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 | |
|---|---|---|---|---|---|---|
1651
iShares International Dividend Growth ETF
IGRO
$1.27B
| $861K | ﹤0.01% |
13,331
| – | – |
|
1652
Kontoor Brands
KTB
$4.62B
| $860K | ﹤0.01% |
13,775
-2,646
| -16% | -$136K |
|
|
HTLF
1653
DELISTED
Heartland Financial USA, Inc.
HTLF
| $856K | ﹤0.01% |
22,773
+16
| +0.1% | +$506 |
|
1654
International Seaways
INSW
$4.57B
| $853K | ﹤0.01% |
18,760
+69
| +0.4% | +$3.17K |
|
1655
Rush Enterprises Class A
RUSHA
$5.95B
| $852K | ﹤0.01% |
16,941
+219
| +1% | +$8.83K |
|
1656
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17B
| $844K | ﹤0.01% |
8,458
+508
| +6% | +$50.8K |
|
1657
Autohome
ATHM
$2.43B
| $843K | ﹤0.01% |
30,044
-28,836
| -49% | -$793K |
|
1658
La-Z-Boy
LZB
$1.59B
| $841K | ﹤0.01% |
22,792
+154
| +0.7% | +$4.96K |
|
1659
Reynolds Consumer Products
REYN
$5.4B
| $837K | ﹤0.01% |
31,182
-5,473
| -15% | -$143K |
|
1660
A.O. Smith
AOS
$8.38B
| $835K | ﹤0.01% |
10,123
+45
| +0.4% | +$3.32K |
|
1661
Zillow
Z
$7.04B
| $832K | ﹤0.01% |
14,386
+434
| +3% | +$19.1K |
|
1662
Clear Secure
YOU
$5.26B
| $830K | ﹤0.01% |
40,206
| – | – |
|
1663
State Street Health Care Select Sector SPDR ETF
XLV
$42.1B
| $828K | ﹤0.01% |
6,070
-193
| -3% | -$25.1K |
|
1664
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $828K | ﹤0.01% |
10,745
-1,856
| -15% | -$140K |
|
1665
Materion
MTRN
$5.01B
| $824K | ﹤0.01% |
6,334
-4,687
| -43% | -$514K |
|
1666
DaVita
DVA
$15.1B
| $824K | ﹤0.01% |
7,866
+2,325
| +42% | +$215K |
|
1667
Empire State Realty Trust
ESRT
$976M
| $823K | ﹤0.01% |
84,961
+306
| +0.4% | +$2.65K |
|
|
BSCO
1668
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $822K | ﹤0.01% |
39,360
| – | – |
|
1669
Morningstar
MORN
$6.56B
| $821K | ﹤0.01% |
2,868
-6,352
| -69% | -$1.66M |
|
1670
iShares USD Green Bond ETF
BGRN
$497M
| $818K | ﹤0.01% |
17,320
+220
| +1% | +$10K |
|
1671
Federal Agricultural Mortgage
AGM
$2.27B
| $815K | ﹤0.01% |
4,263
| – | – |
|
1672
Barrett Business Services
BBSI
$976M
| $815K | ﹤0.01% |
28,144
+176
| +0.6% | +$4.54K |
|
1673
STMicroelectronics
STM
$46B
| $814K | ﹤0.01% |
16,228
+724
| +5% | +$32.4K |
|
1674
NovoCure
NVCR
$2.04B
| $811K | ﹤0.01% |
+54,295
| New | +$727K |
|
1675
Madison Square Garden
MSGS
$9.54B
| $810K | ﹤0.01% |
4,452
+5
| +0.1% | +$866 |
|
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.