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 | |
|---|---|---|---|---|---|---|
1251
Principal Financial Group
PFG
$24B
| $2.66M | ﹤0.01% |
33,763
-5,755
| -15% | -$417K |
|
|
CTR
1252
DELISTED
ClearBridge MLP and Midstream Total Return Fund Inc.
CTR
| $2.65M | ﹤0.01% |
73,015
| – | – |
|
1253
CoreCivic
CXW
$3.09B
| $2.64M | ﹤0.01% |
181,433
+3,014
| +2% | +$39.8K |
|
|
DOC
1254
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $2.63M | ﹤0.01% |
197,644
-19,961
| -9% | -$237K |
|
1255
Eagle Materials
EXP
$6.69B
| $2.61M | ﹤0.01% |
12,885
-7,890
| -38% | -$1.39M |
|
1256
Organon & Co
OGN
$3.56B
| $2.61M | ﹤0.01% |
180,815
+64,683
| +56% | +$880K |
|
1257
Watts Water Technologies
WTS
$11.5B
| $2.6M | ﹤0.01% |
12,480
+34
| +0.3% | +$6.42K |
|
1258
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $2.6M | ﹤0.01% |
29,167
+99
| +0.3% | +$8.34K |
|
|
ESGR
1259
DELISTED
Enstar Group
ESGR
| $2.59M | ﹤0.01% |
8,793
+2,786
| +46% | +$728K |
|
1260
iShares ESG Aware US Aggregate Bond ETF
EAGG
$4.98B
| $2.58M | ﹤0.01% |
54,119
+43,764
| +423% | +$2M |
|
1261
Sprouts Farmers Market
SFM
$7.23B
| $2.58M | ﹤0.01% |
53,625
-1,649
| -3% | -$72.1K |
|
1262
Dell
DELL
$276B
| $2.58M | ﹤0.01% |
33,685
+7,936
| +31% | +$561K |
|
|
DOCU
1263
DocuSign
DOCU
$10.1B
| $2.58M | ﹤0.01% |
43,325
+6,397
| +17% | +$293K |
|
1264
United Airlines
UAL
$39.1B
| $2.57M | ﹤0.01% |
62,381
-156,588
| -72% | -$6.16M |
|
1265
Bar Harbor Bankshares
BHB
$659M
| $2.55M | ﹤0.01% |
86,873
-7,895
| -8% | -$207K |
|
1266
Terex
TEX
$7.89B
| $2.55M | ﹤0.01% |
44,376
-1,292
| -3% | -$66.8K |
|
1267
Huntington Ingalls Industries
HII
$11.4B
| $2.53M | ﹤0.01% |
9,755
+6,083
| +166% | +$1.42M |
|
1268
Vanguard Total International Stock ETF
VXUS
$153B
| $2.53M | ﹤0.01% |
43,691
-1,839
| -4% | -$100K |
|
1269
LSI Industries
LYTS
$854M
| $2.53M | ﹤0.01% |
179,763
+16,300
| +10% | +$231K |
|
1270
GoDaddy
GDDY
$12.8B
| $2.51M | ﹤0.01% |
23,605
+8,675
| +58% | +$776K |
|
1271
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.35B
| $2.5M | ﹤0.01% |
28,700
| – | – |
|
1272
Badger Meter
BMI
$3.71B
| $2.5M | ﹤0.01% |
16,204
-48
| -0.3% | -$6.99K |
|
1273
BrandywineGLOBAL US Fixed Income ETF
USFI
$9.72M
| $2.5M | ﹤0.01% |
100,000
| – | – |
|
1274
Modine Manufacturing
MOD
$12.2B
| $2.5M | ﹤0.01% |
41,841
+456
| +1% | +$22.3K |
|
1275
Raymond James Financial
RJF
$33.3B
| $2.49M | ﹤0.01% |
22,359
+157
| +0.7% | +$16.2K |
|
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.