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 | |
|---|---|---|---|---|---|---|
1901
CVR Partners
UAN
$1.3B
| $483K | ﹤0.01% |
+7,375
| New | +$551K |
|
1902
Biohaven
BHVN
$2.16B
| $482K | ﹤0.01% |
11,269
+349
| +3% | +$10.9K |
|
1903
Dimensional US Marketwide Value ETF
DFUV
$15.4B
| $482K | ﹤0.01% |
12,954
+50
| +0.4% | +$1.72K |
|
1904
Central Pacific Financial
CPF
$997M
| $482K | ﹤0.01% |
24,469
-19
| -0.1% | -$332 |
|
1905
Caesars Entertainment
CZR
$6.1B
| $481K | ﹤0.01% |
10,259
-379
| -4% | -$16.8K |
|
1906
Monarch Casino & Resort
MCRI
$2.14B
| $480K | ﹤0.01% |
6,945
+87
| +1% | +$5.54K |
|
1907
Quanex
NX
$854M
| $480K | ﹤0.01% |
15,688
| – | – |
|
1908
Valvoline
VVV
$4.97B
| $478K | ﹤0.01% |
12,727
-1,929
| -13% | -$64.6K |
|
1909
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.22B
| $477K | ﹤0.01% |
6,883
| – | – |
|
1910
Schwab US Large- Cap ETF
SCHX
$70.9B
| $477K | ﹤0.01% |
25,365
| – | – |
|
1911
MYR Group
MYRG
$5.9B
| $477K | ﹤0.01% |
3,297
-5,611
| -63% | -$723K |
|
1912
Annaly Capital Management
NLY
$16.9B
| $476K | ﹤0.01% |
24,575
+503
| +2% | +$8.97K |
|
1913
Surgery Partners
SGRY
$2.06B
| $475K | ﹤0.01% |
14,838
-10
| -0.1% | -$290 |
|
|
TCN
1914
DELISTED
Tricon Residential Inc.
TCN
| $475K | ﹤0.01% |
52,136
+3,701
| +8% | +$28.4K |
|
|
EVBG
1915
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $473K | ﹤0.01% |
19,468
-40
| -0.2% | -$862 |
|
1916
FB Financial Corp
FBK
$2.95B
| $473K | ﹤0.01% |
11,860
-8
| -0.1% | -$265 |
|
1917
Brookdale Senior Living
BKD
$3.62B
| $472K | ﹤0.01% |
81,038
+47
| +0.1% | +$221 |
|
1918
Invesco Water Resources ETF
PHO
$1.97B
| $471K | ﹤0.01% |
7,745
| – | – |
|
1919
WisdomTree
WT
$2.97B
| $471K | ﹤0.01% |
67,957
+1
| +0% | +$7 |
|
1920
Box
BOX
$4.02B
| $470K | ﹤0.01% |
18,356
-613
| -3% | -$15.5K |
|
1921
Kiniksa Pharmaceuticals
KNSA
$4.83B
| $469K | ﹤0.01% |
26,748
+96
| +0.4% | +$1.58K |
|
1922
DHT Holdings
DHT
$2.97B
| $469K | ﹤0.01% |
47,770
-11,495
| -19% | -$118K |
|
1923
EnerSys
ENS
$6.95B
| $468K | ﹤0.01% |
4,638
-106,103
| -96% | -$9.76M |
|
|
PPLI
1924
People Inc
PPLI
$3.1B
| $468K | ﹤0.01% |
10,887
-63
| -0.6% | -$2.47K |
|
1925
Telefônica Brasil
VIV
$22.4B
| $468K | ﹤0.01% |
42,733
-1,357
| -3% | -$13.5K |
|
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.