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 | 14.38% |
| 3 | Financials | 10.56% |
| 4 | Industrials | 10.07% |
| 5 | Consumer Discretionary | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Uber
UBER
$155B
| $504M | 0.24% |
8,184,831
+319,191
| +4% | +$16.7M |
|
102
Edison International
EIX
$21.8B
| $501M | 0.23% |
7,008,707
-1,025,116
| -13% | -$67.4M |
|
103
Nasdaq
NDAQ
$54.2B
| $494M | 0.23% |
8,494,704
+19,856
| +0.2% | +$1.05M |
|
104
General Motors
GM
$77B
| $493M | 0.23% |
13,731,249
+1,472,297
| +12% | +$45.5M |
|
105
Franklin Investment Grade Corporate ETF
FLCO
$553M
| $491M | 0.23% |
22,684,810
-2,975,849
| -12% | -$61.3M |
|
|
AXON
106
Axon Enterprise
AXON
$41.9B
| $488M | 0.23% |
1,889,004
+185,454
| +11% | +$41.8M |
|
107
CrowdStrike
CRWD
$218B
| $483M | 0.23% |
7,562,088
-1,291,052
| -15% | -$67.6M |
|
108
Bristol-Myers Squibb
BMY
$136B
| $480M | 0.22% |
9,357,199
+2,510,134
| +37% | +$132M |
|
109
Dominion Energy
D
$57.9B
| $478M | 0.22% |
10,166,186
-3,831,188
| -27% | -$171M |
|
110
Icon
ICLR
$12.7B
| $477M | 0.22% |
1,684,269
-195,674
| -10% | -$50.6M |
|
111
Atlassian
TEAM
$48B
| $477M | 0.22% |
2,003,385
-172,097
| -8% | -$33.8M |
|
112
Kraft Heinz
KHC
$29.5B
| $472M | 0.22% |
12,772,565
-736,293
| -5% | -$25M |
|
113
Eaton
ETN
$160B
| $471M | 0.22% |
1,957,864
+118,544
| +6% | +$26.2M |
|
114
International Paper
IP
$19.7B
| $471M | 0.22% |
13,030,839
+4,960,005
| +61% | +$173M |
|
115
Amgen
AMGN
$236B
| $468M | 0.22% |
1,625,210
-163,004
| -9% | -$44.4M |
|
116
Monster Beverage
MNST
$85.8B
| $468M | 0.22% |
16,243,458
-467,744
| -3% | -$12.5M |
|
117
General Dynamics
GD
$97.2B
| $467M | 0.22% |
1,799,496
+1,994
| +0.1% | +$486K |
|
118
Williams Companies
WMB
$90.7B
| $461M | 0.22% |
13,236,867
-2,079,309
| -14% | -$73M |
|
119
Ares Management
ARES
$31.6B
| $461M | 0.22% |
3,872,559
+71,819
| +2% | +$7.8M |
|
120
CBRE Group
CBRE
$42.8B
| $459M | 0.21% |
4,931,471
-562,000
| -10% | -$43.7M |
|
121
American Electric Power
AEP
$67.8B
| $455M | 0.21% |
5,602,681
-852,426
| -13% | -$66.2M |
|
122
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.12B
| $454M | 0.21% |
9,519,384
+681,109
| +8% | +$30.6M |
|
123
Intercontinental Exchange
ICE
$90.5B
| $453M | 0.21% |
3,528,415
+60,527
| +2% | +$6.86M |
|
124
AerCap
AER
$22.9B
| $453M | 0.21% |
6,090,321
+1,476,236
| +32% | +$97.5M |
|
125
Kenvue
KVUE
$36B
| $448M | 0.21% |
20,815,804
+8,555,319
| +70% | +$171M |
|
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 $7.45B 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.