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 | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.83T
| $16.1B | 4.52% |
38,420,657
+406,940
| +1% | +$174M |
|
2
NVIDIA
NVDA
$5.06T
| $15B | 4.21% |
108,496,915
-1,076,568
| -1% | -$127M |
|
|
3
Apple
AAPL
$4.72T
| $10.7B | 3.01% |
46,376,594
+7,273,386
| +19% | +$1.62B |
|
4
Amazon
AMZN
$2.51T
| $8.84B | 2.48% |
47,156,540
+257,072
| +0.5% | +$46.9M |
|
5
UnitedHealth
UNH
$385B
| $4.88B | 1.37% |
8,061,916
+193,800
| +2% | +$110M |
|
6
Meta Platforms (Facebook)
META
$1.54T
| $4.1B | 1.15% |
6,946,755
+186,728
| +3% | +$96.1M |
|
|
7
ExxonMobil
XOM
$650B
| $3.94B | 1.11% |
31,522,556
+4,415,012
| +16% | +$510M |
|
|
8
Broadcom
AVGO
$1.87T
| $3.85B | 1.08% |
21,113,921
+3,730,181
| +21% | +$598M |
|
9
Alphabet (Google) Class A
GOOGL
$3.89T
| $3.82B | 1.07% |
23,168,200
-288,175
| -1% | -$48.3M |
|
10
Mastercard
MA
$469B
| $3.8B | 1.07% |
7,501,814
+304,293
| +4% | +$142M |
|
11
Walmart Inc
WMT
$863B
| $3.39B | 0.95% |
41,501,782
+1,480,927
| +4% | +$109M |
|
|
12
Alphabet (Google) Class C
GOOG
$3.89T
| $3.39B | 0.95% |
20,362,690
-202,056
| -1% | -$34.2M |
|
13
Eli Lilly
LLY
$1.06T
| $3.38B | 0.95% |
3,635,537
-138,165
| -4% | -$124M |
|
|
14
Oracle
ORCL
$346B
| $3.37B | 0.95% |
18,480,384
+2,407,142
| +15% | +$349M |
|
15
Bank of America
BAC
$430B
| $3.35B | 0.94% |
79,659,179
+8,485,562
| +12% | +$340M |
|
16
JPMorgan Chase
JPM
$930B
| $3.34B | 0.94% |
15,073,193
+1,016,289
| +7% | +$214M |
|
17
Procter & Gamble
PG
$342B
| $3.29B | 0.92% |
18,988,721
+1,760,214
| +10% | +$299M |
|
18
NextEra Energy
NEE
$187B
| $3.21B | 0.9% |
38,712,350
+4,075,140
| +12% | +$318M |
|
19
Thermo Fisher Scientific
TMO
$213B
| $2.94B | 0.82% |
4,853,133
+262,062
| +6% | +$155M |
|
20
ServiceNow
NOW
$95.1B
| $2.82B | 0.79% |
14,916,810
-315,765
| -2% | -$51.9M |
|
|
21
AbbVie
ABBV
$454B
| $2.73B | 0.77% |
13,873,744
-2,080,791
| -13% | -$388M |
|
22
Johnson & Johnson
JNJ
$624B
| $2.72B | 0.76% |
16,840,069
+1,729,281
| +11% | +$276M |
|
23
Visa
V
$669B
| $2.68B | 0.75% |
9,538,800
-519,864
| -5% | -$141M |
|
24
Chevron
CVX
$387B
| $2.61B | 0.73% |
17,200,188
+573,218
| +3% | +$85.3M |
|
|
25
PepsiCo
PEP
$184B
| $2.29B | 0.64% |
13,021,316
+2,264,445
| +21% | +$389M |
|
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.