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 | |
|---|---|---|---|---|---|---|
2151
Axsome Therapeutics
AXSM
$12.4B
| $282K | ﹤0.01% |
3,546
+11
| +0.3% | +$735 |
|
2152
Metropolitan Bank Holding Corp
MCB
$1.13B
| $282K | ﹤0.01% |
+5,084
| New | +$201K |
|
2153
Artivion
AORT
$1.23B
| $281K | ﹤0.01% |
15,723
-10
| -0.1% | -$156 |
|
2154
Aehr Test Systems
AEHR
$2.48B
| $281K | ﹤0.01% |
+10,576
| New | +$308K |
|
2155
Viking Therapeutics
VKTX
$4.04B
| $280K | ﹤0.01% |
15,058
-32,680
| -68% | -$427K |
|
2156
Health Catalyst
HCAT
$154M
| $280K | ﹤0.01% |
30,218
-274
| -0.9% | -$2.24K |
|
2157
TTM Technologies
TTMI
$13.6B
| $279K | ﹤0.01% |
+17,671
| New | +$246K |
|
2158
RLX Technology
RLX
$2.48B
| $279K | ﹤0.01% |
139,544
-10,121
| -7% | -$18.8K |
|
2159
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.07B
| $279K | ﹤0.01% |
2,059
+179
| +10% | +$22K |
|
2160
Vanguard Health Care ETF
VHT
$18.2B
| $279K | ﹤0.01% |
1,112
-450
| -29% | -$107K |
|
|
MODN
2161
DELISTED
MODEL N, INC.
MODN
| $278K | ﹤0.01% |
10,335
-80
| -0.8% | -$1.93K |
|
|
GOOD
2162
Gladstone Commercial Corp
GOOD
$627M
| $278K | ﹤0.01% |
21,000
-120
| -0.6% | -$1.5K |
|
2163
Nuveen ESG Mid-Cap Value ETF
NUMV
$445M
| $276K | ﹤0.01% |
8,750
| – | – |
|
2164
Vicor
VICR
$9.62B
| $276K | ﹤0.01% |
+6,135
| New | +$270K |
|
2165
Employers Holdings
EIG
$908M
| $275K | ﹤0.01% |
6,976
-10
| -0.1% | -$389 |
|
2166
Cabaletta Bio
CABA
$439M
| $274K | ﹤0.01% |
12,065
| – | – |
|
2167
Affirm
AFRM
$23.5B
| $274K | ﹤0.01% |
+5,566
| New | +$161K |
|
2168
Pearson
PSO
$9.78B
| $273K | ﹤0.01% |
22,207
+3,521
| +19% | +$41K |
|
2169
HCI Group
HCI
$2.28B
| $272K | ﹤0.01% |
+3,117
| New | +$228K |
|
2170
Mitek Systems
MITK
$762M
| $272K | ﹤0.01% |
20,882
+918
| +5% | +$10.2K |
|
2171
RCI Hospitality Holdings
RICK
$199M
| $272K | ﹤0.01% |
4,100
| – | – |
|
|
NVEE
2172
DELISTED
NV5 Global
NVEE
| $271K | ﹤0.01% |
9,760
+344
| +4% | +$8.74K |
|
2173
Northeast Community Bancorp
NECB
$368M
| $271K | ﹤0.01% |
15,263
+127
| +0.8% | +$2.06K |
|
2174
Zeta Global
ZETA
$4.77B
| $271K | ﹤0.01% |
30,696
| – | – |
|
2175
Alarm.com
ALRM
$2.56B
| $270K | ﹤0.01% |
4,186
-36
| -0.9% | -$2.06K |
|
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.