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 | |
|---|---|---|---|---|---|---|
1276
Spectrum Brands
SPB
$2.04B
| $2.49M | ﹤0.01% |
31,175
+5,375
| +21% | +$405K |
|
1277
VF Corp
VFC
$6.72B
| $2.47M | ﹤0.01% |
131,622
-17,625
| -12% | -$302K |
|
1278
Futu Holdings
FUTU
$14.6B
| $2.47M | ﹤0.01% |
+45,287
| New | +$2.57M |
|
1279
GSK
GSK
$104B
| $2.45M | ﹤0.01% |
64,336
+602
| +0.9% | +$21.6K |
|
1280
Quaker Houghton
KWR
$2.63B
| $2.44M | ﹤0.01% |
11,451
+9
| +0.1% | +$1.55K |
|
1281
Ally Financial
ALLY
$13.3B
| $2.44M | ﹤0.01% |
69,901
-162,376
| -70% | -$4.54M |
|
1282
Trimble
TRMB
$13B
| $2.44M | ﹤0.01% |
45,808
-4,120
| -8% | -$196K |
|
|
ALE
1283
DELISTED
Allete
ALE
| $2.44M | ﹤0.01% |
39,844
-3,611
| -8% | -$203K |
|
1284
Xerox
XRX
$357M
| $2.43M | ﹤0.01% |
132,811
+74,382
| +127% | +$1.1M |
|
|
FLHK
1285
DELISTED
Franklin FTSE Hong Kong ETF
FLHK
| $2.43M | ﹤0.01% |
133,563
| – | – |
|
1286
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| $2.41M | ﹤0.01% |
33,473
-211
| -0.6% | -$14.6K |
|
1287
iShares ESG Screened S&P 500 ETF
XVV
$640M
| $2.41M | ﹤0.01% |
+66,218
| New | +$2.25M |
|
1288
PUT
Invesco QQQ Trust
QQQ
$449B
| $2.38M | ﹤0.01% |
5,800
| – | – |
|
1289
Vanguard High Dividend Yield ETF
VYM
$81.3B
| $2.35M | ﹤0.01% |
21,080
+5,829
| +38% | +$612K |
|
1290
Digi International
DGII
$2.55B
| $2.35M | ﹤0.01% |
90,476
+28,556
| +46% | +$709K |
|
1291
Weatherford International
WFRD
$6.16B
| $2.35M | ﹤0.01% |
23,993
-126,853
| -84% | -$11.8M |
|
1292
Franklin FTSE China ETF
FLCH
$280M
| $2.34M | ﹤0.01% |
145,714
| – | – |
|
1293
iShares MSCI ACWI ETF
ACWI
$32.5B
| $2.34M | ﹤0.01% |
22,975
+1,812
| +9% | +$173K |
|
|
EXAS
1294
DELISTED
Exact Sciences
EXAS
| $2.33M | ﹤0.01% |
31,496
+872
| +3% | +$57.2K |
|
|
SGI
1295
Somnigroup International
SGI
$15.3B
| $2.33M | ﹤0.01% |
45,655
-23,288
| -34% | -$988K |
|
1296
Lincoln National
LNC
$7.88B
| $2.32M | ﹤0.01% |
85,916
-3,478
| -4% | -$83.6K |
|
1297
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$39B
| $2.29M | ﹤0.01% |
45,900
+450
| +1% | +$21.7K |
|
|
DEA
1298
Easterly Government Properties
DEA
$1.17B
| $2.29M | ﹤0.01% |
68,115
-3,512
| -5% | -$104K |
|
1299
Reinsurance Group of America
RGA
$15.7B
| $2.28M | ﹤0.01% |
14,119
-10,035
| -42% | -$1.56M |
|
1300
Mueller Industries
MLI
$14.2B
| $2.28M | ﹤0.01% |
96,608
-2,136
| -2% | -$43.1K |
|
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.