Business Context and Reporting Period
This filing is a Form 13F-HR (Holdings Report) submitted by FRANKLIN RESOURCES INC for the quarter ended March 31, 2026. The report was signed on May 8, 2026, by Thomas C. Mandia, Assistant Secretary. It is a combination report, meaning a portion of the holdings are reported here while others are reported by affiliated managers.
Key Financial Metrics
As a 13F filing, this document reports equity holdings rather than the company's own operating financials (revenue, profit, cash flow). The following metrics reflect the portfolio managed by the reporting manager:
- Total Portfolio Value: $408,304,941,435
- Total Number of Holdings: 14,782
- Number of Other Included Managers: 22
- Revenue, Profit, Margins, Debt, Liquidity: Not applicable; this filing does not contain operating financial data for Franklin Resources Inc.
Material Changes and Organizational Updates
The filing notes specific structural changes affecting the reporting of holdings:
- Brandywine Global Investment Management, LLC: Moved from "Other Manager Reporting" to the "List of Other Included Managers."
- Merger Activity: Effective December 31, 2025, Franklin Managed Options Strategies, LLC ("MOST") merged its operations into O'Shaughnessy Asset Management, LLC ("OSAM"). Consequently, MOST is no longer listed, while OSAM remains included in the "List of Other Managers Reporting."
Guidance, Outlook, and Risks
This filing type does not contain management guidance, future outlook, or risk commentary regarding the company's business operations. The only risk disclosure present is the standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total portfolio value of approximately $408.3 billion against the company's latest 10-Q or 10-K for context on assets under management.
- Confirm the impact of the MOST/OSAM merger on future reporting structures.
- Note that this document lists equity holdings only; it does not disclose derivatives, fixed income, or cash positions.
- Review the list of 22 included managers to understand the full scope of the reporting entity's consolidated holdings.