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 | |
|---|---|---|---|---|---|---|
1776
Titan International
TWI
$516M
| $639K | ﹤0.01% |
42,955
-68
| -0.2% | -$895 |
|
1777
PagerDuty
PD
$700M
| $639K | ﹤0.01% |
27,588
-1,412
| -5% | -$30.6K |
|
1778
Bloom Energy
BE
$52.6B
| $636K | ﹤0.01% |
42,983
+139
| +0.3% | +$1.74K |
|
1779
Royal Gold
RGLD
$17.1B
| $636K | ﹤0.01% |
5,259
-25
| -0.5% | -$2.83K |
|
|
SASR
1780
DELISTED
Sandy Spring Bancorp Inc
SASR
| $635K | ﹤0.01% |
23,322
-12,747
| -35% | -$288K |
|
1781
Constellium
CSTM
$3.96B
| $634K | ﹤0.01% |
31,787
| – | – |
|
|
SCS
1782
DELISTED
Steelcase
SCS
| $632K | ﹤0.01% |
46,770
+575
| +1% | +$6.82K |
|
1783
Coupang
CPNG
$27.8B
| $631K | ﹤0.01% |
38,949
+6,264
| +19% | +$103K |
|
1784
Upwork
UPWK
$1.09B
| $630K | ﹤0.01% |
42,364
+38,982
| +1,153% | +$503K |
|
1785
iShares US Treasury Bond ETF
GOVT
$43.6B
| $628K | ﹤0.01% |
27,271
+2,729
| +11% | +$60.7K |
|
1786
John Wiley & Sons Class A
WLY
$2.52B
| $627K | ﹤0.01% |
19,767
+62
| +0.3% | +$1.94K |
|
1787
Astrana Health
ASTH
$2B
| $627K | ﹤0.01% |
16,378
+24
| +0.1% | +$799 |
|
1788
Arvinas
ARVN
$518M
| $626K | ﹤0.01% |
+15,211
| New | +$356K |
|
|
DFUS
1789
Dimensional US Equity ETF
DFUS
$20.7B
| $626K | ﹤0.01% |
12,076
+54
| +0.4% | +$2.61K |
|
1790
Shutterstock
SSTK
$205M
| $626K | ﹤0.01% |
12,961
-125
| -1% | -$5.28K |
|
1791
FTI Consulting
FCN
$4.82B
| $625K | ﹤0.01% |
3,140
+381
| +14% | +$78.8K |
|
1792
DNOW Inc
DNOW
$2.63B
| $624K | ﹤0.01% |
55,117
-95
| -0.2% | -$1.04K |
|
1793
Forestar Group
FOR
$1.44B
| $623K | ﹤0.01% |
18,839
-6
| -0% | -$174 |
|
1794
Diamondrock Hospitality Co
DRH
$2.63B
| $619K | ﹤0.01% |
65,970
+165
| +0.3% | +$1.38K |
|
|
CIM
1795
Chimera Investment
CIM
$1.05B
| $617K | ﹤0.01% |
41,216
+37,032
| +885% | +$559K |
|
|
MRC
1796
DELISTED
MRC Global
MRC
| $612K | ﹤0.01% |
55,553
-125
| -0.2% | -$1.31K |
|
1797
Carter's
CRI
$1.43B
| $611K | ﹤0.01% |
8,160
-616,152
| -99% | -$42.8M |
|
1798
Joby Aviation
JOBY
$6.82B
| $609K | ﹤0.01% |
+91,518
| New | +$564K |
|
1799
Oxford Industries
OXM
$577M
| $607K | ﹤0.01% |
6,066
-176
| -3% | -$16.4K |
|
1800
Midland States Bancorp
MSBI
$669M
| $606K | ﹤0.01% |
21,991
-22
| -0.1% | -$511 |
|
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.