Franklin Resources Portfolio
Franklin Resources 13F filer (CIK 0000038777).
Q2 2026 · 3084 positions · Total reported value $436.74B · Top-10 concentration 25.0%
Turnover: 47.6% · 202 new · 1173 cut · 175 exited
Active Share (vs S&P 500): 38.2% · vs QQQ: 62.4% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2026 13F filing, Franklin Resources disclosed 3084 equity positions with a combined reported value of $436.74B. The filing implies a moderately concentrated portfolio: its ten largest positions account for 25.0% of reported value. HoldingsHub classifies the profile as Mega / High Turnover.
The largest disclosed positions as of Q2 2026 were AAPL ($20.02B), NVDA ($18.26B), MSFT ($17.81B). By sector, the heaviest allocations are Technology 31.6%, Consumer Discretionary 14.8%. Versus the prior quarter, allocation shifted toward Technology (+3.7pp) and away from Consumer Discretionary (-0.7pp), Other (-0.9pp).
Versus the prior quarter, Franklin Resources opened 202 new positions, trimmed 1173 and fully exited 175, a turnover rate of 47.6% of positions. The portfolio's overlap with the prior quarter was 88% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | AAPL | APPLE INC | 69.20M | $20.02B | 4.58% | Add |
| 2 | NVDA | NVIDIA CORPORATION | 91.27M | $18.26B | 4.18% | Reduce |
| 3 | MSFT | MICROSOFT CORP | 47.76M | $17.81B | 4.08% | Add |
| 4 | AMZN | AMAZON COM INC | 59.21M | $14.11B | 3.23% | Add |
| 5 | AVGO | BROADCOM INC | 24.69M | $9.33B | 2.14% | Reduce |
| 6 | GOOG | ALPHABET INC | 21.00M | $7.42B | 1.70% | Add |
| 7 | XOM | EXXON MOBIL CORP | 43.11M | $5.89B | 1.35% | Add |
| 8 | LRCX | LAM RESEARCH CORP | 13.07M | $5.66B | 1.30% | Add |
| 9 | LLY | ELI LILLY & CO | 4.59M | $5.51B | 1.26% | Add |
| 10 | META | META PLATFORMS INC. CLASS A | 9.41M | $5.30B | 1.21% | Reduce |
| 11 | AMD | ADVANCED MICRO DEVICES INC | 9.09M | $5.28B | 1.21% | Add |
| 12 | CSCO | CISCO SYS INC | 43.39M | $5.10B | 1.17% | Reduce |
| 13 | C | CITIGROUP INC | 36.01M | $5.04B | 1.15% | Reduce |
| 14 | ABBV | ABBVIE INC | 19.93M | $5.01B | 1.15% | Add |
| 15 | JPM | JPMORGAN CHASE & CO | 15.01M | $4.91B | 1.12% | Hold |
| 16 | MU | MICRON TECHNOLOGY INC | 3.63M | $4.20B | 0.96% | Add |
| 17 | BAC | BANK OF AMER CORP | 72.25M | $4.12B | 0.94% | Reduce |
| 18 | PG | PROCTER & GAMBLE CO | 26.82M | $3.93B | 0.90% | Reduce |
| 19 | TMO | THERMO FISHER SCIENTIFIC INC | 7.27M | $3.65B | 0.83% | Add |
| 20 | V | VISA INC | 10.49M | $3.60B | 0.82% | Add |
| 21 | UNH | UNITEDHEALTH GROUP INCORPORATED | 8.64M | $3.59B | 0.82% | Add |
| 22 | KO | COCA COLA CO | 43.23M | $3.51B | 0.80% | Add |
| 23 | PM | PHILIP MORRIS INTL INC | 19.33M | $3.50B | 0.80% | Add |
| 24 | SCHW | SCHWAB CHARLES CORP | 36.48M | $3.37B | 0.77% | Add |
| 25 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 7.01M | $3.35B | 0.77% | Reduce |
| 26 | AZN | ASTRAZENECA PLC | 16.51M | $3.11B | 0.71% | Reduce |
| 27 | TSLA | TESLA INC | 6.86M | $2.88B | 0.66% | Reduce |
| 28 | WMT | WALMART INC | 25.31M | $2.87B | 0.66% | Reduce |
| 29 | COF | CAPITAL ONE FINL CORP | 13.44M | $2.70B | 0.62% | Reduce |
| 30 | MA | MASTERCARD INCORPORATED | 5.21M | $2.68B | 0.61% | Reduce |
| 31 | JNJ | JOHNSON & JOHNSON | 10.09M | $2.56B | 0.59% | Reduce |
| 32 | CVX | CHEVRON CORPORATION | 15.44M | $2.56B | 0.59% | Reduce |
| 33 | MRK | MERCK & CO INC | 19.55M | $2.51B | 0.57% | Add |
| 34 | AMAT | APPLIED MATLS INC | 3.37M | $2.44B | 0.56% | Add |
| 35 | GM | GENERAL MTRS CO | 31.30M | $2.41B | 0.55% | Reduce |
| 36 | LIN | LINDE PLC | 4.64M | $2.41B | 0.55% | Add |
| 37 | LUV | SOUTHWEST AIRLS CO | 46.58M | $2.40B | 0.55% | Add |
| 38 | FCX | FREEPORT MCMORAN INC | 37.38M | $2.35B | 0.54% | Add |
| 39 | RTX | RTX CORPORATION | 12.26M | $2.33B | 0.53% | Add |
| 40 | MCK | MCKESSON CORP | 2.91M | $2.20B | 0.50% | Reduce |
| 41 | PHM | PULTE GROUP INC | 15.56M | $2.13B | 0.49% | Add |
| 42 | PNC | PNC FINL SVCS GROUP INC | 8.42M | $2.07B | 0.47% | Reduce |
| 43 | ALL | ALLSTATE CORP | 8.70M | $2.07B | 0.47% | Add |
| 44 | URI | UNITED RENTALS INC | 1.81M | $2.05B | 0.47% | Add |
| 45 | GS | GOLDMAN SACHS GROUP INC | 1.95M | $1.97B | 0.45% | Reduce |
| 46 | NRG | NRG ENERGY INC. | 13.05M | $1.91B | 0.44% | Add |
| 47 | CTVA | CORTEVA INC | 22.33M | $1.89B | 0.43% | Add |
| 48 | HLT | HILTON WORLDWIDE HLDGS INC | 5.67M | $1.87B | 0.43% | Reduce |
| 49 | COP | CONOCOPHILLIPS | 17.98M | $1.87B | 0.43% | Hold |
| 50 | MRVL | MARVELL TECHNOLOGY INC | 5.99M | $1.78B | 0.41% | Reduce |