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 | |
|---|---|---|---|---|---|---|
1501
Bloomin' Brands
BLMN
$680M
| $1.3M | ﹤0.01% |
46,030
-22,699
| -33% | -$552K |
|
1502
Coinbase
COIN
$41.7B
| $1.3M | ﹤0.01% |
7,447
+1,156
| +18% | +$126K |
|
1503
Acadia Healthcare
ACHC
$3.17B
| $1.29M | ﹤0.01% |
16,632
+3,856
| +30% | +$285K |
|
1504
Daktronics
DAKT
$941M
| $1.29M | ﹤0.01% |
152,486
-234,579
| -61% | -$2.24M |
|
1505
Invesco MSCI Sustainable Future ETF
ERTH
$132M
| $1.29M | ﹤0.01% |
27,360
| – | – |
|
1506
Customers Bancorp
CUBI
$2.59B
| $1.29M | ﹤0.01% |
22,412
-28
| -0.1% | -$1.22K |
|
1507
Bio-Techne
TECH
$11.2B
| $1.29M | ﹤0.01% |
16,712
-2,395
| -13% | -$158K |
|
1508
Cooper Companies
COO
$13.7B
| $1.29M | ﹤0.01% |
13,604
+164
| +1% | +$13.8K |
|
1509
PUT
Berkshire Hathaway Class B
BRK.B
$1.07T
| $1.28M | ﹤0.01% |
3,600
| – | – |
|
1510
CarMax
KMX
$8.27B
| $1.28M | ﹤0.01% |
16,706
+212
| +1% | +$14.3K |
|
1511
Andersons Inc
ANDE
$2.65B
| $1.28M | ﹤0.01% |
22,259
-552
| -2% | -$28.6K |
|
1512
Advance Auto Parts
AAP
$3.37B
| $1.26M | ﹤0.01% |
20,638
-13,030
| -39% | -$713K |
|
1513
Scorpio Tankers
STNG
$3.96B
| $1.26M | ﹤0.01% |
20,668
+464
| +2% | +$26.1K |
|
1514
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $1.24M | ﹤0.01% |
39,795
+15,754
| +66% | +$471K |
|
1515
FlexShares Quality Dividend Defensive Index Fund
QDEF
$543M
| $1.24M | ﹤0.01% |
+21,009
| New | +$1.18M |
|
1516
AB InBev
BUD
$158B
| $1.24M | ﹤0.01% |
19,139
+201
| +1% | +$11.9K |
|
1517
Par Pacific Holdings
PARR
$3.88B
| $1.24M | ﹤0.01% |
33,992
+12,071
| +55% | +$407K |
|
1518
SunCoke Energy
SXC
$757M
| $1.24M | ﹤0.01% |
115,064
+321
| +0.3% | +$3.06K |
|
1519
ePlus
PLUS
$2.33B
| $1.23M | ﹤0.01% |
15,418
+362
| +2% | +$24.2K |
|
1520
Prestige Consumer Healthcare
PBH
$2.35B
| $1.23M | ﹤0.01% |
20,057
+1,764
| +10% | +$105K |
|
1521
BlueLinx
BXC
$455M
| $1.23M | ﹤0.01% |
10,812
-17
| -0.2% | -$1.47K |
|
1522
California Resources
CRC
$4.75B
| $1.22M | ﹤0.01% |
22,371
+4,720
| +27% | +$248K |
|
1523
Jack Henry & Associates
JKHY
$10.7B
| $1.22M | ﹤0.01% |
7,485
+332
| +5% | +$50.8K |
|
|
IBTX
1524
DELISTED
Independent Bank Group, Inc.
IBTX
| $1.22M | ﹤0.01% |
24,016
-7,114
| -23% | -$289K |
|
1525
ONE Gas
OGS
$5.05B
| $1.22M | ﹤0.01% |
19,155
-8,889
| -32% | -$562K |
|
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.