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 |
Alphabet (Google) Class A
GOOGL
|
+$1.78B |
| 2 |
Amazon
AMZN
|
+$1.26B |
| 3 |
Blackrock
BLK
|
+$797M |
| 4 |
Cisco
CSCO
|
+$793M |
| 5 |
Prologis
PLD
|
+$721M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$1.52B |
| 2 |
Oracle
ORCL
|
+$981M |
| 3 |
Philip Morris
PM
|
+$577M |
| 4 |
NRG Energy
NRG
|
+$554M |
| 5 |
Cigna
CI
|
+$533M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.99% |
| 2 | Financials | 13.48% |
| 3 | Healthcare | 10.91% |
| 4 | Industrials | 9.67% |
| 5 | Consumer Discretionary | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Johnson Controls International
JCI
$91.7B
| $2.45B | 0.65% |
23,223,902
+675,862
| +3% | +$62.2M |
|
27
Coca-Cola
KO
$376B
| $2.4B | 0.64% |
33,959,078
-4,051,865
| -11% | -$289M |
|
|
28
Philip Morris
PM
$294B
| $2.33B | 0.62% |
12,780,818
-3,361,040
| -21% | -$577M |
|
29
RTX Corp
RTX
$297B
| $2.27B | 0.6% |
15,575,867
+221,984
| +1% | +$29.6M |
|
30
Capital One
COF
$137B
| $2.23B | 0.59% |
10,499,089
-275,489
| -3% | -$51.4M |
|
|
31
Oracle
ORCL
$450B
| $2.16B | 0.57% |
9,865,028
-6,076,996
| -38% | -$981M |
|
32
Merck
MRK
$334B
| $2.14B | 0.57% |
27,032,601
+5,135,748
| +23% | +$408M |
|
|
33
Blackrock
BLK
$183B
| $2.1B | 0.56% |
2,005,358
+842,901
| +73% | +$797M |
|
34
PepsiCo
PEP
$192B
| $2.06B | 0.55% |
15,577,073
+2,541,455
| +19% | +$342M |
|
35
Tesla
TSLA
$1.34T
| $2.02B | 0.54% |
6,368,596
-342,799
| -5% | -$103M |
|
36
Accenture
ACN
$109B
| $2.02B | 0.54% |
6,754,721
+193,402
| +3% | +$58.9M |
|
37
Thermo Fisher Scientific
TMO
$220B
| $1.99B | 0.53% |
4,897,546
+498,238
| +11% | +$208M |
|
38
Intuitive Surgical
ISRG
$142B
| $1.93B | 0.51% |
3,557,787
-259,334
| -7% | -$136M |
|
39
Salesforce
CRM
$165B
| $1.92B | 0.51% |
7,023,700
+918,091
| +15% | +$245M |
|
40
McKesson
MCK
$99.9B
| $1.9B | 0.5% |
2,590,373
-121,023
| -4% | -$85.4M |
|
41
Honeywell
HON
$74.2B
| $1.84B | 0.49% |
8,402,387
-93,276
| -1% | -$18.9M |
|
42
Franklin US Core Bond ETF
FLCB
$3.05B
| $1.75B | 0.46% |
81,487,315
+7,134,359
| +10% | +$152M |
|
43
Linde
LIN
$220B
| $1.74B | 0.46% |
3,718,376
+24,046
| +0.7% | +$11M |
|
44
TSMC
TSM
$2.23T
| $1.67B | 0.44% |
7,359,821
-28,707
| -0.4% | -$5.32M |
|
45
PNC Financial Services
PNC
$102B
| $1.6B | 0.43% |
8,601,245
-1,036,631
| -11% | -$175M |
|
|
46
UnitedHealth
UNH
$358B
| $1.52B | 0.4% |
4,877,439
-3,971,789
| -45% | -$1.52B |
|
47
Freeport-McMoran
FCX
$93.6B
| $1.52B | 0.4% |
34,991,350
-1,504,819
| -4% | -$57.2M |
|
48
T-Mobile US
TMUS
$197B
| $1.5B | 0.4% |
6,298,934
+309,922
| +5% | +$75.7M |
|
49
General Motors
GM
$75.8B
| $1.49B | 0.4% |
30,333,569
-402,619
| -1% | -$19.1M |
|
50
AstraZeneca
AZN
$244B
| $1.49B | 0.39% |
10,649,197
+98,200
| +0.9% | +$13.8M |
|
Similar funds
Franklin Resources's Q2 2025 Portfolio in Review
As of Q2 2025, Franklin Resources held 3,166 positions worth $377B, up 8.5% from $348B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Franklin Resources's Q2 2025 filing shows 203 new, 1,398 increased, 1,116 reduced and 141 closed positions. Its largest new stake was QXO Inc 5.50% Series B Preferred Stock: 1,357,026 shares worth $84.1M. The largest sale was UnitedHealth, an estimated $1.52B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 24% a quarter earlier, followed by Financials and Healthcare.
- Franklin Resources's largest Q2 2025 buy was QXO Inc 5.50% Series B Preferred Stock: 1,357,026 shares worth $84.1M.
- Franklin Resources added most to Alphabet (Google) Class A in Q2 2025, an estimated $1.78B increase.
- Franklin Resources's biggest Q2 2025 reduction was UnitedHealth, cutting an estimated $1.52B.
- Franklin Resources fully exited Sandy Spring Bancorp Inc in Q2 2025, selling an estimated $51.6M.
- Franklin Resources's ten largest holdings make up 23% of its $377B portfolio in Q2 2025.
- Franklin Resources opened 203 new positions and closed 141 in Q2 2025.
- Franklin Resources's portfolio value rose 8.5% quarter-over-quarter to $377B.
Based on Franklin Resources's 13F filing for Q2 2025, filed 12 Aug 2025.