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 |
Canadian Pacific Kansas City
CP
|
+$511M |
| 2 |
Ferrari
RACE
|
+$308M |
| 3 |
Thomson Reuters
TRI
|
+$146M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$127M |
| 5 |
Kenvue
KVUE
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$758M |
| 2 |
Apple
AAPL
|
+$685M |
| 3 |
Amazon
AMZN
|
+$375M |
| 4 |
NVIDIA
NVDA
|
+$320M |
| 5 |
Johnson & Johnson
JNJ
|
+$280M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.17% |
| 2 | Healthcare | 13.3% |
| 3 | Financials | 12.04% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Target
TGT
$67.8B
| $373M | 0.13% |
3,373,150
-151,822
| -4% | -$19.3M |
|
152
Moody's
MCO
$83.7B
| $368M | 0.13% |
1,165,023
-46,902
| -4% | -$16M |
|
153
American Water Works
AWK
$26.1B
| $368M | 0.13% |
2,974,530
+32,975
| +1% | +$4.62M |
|
154
Aflac
AFL
$64.5B
| $367M | 0.13% |
4,781,117
-153,476
| -3% | -$11.4M |
|
155
VICI Properties
VICI
$29.2B
| $366M | 0.13% |
12,590,909
-283,753
| -2% | -$8.8M |
|
156
American Electric Power
AEP
$69.9B
| $362M | 0.13% |
4,816,413
-127,582
| -3% | -$10.4M |
|
157
Pinduoduo
PDD
$128B
| $360M | 0.13% |
3,670,768
-170,486
| -4% | -$14.7M |
|
158
Bank of Montreal
BMO
$126B
| $358M | 0.12% |
4,224,311
+237,521
| +6% | +$20.9M |
|
159
Trane Technologies
TT
$101B
| $357M | 0.12% |
1,758,718
-58,022
| -3% | -$11.6M |
|
160
Edison International
EIX
$27.5B
| $354M | 0.12% |
5,590,765
+108,138
| +2% | +$7.53M |
|
161
Airbnb
ABNB
$89.4B
| $352M | 0.12% |
2,568,807
+121,651
| +5% | +$16.8M |
|
162
Cummins
CMI
$89.5B
| $349M | 0.12% |
1,528,727
-27,659
| -2% | -$6.68M |
|
163
Williams Companies
WMB
$86.1B
| $346M | 0.12% |
10,257,318
-616,755
| -6% | -$21M |
|
164
Valero Energy
VLO
$88.5B
| $345M | 0.12% |
2,435,742
-161,759
| -6% | -$21.2M |
|
165
O'Reilly Automotive
ORLY
$73.3B
| $344M | 0.12% |
5,684,580
-381,000
| -6% | -$23.9M |
|
166
Biogen
BIIB
$29.8B
| $344M | 0.12% |
1,339,078
-30,443
| -2% | -$8.14M |
|
167
Air Products & Chemicals
APD
$65.2B
| $344M | 0.12% |
1,214,090
-61,870
| -5% | -$18.1M |
|
168
NXP Semiconductors
NXPI
$56.5B
| $343M | 0.12% |
1,715,109
-78,186
| -4% | -$16.2M |
|
169
Apollo Global Management
APO
$74.6B
| $341M | 0.12% |
3,800,041
-228,068
| -6% | -$19.2M |
|
170
Shopify
SHOP
$152B
| $340M | 0.12% |
6,196,285
+377,901
| +6% | +$22.9M |
|
171
Autodesk
ADSK
$49.6B
| $338M | 0.12% |
1,632,132
-78,732
| -5% | -$16.5M |
|
172
Motorola Solutions
MSI
$72.6B
| $337M | 0.12% |
1,239,247
-54,643
| -4% | -$15.6M |
|
173
Northrop Grumman
NOC
$77.9B
| $336M | 0.12% |
763,483
-42,518
| -5% | -$18.7M |
|
174
TC Energy
TRP
$68.6B
| $336M | 0.12% |
9,725,714
+328,795
| +3% | +$12.1M |
|
175
HCA Healthcare
HCA
$88B
| $334M | 0.12% |
1,358,924
-67,403
| -5% | -$18.4M |
|
Similar funds
Legal & General Group's Q3 2023 Portfolio in Review
As of Q3 2023, Legal & General Group held 3,456 positions worth $287B, down 6.8% from $307B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Legal & General Group withdrew a net $9.39B in Q3 2023, closing 45 positions and reducing 1,895 holdings. Its most notable exit was Life Storage, Inc., an estimated $90.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 29% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Legal & General Group opened a new position in Canadian Pacific Kansas City worth $481M.
- Legal & General Group's largest Q3 2023 buy was Canadian Pacific Kansas City: 6,445,694 shares worth $481M.
- Legal & General Group added most to Ferrari in Q3 2023, an estimated $308M increase.
- Legal & General Group's biggest Q3 2023 reduction was Microsoft, cutting an estimated $758M.
- Legal & General Group fully exited Life Storage, Inc. in Q3 2023, selling an estimated $90.2M.
- Legal & General Group's ten largest holdings make up 26% of its $287B portfolio in Q3 2023.
- Legal & General Group opened 51 new positions and closed 45 in Q3 2023.
- Legal & General Group's portfolio value fell 6.8% quarter-over-quarter to $287B.
Based on Legal & General Group's 13F filing for Q3 2023, filed 14 Nov 2023.