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 |
AbbVie
ABBV
|
+$796M |
| 2 |
NextEra Energy
NEE
|
+$655M |
| 3 |
Home Depot
HD
|
+$635M |
| 4 |
Broadcom
AVGO
|
+$565M |
| 5 |
ConocoPhillips
COP
|
+$463M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Texas Instruments
TXN
|
+$711M |
| 2 |
NVIDIA
NVDA
|
+$642M |
| 3 |
Merck
MRK
|
+$448M |
| 4 |
Constellation Energy
CEG
|
+$424M |
| 5 |
Ameren
AEE
|
+$387M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.12% |
| 2 | Healthcare | 14.3% |
| 3 | Financials | 10.48% |
| 4 | Industrials | 9.82% |
| 5 | Consumer Discretionary | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Comcast
CMCSA
$79.2B
| $1.04B | 0.32% |
26,442,827
-4,399,927
| -14% | -$172M |
|
77
Ingersoll Rand
IR
$33.1B
| $1.03B | 0.32% |
11,318,611
+462,961
| +4% | +$42.6M |
|
78
Northrop Grumman
NOC
$76.6B
| $996M | 0.31% |
2,284,454
+128,104
| +6% | +$58.5M |
|
79
CRH
CRH
$66.9B
| $987M | 0.3% |
13,202,342
+3,063,045
| +30% | +$244M |
|
80
TSMC
TSM
$2.11T
| $986M | 0.3% |
5,673,219
+221,022
| +4% | +$33.5M |
|
81
Uber
UBER
$141B
| $966M | 0.3% |
13,290,391
-457,061
| -3% | -$31.8M |
|
82
McDonald's
MCD
$189B
| $955M | 0.29% |
3,746,730
+535,989
| +17% | +$142M |
|
83
Franklin US Equity Index ETF
USPX
$1.98B
| $935M | 0.29% |
19,614,158
-242,881
| -1% | -$11.1M |
|
84
NRG Energy
NRG
$30B
| $929M | 0.29% |
11,934,289
-2,618,741
| -18% | -$203M |
|
85
Accenture
ACN
$89.1B
| $927M | 0.28% |
3,054,548
+57,867
| +2% | +$17.7M |
|
86
Cigna
CI
$76.1B
| $920M | 0.28% |
2,783,279
+255,388
| +10% | +$88.1M |
|
87
Micron Technology
MU
$1.05T
| $916M | 0.28% |
6,961,169
-212,110
| -3% | -$26.7M |
|
88
Charter Communications
CHTR
$15.2B
| $906M | 0.28% |
3,031,451
+239,522
| +9% | +$65.4M |
|
89
Abbott
ABT
$180B
| $892M | 0.27% |
8,584,021
+11,309
| +0.1% | +$1.2M |
|
90
Trane Technologies
TT
$107B
| $887M | 0.27% |
2,697,061
+3,857
| +0.1% | +$1.23M |
|
91
Duke Energy
DUK
$101B
| $872M | 0.27% |
8,699,109
+149,494
| +2% | +$15M |
|
92
Hilton Worldwide
HLT
$74.3B
| $866M | 0.27% |
3,969,050
+235,146
| +6% | +$48.3M |
|
|
PPL
93
PPL Corp
PPL
$27.4B
| $858M | 0.26% |
31,027,535
+16,204,004
| +109% | +$455M |
|
94
Ecolab
ECL
$75.6B
| $852M | 0.26% |
3,581,555
-71,308
| -2% | -$16.5M |
|
95
American Tower
AMT
$78.1B
| $852M | 0.26% |
4,383,837
+377,751
| +9% | +$70.6M |
|
96
Costco
COST
$414B
| $852M | 0.26% |
1,001,785
-209,922
| -17% | -$164M |
|
97
Apollo Global Management
APO
$70B
| $832M | 0.26% |
7,050,313
+689,741
| +11% | +$78.3M |
|
98
Chipotle Mexican Grill
CMG
$40.7B
| $832M | 0.26% |
13,280,064
+743,964
| +6% | +$46.2M |
|
99
Blackrock
BLK
$163B
| $818M | 0.25% |
1,038,430
+1,248
| +0.1% | +$974K |
|
100
CVS Health
CVS
$137B
| $817M | 0.25% |
13,833,599
+2,387,375
| +21% | +$149M |
|
Similar funds
Franklin Resources's Q2 2024 Portfolio in Review
As of Q2 2024, Franklin Resources held 3,014 positions worth $325B, up 3% from $316B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Franklin Resources's Q2 2024 filing shows 156 new, 1,420 increased, 978 reduced and 153 closed positions. Its largest new stake was GE Vernova: 1,907,624 shares worth $327M. The largest sale was Texas Instruments, an estimated $711M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
- Franklin Resources's largest Q2 2024 buy was GE Vernova: 1,907,624 shares worth $327M.
- Franklin Resources added most to AbbVie in Q2 2024, an estimated $796M increase.
- Franklin Resources's biggest Q2 2024 reduction was Texas Instruments, cutting an estimated $711M.
- Franklin Resources fully exited Yeti Holdings in Q2 2024, selling an estimated $165M.
- Franklin Resources's ten largest holdings make up 21% of its $325B portfolio in Q2 2024.
- Franklin Resources opened 156 new positions and closed 153 in Q2 2024.
- Franklin Resources's portfolio value rose 3% quarter-over-quarter to $325B.
Based on Franklin Resources's 13F filing for Q2 2024, filed 14 Aug 2024.