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 | |
|---|---|---|---|---|---|---|
|
ATSG
2126
DELISTED
Air Transport Services Group
ATSG
| $295K | ﹤0.01% |
16,750
| – | – |
|
2127
Caribou Biosciences
CRBU
$156M
| $294K | ﹤0.01% |
51,291
+36,657
| +250% | +$181K |
|
2128
Nu Skin
NUS
$247M
| $294K | ﹤0.01% |
+15,125
| New | +$279K |
|
2129
Opko Health
OPK
$921M
| $293K | ﹤0.01% |
193,867
| – | – |
|
2130
Fulgent Genetics
FLGT
$559M
| $292K | ﹤0.01% |
10,084
-23
| -0.2% | -$615 |
|
2131
nLIGHT
LASR
$3.95B
| $291K | ﹤0.01% |
21,584
+43
| +0.2% | +$481 |
|
2132
Iovance Biotherapeutics
IOVA
$2.23B
| $291K | ﹤0.01% |
35,768
+10,751
| +43% | +$56.3K |
|
|
SWI
2133
DELISTED
SolarWinds Corporation Common Stock
SWI
| $291K | ﹤0.01% |
23,279
| – | – |
|
2134
iShares Core Dividend Growth ETF
DGRO
$42.6B
| $291K | ﹤0.01% |
5,400
-22
| -0.4% | -$1.12K |
|
2135
American Airlines Group
AAL
$9.58B
| $290K | ﹤0.01% |
21,136
-663
| -3% | -$8.32K |
|
2136
Spok Holdings
SPOK
$221M
| $290K | ﹤0.01% |
+18,738
| New | +$288K |
|
2137
Alerian MLP ETF
AMLP
$13B
| $289K | ﹤0.01% |
6,800
| – | – |
|
|
FFIC
2138
DELISTED
Flushing Financial
FFIC
| $288K | ﹤0.01% |
17,498
+340
| +2% | +$4.74K |
|
2139
Valmont Industries
VMI
$9.44B
| $288K | ﹤0.01% |
1,232
-82
| -6% | -$18K |
|
|
SOVO
2140
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $288K | ﹤0.01% |
13,057
+2,957
| +29% | +$65K |
|
2141
Post Holdings
POST
$4.12B
| $288K | ﹤0.01% |
3,265
-15,382
| -82% | -$1.31M |
|
|
IMGN
2142
DELISTED
Immunogen Inc
IMGN
| $287K | ﹤0.01% |
9,695
-116,628
| -92% | -$2.32M |
|
|
MTTR
2143
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $287K | ﹤0.01% |
106,566
+1,021
| +1% | +$2.46K |
|
|
VMEO
2144
DELISTED
Vimeo
VMEO
| $287K | ﹤0.01% |
73,111
-32
| -0% | -$114 |
|
|
HDSN
2145
Hudson Technologies
HDSN
$267M
| $286K | ﹤0.01% |
21,207
+208
| +1% | +$2.69K |
|
|
DMC
2146
Del Monte Corp
DMC
$1.35B
| $286K | ﹤0.01% |
10,880
-514
| -5% | -$12.7K |
|
2147
Genie Energy
GNE
$378M
| $285K | ﹤0.01% |
+10,149
| New | +$233K |
|
2148
Business First Bancshares
BFST
$1.02B
| $285K | ﹤0.01% |
11,561
| – | – |
|
2149
Novanta
NOVT
$5.04B
| $284K | ﹤0.01% |
1,686
+43
| +3% | +$6.27K |
|
2150
Byline Bancorp
BY
$1.75B
| $283K | ﹤0.01% |
12,009
-1
| -0% | -$21 |
|
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.