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 | |
|---|---|---|---|---|---|---|
1701
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.54B
| $770K | ﹤0.01% |
37,961
| – | – |
|
1702
Cinemark Holdings
CNK
$3.82B
| $769K | ﹤0.01% |
54,567
+19,199
| +54% | +$299K |
|
1703
Veeco
VECO
$3.15B
| $764K | ﹤0.01% |
24,619
+27
| +0.1% | +$752 |
|
1704
St. Joe Company
JOE
$3.57B
| $764K | ﹤0.01% |
12,687
+16
| +0.1% | +$842 |
|
1705
Dorian LPG
LPG
$1.94B
| $763K | ﹤0.01% |
17,383
+3,053
| +21% | +$113K |
|
1706
Commault Systems
CVLT
$5.89B
| $762K | ﹤0.01% |
9,547
-523
| -5% | -$37.4K |
|
1707
Orion
OEC
$394M
| $760K | ﹤0.01% |
27,420
| – | – |
|
1708
Bruker
BRKR
$9.2B
| $759K | ﹤0.01% |
10,326
-34,631
| -77% | -$2.22M |
|
1709
Arlo Technologies
ARLO
$1.4B
| $751K | ﹤0.01% |
78,925
-59
| -0.1% | -$539 |
|
|
SILV
1710
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $751K | ﹤0.01% |
114,493
+78,000
| +214% | +$434K |
|
1711
Northwest Bancshares
NWBI
$2.25B
| $751K | ﹤0.01% |
60,167
-26,503
| -31% | -$295K |
|
1712
Collegium Pharmaceutical
COLL
$1.14B
| $750K | ﹤0.01% |
24,378
+1,577
| +7% | +$39.5K |
|
1713
HUB Group
HUBG
$3.01B
| $749K | ﹤0.01% |
16,284
-1,246
| -7% | -$48.9K |
|
1714
Aurinia Pharmaceuticals
AUPH
$1.97B
| $747K | ﹤0.01% |
83,117
-4,031
| -5% | -$33.2K |
|
1715
Supernus Pharmaceuticals
SUPN
$2.68B
| $744K | ﹤0.01% |
25,716
-3,102
| -11% | -$82.2K |
|
1716
Carvana
CVNA
$43.3B
| $743K | ﹤0.01% |
70,160
+8,400
| +14% | +$62.9K |
|
1717
Cavco Industries
CVCO
$4.39B
| $742K | ﹤0.01% |
2,142
| – | – |
|
|
PETQ
1718
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $742K | ﹤0.01% |
37,554
-28
| -0.1% | -$538 |
|
1719
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.85B
| $740K | ﹤0.01% |
6,489
+230
| +4% | +$23.7K |
|
1720
ABM Industries
ABM
$2.8B
| $738K | ﹤0.01% |
16,464
+2
| +0% | +$84 |
|
1721
Franklin Disruptive Commerce ETF
BUYZ
$4.97M
| $735K | ﹤0.01% |
25,514
| – | – |
|
1722
Innoviva
INVA
$1.58B
| $733K | ﹤0.01% |
45,684
+953
| +2% | +$13.3K |
|
|
WCLD
1723
WisdomTree Cloud Computing Fund
WCLD
$240M
| $732K | ﹤0.01% |
20,937
-3,130
| -13% | -$95.9K |
|
1724
Woodside Energy
WDS
$42.9B
| $730K | ﹤0.01% |
34,637
+16,260
| +88% | +$346K |
|
|
SQSP
1725
DELISTED
Squarespace, Inc.
SQSP
| $729K | ﹤0.01% |
22,076
+640
| +3% | +$18.7K |
|
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.