Franklin Resources INC

Diversified strategyMomentum follower

Total reported value

$408.3B

Reporting period: 2026-03-31 · Number of holdings: 14782

FRANKLIN RESOURCES INC disclosed 14782 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $408.3B and a quarterly turnover rate of 24.2%.

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Personality snowflake

Concentration: 3.67
Portfolio Stability: 24.19
Momentum/Contrarian: 79.12
Sector conviction: 39.67
Diversification: 100
Sizing Uniformity: 47.17

Recent moves

Trim MSFT
-3.9%　-$5.1B
Add XOM
-1.3%　$2.0B
Trim NVDA
-0.3%　-$1.2B
Trim AVGO
-1.1%　-$1.2B
Add HON
+32.4%　$1.1B
Add KR
+720.7%　$985.5M

Holdings Map

New buyAddUnchangedTrim

Institutional Game-State Analysis

Core Intent

FRANKLIN RESOURCES is rotating capital out of mega-cap tech momentum (MSFT, NVDA, AVGO all trimmed) into more defensively oriented names (HON, KR, newly initiated AZN), locking in gains from the AI trade while redeploying into industrials and staples. This is a deliberate risk reduction move designed to dampen portfolio volatility, not a bearish call on technology.

Macro & Fundamentals

By trimming Microsoft and Broadcom while adding to Honeywell and Kroger, the fund is pricing in a regime shift from growth-at-any-premium to value stability — a bet that the AI-driven productivity cycle matures and capital rotation into cyclicals accelerates. The opposing thesis is that secular tech demand remains insatiable, making this rotation a potential drag on relative performance.

Blind Spots / Risks

With 3,147 positions and a diversification score of 100, the portfolio's extreme breadth dilutes conviction sizing — no single bet can move the needle, meaning their edge must come from thousands of small alpha opportunities. The momentum factor tilt (+2.9%) is a consensus crowded trade that, if reversed, would create systematic losses across the entire book regardless of stock-specific fundamentals.

The above is AI-generated from public regulatory filings and summarizes historical data only. It is not investment advice.

Top 10 holdings by weight

Full holdings list this quarter

Showing top 3147 holdings (of 14782 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	NVDA	Nvidia CORP	Stock-Tech	4.12%	-0.31%	-0.33%
2	MSFT	Microsoft CORP	Stock-Tech	3.48%	-1.26%	-3.92%
3	AAPL	Apple INC	Stock-Tech	3.02%	-0.15%	+2.30%
4	AMZN	Amazon.com INC	Stock-Consumer Disc	2.74%	-0.21%	+3.21%
5	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	2.53%	—	+8.94%
6	AVGO	Broadcom INC	Stock-Tech	2.17%	-0.29%	-1.14%
7	XOM	Exxon Mobil CORP	Stock-Energy	1.72%	+0.48%	-1.26%
8	META	Meta Platforms Inc-class A	Stock-Comm Services	1.36%	—	+11.94%
9	GOOG	Alphabet Inc-cl C	Stock-Comm Services	1.22%	+0.11%	+20.01%
10	CSCO	Cisco Systems INC	Stock-Tech	1.11%	+0.16%	+15.68%
11	JPM	Jpmorgan Chase & Co	Stock-Financials	1.08%	+0.10%	+20.96%
12	C	Citigroup INC	Stock-Financials	1.08%	+0.10%	+13.96%
13	NEE	Nextera Energy INC	Stock-Utilities	1.06%	+0.15%	+0.55%
14	LLY	Eli Lilly & Co	Stock-Healthcare	1.01%	-0.21%	-3.17%
15	PG	Procter & Gamble Co/the	Stock-Consumer Staples	0.98%	+0.14%	+16.44%
16	BAC	Bank Of America CORP	Stock-Financials	0.87%	+0.10%	+27.99%
17	AZN	AstraZeneca PLC	Stock-Healthcare	0.86%	+0.86%	NEW
18	WMT	Walmart INC	Stock-Consumer Staples	0.84%	-0.17%	-25.17%
19	TMO	Thermo Fisher Scientific INC	Stock-Healthcare	0.82%	—	+7.35%
20	CVX	Chevron CORP	Stock-Energy	0.79%	+0.15%	-8.22%
21	ABBV	Abbvie INC	Stock-Healthcare	0.78%	—	-2.21%
22	KO	Coca-cola Co/the	Stock-Consumer Staples	0.76%	—	+1.54%
23	HON	Honeywell International INC	Stock-Industrials	0.75%	+0.26%	+32.44%
24	SCHW	Schwab (charles) CORP	Stock-Financials	0.73%	—	+5.44%
25	V	Visa Inc-class A Shares	Stock-Financials	0.69%	—	+4.67%
26	TSLA	Tesla INC	Stock-Consumer Disc	0.68%	-0.14%	+0.59%
27	PM	Philip Morris International	Stock-Consumer Staples	0.67%	+0.10%	+15.36%
28	MA	Mastercard INC - A	Stock-Financials	0.67%	-0.21%	-13.18%
29	GM	General Motors Co	Stock-Consumer Disc	0.66%	—	+12.09%
30	MCK	Mckesson CORP	Stock-Healthcare	0.65%	—	+8.39%
31	JNJ	Johnson & Johnson	Stock-Healthcare	0.63%	—	-2.97%
32	LRCX	Lam Research CORP	Stock-Tech	0.62%	+0.20%	+16.65%
33	COF	Capital One Financial CORP	Stock-Financials	0.61%	-0.13%	+10.04%
34	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.61%	—	-2.48%
35	COP	Conocophillips	Stock-Energy	0.58%	+0.23%	+19.41%
36	RTX	Rtx CORP	Stock-Industrials	0.58%	—	-15.78%
37	NOC	Northrop Grumman CORP	Stock-Industrials	0.55%	+0.11%	+4.93%
38	LIN	Linde plc	Stock-Materials	0.54%	+0.15%	+19.76%
39	BLK	Blackrock INC	Stock-Financials	0.52%	—	+7.65%
40	JNJ	Johnson & Johnson	Stock-Healthcare	0.52%	-0.15%	-28.64%
41	NFLX	Netflix INC	Stock-Comm Services	0.52%	+0.12%	+27.00%
42	REGN	Regeneron Pharmaceuticals	Stock-Healthcare	0.52%	—	+6.33%
43	FDX	Fedex CORP	Stock-Industrials	0.51%	+0.15%	+14.84%
44	FCX	Freeport-mcmoran INC	Stock-Materials	0.51%	—	-5.45%
45	ABT	Abbott Laboratories	Stock-Healthcare	0.50%	+0.16%	+79.50%
46	MRK	Merck & Co. INC.	Stock-Healthcare	0.48%	—	+1.26%
47	HLT	Hilton Worldwide Holdings In	Stock-Consumer Disc	0.47%	—	+0.59%
48	GS	Goldman Sachs Group INC	Stock-Financials	0.47%	—	+22.50%
49	PEP	Pepsico INC	Stock-Consumer Staples	0.46%	—	-14.27%
50	CTVA	Corteva INC	Stock-Materials	0.45%	+0.13%	+11.55%

1–50 of 3,147

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	14782	$408.3B	24	1NVDA 2MSFT 3AAPL Top holdings2026-03-31 1.NVDA 2.MSFT 3.AAPL 4.AMZN 5.GOOGL 6.AVGO 7.XOM 8.META 9.GOOG 10.CSCO
2025-12-31	14263	$407.6B	18	1MSFT 2NVDA 3AAPL Top holdings2025-12-31 1.MSFT 2.NVDA 3.AAPL 4.AMZN 5.GOOGL 6.AVGO 7.META 8.XOM 9.LLY 10.GOOG
2025-09-30	14148	$401.0B	32	1MSFT 2NVDA 3AMZN Top holdings2025-09-30 1.MSFT 2.NVDA 3.AMZN 4.AAPL 5.AVGO 6.GOOGL 7.META 8.XOM 9.MA 10.JPM
2025-06-30	13663	$377.2B	0	1MSFT 2NVDA 3AMZN Top holdings2025-06-30 1.MSFT 2.NVDA 3.AMZN 4.AAPL 5.AVGO 6.META 7.GOOGL 8.MA 9.XOM 10.JPM
2025-03-31	13788	$347.6B	100	1MSFT 2NVDA 3AAPL Top holdings2025-03-31 1.MSFT 2.NVDA 3.AAPL 4.AMZN 5.AVGO 6.META 7.UNH 8.XOM 9.MA 10.PG
2024-12-31	12207	$360.1B	0	1MSFT 2NVDA 3AAPL Top holdings2024-12-31 1.MSFT 2.NVDA 3.AAPL 4.AMZN 5.AVGO 6.META 7.UNH 8.GOOGL 9.MA 10.XOM
2024-09-30	12097	$356.1B	0	1MSFT 2NVDA 3AAPL Top holdings2024-09-30 1.MSFT 2.NVDA 3.AAPL 4.AMZN 5.UNH 6.META 7.XOM 8.AVGO 9.GOOGL 10.MA
2024-06-30	12118	$325.3B	0	1MSFT 2NVDA 3AMZN Top holdings2024-06-30 1.MSFT 2.NVDA 3.AMZN 4.AAPL 5.GOOGL 6.UNH 7.GOOG 8.LLY 9.META 10.MA
2024-03-31	11977	$315.8B	0	1MSFT 2NVDA 3AMZN Top holdings2024-03-31 1.MSFT 2.NVDA 3.AMZN 4.AAPL 5.GOOGL 6.UNH 7.MA 8.META 9.GOOG 10.LLY
2023-12-31	9225	$213.9B	0	1MSFT 2AMZN 3NVDA Top holdings2023-12-31 1.MSFT 2.AMZN 3.NVDA 4.AAPL 5.GOOGL 6.MA 7.UNH 8.CVX 9.V 10.JPM
2023-09-30	9683	$196.8B	0	1MSFT 2AMZN 3NVDA Top holdings2023-09-30 1.MSFT 2.AMZN 3.NVDA 4.AAPL 5.GOOGL 6.UNH 7.MA 8.CVX 9.JPM 10.V
2023-06-30	9721	$210.4B	0	1MSFT 2AAPL 3AMZN Top holdings2023-06-30 1.MSFT 2.AAPL 3.AMZN 4.NVDA 5.GOOGL 6.UNH 7.MA 8.CVX 9.V 10.TXN
2023-03-31	8575	$199.3B	0	1MSFT 2AAPL 3AMZN Top holdings2023-03-31 1.MSFT 2.AAPL 3.AMZN 4.NVDA 5.UNH 6.CVX 7.V 8.TXN 9.MA 10.GOOGL
2022-12-31	8652	$192.4B	0	1MSFT 2AAPL 3AMZN Top holdings2022-12-31 1.MSFT 2.AAPL 3.AMZN 4.CVX 5.UNH 6.JNJ 7.TXN 8.V 9.MA 10.JPM
2022-09-30	8514	$183.5B	0	1MSFT 2AMZN 3AAPL Top holdings2022-09-30 1.MSFT 2.AMZN 3.AAPL 4.UNH 5.JNJ 6.CVX 7.TXN 8.V 9.GOOGL 10.NEE
2022-06-30	8621	$201.7B	0	1MSFT 2AMZN 3AAPL Top holdings2022-06-30 1.MSFT 2.AMZN 3.AAPL 4.JNJ 5.UNH 6.MDT 7.JPM 8.CVX 9.V 10.TXN
2022-03-31	8630	$250.2B	0	1MSFT 2AMZN 3AAPL Top holdings2022-03-31 1.MSFT 2.AMZN 3.AAPL 4.NVDA 5.MDT 6.JNJ 7.UNH 8.GOOGL 9.V 10.CVX
2021-12-31	8512	$277.3B	0	1MSFT 2AMZN 3AAPL Top holdings2021-12-31 1.MSFT 2.AMZN 3.AAPL 4.NVDA 5.JNJ 6.ABBV 7.JPM 8.MRK 9.PFE 10.V
2021-09-30	8378	$265.6B	0	1MSFT 2AMZN 3AAPL Top holdings2021-09-30 1.MSFT 2.AMZN 3.AAPL 4.MRK 5.V 6.JNJ 7.JPM 8.NVDA 9.DIS 10.MDT
2021-06-30	7248	$261.7B	100	1MSFT 2AMZN 3AAPL Top holdings2021-06-30 1.MSFT 2.AMZN 3.AAPL 4.MRK 5.V 6.JNJ 7.PG 8.VZ 9.DIS 10.NVDA
2021-03-31	7039	$245.8B	18	1MSFT 2AMZN 3AAPL Top holdings2021-03-31 1.MSFT 2.AMZN 3.AAPL 4.JPM 5.MRK 6.V 7.DIS 8.PG 9.CVX 10.JNJ
2020-12-31	6678	$236.3B	23	1MSFT 2AMZN 3AAPL Top holdings2020-12-31 1.MSFT 2.AMZN 3.AAPL 4.JPM 5.DIS 6.PEP 7.MRK 8.JNJ 9.V 10.MDT
2020-09-30	6345	$206.5B	19	1MSFT 2AMZN 3AAPL Top holdings2020-09-30 1.MSFT 2.AMZN 3.AAPL 4.JPM 5.VZ 6.MRK 7.JNJ 8.PEP 9.V 10.MDT
2020-06-30	4937	$194.1B	38	1MSFT 2AMZN 3AAPL Top holdings2020-06-30 1.MSFT 2.AMZN 3.AAPL 4.VZ 5.JPM 6.BABA 7.V 8.ROP 9.JNJ 10.MRK
2020-03-31	4153	$149.8B	34	1MSFT 2AMZN 3AAPL Top holdings2020-03-31 1.MSFT 2.AMZN 3.AAPL 4.MDT 5.JNJ 6.JPM 7.D 8.SO 9.VZ 10.WFC
2019-12-31	4422	$190.3B	16	1MSFT 2WFC 3AMZN Top holdings2019-12-31 1.MSFT 2.WFC 3.AMZN 4.AAPL 5.JPM 6.MDT 7.JNJ 8.ROP 9.D 10.SO
2019-09-30	4350	$184.1B	17	1MSFT 2WFC 3AMZN Top holdings2019-09-30 1.MSFT 2.WFC 3.AMZN 4.JPM 5.MDT 6.SO 7.D 8.TXN 9.ROP 10.AAPL
2019-06-30	4341	$188.0B	19	1MSFT 2WFC 3AMZN Top holdings2019-06-30 1.MSFT 2.WFC 3.AMZN 4.MDT 5.JPM 6.DIS 7.ROP 8.AAPL 9.XOM 10.C
2019-03-31	4223	$186.7B	20	1MSFT 2WFC 3AMZN Top holdings2019-03-31 1.MSFT 2.WFC 3.AMZN 4.MRK 5.AAPL 6.MDT 7.JPM 8.XOM 9.SO 10.D
2018-12-31	3703	$165.7B	25	1MSFT 2WFC 3MDT Top holdings2018-12-31 1.MSFT 2.WFC 3.MDT 4.MRK 5.JPM 6.AMZN 7.D 8.AAPL 9.LLY 10.SO
2018-09-30	3834	$200.9B	16	1MSFT 2WFC 3MRK Top holdings2018-09-30 1.MSFT 2.WFC 3.MRK 4.MDT 5.JPM 6.LLY 7.AAPL 8.AMZN 9.D 10.SO
2018-06-30	3714	$194.9B	18	1MSFT 2WFC 3MDT Top holdings2018-06-30 1.MSFT 2.WFC 3.MDT 4.MRK 5.AAPL 6.JPM 7.LLY 8.AEP 9.AMZN 10.D
2018-03-31	3860	$197.3B	20	1MSFT 2WFC 3MDT Top holdings2018-03-31 1.MSFT 2.WFC 3.MDT 4.AEP 5.AAPL 6.MRK 7.JPM 8.LLY 9.RDS-A 10.AMZN
2017-12-31	3887	$208.4B	15	1MSFT 2WFC 3AEP Top holdings2017-12-31 1.MSFT 2.WFC 3.AEP 4.MDT 5.AAPL 6.JPM 7.RDS-A 8.MRK 9.LLY 10.PEP
2017-09-30	3825	$204.0B	17	1MSFT 2MDT 3AAPL Top holdings2017-09-30 1.MSFT 2.MDT 3.AAPL 4.AEP 5.JPM 6.RDS-A 7.WFC 8.LLY 9.C 10.CVX
2017-06-30	3900	$200.6B	14	1MSFT 2MDT 3AAPL Top holdings2017-06-30 1.MSFT 2.MDT 3.AAPL 4.JPM 5.WFC 6.RDS-A 7.LLY 8.TEVA 9.AEP 10.ORCL
2017-03-31	3719	$197.0B	17	1MSFT 2MDT 3AAPL Top holdings2017-03-31 1.MSFT 2.MDT 3.AAPL 4.JPM 5.LLY 6.WFC 7.RDS-A 8.TEVA 9.PEP 10.C
2016-12-31	3457	$193.2B	17	1MSFT 2JPM 3AAPL Top holdings2016-12-31 1.MSFT 2.JPM 3.AAPL 4.MDT 5.LLY 6.RDS-A 7.WFC 8.TEVA 9.CVX 10.AEP
2016-09-30	3561	$191.3B	21	1MSFT 2MDT 3AAPL Top holdings2016-09-30 1.MSFT 2.MDT 3.AAPL 4.JPM 5.LLY 6.RDS-A 7.TEVA 8.AEP 9.CVX 10.WFC
2016-06-30	3493	$185.9B	17	1MSFT 2MDT 3RDS-A Top holdings2016-06-30 1.MSFT 2.MDT 3.RDS-A 4.JPM 5.LLY 6.CVX 7.PEP 8.TEVA 9.CSCO 10.PFE
2016-03-31	3377	$188.4B	19	1MSFT 2JPM 3MDT Top holdings2016-03-31 1.MSFT 2.JPM 3.MDT 4.MRK 5.CVX 6.RDS-A 7.PEP 8.LLY 9.TEVA 10.CSCO
2015-12-31	3517	$197.5B	19	1MSFT 2MDT 3TEVA Top holdings2015-12-31 1.MSFT 2.MDT 3.TEVA 4.MRK 5.JPM 6.CVX 7.LLY 8.RDS-A 9.PEP 10.AEP
2015-09-30	3530	$202.5B	23	1MSFT 2MDT 3TEVA Top holdings2015-09-30 1.MSFT 2.MDT 3.TEVA 4.MRK 5.RDS-A 6.PFE 7.LLY 8.CVX 9.JPM 10.AEP
2015-06-30	3464	$220.3B	17	1MSFT 2PFE 3TEVA Top holdings2015-06-30 1.MSFT 2.PFE 3.TEVA 4.MDT 5.LLY 6.MRK 7.JPM 8.AAPL 9.CVX 10.TGT
2015-03-31	3423	$220.6B	17	1MSFT 2TEVA 3PFE Top holdings2015-03-31 1.MSFT 2.TEVA 3.PFE 4.MDT 5.MRK 6.AAPL 7.TGT 8.CVX 9.JPM 10.GM
2014-12-31	3607	$220.5B	18	1MSFT 2MRK 3MDT Top holdings2014-12-31 1.MSFT 2.MRK 3.MDT 4.TEVA 5.PFE 6.AAPL 7.TGT 8.CVX 9.JPM 10.RDS-A
2014-09-30	3625	$219.3B	15	1MSFT 2MRK 3TEVA Top holdings2014-09-30 1.MSFT 2.MRK 3.TEVA 4.PFE 5.MDT 6.JPM 7.CVX 8.AAPL 9.RDS-A 10.TGT
2014-06-30	3615	$227.0B	18	1MRK 2MSFT 3MDT Top holdings2014-06-30 1.MRK 2.MSFT 3.MDT 4.TEVA 5.JPM 6.CVX 7.PFE 8.AAPL 9.RDS-A 10.WFC
2014-03-31	3541	$211.8B	17	1MRK 2MSFT 3JPM Top holdings2014-03-31 1.MRK 2.MSFT 3.JPM 4.MDT 5.TEVA 6.PFE 7.CVX 8.RDS-A 9.AAPL 10.WFC
2013-12-31	3467	$204.6B	18	1MRK 2JPM 3MSFT Top holdings2013-12-31 1.MRK 2.JPM 3.MSFT 4.AAPL 5.PFE 6.MDT 7.RDS-A 8.CVX 9.WFC 10.CSCO
2013-09-30	3374	$187.9B	17	1MRK 2JPM 3PFE Top holdings2013-09-30 1.MRK 2.JPM 3.PFE 4.MSFT 5.MDT 6.CVX 7.AAPL 8.RDS-A 9.WFC 10.CSCO
2013-06-30	3353	$175.2B	—	1MRK 2MSFT 3PFE Top holdings2013-06-30 1.MRK 2.MSFT 3.PFE 4.JPM 5.WFC 6.MDT 7.RDS-A 8.CVX 9.AAPL 10.JNJ

Holding changes this quarter

Franklin Resources INC's most significant position changes for 2026-03-31: New buy: AstraZeneca PLC (AZN); Sold out: Astrazeneca Plc-spons Adr (AZNN); Sold out: Putnam Sustainable Leaders ETF (PLDR); New buy: Oracle CORP (ORCL 6.5 01-15-29 D); Trim: Microsoft CORP (MSFT) — shares -3.92%.

Position changes disclosed by Franklin Resources INC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	XOM	Exxon Mobil CORP	+0.5%	-1.26%	Trim
2	HON	Honeywell International INC	+0.3%	+32.44%	Add
3	KR	Kroger Co	+0.2%	+720.70%	Add
4	COP	Conocophillips	+0.2%	+19.41%	Add
5	LRCX	Lam Research CORP	+0.2%	+16.65%	Add
6	COST	Costco Wholesale CORP	+0.2%	+70.13%	Add
7	VLO	Valero Energy CORP	+0.2%	+13.13%	Add
8	ABT	Abbott Laboratories	+0.2%	+79.50%	Add
9	CSCO	Cisco Systems INC	+0.2%	+15.68%	Add
10	CVX	Chevron CORP	+0.2%	-8.22%	Trim
11	ALL	Allstate CORP	+0.2%	+60.20%	Add
12	LIN	Linde plc	+0.2%	+19.76%	Add
13	FDX	Fedex CORP	+0.2%	+14.84%	Add
14	NEE	Nextera Energy INC	+0.2%	+0.55%	Add
15	PG	Procter & Gamble Co/the	+0.1%	+16.44%	Add
16	CTVA	Corteva INC	+0.1%	+11.55%	Add
17	NFLX	Netflix INC	+0.1%	+27.00%	Add
18	NOC	Northrop Grumman CORP	+0.1%	+4.93%	Add
19	EOG	Eog Resources INC	+0.1%	+21.35%	Add
20	GOOG	Alphabet Inc-cl C	+0.1%	+20.01%	Add
21	PM	Philip Morris International	+0.1%	+15.36%	Add
22	C	Citigroup INC	+0.1%	+13.96%	Add
23	BAC	Bank Of America CORP	+0.1%	+27.99%	Add
24	IWD	Ishares Russell 1000 Value E	+0.1%	+476.08%	Add
25	JPM	Jpmorgan Chase & Co	+0.1%	+20.96%	Add
26	SHOP	Shopify INC - Class A	-0.1%	-3.22%	Trim
27	ICLR	ICON Public Limited Company	-0.1%	-72.74%	Trim
28	AIG	American International Group	-0.1%	-25.12%	Trim
29	TXN	Texas Instruments INC	-0.1%	-40.24%	Trim
30	COF	Capital One Financial CORP	-0.1%	+10.04%	Add
31	NOW	Servicenow INC	-0.1%	-36.06%	Trim
32	UNH	Unitedhealth Group INC	-0.1%	-11.61%	Trim
33	TSLA	Tesla INC	-0.1%	+0.59%	Add
34	JNJ	Johnson & Johnson	-0.2%	-28.64%	Trim
35	AAPL	Apple INC	-0.2%	+2.30%	Add
36	WMT	Walmart INC	-0.2%	-25.17%	Trim
37	INTU	Intuit INC	-0.2%	-37.88%	Trim
38	APP	Applovin Corp-class A	-0.2%	-32.65%	Trim
39	ACN	Accenture plc	-0.2%	-14.75%	Trim
40	FTNY	Putnam ETF Trust - Putnam Franklin New York Municipal Income ETF	-0.2%	-100.00%	Trim
41	MA	Mastercard INC - A	-0.2%	-13.18%	Trim
42	LLY	Eli Lilly & Co	-0.2%	-3.17%	Trim
43	AMZN	Amazon.com INC	-0.2%	+3.21%	Add
44	AVGO	Broadcom INC	-0.3%	-1.14%	Trim
45	NVDA	Nvidia CORP	-0.3%	-0.33%	Trim
46	MSFT	Microsoft CORP	-1.3%	-3.92%	Trim
47	AZN	AstraZeneca PLC	—	NEW	New buy
48	AZNN	Astrazeneca Plc-spons Adr	—	EXIT	Sold out
49	PLDR	Putnam Sustainable Leaders ETF	—	EXIT	Sold out
50	ORCL 6.5 01-15-29 D	Oracle CORP	—	NEW	New buy

FAQ

What is Franklin Resources INC and what type of investor is it?

Franklin Resources INC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $408.3B, spread across 14782 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. Nvidia CORP (NVDA) — $16.8B (4.1%) 2. Microsoft CORP (MSFT) — $14.2B (3.5%) 3. Apple INC (AAPL) — $12.3B (3.0%) 4. Amazon.com INC (AMZN) — $11.2B (2.7%) 5. Alphabet Inc-cl A (GOOGL) — $10.3B (2.5%)

What changes did Franklin Resources INC make in its most recent portfolio filing?

In the latest reported quarter, Franklin Resources INC made 50 notable position adjustments: 2 new positions were initiated, 27 existing holdings were added to, 19 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: AstraZeneca PLC (AZN); Sold out: Astrazeneca Plc-spons Adr (AZNN); Sold out: Putnam Sustainable Leaders ETF (PLDR); New buy: Oracle CORP (ORCL 6.5 01-15-29 D); Trim: Microsoft CORP (MSFT) — shares -3.92%

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: 25.0% • Financials: 13.3% • Health Care: 12.8% • Industrials: 10.2% • Consumer Discretionary: 9.2% • Communication Services: 7.9%