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 | |
|---|---|---|---|---|---|---|
2101
Vanguard Total World Stock ETF
VT
$76.3B
| $312K | ﹤0.01% |
3,037
+77
| +3% | +$7.41K |
|
2102
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $312K | ﹤0.01% |
3,547
| – | – |
|
2103
Kosmos Energy
KOS
$1.56B
| $311K | ﹤0.01% |
46,336
-69,784
| -60% | -$488K |
|
2104
Ramaco Resources Class A
METC
$676M
| $310K | ﹤0.01% |
+18,673
| New | +$259K |
|
2105
Mercantile Bank Corp
MBWM
$1.01B
| $310K | ﹤0.01% |
7,672
-1
| -0% | -$35 |
|
|
BRY
2106
DELISTED
Berry Corp
BRY
| $309K | ﹤0.01% |
44,019
-1,369
| -3% | -$10.3K |
|
2107
Comstock Resources
CRK
$3.97B
| $307K | ﹤0.01% |
34,742
+615
| +2% | +$6.65K |
|
2108
Cullen/Frost Bankers
CFR
$10.3B
| $307K | ﹤0.01% |
2,832
+5
| +0.2% | +$486 |
|
2109
JD.com
JD
$40.8B
| $307K | ﹤0.01% |
10,625
-3,060
| -22% | -$82.9K |
|
2110
AMC Global Media
AMCX
$430M
| $306K | ﹤0.01% |
16,292
+254
| +2% | +$3.76K |
|
2111
Algonquin Power & Utilities
AQN
$4.69B
| $305K | ﹤0.01% |
48,289
-10,199
| -17% | -$59.6K |
|
2112
Hyster-Yale Materials Handling
HY
$593M
| $304K | ﹤0.01% |
4,890
+234
| +5% | +$11.1K |
|
2113
Vishay Intertechnology
VSH
$5.86B
| $303K | ﹤0.01% |
12,642
-2,045
| -14% | -$47.4K |
|
|
GOLD
2114
Gold.com Inc
GOLD
$1.14B
| $303K | ﹤0.01% |
10,006
-39
| -0.4% | -$1.11K |
|
2115
Franklin Electric
FELE
$4.67B
| $302K | ﹤0.01% |
3,125
+186
| +6% | +$16.7K |
|
2116
Montauk Renewables
MNTK
$266M
| $300K | ﹤0.01% |
+33,686
| New | +$315K |
|
2117
Century Aluminum
CENX
$4.57B
| $300K | ﹤0.01% |
24,709
-1
| -0% | -$8 |
|
|
ZYXI
2118
DELISTED
Zynex
ZYXI
| $299K | ﹤0.01% |
27,491
-32
| -0.1% | -$285 |
|
2119
Global E Online
GLBE
$6.08B
| $299K | ﹤0.01% |
7,537
+627
| +9% | +$22.6K |
|
2120
Franklin Covey
FC
$233M
| $299K | ﹤0.01% |
6,860
+30
| +0.4% | +$1.19K |
|
2121
Astronics
ATRO
$3.45B
| $298K | ﹤0.01% |
20,501
| – | – |
|
2122
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$633M
| $297K | ﹤0.01% |
7,050
-7,526
| -52% | -$286K |
|
2123
Doximity
DOCS
$3.67B
| $297K | ﹤0.01% |
10,584
-2,323
| -18% | -$54.9K |
|
2124
Mine Safety
MSA
$6.74B
| $296K | ﹤0.01% |
1,753
-2,884
| -62% | -$469K |
|
2125
Core & Main
CNM
$8.17B
| $295K | ﹤0.01% |
7,301
-8,794
| -55% | -$298K |
|
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.