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
+8.93%
1 Year Est. Return
+24.2%
3 Year Est. Return
+90.61%
5 Year Est. Return
+144.35%
10 Year Est. Return
–
AUM
$871M
AUM Growth
-$69.5M
(-7.4%)
Cap. Flow
-$137M
Cap. Flow
% of AUM
-15.72%
Top 10 Holdings %
Top 10 Hldgs %
40.19%
Holding
614
New
49
Increased
59
Reduced
166
Closed
105
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TVRD
Tvardi Therapeutics
TVRD
|
+$1.25M |
| 2 |
Alliant Energy
LNT
|
+$1.13M |
| 3 |
Roku
ROKU
|
+$787K |
| 4 |
ServiceNow
NOW
|
+$662K |
| 5 |
Duke Energy
DUK
|
+$545K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$49.7M |
| 2 |
Apple
AAPL
|
+$3.88M |
| 3 |
Microsoft
MSFT
|
+$3.61M |
| 4 |
UnitedHealth
UNH
|
+$3.12M |
| 5 |
Visa
V
|
+$2.98M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.28% |
| 2 | Consumer Discretionary | 11.65% |
| 3 | Healthcare | 10.31% |
| 4 | Financials | 8.18% |
| 5 | Communication Services | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Capital Bancorp
CBNK
$616M
| $235K | 0.03% |
11,500
| – | – |
|
|
COR
327
DELISTED
Coresite Realty Corporation
COR
| $230K | 0.03% |
1,708
-1,500
| -47% | -$187K |
|
328
Honeywell
HON
$76.4B
| $225K | 0.03% |
1,089
| – | – |
|
|
ATRI
329
DELISTED
Atrion Corp
ATRI
| $225K | 0.03% |
362
-251
| -41% | -$157K |
|
330
NVR
NVR
$17.1B
| $224K | 0.03% |
45
| – | – |
|
331
Four Corners Property Trust
FCPT
$2.89B
| $221K | 0.03% |
8,000
+100
| +1% | +$2.83K |
|
332
Okta
OKTA
$23.8B
| $220K | 0.03% |
+900
| New | +$217K |
|
333
Lam Research
LRCX
$316B
| $216K | 0.02% |
3,320
| – | – |
|
334
AES
AES
$10.6B
| $214K | 0.02% |
8,221
| – | – |
|
335
Oil-Dri
ODC
$1.43B
| $212K | 0.02% |
12,416
-66
| -0.5% | -$1.17K |
|
336
Ameren
AEE
$30.4B
| $211K | 0.02% |
2,634
-4,904
| -65% | -$411K |
|
337
Groupon
GRPN
$1.03B
| $207K | 0.02% |
4,796
-4,440
| -48% | -$209K |
|
|
SCHW
338
Charles Schwab
SCHW
$182B
| $204K | 0.02% |
2,802
| – | – |
|
339
TETRA Technologies
TTI
$1.08B
| $200K | 0.02% |
46,000
| – | – |
|
|
SYNH
340
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $197K | 0.02% |
2,201
| – | – |
|
341
CrowdStrike
CRWD
$183B
| $195K | 0.02% |
3,096
| – | – |
|
342
Church & Dwight Co
CHD
$23.7B
| $192K | 0.02% |
2,255
-1,119
| -33% | -$96.8K |
|
343
VF Corp
VFC
$5.92B
| $190K | 0.02% |
2,318
| – | – |
|
344
Castle Biosciences
CSTL
$742M
| $183K | 0.02% |
2,501
| – | – |
|
345
McCormick & Company Non-Voting
MKC
$14B
| $183K | 0.02% |
2,071
+32
| +2% | +$2.85K |
|
346
Sysco
SYY
$40.8B
| $183K | 0.02% |
2,351
-1,052
| -31% | -$85K |
|
347
IPG Photonics
IPGP
$3.4B
| $177K | 0.02% |
838
| – | – |
|
348
Universal Health Services
UHS
$10.2B
| $170K | 0.02% |
1,163
| – | – |
|
349
Dell
DELL
$239B
| $169K | 0.02% |
3,354
-3,548
| -51% | -$178K |
|
350
Ulta Beauty
ULTA
$21.8B
| $167K | 0.02% |
482
-154
| -24% | -$50.5K |
|
Similar funds
BC
SCM
CFG
AG
YEPV
WIA
LSM
FFIM
First Quadrant's Q2 2021 Portfolio in Review
As of Q2 2021, First Quadrant held 614 positions worth $871M, down 7.4% from $940M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
First Quadrant withdrew a net $137M in Q2 2021, closing 105 positions and reducing 166 holdings. Its most notable exit was Brown & Brown, an estimated $1.65M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, First Quadrant opened a new position in Tvardi Therapeutics worth $1.02M.
- First Quadrant's largest Q2 2021 buy was Tvardi Therapeutics: 1,978 shares worth $1.02M.
- First Quadrant added most to ServiceNow in Q2 2021, an estimated $662K increase.
- First Quadrant's biggest Q2 2021 reduction was iShares iBoxx $ High Yield Corporate Bond ETF, cutting an estimated $49.7M.
- First Quadrant fully exited Brown & Brown in Q2 2021, selling an estimated $1.65M.
- First Quadrant's ten largest holdings make up 40% of its $871M portfolio in Q2 2021.
- First Quadrant opened 49 new positions and closed 105 in Q2 2021.
- First Quadrant's portfolio value fell 7.4% quarter-over-quarter to $871M.
Based on First Quadrant's 13F filing for Q2 2021, filed 23 Jul 2021.