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 | |
|---|---|---|---|---|---|---|
1926
Sonic Automotive
SAH
$3.15B
| $467K | ﹤0.01% |
8,313
-35
| -0.4% | -$1.75K |
|
1927
Avis
CAR
$5.63B
| $467K | ﹤0.01% |
2,635
-8,073
| -75% | -$1.47M |
|
1928
Alpha and Omega Semiconductor
AOSL
$923M
| $467K | ﹤0.01% |
17,920
+34
| +0.2% | +$839 |
|
|
BFS
1929
Saul Centers
BFS
$875M
| $466K | ﹤0.01% |
11,868
+327
| +3% | +$12K |
|
1930
ProPetro Holding
PUMP
$1.45B
| $466K | ﹤0.01% |
55,596
-8
| -0% | -$75 |
|
|
BASE
1931
DELISTED
Couchbase
BASE
| $466K | ﹤0.01% |
20,681
-53
| -0.3% | -$971 |
|
1932
iShares Expanded Tech Sector ETF
IGM
$9.94B
| $465K | ﹤0.01% |
6,228
| – | – |
|
|
WSR
1933
DELISTED
Whitestone REIT
WSR
| $465K | ﹤0.01% |
37,798
+363
| +1% | +$3.89K |
|
|
ECHO
1934
EchoStar
ECHO
$25.5B
| $464K | ﹤0.01% |
28,013
-96
| -0.3% | -$1.24K |
|
|
MASI
1935
DELISTED
Masimo
MASI
| $464K | ﹤0.01% |
3,960
+768
| +24% | +$71.6K |
|
|
DCH
1936
Dauch Corp
DCH
$1.3B
| $462K | ﹤0.01% |
52,388
-183
| -0.3% | -$1.35K |
|
1937
Scansource
SCSC
$1.12B
| $461K | ﹤0.01% |
+11,633
| New | +$391K |
|
1938
Amneal Pharmaceuticals
AMRX
$5.72B
| $460K | ﹤0.01% |
75,841
-123
| -0.2% | -$548 |
|
1939
Zymeworks
ZYME
$1.68B
| $459K | ﹤0.01% |
44,182
+1,293
| +3% | +$10.3K |
|
1940
Leggett & Platt
LEG
$1.52B
| $455K | ﹤0.01% |
17,371
+3,521
| +25% | +$86.4K |
|
1941
State Street SPDR Dow Jones REIT ETF
RWR
$1.93B
| $454K | ﹤0.01% |
4,767
-677
| -12% | -$58.2K |
|
|
SPNS
1942
DELISTED
Sapiens International
SPNS
| $454K | ﹤0.01% |
15,671
+384
| +3% | +$10.2K |
|
1943
Franklin FTSE Canada ETF
FLCA
$796M
| $451K | ﹤0.01% |
13,560
| – | – |
|
|
OSG
1944
Octave Specialty Group
OSG
$252M
| $451K | ﹤0.01% |
27,347
-20,992
| -43% | -$292K |
|
1945
BioLife Solutions
BLFS
$1.46B
| $450K | ﹤0.01% |
27,711
-25
| -0.1% | -$319 |
|
1946
Unitil
UTL
$1,000M
| $450K | ﹤0.01% |
8,559
+40
| +0.5% | +$1.94K |
|
1947
Medifast
MED
$108M
| $448K | ﹤0.01% |
6,668
+407
| +7% | +$28.4K |
|
1948
A10 Networks
ATEN
$2.47B
| $446K | ﹤0.01% |
33,850
-5,783
| -15% | -$70.1K |
|
1949
Sweetgreen
SG
$713M
| $441K | ﹤0.01% |
39,058
| – | – |
|
|
VSXY
1950
Victoria's Secret
VSXY
$6.64B
| $440K | ﹤0.01% |
16,567
-51,753
| -76% | -$1.1M |
|
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.