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 | |
|---|---|---|---|---|---|---|
126
Ecolab
ECL
$77.4B
| $686M | 0.17% |
2,613,205
-37,711
| -1% | -$10M |
|
127
Otis Worldwide
OTIS
$27.8B
| $685M | 0.17% |
7,842,153
+422,519
| +6% | +$37.8M |
|
128
EOG Resources
EOG
$74.2B
| $677M | 0.17% |
6,443,453
+1,257,110
| +24% | +$135M |
|
129
Celestica
CLS
$43.8B
| $673M | 0.17% |
2,278,214
+356,797
| +19% | +$108M |
|
130
GE Aerospace
GE
$374B
| $669M | 0.16% |
2,170,282
+109,559
| +5% | +$33M |
|
131
DoorDash
DASH
$93.7B
| $652M | 0.16% |
2,876,975
-908,455
| -24% | -$213M |
|
132
ASML
ASML
$710B
| $649M | 0.16% |
606,930
-91,022
| -13% | -$95M |
|
133
State Street SPDR S&P 500 ETF Trust
SPY
$815B
| $644M | 0.16% |
944,510
+112,756
| +14% | +$76.2M |
|
|
AXON
134
Axon Enterprise
AXON
$50B
| $641M | 0.16% |
1,127,933
-389,236
| -26% | -$242M |
|
135
Entergy
ETR
$49.9B
| $640M | 0.16% |
6,919,962
-119,561
| -2% | -$11.3M |
|
136
IBM
IBM
$223B
| $638M | 0.16% |
2,152,428
-10,313
| -0.5% | -$3.09M |
|
|
BA.PRA
137
Boeing Co 6.00% Series A Preferred Stock
BA.PRA
$8.14B
| $634M | 0.16% |
9,177,400
+237,294
| +3% | +$15.9M |
|
138
iShares Core S&P 500 ETF
IVV
$910B
| $631M | 0.15% |
920,566
+13,710
| +2% | +$9.31M |
|
139
Pfizer
PFE
$153B
| $627M | 0.15% |
25,164,327
+94,179
| +0.4% | +$2.37M |
|
140
Booking.com
BKNG
$160B
| $623M | 0.15% |
2,906,425
-1,736,425
| -37% | -$357M |
|
141
Salesforce
CRM
$165B
| $621M | 0.15% |
2,345,517
-869,615
| -27% | -$216M |
|
142
Novartis
NVS
$288B
| $618M | 0.15% |
4,479,307
+419,988
| +10% | +$55M |
|
143
Canadian Pacific Kansas City
CP
$82.6B
| $612M | 0.15% |
8,318,781
-810,784
| -9% | -$59.7M |
|
144
Target
TGT
$70.6B
| $606M | 0.15% |
6,194,448
+142,937
| +2% | +$13.2M |
|
145
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.12B
| $603M | 0.15% |
8,696,736
-13,027
| -0.1% | -$897K |
|
146
Zimmer Biomet
ZBH
$19B
| $601M | 0.15% |
6,685,987
+2,017,857
| +43% | +$191M |
|
147
Casey's General Stores
CASY
$31.6B
| $591M | 0.14% |
1,068,682
+310,470
| +41% | +$171M |
|
148
BJs Wholesale Club
BJ
$11.9B
| $587M | 0.14% |
6,514,642
+737,130
| +13% | +$67.7M |
|
149
International Paper
IP
$21.8B
| $584M | 0.14% |
14,832,952
+6,663,986
| +82% | +$274M |
|
150
Natera
NTRA
$44.8B
| $581M | 0.14% |
2,534,553
-130,460
| -5% | -$27.2M |
|
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.