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 | |
|---|---|---|---|---|---|---|
1976
Paylocity
PCTY
$6.71B
| $415K | ﹤0.01% |
2,518
-550,908
| -100% | -$92.7M |
|
1977
Aecom
ACM
$9.07B
| $414K | ﹤0.01% |
4,481
-232
| -5% | -$19.7K |
|
|
SVC
1978
Service Properties Trust
SVC
$1.1B
| $413K | ﹤0.01% |
9,680
+17
| +0.2% | +$643 |
|
|
AGNT
1979
AGNT Inc
AGNT
$665M
| $413K | ﹤0.01% |
26,599
-2,483
| -9% | -$34.7K |
|
1980
Opendoor
OPEN
$3.7B
| $413K | ﹤0.01% |
95,187
-49,467
| -34% | -$138K |
|
1981
CareDx
CDNA
$1.92B
| $412K | ﹤0.01% |
34,321
-9,360
| -21% | -$76.7K |
|
1982
Fomento Económico Mexicano
FMX
$43.3B
| $409K | ﹤0.01% |
3,137
-115
| -4% | -$13.7K |
|
1983
Simulations Plus
SLP
$371M
| $408K | ﹤0.01% |
9,118
+287
| +3% | +$11.4K |
|
1984
Nuveen ESG Small-Cap ETF
NUSC
$1.28B
| $408K | ﹤0.01% |
10,435
| – | – |
|
1985
Magnolia Oil & Gas
MGY
$5.83B
| $407K | ﹤0.01% |
19,139
+745
| +4% | +$16.3K |
|
1986
3D Systems Corp
DDD
$420M
| $407K | ﹤0.01% |
+64,034
| New | +$316K |
|
1987
Movado Group
MOV
$812M
| $406K | ﹤0.01% |
13,461
+26
| +0.2% | +$745 |
|
1988
Harmonic Inc
HLIT
$1.21B
| $405K | ﹤0.01% |
31,062
+587
| +2% | +$6.27K |
|
1989
CRA International
CRAI
$1.1B
| $403K | ﹤0.01% |
4,080
+14
| +0.3% | +$1.36K |
|
1990
MannKind Corp
MNKD
$1.28B
| $402K | ﹤0.01% |
110,508
+56
| +0.1% | +$214 |
|
1991
Rogers Communications
RCI
$17.7B
| $401K | ﹤0.01% |
8,563
-28,954
| -77% | -$1.21M |
|
1992
York Water
YORW
$505M
| $400K | ﹤0.01% |
10,348
-238
| -2% | -$8.96K |
|
1993
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.82B
| $399K | ﹤0.01% |
9,310
| – | – |
|
|
ALTR
1994
DELISTED
Altair Engineering Inc
ALTR
| $399K | ﹤0.01% |
4,739
-78,837
| -94% | -$5.48M |
|
1995
Mitsubishi UFJ Financial
MUFG
$258B
| $397K | ﹤0.01% |
46,059
+1,322
| +3% | +$11.2K |
|
|
ACCD
1996
DELISTED
Accolade Inc
ACCD
| $396K | ﹤0.01% |
32,965
+130
| +0.4% | +$1.11K |
|
1997
Phinia Inc
PHIN
$2.9B
| $396K | ﹤0.01% |
13,068
+190
| +1% | +$5.1K |
|
1998
iShares International Treasury Bond ETF
IGOV
$1.34B
| $393K | ﹤0.01% |
9,505
-134,500
| -93% | -$5.18M |
|
1999
Nexstar Media Group
NXST
$5.6B
| $390K | ﹤0.01% |
2,488
-261
| -9% | -$38.2K |
|
2000
Aspen Aerogels
ASPN
$387M
| $390K | ﹤0.01% |
24,697
+124
| +0.5% | +$1.28K |
|
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.