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 | |
|---|---|---|---|---|---|---|
1401
Bankunited
BKU
$3.38B
| $1.65M | ﹤0.01% |
50,853
-43
| -0.1% | -$1.11K |
|
1402
Warrior Met Coal
HCC
$4.27B
| $1.64M | ﹤0.01% |
26,970
-554
| -2% | -$29.2K |
|
1403
Amphastar Pharmaceuticals
AMPH
$842M
| $1.64M | ﹤0.01% |
26,564
-186
| -0.7% | -$9.77K |
|
1404
Armstrong World Industries
AWI
$7.08B
| $1.64M | ﹤0.01% |
+16,674
| New | +$1.38M |
|
1405
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $1.64M | ﹤0.01% |
21,178
-182
| -0.9% | -$13.6K |
|
1406
CONMED
CNMD
$1.3B
| $1.64M | ﹤0.01% |
14,966
+140
| +0.9% | +$14.5K |
|
1407
DigitalBridge
DBRG
$2.94B
| $1.63M | ﹤0.01% |
92,896
+78,723
| +555% | +$1.3M |
|
1408
ZTO Express
ZTO
$18.2B
| $1.63M | ﹤0.01% |
76,457
-6,047
| -7% | -$137K |
|
1409
Extreme Networks
EXTR
$3.91B
| $1.63M | ﹤0.01% |
92,229
-2,150
| -2% | -$40.6K |
|
|
BZUN
1410
Baozun
BZUN
$163M
| $1.62M | ﹤0.01% |
591,229
-251,073
| -30% | -$739K |
|
|
MDC
1411
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.62M | ﹤0.01% |
29,245
-535
| -2% | -$23.7K |
|
1412
Haleon
HLN
$43.9B
| $1.61M | ﹤0.01% |
195,695
+742
| +0.4% | +$6.12K |
|
|
PDM
1413
Piedmont Realty Trust
PDM
$1.22B
| $1.61M | ﹤0.01% |
225,872
-23,298
| -9% | -$141K |
|
1414
Banco Bilbao Vizcaya Argentaria
BBVA
$146B
| $1.6M | ﹤0.01% |
176,047
+1,658
| +1% | +$14.3K |
|
1415
First Bancorp
FBP
$4.4B
| $1.59M | ﹤0.01% |
96,902
-304
| -0.3% | -$4.49K |
|
1416
American States Water
AWR
$3.37B
| $1.59M | ﹤0.01% |
19,756
-740
| -4% | -$59.2K |
|
1417
LXP Industrial Trust
LXP
$3.54B
| $1.58M | ﹤0.01% |
31,870
-5,473
| -15% | -$239K |
|
|
SWAV
1418
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $1.58M | ﹤0.01% |
8,295
-114,915
| -93% | -$21.7M |
|
1419
Acadia Pharmaceuticals
ACAD
$4.39B
| $1.58M | ﹤0.01% |
50,405
+803
| +2% | +$19.2K |
|
1420
Enova International
ENVA
$6.11B
| $1.58M | ﹤0.01% |
28,479
-281
| -1% | -$13K |
|
1421
KT
KT
$8.92B
| $1.57M | ﹤0.01% |
116,683
-280
| -0.2% | -$3.58K |
|
1422
Diodes
DIOD
$3.89B
| $1.56M | ﹤0.01% |
19,414
-561
| -3% | -$41K |
|
1423
Trex
TREX
$4.52B
| $1.56M | ﹤0.01% |
+18,877
| New | +$1.25M |
|
|
JWN
1424
DELISTED
Nordstrom
JWN
| $1.55M | ﹤0.01% |
84,039
+16,625
| +25% | +$255K |
|
1425
ESCO Technologies
ESE
$8.26B
| $1.55M | ﹤0.01% |
13,231
+221
| +2% | +$23.2K |
|
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.