This is the 467th most frequent Japanese word.
持つ
To hold; to possess.
In this sentence, 持つ means 'to have' or 'to possess'.
私は黒いカバンを持っています。
I have a black bag.
Here, 持つ signifies 'to carry', indicating the act of holding something while moving it.
彼は荷物を持って玄関へ行きました。
He carried the luggage to the front door.
In this example, 持つ metaphorically expresses 'to hold' dreams or aspirations.