Legal & General Group Portfolio holdings
Legal & General Group Plc, founded in 1836 by six lawyers in London, is a British multinational financial services company headquartered in London, renowned for its leadership in insurance, pensions, and investment management. Managing trillions in assets, the firm operates through key divisions like Legal & General Investment Management (LGIM), one of the UK’s largest asset managers, focusing on index funds, active strategies, and sustainable investing for institutional clients like pension funds. It also provides life insurance, retirement products, and general insurance, serving millions of customers with a strong emphasis on long-term financial security and infrastructure investment, such as affordable housing. With a heritage of stability and a modern push toward ESG (environmental, social, governance) principles, Legal & General remains a cornerstone of the UK financial landscape with a growing global presence.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$594M |
| 2 |
Microsoft
MSFT
|
+$460M |
| 3 |
Broadcom
AVGO
|
+$406M |
| 4 |
Cisco
CSCO
|
+$241M |
| 5 |
Meta Platforms (Facebook)
META
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$450M |
| 2 |
VMW
VMware, Inc
VMW
|
+$293M |
| 3 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$189M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$165M |
| 5 |
Danaher
DHR
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.62% |
| 2 | Healthcare | 12.35% |
| 3 | Financials | 12.25% |
| 4 | Consumer Discretionary | 9.98% |
| 5 | Industrials | 7.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AXON
601
Axon Enterprise
AXON
$46.4B
| $58.5M | 0.02% |
226,544
-26,042
| -10% | -$5.87M |
|
602
Neurocrine Biosciences
NBIX
$16.6B
| $58.2M | 0.02% |
441,507
-6,641
| -1% | -$764K |
|
603
First Industrial Realty Trust
FR
$8.44B
| $58M | 0.02% |
1,101,651
+49,710
| +5% | +$2.32M |
|
604
Lennox International
LII
$15.2B
| $57.7M | 0.02% |
128,839
+2,924
| +2% | +$1.17M |
|
605
Fortune Brands Innovations
FBIN
$6.06B
| $57.6M | 0.02% |
756,352
+27,096
| +4% | +$1.78M |
|
606
Carlisle Companies
CSL
$15.4B
| $56.7M | 0.02% |
181,361
-8,848
| -5% | -$2.44M |
|
607
Graco
GGG
$13.5B
| $56.6M | 0.02% |
652,861
-80,076
| -11% | -$6.3M |
|
608
Eastman Chemical
EMN
$8.42B
| $56.6M | 0.02% |
630,491
-63,367
| -9% | -$5.05M |
|
609
Snap
SNAP
$9.01B
| $56.4M | 0.02% |
3,332,415
-315,983
| -9% | -$3.87M |
|
610
SEI Investments
SEIC
$12.6B
| $56.2M | 0.02% |
884,318
-68,046
| -7% | -$3.97M |
|
611
Terreno Realty
TRNO
$7.49B
| $56.1M | 0.02% |
895,506
+49,044
| +6% | +$2.79M |
|
|
WRK
612
DELISTED
WestRock Company
WRK
| $56.1M | 0.02% |
1,350,826
-34,996
| -3% | -$1.35M |
|
613
Rogers Communications
RCI
$18.6B
| $55.8M | 0.02% |
1,185,694
-15,666
| -1% | -$653K |
|
614
Alibaba
BABA
$308B
| $55.7M | 0.02% |
719,151
-1,254,707
| -64% | -$100M |
|
615
AES
AES
$10.5B
| $54.9M | 0.02% |
2,852,933
-138,546
| -5% | -$2.25M |
|
616
Delta Air Lines
DAL
$60.1B
| $54.4M | 0.02% |
1,351,422
-19,267
| -1% | -$699K |
|
617
Watsco Inc
WSO
$13.6B
| $54M | 0.02% |
125,999
-11,145
| -8% | -$4.32M |
|
618
Agree Realty
ADC
$9.41B
| $53.9M | 0.02% |
856,789
+77,741
| +10% | +$4.51M |
|
619
APA Corp
APA
$13.2B
| $53.9M | 0.02% |
1,502,623
-67,393
| -4% | -$2.54M |
|
620
Ally Financial
ALLY
$13.3B
| $53.5M | 0.02% |
1,531,141
-362,082
| -19% | -$10.1M |
|
621
Ares Management
ARES
$30.9B
| $53.3M | 0.02% |
448,168
+10,492
| +2% | +$1.14M |
|
622
Huntington Ingalls Industries
HII
$12.8B
| $53.2M | 0.02% |
205,087
-8,099
| -4% | -$1.89M |
|
623
Hormel Foods
HRL
$13.8B
| $53.1M | 0.02% |
1,653,452
-90,516
| -5% | -$2.96M |
|
624
Unity
U
$18.9B
| $53M | 0.02% |
1,295,924
-57,154
| -4% | -$1.76M |
|
625
A.O. Smith
AOS
$8.7B
| $52.9M | 0.02% |
641,752
-32,144
| -5% | -$2.37M |
|
Similar funds
Legal & General Group's Q4 2023 Portfolio in Review
As of Q4 2023, Legal & General Group held 3,426 positions worth $322B, up 12% from $287B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 1.8%. Legal & General Group opened 15 new positions and exited 47, leaving the 3,426-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 28% a quarter earlier, followed by Healthcare and Financials.
- Legal & General Group's largest Q4 2023 buy was WK Kellogg Co: 403,883 shares worth $5.31M.
- Legal & General Group added most to Apple in Q4 2023, an estimated $594M increase.
- Legal & General Group's biggest Q4 2023 reduction was Splunk Inc, cutting an estimated $165M.
- Legal & General Group fully exited Activision Blizzard in Q4 2023, selling an estimated $450M.
- Legal & General Group's ten largest holdings make up 26% of its $322B portfolio in Q4 2023.
- Legal & General Group opened 15 new positions and closed 47 in Q4 2023.
- Legal & General Group's portfolio value rose 12% quarter-over-quarter to $322B.
Based on Legal & General Group's 13F filing for Q4 2023, filed 15 Feb 2024.