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 | |
|---|---|---|---|---|---|---|
101
Morgan Stanley
MS
$338B
| $881M | 0.25% |
7,850,848
+3,369,520
| +75% | +$339M |
|
102
Costco
COST
$411B
| $879M | 0.25% |
988,380
-13,405
| -1% | -$11.6M |
|
103
CVS Health
CVS
$136B
| $873M | 0.25% |
12,944,362
-889,237
| -6% | -$51.9M |
|
104
Tesla
TSLA
$1.26T
| $867M | 0.24% |
3,958,174
+300,951
| +8% | +$68.6M |
|
105
Intercontinental Exchange
ICE
$81B
| $865M | 0.24% |
5,265,020
+390,332
| +8% | +$60.2M |
|
106
United Rentals
URI
$70.9B
| $862M | 0.24% |
996,014
+57,002
| +6% | +$41M |
|
107
Corteva
CTVA
$59.4B
| $861M | 0.24% |
14,788,607
+856,007
| +6% | +$46.7M |
|
108
Applied Materials
AMAT
$447B
| $846M | 0.24% |
3,956,500
-1,064,092
| -21% | -$218M |
|
109
TJX Companies
TJX
$170B
| $838M | 0.24% |
7,271,499
+657,529
| +10% | +$75.4M |
|
110
Eaton
ETN
$161B
| $837M | 0.24% |
2,421,626
+316,830
| +15% | +$96.8M |
|
111
Mercado Libre
MELI
$91.2B
| $832M | 0.23% |
400,142
-30,324
| -7% | -$57.1M |
|
|
AXON
112
Axon Enterprise
AXON
$39.6B
| $813M | 0.23% |
1,855,739
-12,274
| -0.7% | -$4.23M |
|
113
Chipotle Mexican Grill
CMG
$41.1B
| $806M | 0.23% |
13,661,937
+381,873
| +3% | +$21.1M |
|
114
Micron Technology
MU
$1.12T
| $789M | 0.22% |
7,283,124
+321,955
| +5% | +$33.7M |
|
115
Otis Worldwide
OTIS
$27.2B
| $775M | 0.22% |
7,349,744
+2,706,871
| +58% | +$258M |
|
116
O'Reilly Automotive
ORLY
$71.4B
| $775M | 0.22% |
9,431,100
-811,740
| -8% | -$59.6M |
|
117
KLA
KLAC
$286B
| $756M | 0.21% |
9,113,660
-563,760
| -6% | -$44.2M |
|
118
Entergy
ETR
$54B
| $754M | 0.21% |
11,437,718
+3,963,222
| +53% | +$234M |
|
119
Fair Isaac
FICO
$28B
| $741M | 0.21% |
357,976
-79,190
| -18% | -$135M |
|
120
Franklin US Treasury Bond ETF
FLGV
$1.03B
| $721M | 0.2% |
34,809,108
+2,994,777
| +9% | +$62.3M |
|
121
American International
AIG
$41.4B
| $713M | 0.2% |
9,162,465
+457,821
| +5% | +$34.1M |
|
122
Amgen
AMGN
$201B
| $700M | 0.2% |
2,156,091
+76,798
| +4% | +$25.1M |
|
123
Dover
DOV
$26.6B
| $697M | 0.2% |
3,595,372
-564,277
| -14% | -$103M |
|
124
EOG Resources
EOG
$77.5B
| $695M | 0.2% |
5,284,228
+2,076,134
| +65% | +$261M |
|
125
Cintas
CTAS
$81.3B
| $694M | 0.19% |
3,279,029
-317,359
| -9% | -$61.2M |
|
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.