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 | |
|---|---|---|---|---|---|---|
126
Eaton
ETN
$157B
| $667M | 0.21% |
2,131,821
+173,957
| +9% | +$47.6M |
|
127
Mercado Libre
MELI
$91.3B
| $658M | 0.21% |
435,153
+26,272
| +6% | +$43M |
|
128
Corteva
CTVA
$59.7B
| $654M | 0.21% |
11,339,531
+11,015,399
| +3,398% | +$569M |
|
129
Palo Alto Networks
PANW
$264B
| $636M | 0.2% |
4,476,450
+1,054,564
| +31% | +$166M |
|
130
Bristol-Myers Squibb
BMY
$127B
| $628M | 0.2% |
11,572,046
+2,214,847
| +24% | +$113M |
|
131
Global Payments
GPN
$22.1B
| $627M | 0.2% |
4,689,023
-398,778
| -8% | -$52.7M |
|
132
Exelon
EXC
$48.6B
| $621M | 0.2% |
16,530,718
+9,528,739
| +136% | +$340M |
|
133
Franklin US Treasury Bond ETF
FLGV
$1.03B
| $617M | 0.2% |
30,129,801
+11,065,564
| +58% | +$227M |
|
134
Morgan Stanley
MS
$337B
| $614M | 0.19% |
6,521,133
-1,905,564
| -23% | -$168M |
|
135
Cisco
CSCO
$450B
| $605M | 0.19% |
12,116,129
+660,069
| +6% | +$32.9M |
|
136
Kenvue
KVUE
$37B
| $595M | 0.19% |
27,744,400
+6,928,596
| +33% | +$141M |
|
137
Netflix
NFLX
$292B
| $584M | 0.19% |
9,618,550
+7,084,530
| +280% | +$399M |
|
|
AXON
138
Axon Enterprise
AXON
$40.5B
| $582M | 0.18% |
1,858,948
-30,056
| -2% | -$8.35M |
|
139
Elevance Health
ELV
$81.9B
| $582M | 0.18% |
1,121,612
-77,376
| -6% | -$38.5M |
|
140
Nasdaq
NDAQ
$52.1B
| $577M | 0.18% |
9,146,052
+651,348
| +8% | +$37.7M |
|
141
Fair Isaac
FICO
$28.7B
| $568M | 0.18% |
454,296
+170,731
| +60% | +$214M |
|
142
DexCom
DXCM
$27.6B
| $555M | 0.18% |
4,001,122
+2,019,885
| +102% | +$254M |
|
143
Pfizer
PFE
$140B
| $552M | 0.17% |
19,879,959
-695,641
| -3% | -$19.3M |
|
144
Novartis
NVS
$295B
| $551M | 0.17% |
5,699,789
-215,200
| -4% | -$22.1M |
|
145
Humana
HUM
$46.7B
| $547M | 0.17% |
1,578,413
+663,227
| +72% | +$251M |
|
|
PLDR
146
DELISTED
Putnam Sustainable Leaders ETF
PLDR
| $541M | 0.17% |
+17,521,672
| New | +$509M |
|
147
CrowdStrike
CRWD
$187B
| $539M | 0.17% |
6,719,308
-842,780
| -11% | -$64.5M |
|
148
Mondelez International
MDLZ
$77.7B
| $538M | 0.17% |
7,684,352
+686,420
| +10% | +$50.1M |
|
149
Ameren
AEE
$31.5B
| $535M | 0.17% |
7,229,513
+5,299,131
| +275% | +$377M |
|
150
Gartner
IT
$9.41B
| $529M | 0.17% |
1,110,705
+189,989
| +21% | +$87.4M |
|
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.