FR
Franklin Resources Inc 13F Filings & Institutional Holdings (Q2 2026)
Franklin Resources IncCIK: 0000038777
Diversified strategyMomentum follower
Total reported value
$461.9B
Reporting period: 2026-06-30 · Number of holdings: 14877
FRANKLIN RESOURCES INC disclosed 14877 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $461.9B and a quarterly turnover rate of 30.3%.
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Personality snowflake
- Concentration
- 4.04
- Portfolio Stability
- 30.29
- Momentum
- 76.09
- Sector conviction
- 47.4
- Diversification
- 100
- Sizing Uniformity
- 44.11
Franklin Resources Inc's disclosed holdings carry a Herfindahl concentration index of 0.010 — mathematically equivalent to about 99 equally-sized positions, well below its 14877 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 5.59), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd AAPL
+42.4% $7.7B
Add AMD
+111.0% $4.4B
Trim GOOGL
-38.6% -$2.5B
Add MU
+84.0% $3.5B
Sold out HON
Add LRCX
+10.8% $3.1B
Holdings Map
New buyAddUnchangedTrim
Institutional Game-State Analysis
Core Intent
The active changes this quarter show a decisive rotation into mega-cap technology and semiconductors: AAPL, MSFT and AMZN were increased, while AMD, MU and LRCX moved sharply higher from very small weights; HON was sold out entirely and GOOGL was trimmed. Since share-count change percentages are not populated in the data, this should be read as directional evidence of rotation rather than a precise measure of trade size. Turnover of roughly 30% and an HHI of 0.0101 suggest the active tilts are still a modest slice of a very broadly diversified book.
Macro & Fundamentals
The pattern aligns with an ongoing bid for AI/semiconductor exposure and large-cap tech momentum: Information Technology is already 31.1% of mapped value, and the quarter's adds deepen that tilt. That is an inference from a limited set of top changes, not a confirmed causal market signal.
Blind Spots / Risks
The key portfolio-level risk is that the visible active moves are concentrated in one factor—U.S. mega-cap tech and semis—while the rest of the 3,190-name book is close to index-like. If that trade reverses, the differentiated active sleeve has no obvious offsetting factor, and the high momentum-tilt score (76.09) suggests the fund's positioning could compound the drawdown rather than cushion it.
Generated by AI directly from this institution's Form 13F disclosures on SEC EDGAR. Reflects historical positioning only and should not be treated as investment advice — the original filing is linked below for verification. View the original 2026-06-30 Form 13F filing on SEC.gov
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 14877 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | Stock-Tech | 4.34% | +1.32% | +42.38% | |
| 2 | NVDA | Nvidia CORP | Stock-Tech | 3.95% | -0.17% | -5.47% | |
| 3 | MSFT | Microsoft CORP | Stock-Tech | 3.86% | +0.38% | +24.35% | |
| 4 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 3.06% | +0.32% | +10.21% | |
| 5 | AVGO | Broadcom Inc | Stock-Tech | 2.02% | -0.15% | -13.71% | |
| 6 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 1.71% | -0.82% | -38.61% | |
| 7 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.61% | +0.39% | +21.20% | |
| 8 | XOM | Exxon Mobil CORP | Stock-Energy | 1.28% | -0.44% | +3.97% | |
| 9 | LRCX | Lam Research CORP | Stock-Tech | 1.23% | +0.61% | +10.79% | |
| 10 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.19% | +0.18% | +2.65% | |
| 11 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.15% | -0.21% | -2.95% | |
| 12 | AMD | Advanced Micro Devices | Stock-Tech | 1.14% | +0.93% | +110.95% | |
| 13 | CSCO | Cisco Systems Inc | Stock-Tech | 1.10% | -0.01% | -25.46% | |
| 14 | C | Citigroup Inc | Stock-Financials | 1.09% | +0.01% | -7.59% | |
| 15 | ABBV | Abbvie Inc | Stock-Healthcare | 1.09% | +0.31% | +36.92% | |
| 16 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.06% | -0.02% | -0.14% | |
| 17 | MU | Micron Technology Inc | Stock-Tech | 0.91% | +0.75% | +84.01% | |
| 18 | BAC | Bank Of America CORP | Stock-Financials | 0.89% | +0.02% | -1.12% | |
| 19 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.85% | -0.13% | -3.51% | |
| 20 | NEE | Nextera Energy Inc | Stock-Utilities | 0.84% | -0.22% | -4.46% | |
| 21 | TMO | Thermo Fisher Scientific Inc | Stock-Healthcare | 0.79% | -0.03% | +6.73% | |
| 22 | V | Visa Inc-class A Shares | Stock-Financials | 0.78% | +0.09% | +13.28% | |
| 23 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 0.78% | +0.40% | +52.34% | |
| 24 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.76% | — | +5.67% | |
| 25 | PM | Philip Morris International | Stock-Consumer Staples | 0.76% | +0.09% | +16.37% | |
| 26 | SCHW | Schwab (charles) CORP | Stock-Financials | 0.73% | — | +14.61% | |
| 27 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 0.72% | +0.11% | -4.31% | |
| 28 | AZN | AstraZeneca PLC | Stock-Healthcare | 0.67% | -0.19% | -7.20% | |
| 29 | TSLA | Tesla Inc | Stock-Consumer Disc | 0.62% | -0.06% | -8.82% | |
| 30 | WMT | Walmart Inc | Stock-Consumer Staples | 0.62% | -0.22% | -8.15% | |
| 31 | COF | Capital One Financial CORP | Stock-Financials | 0.58% | -0.03% | -2.10% | |
| 32 | MA | Mastercard Inc - A | Stock-Financials | 0.58% | -0.09% | -4.78% | |
| 33 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.55% | -0.08% | -3.71% | |
| 34 | CVX | Chevron CORP | Stock-Energy | 0.55% | -0.24% | -1.16% | |
| 35 | MRK | Merck & Co. Inc. | Stock-Healthcare | 0.54% | +0.06% | +20.17% | |
| 36 | AMAT | Applied Materials Inc | Stock-Tech | 0.53% | +0.28% | +12.13% | |
| 37 | GM | General Motors Co | Stock-Consumer Disc | 0.52% | -0.14% | -13.15% | |
| 38 | LIN | Linde plc | Stock-Materials | 0.52% | -0.02% | +4.49% | |
| 39 | LUV | Southwest Airlines Co | Stock-Industrials | 0.52% | +0.11% | +4.94% | |
| 40 | FCX | Freeport-mcmoran Inc | Stock-Materials | 0.51% | — | +5.84% | |
| 41 | RTX | Rtx CORP | Stock-Industrials | 0.50% | -0.08% | +0.62% | |
| 42 | MCK | Mckesson CORP | Stock-Healthcare | 0.48% | -0.17% | -5.16% | |
| 43 | PHM | Pultegroup Inc | Stock-Consumer Disc | 0.46% | +0.03% | +3.87% | |
| 44 | PNC | Pnc Financial Services Group | Stock-Financials | 0.45% | +0.01% | -2.19% | |
| 45 | ALL | Allstate CORP | Stock-Financials | 0.45% | +0.04% | +8.40% | |
| 46 | URI | United Rentals Inc | Stock-Industrials | 0.44% | +0.14% | +8.83% | |
| 47 | GS | Goldman Sachs Group Inc | Stock-Financials | 0.43% | -0.04% | -14.09% | |
| 48 | NRG | Nrg Energy Inc | Stock-Utilities | 0.41% | +0.13% | +69.42% | |
| 49 | CTVA | Corteva Inc | Stock-Materials | 0.41% | -0.04% | +2.47% | |
| 50 | HLT | Hilton Worldwide Holdings In | Stock-Consumer Disc | 0.41% | -0.06% | -10.41% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+3.3%
Performance Last 4 Quarters
+18.9%
- Stdev
- +12.2%
- Beta
- +0.92
- Alpha
- -1.5%
- Max Drawdown
- -8.5%
- Annualized Perf
- +17.4%
- Batting Avg vs S&P
- +36.1%
- Sortino
- +2.61
- Stutzer
- +0.4
- Treynor
- +0.18
- Sterling
- +1.09
- Calmar
- +2.05
- Information Ratio
- -1.03
- Tracking Error
- +3.1%
- Stdev Down
- +6.4%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +30.6%
- Worst 12 Months
- +3.4%
- Efficiency Ratio
- +0.56
- Sharpe
- +1.38
- Stdev Sectors
- +7.8%
- Skewness
- -0.1
- Kurtosis
- -0.13
- Upside Potential
- +4.17
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 14877 | $461.9B | 30 | ||
| 2026 Q1 | 14782 | $408.3B | 24 | ||
| 2025 Q4 | 14263 | $407.6B | 18 | ||
| 2025 Q3 | 14148 | $401.0B | 32 | ||
| 2025 Q2 | 13663 | $377.2B | 0 | ||
| 2025 Q1 | 13788 | $347.6B | 100 | ||
| 2024 Q4 | 12207 | $360.1B | 0 | ||
| 2024 Q3 | 12097 | $356.1B | 0 | ||
| 2024 Q2 | 12118 | $325.3B | 0 | ||
| 2024 Q1 | 11977 | $315.8B | 0 | ||
| 2023 Q4 | 9225 | $213.9B | 0 | ||
| 2023 Q3 | 9683 | $196.8B | 0 | ||
| 2023 Q2 | 9721 | $210.4B | 0 | ||
| 2023 Q1 | 8575 | $199.3B | 0 | ||
| 2022 Q4 | 8652 | $192.4B | 0 | ||
| 2022 Q3 | 8514 | $183.5B | 0 | ||
| 2022 Q2 | 8621 | $201.7B | 0 | ||
| 2022 Q1 | 8630 | $250.2B | 0 | ||
| 2021 Q4 | 8512 | $277.3B | 0 | ||
| 2021 Q3 | 8378 | $265.6B | 0 | ||
| 2021 Q2 | 7248 | $261.7B | 100 | ||
| 2021 Q1 | 7039 | $245.8B | 18 | ||
| 2020 Q4 | 6678 | $236.3B | 23 | ||
| 2020 Q3 | 6345 | $206.5B | 19 | ||
| 2020 Q2 | 4937 | $194.1B | 38 | ||
| 2020 Q1 | 4153 | $149.8B | 34 | ||
| 2019 Q4 | 4422 | $190.3B | 16 | ||
| 2019 Q3 | 4350 | $184.1B | 17 | ||
| 2019 Q2 | 4341 | $188.0B | 19 | ||
| 2019 Q1 | 4223 | $186.7B | 20 | ||
| 2018 Q4 | 3703 | $165.7B | 25 | ||
| 2018 Q3 | 3834 | $200.9B | 16 | ||
| 2018 Q2 | 3714 | $194.9B | 18 | ||
| 2018 Q1 | 3860 | $197.3B | 20 | ||
| 2017 Q4 | 3887 | $208.4B | 15 | ||
| 2017 Q3 | 3825 | $204.0B | 17 | ||
| 2017 Q2 | 3900 | $200.6B | 14 | ||
| 2017 Q1 | 3719 | $197.0B | 17 | ||
| 2016 Q4 | 3457 | $193.2B | 17 | ||
| 2016 Q3 | 3561 | $191.3B | 21 | ||
| 2016 Q2 | 3493 | $185.9B | 17 | ||
| 2016 Q1 | 3377 | $188.4B | 19 | ||
| 2015 Q4 | 3517 | $197.5B | 19 | ||
| 2015 Q3 | 3530 | $202.5B | 23 | ||
| 2015 Q2 | 3464 | $220.3B | 17 | ||
| 2015 Q1 | 3423 | $220.6B | 17 | ||
| 2014 Q4 | 3607 | $220.5B | 18 | ||
| 2014 Q3 | 3625 | $219.3B | 15 | ||
| 2014 Q2 | 3615 | $227.0B | 18 | ||
| 2014 Q1 | 3541 | $211.8B | 17 | ||
| 2013 Q4 | 3467 | $204.6B | 18 | ||
| 2013 Q3 | 3374 | $187.9B | 17 | ||
| 2013 Q2 | 3353 | $175.2B | — |
Holding changes this quarter
Franklin Resources Inc's most significant position changes for 2026-06-30: Sold out: Honeywell International Inc (HON); New buy: ; New buy: ; New buy: ; New buy: Ascendis Pharma A/s.
Showing top 200 changes by size (of 3382 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +1.3% | +42.38% | Add |
| 2 | AMD | Advanced Micro Devices | +0.9% | +110.95% | Add |
| 3 | MU | Micron Technology Inc | +0.8% | +84.01% | Add |
| 4 | LRCX | Lam Research CORP | +0.6% | +10.79% | Add |
| 5 | UNH | Unitedhealth Group Inc | +0.4% | +52.34% | Add |
| 6 | GOOG | Alphabet Inc-cl C | +0.4% | +21.20% | Add |
| 7 | MSFT | Microsoft CORP | +0.4% | +24.35% | Add |
| 8 | AMZN | Amazon.com Inc | +0.3% | +10.21% | Add |
| 9 | SNDK | Sandisk CORP | +0.3% | +147.32% | Add |
| 10 | ✓ | +0.3% | NEW | New buy | |
| 11 | ABBV | Abbvie Inc | +0.3% | +36.92% | Add |
| 12 | ✓ | +0.3% | NEW | New buy | |
| 13 | VRTX | Vertex Pharmaceuticals Inc | +0.3% | +507.34% | Add |
| 14 | AMAT | Applied Materials Inc | +0.3% | +12.13% | Add |
| 15 | AEP | American Electric Power | +0.2% | +541.14% | Add |
| 16 | ASML | ASML Holding N.V. | +0.2% | +71.78% | Add |
| 17 | LLY | Eli Lilly & Co | +0.2% | +2.65% | Add |
| 18 | SNOW | Snowflake Inc | +0.2% | +66.22% | Add |
| 19 | ✓ | +0.2% | NEW | New buy | |
| 20 | URI | United Rentals Inc | +0.1% | +8.83% | Add |
| 21 | KLAC | Kla CORP | +0.1% | +829.29% | Add |
| 22 | INTC | Intel CORP | +0.1% | +328.66% | Add |
| 23 | GLW | Corning Inc | +0.1% | +737.49% | Add |
| 24 | NRG | Nrg Energy Inc | +0.1% | +69.42% | Add |
| 25 | TT | Trane Technologies plc | +0.1% | +54.03% | Add |
| 26 | ANET | Arista Networks Inc | +0.1% | +23.28% | Add |
| 27 | COHR | Coherent CORP | +0.1% | +121.19% | Add |
| 28 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | -4.31% | Trim |
| 29 | LUV | Southwest Airlines Co | +0.1% | +4.94% | Add |
| 30 | MRVL | Marvell Technology Inc | +0.1% | -47.33% | Trim |
| 31 | CVS | Cvs Health CORP | +0.1% | +59.98% | Add |
| 32 | ✓ | Ascendis Pharma A/s | +0.1% | NEW | New buy |
| 33 | ARM | Arm Holdings Plc-adr | +0.1% | +30.49% | Add |
| 34 | ✓ | +0.1% | NEW | New buy | |
| 35 | V | Visa Inc-class A Shares | +0.1% | +13.28% | Add |
| 36 | PM | Philip Morris International | +0.1% | +16.37% | Add |
| 37 | HD | Home Depot Inc | +0.1% | +35.31% | Add |
| 38 | PANW | Palo Alto Networks Inc | +0.1% | -3.91% | Trim |
| 39 | PWR | Quanta Services Inc | +0.1% | +71.49% | Add |
| 40 | ✓ | +0.1% | NEW | New buy | |
| 41 | ✓ | +0.1% | NEW | New buy | |
| 42 | WDC | Western Digital CORP | +0.1% | +153.12% | Add |
| 43 | APH | Amphenol Corp-cl A | +0.1% | +0.98% | Add |
| 44 | IQV | Iqvia Holdings Inc | +0.1% | +317.50% | Add |
| 45 | MRK | Merck & Co. Inc. | +0.1% | +20.17% | Add |
| 46 | ADI | Analog Devices Inc | +0.1% | +6.79% | Add |
| 47 | PGR | Progressive CORP | +0.1% | +55.13% | Add |
| 48 | ETR | Entergy CORP | +0.1% | +43.47% | Add |
| 49 | DDOG | Datadog Inc - Class A | +0.1% | +24.64% | Add |
| 50 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | +0.76% | Add |
1–50 of 200
Filing History
Related 13F Filing Analysis
- FRANKLIN RESOURCES INC2026-Q2
Franklin Resources lifts Apple stake by +$7.69B in Q2
Aug 26, 2026⏱ 4 minAAPLAMDMSFTMURead → - FRANKLIN RESOURCES INC2026-Q1
Franklin Resources builds $3.49B AstraZeneca stake in Q1
Jul 23, 2026⏱ 2 minMSFTAZNXOMAZNNRead →
FAQ
What is Franklin Resources Inc and what type of investor is it?
Franklin Resources Inc is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $461.9B, spread across 14877 disclosed positions.
What are Franklin Resources Inc's largest equity positions?
Based on the latest 13F filing, Franklin Resources Inc's top holdings by market value are:
1. Apple Inc (AAPL) — $20.0B (4.3%)
2. Nvidia CORP (NVDA) — $18.3B (4.0%)
3. Microsoft CORP (MSFT) — $17.8B (3.9%)
4. Amazon.com Inc (AMZN) — $14.1B (3.1%)
5. Broadcom Inc (AVGO) — $9.3B (2.0%)
What changes did Franklin Resources Inc make in its most recent portfolio filing?
In the latest reported quarter, Franklin Resources Inc made 200 notable position adjustments: 8 new positions were initiated, 105 existing holdings were added to, 84 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Honeywell International Inc (HON); New buy: ; New buy: ; New buy: ; New buy: Ascendis Pharma A/s
What sectors does Franklin Resources Inc focus on?
Franklin Resources Inc is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 31.1%
• Financials: 12.8%
• Health Care: 12.5%
• Industrials: 9.4%
• Consumer Discretionary: 8.9%
• Communication Services: 6.4%
Investment Profile
Franklin Resources Inc returned an annualized 17.4% over the trailing 36 months — underperforming the S&P 500 by 1.5 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.92 (roughly in line with the market) and a 36% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active, with 31.1% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 30 over the past 4 quarters — a shift toward more active trading.
It has added to its LRCX position over the past two quarters (+$3.9B, now $5.7B), while trimming JNJ over the same stretch (-$1.4B, still holding $1.3B).
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Developer Access
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REST API
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