We are live on
!
Find out more
GFA
Gifford Fong Associates Portfolio holdings
AUM
$501M
1-Year Est. Return
32.77%
This Fund
S&P 500
This Quarter
Est. Return
+2.93%
1 Year Est. Return
+32.77%
3 Year Est. Return
+180.45%
5 Year Est. Return
+217.25%
10 Year Est. Return
–
AUM
$299M
AUM Growth
-$3.9M
(-1.3%)
Cap. Flow
-$9.48M
Cap. Flow
% of AUM
-3.17%
Top 10 Holdings %
Top 10 Hldgs %
36.94%
Holding
121
New
2
Increased
2
Reduced
5
Closed
–
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amgen
AMGN
|
+$2.45M |
| 2 |
Advanced Micro Devices
AMD
|
+$713K |
| 3 |
Dow Inc
DOW
|
+$519K |
| 4 |
Corteva
CTVA
|
+$264K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$4.87M |
| 2 |
Emerson Electric
EMR
|
+$3.35M |
| 3 |
JPMorgan Chase
JPM
|
+$2.76M |
| 4 |
Walt Disney
DIS
|
+$1.99M |
| 5 |
DuPont de Nemours
DD
|
+$455K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 25.18% |
| 2 | Technology | 15.31% |
| 3 | Healthcare | 12.25% |
| 4 | Consumer Discretionary | 12.09% |
| 5 | Communication Services | 11.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Union Pacific
UNP
$174B
| $3.89M | 1.3% |
23,000
| – | – |
|
27
Comcast
CMCSA
$91B
| $3.72M | 1.24% |
88,000
| – | – |
|
28
Micron Technology
MU
$981B
| $3.66M | 1.22% |
94,800
| – | – |
|
|
X
29
DELISTED
US Steel
X
| $3.64M | 1.22% |
237,700
| – | – |
|
30
GE Aerospace
GE
$382B
| $3.53M | 1.18% |
67,473
| – | – |
|
|
31
Emerson Electric
EMR
$91.7B
| $3.34M | 1.12% |
50,000
-50,000
| -50% | -$3.35M |
|
32
Ford
F
$55.7B
| $3.33M | 1.11% |
325,000
| – | – |
|
33
Pinnacle West Capital
PNW
$12.1B
| $2.82M | 0.94% |
30,000
| – | – |
|
34
Chevron
CVX
$386B
| $2.76M | 0.92% |
22,200
| – | – |
|
35
Bausch Health
BHC
$2.33B
| $2.52M | 0.84% |
100,000
| – | – |
|
36
Honeywell
HON
$72.9B
| $2.46M | 0.82% |
14,960
| – | – |
|
37
Baxter International
BAX
$14.3B
| $2.38M | 0.79% |
29,000
| – | – |
|
38
American International
AIG
$40.4B
| $2.35M | 0.79% |
44,100
| – | – |
|
39
Gilead Sciences
GILD
$168B
| $2.3M | 0.77% |
34,000
| – | – |
|
|
40
Advanced Micro Devices
AMD
$774B
| $2.28M | 0.76% |
75,000
+25,000
| +50% | +$713K |
|
41
ExxonMobil
XOM
$657B
| $2.26M | 0.76% |
29,539
| – | – |
|
42
Pitney Bowes
PBI
$2.27B
| $2.19M | 0.73% |
511,059
| – | – |
|
43
Coca-Cola
KO
$372B
| $1.88M | 0.63% |
37,000
| – | – |
|
44
Eli Lilly
LLY
$1.08T
| $1.78M | 0.6% |
16,100
| – | – |
|
45
Starbucks
SBUX
$122B
| $1.76M | 0.59% |
21,000
| – | – |
|
46
Verizon
VZ
$196B
| $1.75M | 0.59% |
30,663
| – | – |
|
47
PepsiCo
PEP
$189B
| $1.71M | 0.57% |
13,000
| – | – |
|
48
3M
MMM
$94.4B
| $1.69M | 0.57% |
11,661
| – | – |
|
49
Automatic Data Processing
ADP
$108B
| $1.65M | 0.55% |
10,000
| – | – |
|
50
IBM
IBM
$225B
| $1.64M | 0.55% |
12,447
| – | – |
|
Similar funds
HFA
VFPW
CIP
LRWA
VW
DE
MG
OP
Gifford Fong Associates's Q2 2019 Portfolio in Review
As of Q2 2019, Gifford Fong Associates held 121 positions worth $299M, down 1.3% from $303M the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Gifford Fong Associates withdrew a net $9.48M in Q2 2019, reducing 5 holdings. Its largest reduction was Apple, cutting an estimated $4.87M.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 24% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Gifford Fong Associates opened a new position in Dow Inc worth $485K.
- Gifford Fong Associates's largest Q2 2019 buy was Dow Inc: 9,828 shares worth $485K.
- Gifford Fong Associates added most to Amgen in Q2 2019, an estimated $2.45M increase.
- Gifford Fong Associates's biggest Q2 2019 reduction was Apple, cutting an estimated $4.87M.
- Gifford Fong Associates's ten largest holdings make up 37% of its $299M portfolio in Q2 2019.
- Gifford Fong Associates opened 2 new positions and closed 0 in Q2 2019.
- Gifford Fong Associates's portfolio value fell 1.3% quarter-over-quarter to $299M.
Based on Gifford Fong Associates's 13F filing for Q2 2019, filed 8 Aug 2019.