FRANKLIN RESOURCES INC

CIK

38777

Location

San Mateo, CA

Portfolio Value

Large $41,378,276,581

Diversification

Diversified

Filing Date

Global Rank

#28 / 8,556 —

Top Industry

Semiconductors 9.6%

3Y Alpha vs SPY

-5.1%

Period ended 2 months ago

Filed May 13, 2026 · 21d

25 quarters · since Mar 2020

Portfolio Concentration

2,551 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.4%

−0.7 pts

Top 5

16.9%

−2.2 pts

Top 10

24.7%

−2.2 pts

HHI

101

Diversified −17

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.8%	$95,470,845,567	391
Financial Services	13.5%	$52,003,720,200	441
Healthcare	12.9%	$49,487,163,439	383
Industrials	10.7%	$41,378,276,581	340
Consumer Cyclical	9.2%	$35,540,387,942	270
Communication Services	6.6%	$25,528,859,045	92
Consumer Defensive	5.8%	$22,258,791,729	113
Energy	5.6%	$21,714,449,560	137
Utilities	5.1%	$19,661,936,123	73
Basic Materials	4.1%	$15,829,487,669	143
Real Estate	1.3%	$4,840,079,796	148
Unclassified	0.3%	$1,309,353,745	20

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CNH	CNH Industrial N.V.	+21,715,555	46,643,156	$513,074,716
BAC	Bank Of America Corp /De/	+15,977,027	73,067,991	$3,562,064,554
KR	Kroger Co	+13,366,528	15,221,187	$1,101,405,085
T	At&T Inc.	+11,316,950	19,680,551	$570,539,166
JD	JD.com, Inc.	+10,598,548	10,608,107	$313,681,722
BSX	Boston Scientific Corp	+9,030,920	14,707,002	$922,864,372
ABT	Abbott Laboratories	+8,867,817	20,022,905	$2,055,751,650
EQX	Equinox Gold Corp.	+8,034,579	20,483,757	$296,195,124
STLA	Stellantis N.V.	+7,992,146	26,745,381	$189,624,748
CSCO	Cisco Systems, Inc.	+7,891,428	58,212,333	$4,516,694,911
CMCSA	Comcast Corp	+6,989,800	31,636,333	$908,279,110
SW	Smurfit Westrock plc	+6,095,304	12,932,618	$515,364,821
ODV	Osisko Development Corp.	+5,262,000	10,353,948	$33,650,331
F	Ford Motor Co	+5,156,489	10,099,208	$116,544,854
C	Citigroup Inc	+4,774,532	38,971,315	$4,419,736,829
VTRS	Viatris Inc	+4,660,845	5,569,529	$75,244,331
NFLX	Netflix Inc	+4,660,520	21,919,932	$2,107,601,454
DOC	Healthpeak Properties, Inc.	+4,226,342	4,510,533	$74,108,051
LUV	Southwest Airlines Co	+4,185,878	44,386,408	$1,667,597,345
PG	PROCTER & GAMBLE Co	+3,924,073	27,796,251	$4,014,890,487
GM	General Motors Co	+3,886,349	36,044,752	$2,685,334,020
AGI	Alamos Gold Inc	+3,885,043	7,149,477	$317,651,262
CDE	Coeur Mining, Inc.	+3,682,568	4,946,468	$92,845,201
OTIS	Otis Worldwide Corp	+3,678,803	11,520,956	$888,035,284
VZ	Verizon Communications Inc	+3,335,311	16,694,920	$838,084,979
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KEY	Keycorp /New/	−13,642,432	1,494,839	$29,971,516
WMT	Walmart Inc.	−9,269,001	27,551,549	$3,424,106,503
GEN	Gen Digital Inc.	−7,851,583	169,177	$3,185,600
SLB	Slb Limited/Nv	−7,691,905	13,258,035	$681,330,412
JCI	Johnson Controls International plc	−6,489,120	16,165,985	$2,116,935,731
DD	DuPont de Nemours, Inc.	−6,365,116	607,742	$27,834,580
HAL	Halliburton Co	−5,839,370	1,097,008	$42,772,337
GRAB	Grab Holdings Ltd	−5,356,706	10,344,683	$37,861,538
HDB	Hdfc Bank Ltd	−4,468,050	8,827,002	$219,615,809
D	Dominion Energy, Inc	−3,980,609	5,448,097	$336,801,352
AIG	American International Group, Inc.	−3,923,670	11,694,651	$880,022,483
TXN	Texas Instruments Inc	−3,683,645	5,469,977	$1,061,941,328
CP	Canadian Pacific Kansas City Ltd/Cn	−3,625,901	4,692,880	$369,141,933
IP	International Paper Co /New/	−3,456,223	11,376,729	$406,149,221
Q	Qnity Electronics, Inc.	−3,356,556	164,802	$19,014,848
OWL	Blue Owl Capital Inc.	−3,288,000	76,759	$700,807
TGT	Target Corp	−3,099,531	3,094,917	$375,103,935
UBER	Uber Technologies, Inc	−3,083,023	2,447,030	$176,014,863
PLG	Platinum Group Metals Ltd	−2,949,852	5,113,983	$9,051,749
BTG	B2gold Corp	−2,916,479	5,855,961	$26,527,502
CCO	Clear Channel Outdoor Holdings, Inc.	−2,903,448	36,153	$85,682
MKC	Mccormick & Co Inc	−2,893,485	189,206	$9,543,547
GAP	Gap Inc	−2,853,938	5,350,583	$129,484,105
INFY	Infosys Ltd	−2,800,409	5,137,817	$69,411,906
RBLX	Roblox Corp	−2,673,246	3,389,479	$191,708,930
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	17,792,161	$3,508,969,981
FPS	Forgent Power Solutions, Inc.	3,473,621	$101,672,885
SUNB	Sunbelt Rentals Holdings, Inc.	738,119	$48,044,163
VSNT	Versant Media Group, Inc.	1,278,486	$47,329,546
RDY	Dr Reddys Laboratories Ltd	2,856,094	$39,556,900
HHH	Howard Hughes Holdings Inc.	556,346	$35,194,446
BMM	Blue Moon Metals Inc.	4,060,000	$26,552,400
AMCR	Amcor plc	552,383	$21,957,221
WHR	Whirlpool Corp /De/	374,484	$20,192,175
MWH	SOLV Energy, Inc.	581,513	$17,462,835
HLNE	Hamilton Lane INC	144,167	$14,330,199
MANE	Veradermics, Inc	200,000	$12,630,000
PHAT	Phathom Pharmaceuticals, Inc.	994,504	$11,048,939
GRBK	Green Brick Partners, Inc.	170,897	$11,014,310
THM	International Tower Hill Mines Ltd	4,500,000	$10,350,000
CPA	Copa Holdings, S.A.	85,917	$9,761,029
GTX	Garrett Motion Inc.	520,426	$9,456,139
PHIN	Phinia Inc.	131,979	$9,032,641
YSS	York Space Systems Inc.	359,679	$7,974,082
SGP	SpyGlass Pharma, Inc.	300,000	$7,773,000
PVH	Pvh Corp. /De/	110,814	$7,730,381
SDRL	Seadrill Ltd	162,424	$7,390,291
AS	Amer Sports, Inc.	216,054	$7,112,496
QGEN	Qiagen N.V.	170,703	$6,834,946
H	Hyatt Hotels Corp	44,449	$6,391,318
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
MAT	Mattel Inc /De/	7,359,655	$146,015,553
ODD	Oddity Tech Ltd	1,280,216	$51,439,078
NGD	New Gold Inc. /FI	4,413,548	$38,442,001
AAUC	Allied Gold Corp	1,372,438	$31,401,381
FUBO	FuboTV Inc.	733,267	$22,173,992
RCUS	Arcus Biosciences, Inc.	853,491	$20,338,688
SAIL	SailPoint, Inc.	715,333	$14,471,186
PIPR	Piper Sandler Companies	120,125	$10,201,913
VERX	Vertex, Inc.	464,155	$9,269,174
SBLK	Star Bulk Carriers Corp.	463,275	$8,904,145
FIGR	Figure Technology Solutions, Inc.	212,016	$8,658,733
ASMB	Assembly Biosciences, Inc.	210,528	$7,160,057
WOLF	Wolfspeed, Inc.	397,457	$6,919,726
NMFC	New Mountain Finance Corp	455,022	$4,190,752
SLM	SLM Corp	147,790	$3,999,196
S	SentinelOne, Inc.	265,814	$3,987,210
WW	Ww International, Inc.	135,949	$3,971,750
BLKB	Blackbaud Inc	62,656	$3,967,376
EXAS	EXACT SCIENCES CORP	30,449	$3,092,399
FND	Floor & Decor Holdings, Inc.	49,337	$3,004,127
FMS	Fresenius Medical Care AG	76,888	$1,831,470
BLSH	Bullish	41,467	$1,570,354
NNE	Nano Nuclear Energy Inc.	48,839	$1,172,622
CODI	Compass Diversified Holdings	202,282	$970,953
GT	Goodyear Tire & Rubber Co /Oh/	106,276	$930,976
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

340 positions · $41,378,276,581 total · Industrials only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 340 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
HON	Honeywell International Inc Industrials	Added	13,545,305	+3,318,104	$3,061,645,281	+53.4%	7.40%
RTX	RTX Corp Industrials	Reduced	12,188,518	-2,284,191	$2,351,165,117	−11.4%	5.68%
NOC	Northrop Grumman Corp /De/ Industrials	Added	3,279,136	+153,997	$2,237,157,738	+25.5%	5.41%
JCI	Johnson Controls International plc Industrials	Reduced	16,165,985	-6,489,120	$2,116,935,731	−22.0%	5.12%
FDX	Fedex Corp Industrials	Added	5,895,234	+762,003	$2,099,764,441	+41.6%	5.07%
LUV	Southwest Airlines Co Industrials	Added	44,386,408	+4,185,878	$1,667,597,345	+0.4%	4.03%
UNP	Union Pacific Corp Industrials	Reduced	6,059,505	-1,138,944	$1,470,157,097	−11.7%	3.55%
IR	Ingersoll Rand Inc. Industrials	Added	16,927,559	+1,285,580	$1,356,236,022	+9.4%	3.28%
URI	United Rentals, Inc. Industrials	Added	1,658,878	+314,897	$1,208,592,149	+11.1%	2.92%
GEV	GE Vernova Inc. Industrials	Added	1,352,002	+71,062	$1,180,162,541	+41.0%	2.85%
PH	Parker-Hannifin Corp Industrials	Reduced	1,170,655	-37,225	$1,048,017,177	−1.3%	2.53%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Reduced	4,247,747	-145,856	$990,829,459	+1.3%	2.39%
TT	Trane Technologies plc Industrials	Added	2,138,250	+3,000	$891,094,298	+7.2%	2.15%
OTIS	Otis Worldwide Corp Industrials	Added	11,520,956	+3,678,803	$888,035,284	+29.6%	2.15%
LMT	Lockheed Martin Corp Industrials	Reduced	1,405,747	-264,537	$849,619,422	+5.2%	2.05%
CAT	Caterpillar Inc Industrials	Added	972,741	+99,021	$689,148,085	+37.7%	1.67%
GE	General Electric Co Industrials	Added	2,247,974	+77,692	$637,907,576	−4.6%	1.54%
ODFL	Old Dominion Freight Line, Inc. Industrials	Added	3,048,675	+1,226,371	$595,711,093	+108.5%	1.44%
GWW	W.W. Grainger, Inc. Industrials	Added	541,657	+14,240	$590,844,919	+11.0%	1.43%
GD	General Dynamics Corp Industrials	Reduced	1,613,248	-11,962	$553,698,972	+1.2%	1.34%
AER	AerCap Holdings N.V. Industrials	Added	3,789,356	+373,341	$519,823,852	+5.9%	1.26%
CNH	CNH Industrial N.V. Industrials	Added	46,643,156	+21,715,555	$513,074,716	+123.2%	1.24%
NVT	nVent Electric plc Industrials	Reduced	4,259,798	-408,060	$503,848,906	+5.9%	1.22%
AXON	Axon Enterprise, Inc. Industrials	Reduced	1,047,473	-80,460	$444,851,305	−30.6%	1.08%
ETN	Eaton Corp plc Industrials	Reduced	1,231,562	-438,520	$440,492,775	−17.2%	1.06%
CTAS	Cintas Corp Industrials	Reduced	2,393,882	-186,364	$404,901,196	−16.6%	0.98%
BWXT	BWX Technologies, Inc. Industrials	Reduced	1,901,316	-356,966	$388,800,106	−0.4%	0.94%
DOV	DOVER Corp Industrials	Added	1,793,720	+33,569	$373,900,930	+8.8%	0.90%
BE	Bloom Energy Corp Industrials	Added	2,756,004	+875,913	$373,410,978	+128.6%	0.90%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	4,692,880	-3,625,901	$369,141,933	−39.7%	0.89%
PWR	Quanta Services, Inc. Industrials	Added	669,247	+77,321	$367,429,981	+47.1%	0.89%
HWM	Howmet Aerospace Inc. Industrials	Added	1,500,894	+67,083	$345,896,027	+17.7%	0.84%
RSG	Republic Services, Inc. Industrials	Reduced	1,534,222	-521,144	$336,025,297	−22.9%	0.81%
CW	Curtiss Wright Corp Industrials	Reduced	486,785	-3,704	$331,558,996	+22.6%	0.80%
VRT	Vertiv Holdings Co Industrials	Added	1,296,169	+256,973	$324,794,022	+92.9%	0.78%
UPS	United Parcel Service Inc Industrials	Added	3,011,373	+1,374,704	$296,258,869	+82.5%	0.72%
FAST	Fastenal Co Industrials	Reduced	6,199,635	-287,743	$287,663,060	+10.5%	0.70%
AME	Ametek Inc/ Industrials	Reduced	1,323,876	-11,513	$283,786,054	+3.5%	0.69%
CSL	Carlisle Companies Inc Industrials	Reduced	845,123	-174,086	$281,949,932	−13.5%	0.68%
FIX	Comfort Systems USA Inc Industrials	Added	203,388	+23,377	$280,470,013	+66.9%	0.68%
KTOS	Kratos Defense & Security Solutions, Inc. Industrials	Reduced	3,977,702	-19,917	$280,467,764	−7.6%	0.68%
RRX	Regal Rexnord Corp Industrials	Added	1,220,606	+120,402	$228,570,676	+48.1%	0.55%
DE	Deere & Co Industrials	Reduced	401,970	-30,475	$226,429,698	+12.5%	0.55%
XYL	Xylem Inc. Industrials	Reduced	1,742,132	-45,862	$208,184,772	−14.5%	0.50%
RBC	RBC Bearings INC Industrials	Added	323,261	+779	$175,569,510	+21.4%	0.42%
GTES	Gates Industrial Corp plc Industrials	Added	7,612,770	+307,705	$172,124,728	+9.7%	0.42%
AEIS	Advanced Energy Industries Inc Industrials	Added	532,529	+45,035	$171,852,431	+68.4%	0.42%
CRS	Carpenter Technology Corp Industrials	Added	424,381	+79,187	$167,269,768	+53.9%	0.40%
TDG	TransDigm Group INC Industrials	Reduced	143,510	-233,083	$166,322,344	−66.8%	0.40%
VMI	Valmont Industries Inc Industrials	Added	399,649	+660	$159,687,747	−0.5%	0.39%