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 | |
|---|---|---|---|---|---|---|
|
1
Amazon
AMZN
$3.01T
| $33.6M | 9.01% |
213,680
+20,000
| +10% | +$3.15M |
|
2
Apple
AAPL
$4.47T
| $29.6M | 7.94% |
256,000
| – | – |
|
|
3
NVIDIA
NVDA
$5.32T
| $26.1M | 6.98% |
1,925,720
-200,000
| -9% | -$2.33M |
|
4
Microsoft
MSFT
$3.79T
| $18.5M | 4.97% |
88,168
| – | – |
|
5
Bank of America
BAC
$446B
| $13.4M | 3.58% |
554,582
| – | – |
|
6
Walt Disney
DIS
$178B
| $12.4M | 3.33% |
100,020
| – | – |
|
|
7
Tesla
TSLA
$1.31T
| $11.8M | 3.16% |
82,500
+7,500
| +10% | +$886K |
|
8
Mastercard
MA
$494B
| $11.5M | 3.08% |
34,000
| – | – |
|
9
Advanced Micro Devices
AMD
$778B
| $8.58M | 2.3% |
104,604
| – | – |
|
10
Alphabet (Google) Class C
GOOG
$4.32T
| $8.46M | 2.27% |
115,140
| – | – |
|
|
11
Alphabet (Google) Class A
GOOGL
$4.34T
| $6.96M | 1.87% |
95,000
| – | – |
|
12
UnitedHealth
UNH
$372B
| $6.86M | 1.84% |
22,000
| – | – |
|
13
Visa
V
$674B
| $5.96M | 1.6% |
29,800
| – | – |
|
14
Amgen
AMGN
$223B
| $5.76M | 1.54% |
22,671
| – | – |
|
15
JPMorgan Chase
JPM
$952B
| $5.66M | 1.52% |
58,800
| – | – |
|
16
Berkshire Hathaway Class B
BRK.B
$1.15T
| $5.64M | 1.51% |
26,500
| – | – |
|
17
Walmart Inc
WMT
$889B
| $5.09M | 1.36% |
109,200
| – | – |
|
18
Costco
COST
$419B
| $5.04M | 1.35% |
14,200
| – | – |
|
19
Pfizer
PFE
$154B
| $4.58M | 1.23% |
131,464
| – | – |
|
20
Union Pacific
UNP
$174B
| $4.53M | 1.21% |
23,000
| – | – |
|
21
Johnson & Johnson
JNJ
$626B
| $4.3M | 1.15% |
28,900
| – | – |
|
22
Intel
INTC
$495B
| $4.28M | 1.15% |
82,628
| – | – |
|
23
Oracle
ORCL
$432B
| $4.12M | 1.1% |
69,000
| – | – |
|
24
Comcast
CMCSA
$88.6B
| $4.07M | 1.09% |
88,000
| – | – |
|
|
25
Salesforce
CRM
$161B
| $3.77M | 1.01% |
15,000
-15,000
| -50% | -$3.28M |
|
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.