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 | |
|---|---|---|---|---|---|---|
|
SCHW
51
Charles Schwab
SCHW
$176B
| $1.41B | 0.45% |
19,511,114
+10,038,416
| +106% | +$661M |
|
52
Pultegroup
PHM
$24.2B
| $1.4B | 0.44% |
11,576,006
+11,149,996
| +2,617% | +$1.2B |
|
53
Qualcomm
QCOM
$176B
| $1.39B | 0.44% |
8,189,364
+6,439,970
| +368% | +$995M |
|
54
Cadence Design Systems
CDNS
$90.8B
| $1.36B | 0.43% |
4,358,476
+1,382,657
| +46% | +$409M |
|
55
Comcast
CMCSA
$79.7B
| $1.34B | 0.42% |
30,842,754
+4,434,623
| +17% | +$191M |
|
56
McKesson
MCK
$97.3B
| $1.31B | 0.41% |
2,434,843
+2,278,662
| +1,459% | +$1.16B |
|
57
Franklin US Core Bond ETF
FLCB
$3.01B
| $1.29B | 0.41% |
60,284,312
+1,744,308
| +3% | +$37.2M |
|
58
Lockheed Martin
LMT
$134B
| $1.22B | 0.39% |
2,684,495
+95,048
| +4% | +$41.7M |
|
59
Monolithic Power Systems
MPWR
$66.5B
| $1.22B | 0.38% |
1,794,556
-36,013
| -2% | -$24M |
|
60
Southern Company
SO
$110B
| $1.21B | 0.38% |
16,929,875
+1,271,005
| +8% | +$87.7M |
|
61
AstraZeneca
AZN
$263B
| $1.17B | 0.37% |
8,611,058
+3,708,308
| +76% | +$491M |
|
62
Advanced Micro Devices
AMD
$846B
| $1.15B | 0.36% |
6,382,665
+3,580,713
| +128% | +$626M |
|
63
Air Products & Chemicals
APD
$65.8B
| $1.15B | 0.36% |
4,728,358
+1,138,980
| +32% | +$279M |
|
64
Boston Scientific
BSX
$65.2B
| $1.07B | 0.34% |
15,676,530
+14,154,402
| +930% | +$910M |
|
65
Adobe
ADBE
$87B
| $1.06B | 0.34% |
2,107,057
+523,179
| +33% | +$300M |
|
66
Freeport-McMoran
FCX
$88B
| $1.06B | 0.34% |
22,552,874
+17,511,599
| +347% | +$707M |
|
67
Uber
UBER
$140B
| $1.06B | 0.34% |
13,747,452
+5,562,621
| +68% | +$399M |
|
68
Booking.com
BKNG
$136B
| $1.05B | 0.33% |
7,258,800
+2,491,550
| +52% | +$355M |
|
69
ConocoPhillips
COP
$147B
| $1.05B | 0.33% |
8,239,721
+6,148,259
| +294% | +$701M |
|
70
Philip Morris
PM
$301B
| $1.05B | 0.33% |
11,419,345
+6,981,910
| +157% | +$644M |
|
71
Accenture
ACN
$87.9B
| $1.04B | 0.33% |
2,996,681
+94,277
| +3% | +$34.4M |
|
72
Northrop Grumman
NOC
$76.9B
| $1.03B | 0.33% |
2,156,350
+1,383,120
| +179% | +$637M |
|
73
Ingersoll Rand
IR
$33.3B
| $1.03B | 0.33% |
10,855,650
+8,925,856
| +463% | +$763M |
|
74
Capital One
COF
$123B
| $1.02B | 0.32% |
6,882,392
+3,510,310
| +104% | +$475M |
|
75
Lam Research
LRCX
$388B
| $1B | 0.32% |
10,314,760
+749,280
| +8% | +$65.9M |
|
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.