Franklin Resources Boosts Comcast Stock Holdings

Investment firm increases stake in cable giant by 12.6% in Q3

Mar. 12, 2026 at 10:34am

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Franklin Resources Inc. increased its position in Comcast Corporation (NASDAQ:CMCSA) by 12.6% during the third quarter, according to the company's recent 13F filing with the Securities & Exchange Commission. The firm now owns 22,047,063 shares of the cable giant's stock, representing approximately 0.61% of Comcast's total shares outstanding.

Why it matters

This move by Franklin Resources, one of the world's largest investment management firms, signals continued institutional investor confidence in Comcast's long-term growth prospects despite recent stock price volatility. As a major shareholder, Franklin Resources' increased stake could influence Comcast's strategic direction and shareholder returns.

The details

According to the 13F filing, Franklin Resources acquired an additional 2,470,742 shares of Comcast during the third quarter, bringing its total position to 22,047,063 shares. This represents a 12.6% increase in the firm's Comcast holdings compared to the prior quarter. Franklin Resources is now one of Comcast's largest institutional investors, owning approximately 0.61% of the company's outstanding shares.

  • Franklin Resources filed its 13F report for the third quarter on October 15, 2026.

The players

Franklin Resources Inc.

A global investment management firm that provides a range of investment management and related services to institutional and individual investors.

Comcast Corporation

A diversified global media and technology company that provides broadband internet, video, voice, and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands.

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The takeaway

Franklin Resources' increased stake in Comcast suggests the investment firm sees long-term value in the cable and media company, despite recent stock price fluctuations. This move could signal broader institutional confidence in Comcast's ability to navigate industry changes and maintain its position as a leading provider of broadband and entertainment services.