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 | |
|---|---|---|---|---|---|---|
1951
Marcus Corp
MCS
$732M
| $439K | ﹤0.01% |
30,095
+41
| +0.1% | +$614 |
|
|
RWT
1952
Redwood Trust
RWT
$616M
| $439K | ﹤0.01% |
59,187
+31
| +0.1% | +$217 |
|
1953
AGNC Investment
AGNC
$12.3B
| $437K | ﹤0.01% |
44,545
-591
| -1% | -$5.19K |
|
1954
ANI Pharmaceuticals
ANIP
$1.77B
| $436K | ﹤0.01% |
7,915
-71
| -0.9% | -$3.91K |
|
1955
Pricesmart
PSMT
$5.75B
| $436K | ﹤0.01% |
5,759
-807
| -12% | -$57.3K |
|
1956
TechTarget
TTGT
$246M
| $435K | ﹤0.01% |
12,471
-41
| -0.3% | -$1.21K |
|
1957
CorVel
CRVL
$3.05B
| $434K | ﹤0.01% |
5,265
-3,981
| -43% | -$282K |
|
1958
ADMA Biologics
ADMA
$1.92B
| $434K | ﹤0.01% |
95,922
| – | – |
|
|
FLNA
1959
Filana Therapeutics
FLNA
$43M
| $432K | ﹤0.01% |
+19,171
| New | +$405K |
|
1960
Edgewell Personal Care
EPC
$1.27B
| $431K | ﹤0.01% |
11,757
+84
| +0.7% | +$2.97K |
|
|
HIBB
1961
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $429K | ﹤0.01% |
5,951
+40
| +0.7% | +$2.24K |
|
1962
ACM Research
ACMR
$5.83B
| $427K | ﹤0.01% |
21,864
-1,076
| -5% | -$18.8K |
|
1963
Knife River
KNF
$4.43B
| $425K | ﹤0.01% |
+6,429
| New | +$366K |
|
1964
CVR Energy
CVI
$3.36B
| $425K | ﹤0.01% |
14,011
+299
| +2% | +$9.45K |
|
|
GRP.U
1965
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $424K | ﹤0.01% |
7,359
-86,823
| -92% | -$4.5M |
|
|
DHC
1966
Diversified Healthcare Trust
DHC
$2.26B
| $423K | ﹤0.01% |
113,221
-114,135
| -50% | -$268K |
|
1967
Option Care Health
OPCH
$3.4B
| $423K | ﹤0.01% |
12,555
-1,442
| -10% | -$44.3K |
|
1968
Carter Bankshares
CARE
$756M
| $421K | ﹤0.01% |
28,154
-34
| -0.1% | -$428 |
|
|
PENG
1969
Penguin Solutions Inc
PENG
$2.76B
| $421K | ﹤0.01% |
22,242
-63
| -0.3% | -$1.09K |
|
1970
Independent Bank Corp
IBCP
$776M
| $420K | ﹤0.01% |
16,157
+6,075
| +60% | +$130K |
|
1971
Amalgamated Financial
AMAL
$1.48B
| $420K | ﹤0.01% |
15,604
-331
| -2% | -$6.81K |
|
1972
Philips
PHG
$25.4B
| $420K | ﹤0.01% |
20,134
+3,099
| +18% | +$56.3K |
|
1973
Fortrea Holdings
FTRE
$1.85B
| $418K | ﹤0.01% |
11,988
+2,261
| +23% | +$69.1K |
|
|
CCRN
1974
DELISTED
Cross Country Healthcare
CCRN
| $418K | ﹤0.01% |
18,462
+40
| +0.2% | +$867 |
|
|
TBI
1975
Trueblue
TBI
$234M
| $418K | ﹤0.01% |
27,238
-178
| -0.6% | -$2.49K |
|
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.