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 | |
|---|---|---|---|---|---|---|
2176
Rhythm Pharmaceuticals
RYTM
$7B
| $270K | ﹤0.01% |
+5,876
| New | +$185K |
|
2177
Vita Coco
COCO
$3.77B
| $269K | ﹤0.01% |
10,488
| – | – |
|
2178
Whirlpool
WHR
$2.42B
| $268K | ﹤0.01% |
2,201
-1,919
| -47% | -$224K |
|
2179
Accel Entertainment
ACEL
$979M
| $268K | ﹤0.01% |
+26,092
| New | +$269K |
|
2180
Norwegian Cruise Line
NCLH
$8.89B
| $268K | ﹤0.01% |
13,363
+4
| +0% | +$64 |
|
2181
1stdibs.com
DIBS
$145M
| $267K | ﹤0.01% |
57,038
| – | – |
|
|
SNCY
2182
DELISTED
Sun Country Airlines
SNCY
| $267K | ﹤0.01% |
+16,944
| New | +$249K |
|
2183
OmniAb
OABI
$294M
| $266K | ﹤0.01% |
+43,106
| New | +$212K |
|
2184
Service Corp International
SCI
$11.4B
| $263K | ﹤0.01% |
3,845
-6,320
| -62% | -$380K |
|
2185
FormFactor
FORM
$8.11B
| $262K | ﹤0.01% |
6,280
+306
| +5% | +$11.2K |
|
2186
ORIX
IX
$44B
| $261K | ﹤0.01% |
13,995
+465
| +3% | +$8.46K |
|
2187
DXP Enterprises
DXPE
$2.62B
| $261K | ﹤0.01% |
7,755
+26
| +0.3% | +$849 |
|
2188
United Parks & Resorts
PRKS
$2.11B
| $261K | ﹤0.01% |
4,941
-705
| -12% | -$33.6K |
|
|
SRDX
2189
DELISTED
Surmodics
SRDX
| $261K | ﹤0.01% |
7,174
+317
| +5% | +$10.4K |
|
|
SILK
2190
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $260K | ﹤0.01% |
21,163
-468
| -2% | -$4.39K |
|
|
IAS
2191
DELISTED
Integral Ad Science
IAS
| $259K | ﹤0.01% |
18,031
| – | – |
|
2192
MGE Energy Inc
MGEE
$3.11B
| $259K | ﹤0.01% |
3,583
+110
| +3% | +$7.96K |
|
2193
Zillow
ZG
$7.02B
| $259K | ﹤0.01% |
4,563
+52
| +1% | +$2.23K |
|
|
AD
2194
Array Digital Infrastructure
AD
$3.02B
| $259K | ﹤0.01% |
6,227
-3
| -0% | -$127 |
|
2195
Mesa Laboratories
MLAB
$539M
| $258K | ﹤0.01% |
2,465
-6
| -0.2% | -$585 |
|
2196
Stagwell
STGW
$1.84B
| $257K | ﹤0.01% |
38,718
+2,909
| +8% | +$14.5K |
|
2197
InterContinental Hotels
IHG
$23B
| $256K | ﹤0.01% |
2,807
-395
| -12% | -$31.2K |
|
|
TXNM
2198
TXNM Energy Inc
TXNM
$6.47B
| $256K | ﹤0.01% |
6,152
-7,794
| -56% | -$334K |
|
2199
Westlake Corp
WLK
$9.46B
| $255K | ﹤0.01% |
+1,823
| New | +$231K |
|
2200
Ambarella
AMBA
$2.99B
| $255K | ﹤0.01% |
4,154
+314
| +8% | +$17.1K |
|
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.