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 |
Prologis
PLD
|
+$226M |
| 2 |
TSMC
TSM
|
+$61M |
| 3 |
Exelon
EXC
|
+$38.5M |
| 4 |
Ovintiv
OVV
|
+$38.1M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$35.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$880M |
| 2 |
Microsoft
MSFT
|
+$818M |
| 3 |
Brookfield
BN
|
+$290M |
| 4 |
Amazon
AMZN
|
+$273M |
| 5 |
DRE
Duke Realty Corp.
DRE
|
+$232M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.3% |
| 2 | Healthcare | 15.26% |
| 3 | Financials | 13.4% |
| 4 | Consumer Discretionary | 8.81% |
| 5 | Industrials | 8.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PXD
151
DELISTED
Pioneer Natural Resource Co.
PXD
| $380M | 0.15% |
1,664,571
-95,245
| -5% | -$23.2M |
|
152
Travelers Companies
TRV
$78B
| $380M | 0.15% |
2,026,650
-130,184
| -6% | -$23.4M |
|
153
Cummins
CMI
$89.5B
| $379M | 0.15% |
1,562,804
-61,539
| -4% | -$14.6M |
|
|
FISV
154
Fiserv Inc
FISV
$29B
| $375M | 0.14% |
3,713,590
-66,626
| -2% | -$6.64M |
|
155
TC Energy
TRP
$68.6B
| $375M | 0.14% |
9,420,935
+257,651
| +3% | +$11.2M |
|
156
Archer Daniels Midland
ADM
$37.6B
| $375M | 0.14% |
4,041,556
-277,159
| -6% | -$25.6M |
|
|
ATVI
157
DELISTED
Activision Blizzard
ATVI
| $375M | 0.14% |
4,892,225
-298,867
| -6% | -$22.2M |
|
158
Kimberly-Clark
KMB
$35.7B
| $374M | 0.14% |
2,758,374
-164,217
| -6% | -$20.9M |
|
159
Air Products & Chemicals
APD
$65.2B
| $369M | 0.14% |
1,197,738
-93,476
| -7% | -$26.3M |
|
160
SBA Communications
SBAC
$19B
| $369M | 0.14% |
1,316,280
+31,446
| +2% | +$8.75M |
|
161
CME Group
CME
$95.7B
| $367M | 0.14% |
2,182,443
-187,869
| -8% | -$32.6M |
|
162
Williams Companies
WMB
$86.1B
| $367M | 0.14% |
11,144,952
-181,869
| -2% | -$5.92M |
|
163
Marathon Petroleum
MPC
$89.6B
| $366M | 0.14% |
3,146,289
-496,094
| -14% | -$56.5M |
|
164
Phillips 66
PSX
$82.7B
| $366M | 0.14% |
3,512,615
-266,490
| -7% | -$27.3M |
|
165
KLA
KLAC
$239B
| $365M | 0.14% |
9,682,250
-909,820
| -9% | -$31.7M |
|
166
O'Reilly Automotive
ORLY
$73.3B
| $360M | 0.14% |
6,394,815
-346,695
| -5% | -$18.6M |
|
167
Aflac
AFL
$64.5B
| $359M | 0.14% |
4,996,589
-277,175
| -5% | -$18.6M |
|
168
Intercontinental Exchange
ICE
$85.2B
| $358M | 0.14% |
3,487,276
-229,875
| -6% | -$22.9M |
|
169
Cadence Design Systems
CDNS
$92.6B
| $355M | 0.14% |
2,211,516
-120,603
| -5% | -$19.3M |
|
170
Dollar General
DG
$28.2B
| $355M | 0.14% |
1,441,905
-173,466
| -11% | -$42.9M |
|
171
Valero Energy
VLO
$88.5B
| $354M | 0.14% |
2,787,105
-329,054
| -11% | -$41.3M |
|
172
Truist Financial
TFC
$63.4B
| $352M | 0.14% |
8,190,190
-547,191
| -6% | -$24M |
|
173
Digital Realty Trust
DLR
$70.8B
| $350M | 0.13% |
3,494,771
+104,389
| +3% | +$10.7M |
|
174
Moody's
MCO
$83.7B
| $350M | 0.13% |
1,254,490
-68,528
| -5% | -$18.7M |
|
175
Bank of Montreal
BMO
$126B
| $338M | 0.13% |
3,737,577
-270,980
| -7% | -$25.1M |
|
Similar funds
Legal & General Group's Q4 2022 Portfolio in Review
As of Q4 2022, Legal & General Group held 3,488 positions worth $261B, up 1.8% from $256B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Legal & General Group withdrew a net $13B in Q4 2022, closing 73 positions and reducing 1,183 holdings. Its most notable exit was Duke Realty Corp., an estimated $232M position sold in full.
By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 24% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Legal & General Group opened a new position in U-Haul Holding Co Series N worth $16.8M.
- Legal & General Group's largest Q4 2022 buy was U-Haul Holding Co Series N: 306,440 shares worth $16.8M.
- Legal & General Group added most to Prologis in Q4 2022, an estimated $226M increase.
- Legal & General Group's biggest Q4 2022 reduction was Apple, cutting an estimated $880M.
- Legal & General Group fully exited Duke Realty Corp. in Q4 2022, selling an estimated $232M.
- Legal & General Group's ten largest holdings make up 20% of its $261B portfolio in Q4 2022.
- Legal & General Group opened 35 new positions and closed 73 in Q4 2022.
- Legal & General Group's portfolio value rose 1.8% quarter-over-quarter to $261B.
Based on Legal & General Group's 13F filing for Q4 2022, filed 14 Feb 2023.