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 | |
|---|---|---|---|---|---|---|
151
Tradeweb Markets
TW
$21B
| $381M | 0.18% |
4,196,995
-35,264
| -0.8% | -$3.15M |
|
152
iShares Core MSCI EAFE ETF
IEFA
$186B
| $379M | 0.18% |
5,387,028
-210,213
| -4% | -$13.9M |
|
153
Colgate-Palmolive
CL
$72.6B
| $379M | 0.18% |
4,753,792
-333,213
| -7% | -$25.1M |
|
154
Everest Group
EG
$15B
| $373M | 0.17% |
1,055,291
-252,922
| -19% | -$97.9M |
|
155
Pinterest
PINS
$12.4B
| $372M | 0.17% |
10,036,837
+2,548,925
| +34% | +$80.1M |
|
156
S&P Global
SPGI
$125B
| $369M | 0.17% |
837,103
-135,064
| -14% | -$53.3M |
|
157
Dollar Tree
DLTR
$23.1B
| $364M | 0.17% |
2,565,533
+340,461
| +15% | +$40.3M |
|
158
Verizon
VZ
$188B
| $363M | 0.17% |
9,623,491
-435,092
| -4% | -$15.4M |
|
159
JB Hunt Transport Services
JBHT
$26.9B
| $362M | 0.17% |
1,813,453
-2,957
| -0.2% | -$547K |
|
160
Rio Tinto
RIO
$149B
| $362M | 0.17% |
4,863,494
-1,526,147
| -24% | -$102M |
|
161
Northrop Grumman
NOC
$77B
| $362M | 0.17% |
773,230
-440,418
| -36% | -$206M |
|
162
Mettler-Toledo International
MTD
$26.9B
| $361M | 0.17% |
297,743
-4,894
| -2% | -$5.29M |
|
163
Carlisle Companies
CSL
$13.6B
| $359M | 0.17% |
1,148,453
+112
| +0% | +$30.8K |
|
164
Roblox
RBLX
$34.1B
| $357M | 0.17% |
7,809,329
+5,162,833
| +195% | +$191M |
|
165
D.R. Horton
DHI
$40.5B
| $356M | 0.17% |
2,345,398
+260,864
| +13% | +$32.1M |
|
166
MSCI
MSCI
$40.6B
| $352M | 0.16% |
622,859
-7,580
| -1% | -$3.91M |
|
167
Republic Services
RSG
$67.1B
| $348M | 0.16% |
2,109,719
-21,362
| -1% | -$3.31M |
|
168
Truist Financial
TFC
$62.7B
| $343M | 0.16% |
9,295,135
-1,597,961
| -15% | -$50.2M |
|
169
nVent Electric
NVT
$25.1B
| $340M | 0.16% |
5,747,892
+5,463
| +0.1% | +$290K |
|
170
McCormick & Company Non-Voting
MKC
$13.6B
| $336M | 0.16% |
4,904,254
+10,968
| +0.2% | +$718K |
|
171
Fair Isaac
FICO
$28.8B
| $330M | 0.15% |
283,565
+57,010
| +25% | +$57.4M |
|
172
Intel
INTC
$486B
| $326M | 0.15% |
6,485,063
-1,668,826
| -20% | -$67.8M |
|
173
Home Depot
HD
$324B
| $325M | 0.15% |
937,795
+5,968
| +0.6% | +$1.85M |
|
174
DuPont de Nemours
DD
$18.6B
| $317M | 0.15% |
3,278,510
-106,258
| -3% | -$9.66M |
|
175
TE Connectivity
TEL
$58.3B
| $313M | 0.15% |
2,226,180
-88,591
| -4% | -$11.4M |
|
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.