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 | |
|---|---|---|---|---|---|---|
1801
Fidelity MSCI Information Technology Index ETF
FTEC
$19.9B
| $605K | ﹤0.01% |
4,213
| – | – |
|
1802
Magnite
MGNI
$2.65B
| $605K | ﹤0.01% |
64,724
-25
| -0% | -$198 |
|
1803
SentinelOne
S
$6.22B
| $603K | ﹤0.01% |
21,970
+295
| +1% | +$5.71K |
|
1804
MiMedx Group
MDXG
$626M
| $600K | ﹤0.01% |
68,423
+315
| +0.5% | +$2.31K |
|
1805
StoneCo
STNE
$2.62B
| $596K | ﹤0.01% |
33,062
-70
| -0.2% | -$920 |
|
1806
Unifirst Corp
UNF
$5.32B
| $594K | ﹤0.01% |
3,248
+76
| +2% | +$13K |
|
1807
Ecovyst
ECVT
$1.36B
| $594K | ﹤0.01% |
60,791
-121
| -0.2% | -$1.15K |
|
1808
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $592K | ﹤0.01% |
7,219
+271
| +4% | +$22K |
|
1809
Hayward Holdings
HAYW
$3.13B
| $592K | ﹤0.01% |
43,514
+5,399
| +14% | +$66.5K |
|
1810
US Foods
USFD
$21.4B
| $591K | ﹤0.01% |
13,011
-6,985
| -35% | -$289K |
|
1811
Sylvamo
SLVM
$1.52B
| $590K | ﹤0.01% |
12,019
-470
| -4% | -$22K |
|
1812
Towne Bank
TOWN
$3.35B
| $588K | ﹤0.01% |
19,743
-5,613
| -22% | -$146K |
|
1813
Clearwater Paper
CLW
$271M
| $587K | ﹤0.01% |
16,249
-106
| -0.6% | -$3.81K |
|
1814
Grocery Outlet
GO
$891M
| $585K | ﹤0.01% |
21,705
+319
| +1% | +$8.94K |
|
1815
Upbound Group
UPBD
$1.19B
| $583K | ﹤0.01% |
17,176
-648
| -4% | -$19.3K |
|
1816
Qfin Holdings
QFIN
$1.61B
| $582K | ﹤0.01% |
36,819
-2,348
| -6% | -$36K |
|
1817
Malibu Boats
MBUU
$544M
| $582K | ﹤0.01% |
10,612
+48
| +0.5% | +$2.3K |
|
1818
Merit Medical Systems
MMSI
$4.43B
| $581K | ﹤0.01% |
7,644
-74
| -1% | -$5.17K |
|
1819
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.56B
| $580K | ﹤0.01% |
12,057
+725
| +6% | +$32.1K |
|
|
NPKI
1820
NPK International
NPKI
$1.21B
| $578K | ﹤0.01% |
87,085
+51,562
| +145% | +$360K |
|
1821
Madison Square Garden
MSGE
$3.61B
| $578K | ﹤0.01% |
18,173
+23
| +0.1% | +$715 |
|
|
1822
PUT
Apple
AAPL
$4.89T
| $578K | ﹤0.01% |
3,000
-1,000
| -25% | -$185K |
|
1823
Cushman & Wakefield Ltd
CWK
$2.98B
| $578K | ﹤0.01% |
53,476
-324,896
| -86% | -$2.71M |
|
|
VBTX
1824
DELISTED
Veritex Holdings
VBTX
| $572K | ﹤0.01% |
24,594
-575
| -2% | -$11.3K |
|
1825
Hain Celestial
HAIN
$47.8M
| $571K | ﹤0.01% |
52,172
+502
| +1% | +$5.42K |
|
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.