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 | |
|---|---|---|---|---|---|---|
|
ATRI
1426
DELISTED
Atrion Corp
ATRI
| $1.54M | ﹤0.01% |
4,075
-6,056
| -60% | -$2.1M |
|
1427
Fresenius Medical Care
FMS
$13.4B
| $1.54M | ﹤0.01% |
74,101
-3,394
| -4% | -$65.2K |
|
1428
Franklin International Core Dividend Tilt Index ETF
DIVI
$2.66B
| $1.54M | ﹤0.01% |
50,186
+662
| +1% | +$19K |
|
1429
Kulicke & Soffa
KLIC
$5.14B
| $1.54M | ﹤0.01% |
28,108
-15
| -0.1% | -$728 |
|
1430
Photronics
PLAB
$1.76B
| $1.54M | ﹤0.01% |
48,994
-1,144
| -2% | -$25.4K |
|
|
NLOP
1431
Net Lease Office Properties
NLOP
$171M
| $1.53M | ﹤0.01% |
+82,851
| New | +$1.38M |
|
1432
NMI Holdings
NMIH
$3.27B
| $1.52M | ﹤0.01% |
51,273
-297
| -0.6% | -$8.29K |
|
|
BRSL
1433
Brightstar Lottery PLC
BRSL
$1.93B
| $1.52M | ﹤0.01% |
55,425
-65
| -0.1% | -$1.82K |
|
1434
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $1.52M | ﹤0.01% |
13,029
+880
| +7% | +$93.8K |
|
1435
Vanguard International Dividend Appreciation ETF
VIGI
$8.98B
| $1.51M | ﹤0.01% |
19,061
-688
| -3% | -$50.7K |
|
1436
Universal Corp
UVV
$1.34B
| $1.5M | ﹤0.01% |
22,318
-1,280
| -5% | -$68.6K |
|
1437
iShares MSCI Japan ETF
EWJ
$21.7B
| $1.5M | ﹤0.01% |
23,393
-12,639
| -35% | -$773K |
|
1438
Frontdoor
FTDR
$5.1B
| $1.5M | ﹤0.01% |
42,555
-260
| -0.6% | -$8.65K |
|
1439
Hawaiian Electric Industries
HE
$2.28B
| $1.49M | ﹤0.01% |
105,309
-71,891
| -41% | -$935K |
|
1440
Axos Financial
AX
$5.45B
| $1.49M | ﹤0.01% |
27,366
-28
| -0.1% | -$1.17K |
|
|
BERY
1441
DELISTED
Berry Global Group, Inc.
BERY
| $1.49M | ﹤0.01% |
24,081
+9,643
| +67% | +$544K |
|
1442
Willis Towers Watson
WTW
$28.6B
| $1.49M | ﹤0.01% |
6,162
+240
| +4% | +$55.5K |
|
1443
Bank of Hawaii
BOH
$3.17B
| $1.48M | ﹤0.01% |
20,416
-2,485
| -11% | -$143K |
|
1444
Tyson Foods
TSN
$21.4B
| $1.47M | ﹤0.01% |
27,343
-331,877
| -92% | -$16.1M |
|
1445
Northrim BanCorp
NRIM
$595M
| $1.47M | ﹤0.01% |
102,600
-13,000
| -11% | -$153K |
|
1446
Rapid7
RPD
$643M
| $1.46M | ﹤0.01% |
25,510
+89
| +0.4% | +$4.65K |
|
1447
Kyndryl
KD
$2.81B
| $1.45M | ﹤0.01% |
69,963
-3,286
| -4% | -$56.2K |
|
1448
Lennar Class B
LEN.B
$20.1B
| $1.45M | ﹤0.01% |
11,409
+955
| +9% | +$104K |
|
1449
Varonis Systems
VRNS
$5.36B
| $1.45M | ﹤0.01% |
32,085
+40
| +0.1% | +$1.5K |
|
|
UNIT
1450
Uniti Group
UNIT
$2.62B
| $1.45M | ﹤0.01% |
250,186
-1,113,491
| -82% | -$5.65M |
|
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.