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 | |
|---|---|---|---|---|---|---|
2051
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $349K | ﹤0.01% |
926
-50
| -5% | -$17.5K |
|
|
VERV
2052
DELISTED
Verve Therapeutics
VERV
| $347K | ﹤0.01% |
+24,910
| New | +$309K |
|
2053
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $347K | ﹤0.01% |
4,540
-300
| -6% | -$22K |
|
2054
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$552M
| $347K | ﹤0.01% |
5,100
| – | – |
|
2055
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.4B
| $346K | ﹤0.01% |
7,462
+4,581
| +159% | +$203K |
|
2056
Vanguard Russell 1000 Growth ETF
VONG
$42.5B
| $344K | ﹤0.01% |
4,410
-805
| -15% | -$58.6K |
|
2057
Financial Institutions
FISI
$800M
| $344K | ﹤0.01% |
16,138
+53
| +0.3% | +$945 |
|
2058
Blue Bird Corp
BLBD
$2.41B
| $343K | ﹤0.01% |
+12,724
| New | +$262K |
|
2059
Cannae Holdings
CNNE
$647M
| $341K | ﹤0.01% |
17,459
-13,311
| -43% | -$242K |
|
2060
Enovix
ENVX
$862M
| $340K | ﹤0.01% |
31,067
-1,600
| -5% | -$15.7K |
|
2061
TETRA Technologies
TTI
$1.23B
| $339K | ﹤0.01% |
74,918
+14,501
| +24% | +$73.2K |
|
2062
Horizon Bancorp
HBNC
$1.03B
| $338K | ﹤0.01% |
23,590
-475
| -2% | -$5.36K |
|
2063
Argan
AGX
$7.98B
| $336K | ﹤0.01% |
7,185
-16
| -0.2% | -$730 |
|
2064
Limbach Holdings
LMB
$867M
| $336K | ﹤0.01% |
7,386
-14
| -0.2% | -$503 |
|
2065
IES Holdings
IESC
$12.5B
| $336K | ﹤0.01% |
4,236
+112
| +3% | +$7.81K |
|
2066
Dillards
DDS
$8.87B
| $335K | ﹤0.01% |
831
-78
| -9% | -$26.5K |
|
|
CLDT
2067
Chatham Lodging
CLDT
$630M
| $335K | ﹤0.01% |
31,227
+8
| +0% | +$80 |
|
2068
iShares Cybersecurity and Tech ETF
IHAK
$994M
| $335K | ﹤0.01% |
7,366
-1,242
| -14% | -$50.4K |
|
2069
United Natural Foods
UNFI
$3.01B
| $335K | ﹤0.01% |
20,615
-14,872
| -42% | -$226K |
|
2070
Ryanair
RYAAY
$29.5B
| $333K | ﹤0.01% |
6,513
+328
| +5% | +$14.4K |
|
2071
Rayonier
RYN
$6.49B
| $332K | ﹤0.01% |
10,969
+259
| +2% | +$6.92K |
|
2072
Ormat Technologies
ORA
$6.11B
| $332K | ﹤0.01% |
4,383
+1,246
| +40% | +$84.6K |
|
2073
GXO Logistics
GXO
$6.06B
| $331K | ﹤0.01% |
5,415
+19
| +0.4% | +$1.06K |
|
2074
iShares US Energy ETF
IYE
$1.74B
| $331K | ﹤0.01% |
7,505
| – | – |
|
2075
Relay Therapeutics
RLAY
$4.02B
| $329K | ﹤0.01% |
+29,911
| New | +$252K |
|
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.