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
+144.39%
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 | 16.62% |
| 2 | Technology | 14.51% |
| 3 | Healthcare | 14.35% |
| 4 | Miscellaneous | 11.79% |
| 5 | Industrials | 11.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GWB
401
DELISTED
Great Western Bancorp, Inc.
GWB
| $392K | 0.03% |
12,535
+4,232
| +51% | +$154K |
|
|
GPOR
402
DELISTED
Gulfport Energy Corp.
GPOR
| $389K | 0.03% |
+59,398
| New | +$549K |
|
|
QADA
403
DELISTED
QAD Inc.
QADA
| $387K | 0.03% |
9,851
| – | – |
|
404
Wynn Resorts
WYNN
$8.93B
| $386K | 0.03% |
3,905
| – | – |
|
405
CoStar Group
CSGP
$12.8B
| $385K | 0.03% |
11,400
+8,400
| +280% | +$307K |
|
406
Hawaiian Electric Industries
HE
$1.76B
| $385K | 0.03% |
10,503
| – | – |
|
|
DISH
407
DELISTED
DISH Network Corp.
DISH
| $385K | 0.03% |
15,400
| – | – |
|
408
Dollar General
DG
$27.5B
| $384K | 0.03% |
3,553
-192,756
| -98% | -$20.9M |
|
409
Financial Institutions
FISI
$804M
| $382K | 0.03% |
14,845
| – | – |
|
410
Integer Holdings
ITGR
$4.29B
| $378K | 0.03% |
4,961
-226
| -4% | -$18.1K |
|
411
Omnicell
OMCL
$1.49B
| $375K | 0.03% |
+6,129
| New | +$415K |
|
412
Mid-America Apartment Communities
MAA
$14.4B
| $373K | 0.03% |
3,894
| – | – |
|
413
T-Mobile US
TMUS
$194B
| $369K | 0.03% |
5,800
| – | – |
|
414
Broadcom
AVGO
$1.62T
| $366K | 0.03% |
+14,400
| New | +$340K |
|
415
Atkore
ATKR
$3.19B
| $363K | 0.03% |
18,294
-7,638
| -29% | -$160K |
|
|
CCMP
416
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $362K | 0.03% |
3,794
+2,445
| +181% | +$240K |
|
417
Occidental Petroleum
OXY
$63.5B
| $358K | 0.03% |
5,840
+5,752
| +6,536% | +$404K |
|
418
Extreme Networks
EXTR
$2.88B
| $351K | 0.03% |
57,500
| – | – |
|
419
Camden Property Trust
CPT
$11.9B
| $347K | 0.03% |
3,939
| – | – |
|
420
Interparfums
IPAR
$3.52B
| $346K | 0.03% |
5,278
+3,952
| +298% | +$237K |
|
421
J. Jill
JILL
$351M
| $346K | 0.03% |
15,472
+12,873
| +495% | +$295K |
|
|
CERN
422
DELISTED
Cerner Corp
CERN
| $342K | 0.03% |
6,521
-267,474
| -98% | -$15.5M |
|
423
Clean Harbors
CLH
$16.8B
| $341K | 0.03% |
6,900
| – | – |
|
424
HealthStream
HSTM
$907M
| $340K | 0.03% |
14,072
-6,372
| -31% | -$165K |
|
425
Emergent Biosolutions
EBS
$326M
| $338K | 0.03% |
5,695
-3,284
| -37% | -$212K |
|
Similar funds
ICMH
BC
SCM
CFG
AG
YEPV
WIA
LSM
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 17% 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.