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
-12.43%
1 Year Est. Return
+24.2%
3 Year Est. Return
+90.61%
5 Year Est. Return
+144.35%
10 Year Est. Return
–
AUM
$1.24B
AUM Growth
-$3.26B
(-72%)
Cap. Flow
-$2.84B
Cap. Flow
% of AUM
-229.02%
Top 10 Holdings %
Top 10 Hldgs %
25.78%
Holding
912
New
82
Increased
112
Reduced
260
Closed
114
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cigna
CI
|
+$3.47M |
| 2 |
CVS Health
CVS
|
+$2.91M |
| 3 |
LXP Industrial Trust
LXP
|
+$1.42M |
| 4 |
Rexford Industrial Realty
REXR
|
+$1.26M |
| 5 |
CLDT
Chatham Lodging
CLDT
|
+$995K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$79.7M |
| 2 |
Microsoft
MSFT
|
+$67.1M |
| 3 |
Vanguard Real Estate ETF
VNQ
|
+$55.2M |
| 4 |
Amazon
AMZN
|
+$55.1M |
| 5 |
UnitedHealth
UNH
|
+$40.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.46% |
| 2 | Technology | 14.16% |
| 3 | Healthcare | 13.85% |
| 4 | Industrials | 11.28% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Lam Research
LRCX
$316B
| $681K | 0.05% |
50,000
| – | – |
|
302
SLB Ltd
SLB
$72.7B
| $676K | 0.05% |
18,747
| – | – |
|
303
Charles River Laboratories
CRL
$11.3B
| $672K | 0.05% |
5,938
-12
| -0.2% | -$1.5K |
|
304
Shenandoah Telecom
SHEN
$678M
| $667K | 0.05% |
+15,083
| New | +$644K |
|
305
Moelis & Co
MC
$4.85B
| $662K | 0.05% |
+19,248
| New | +$817K |
|
|
POLY
306
DELISTED
Plantronics, Inc.
POLY
| $662K | 0.05% |
20,010
-1,350
| -6% | -$66.7K |
|
307
Akamai
AKAM
$15.6B
| $660K | 0.05% |
10,800
| – | – |
|
|
PZN
308
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $656K | 0.05% |
75,819
+31,379
| +71% | +$305K |
|
|
AAN.A
309
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $653K | 0.05% |
15,534
+1,859
| +14% | +$78.1K |
|
|
TMHC
310
DELISTED
Taylor Morrison
TMHC
| $644K | 0.05% |
40,488
-1,000
| -2% | -$16.3K |
|
311
Old Republic International
ORI
$10.9B
| $637K | 0.05% |
30,958
-572,509
| -95% | -$12.3M |
|
312
CarMax
KMX
$8.39B
| $634K | 0.05% |
10,100
| – | – |
|
|
VRTU
313
DELISTED
Virtusa Corporation
VRTU
| $634K | 0.05% |
14,892
-1,224
| -8% | -$55.9K |
|
314
FirstEnergy
FE
$28.4B
| $631K | 0.05% |
16,801
| – | – |
|
|
TBI
315
Trueblue
TBI
$227M
| $630K | 0.05% |
28,318
-3,374
| -11% | -$80.9K |
|
316
Aecom
ACM
$9.46B
| $628K | 0.05% |
23,700
| – | – |
|
317
AutoNation
AN
$7.7B
| $628K | 0.05% |
17,600
| – | – |
|
318
Silgan Holdings
SLGN
$4.51B
| $624K | 0.05% |
26,400
-70,593
| -73% | -$1.78M |
|
319
Coeur Mining
CDE
$15.1B
| $620K | 0.05% |
138,777
| – | – |
|
320
Dover
DOV
$26.7B
| $617K | 0.05% |
8,700
| – | – |
|
321
Everest Group
EG
$15.6B
| $610K | 0.05% |
2,800
| – | – |
|
322
Halozyme
HALO
$9.88B
| $610K | 0.05% |
41,687
-11,344
| -21% | -$181K |
|
323
Extra Space Storage
EXR
$32.3B
| $609K | 0.05% |
6,731
+1,400
| +26% | +$127K |
|
|
CTLT
324
DELISTED
CATALENT, INC.
CTLT
| $605K | 0.05% |
19,419
-7,139
| -27% | -$275K |
|
325
Autodesk
ADSK
$51.8B
| $604K | 0.05% |
4,700
| – | – |
|
Similar funds
BC
SCM
CFG
AG
YEPV
WIA
LSM
FFIM
First Quadrant's Q4 2018 Portfolio in Review
As of Q4 2018, First Quadrant held 912 positions worth $1.24B, down 72% from $4.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
First Quadrant withdrew a net $2.84B in Q4 2018, closing 114 positions and reducing 260 holdings. Its most notable exit was S&P Global, an estimated $21.8M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
Against the trend, First Quadrant opened a new position in LXP Industrial Trust worth $1.41M.
- First Quadrant's largest Q4 2018 buy was LXP Industrial Trust: 34,392 shares worth $1.41M.
- First Quadrant added most to Cigna in Q4 2018, an estimated $3.47M increase.
- First Quadrant's biggest Q4 2018 reduction was Apple, cutting an estimated $79.7M.
- First Quadrant fully exited S&P Global in Q4 2018, selling an estimated $21.8M.
- First Quadrant's ten largest holdings make up 26% of its $1.24B portfolio in Q4 2018.
- First Quadrant opened 82 new positions and closed 114 in Q4 2018.
- First Quadrant's portfolio value fell 72% quarter-over-quarter to $1.24B.
Based on First Quadrant's 13F filing for Q4 2018, filed 24 Jan 2019.