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 |
Apple
AAPL
|
+$1.62B |
| 2 |
Broadcom
AVGO
|
+$598M |
| 3 |
ExxonMobil
XOM
|
+$510M |
| 4 |
PepsiCo
PEP
|
+$389M |
| 5 |
Oracle
ORCL
|
+$349M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lam Research
LRCX
|
+$1.11B |
| 2 |
Constellation Energy
CEG
|
+$460M |
| 3 |
AbbVie
ABBV
|
+$388M |
| 4 |
Norfolk Southern
NSC
|
+$347M |
| 5 |
Williams Companies
WMB
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.04% |
| 2 | Healthcare | 13.68% |
| 3 | Financials | 11.6% |
| 4 | Industrials | 10.35% |
| 5 | Consumer Discretionary | 8.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Analog Devices
ADI
$185B
| $2.17B | 0.61% |
9,176,877
+1,189,940
| +15% | +$268M |
|
27
Intuitive Surgical
ISRG
$119B
| $2.16B | 0.61% |
4,430,615
-83,699
| -2% | -$39M |
|
28
Danaher
DHR
$135B
| $2.1B | 0.59% |
7,743,802
-286,168
| -4% | -$75.7M |
|
29
Honeywell
HON
$78B
| $2.04B | 0.57% |
9,951,048
-666,245
| -6% | -$129M |
|
30
Linde
LIN
$234B
| $2.02B | 0.57% |
4,235,641
-226,335
| -5% | -$103M |
|
31
Citigroup
C
$221B
| $2B | 0.56% |
30,027,213
+4,680,713
| +18% | +$289M |
|
32
RTX Corp
RTX
$282B
| $2B | 0.56% |
16,008,182
-1,924,488
| -11% | -$219M |
|
33
Synopsys
SNPS
$71.5B
| $1.99B | 0.56% |
3,651,958
-301,342
| -8% | -$162M |
|
34
Coca-Cola
KO
$349B
| $1.99B | 0.56% |
27,984,953
+1,609,565
| +6% | +$110M |
|
35
PNC Financial Services
PNC
$99.5B
| $1.94B | 0.54% |
10,286,202
+123,994
| +1% | +$21.7M |
|
36
Regeneron Pharmaceuticals
REGN
$68.3B
| $1.91B | 0.54% |
1,896,086
-27,016
| -1% | -$30.1M |
|
37
Union Pacific
UNP
$181B
| $1.8B | 0.5% |
7,322,450
+625,492
| +9% | +$152M |
|
38
Merck
MRK
$322B
| $1.76B | 0.49% |
16,049,161
+1,836,505
| +13% | +$218M |
|
39
Johnson Controls International
JCI
$87.4B
| $1.74B | 0.49% |
22,018,874
-640,702
| -3% | -$45M |
|
40
Franklin US Core Bond ETF
FLCB
$3.01B
| $1.7B | 0.48% |
78,695,720
+15,178,085
| +24% | +$329M |
|
41
Roper Technologies
ROP
$35.1B
| $1.69B | 0.48% |
3,054,215
-524,881
| -15% | -$289M |
|
42
Capital One
COF
$123B
| $1.65B | 0.46% |
10,387,265
+280,462
| +3% | +$39.9M |
|
43
Pultegroup
PHM
$23.7B
| $1.65B | 0.46% |
11,254,274
+585,735
| +5% | +$74.5M |
|
|
SCHW
44
Charles Schwab
SCHW
$177B
| $1.64B | 0.46% |
24,261,234
+3,157,923
| +15% | +$207M |
|
45
Target
TGT
$61.1B
| $1.61B | 0.45% |
10,220,166
-1,399,229
| -12% | -$208M |
|
46
Philip Morris
PM
$298B
| $1.56B | 0.44% |
13,000,570
+376,406
| +3% | +$43.7M |
|
47
Intuit
INTU
$77B
| $1.53B | 0.43% |
2,479,717
-37,854
| -2% | -$24.2M |
|
48
Monolithic Power Systems
MPWR
$68.6B
| $1.52B | 0.43% |
1,612,057
-143,289
| -8% | -$124M |
|
49
Medtronic
MDT
$105B
| $1.5B | 0.42% |
16,629,021
-3,065,673
| -16% | -$258M |
|
50
AstraZeneca
AZN
$261B
| $1.49B | 0.42% |
9,561,338
+761,358
| +9% | +$123M |
|
Similar funds
Franklin Resources's Q3 2024 Portfolio in Review
As of Q3 2024, Franklin Resources held 3,065 positions worth $356B, up 9.5% from $325B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Franklin Resources's Q3 2024 filing shows 208 new, 1,428 increased, 960 reduced and 150 closed positions. Its largest new stake was Smurfit Westrock: 4,272,935 shares worth $198M. The largest sale was Lam Research, an estimated $1.11B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q3 2024 buy was Smurfit Westrock: 4,272,935 shares worth $198M.
- Franklin Resources added most to Apple in Q3 2024, an estimated $1.62B increase.
- Franklin Resources's biggest Q3 2024 reduction was Constellation Energy, cutting an estimated $460M.
- Franklin Resources fully exited Lam Research in Q3 2024, selling an estimated $1.11B.
- Franklin Resources's ten largest holdings make up 21% of its $356B portfolio in Q3 2024.
- Franklin Resources opened 208 new positions and closed 150 in Q3 2024.
- Franklin Resources's portfolio value rose 9.5% quarter-over-quarter to $356B.
Based on Franklin Resources's 13F filing for Q3 2024, filed 12 Nov 2024.