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 | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$2.83T
| $16.1B | 5.11% |
38,339,531
+13,013,948
| +51% | +$5.27B |
|
2
NVIDIA
NVDA
$5.06T
| $10.5B | 3.32% |
115,919,660
+18,853,830
| +19% | +$1.37B |
|
|
3
Amazon
AMZN
$2.51T
| $8.35B | 2.64% |
46,305,025
+13,282,689
| +40% | +$2.22B |
|
|
4
Apple
AAPL
$4.72T
| $6.39B | 2.02% |
37,244,050
+15,469,780
| +71% | +$2.81B |
|
5
Alphabet (Google) Class A
GOOGL
$3.89T
| $3.7B | 1.17% |
24,531,531
+1,308,632
| +6% | +$187M |
|
|
6
UnitedHealth
UNH
$385B
| $3.7B | 1.17% |
7,475,437
+2,778,195
| +59% | +$1.41B |
|
7
Mastercard
MA
$469B
| $3.57B | 1.13% |
7,404,378
+1,455,505
| +24% | +$665M |
|
8
Meta Platforms (Facebook)
META
$1.54T
| $3.17B | 1% |
6,525,650
+2,567,121
| +65% | +$1.15B |
|
|
9
Alphabet (Google) Class C
GOOG
$3.89T
| $3.1B | 0.98% |
20,392,230
+7,753,335
| +61% | +$1.12B |
|
10
Eli Lilly
LLY
$1.06T
| $3.02B | 0.96% |
3,876,900
+1,554,703
| +67% | +$1.11B |
|
|
11
ExxonMobil
XOM
$650B
| $2.96B | 0.94% |
25,451,293
+15,857,213
| +165% | +$1.66B |
|
12
JPMorgan Chase
JPM
$930B
| $2.93B | 0.93% |
14,649,979
+2,023,471
| +16% | +$365M |
|
13
Bank of America
BAC
$430B
| $2.85B | 0.9% |
75,037,483
+33,411,669
| +80% | +$1.15B |
|
14
Visa
V
$669B
| $2.83B | 0.9% |
10,152,904
+1,652,860
| +19% | +$456M |
|
15
Procter & Gamble
PG
$342B
| $2.73B | 0.86% |
16,798,875
+7,227,182
| +76% | +$1.13B |
|
16
Chevron
CVX
$387B
| $2.6B | 0.82% |
16,461,439
+839,051
| +5% | +$127M |
|
17
Thermo Fisher Scientific
TMO
$213B
| $2.38B | 0.75% |
4,092,159
+1,573,399
| +62% | +$883M |
|
18
ServiceNow
NOW
$95.1B
| $2.37B | 0.75% |
15,515,900
+379,660
| +3% | +$57.5M |
|
19
Merck
MRK
$322B
| $2.33B | 0.74% |
17,693,268
+7,578,973
| +75% | +$934M |
|
20
Oracle
ORCL
$346B
| $2.28B | 0.72% |
18,189,559
+11,959,515
| +192% | +$1.37B |
|
21
Walmart Inc
WMT
$863B
| $2.26B | 0.71% |
37,516,615
+23,369,836
| +165% | +$1.34B |
|
22
Synopsys
SNPS
$71.5B
| $2.21B | 0.7% |
3,859,901
+621,294
| +19% | +$342M |
|
23
Target
TGT
$61.1B
| $2.14B | 0.68% |
12,102,498
+2,570,652
| +27% | +$391M |
|
24
Linde
LIN
$234B
| $2.13B | 0.67% |
4,588,761
+362,167
| +9% | +$157M |
|
25
AbbVie
ABBV
$454B
| $2.03B | 0.64% |
11,146,347
+3,575,662
| +47% | +$616M |
|
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.