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 | |
|---|---|---|---|---|---|---|
1751
Adeia
ADEA
$2.86B
| $675K | ﹤0.01% |
54,462
+2,415
| +5% | +$23.3K |
|
1752
Vanguard ESG International Stock ETF
VSGX
$6.43B
| $675K | ﹤0.01% |
12,203
-388
| -3% | -$20K |
|
|
BBBY
1753
Bed Bath & Beyond
BBBY
$473M
| $672K | ﹤0.01% |
26,678
+551
| +2% | +$9.49K |
|
1754
News Corp Class B
NWS
$16.4B
| $670K | ﹤0.01% |
26,050
+19,865
| +321% | +$450K |
|
|
OPI
1755
DELISTED
Office Properties Income Trust
OPI
| $669K | ﹤0.01% |
91,372
-17,542
| -16% | -$93.3K |
|
1756
Virtus Investment Partners
VRTS
$1.11B
| $668K | ﹤0.01% |
2,764
+39
| +1% | +$7.78K |
|
1757
Cohen & Steers
CNS
$4.18B
| $667K | ﹤0.01% |
8,805
-1,245
| -12% | -$74.9K |
|
1758
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$39.7B
| $666K | ﹤0.01% |
19,587
+101
| +0.5% | +$3.21K |
|
1759
Kohl's
KSS
$2.03B
| $666K | ﹤0.01% |
23,223
+4,610
| +25% | +$108K |
|
1760
Quanterix
QTRX
$173M
| $664K | ﹤0.01% |
24,273
-18
| -0.1% | -$424 |
|
1761
Choice Hotels
CHH
$5.03B
| $661K | ﹤0.01% |
5,833
+1,358
| +30% | +$155K |
|
1762
Liberty Media Series C
FWONK
$24.3B
| $661K | ﹤0.01% |
10,467
+512
| +5% | +$33.5K |
|
1763
CNX Resources
CNX
$4.85B
| $659K | ﹤0.01% |
32,962
+22,978
| +230% | +$490K |
|
1764
iShares US Basic Materials ETF
IYM
$1.16B
| $659K | ﹤0.01% |
+4,770
| New | +$612K |
|
|
ETRN
1765
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $658K | ﹤0.01% |
64,613
-25,885
| -29% | -$243K |
|
1766
Park National Corp
PRK
$3.41B
| $655K | ﹤0.01% |
4,931
-1,315
| -21% | -$146K |
|
1767
Twilio
TWLO
$29.1B
| $655K | ﹤0.01% |
8,631
+203
| +2% | +$12.7K |
|
1768
Dana Inc
DAN
$2.91B
| $654K | ﹤0.01% |
44,798
-2,255
| -5% | -$29.9K |
|
1769
CACI
CACI
$10.8B
| $650K | ﹤0.01% |
+2,006
| New | +$651K |
|
1770
Bentley Systems
BSY
$9.54B
| $647K | ﹤0.01% |
12,402
+3,133
| +34% | +$161K |
|
1771
Dynatrace
DT
$12.1B
| $647K | ﹤0.01% |
11,831
+4,105
| +53% | +$207K |
|
|
BELFB
1772
Bel Fuse Inc Class B
BELFB
$3.88B
| $646K | ﹤0.01% |
9,681
+5,004
| +107% | +$268K |
|
1773
Cars.com
CARS
$641M
| $645K | ﹤0.01% |
34,024
| – | – |
|
|
ZEUS
1774
DELISTED
Olympic Steel
ZEUS
| $645K | ﹤0.01% |
9,667
+6
| +0.1% | +$329 |
|
1775
Manitowoc
MTW
$516M
| $644K | ﹤0.01% |
38,558
-30
| -0.1% | -$436 |
|
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.