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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
Cap. Flow
+$2.61M
Cap. Flow %
0.61%
Top 10 Hldgs %
40.81%
Holding
141
New
–
Increased
4
Reduced
–
Closed
–

Top Buys

Rank Stock Value
1
IVZ icon
Invesco
IVZ
+$724K
2
BAC icon
Bank of America
BAC
+$713K
3
BEN icon
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
EOG icon
101
EOG Resources
EOG
$75.1B
$687K 0.16%
6,000
– –
PGR icon
102
Progressive
PGR
$121B
$662K 0.16%
5,000
– –
QCOM icon
103
Qualcomm
QCOM
$171B
$595K 0.14%
5,000
– –
LUMN icon
104
Lumen
LUMN
$6.49B
$565K 0.13%
250,000
– –
CTVA icon
105
Corteva
CTVA
$50.4B
$563K 0.13%
9,828
– –
BB icon
106
BlackBerry
BB
$5.14B
$553K 0.13%
100,000
– –
DOW icon
107
Dow Inc
DOW
$22.1B
$523K 0.12%
9,828
– –
CIEN icon
108
Ciena
CIEN
$61.2B
$521K 0.12%
12,255
– –
CARR icon
109
Carrier Global
CARR
$52B
$497K 0.12%
10,000
– –
GL icon
110
Globe Life
GL
$13.8B
$493K 0.12%
4,500
– –
NUE icon
111
Nucor
NUE
$61.9B
$492K 0.12%
3,000
– –
DB icon
112
Deutsche Bank
DB
$72.4B
$474K 0.11%
45,000
– –
MFC icon
113
Manulife Financial
MFC
$72.6B
$473K 0.11%
25,000
– –
ITT icon
114
ITT
ITT
$19.4B
$466K 0.11%
5,000
– –
OTIS icon
115
Otis Worldwide
OTIS
$28.2B
$445K 0.1%
5,000
– –
VMW
116
DELISTED
VMware, Inc
VMW
$440K 0.1%
3,060
– –
WBD icon
117
Warner Bros
WBD
$69.3B
$436K 0.1%
34,760
– –
WRB icon
118
W.R. Berkley
WRB
$25.9B
$402K 0.09%
10,125
– –
L icon
119
Loews
L
$23.1B
$398K 0.09%
6,700
– –
USB icon
120
US Bancorp
USB
$101B
$396K 0.09%
12,000
– –
DELL icon
121
Dell
DELL
$313B
$376K 0.09%
6,946
– –
DD icon
122
DuPont de Nemours
DD
$19.5B
$333K 0.08%
3,716
– –
IFF icon
123
International Flavors & Fragrances
IFF
$21.4B
$295K 0.07%
3,707
– –
SWK icon
124
Stanley Black & Decker
SWK
$15.5B
$281K 0.07%
3,000
– –
KEY icon
125
KeyCorp
KEY
$24.5B
$277K 0.07%
30,000
– –
2 3 4
5
6

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CIP
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LRWA
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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.