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 | |
|---|---|---|---|---|---|---|
2251
United States Lime & Minerals
USLM
$3.18B
| $226K | ﹤0.01% |
+4,895
| New | +$207K |
|
2252
J&J Snack Foods
JJSF
$1.43B
| $225K | ﹤0.01% |
+1,348
| New | +$219K |
|
|
ZIMV
2253
DELISTED
ZimVie
ZIMV
| $224K | ﹤0.01% |
12,617
-7,017
| -36% | -$70.7K |
|
2254
Coastal Financial
CCB
$1.1B
| $224K | ﹤0.01% |
5,033
| – | – |
|
|
FARO
2255
DELISTED
Faro Technologies
FARO
| $223K | ﹤0.01% |
+9,916
| New | +$170K |
|
2256
Evolus
EOLS
$394M
| $223K | ﹤0.01% |
+21,206
| New | +$190K |
|
2257
Global X Cybersecurity ETF
BUG
$1.2B
| $223K | ﹤0.01% |
7,612
+800
| +12% | +$20.6K |
|
|
AGR
2258
DELISTED
Avangrid, Inc.
AGR
| $223K | ﹤0.01% |
6,880
-440
| -6% | -$13.7K |
|
2259
Kaiser Aluminum
KALU
$2.67B
| $221K | ﹤0.01% |
3,102
-137
| -4% | -$8.68K |
|
2260
Designer Brands
DBI
$277M
| $220K | ﹤0.01% |
24,868
+493
| +2% | +$5.19K |
|
2261
Seadrill
SDRL
$2.81B
| $220K | ﹤0.01% |
+4,649
| New | +$197K |
|
2262
Evolent Health
EVH
$475M
| $219K | ﹤0.01% |
+6,621
| New | +$187K |
|
2263
Brown-Forman Class A
BF.A
$12.3B
| $218K | ﹤0.01% |
3,663
-283
| -7% | -$16.6K |
|
2264
Liquidity Services
LQDT
$1.17B
| $218K | ﹤0.01% |
12,671
+58
| +0.5% | +$1.1K |
|
2265
Urban Edge Properties
UE
$2.94B
| $217K | ﹤0.01% |
11,866
+95
| +0.8% | +$1.56K |
|
2266
Sinclair Inc
SBGI
$974M
| $215K | ﹤0.01% |
16,468
+188
| +1% | +$2.31K |
|
2267
Selective Insurance
SIGI
$5.74B
| $214K | ﹤0.01% |
+2,151
| New | +$221K |
|
2268
Definitive Healthcare
DH
$72.1M
| $214K | ﹤0.01% |
21,495
-15,506
| -42% | -$122K |
|
2269
Harley-Davidson
HOG
$2.68B
| $214K | ﹤0.01% |
5,798
-41,834
| -88% | -$1.29M |
|
|
PINC
2270
DELISTED
Premier
PINC
| $213K | ﹤0.01% |
9,527
-46,028
| -83% | -$952K |
|
|
TRUE
2271
DELISTED
TrueCar
TRUE
| $213K | ﹤0.01% |
61,431
-102
| -0.2% | -$259 |
|
2272
Workiva
WK
$2.94B
| $212K | ﹤0.01% |
2,092
+544
| +35% | +$52.5K |
|
2273
Tetra Tech
TTEK
$8.23B
| $212K | ﹤0.01% |
+6,355
| New | +$203K |
|
2274
CION Investment
CION
$297M
| $212K | ﹤0.01% |
18,734
-37
| -0.2% | -$393 |
|
|
SP
2275
DELISTED
SP Plus Corporation
SP
| $212K | ﹤0.01% |
4,133
-3,475
| -46% | -$174K |
|
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.