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 | |
|---|---|---|---|---|---|---|
26
Roper Technologies
ROP
$35.1B
| $2.01B | 0.64% |
3,584,376
+318,562
| +10% | +$174M |
|
27
Danaher
DHR
$135B
| $2.01B | 0.64% |
8,037,995
+1,417,825
| +21% | +$346M |
|
28
Johnson & Johnson
JNJ
$624B
| $1.97B | 0.62% |
12,459,481
+1,493,916
| +14% | +$238M |
|
29
Texas Instruments
TXN
$260B
| $1.88B | 0.6% |
10,818,456
-1,109,754
| -9% | -$185M |
|
30
Salesforce
CRM
$129B
| $1.87B | 0.59% |
6,196,347
+2,608,227
| +73% | +$753M |
|
31
Intuitive Surgical
ISRG
$119B
| $1.78B | 0.56% |
4,457,234
+1,455,955
| +49% | +$550M |
|
32
Honeywell
HON
$78B
| $1.78B | 0.56% |
9,181,533
+3,155,301
| +52% | +$594M |
|
33
Broadcom
AVGO
$1.87T
| $1.77B | 0.56% |
13,352,920
+7,023,110
| +111% | +$870M |
|
34
PepsiCo
PEP
$184B
| $1.73B | 0.55% |
9,880,341
+925,390
| +10% | +$156M |
|
35
Stryker
SYK
$122B
| $1.71B | 0.54% |
4,791,681
+105,241
| +2% | +$35.4M |
|
36
Medtronic
MDT
$105B
| $1.69B | 0.54% |
19,433,696
+71,604
| +0.4% | +$6.11M |
|
37
Intuit
INTU
$77B
| $1.67B | 0.53% |
2,569,809
+19,743
| +0.8% | +$12.6M |
|
38
Regeneron Pharmaceuticals
REGN
$68.3B
| $1.63B | 0.52% |
1,694,298
+1,210,185
| +250% | +$1.15B |
|
39
Walt Disney
DIS
$161B
| $1.62B | 0.51% |
13,272,694
+805,825
| +6% | +$84.2M |
|
40
NextEra Energy
NEE
$187B
| $1.62B | 0.51% |
25,402,769
+2,934,058
| +13% | +$172M |
|
41
Analog Devices
ADI
$185B
| $1.6B | 0.51% |
8,094,855
-85,382
| -1% | -$16.4M |
|
42
Johnson Controls International
JCI
$87.4B
| $1.59B | 0.5% |
24,361,831
+7,942,493
| +48% | +$463M |
|
43
Union Pacific
UNP
$181B
| $1.56B | 0.5% |
6,356,357
+852,176
| +15% | +$210M |
|
44
PNC Financial Services
PNC
$99.5B
| $1.56B | 0.49% |
9,658,950
+4,770,623
| +98% | +$719M |
|
45
RTX Corp
RTX
$282B
| $1.51B | 0.48% |
15,496,827
+4,060,819
| +36% | +$367M |
|
46
Coca-Cola
KO
$349B
| $1.51B | 0.48% |
24,648,243
+17,933,178
| +267% | +$1.08B |
|
47
United Parcel Service
UPS
$97B
| $1.49B | 0.47% |
10,025,459
+418,404
| +4% | +$63.6M |
|
48
ASML
ASML
$693B
| $1.48B | 0.47% |
1,523,503
+185,166
| +14% | +$164M |
|
49
Citigroup
C
$221B
| $1.45B | 0.46% |
22,997,523
+18,638,356
| +428% | +$1.04B |
|
50
General Motors
GM
$73B
| $1.45B | 0.46% |
31,995,861
+18,264,612
| +133% | +$708M |
|
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.