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 | |
|---|---|---|---|---|---|---|
2226
Metallus
MTUS
$873M
| $240K | ﹤0.01% |
10,230
-16
| -0.2% | -$336 |
|
2227
Tango Therapeutics
TNGX
$4.34B
| $238K | ﹤0.01% |
+24,083
| New | +$209K |
|
2228
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.83B
| $238K | ﹤0.01% |
2,971
| – | – |
|
2229
Anavex Life Sciences
AVXL
$222M
| $237K | ﹤0.01% |
25,509
+11,579
| +83% | +$79.7K |
|
2230
PC Connection
CNXN
$2.05B
| $237K | ﹤0.01% |
+3,520
| New | +$209K |
|
|
PDCO
2231
DELISTED
Patterson Companies, Inc.
PDCO
| $235K | ﹤0.01% |
+8,260
| New | +$243K |
|
2232
VanEck Semiconductor ETF
SMH
$67.6B
| $234K | ﹤0.01% |
1,339
-131
| -9% | -$20.5K |
|
2233
Applied Digital
APLD
$7.77B
| $234K | ﹤0.01% |
34,731
| – | – |
|
2234
Aegon
AEG
$13.5B
| $234K | ﹤0.01% |
+40,625
| New | +$211K |
|
2235
Power Integrations
POWI
$3.54B
| $234K | ﹤0.01% |
2,848
-288
| -9% | -$22.1K |
|
2236
Nurix Therapeutics
NRIX
$2.43B
| $233K | ﹤0.01% |
22,621
-11
| -0% | -$75 |
|
2237
World Acceptance Corp
WRLD
$950M
| $233K | ﹤0.01% |
1,786
+23
| +1% | +$2.69K |
|
2238
Varex Imaging
VREX
$460M
| $233K | ﹤0.01% |
11,366
-317
| -3% | -$6.05K |
|
2239
Hexcel
HXL
$8.32B
| $233K | ﹤0.01% |
+3,156
| New | +$213K |
|
2240
Teekay
TK
$975M
| $232K | ﹤0.01% |
32,454
| – | – |
|
2241
Immersion
IMMR
$216M
| $232K | ﹤0.01% |
+32,792
| New | +$218K |
|
|
CFB
2242
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $230K | ﹤0.01% |
16,919
-25
| -0.1% | -$286 |
|
2243
DNP Select Income Fund
DNP
$4.18B
| $229K | ﹤0.01% |
27,056
| – | – |
|
2244
Orthofix Medical
OFIX
$455M
| $229K | ﹤0.01% |
16,975
-21,164
| -55% | -$249K |
|
2245
Republic Bancorp
RBCAA
$1.84B
| $229K | ﹤0.01% |
+4,146
| New | +$197K |
|
2246
Energizer
ENR
$1.44B
| $227K | ﹤0.01% |
+7,173
| New | +$227K |
|
2247
Methanex
MEOH
$4.32B
| $227K | ﹤0.01% |
4,800
-43,375
| -90% | -$1.89M |
|
2248
OneSpan
OSPN
$562M
| $227K | ﹤0.01% |
21,158
-26
| -0.1% | -$255 |
|
2249
Moelis & Co
MC
$4.98B
| $227K | ﹤0.01% |
+4,037
| New | +$190K |
|
|
CBIO
2250
Crescent Biopharma
CBIO
$602M
| $226K | ﹤0.01% |
958
-1
| -0.1% | -$155 |
|
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.