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 | |
|---|---|---|---|---|---|---|
1826
Central Garden & Pet Co Class A
CENTA
$2.41B
| $569K | ﹤0.01% |
16,140
+281
| +2% | +$9.01K |
|
1827
DocGo
DCGO
$58.9M
| $568K | ﹤0.01% |
101,677
+10,107
| +11% | +$58K |
|
1828
Utz Brands
UTZ
$1.25B
| $568K | ﹤0.01% |
34,996
+93
| +0.3% | +$1.23K |
|
1829
Caleres
CAL
$396M
| $568K | ﹤0.01% |
18,469
+256
| +1% | +$7.22K |
|
1830
Dorman Products
DORM
$4.01B
| $567K | ﹤0.01% |
6,801
+243
| +4% | +$18.2K |
|
1831
KB Home
KBH
$3.48B
| $567K | ﹤0.01% |
9,079
-1,192
| -12% | -$61.3K |
|
|
AHRT
1832
AH Realty Trust
AHRT
$534M
| $564K | ﹤0.01% |
45,559
-42
| -0.1% | -$463 |
|
1833
NOV
NOV
$7.45B
| $563K | ﹤0.01% |
27,771
-1,541
| -5% | -$30.3K |
|
1834
Vanguard Small-Cap Value ETF
VBR
$37.1B
| $558K | ﹤0.01% |
3,102
+446
| +17% | +$72.8K |
|
1835
PAR Technology
PAR
$637M
| $557K | ﹤0.01% |
12,789
-6
| -0% | -$225 |
|
1836
MacroGenics
MGNX
$235M
| $556K | ﹤0.01% |
57,847
+12
| +0% | +$83 |
|
1837
Napco Security Technologies
NSSC
$1.28B
| $554K | ﹤0.01% |
16,183
+208
| +1% | +$5.52K |
|
1838
John B. Sanfilippo & Son
JBSS
$949M
| $554K | ﹤0.01% |
5,377
+710
| +15% | +$69.6K |
|
1839
Roku
ROKU
$21.1B
| $553K | ﹤0.01% |
6,028
+2,781
| +86% | +$233K |
|
1840
National Vision
EYE
$1.6B
| $551K | ﹤0.01% |
26,327
-2,859
| -10% | -$50.7K |
|
1841
Snap
SNAP
$7.32B
| $550K | ﹤0.01% |
32,502
-60
| -0.2% | -$736 |
|
|
GTLS
1842
DELISTED
Chart Industries
GTLS
| $550K | ﹤0.01% |
4,033
-7
| -0.2% | -$946 |
|
1843
RPC Inc
RES
$1.24B
| $550K | ﹤0.01% |
75,523
+12,106
| +19% | +$94.8K |
|
1844
Carlyle Group
CG
$16.3B
| $549K | ﹤0.01% |
13,484
+4,948
| +58% | +$163K |
|
|
MFA
1845
MFA Financial
MFA
$929M
| $548K | ﹤0.01% |
48,642
-277
| -0.6% | -$2.8K |
|
1846
Matthews International
MATW
$864M
| $547K | ﹤0.01% |
14,937
+98
| +0.7% | +$3.59K |
|
1847
ICU Medical
ICUI
$3.93B
| $546K | ﹤0.01% |
5,478
+2,008
| +58% | +$196K |
|
1848
VanEck Agribusiness ETF
MOO
$989M
| $546K | ﹤0.01% |
7,162
-125
| -2% | -$9.34K |
|
|
CVSA
1849
Covista Inc
CVSA
$3.94B
| $545K | ﹤0.01% |
9,247
-407
| -4% | -$21.7K |
|
|
VSTO
1850
DELISTED
Vista Outdoor Inc.
VSTO
| $544K | ﹤0.01% |
18,393
-967
| -5% | -$26.6K |
|
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.