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 | |
|---|---|---|---|---|---|---|
1476
Coca-Cola Consolidated
COKE
$12.3B
| $1.37M | ﹤0.01% |
14,710
+170
| +1% | +$12.3K |
|
1477
Telephone and Data Systems
TDS
$3.92B
| $1.36M | ﹤0.01% |
74,215
+2,892
| +4% | +$53.4K |
|
|
LNW
1478
DELISTED
Light & Wonder
LNW
| $1.36M | ﹤0.01% |
+16,570
| New | +$1.33M |
|
1479
Goodyear
GT
$2.07B
| $1.36M | ﹤0.01% |
94,814
-386
| -0.4% | -$5.13K |
|
1480
Sanmina
SANM
$11B
| $1.36M | ﹤0.01% |
26,419
-4,855
| -16% | -$248K |
|
1481
iShares Global REIT ETF
REET
$5.17B
| $1.36M | ﹤0.01% |
56,051
+10,403
| +23% | +$228K |
|
1482
Occidental Petroleum Corp Warrants
OXY.WS
$32B
| $1.35M | ﹤0.01% |
34,764
-20
| -0.1% | -$783 |
|
1483
iShares MSCI Emerging Markets ex China ETF
EMXC
$23.2B
| $1.35M | ﹤0.01% |
24,373
+4,217
| +21% | +$217K |
|
1484
Four Corners Property Trust
FCPT
$2.86B
| $1.35M | ﹤0.01% |
53,334
-3,739
| -7% | -$85.7K |
|
1485
Eastman Chemical
EMN
$7.82B
| $1.35M | ﹤0.01% |
14,997
-2,173
| -13% | -$173K |
|
1486
Sun Communities
SUI
$15B
| $1.34M | ﹤0.01% |
10,060
-1,183
| -11% | -$142K |
|
1487
Progyny
PGNY
$2.48B
| $1.34M | ﹤0.01% |
36,073
-794
| -2% | -$26.7K |
|
|
PCH
1488
DELISTED
PotlatchDeltic
PCH
| $1.34M | ﹤0.01% |
27,287
+395
| +1% | +$18.1K |
|
1489
RLJ Lodging Trust
RLJ
$1.89B
| $1.34M | ﹤0.01% |
114,239
+60
| +0.1% | +$623 |
|
1490
Beazer Homes USA
BZH
$915M
| $1.34M | ﹤0.01% |
39,622
-35
| -0.1% | -$957 |
|
1491
Zoom
ZM
$26.5B
| $1.34M | ﹤0.01% |
18,585
-32,518
| -64% | -$2.15M |
|
|
AAT
1492
American Assets Trust
AAT
$1.49B
| $1.33M | ﹤0.01% |
58,951
-9,432
| -14% | -$187K |
|
|
ROIC
1493
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $1.32M | ﹤0.01% |
94,220
-8,806
| -9% | -$111K |
|
|
DLA
1494
DELISTED
Delta Apparel Inc.
DLA
| $1.32M | ﹤0.01% |
184,890
+21,340
| +13% | +$177K |
|
1495
Acushnet Holdings
GOLF
$6.12B
| $1.31M | ﹤0.01% |
20,815
+317
| +2% | +$17.8K |
|
1496
Teledyne Technologies
TDY
$30.1B
| $1.31M | ﹤0.01% |
2,935
-1,833
| -38% | -$736K |
|
1497
PUT
Amazon
AMZN
$2.52T
| $1.31M | ﹤0.01% |
8,600
-2,000
| -19% | -$280K |
|
|
AMWD
1498
DELISTED
American Woodmark
AMWD
| $1.3M | ﹤0.01% |
14,026
+79
| +0.6% | +$6.15K |
|
1499
Huazhu Hotels Group
HTHT
$12.7B
| $1.3M | ﹤0.01% |
38,942
-2,324
| -6% | -$83.1K |
|
1500
The Bancorp
TBBK
$2.82B
| $1.3M | ﹤0.01% |
33,608
+7,389
| +28% | +$276K |
|
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.