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 | |
|---|---|---|---|---|---|---|
601
Molson Coors Class B
TAP
$7.68B
| $42.7M | 0.01% |
635,191
+398,680
| +169% | +$25.3M |
|
|
DFS
602
DELISTED
Discover Financial Services
DFS
| $42.6M | 0.01% |
324,828
+255,838
| +371% | +$29.3M |
|
603
ICF International
ICFI
$1.44B
| $42.5M | 0.01% |
282,390
+179,485
| +174% | +$26M |
|
604
Flywire
FLYW
$1.96B
| $42.3M | 0.01% |
1,705,959
-77,338
| -4% | -$1.81M |
|
605
Meritage Homes
MTH
$4.87B
| $42.3M | 0.01% |
482,098
+182,232
| +61% | +$14.7M |
|
606
Arch Capital
ACGL
$36.1B
| $42.2M | 0.01% |
456,232
+153,083
| +50% | +$12.9M |
|
607
Williams-Sonoma
WSM
$26.7B
| $42.1M | 0.01% |
265,084
+75,530
| +40% | +$8.77M |
|
608
Vanguard Value ETF
VTV
$189B
| $41.9M | 0.01% |
257,513
-7,388
| -3% | -$1.14M |
|
609
Camden National
CAC
$924M
| $41.9M | 0.01% |
1,250,616
+13,776
| +1% | +$466K |
|
610
Keros Therapeutics
KROS
$199M
| $41.8M | 0.01% |
632,049
-67,376
| -10% | -$4M |
|
611
Citizens Financial Group
CFG
$30.4B
| $41.6M | 0.01% |
1,147,647
-807,583
| -41% | -$26.5M |
|
612
First Commonwealth Financial
FCF
$2.12B
| $41.1M | 0.01% |
2,955,773
+258,271
| +10% | +$3.56M |
|
613
Consolidated Edison
ED
$41.6B
| $41M | 0.01% |
451,851
-239,269
| -35% | -$21.5M |
|
614
Natera
NTRA
$37.5B
| $41M | 0.01% |
448,387
+212,824
| +90% | +$16M |
|
615
Murphy USA
MUSA
$11.3B
| $40.6M | 0.01% |
96,889
+74,762
| +338% | +$29.2M |
|
616
Best Buy
BBY
$18B
| $40.5M | 0.01% |
493,210
+182,921
| +59% | +$13.9M |
|
617
LegalZoom.com
LZ
$1.23B
| $39.8M | 0.01% |
2,982,924
-59,727
| -2% | -$688K |
|
618
Cytokinetics
CYTK
$11B
| $39.6M | 0.01% |
565,296
-95,386
| -14% | -$7.38M |
|
619
AES
AES
$10.6B
| $39.6M | 0.01% |
2,209,345
-327,682
| -13% | -$5.48M |
|
620
Logitech
LOGI
$15.2B
| $39.6M | 0.01% |
442,819
+21,972
| +5% | +$1.96M |
|
621
Encompass Health
EHC
$11.2B
| $39.6M | 0.01% |
479,486
+422,221
| +737% | +$30.9M |
|
622
Alkami Technology
ALKT
$1.8B
| $39.5M | 0.01% |
1,606,466
+238,554
| +17% | +$5.86M |
|
623
SolarEdge
SEDG
$2.59B
| $39.5M | 0.01% |
555,972
+176
| +0% | +$12.7K |
|
624
iShares Russell 1000 Value ETF
IWD
$82B
| $39.4M | 0.01% |
219,815
+184,770
| +527% | +$31.3M |
|
625
Synchrony
SYF
$23.7B
| $39.1M | 0.01% |
905,731
+154,357
| +21% | +$6.15M |
|
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.