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 | |
|---|---|---|---|---|---|---|
|
XRN
2001
Chiron Real Estate Inc
XRN
$544M
| $389K | ﹤0.01% |
7,016
| – | – |
|
2002
iQIYI
IQ
$1.18B
| $388K | ﹤0.01% |
79,557
-5,336
| -6% | -$25.2K |
|
|
BBT
2003
Beacon Financial Corp
BBT
$2.53B
| $388K | ﹤0.01% |
15,635
-23
| -0.1% | -$496 |
|
2004
Powell Industries
POWL
$8.46B
| $388K | ﹤0.01% |
13,152
| – | – |
|
2005
Graham Holdings Company
GHC
$4.97B
| $387K | ﹤0.01% |
556
-2
| -0.4% | -$1.24K |
|
|
HTB
2006
HomeTrust Bancshares
HTB
$818M
| $387K | ﹤0.01% |
14,381
-10
| -0.1% | -$229 |
|
2007
OR Royalties Inc
OR
$5.47B
| $387K | ﹤0.01% |
27,104
-68,452
| -72% | -$897K |
|
|
AIV
2008
Aimco
AIV
$380M
| $386K | ﹤0.01% |
49,296
+12,964
| +36% | +$87.5K |
|
2009
National Grid
NGG
$82.7B
| $384K | ﹤0.01% |
5,986
+747
| +14% | +$44.6K |
|
|
INN
2010
Summit Hotel Properties
INN
$761M
| $381K | ﹤0.01% |
56,765
-2,028
| -3% | -$12.5K |
|
2011
Shenandoah Telecom
SHEN
$632M
| $380K | ﹤0.01% |
+17,597
| New | +$394K |
|
2012
Myers Industries
MYE
$1.18B
| $380K | ﹤0.01% |
19,458
+140
| +0.7% | +$2.49K |
|
2013
InMode
INMD
$872M
| $380K | ﹤0.01% |
17,087
-73,241
| -81% | -$1.64M |
|
|
INFN
2014
DELISTED
Infinera Corporation Common Stock
INFN
| $380K | ﹤0.01% |
79,976
-677
| -0.8% | -$2.66K |
|
|
TAST
2015
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $378K | ﹤0.01% |
+47,914
| New | +$326K |
|
|
NVRO
2016
DELISTED
NEVRO CORP.
NVRO
| $377K | ﹤0.01% |
17,528
-26
| -0.1% | -$464 |
|
2017
PUT
Microsoft
MSFT
$2.84T
| $376K | ﹤0.01% |
1,000
| – | – |
|
2018
Ethan Allen Interiors
ETD
$581M
| $376K | ﹤0.01% |
11,764
+53
| +0.5% | +$1.52K |
|
|
CDMO
2019
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $375K | ﹤0.01% |
57,644
+12,198
| +27% | +$78.6K |
|
|
EVRI
2020
DELISTED
Everi Holdings
EVRI
| $374K | ﹤0.01% |
33,157
| – | – |
|
2021
CleanSpark
CLSK
$3.73B
| $373K | ﹤0.01% |
33,850
-30,258
| -47% | -$188K |
|
2022
CRISPR Therapeutics
CRSP
$4.58B
| $373K | ﹤0.01% |
5,955
-227,444
| -97% | -$12.6M |
|
2023
Turning Point Brands
TPB
$1.47B
| $373K | ﹤0.01% |
14,159
-7
| -0% | -$160 |
|
|
MORF
2024
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $372K | ﹤0.01% |
12,885
-993
| -7% | -$23.6K |
|
2025
Tandem Diabetes Care
TNDM
$1.17B
| $371K | ﹤0.01% |
12,557
-599
| -5% | -$12.4K |
|
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.