We are live on
!
Find out more
FQ
First Quadrant Portfolio holdings
AUM
$18M
1-Year Est. Return
24.2%
This Fund
S&P 500
This Quarter
Est. Return
+7.04%
1 Year Est. Return
+24.2%
3 Year Est. Return
+90.61%
5 Year Est. Return
+144.35%
10 Year Est. Return
–
AUM
$4.5B
AUM Growth
-$839M
(-16%)
Cap. Flow
-$1.12B
Cap. Flow
% of AUM
-24.8%
Top 10 Holdings %
Top 10 Hldgs %
18.15%
Holding
911
New
148
Increased
142
Reduced
263
Closed
81
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adobe
ADBE
|
+$28.3M |
| 2 |
Nike
NKE
|
+$27.5M |
| 3 |
Texas Instruments
TXN
|
+$27.4M |
| 4 |
Intuit
INTU
|
+$23.3M |
| 5 |
ConocoPhillips
COP
|
+$23.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$46M |
| 2 |
Boeing
BA
|
+$40.7M |
| 3 |
AbbVie
ABBV
|
+$33.8M |
| 4 |
Synopsys
SNPS
|
+$29M |
| 5 |
Amazon
AMZN
|
+$28.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.99% |
| 2 | Financials | 14.07% |
| 3 | Healthcare | 11.61% |
| 4 | Consumer Discretionary | 10.64% |
| 5 | Industrials | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Ziff Davis
ZD
$2B
| $3.1M | 0.07% |
+42,969
| New | +$3.15M |
|
|
MNK
252
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $3.09M | 0.07% |
105,536
+8,736
| +9% | +$246K |
|
|
DNR
253
DELISTED
Denbury Resources, Inc.
DNR
| $3.08M | 0.07% |
496,622
+238,622
| +92% | +$1.19M |
|
254
Allstate
ALL
$70.6B
| $3.06M | 0.07% |
31,001
| – | – |
|
255
Cathay General Bancorp
CATY
$4.23B
| $3.05M | 0.07% |
73,497
+5,677
| +8% | +$238K |
|
|
CBM
256
DELISTED
Cambrex Corporation
CBM
| $3.02M | 0.07% |
44,118
+1,990
| +5% | +$123K |
|
257
Arrow Electronics
ARW
$10.5B
| $3.02M | 0.07% |
40,900
| – | – |
|
258
Factset
FDS
$10B
| $3.01M | 0.07% |
13,462
| – | – |
|
259
L3Harris
LHX
$55.4B
| $3.01M | 0.07% |
17,800
| – | – |
|
260
Bio-Rad Laboratories Class A
BIO
$8.76B
| $2.97M | 0.07% |
9,503
| – | – |
|
|
MIK
261
DELISTED
Michaels Stores, Inc
MIK
| $2.97M | 0.07% |
182,758
-1,036,609
| -85% | -$19.7M |
|
262
Copart
CPRT
$28.5B
| $2.96M | 0.07% |
230,024
-60,548
| -21% | -$905K |
|
263
CACI
CACI
$10.8B
| $2.95M | 0.07% |
16,027
+704
| +5% | +$130K |
|
|
PSB
264
DELISTED
PS Business Parks, Inc.
PSB
| $2.93M | 0.07% |
23,067
+19,404
| +530% | +$2.5M |
|
265
First Industrial Realty Trust
FR
$8.66B
| $2.9M | 0.06% |
92,269
+33,647
| +57% | +$1.09M |
|
266
O-I Glass
OI
$1.18B
| $2.81M | 0.06% |
149,445
-253,247
| -63% | -$4.55M |
|
|
RTEC
267
DELISTED
Rudolph Technologies Inc
RTEC
| $2.73M | 0.06% |
111,729
+3,980
| +4% | +$110K |
|
268
NRG Energy
NRG
$26.2B
| $2.71M | 0.06% |
+72,585
| New | +$2.43M |
|
269
Performance Food Group
PFGC
$18.3B
| $2.7M | 0.06% |
80,968
+31,762
| +65% | +$1.12M |
|
270
Silgan Holdings
SLGN
$4.51B
| $2.7M | 0.06% |
96,993
-13,727
| -12% | -$377K |
|
271
Intuitive Surgical
ISRG
$127B
| $2.58M | 0.06% |
13,500
| – | – |
|
272
ServiceNow
NOW
$120B
| $2.57M | 0.06% |
65,790
-32,830
| -33% | -$1.24M |
|
273
Marcus & Millichap
MMI
$1.2B
| $2.56M | 0.06% |
73,906
+7,033
| +11% | +$267K |
|
274
Aflac
AFL
$65.5B
| $2.53M | 0.06% |
53,745
| – | – |
|
275
Watsco Inc
WSO
$13.2B
| $2.53M | 0.06% |
14,202
-55,177
| -80% | -$9.75M |
|
Similar funds
BC
SCM
CFG
AG
YEPV
WIA
LSM
FFIM
First Quadrant's Q3 2018 Portfolio in Review
As of Q3 2018, First Quadrant held 911 positions worth $4.5B, down 16% from $5.34B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
First Quadrant withdrew a net $1.12B in Q3 2018, closing 81 positions and reducing 263 holdings. Its most notable exit was Hilton Grand Vacations, an estimated $22.4M position sold in full.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
Against the trend, First Quadrant opened a new position in UGI worth $21.9M.
- First Quadrant's largest Q3 2018 buy was UGI: 394,049 shares worth $21.9M.
- First Quadrant added most to Adobe in Q3 2018, an estimated $28.3M increase.
- First Quadrant's biggest Q3 2018 reduction was Apple, cutting an estimated $46M.
- First Quadrant fully exited Hilton Grand Vacations in Q3 2018, selling an estimated $22.4M.
- First Quadrant's ten largest holdings make up 18% of its $4.5B portfolio in Q3 2018.
- First Quadrant opened 148 new positions and closed 81 in Q3 2018.
- First Quadrant's portfolio value fell 16% quarter-over-quarter to $4.5B.
Based on First Quadrant's 13F filing for Q3 2018, filed 23 Oct 2018.