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 | |
|---|---|---|---|---|---|---|
|
AKRO
1876
DELISTED
Akero Therapeutics
AKRO
| $509K | ﹤0.01% |
21,799
-1,093
| -5% | -$21.6K |
|
1877
Liberty Latin America Class C
LILAK
$1.5B
| $509K | ﹤0.01% |
76,237
+114
| +0.1% | +$738 |
|
1878
Jakks Pacific
JAKK
$280M
| $509K | ﹤0.01% |
14,305
+86
| +0.6% | +$2.22K |
|
1879
RxSight
RXST
$215M
| $508K | ﹤0.01% |
12,593
| – | – |
|
1880
STAAR Surgical
STAA
$1.16B
| $507K | ﹤0.01% |
16,236
-810
| -5% | -$29.1K |
|
|
CSR
1881
Centerspace
CSR
$936M
| $507K | ﹤0.01% |
8,704
+1,421
| +20% | +$77.6K |
|
1882
Green Brick Partners
GRBK
$3.13B
| $506K | ﹤0.01% |
9,742
-822
| -8% | -$37.4K |
|
1883
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $504K | ﹤0.01% |
5,231
-942
| -15% | -$87.1K |
|
1884
Equity Bancshares
EQBK
$1.03B
| $504K | ﹤0.01% |
14,864
-11
| -0.1% | -$301 |
|
1885
iShares Ultra Short Duration Bond Active ETF
ICSH
$7.97B
| $504K | ﹤0.01% |
10,000
| – | – |
|
1886
AtaiBeckley Inc
ATAI
$2.66B
| $502K | ﹤0.01% |
356,357
| – | – |
|
1887
Dole
DOLE
$1.35B
| $502K | ﹤0.01% |
40,825
+6,800
| +20% | +$78.5K |
|
1888
First Horizon
FHN
$12.1B
| $499K | ﹤0.01% |
35,220
-659
| -2% | -$7.93K |
|
1889
Arcturus Therapeutics
ARCT
$157M
| $498K | ﹤0.01% |
15,798
-8
| -0.1% | -$190 |
|
1890
Integra LifeSciences
IART
$1.54B
| $498K | ﹤0.01% |
11,435
+5,009
| +78% | +$197K |
|
1891
Intellia Therapeutics
NTLA
$1.5B
| $497K | ﹤0.01% |
16,316
+2,372
| +17% | +$68.2K |
|
|
MDRX
1892
DELISTED
Veradigm Inc. Common Stock
MDRX
| $497K | ﹤0.01% |
47,335
+121
| +0.3% | +$1.48K |
|
|
AZEK
1893
DELISTED
The AZEK Co
AZEK
| $495K | ﹤0.01% |
12,947
+113
| +0.9% | +$3.52K |
|
1894
Weave Communications
WEAV
$491M
| $494K | ﹤0.01% |
43,100
-43
| -0.1% | -$381 |
|
1895
Star Bulk Carriers
SBLK
$3.14B
| $494K | ﹤0.01% |
23,250
+88
| +0.4% | +$1.74K |
|
1896
British American Tobacco
BTI
$132B
| $494K | ﹤0.01% |
16,865
+483
| +3% | +$14.7K |
|
|
BPMC
1897
DELISTED
Blueprint Medicines
BPMC
| $493K | ﹤0.01% |
+5,340
| New | +$346K |
|
1898
Vermilion Energy
VET
$1.73B
| $492K | ﹤0.01% |
40,829
+12,105
| +42% | +$160K |
|
|
HOUS
1899
DELISTED
Anywhere Real Estate
HOUS
| $490K | ﹤0.01% |
60,436
-5,540
| -8% | -$31.4K |
|
1900
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$2.52B
| $486K | ﹤0.01% |
+20,584
| New | +$479K |
|
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.