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
-16.72%
1 Year Est. Return
+32.77%
3 Year Est. Return
+180.45%
5 Year Est. Return
+217.25%
10 Year Est. Return
–
AUM
$265M
AUM Growth
-$49.4M
(-16%)
Cap. Flow
+$8.39M
Cap. Flow
% of AUM
3.17%
Top 10 Holdings %
Top 10 Hldgs %
37.14%
Holding
121
New
4
Increased
9
Reduced
5
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$4.81M |
| 2 |
Amazon
AMZN
|
+$4.46M |
| 3 |
Pitney Bowes
PBI
|
+$2.12M |
| 4 |
X
US Steel
X
|
+$1.88M |
| 5 |
Micron Technology
MU
|
+$1.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cisco
CSCO
|
+$5.03M |
| 2 |
Apple
AAPL
|
+$1.94M |
| 3 |
Under Armour
UAA
|
+$1.06M |
| 4 |
Ciena
CIEN
|
+$953K |
| 5 |
MRO
Marathon Oil Corporation
MRO
|
+$893K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.29% |
| 2 | Technology | 15.14% |
| 3 | Healthcare | 12.7% |
| 4 | Communication Services | 11.2% |
| 5 | Consumer Discretionary | 10.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Dell
DELL
$313B
| $339K | 0.13% |
13,704
+3
| +0% | +$82 |
|
102
Globe Life
GL
$13.8B
| $335K | 0.13% |
4,500
| – | – |
|
103
NOV
NOV
$7.45B
| $308K | 0.12% |
12,000
| – | – |
|
104
Loews
L
$23.1B
| $305K | 0.12% |
6,700
| – | – |
|
105
Progressive
PGR
$121B
| $302K | 0.11% |
5,000
| – | – |
|
106
ITT
ITT
$19.4B
| $241K | 0.09% |
5,000
| – | – |
|
107
Merck
MRK
$328B
| $222K | 0.08% |
3,039
| – | – |
|
108
W.R. Berkley
WRB
$25.9B
| $222K | 0.08% |
10,125
| – | – |
|
109
Halliburton
HAL
$27.7B
| $213K | 0.08% |
8,000
| – | – |
|
110
OGE Energy
OGE
$9.69B
| $157K | 0.06% |
4,000
| – | – |
|
111
Mercury Insurance
MCY
$5.84B
| $155K | 0.06% |
3,000
| – | – |
|
112
Nucor
NUE
$61.9B
| $155K | 0.06% |
3,000
| – | – |
|
113
CVS Health
CVS
$121B
| $110K | 0.04% |
+1,675
| New | +$125K |
|
114
Resideo Technologies
REZI
$3.89B
| $48K | 0.02% |
+2,350
| New | +$50.2K |
|
|
AIG.WS
115
DELISTED
American International Group, Inc.
AIG.WS
| $46K | 0.02% |
8,516
| – | – |
|
116
Brighthouse Financial
BHF
$3.44B
| $42K | 0.02% |
1,363
| – | – |
|
117
Garrett Motion
GTX
$5.47B
| $17K | 0.01% |
+1,410
| New | +$19.2K |
|
118
AdvanSix
ASIX
$427M
| $14K | 0.01% |
564
| – | – |
|
|
119
Ciena
CIEN
$61.2B
| – | – |
-30,512
| Closed | -$953K |
|
|
120
Under Armour
UAA
$2.26B
| – | – |
-50,000
| Closed | -$1.06M |
|
|
AET
121
DELISTED
Aetna Inc
AET
| – | – |
-2,000
| Closed | -$406K |
|
Similar funds
HFA
VFPW
CIP
LRWA
VW
DE
MG
OP
Gifford Fong Associates's Q4 2018 Portfolio in Review
As of Q4 2018, Gifford Fong Associates held 121 positions worth $265M, down 16% from $314M the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Gifford Fong Associates deployed $8.39M of net new capital in Q4 2018, opening 4 new positions and adding to 9 existing holdings. Its largest new stake was Advanced Micro Devices: 50,000 shares worth $923K.
By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Cisco, an estimated $5.03M trimmed.
- Gifford Fong Associates's largest Q4 2018 buy was Advanced Micro Devices: 50,000 shares worth $923K.
- Gifford Fong Associates added most to NVIDIA in Q4 2018, an estimated $4.81M increase.
- Gifford Fong Associates's biggest Q4 2018 reduction was Cisco, cutting an estimated $5.03M.
- Gifford Fong Associates fully exited Under Armour in Q4 2018, selling an estimated $1.06M.
- Gifford Fong Associates's ten largest holdings make up 37% of its $265M portfolio in Q4 2018.
- Gifford Fong Associates opened 4 new positions and closed 3 in Q4 2018.
- Gifford Fong Associates's portfolio value fell 16% quarter-over-quarter to $265M.
Based on Gifford Fong Associates's 13F filing for Q4 2018, filed 30 Jan 2019.