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 | |
|---|---|---|---|---|---|---|
51
ConocoPhillips
COP
$147B
| $1.47B | 0.41% |
13,557,351
+1,506,599
| +13% | +$165M |
|
52
Texas Instruments
TXN
$257B
| $1.47B | 0.41% |
7,025,965
+55,690
| +0.8% | +$11.2M |
|
53
T-Mobile US
TMUS
$192B
| $1.45B | 0.41% |
6,553,703
+590,711
| +10% | +$113M |
|
54
Stryker
SYK
$125B
| $1.45B | 0.41% |
4,022,966
-381,461
| -9% | -$132M |
|
55
Booking.com
BKNG
$136B
| $1.4B | 0.39% |
8,122,500
+1,098,500
| +16% | +$169M |
|
56
General Motors
GM
$74.1B
| $1.38B | 0.39% |
28,102,320
-1,347,840
| -5% | -$62.5M |
|
57
Boston Scientific
BSX
$65.4B
| $1.38B | 0.39% |
15,707,102
-1,455,465
| -8% | -$115M |
|
58
Home Depot
HD
$324B
| $1.35B | 0.38% |
3,250,140
-655,539
| -17% | -$239M |
|
59
Freeport-McMoran
FCX
$88.6B
| $1.35B | 0.38% |
27,310,294
+2,366,187
| +9% | +$107M |
|
60
CRH
CRH
$65.2B
| $1.33B | 0.37% |
14,351,050
+1,148,708
| +9% | +$96.5M |
|
61
Northrop Grumman
NOC
$76.2B
| $1.32B | 0.37% |
2,426,270
+141,816
| +6% | +$69.4M |
|
62
Apollo Global Management
APO
$68.5B
| $1.3B | 0.36% |
8,653,382
+1,603,069
| +23% | +$185M |
|
63
Cadence Design Systems
CDNS
$91.7B
| $1.29B | 0.36% |
4,583,131
-310,750
| -6% | -$85.9M |
|
64
Salesforce
CRM
$133B
| $1.28B | 0.36% |
4,394,068
-404,059
| -8% | -$103M |
|
65
United Parcel Service
UPS
$96.6B
| $1.28B | 0.36% |
9,495,457
-1,024,679
| -10% | -$135M |
|
66
Lockheed Martin
LMT
$132B
| $1.27B | 0.36% |
2,085,251
-213,335
| -9% | -$115M |
|
67
Southern Company
SO
$109B
| $1.27B | 0.36% |
14,150,402
-2,160,396
| -13% | -$185M |
|
68
McKesson
MCK
$96.9B
| $1.24B | 0.35% |
2,506,552
-6,184
| -0.2% | -$3.44M |
|
69
Adobe
ADBE
$86.6B
| $1.24B | 0.35% |
2,424,024
+163,983
| +7% | +$89.9M |
|
70
TSMC
TSM
$2.13T
| $1.23B | 0.35% |
6,423,734
+750,515
| +13% | +$128M |
|
71
ASML
ASML
$688B
| $1.23B | 0.35% |
1,411,223
-90,066
| -6% | -$80.5M |
|
72
Advanced Micro Devices
AMD
$888B
| $1.22B | 0.34% |
7,367,421
-14,952
| -0.2% | -$2.27M |
|
73
Qualcomm
QCOM
$179B
| $1.21B | 0.34% |
6,832,693
+110,828
| +2% | +$19.6M |
|
74
Ingersoll Rand
IR
$32.9B
| $1.21B | 0.34% |
11,597,321
+278,710
| +2% | +$25.9M |
|
75
Air Products & Chemicals
APD
$65.6B
| $1.17B | 0.33% |
3,655,092
-741,321
| -17% | -$203M |
|
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.