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 | |
|---|---|---|---|---|---|---|
1376
Vornado Realty Trust
VNO
$7.43B
| $1.77M | ﹤0.01% |
62,568
-186,573
| -75% | -$4.43M |
|
1377
First Financial Bancorp
FFBC
$3.52B
| $1.77M | ﹤0.01% |
74,420
-4,945
| -6% | -$103K |
|
1378
Warner Bros
WBD
$63.4B
| $1.76M | ﹤0.01% |
154,966
-101,146
| -39% | -$1.09M |
|
1379
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.9B
| $1.76M | ﹤0.01% |
22,215
| – | – |
|
1380
Innovative Industrial Properties
IIPR
$1.78B
| $1.75M | ﹤0.01% |
17,385
+371
| +2% | +$30.4K |
|
1381
Park Hotels & Resorts
PK
$3.02B
| $1.75M | ﹤0.01% |
114,357
+93,329
| +444% | +$1.29M |
|
1382
Dentsply Sirona
XRAY
$2.61B
| $1.74M | ﹤0.01% |
48,921
-36,246
| -43% | -$1.15M |
|
|
ITIC
1383
Investors Title Co
ITIC
$537M
| $1.74M | ﹤0.01% |
10,724
+2,776
| +35% | +$412K |
|
1384
Assurant
AIZ
$13.7B
| $1.73M | ﹤0.01% |
10,255
+7,371
| +256% | +$1.17M |
|
|
LTHM
1385
DELISTED
Livent Corporation
LTHM
| $1.73M | ﹤0.01% |
96,096
-1,209
| -1% | -$18.8K |
|
1386
The Ensign Group
ENSG
$10.4B
| $1.72M | ﹤0.01% |
15,362
+263
| +2% | +$27.2K |
|
|
PPTA
1387
Perpetua Resources
PPTA
$2.28B
| $1.72M | ﹤0.01% |
543,670
| – | – |
|
|
TE
1388
T1 Energy
TE
$1.37B
| $1.71M | ﹤0.01% |
915,700
+83,400
| +10% | +$225K |
|
|
BLD
1389
DELISTED
TopBuild
BLD
| $1.7M | ﹤0.01% |
4,549
+734
| +19% | +$210K |
|
1390
Howmet Aerospace
HWM
$115B
| $1.7M | ﹤0.01% |
31,423
-60,188
| -66% | -$2.97M |
|
1391
Cleveland-Cliffs
CLF
$6.99B
| $1.7M | ﹤0.01% |
83,079
-6,353
| -7% | -$109K |
|
1392
Federal Signal
FSS
$7.22B
| $1.7M | ﹤0.01% |
22,093
-19
| -0.1% | -$1.27K |
|
1393
National Health Investors
NHI
$3.85B
| $1.69M | ﹤0.01% |
30,186
+24
| +0.1% | +$1.27K |
|
1394
Community Bank
CBU
$3.5B
| $1.68M | ﹤0.01% |
32,322
-3,599
| -10% | -$162K |
|
1395
Elanco Animal Health
ELAN
$12.7B
| $1.68M | ﹤0.01% |
112,802
-4,825
| -4% | -$54.7K |
|
1396
Brown & Brown
BRO
$23.6B
| $1.68M | ﹤0.01% |
23,624
-15,712
| -40% | -$1.12M |
|
1397
NewMarket
NEU
$7.14B
| $1.67M | ﹤0.01% |
3,068
+301
| +11% | +$151K |
|
1398
PUT
iShares Russell 2000 ETF
IWM
$80.3B
| $1.67M | ﹤0.01% |
8,300
| – | – |
|
1399
Eagle Bancorp
EGBN
$857M
| $1.65M | ﹤0.01% |
54,871
+5,091
| +10% | +$120K |
|
1400
Crane NXT
CXT
$3.12B
| $1.65M | ﹤0.01% |
29,075
-14,183
| -33% | -$753K |
|
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.