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 | |
|---|---|---|---|---|---|---|
1226
KE Holdings
BEKE
$17.4B
| $2.88M | ﹤0.01% |
177,868
+34,453
| +24% | +$533K |
|
1227
Sea Limited
SE
$63.9B
| $2.87M | ﹤0.01% |
70,840
-352,563
| -83% | -$14.4M |
|
1228
Franklin FTSE Japan ETF
FLJP
$3.94B
| $2.86M | ﹤0.01% |
102,175
-110,012
| -52% | -$2.94M |
|
1229
UFP Technologies
UFPT
$1.92B
| $2.84M | ﹤0.01% |
16,506
-1,123
| -6% | -$182K |
|
1230
Atkore
ATKR
$2.54B
| $2.84M | ﹤0.01% |
17,734
-498
| -3% | -$68.7K |
|
1231
Axcelis
ACLS
$3.94B
| $2.82M | ﹤0.01% |
21,763
-66
| -0.3% | -$9.1K |
|
|
CIVI
1232
DELISTED
Civitas Resources
CIVI
| $2.8M | ﹤0.01% |
41,007
-112
| -0.3% | -$8.02K |
|
1233
Fortune Brands Innovations
FBIN
$6.14B
| $2.8M | ﹤0.01% |
36,711
+1,394
| +4% | +$91.8K |
|
1234
Applied Industrial Technologies
AIT
$12.9B
| $2.78M | ﹤0.01% |
16,127
-77
| -0.5% | -$12.5K |
|
1235
Rivian
RIVN
$23.9B
| $2.77M | ﹤0.01% |
118,255
+14,104
| +14% | +$265K |
|
1236
EXL Service
EXLS
$4.36B
| $2.77M | ﹤0.01% |
89,897
-3,043
| -3% | -$86.1K |
|
1237
Energy Transfer Partners
ET
$68.5B
| $2.76M | ﹤0.01% |
200,263
| – | – |
|
|
NSA
1238
DELISTED
National Storage Affiliates Trust
NSA
| $2.76M | ﹤0.01% |
66,535
-7,496
| -10% | -$251K |
|
1239
Entravision Communication
EVC
$1.02B
| $2.76M | ﹤0.01% |
661,620
-7,528
| -1% | -$29.8K |
|
1240
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.4B
| $2.76M | ﹤0.01% |
24,912
-710
| -3% | -$73.9K |
|
1241
MGM Resorts International
MGM
$11.8B
| $2.75M | ﹤0.01% |
61,579
+590
| +1% | +$23.1K |
|
1242
Allegion
ALLE
$13.4B
| $2.74M | ﹤0.01% |
21,635
-477,995
| -96% | -$51.1M |
|
|
CHUY
1243
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $2.73M | ﹤0.01% |
71,404
+102
| +0.1% | +$3.57K |
|
1244
Halozyme
HALO
$9.66B
| $2.73M | ﹤0.01% |
73,795
+59
| +0.1% | +$2.22K |
|
1245
Royalty Pharma
RPRX
$26B
| $2.71M | ﹤0.01% |
96,361
+25,716
| +36% | +$707K |
|
|
HOLX
1246
DELISTED
Hologic
HOLX
| $2.69M | ﹤0.01% |
37,675
-25,488
| -40% | -$1.77M |
|
1247
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.64B
| $2.69M | ﹤0.01% |
27,394
| – | – |
|
1248
iShares Biotechnology ETF
IBB
$9.44B
| $2.69M | ﹤0.01% |
19,769
-1,134
| -5% | -$138K |
|
1249
Henry Schein
HSIC
$9.64B
| $2.68M | ﹤0.01% |
35,393
-16
| -0% | -$1.12K |
|
|
PDS
1250
Precision Drilling
PDS
$1.04B
| $2.66M | ﹤0.01% |
48,957
+3,683
| +8% | +$213K |
|
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.