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 |
Advanced Micro Devices
AMD
|
+$824M |
| 2 |
Lam Research
LRCX
|
+$571M |
| 3 |
Cisco
CSCO
|
+$570M |
| 4 |
Apple
AAPL
|
+$535M |
| 5 |
Bank of America
BAC
|
+$516M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America Series L
BAC.PRL
|
+$10.4B |
| 2 |
Johnson & Johnson
JNJ
|
+$1.06B |
| 3 |
Seagate
STX
|
+$1.05B |
| 4 |
ServiceNow
NOW
|
+$666M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$653M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.61% |
| 2 | Financials | 12.93% |
| 3 | Healthcare | 12.26% |
| 4 | Industrials | 9.49% |
| 5 | Consumer Discretionary | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
iShares Russell Mid-Cap ETF
IWR
$58.3B
| $64.2M | 0.02% |
666,823
+19,632
| +3% | +$1.89M |
|
552
United Airlines
UAL
$40.6B
| $64M | 0.02% |
572,182
-130,471
| -19% | -$13.2M |
|
553
Waste Management
WM
$90.5B
| $63.8M | 0.02% |
290,262
+129,848
| +81% | +$27.7M |
|
554
Aflac
AFL
$60.5B
| $63.7M | 0.02% |
577,544
-649,656
| -53% | -$71.6M |
|
|
SOLS
555
Solstice Advanced Materials
SOLS
$9.88B
| $63.5M | 0.02% |
+1,308,060
| New | +$61.6M |
|
556
CF Industries
CF
$18.2B
| $63.4M | 0.02% |
820,351
+55,752
| +7% | +$4.58M |
|
557
Doximity
DOCS
$4.74B
| $63M | 0.02% |
1,422,991
-1,934,514
| -58% | -$109M |
|
558
Penumbra
PEN
$12.9B
| $63M | 0.02% |
202,630
-10,501
| -5% | -$2.9M |
|
559
Axsome Therapeutics
AXSM
$11.2B
| $62.6M | 0.02% |
342,573
+56,975
| +20% | +$7.95M |
|
560
Canadian National Railway
CNI
$76.4B
| $62.3M | 0.02% |
629,572
+1,972
| +0.3% | +$190K |
|
561
Aptiv
APTV
$10.1B
| $62.2M | 0.02% |
817,247
-2,638,302
| -76% | -$212M |
|
562
Olema Pharmaceuticals
OLMA
$913M
| $61.9M | 0.02% |
2,476,665
-535,304
| -18% | -$9.53M |
|
563
Western Digital
WDC
$168B
| $61.5M | 0.02% |
356,972
+86,827
| +32% | +$13.2M |
|
564
Vanguard Morningstar Growth ETF
VUG
$231B
| $60.8M | 0.01% |
747,936
+129,294
| +21% | +$10.5M |
|
565
The Bancorp
TBBK
$2.83B
| $60.6M | 0.01% |
897,955
-195,248
| -18% | -$13.5M |
|
566
Granite Construction
GVA
$5.41B
| $60.6M | 0.01% |
525,530
-15,223
| -3% | -$1.64M |
|
|
ABVX
567
Abivax
ABVX
$10.6B
| $60.6M | 0.01% |
449,121
-66,969
| -13% | -$7.31M |
|
568
Structure Therapeutics
GPCR
$3.83B
| $60.5M | 0.01% |
870,582
+124,848
| +17% | +$5.1M |
|
569
Baker Hughes
BKR
$63.8B
| $60.4M | 0.01% |
1,325,815
-545,743
| -29% | -$25.9M |
|
570
Tapestry
TPR
$31.1B
| $60.3M | 0.01% |
472,112
+19,506
| +4% | +$2.23M |
|
571
IES Holdings
IESC
$15.3B
| $59.9M | 0.01% |
153,947
-1,168
| -0.8% | -$469K |
|
572
Enbridge
ENB
$112B
| $59.8M | 0.01% |
1,250,227
+42,330
| +4% | +$2.02M |
|
573
Construction Partners
ROAD
$6.9B
| $59.7M | 0.01% |
549,562
+37,959
| +7% | +$4.27M |
|
|
LGN
574
Legence Corp
LGN
$4.86B
| $59.6M | 0.01% |
1,384,077
-22,551
| -2% | -$891K |
|
575
Lumentum
LITE
$78B
| $59.3M | 0.01% |
160,961
-72,437
| -31% | -$18.6M |
|
Similar funds
Franklin Resources's Q4 2025 Portfolio in Review
As of Q4 2025, Franklin Resources held 3,311 positions worth $408B, up 1.6% from $401B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Franklin Resources withdrew a net $16.8B in Q4 2025, closing 194 positions and reducing 1,223 holdings. Its most notable exit was Kellanova, an estimated $270M position sold in full.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 27% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Franklin Resources opened a new position in Qnity Electronics Inc worth $288M.
- Franklin Resources's largest Q4 2025 buy was Qnity Electronics Inc: 3,521,358 shares worth $288M.
- Franklin Resources added most to Advanced Micro Devices in Q4 2025, an estimated $824M increase.
- Franklin Resources's biggest Q4 2025 reduction was Bank of America Series L, cutting an estimated $10.4B.
- Franklin Resources fully exited Kellanova in Q4 2025, selling an estimated $270M.
- Franklin Resources's ten largest holdings make up 25% of its $408B portfolio in Q4 2025.
- Franklin Resources opened 191 new positions and closed 194 in Q4 2025.
- Franklin Resources's portfolio value rose 1.6% quarter-over-quarter to $408B.
Based on Franklin Resources's 13F filing for Q4 2025, filed 11 Feb 2026.