We are live on !
Find out more
First Quadrant Portfolio holdings
AUM
$18M
Turnover
89.22%
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
+144.39%
10 Year Est. Return
–
AUM
$871M
AUM Growth
-$69.5M
(-7.4%)
Cap. Flow
-$137M
Cap. Flow % of AUM
Cap. Flow %
-15.72%
Top 10 Holdings %
Top 10 Hldgs %
40.19%
Holding
614
New
49
Increased
59
Reduced
166
Closed
105
Avg Time Held
3.4
years
Top 10 Avg Time Held
2.7
years
Top 20 Avg Time Held
2.3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
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 | Miscellaneous | 24.91% |
| 2 | Technology | 19.52% |
| 3 | Consumer Discretionary | 11.65% |
| 4 | Healthcare | 10.73% |
| 5 | Financials | 8.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
iShares Core S&P Total US Stock Market ETF
ITOT
$95.4B
| $63.3M | 7.27% |
641,157
-27,981
| -4% | -$2.69M |
2020 Q3
3 quarters
|
|
2
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $63.2M | 7.25% |
283,523
-12,900
| -4% | -$2.8M |
2020 Q3
3 quarters
|
|
3
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.9B
| $63M | 7.24% |
1,189,598
-51,930
| -4% | -$2.69M |
2020 Q3
3 quarters
|
|
|
4
Microsoft
MSFT
$3.88T
| $39.5M | 4.54% |
145,926
-14,206
| -9% | -$3.61M |
2013 Q2
32 quarters
|
|
|
5
Apple
AAPL
$5.03T
| $37.6M | 4.31% |
274,305
-29,949
| -10% | -$3.88M |
2013 Q2
32 quarters
|
|
6
Amazon
AMZN
$2.6T
| $19.9M | 2.28% |
115,440
-15,980
| -12% | -$2.66M |
2013 Q2
32 quarters
|
|
7
Meta Platforms (Facebook)
META
$1.6T
| $19.7M | 2.26% |
56,517
-5,715
| -9% | -$1.83M |
2013 Q3
31 quarters
|
|
8
Alphabet (Google) Class C
GOOG
$3.42T
| $16.6M | 1.9% |
132,280
-14,220
| -10% | -$1.69M |
2013 Q2
32 quarters
|
|
9
Alphabet (Google) Class A
GOOGL
$3.44T
| $15.4M | 1.76% |
125,740
-14,100
| -10% | -$1.65M |
2015 Q4
22 quarters
|
|
|
10
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $11.9M | 1.37% |
135,097
-568,982
| -81% | -$49.7M |
2019 Q4
6 quarters
|
|
|
11
Visa
V
$773B
| $11.4M | 1.31% |
48,889
-13,053
| -21% | -$2.98M |
2013 Q2
32 quarters
|
|
12
Eli Lilly
LLY
$1.26T
| $9.6M | 1.1% |
41,897
| – | – |
2016 Q1
21 quarters
|
|
|
13
UnitedHealth
UNH
$365B
| $9.1M | 1.05% |
22,737
-7,827
| -26% | -$3.12M |
2013 Q2
32 quarters
|
|
14
Tesla
TSLA
$1.58T
| $8.32M | 0.96% |
36,720
-4,122
| -10% | -$895K |
2020 Q1
5 quarters
|
|
15
Procter & Gamble
PG
$374B
| $6.61M | 0.76% |
48,964
-5,280
| -10% | -$714K |
2013 Q2
32 quarters
|
|
16
DELISTED
Discover Financial Services
DFS
| $6.54M | 0.75% |
55,279
| – | – |
2013 Q2
32 quarters
|
|
17
Oracle
ORCL
$396B
| $6.44M | 0.74% |
82,759
-2,316
| -3% | -$181K |
2013 Q2
32 quarters
|
|
18
VeriSign
VRSN
$27.6B
| $6.31M | 0.72% |
27,694
| – | – |
2013 Q2
32 quarters
|
|
19
Home Depot
HD
$328B
| $6.11M | 0.7% |
19,170
-1,153
| -6% | -$367K |
2013 Q2
32 quarters
|
|
20
Norfolk Southern
NSC
$77B
| $5.74M | 0.66% |
21,625
| – | – |
2013 Q2
32 quarters
|
|
21
Synopsys
SNPS
$89.6B
| $5.39M | 0.62% |
19,539
| – | – |
2013 Q2
32 quarters
|
|
22
Union Pacific
UNP
$181B
| $5.38M | 0.62% |
24,458
-369
| -1% | -$82.2K |
2013 Q2
32 quarters
|
|
23
Globe Life
GL
$12.2B
| $5.31M | 0.61% |
55,736
| – | – |
2013 Q2
32 quarters
|
|
24
Starbucks
SBUX
$118B
| $5.31M | 0.61% |
47,485
| – | – |
2013 Q2
32 quarters
|
|
25
Amgen
AMGN
$252B
| $4.99M | 0.57% |
20,475
-2,280
| -10% | -$561K |
2013 Q2
32 quarters
|
|
Similar funds
ICMH
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 Miscellaneous at 25% of assets, down from 28% a quarter earlier, followed by Technology and Consumer Discretionary.
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.