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 | |
|---|---|---|---|---|---|---|
351
DraftKings
DKNG
$11.4B
| $131M | 0.04% |
+2,874,613
| New | +$117M |
|
352
iShares Short-Term National Muni Bond ETF
SUB
$11.3B
| $130M | 0.04% |
1,239,888
-7,909
| -0.6% | -$830K |
|
353
Nice
NICE
$5.29B
| $130M | 0.04% |
497,428
-150,774
| -23% | -$34.2M |
|
354
CNO Financial Group
CNO
$4.97B
| $129M | 0.04% |
4,707,673
+385,056
| +9% | +$10.4M |
|
355
American Water Works
AWK
$26.3B
| $129M | 0.04% |
1,057,952
-90,026
| -8% | -$11.1M |
|
356
FirstEnergy
FE
$28.9B
| $129M | 0.04% |
3,346,722
+38,727
| +1% | +$1.45M |
|
357
Arthur J. Gallagher & Co
AJG
$63.7B
| $129M | 0.04% |
513,963
-21,886
| -4% | -$5.26M |
|
358
Columbus McKinnon
CMCO
$465M
| $128M | 0.04% |
2,869,664
+423,821
| +17% | +$17.1M |
|
|
CYBR
359
DELISTED
CyberArk
CYBR
| $128M | 0.04% |
480,577
-26,548
| -5% | -$6.58M |
|
360
HealthEquity
HQY
$7.91B
| $127M | 0.04% |
1,559,388
+78,733
| +5% | +$6.15M |
|
361
WSFS Financial
WSFS
$4.1B
| $127M | 0.04% |
2,819,358
-66,676
| -2% | -$2.9M |
|
362
MakeMyTrip
MMYT
$4.67B
| $127M | 0.04% |
1,790,895
+37,745
| +2% | +$2.15M |
|
363
Envista
NVST
$4.28B
| $127M | 0.04% |
5,941,273
+679,181
| +13% | +$15.4M |
|
364
Franklin Systematic Style Premia ETF
FLSP
$1.02B
| $126M | 0.04% |
5,280,448
+752,367
| +17% | +$17.4M |
|
365
Primoris Services
PRIM
$4.69B
| $126M | 0.04% |
2,954,396
+500,416
| +20% | +$18.5M |
|
|
X
366
DELISTED
US Steel
X
| $125M | 0.04% |
3,071,852
+774,923
| +34% | +$35.5M |
|
367
AutoZone
AZO
$48.3B
| $125M | 0.04% |
39,624
+1,757
| +5% | +$5.02M |
|
368
Franklin High Yield Corporate ETF
FLHY
$1.21B
| $125M | 0.04% |
5,253,630
-67,674
| -1% | -$1.59M |
|
|
NARI
369
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $123M | 0.04% |
2,573,248
-254,827
| -9% | -$13.6M |
|
370
Mueller Water Products
MWA
$3.92B
| $122M | 0.04% |
7,613,222
+114,512
| +2% | +$1.7M |
|
371
IQVIA
IQV
$34.7B
| $122M | 0.04% |
481,204
+1,428
| +0.3% | +$333K |
|
372
Tronox
TROX
$995M
| $122M | 0.04% |
7,011,511
+826,290
| +13% | +$12M |
|
373
iShares MSCI India ETF
INDA
$6.71B
| $121M | 0.04% |
2,349,782
+2,282,138
| +3,374% | +$115M |
|
374
ICICI Bank
IBN
$106B
| $121M | 0.04% |
4,583,045
+2,621,307
| +134% | +$65.4M |
|
375
Green Plains
GPRE
$1.19B
| $119M | 0.04% |
5,145,092
+1,959,732
| +62% | +$42.9M |
|
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.