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 | |
|---|---|---|---|---|---|---|
201
Erie Indemnity
ERIE
$11.4B
| $385M | 0.11% |
721,075
-57,074
| -7% | -$26M |
|
202
IBM
IBM
$199B
| $382M | 0.11% |
1,622,432
+302,675
| +23% | +$59.3M |
|
203
MSCI
MSCI
$40.6B
| $378M | 0.11% |
620,692
-67,382
| -10% | -$36.5M |
|
204
US Bancorp
USB
$98.9B
| $375M | 0.11% |
7,949,347
+4,807,662
| +153% | +$211M |
|
205
Kraft Heinz
KHC
$29.9B
| $373M | 0.1% |
10,536,262
-12,887
| -0.1% | -$443K |
|
206
Franklin Investment Grade Corporate ETF
FLCO
$576M
| $359M | 0.1% |
16,526,553
+7,207,665
| +77% | +$156M |
|
207
Illinois Tool Works
ITW
$80.7B
| $358M | 0.1% |
1,370,254
+398,676
| +41% | +$98.1M |
|
208
Progressive
PGR
$123B
| $352M | 0.1% |
1,399,355
-19,040
| -1% | -$4.43M |
|
209
Fastenal
FAST
$53.4B
| $351M | 0.1% |
9,145,998
+330,846
| +4% | +$11.2M |
|
210
PG&E
PCG
$47.4B
| $346M | 0.1% |
17,116,725
+681,369
| +4% | +$12.7M |
|
211
Franklin High Yield Corporate ETF
FLHY
$1.21B
| $345M | 0.1% |
14,234,711
+8,748,894
| +159% | +$211M |
|
212
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $345M | 0.1% |
589,253
+47,634
| +9% | +$26.3M |
|
|
213
Constellation Energy
CEG
$99B
| $342M | 0.1% |
1,023,239
-2,314,265
| -69% | -$460M |
|
214
Rio Tinto
RIO
$149B
| $342M | 0.1% |
5,045,345
-222,524
| -4% | -$14.3M |
|
215
Royal Bank of Canada
RY
$291B
| $337M | 0.09% |
2,674,766
-13,458
| -0.5% | -$1.55M |
|
216
Aptiv
APTV
$11.9B
| $337M | 0.09% |
4,738,514
+1,090,766
| +30% | +$76.2M |
|
217
Verisk Analytics
VRSK
$25.6B
| $331M | 0.09% |
1,231,201
+78,376
| +7% | +$21.2M |
|
218
Evergy
EVRG
$20.1B
| $330M | 0.09% |
5,532,719
+288,619
| +6% | +$16.8M |
|
219
Prologis
PLD
$136B
| $327M | 0.09% |
2,718,443
-53,966
| -2% | -$6.7M |
|
220
Wingstop
WING
$3.74B
| $326M | 0.09% |
816,991
+7,204
| +0.9% | +$2.8M |
|
221
Veeva Systems
VEEV
$29.9B
| $320M | 0.09% |
1,519,538
-68,972
| -4% | -$13.6M |
|
222
Vaxcyte
PCVX
$7.97B
| $315M | 0.09% |
2,786,335
+324,560
| +13% | +$29.3M |
|
223
Monster Beverage
MNST
$91.4B
| $315M | 0.09% |
6,091,090
-321,725
| -5% | -$15.9M |
|
224
McCormick & Company Non-Voting
MKC
$13.6B
| $314M | 0.09% |
3,880,041
-1,005,881
| -21% | -$78.4M |
|
225
CrowdStrike
CRWD
$187B
| $314M | 0.09% |
4,039,700
-2,352,584
| -37% | -$167M |
|
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.