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 | |
|---|---|---|---|---|---|---|
1351
EPR Properties
EPR
$4.85B
| $1.92M | ﹤0.01% |
39,633
+5,091
| +15% | +$227K |
|
1352
Century Casinos
CNTY
$32.6M
| $1.91M | ﹤0.01% |
392,262
| – | – |
|
1353
Benitec Biopharma
BNTC
$398M
| $1.91M | ﹤0.01% |
588,237
| – | – |
|
1354
ITT
ITT
$17.7B
| $1.9M | ﹤0.01% |
15,924
+9,354
| +142% | +$983K |
|
1355
Fulton Financial
FULT
$4.67B
| $1.89M | ﹤0.01% |
115,126
-38,910
| -25% | -$546K |
|
1356
Kite Realty
KRG
$5.99B
| $1.89M | ﹤0.01% |
82,539
-368
| -0.4% | -$7.86K |
|
1357
Generac Holdings
GNRC
$11.6B
| $1.88M | ﹤0.01% |
14,564
-2,620
| -15% | -$287K |
|
1358
American Financial Group
AFG
$12B
| $1.88M | ﹤0.01% |
15,807
-12,324
| -44% | -$1.39M |
|
|
ETW
1359
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.02B
| $1.87M | ﹤0.01% |
240,163
+4,090
| +2% | +$30.9K |
|
1360
Essent Group
ESNT
$6.12B
| $1.86M | ﹤0.01% |
35,191
+3,816
| +12% | +$187K |
|
1361
Invesco
IVZ
$13.3B
| $1.85M | ﹤0.01% |
103,674
-125,439
| -55% | -$1.81M |
|
1362
Insight Enterprises
NSIT
$3.71B
| $1.84M | ﹤0.01% |
10,411
-405
| -4% | -$63K |
|
1363
Takeda Pharmaceutical
TAK
$55.7B
| $1.83M | ﹤0.01% |
128,552
-54,473
| -30% | -$773K |
|
|
GMS
1364
DELISTED
GMS Inc
GMS
| $1.81M | ﹤0.01% |
21,979
-435
| -2% | -$29.1K |
|
1365
CareTrust REIT
CTRE
$10.1B
| $1.81M | ﹤0.01% |
80,951
-23,888
| -23% | -$529K |
|
1366
AppFolio
APPF
$5.98B
| $1.81M | ﹤0.01% |
10,441
+1,211
| +13% | +$227K |
|
1367
Jackson Financial
JXN
$8.44B
| $1.81M | ﹤0.01% |
35,266
+17,124
| +94% | +$754K |
|
1368
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $1.8M | ﹤0.01% |
42,706
-14,670
| -26% | -$553K |
|
1369
Kinsale Capital Group
KNSL
$8.24B
| $1.8M | ﹤0.01% |
5,373
-1,959
| -27% | -$727K |
|
1370
Federal Realty Investment Trust
FRT
$11B
| $1.78M | ﹤0.01% |
17,304
+757
| +5% | +$71.4K |
|
1371
H.B. Fuller
FUL
$3.04B
| $1.78M | ﹤0.01% |
21,825
-1,480
| -6% | -$109K |
|
1372
iShares Russell Mid-Cap Growth ETF
IWP
$19.8B
| $1.77M | ﹤0.01% |
16,940
+4
| +0% | +$379 |
|
|
WIRE
1373
DELISTED
Encore Wire Corp
WIRE
| $1.77M | ﹤0.01% |
8,284
-292
| -3% | -$55.6K |
|
1374
M&T Bank
MTB
$36B
| $1.77M | ﹤0.01% |
12,908
-740
| -5% | -$93K |
|
1375
iShares ESG Screened S&P Small-Cap ETF
XJR
$186M
| $1.77M | ﹤0.01% |
46,237
+14,265
| +45% | +$484K |
|
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.