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 | |
|---|---|---|---|---|---|---|
1626
Shinhan Financial Group
SHG
$33.6B
| $919K | ﹤0.01% |
29,862
+726
| +2% | +$20K |
|
1627
Western Digital
WDC
$179B
| $917K | ﹤0.01% |
23,171
+1,289
| +6% | +$45.1K |
|
1628
Hawkins
HWKN
$2.91B
| $917K | ﹤0.01% |
13,024
+400
| +3% | +$24.9K |
|
1629
Vericel Corp
VCEL
$2.3B
| $917K | ﹤0.01% |
25,743
+3,089
| +14% | +$108K |
|
1630
Boston Beer
SAM
$1.88B
| $915K | ﹤0.01% |
2,648
+1,985
| +299% | +$696K |
|
1631
Gildan
GIL
$9.25B
| $911K | ﹤0.01% |
27,540
-2,860
| -9% | -$92.7K |
|
|
LADR
1632
Ladder Capital
LADR
$1.25B
| $906K | ﹤0.01% |
78,716
-55,157
| -41% | -$588K |
|
|
SFBS
1633
ServisFirst Bancshares
SFBS
$4.79B
| $897K | ﹤0.01% |
13,463
+27
| +0.2% | +$1.46K |
|
1634
MillerKnoll
MLKN
$1.5B
| $897K | ﹤0.01% |
33,621
+13,586
| +68% | +$347K |
|
|
WRK
1635
DELISTED
WestRock Company
WRK
| $890K | ﹤0.01% |
21,444
-2,758
| -11% | -$106K |
|
1636
RB Global
RBA
$20.8B
| $885K | ﹤0.01% |
13,228
+601
| +5% | +$38.6K |
|
1637
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.09B
| $885K | ﹤0.01% |
21,651
+21,550
| +21,337% | +$855K |
|
1638
Provident Financial Services
PFS
$3.11B
| $885K | ﹤0.01% |
49,069
-5,893
| -11% | -$92.4K |
|
1639
TransAlta
TAC
$4.34B
| $884K | ﹤0.01% |
106,300
-19,713
| -16% | -$159K |
|
1640
APi Group
APG
$17.1B
| $882K | ﹤0.01% |
38,241
+1,099
| +3% | +$21.2K |
|
1641
NBT Bancorp
NBTB
$2.72B
| $880K | ﹤0.01% |
20,998
-2,134
| -9% | -$77.1K |
|
1642
Wabash National
WNC
$543M
| $878K | ﹤0.01% |
34,277
+510
| +2% | +$11.5K |
|
1643
City Holding Co
CHCO
$1.97B
| $878K | ﹤0.01% |
7,964
+18
| +0.2% | +$1.76K |
|
1644
Harmony Biosciences
HRMY
$2.04B
| $876K | ﹤0.01% |
+27,136
| New | +$757K |
|
1645
Valaris
VAL
$5.51B
| $876K | ﹤0.01% |
12,778
-24
| -0.2% | -$1.65K |
|
1646
The GEO Group
GEO
$4.13B
| $876K | ﹤0.01% |
80,872
+304
| +0.4% | +$2.9K |
|
1647
Victory Capital Holdings
VCTR
$6.08B
| $874K | ﹤0.01% |
25,389
+5,185
| +26% | +$166K |
|
1648
Franklin FTSE Europe ETF
FLEE
$116M
| $872K | ﹤0.01% |
30,912
-13
| -0% | -$342 |
|
|
TPIC
1649
DELISTED
TPI Composites
TPIC
| $867K | ﹤0.01% |
209,300
-26
| -0% | -$68 |
|
1650
Herbalife
HLF
$1.23B
| $865K | ﹤0.01% |
56,700
-1,772
| -3% | -$24.5K |
|
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.