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 | |
|---|---|---|---|---|---|---|
1726
AtriCure
ATRC
$1.77B
| $723K | ﹤0.01% |
20,262
+156
| +0.8% | +$5.8K |
|
1727
RELX
RELX
$60.1B
| $722K | ﹤0.01% |
18,214
+1,666
| +10% | +$61.4K |
|
1728
Antero Resources
AR
$10.9B
| $722K | ﹤0.01% |
31,830
+11,059
| +53% | +$280K |
|
1729
SandRidge Energy
SD
$510M
| $720K | ﹤0.01% |
52,690
+12
| +0% | +$177 |
|
1730
Chord Energy
CHRD
$7.79B
| $720K | ﹤0.01% |
4,329
+182
| +4% | +$29.8K |
|
1731
First Merchants
FRME
$2.72B
| $720K | ﹤0.01% |
19,404
-9,596
| -33% | -$297K |
|
1732
Transmedics
TMDX
$2.5B
| $719K | ﹤0.01% |
9,112
-435
| -5% | -$26.2K |
|
1733
Cimpress
CMPR
$2.37B
| $712K | ﹤0.01% |
8,899
-303
| -3% | -$21.1K |
|
1734
The Greenbrier Companies
GBX
$1.61B
| $711K | ﹤0.01% |
16,087
-6
| -0% | -$235 |
|
1735
Bumble
BMBL
$367M
| $710K | ﹤0.01% |
48,159
+43
| +0.1% | +$610 |
|
1736
Hillman Solutions
HLMN
$1.56B
| $710K | ﹤0.01% |
77,055
+1,196
| +2% | +$9.13K |
|
1737
Children's Place
PLCE
$53.6M
| $704K | ﹤0.01% |
30,316
-1,271,964
| -98% | -$30.9M |
|
1738
Pathward Financial
CASH
$1.81B
| $701K | ﹤0.01% |
13,242
| – | – |
|
1739
Credo Technology Group
CRDO
$39.7B
| $699K | ﹤0.01% |
35,912
| – | – |
|
1740
ESAB
ESAB
$5.25B
| $696K | ﹤0.01% |
8,032
+2,237
| +39% | +$170K |
|
1741
Newmark Group
NMRK
$2.73B
| $696K | ﹤0.01% |
63,479
-5
| -0% | -$38 |
|
1742
Ionis Pharmaceuticals
IONS
$9.35B
| $693K | ﹤0.01% |
13,705
+5,256
| +62% | +$252K |
|
1743
California Water Service
CWT
$3.04B
| $689K | ﹤0.01% |
13,281
+414
| +3% | +$20.8K |
|
1744
AdvanSix
ASIX
$567M
| $684K | ﹤0.01% |
22,838
+24
| +0.1% | +$667 |
|
|
PRMW
1745
DELISTED
Primo Water Corporation
PRMW
| $684K | ﹤0.01% |
45,412
-533
| -1% | -$7.61K |
|
1746
BJ's Restaurants
BJRI
$1.41B
| $683K | ﹤0.01% |
18,969
-53
| -0.3% | -$1.51K |
|
1747
iShares Core S&P US Growth ETF
IUSG
$31.1B
| $683K | ﹤0.01% |
6,560
+231
| +4% | +$22.8K |
|
1748
Westamerica Bancorp
WABC
$1.39B
| $683K | ﹤0.01% |
12,104
-6,860
| -36% | -$340K |
|
1749
Travel + Leisure Co
TNL
$4.54B
| $678K | ﹤0.01% |
17,356
+472
| +3% | +$17.1K |
|
|
MLNK
1750
DELISTED
MeridianLink
MLNK
| $678K | ﹤0.01% |
27,360
+388
| +1% | +$7.53K |
|
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.