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
+14.27%
1 Year Est. Return
+32.77%
3 Year Est. Return
+180.45%
5 Year Est. Return
+217.25%
10 Year Est. Return
–
AUM
$426M
AUM Growth
+$46.2M
(+12%)
Cap. Flow
+$2.61M
Cap. Flow
% of AUM
0.61%
Top 10 Holdings %
Top 10 Hldgs %
40.81%
Holding
141
New
–
Increased
4
Reduced
–
Closed
–
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco
IVZ
|
+$724K |
| 2 |
Bank of America
BAC
|
+$713K |
| 3 |
Franklin Resources
BEN
|
+$646K |
| 4 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$526K |
Top Sells
No sells this quarter
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.88% |
| 2 | Financials | 17.78% |
| 3 | Healthcare | 11.31% |
| 4 | Communication Services | 9.46% |
| 5 | Consumer Discretionary | 8.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Intel
INTC
$509B
| $4.27M | 1% |
127,628
| – | – |
|
|
MRO
27
DELISTED
Marathon Oil Corporation
MRO
| $4.25M | 1% |
184,728
| – | – |
|
28
Visa
V
$671B
| $4.13M | 0.97% |
17,375
| – | – |
|
29
Pfizer
PFE
$150B
| $4.09M | 0.96% |
111,527
| – | – |
|
30
Boeing
BA
$183B
| $3.95M | 0.93% |
18,710
| – | – |
|
|
31
Invesco
IVZ
$13.9B
| $3.87M | 0.91% |
230,393
+45,000
| +24% | +$724K |
|
32
AbbVie
ABBV
$440B
| $3.76M | 0.88% |
27,900
| – | – |
|
33
Wells Fargo
WFC
$269B
| $3.76M | 0.88% |
88,052
| – | – |
|
34
Comcast
CMCSA
$90.4B
| $3.66M | 0.86% |
88,000
| – | – |
|
35
Verizon
VZ
$195B
| $3.65M | 0.86% |
98,263
| – | – |
|
36
Tesla
TSLA
$1.29T
| $3.56M | 0.84% |
13,604
| – | – |
|
37
Chevron
CVX
$386B
| $3.49M | 0.82% |
22,200
| – | – |
|
38
Lowe's Companies
LOW
$121B
| $3.46M | 0.81% |
15,320
| – | – |
|
39
Walmart Inc
WMT
$923B
| $3.43M | 0.81% |
65,550
| – | – |
|
40
Biogen
BIIB
$30.9B
| $3.28M | 0.77% |
11,500
| – | – |
|
41
ExxonMobil
XOM
$657B
| $3.17M | 0.74% |
29,539
| – | – |
|
42
Amgen
AMGN
$225B
| $3.02M | 0.71% |
13,609
| – | – |
|
43
Honeywell
HON
$74.6B
| $2.93M | 0.69% |
14,960
| – | – |
|
44
Citigroup
C
$231B
| $2.83M | 0.66% |
61,471
| – | – |
|
45
Merck
MRK
$328B
| $2.64M | 0.62% |
22,900
| – | – |
|
46
Gilead Sciences
GILD
$168B
| $2.62M | 0.62% |
34,000
| – | – |
|
47
Goldman Sachs
GS
$302B
| $2.58M | 0.61% |
8,000
| – | – |
|
48
Morgan Stanley
MS
$342B
| $2.56M | 0.6% |
30,000
| – | – |
|
49
Pinnacle West Capital
PNW
$12.2B
| $2.44M | 0.57% |
30,000
| – | – |
|
50
PepsiCo
PEP
$189B
| $2.41M | 0.57% |
13,000
| – | – |
|
Similar funds
HFA
VFPW
CIP
LRWA
VW
DE
MG
OP
Gifford Fong Associates's Q2 2023 Portfolio in Review
As of Q2 2023, Gifford Fong Associates held 141 positions worth $426M, up 12% from $380M the previous quarter. Its ten largest holdings account for 41% of the portfolio.
Trading was light in Q2 2023: portfolio turnover was 0%. Gifford Fong Associates opened no new positions and made no exits, leaving the 141-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 34% of assets, up from 30% a quarter earlier, followed by Financials and Healthcare.
- Gifford Fong Associates added most to Invesco in Q2 2023, an estimated $724K increase.
- Gifford Fong Associates's ten largest holdings make up 41% of its $426M portfolio in Q2 2023.
- Gifford Fong Associates opened 0 new positions and closed 0 in Q2 2023.
- Gifford Fong Associates's portfolio value rose 12% quarter-over-quarter to $426M.
Based on Gifford Fong Associates's 13F filing for Q2 2023, filed 14 Aug 2023.