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 | |
|---|---|---|---|---|---|---|
76
Constellation Energy
CEG
$98.4B
| $1B | 0.32% |
5,416,295
+4,992,659
| +1,179% | +$709M |
|
77
Tesla
TSLA
$1.26T
| $985M | 0.31% |
5,605,672
+1,165,337
| +26% | +$228M |
|
78
NRG Energy
NRG
$30.2B
| $985M | 0.31% |
14,553,030
+14,283,281
| +5,295% | +$801M |
|
79
West Pharmaceutical
WST
$25B
| $979M | 0.31% |
2,474,163
+368,574
| +18% | +$136M |
|
80
Applied Materials
AMAT
$447B
| $978M | 0.31% |
4,740,949
+2,007,976
| +73% | +$368M |
|
81
Goldman Sachs
GS
$317B
| $976M | 0.31% |
2,336,479
+1,976,229
| +549% | +$767M |
|
82
Abbott
ABT
$175B
| $974M | 0.31% |
8,572,712
+256,012
| +3% | +$29.3M |
|
83
T-Mobile US
TMUS
$183B
| $932M | 0.3% |
5,711,694
+3,973,253
| +229% | +$647M |
|
84
Cigna
CI
$75.7B
| $918M | 0.29% |
2,527,891
+2,351,438
| +1,333% | +$774M |
|
85
CVS Health
CVS
$136B
| $913M | 0.29% |
11,446,224
+880,835
| +8% | +$67.3M |
|
86
Franklin US Equity Index ETF
USPX
$1.97B
| $911M | 0.29% |
19,857,039
-68,944
| -0.3% | -$3.01M |
|
87
McDonald's
MCD
$187B
| $905M | 0.29% |
3,210,741
+59,646
| +2% | +$17.3M |
|
88
Shopify
SHOP
$145B
| $904M | 0.29% |
11,718,718
+366,265
| +3% | +$28.9M |
|
89
FedEx
FDX
$74.7B
| $900M | 0.29% |
3,107,881
+2,953,974
| +1,919% | +$739M |
|
90
Lowe's Companies
LOW
$113B
| $892M | 0.28% |
3,502,948
+176,590
| +5% | +$40.6M |
|
91
Costco
COST
$411B
| $888M | 0.28% |
1,211,707
+601,334
| +99% | +$429M |
|
92
CRH
CRH
$65.5B
| $874M | 0.28% |
10,139,297
+7,712,974
| +318% | +$590M |
|
93
Blackrock
BLK
$161B
| $865M | 0.27% |
1,037,182
-19,320
| -2% | -$15.5M |
|
94
HubSpot
HUBS
$9.73B
| $853M | 0.27% |
1,361,296
+252,886
| +23% | +$152M |
|
95
Micron Technology
MU
$1.12T
| $846M | 0.27% |
7,173,279
-227,649
| -3% | -$20.6M |
|
96
Ecolab
ECL
$74.1B
| $843M | 0.27% |
3,652,863
+404,289
| +12% | +$85.7M |
|
97
NXP Semiconductors
NXPI
$70B
| $838M | 0.27% |
3,382,713
+1,432,991
| +73% | +$331M |
|
98
Idexx Laboratories
IDXX
$42.5B
| $837M | 0.27% |
1,549,824
+144,000
| +10% | +$78.7M |
|
99
Duke Energy
DUK
$101B
| $827M | 0.26% |
8,549,615
+436,172
| +5% | +$41.4M |
|
100
Charter Communications
CHTR
$15.6B
| $811M | 0.26% |
2,791,929
+1,381,074
| +98% | +$444M |
|
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.