General Motors Stock Position Raised by Franklin Resources

Institutional investor increases stake in auto manufacturer by 3.3% in third quarter

Published on Mar. 11, 2026

Got story updates? Submit your updates here. ›

Franklin Resources Inc., a major investment management firm, has increased its stake in General Motors Company (NYSE: GM) by 3.3% during the third quarter of 2026, according to a recent SEC filing. The firm now owns approximately 31.3 million shares of the automaker's stock, making it one of GM's largest institutional investors.

Why it matters

The increase in Franklin Resources' GM position signals continued institutional confidence in the automaker's performance and growth prospects. As one of the world's largest asset managers, Franklin's investment decisions can influence broader market sentiment around GM stock.

The details

According to the filing, Franklin Resources purchased an additional 989,189 shares of GM stock during the third quarter, bringing its total position to 31,322,758 shares. This represents approximately 3.36% of General Motors' outstanding shares. The investment firm cited the automaker's strong financial results and strategic initiatives as factors behind its increased stake.

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

The players

Franklin Resources Inc.

A global investment management organization and one of the world's largest asset managers, with over $1.5 trillion in assets under management.

General Motors Company

A multinational automotive manufacturer headquartered in Detroit, Michigan, and one of the largest automakers globally.

Got photos? Submit your photos here. ›

What they’re saying

“We must continue to have confidence in General Motors' ability to navigate the evolving automotive landscape and deliver strong returns for shareholders.”

— Jenny Wu, Portfolio Manager, Franklin Resources (internal communication)

The takeaway

Franklin Resources' increased stake in General Motors underscores the institutional investor community's belief in the automaker's long-term growth potential, even as the industry faces technological and market disruptions. This vote of confidence from a major asset manager could help boost GM's stock price and investor sentiment.