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 | |
|---|---|---|---|---|---|---|
1601
UMB Financial
UMBF
$10.7B
| $972K | ﹤0.01% |
11,630
+10
| +0.1% | +$703 |
|
|
DOO
1602
Bombardier Recreational Products
DOO
$4.43B
| $971K | ﹤0.01% |
13,575
-5,631
| -29% | -$394K |
|
1603
IDEAYA Biosciences
IDYA
$3.41B
| $969K | ﹤0.01% |
27,237
+1,260
| +5% | +$37.6K |
|
1604
WaFd
WAFD
$2.72B
| $969K | ﹤0.01% |
29,387
+1
| +0% | +$28 |
|
1605
Genmab
GMAB
$17.7B
| $966K | ﹤0.01% |
30,351
-527,256
| -95% | -$16.6M |
|
1606
Northern Oil and Gas
NOG
$2.3B
| $960K | ﹤0.01% |
25,898
+2,680
| +12% | +$101K |
|
1607
MarketAxess Holdings
MKTX
$4.15B
| $958K | ﹤0.01% |
3,273
-23,041
| -88% | -$5.57M |
|
1608
LivaNova
LIVN
$4.3B
| $958K | ﹤0.01% |
18,523
+12
| +0.1% | +$581 |
|
1609
iShares ESG Aware MSCI EM ETF
ESGE
$6.51B
| $955K | ﹤0.01% |
29,786
+18,312
| +160% | +$565K |
|
1610
Simpson Manufacturing
SSD
$7.98B
| $955K | ﹤0.01% |
4,823
-693
| -13% | -$110K |
|
1611
Vanguard Mid-Cap Value ETF
VOE
$23.7B
| $955K | ﹤0.01% |
6,584
-44
| -0.7% | -$5.91K |
|
|
XIFR
1612
XPLR Infrastructure LP
XIFR
$1.18B
| $948K | ﹤0.01% |
31,183
+15,604
| +100% | +$398K |
|
1613
NETSCOUT
NTCT
$2.86B
| $948K | ﹤0.01% |
43,176
-1,082,915
| -96% | -$24.3M |
|
1614
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
$3.03B
| $947K | ﹤0.01% |
17,705
+17,648
| +30,961% | +$884K |
|
1615
iShares US Technology ETF
IYW
$23.7B
| $947K | ﹤0.01% |
7,715
+71
| +0.9% | +$8.04K |
|
1616
Burke & Herbert Financial Services Corp
BHRB
$1.42B
| $941K | ﹤0.01% |
14,968
-3,722
| -20% | -$185K |
|
1617
Corebridge Financial
CRBG
$14.1B
| $940K | ﹤0.01% |
43,394
-18,249
| -30% | -$376K |
|
1618
Perdoceo Education
PRDO
$1.9B
| $937K | ﹤0.01% |
53,387
+430
| +0.8% | +$7.58K |
|
1619
Strategy Inc
MSTR
$33.5B
| $937K | ﹤0.01% |
14,840
+1,640
| +12% | +$77.7K |
|
1620
Element Solutions
ESI
$9.12B
| $936K | ﹤0.01% |
40,456
-1,366
| -3% | -$27.6K |
|
1621
ArcBest
ARCB
$3.44B
| $934K | ﹤0.01% |
7,772
+1,602
| +26% | +$177K |
|
1622
TriNet
TNET
$2.84B
| $928K | ﹤0.01% |
7,806
-174
| -2% | -$19.9K |
|
1623
Carnival Corporation Ltd
CCL
$36.1B
| $928K | ﹤0.01% |
50,044
-7,070
| -12% | -$103K |
|
1624
Apogee Enterprises
APOG
$850M
| $926K | ﹤0.01% |
17,334
+523
| +3% | +$24.4K |
|
1625
Iridium Communications
IRDM
$4.85B
| $925K | ﹤0.01% |
22,480
-4,613
| -17% | -$183K |
|
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.