Franklin Resources Boosts Robinhood Stake by 61.8%

Investment firm increases holdings in the online trading platform to over 2.3 million shares.

Mar. 12, 2026 at 10:35am

Got story updates? Submit your updates here. ›

Franklin Resources Inc. raised its stake in Robinhood Markets, Inc. (NASDAQ:HOOD) by 61.8% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 2,320,372 shares of the company's stock, worth over $332 million.

Why it matters

The significant increase in Franklin Resources' Robinhood holdings signals continued institutional investor interest in the online trading platform, despite its stock price volatility and regulatory scrutiny. This could provide a boost of confidence for Robinhood as it looks to diversify its revenue streams and expand its banking and prediction market offerings.

The details

According to the 13F filing, Franklin Resources purchased an additional 886,640 shares of Robinhood during the third quarter, bringing its total stake to over 2.3 million shares. This represents a 61.8% increase in the firm's Robinhood holdings compared to the prior quarter. Franklin Resources is now one of Robinhood's largest institutional investors, owning approximately 0.26% of the company's outstanding shares.

  • Franklin Resources filed the 13F disclosure for the third quarter of 2026.

The players

Franklin Resources Inc.

A global investment management organization and one of Robinhood's largest institutional investors.

Robinhood Markets, Inc.

A U.S.-based financial services company known for its mobile-first brokerage platform and commission-free trading.

Got photos? Submit your photos here. ›

The takeaway

Franklin Resources' increased stake in Robinhood suggests that major institutional investors continue to see long-term potential in the online trading platform, despite its recent challenges. This could provide a vote of confidence as Robinhood works to diversify its business and navigate regulatory hurdles.