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 |
Ferguson
FERG
|
+$250M |
| 2 |
SentinelOne
S
|
+$103M |
| 3 |
BlackBerry
BB
|
+$102M |
| 4 |
Ziff Davis
ZD
|
+$96.9M |
| 5 |
Airbnb
ABNB
|
+$92M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$808M |
| 2 |
Microsoft
MSFT
|
+$683M |
| 3 |
Amazon
AMZN
|
+$533M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$246M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$186M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.29% |
| 2 | Healthcare | 14.37% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 10.12% |
| 5 | Industrials | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Consolidated Edison
ED
$39.4B
| $525M | 0.21% |
6,125,651
-328,806
| -5% | -$31.7M |
|
102
TJX Companies
TJX
$172B
| $517M | 0.2% |
8,325,069
-350,427
| -4% | -$22M |
|
103
Lockheed Martin
LMT
$134B
| $516M | 0.2% |
1,337,055
-32,007
| -2% | -$13.4M |
|
104
ServiceNow
NOW
$119B
| $515M | 0.2% |
6,823,430
-196,010
| -3% | -$17.7M |
|
105
Progressive
PGR
$121B
| $507M | 0.2% |
4,365,332
-358,999
| -8% | -$43.2M |
|
106
Colgate-Palmolive
CL
$72B
| $504M | 0.2% |
7,172,214
-537,492
| -7% | -$42.1M |
|
107
EOG Resources
EOG
$76B
| $490M | 0.19% |
4,389,346
-130,225
| -3% | -$14.6M |
|
108
Stryker
SYK
$128B
| $490M | 0.19% |
2,416,847
-68,010
| -3% | -$14.3M |
|
109
Canadian National Railway
CNI
$75.3B
| $489M | 0.19% |
4,500,525
-229,145
| -5% | -$27.3M |
|
110
Humana
HUM
$43.4B
| $487M | 0.19% |
1,004,622
-53,005
| -5% | -$25.8M |
|
111
Analog Devices
ADI
$183B
| $483M | 0.19% |
3,466,370
-165,259
| -5% | -$26.1M |
|
112
Becton Dickinson
BDX
$46.4B
| $476M | 0.19% |
2,135,771
-80,412
| -4% | -$20M |
|
113
3M
MMM
$91.5B
| $467M | 0.18% |
5,057,498
-393,706
| -7% | -$43.2M |
|
114
Blackstone
BX
$109B
| $467M | 0.18% |
5,580,956
-307,180
| -5% | -$29.7M |
|
115
Waste Management
WM
$88.9B
| $464M | 0.18% |
2,895,804
-185,112
| -6% | -$30.6M |
|
116
GE Aerospace
GE
$386B
| $463M | 0.18% |
12,006,513
-628,766
| -5% | -$27.6M |
|
117
Intuitive Surgical
ISRG
$130B
| $459M | 0.18% |
2,447,682
-72,618
| -3% | -$15.6M |
|
118
Realty Income
O
$58.3B
| $456M | 0.18% |
7,830,205
-193,378
| -2% | -$13.3M |
|
119
Norfolk Southern
NSC
$75.5B
| $446M | 0.17% |
2,125,109
-40,999
| -2% | -$9.86M |
|
120
PNC Financial Services
PNC
$101B
| $436M | 0.17% |
2,918,859
-181,455
| -6% | -$29.4M |
|
121
Eversource Energy
ES
$26.8B
| $434M | 0.17% |
5,562,344
+623,309
| +13% | +$54.9M |
|
122
Altria Group
MO
$113B
| $430M | 0.17% |
10,645,281
-798,327
| -7% | -$34.8M |
|
123
Canadian Pacific Kansas City
CP
$79.2B
| $427M | 0.17% |
6,367,413
-284,972
| -4% | -$21.5M |
|
124
Illinois Tool Works
ITW
$83.6B
| $427M | 0.17% |
2,362,453
-127,188
| -5% | -$25.1M |
|
125
Booking.com
BKNG
$149B
| $425M | 0.17% |
6,465,500
-383,775
| -6% | -$28.8M |
|
Similar funds
Legal & General Group's Q3 2022 Portfolio in Review
As of Q3 2022, Legal & General Group held 3,552 positions worth $256B, down 9.4% from $283B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Legal & General Group withdrew a net $11.9B in Q3 2022, closing 98 positions and reducing 1,866 holdings. Its most notable exit was American Campus Communities, Inc., an estimated $86.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 24% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Legal & General Group opened a new position in Ferguson worth $225M.
- Legal & General Group's largest Q3 2022 buy was Ferguson: 2,141,690 shares worth $225M.
- Legal & General Group added most to SentinelOne in Q3 2022, an estimated $103M increase.
- Legal & General Group's biggest Q3 2022 reduction was Apple, cutting an estimated $808M.
- Legal & General Group fully exited American Campus Communities, Inc. in Q3 2022, selling an estimated $86.8M.
- Legal & General Group's ten largest holdings make up 22% of its $256B portfolio in Q3 2022.
- Legal & General Group opened 40 new positions and closed 98 in Q3 2022.
- Legal & General Group's portfolio value fell 9.4% quarter-over-quarter to $256B.
Based on Legal & General Group's 13F filing for Q3 2022, filed 14 Nov 2022.