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 |
Microsoft
MSFT
|
+$5.27B |
| 2 |
Apple
AAPL
|
+$2.81B |
| 3 |
Amazon
AMZN
|
+$2.22B |
| 4 |
ExxonMobil
XOM
|
+$1.66B |
| 5 |
UnitedHealth
UNH
|
+$1.41B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar Tree
DLTR
|
+$345M |
| 2 |
Franklin Investment Grade Corporate ETF
FLCO
|
+$293M |
| 3 |
Atlassian
TEAM
|
+$256M |
| 4 |
Parker-Hannifin
PH
|
+$227M |
| 5 |
Schwab US TIPS ETF
SCHP
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.84% |
| 2 | Healthcare | 14.55% |
| 3 | Financials | 10.81% |
| 4 | Industrials | 9.95% |
| 5 | Consumer Discretionary | 9.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Quanta Services
PWR
$93.9B
| $244M | 0.08% |
940,004
-90,568
| -9% | -$20M |
|
252
CoStar Group
CSGP
$11.3B
| $243M | 0.08% |
2,513,492
+1,112,353
| +79% | +$95.8M |
|
253
lululemon athletica
LULU
$13B
| $240M | 0.08% |
614,865
+501,419
| +442% | +$232M |
|
254
BellRing Brands
BRBR
$1.51B
| $238M | 0.08% |
4,032,530
+365,946
| +10% | +$20.8M |
|
255
DTE Energy
DTE
$31.1B
| $236M | 0.07% |
2,108,730
+12,880
| +0.6% | +$1.39M |
|
256
Arista Networks
ANET
$219B
| $231M | 0.07% |
3,181,016
+92,956
| +3% | +$6.27M |
|
257
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $228M | 0.07% |
4,514,452
+728,049
| +19% | +$36.9M |
|
|
VRN
258
DELISTED
Veren
VRN
| $226M | 0.07% |
27,648,944
+1,703,718
| +7% | +$11.9M |
|
259
BWX Technologies
BWXT
$16B
| $225M | 0.07% |
2,196,577
-30,987
| -1% | -$2.77M |
|
260
PTC
PTC
$13.7B
| $225M | 0.07% |
1,192,312
+40
| +0% | +$7.21K |
|
261
Zebra Technologies
ZBRA
$12.4B
| $223M | 0.07% |
740,026
+93
| +0% | +$24.9K |
|
262
ACI Worldwide
ACIW
$5.72B
| $223M | 0.07% |
6,709,104
-1,302,889
| -16% | -$40.2M |
|
263
Deere & Co
DE
$170B
| $222M | 0.07% |
540,086
+28,257
| +6% | +$10.8M |
|
|
WCN
264
Waste Connections
WCN
$42.8B
| $221M | 0.07% |
1,284,108
+1,147,876
| +843% | +$184M |
|
265
Gen Digital
GEN
$15.6B
| $220M | 0.07% |
9,835,739
-1,433,621
| -13% | -$31.8M |
|
266
State Street
STT
$50.9B
| $219M | 0.07% |
2,832,254
+2,395,178
| +548% | +$178M |
|
267
Baxter International
BAX
$11.6B
| $219M | 0.07% |
5,119,741
+442,252
| +9% | +$18M |
|
268
Cheniere Energy
LNG
$56.5B
| $219M | 0.07% |
1,356,515
+205,010
| +18% | +$33M |
|
269
Hartford Financial Services
HIG
$38.5B
| $217M | 0.07% |
2,110,183
-125,932
| -6% | -$11.5M |
|
270
Donaldson
DCI
$10.8B
| $216M | 0.07% |
2,888,708
+44,785
| +2% | +$3.05M |
|
271
Ametek
AME
$55.5B
| $215M | 0.07% |
1,175,185
-12,009
| -1% | -$2.07M |
|
|
FITB
272
Fifth Third Bancorp
FITB
$52B
| $214M | 0.07% |
5,741,261
-2,491,840
| -30% | -$86.7M |
|
273
Moody's
MCO
$81.7B
| $209M | 0.07% |
530,652
-45,478
| -8% | -$17.5M |
|
274
Autodesk
ADSK
$44.3B
| $208M | 0.07% |
799,249
+13,951
| +2% | +$3.53M |
|
275
Veralto
VLTO
$22.6B
| $208M | 0.07% |
2,342,829
+178,838
| +8% | +$14.8M |
|
Similar funds
Franklin Resources's Q1 2024 Portfolio in Review
As of Q1 2024, Franklin Resources held 2,997 positions worth $316B, up 48% from $214B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Franklin Resources deployed $75B of net new capital in Q1 2024, opening 303 new positions and adding to 1,284 existing holdings. Its largest new stake was Putnam ESG Core Bond ETF: 10,520,039 shares worth $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Dollar Tree, an estimated $345M trimmed.
- Franklin Resources's largest Q1 2024 buy was Putnam ESG Core Bond ETF: 10,520,039 shares worth $510M.
- Franklin Resources added most to Microsoft in Q1 2024, an estimated $5.27B increase.
- Franklin Resources's biggest Q1 2024 reduction was Dollar Tree, cutting an estimated $345M.
- Franklin Resources fully exited Cymabay Therapeutics in Q1 2024, selling an estimated $77.2M.
- Franklin Resources's ten largest holdings make up 20% of its $316B portfolio in Q1 2024.
- Franklin Resources opened 303 new positions and closed 136 in Q1 2024.
- Franklin Resources's portfolio value rose 48% quarter-over-quarter to $316B.
Based on Franklin Resources's 13F filing for Q1 2024, filed 13 May 2024.