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 | |
|---|---|---|---|---|---|---|
1576
Okta
OKTA
$24.1B
| $1.03M | ﹤0.01% |
11,424
+809
| +8% | +$61.7K |
|
1577
CarGurus
CARG
$3.01B
| $1.03M | ﹤0.01% |
42,669
-325
| -0.8% | -$6.53K |
|
1578
Griffon
GFF
$4.16B
| $1.03M | ﹤0.01% |
16,823
-16
| -0.1% | -$740 |
|
1579
TAL Education Group
TAL
$5.71B
| $1.03M | ﹤0.01% |
81,156
-7,143
| -8% | -$74K |
|
1580
CNA Financial
CNA
$14.5B
| $1.02M | ﹤0.01% |
24,147
-1,503
| -6% | -$61.2K |
|
1581
Huron Consulting
HURN
$1.82B
| $1.02M | ﹤0.01% |
9,927
+396
| +4% | +$40.7K |
|
1582
Preferred Bank
PFBC
$1.22B
| $1.02M | ﹤0.01% |
13,916
-2,819
| -17% | -$184K |
|
|
ACLX
1583
DELISTED
Arcellx
ACLX
| $1.01M | ﹤0.01% |
18,243
| – | – |
|
1584
News Corp Class A
NWSA
$14.5B
| $1.01M | ﹤0.01% |
41,166
+1,321
| +3% | +$28.7K |
|
1585
KeyCorp
KEY
$24.3B
| $1.01M | ﹤0.01% |
69,958
-166
| -0.2% | -$1.97K |
|
1586
Ligand Pharmaceuticals
LGND
$6.02B
| $1M | ﹤0.01% |
14,066
+438
| +3% | +$25.8K |
|
1587
Northwest Natural Holdings
NWN
$2.17B
| $1M | ﹤0.01% |
25,798
-1,990
| -7% | -$75.6K |
|
1588
State Street Financial Select Sector SPDR ETF
XLF
$56.1B
| $1M | ﹤0.01% |
26,687
-7,712
| -22% | -$267K |
|
1589
Helen of Troy
HELE
$663M
| $1M | ﹤0.01% |
8,299
-5
| -0.1% | -$539 |
|
1590
W.R. Berkley
WRB
$28B
| $1M | ﹤0.01% |
21,230
-20,671
| -49% | -$942K |
|
1591
Standex International
SXI
$3.68B
| $998K | ﹤0.01% |
6,304
+28
| +0.4% | +$4.03K |
|
1592
Veracyte
VCYT
$4.52B
| $988K | ﹤0.01% |
35,907
-437
| -1% | -$10.5K |
|
|
LTC
1593
LTC Properties
LTC
$2.16B
| $987K | ﹤0.01% |
30,726
-2,268
| -7% | -$73.3K |
|
1594
Parsons
PSN
$6.28B
| $985K | ﹤0.01% |
15,715
-246
| -2% | -$14.9K |
|
1595
Vanguard Small-Cap Growth ETF
VBK
$23.2B
| $985K | ﹤0.01% |
4,074
-15,392
| -79% | -$3.34M |
|
1596
Crocs
CROX
$6.69B
| $985K | ﹤0.01% |
10,543
-214
| -2% | -$19.8K |
|
|
ACH
1597
Accendra Health
ACH
$240M
| $985K | ﹤0.01% |
51,096
+9,121
| +22% | +$165K |
|
|
AXNX
1598
DELISTED
Axonics, Inc. Common Stock
AXNX
| $984K | ﹤0.01% |
15,818
+23
| +0.1% | +$1.29K |
|
1599
Xometry
XMTR
$4.77B
| $983K | ﹤0.01% |
27,374
+12
| +0% | +$257 |
|
1600
JELD-WEN Holding
JELD
$94.8M
| $973K | ﹤0.01% |
51,552
+14,049
| +37% | +$209K |
|
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.