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 | |
|---|---|---|---|---|---|---|
476
Bristow Group
VTOL
$1.25B
| $267K | 0.02% |
15,300
| – | – |
|
477
Costco
COST
$400B
| $266K | 0.02% |
1,306
| – | – |
|
478
Melco Resorts & Entertainment
MLCO
$1.76B
| $264K | 0.02% |
14,970
+13,400
| +854% | +$239K |
|
479
Synchrony
SYF
$24.7B
| $264K | 0.02% |
11,245
-163,141
| -94% | -$4.41M |
|
480
Halliburton
HAL
$29.7B
| $263K | 0.02% |
9,900
| – | – |
|
481
Advanced Micro Devices
AMD
$823B
| $261K | 0.02% |
14,164
| – | – |
|
482
Ameriprise Financial
AMP
$49.4B
| $261K | 0.02% |
2,500
| – | – |
|
483
AngioDynamics
ANGO
$648M
| $261K | 0.02% |
12,950
+7,633
| +144% | +$158K |
|
484
NRC Health Common Stock
NRC
$486M
| $260K | 0.02% |
6,807
-620
| -8% | -$23.8K |
|
485
NXP Semiconductors
NXPI
$57.1B
| $260K | 0.02% |
3,545
+2,277
| +180% | +$180K |
|
486
Rush Enterprises Class B
RUSHB
$6.28B
| $260K | 0.02% |
24,624
+351
| +1% | +$3.81K |
|
|
FMBI
487
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $260K | 0.02% |
13,100
| – | – |
|
488
CorVel
CRVL
$3.62B
| $258K | 0.02% |
12,537
+2,643
| +27% | +$53.9K |
|
489
Innoviva
INVA
$1.51B
| $254K | 0.02% |
14,558
+3,546
| +32% | +$57.6K |
|
490
Covenant Logistics
CVLG
$915M
| $253K | 0.02% |
+26,388
| New | +$309K |
|
|
KBAL
491
DELISTED
Kimball International
KBAL
| $250K | 0.02% |
17,598
+12,049
| +217% | +$189K |
|
492
ICF International
ICFI
$1.59B
| $249K | 0.02% |
3,846
| – | – |
|
|
WIFI
493
DELISTED
Boingo Wireless, Inc.
WIFI
| $249K | 0.02% |
12,095
| – | – |
|
494
John B. Sanfilippo & Son
JBSS
$799M
| $248K | 0.02% |
4,458
| – | – |
|
495
Insperity
NSP
$1.97B
| $246K | 0.02% |
+2,632
| New | +$274K |
|
496
Post Holdings
POST
$3.5B
| $245K | 0.02% |
4,202
| – | – |
|
|
SWN
497
DELISTED
Southwestern Energy Company
SWN
| $245K | 0.02% |
71,740
-1,164,743
| -94% | -$5.73M |
|
|
TWO
498
DELISTED
Two Harbors Investment
TWO
| $243K | 0.02% |
+4,724
| New | +$269K |
|
499
ACI Worldwide
ACIW
$5.18B
| $239K | 0.02% |
+8,643
| New | +$234K |
|
500
Goldgroup Mining
GORO
$477M
| $236K | 0.02% |
14,760
| – | – |
|
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.