SEC 13F Intelligence

Managers / Q2 2025 · view latest →

FRANKLIN RESOURCES INC

CIK 0000038777 · Part of the Franklin Templeton family · ONE FRANKLIN PARKWAY, BUILDING 920/2, LEGAL-FRI SECRETARY, SAN MATEO, CA, 94403 · 650-312-2000

Reported Value
$377.2B
Q2 2025
Positions
13,663
Filings on Record
27
2019–present window
Filed
Aug 12, 2025
original filing

Summary

Franklin Resources Inc reported $377.2B in U.S.-listed holdings across 13,663 positions for Q2 2025.

Its largest position, MSFT, represents 2.6% of the portfolio.

Compared with Q1 2025, the fund opened 220 new positions and exited 157.

Portfolio Metrics

Turnover
+6.8%
vs prior filed quarter
Top-10 Concentration
+13.3%
share of reported value
Largest Position
+2.6%
Microsoft
New / Exited
220 / 157
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’20: $149.8BQ1 ’20Q2 ’20: $194.1BQ3 ’20: $206.5BQ4 ’20: $236.3BQ1 ’21: $245.8BQ1 ’21Q2 ’21: $261.7BQ3 ’21: $265.6BQ4 ’21: $277.3BQ1 ’22: $250.2BQ1 ’22Q2 ’22: $201.7BQ3 ’22: $183.5BQ4 ’22: $192.4BQ1 ’23: $199.3BQ1 ’23Q2 ’23: $210.4BQ3 ’23: $196.8BQ4 ’23: $213.9BQ1 ’24: $315.8BQ1 ’24Q2 ’24: $325.3BQ3 ’24: $356.1BQ4 ’24: $360.1BQ1 ’25: $347.6BQ1 ’25Q2 ’25: $377.2BQ3 ’25: $401.0BQ4 ’25: $407.6BQ1 ’26: $408.3BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 86.1%Other: 6.2%ETP: 3.1%ADR: 2.2%REIT: 1.2%Other: 1.3%
  • Common Stock · 86.1% · $324.7B
  • Other · 6.2% · $23.3B
  • ETP · 3.1% · $11.5B
  • ADR · 2.2% · $8.3B
  • REIT · 1.2% · $4.6B
  • Other · 1.3% · $4.8B

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BBARRICK MNG CORPNEW+4.57M4.57M+$95M$95M
QXO INCNEW+1.36M1.36M+$84M$84M
ALIBABA GROUP HLDG LTDNEW+52.40M52.40M+$67M$67M
PELOTON INTERACTIVE INCNEW+35.63M35.63M+$66M$66M
MKS INC.NEW+63.22M63.22M+$63M$63M
6RJ0ROCKET LAB CORPNEW+1.62M1.62M+$58M$58M
QXOQXO INCNEW+2.50M2.50M+$54M$54M
TXNM ENERGY INCNEW+40.00M40.00M+$52M$52M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM4.73%$17.8B35.85M
2NVDANVIDIA CORPORATIONhistory →COM3.38%$12.7B80.64M
3AMZNAMAZON COM INChistory →COM2.55%$9.6B43.78M
4AAPLAPPLE INChistory →COM1.71%$6.5B31.52M
5AVGOBROADCOM INChistory →COM1.71%$6.5B23.44M
6METAMETA PLATFORMS INChistory →CL A1.03%$3.9B5.28M
7GOOGLALPHABET INChistory →CAP STK CL A0.90%$3.4B19.26M
8EXMOCEXXON MOBIL CORPhistory →COM0.86%$3.2B30.09M
9WMTWALMART INChistory →COM0.74%$2.8B28.71M
10MAMASTERCARD INCORPORATEDhistory →CL A0.65%$2.5B4.36M
11JNJJOHNSON & JOHNSONhistory →COM0.61%$2.3B14.99M
12CHVCHEVRON CORP NEWhistory →COM0.54%$2.1B14.33M
13PGPROCTER AND GAMBLE COhistory →COM0.52%$2.0B12.36M
14VVISA INChistory →COM CL A0.52%$2.0B5.54M
15TRVCCITIGROUP INChistory →COM NEW0.51%$1.9B22.62M
16NOWSERVICENOW INChistory →COM0.50%$1.9B1.84M
17PEPPEPSICO INChistory →COM0.49%$1.9B14.03M
18NFLXNETFLIX INChistory →COM0.47%$1.8B1.31M
19LLYELI LILLY & COhistory →COM0.45%$1.7B2.20M
20NEENEXTERA ENERGY INChistory →COM0.45%$1.7B24.55M
21ABBVABBVIE INChistory →COM0.43%$1.6B8.74M
224I1PHILIP MORRIS INTL INChistory →COM0.41%$1.5B8.45M
23LINDE PLCSHS0.40%$1.5B3.23M
24JPMJPMORGAN CHASE & CO.history →COM0.39%$1.5B5.03M
25COFCAPITAL ONE FINL CORPhistory →COM0.39%$1.5B6.84M
26BACBANK AMERICA CORPhistory →COM0.39%$1.5B30.72M
27CSCOCISCO SYS INChistory →COM0.39%$1.5B20.94M
28KOCOCA COLA COhistory →COM0.38%$1.4B20.30M
29ORCLORACLE CORPhistory →COM0.38%$1.4B6.50M
30AXONAXON ENTERPRISE INChistory →COM0.37%$1.4B1.68M
31TXNTEXAS INSTRS INChistory →COM0.36%$1.3B6.49M
32MCKMCKESSON CORPhistory →COM0.34%$1.3B1.74M
33SOSOUTHERN COhistory →COM0.34%$1.3B13.82M
34SNPSSYNOPSYS INChistory →COM0.33%$1.2B2.43M
35ISRGINTUITIVE SURGICAL INChistory →COM NEW0.32%$1.2B2.20M
36MRKMERCK & CO INChistory →COM0.31%$1.2B14.68M
37UNPUNION PAC CORPhistory →COM0.31%$1.2B5.04M
38SYKSTRYKER CORPORATIONhistory →COM0.30%$1.1B2.88M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$408.3B14,782May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$407.6B14,263Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$401.0B14,148Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$377.2B13,663Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$347.6B13,788May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$360.1B12,207Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$356.1B12,097Nov 27, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$325.3B12,118Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$315.8B11,977May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$213.9B9,225Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$196.8B9,683Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$210.4B9,721Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$199.3B8,575May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$192.4B8,652Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$183.5B8,514Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$201.7B8,621Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$250.2B8,630May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$277.3B8,512Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$265.6B8,378Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$261.7B7,248Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$245.8B7,039May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$236.3B6,678Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$206.5B6,345Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$194.1B4,937Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$149.8B4,153May 13, 202013F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 29 additional managers.

  • Brandywine Global Investment Management, LLC028-02204
  • ClearBridge Investments Ltd028-16543
  • Clearbridge Investments, LLC028-11611
  • Lexington Partners L.P.028-17321
  • MARTIN CURRIE LTD028-13902
  • O'SHAUGHNESSY ASSET MANAGEMENT, LLC028-12966
  • ROYCE & ASSOCIATES LP028-03780
  • Western Asset Management Company, LLC028-10245
  • FIDUCIARY TRUST CO INTERNATIONAL028-03877
  • Fiduciary Trust Co International of Pennsylvania028-15057
  • FIDUCIARY TRUST Co OF CANADA028-17561
  • Fiduciary Trust International of California028-25569
  • Fiduciary Trust International of the South028-25570
  • FIDUCIARY TRUST INTERNATIONAL LLC028-13852
  • FRANKLIN ADVISERS INC028-03578
  • FRANKLIN ADVISORY SERVICES LLC028-05930
  • Franklin Managed Options Strategies, LLC028-23344
  • FRANKLIN MUTUAL ADVISERS LLC028-06154
  • Franklin Templeton Asset Management Mexico, S.A. de C.V., Sociedad Operadora de Fondos de Inversion028-21845
  • Franklin Templeton Australia Ltd028-21841
  • Franklin Templeton Institutional, LLC028-12310
  • Franklin Templeton International Services S.a r.l028-19123
  • FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LTD028-11761
  • FRANKLIN TEMPLETON INVESTMENTS CORP028-06143
  • PUTNAM INVESTMENT MANAGEMENT LLC028-00090
  • TEMPLETON ASSET MANAGEMENT LTD028-11763
  • TEMPLETON GLOBAL ADVISORS LTD028-05454
  • TEMPLETON INVESTMENT COUNSEL LLC028-01074
  • PUTNAM ADVISORY CO LLC028-00092

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.