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 | |
|---|---|---|---|---|---|---|
2026
DigitalOcean
DOCN
$14.4B
| $371K | ﹤0.01% |
10,102
-50
| -0.5% | -$1.38K |
|
2027
International Money Express
IMXI
$392M
| $369K | ﹤0.01% |
16,696
-15,189
| -48% | -$291K |
|
2028
Trupanion
TRUP
$1.05B
| $366K | ﹤0.01% |
11,994
-7,227
| -38% | -$192K |
|
2029
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$50.7B
| $365K | ﹤0.01% |
5,617
-404
| -7% | -$24.9K |
|
2030
Kelly Services Class A
KELYA
$526M
| $365K | ﹤0.01% |
16,868
+12
| +0.1% | +$238 |
|
2031
Franklin FTSE Eurozone ETF
FLEU
$70.1M
| $364K | ﹤0.01% |
15,000
| – | – |
|
|
GES
2032
DELISTED
Guess Inc
GES
| $363K | ﹤0.01% |
15,760
+180
| +1% | +$4.02K |
|
2033
Nokia
NOK
$50.8B
| $362K | ﹤0.01% |
105,948
-4,793
| -4% | -$16.3K |
|
2034
Anterix
ATEX
$1.83B
| $362K | ﹤0.01% |
10,865
+31
| +0.3% | +$1K |
|
2035
Omnicell
OMCL
$1.86B
| $359K | ﹤0.01% |
9,542
+757
| +9% | +$27.8K |
|
2036
8x8 Inc
EGHT
$247M
| $358K | ﹤0.01% |
94,841
-10,268
| -10% | -$30.5K |
|
2037
iRadimed
IRMD
$1.21B
| $356K | ﹤0.01% |
7,507
+45
| +0.6% | +$1.89K |
|
2038
Ardmore Shipping
ASC
$678M
| $356K | ﹤0.01% |
25,276
+655
| +3% | +$8.85K |
|
2039
Community Trust Bancorp
CTBI
$1.38B
| $356K | ﹤0.01% |
+8,113
| New | +$320K |
|
2040
Lumen
LUMN
$6.53B
| $354K | ﹤0.01% |
193,676
-50,994
| -21% | -$72.3K |
|
2041
Noble Corp
NE
$6.9B
| $354K | ﹤0.01% |
7,347
+2,220
| +43% | +$104K |
|
2042
Gray Television
GTN
$407M
| $354K | ﹤0.01% |
39,476
-1,819
| -4% | -$13.5K |
|
2043
SLR Investment Corp
SLRC
$706M
| $352K | ﹤0.01% |
23,441
| – | – |
|
2044
Conduent
CNDT
$230M
| $352K | ﹤0.01% |
96,434
+266
| +0.3% | +$841 |
|
2045
Ollie's Bargain Outlet
OLLI
$4.01B
| $352K | ﹤0.01% |
4,638
-1,718
| -27% | -$129K |
|
2046
PGIM Ultra Short Bond ETF
PULS
$17.7B
| $352K | ﹤0.01% |
7,118
+100
| +1% | +$4.94K |
|
|
SAFE
2047
Safehold
SAFE
$1.19B
| $351K | ﹤0.01% |
15,012
+186
| +1% | +$3.51K |
|
|
HEES
2048
DELISTED
H&E Equipment Services
HEES
| $351K | ﹤0.01% |
6,703
+120
| +2% | +$5.42K |
|
2049
iShares US Healthcare ETF
IYH
$3.11B
| $351K | ﹤0.01% |
6,125
+4,450
| +266% | +$242K |
|
2050
MasterBrand
MBC
$1.09B
| $349K | ﹤0.01% |
23,529
-29,152
| -55% | -$374K |
|
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.