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
+15.73%
1 Year Est. Return
+32.77%
3 Year Est. Return
+180.45%
5 Year Est. Return
+217.25%
10 Year Est. Return
–
AUM
$373M
AUM Growth
+$43.1M
(+13%)
Cap. Flow
+$2.55M
Cap. Flow
% of AUM
0.68%
Top 10 Holdings %
Top 10 Hldgs %
46.62%
Holding
132
New
3
Increased
4
Reduced
3
Closed
–
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$3.15M |
| 2 |
First Horizon
FHN
|
+$2.35M |
| 3 |
Invesco
IVZ
|
+$1.96M |
| 4 |
AT&T
T
|
+$1.08M |
| 5 |
Tesla
TSLA
|
+$886K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$3.28M |
| 2 |
NVIDIA
NVDA
|
+$2.33M |
| 3 |
Qualcomm
QCOM
|
+$1.28M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.9% |
| 2 | Financials | 19.16% |
| 3 | Consumer Discretionary | 14.81% |
| 4 | Healthcare | 11.8% |
| 5 | Communication Services | 10.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Synchrony
SYF
$25.8B
| $3.46M | 0.93% |
132,073
| – | – |
|
27
Emerson Electric
EMR
$91.4B
| $3.28M | 0.88% |
50,000
| – | – |
|
28
Meta Platforms (Facebook)
META
$1.47T
| $3.27M | 0.88% |
12,500
| – | – |
|
29
Biogen
BIIB
$30.9B
| $3.26M | 0.87% |
11,500
| – | – |
|
30
Boeing
BA
$183B
| $3.09M | 0.83% |
18,710
| – | – |
|
|
31
First Horizon
FHN
$12.3B
| $2.83M | 0.76% |
300,000
+250,000
| +500% | +$2.35M |
|
32
Pitney Bowes
PBI
$2.28B
| $2.71M | 0.73% |
511,059
| – | – |
|
|
33
AT&T
T
$166B
| $2.67M | 0.72% |
124,044
+48,256
| +64% | +$1.08M |
|
34
Citigroup
C
$231B
| $2.65M | 0.71% |
61,471
| – | – |
|
35
Lowe's Companies
LOW
$121B
| $2.54M | 0.68% |
15,320
| – | – |
|
36
AbbVie
ABBV
$440B
| $2.44M | 0.65% |
27,900
| – | – |
|
37
Eli Lilly
LLY
$1.09T
| $2.38M | 0.64% |
16,100
| – | – |
|
38
Baxter International
BAX
$13.9B
| $2.33M | 0.62% |
29,000
| – | – |
|
39
Honeywell
HON
$74.6B
| $2.32M | 0.62% |
14,960
| – | – |
|
40
Pinnacle West Capital
PNW
$12.2B
| $2.24M | 0.6% |
30,000
| – | – |
|
41
Ford
F
$55.1B
| $2.17M | 0.58% |
325,000
| – | – |
|
42
Bristol-Myers Squibb
BMY
$130B
| $2.16M | 0.58% |
35,899
| – | – |
|
|
WBA
43
DELISTED
Walgreens Boots Alliance
WBA
| $2.15M | 0.58% |
60,000
| – | – |
|
44
Gilead Sciences
GILD
$168B
| $2.15M | 0.58% |
34,000
| – | – |
|
|
45
Invesco
IVZ
$13.9B
| $2.12M | 0.57% |
+185,393
| New | +$1.96M |
|
46
Abbott
ABT
$192B
| $2.11M | 0.57% |
19,400
| – | – |
|
47
Micron Technology
MU
$1.03T
| $2.1M | 0.56% |
44,800
| – | – |
|
48
GE Aerospace
GE
$379B
| $2.1M | 0.56% |
67,473
| – | – |
|
49
Wells Fargo
WFC
$269B
| $2.07M | 0.55% |
88,052
| – | – |
|
50
United Parcel Service
UPS
$88.4B
| $1.97M | 0.53% |
11,800
| – | – |
|
Similar funds
HFA
VFPW
CIP
LRWA
VW
DE
MG
OP
Gifford Fong Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Gifford Fong Associates held 132 positions worth $373M, up 13% from $330M the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Trading was light in Q3 2020: portfolio turnover was 2.3%. Gifford Fong Associates opened 3 new positions and made no exits, leaving the 132-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 28% a quarter earlier, followed by Financials and Consumer Discretionary.
- Gifford Fong Associates's largest Q3 2020 buy was Invesco: 185,393 shares worth $2.12M.
- Gifford Fong Associates added most to Amazon in Q3 2020, an estimated $3.15M increase.
- Gifford Fong Associates's biggest Q3 2020 reduction was Salesforce, cutting an estimated $3.28M.
- Gifford Fong Associates's ten largest holdings make up 47% of its $373M portfolio in Q3 2020.
- Gifford Fong Associates opened 3 new positions and closed 0 in Q3 2020.
- Gifford Fong Associates's portfolio value rose 13% quarter-over-quarter to $373M.
Based on Gifford Fong Associates's 13F filing for Q3 2020, filed 12 Nov 2020.