Franklin Resources Boosts Stake in Eli Lilly

Asset manager increases position in pharmaceutical giant by 1.5% in Q3 2026

Mar. 11, 2026 at 10:50am

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Franklin Resources Inc. increased its stake in Eli Lilly and Company (NYSE: LLY) by 1.5% in the third quarter of 2026, adding 73,323 shares to bring its total holding to 4,840,188 shares. The asset manager now owns approximately 0.51% of Eli Lilly, making it the company's 14th largest institutional investor.

Why it matters

Eli Lilly is one of the world's leading pharmaceutical companies, known for developing innovative medicines across a range of therapeutic areas. Franklin Resources' increased investment signals confidence in Lilly's long-term growth prospects and the company's ability to continue delivering value for shareholders.

The details

According to a 13F filing with the SEC, Franklin Resources purchased an additional 73,323 shares of Eli Lilly during the third quarter, bringing its total position to 4,840,188 shares. This represents a 1.5% increase in the asset manager's stake in the company. Eli Lilly currently accounts for approximately 0.9% of Franklin Resources' investment portfolio, making it the firm's 14th largest holding.

  • Franklin Resources filed its 13F report for the third quarter of 2026 on March 11, 2026.

The players

Franklin Resources Inc.

A global investment management organization with over $1.5 trillion in assets under management, serving individual and institutional investors worldwide.

Eli Lilly and Company

A global pharmaceutical company founded in 1876 and headquartered in Indianapolis, Indiana, known for developing innovative medicines across a range of therapeutic areas.

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The takeaway

Franklin Resources' increased stake in Eli Lilly reflects the asset manager's confidence in the pharmaceutical company's long-term growth potential. As one of Lilly's largest institutional investors, Franklin's investment decision signals that the firm believes the company is well-positioned to continue delivering value for shareholders in the years ahead.