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 | |
|---|---|---|---|---|---|---|
126
NXP Semiconductors
NXPI
$68.2B
| $448M | 0.21% |
1,949,722
-86,080
| -4% | -$17.3M |
|
127
Applied Materials
AMAT
$430B
| $443M | 0.21% |
2,732,973
-696,433
| -20% | -$102M |
|
128
Capital One
COF
$124B
| $442M | 0.21% |
3,372,082
-209,390
| -6% | -$22.6M |
|
129
Norfolk Southern
NSC
$78.9B
| $438M | 0.2% |
1,853,578
-62,702
| -3% | -$13.1M |
|
130
Tyler Technologies
TYL
$12.2B
| $435M | 0.2% |
1,040,341
+64,889
| +7% | +$25.9M |
|
131
Parker-Hannifin
PH
$124B
| $433M | 0.2% |
939,988
-19,696
| -2% | -$8.2M |
|
132
Voya Financial
VOYA
$8.88B
| $430M | 0.2% |
5,899,738
-83,560
| -1% | -$5.83M |
|
133
Lattice Semiconductor
LSCC
$18.1B
| $430M | 0.2% |
6,236,871
+1,889,110
| +43% | +$126M |
|
134
Regeneron Pharmaceuticals
REGN
$69.3B
| $425M | 0.2% |
484,113
+903
| +0.2% | +$744K |
|
|
FISV
135
Fiserv Inc
FISV
$27.3B
| $423M | 0.2% |
3,181,128
-746,571
| -19% | -$91.6M |
|
136
Humana
HUM
$47B
| $419M | 0.2% |
915,186
-190,529
| -17% | -$93.9M |
|
137
Philip Morris
PM
$303B
| $417M | 0.2% |
4,437,435
+25,344
| +0.6% | +$2.33M |
|
138
Gartner
IT
$9.36B
| $415M | 0.19% |
920,716
+143,556
| +18% | +$57.3M |
|
139
Advanced Micro Devices
AMD
$862B
| $413M | 0.19% |
2,801,952
+9,763
| +0.3% | +$1.15M |
|
140
monday.com
MNDY
$3.22B
| $412M | 0.19% |
2,191,928
-108,014
| -5% | -$17.4M |
|
141
iShares Core S&P 500 ETF
IVV
$877B
| $409M | 0.19% |
856,204
+59,675
| +7% | +$26.7M |
|
142
Shell
SHEL
$244B
| $406M | 0.19% |
6,173,651
+143,910
| +2% | +$9.44M |
|
143
Trane Technologies
TT
$106B
| $404M | 0.19% |
1,655,459
+243,996
| +17% | +$53.4M |
|
144
Costco
COST
$413B
| $403M | 0.19% |
610,373
-3,029
| -0.5% | -$1.8M |
|
145
Entergy
ETR
$53.9B
| $401M | 0.19% |
7,923,718
+1,592,632
| +25% | +$77.7M |
|
146
Amphenol
APH
$189B
| $398M | 0.19% |
8,031,256
+41,042
| +0.5% | +$1.81M |
|
147
Franklin US Treasury Bond ETF
FLGV
$1.03B
| $397M | 0.19% |
19,064,237
+1,364,853
| +8% | +$27.5M |
|
148
HCA Healthcare
HCA
$84.1B
| $397M | 0.19% |
1,465,268
-17,370
| -1% | -$4.29M |
|
149
Coca-Cola
KO
$353B
| $396M | 0.19% |
6,715,065
+710,560
| +12% | +$40.4M |
|
150
EOG Resources
EOG
$78B
| $395M | 0.18% |
3,265,952
+10,506
| +0.3% | +$1.31M |
|
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.