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 | |
|---|---|---|---|---|---|---|
801
Western Alliance Bancorporation
WAL
$8.92B
| $28.5M | 0.01% |
338,713
-18,694
| -5% | -$1.52M |
|
|
ORKA
802
Oruka Therapeutics
ORKA
$7.16B
| $28.4M | 0.01% |
938,421
-127,361
| -12% | -$3.55M |
|
803
Lennar Class A
LEN
$21.1B
| $28.4M | 0.01% |
275,950
+138,522
| +101% | +$16.7M |
|
|
EMA
804
Emera Inc
EMA
$15.7B
| $28.3M | 0.01% |
575,033
-69,840
| -11% | -$3.37M |
|
805
L3Harris
LHX
$53.7B
| $28.3M | 0.01% |
96,526
-4,502
| -4% | -$1.3M |
|
806
Ryanair
RYAAY
$30.7B
| $28.3M | 0.01% |
391,605
+23,121
| +6% | +$1.5M |
|
|
GRMN
807
Garmin
GRMN
$59.8B
| $28M | 0.01% |
138,268
-9,826
| -7% | -$2.14M |
|
808
C.H. Robinson
CHRW
$17.1B
| $28M | 0.01% |
174,057
+47,417
| +37% | +$7M |
|
809
Innoviva
INVA
$1.5B
| $27.8M | 0.01% |
1,392,341
-1,105,440
| -44% | -$21.6M |
|
810
Phillips 66
PSX
$92.8B
| $27.7M | 0.01% |
214,855
+1,880
| +0.9% | +$253K |
|
811
Tarsus Pharmaceuticals
TARS
$3.07B
| $27.6M | 0.01% |
337,016
+314,833
| +1,419% | +$23.5M |
|
812
Kymera Therapeutics
KYMR
$9.51B
| $27.6M | 0.01% |
354,575
+322,913
| +1,020% | +$21.8M |
|
813
iShares MSCI Emerging Markets ETF
EEM
$30.5B
| $27.4M | 0.01% |
501,692
+978
| +0.2% | +$53.2K |
|
814
Dave Inc
DAVE
$4.26B
| $27.4M | 0.01% |
123,725
+62,375
| +102% | +$13.4M |
|
815
LegalZoom.com
LZ
$993M
| $27.3M | 0.01% |
2,752,363
-574,933
| -17% | -$5.7M |
|
|
BCAX
816
Bicara Therapeutics
BCAX
$1.56B
| $27.3M | 0.01% |
+1,620,025
| New | +$27.7M |
|
|
NTSK
817
Netskope Inc
NTSK
$6.54B
| $27.2M | 0.01% |
1,551,232
+783,092
| +102% | +$16.3M |
|
818
Cavco Industries
CVCO
$4.6B
| $27.2M | 0.01% |
45,996
+36,084
| +364% | +$20.4M |
|
819
JFrog
FROG
$11.5B
| $27.2M | 0.01% |
434,962
-84,084
| -16% | -$4.78M |
|
820
Arteris
AIP
$1.36B
| $27M | 0.01% |
1,743,031
+101,646
| +6% | +$1.47M |
|
821
NewAmsterdam Pharma
NAMS
$3.19B
| $27M | 0.01% |
769,120
+363,295
| +90% | +$13.2M |
|
822
Unum
UNM
$14.7B
| $26.9M | 0.01% |
346,790
-25,624
| -7% | -$1.96M |
|
823
Insulet
PODD
$10.1B
| $26.8M | 0.01% |
94,190
+235
| +0.3% | +$73.5K |
|
824
Globe Life
GL
$13.8B
| $26.7M | 0.01% |
191,014
-15,765
| -8% | -$2.14M |
|
825
BCE
BCE
$21.6B
| $26.7M | 0.01% |
1,119,197
+814,568
| +267% | +$19M |
|
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.