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 | |
|---|---|---|---|---|---|---|
51
Deere & Co
DE
$167B
| $2.39M | 0.56% |
5,900
| – | – |
|
52
Bristol-Myers Squibb
BMY
$130B
| $2.3M | 0.54% |
35,899
| – | – |
|
53
AT&T
T
$166B
| $2.29M | 0.54% |
143,689
| – | – |
|
54
Coca-Cola
KO
$373B
| $2.23M | 0.52% |
37,000
| – | – |
|
55
TJX Companies
TJX
$169B
| $2.21M | 0.52% |
26,000
| – | – |
|
56
Automatic Data Processing
ADP
$107B
| $2.2M | 0.52% |
10,000
| – | – |
|
57
Abbott
ABT
$192B
| $2.12M | 0.5% |
19,400
| – | – |
|
58
United Parcel Service
UPS
$88.4B
| $2.12M | 0.5% |
11,800
| – | – |
|
59
Starbucks
SBUX
$124B
| $2.08M | 0.49% |
21,000
| – | – |
|
60
Occidental Petroleum
OXY
$58.5B
| $2.07M | 0.49% |
35,179
| – | – |
|
61
First Horizon
FHN
$12.3B
| $2.03M | 0.48% |
180,082
| – | – |
|
62
Caterpillar
CAT
$393B
| $1.92M | 0.45% |
7,800
| – | – |
|
63
American Express
AXP
$232B
| $1.92M | 0.45% |
11,000
| – | – |
|
64
Pitney Bowes
PBI
$2.28B
| $1.81M | 0.42% |
511,059
| – | – |
|
65
Transocean
RIG
$6.37B
| $1.75M | 0.41% |
250,000
| – | – |
|
|
66
Franklin Resources
BEN
$17.1B
| $1.75M | 0.41% |
65,480
+25,000
| +62% | +$646K |
|
|
WBA
67
DELISTED
Walgreens Boots Alliance
WBA
| $1.71M | 0.4% |
60,000
| – | – |
|
68
ConocoPhillips
COP
$153B
| $1.66M | 0.39% |
16,000
| – | – |
|
69
Nike
NKE
$60.1B
| $1.66M | 0.39% |
15,000
| – | – |
|
70
Philip Morris
PM
$290B
| $1.63M | 0.38% |
16,700
| – | – |
|
71
IBM
IBM
$222B
| $1.59M | 0.37% |
11,900
| – | – |
|
72
GE HealthCare
GEHC
$32.6B
| $1.54M | 0.36% |
19,012
| – | – |
|
73
Allstate
ALL
$64.7B
| $1.5M | 0.35% |
13,800
| – | – |
|
74
Public Storage
PSA
$60.4B
| $1.46M | 0.34% |
5,000
| – | – |
|
75
Texas Instruments
TXN
$253B
| $1.44M | 0.34% |
8,000
| – | – |
|
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.