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 | |
|---|---|---|---|---|---|---|
1551
Brookfield Renewable
BEPC
$6.12B
| $1.12M | ﹤0.01% |
38,851
-26,184
| -40% | -$668K |
|
1552
AXT Inc
AXTI
$3.09B
| $1.12M | ﹤0.01% |
465,948
+149,048
| +47% | +$333K |
|
1553
Asbury Automotive
ABG
$4.19B
| $1.11M | ﹤0.01% |
4,953
+17
| +0.3% | +$3.59K |
|
1554
Blackbaud
BLKB
$1.5B
| $1.11M | ﹤0.01% |
12,840
+183
| +1% | +$13.8K |
|
1555
Navient
NAVI
$774M
| $1.11M | ﹤0.01% |
59,667
-1,710
| -3% | -$29.8K |
|
1556
TG Therapeutics
TGTX
$8.58B
| $1.11M | ﹤0.01% |
64,926
+30,322
| +88% | +$352K |
|
1557
AMN Healthcare
AMN
$1.28B
| $1.1M | ﹤0.01% |
14,751
+3,031
| +26% | +$217K |
|
1558
Kadant
KAI
$3.69B
| $1.1M | ﹤0.01% |
3,926
+250
| +7% | +$62.5K |
|
1559
Ardelyx
ARDX
$1.24B
| $1.1M | ﹤0.01% |
176,618
+15
| +0% | +$67 |
|
|
TIXT
1560
DELISTED
TELUS International
TIXT
| $1.09M | ﹤0.01% |
127,223
-2,464,198
| -95% | -$17.9M |
|
1561
iShares Semiconductor ETF
SOXX
$43.6B
| $1.09M | ﹤0.01% |
5,685
+147
| +3% | +$24.7K |
|
1562
Sprout Social
SPT
$455M
| $1.09M | ﹤0.01% |
17,764
+2
| +0% | +$105 |
|
1563
iShares Core MSCI Total International Stock ETF
IXUS
$57.5B
| $1.09M | ﹤0.01% |
16,765
-2,251
| -12% | -$138K |
|
1564
OSI Systems
OSIS
$3.57B
| $1.08M | ﹤0.01% |
8,381
+24
| +0.3% | +$2.86K |
|
1565
ACV Auctions
ACVA
$1.35B
| $1.08M | ﹤0.01% |
71,158
| – | – |
|
1566
Simmons First National
SFNC
$3.35B
| $1.08M | ﹤0.01% |
54,334
-12,215
| -18% | -$204K |
|
1567
Seagate
STX
$193B
| $1.07M | ﹤0.01% |
12,567
-4,552
| -27% | -$340K |
|
1568
Gulfport Energy Corp
GPOR
$2.83B
| $1.07M | ﹤0.01% |
8,021
+2,308
| +40% | +$297K |
|
1569
4D Molecular Therapeutics
FDMT
$526M
| $1.06M | ﹤0.01% |
52,564
+38,202
| +266% | +$503K |
|
|
CPE
1570
DELISTED
Callon Petroleum Company
CPE
| $1.06M | ﹤0.01% |
32,841
-1,163
| -3% | -$39.8K |
|
|
FYBR
1571
DELISTED
Frontier Communications
FYBR
| $1.06M | ﹤0.01% |
41,964
-676
| -2% | -$13.6K |
|
|
ODP
1572
DELISTED
ODP
ODP
| $1.05M | ﹤0.01% |
18,653
-588
| -3% | -$28K |
|
1573
BioNTech
BNTX
$22.6B
| $1.04M | ﹤0.01% |
9,892
+6,177
| +166% | +$622K |
|
1574
Sensata Technologies
ST
$6.65B
| $1.04M | ﹤0.01% |
+27,698
| New | +$957K |
|
1575
Kanzhun
BZ
$6.89B
| $1.04M | ﹤0.01% |
62,646
-4,286
| -6% | -$67.3K |
|
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.