01% |
103,249
-2,825
| -3% | -$74.4K |
|
1220
PBF Energy
PBF
$7.43B
| $2.95M | ﹤0.01% |
66,999
+568
| +0.9% | +$25.8K |
|
1221
Insperity
NSP
$1.92B
| $2.91M | ﹤0.01% |
24,862
-543
| -2% | -$58.7K |
|
1222
iShares MSCI Intl Quality Factor ETF
IQLT
$13.6B
| $2.9M | ﹤0.01% |
77,325
-35,713
| -32% | -$1.25M |
|
1223
iShares MSCI KLD 400 Social ETF
DSI
$5.15B
| $2.9M | ﹤0.01% |
31,891
-1,000
| -3% | -$84.8K |
|
1224
Avista
AVA
$3.43B
| $2.89M | ﹤0.01% |
80,923
-4,857
| -6% | -$165K |
|
1225
Enterprise Products Partners
EPD
$82.5B
| $2.88M | ﹤0.01% |
109,468
-6,300
| -5% | -$168K |
|
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.