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
+3.45%
1 Year Est. Return
+24.2%
3 Year Est. Return
+90.61%
5 Year Est. Return
+144.35%
10 Year Est. Return
–
AUM
$1.06B
AUM Growth
-$377M
(-26%)
Cap. Flow
-$409M
Cap. Flow
% of AUM
-38.51%
Top 10 Holdings %
Top 10 Hldgs %
27.28%
Holding
733
New
39
Increased
98
Reduced
269
Closed
154
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sunstone Hotel Investors
SHO
|
+$7.98M |
| 2 |
Idacorp
IDA
|
+$7.48M |
| 3 |
First Industrial Realty Trust
FR
|
+$6.91M |
| 4 |
Essent Group
ESNT
|
+$6.26M |
| 5 |
eBay
EBAY
|
+$6.05M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Real Estate ETF
VNQ
|
+$32.9M |
| 2 |
Mastercard
MA
|
+$16.9M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$11.9M |
| 4 |
Microsoft
MSFT
|
+$11.2M |
| 5 |
JPMorgan Chase
JPM
|
+$10.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.95% |
| 2 | Technology | 14.15% |
| 3 | Consumer Discretionary | 10.75% |
| 4 | Healthcare | 10.26% |
| 5 | Industrials | 8.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
NVR
NVR
$17.1B
| $3.55M | 0.33% |
955
-166
| -15% | -$584K |
|
77
Cisco
CSCO
$443B
| $3.54M | 0.33% |
71,684
+19,682
| +38% | +$1.02M |
|
|
TMX
78
DELISTED
Terminix Global Holdings, Inc.
TMX
| $3.43M | 0.32% |
61,318
+17,423
| +40% | +$960K |
|
79
LKQ Corp
LKQ
$6.72B
| $3.42M | 0.32% |
108,908
+90,308
| +486% | +$2.47M |
|
80
VF Corp
VFC
$5.92B
| $3.33M | 0.31% |
37,376
+33,402
| +841% | +$2.85M |
|
81
Waters Corp
WAT
$37.3B
| $3.29M | 0.31% |
14,755
+10,223
| +226% | +$2.21M |
|
82
TJX Companies
TJX
$179B
| $3.18M | 0.3% |
57,122
-41,581
| -42% | -$2.27M |
|
83
ConocoPhillips
COP
$144B
| $3.18M | 0.3% |
55,837
+8,819
| +19% | +$502K |
|
84
W.R. Berkley
WRB
$28.1B
| $3.18M | 0.3% |
98,975
-141,179
| -59% | -$4.41M |
|
85
Home Depot
HD
$337B
| $3.13M | 0.29% |
13,502
-16,784
| -55% | -$3.67M |
|
86
Morningstar
MORN
$7.55B
| $3.08M | 0.29% |
21,086
+9,747
| +86% | +$1.5M |
|
|
BERY
87
DELISTED
Berry Global Group, Inc.
BERY
| $3.07M | 0.29% |
85,059
+4,974
| +6% | +$203K |
|
88
Intuit
INTU
$91.1B
| $3.04M | 0.29% |
11,423
-3,228
| -22% | -$888K |
|
89
Graco
GGG
$13.2B
| $3.03M | 0.29% |
65,763
+27,380
| +71% | +$1.29M |
|
90
Vertex Pharmaceuticals
VRTX
$123B
| $3.02M | 0.28% |
17,819
-845
| -5% | -$149K |
|
91
RE/MAX Holdings
RMAX
$198M
| $3M | 0.28% |
93,269
+70,689
| +313% | +$2M |
|
92
Merck
MRK
$322B
| $2.98M | 0.28% |
37,110
-4,349
| -10% | -$349K |
|
93
Texas Instruments
TXN
$248B
| $2.95M | 0.28% |
22,792
-6,404
| -22% | -$789K |
|
94
Comcast
CMCSA
$87.3B
| $2.89M | 0.27% |
64,049
-181,974
| -74% | -$8.06M |
|
95
Atkore
ATKR
$2.41B
| $2.88M | 0.27% |
94,837
+75,254
| +384% | +$2.12M |
|
|
CELG
96
DELISTED
Celgene Corp
CELG
| $2.81M | 0.26% |
28,324
-12,769
| -31% | -$1.21M |
|
97
Copart
CPRT
$28.5B
| $2.78M | 0.26% |
138,592
-66,176
| -32% | -$1.28M |
|
|
NGHC
98
DELISTED
National General Holdings Corp
NGHC
| $2.78M | 0.26% |
120,700
+61,804
| +105% | +$1.45M |
|
99
AES
AES
$10.6B
| $2.75M | 0.26% |
168,016
+16,559
| +11% | +$267K |
|
100
F5
FFIV
$22B
| $2.69M | 0.25% |
19,194
-3,101
| -14% | -$429K |
|
Similar funds
BC
SCM
CFG
AG
YEPV
WIA
LSM
FFIM
First Quadrant's Q3 2019 Portfolio in Review
As of Q3 2019, First Quadrant held 733 positions worth $1.06B, down 26% from $1.44B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
First Quadrant withdrew a net $409M in Q3 2019, closing 154 positions and reducing 269 holdings. Its most notable exit was Thermo Fisher Scientific, an estimated $11.9M position sold in full.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 16% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, First Quadrant opened a new position in Avient worth $5.75M.
- First Quadrant's largest Q3 2019 buy was Avient: 176,119 shares worth $5.75M.
- First Quadrant added most to Sunstone Hotel Investors in Q3 2019, an estimated $7.98M increase.
- First Quadrant's biggest Q3 2019 reduction was Vanguard Real Estate ETF, cutting an estimated $32.9M.
- First Quadrant fully exited Thermo Fisher Scientific in Q3 2019, selling an estimated $11.9M.
- First Quadrant's ten largest holdings make up 27% of its $1.06B portfolio in Q3 2019.
- First Quadrant opened 39 new positions and closed 154 in Q3 2019.
- First Quadrant's portfolio value fell 26% quarter-over-quarter to $1.06B.
Based on First Quadrant's 13F filing for Q3 2019, filed 25 Oct 2019.