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 | 7.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Lockheed Martin
LMT
$136B
| $420M | 0.13% |
927,721
-202,075
| -18% | -$89.5M |
|
152
KKR & Co
KKR
$92.3B
| $420M | 0.13% |
5,071,768
-300,249
| -6% | -$20.3M |
|
153
US Bancorp
USB
$99.6B
| $420M | 0.13% |
9,696,258
-92,702
| -0.9% | -$3.39M |
|
154
Extra Space Storage
EXR
$31.6B
| $418M | 0.13% |
2,605,663
+202,911
| +8% | +$25.8M |
|
155
Public Service Enterprise Group
PEG
$37.7B
| $416M | 0.13% |
6,807,260
-241,985
| -3% | -$14.9M |
|
156
Bank of Montreal
BMO
$127B
| $416M | 0.13% |
4,182,750
-41,561
| -1% | -$3.47M |
|
157
Marathon Petroleum
MPC
$83.7B
| $414M | 0.13% |
2,793,051
-69,015
| -2% | -$10.2M |
|
158
VICI Properties
VICI
$29.4B
| $410M | 0.13% |
12,875,328
+284,419
| +2% | +$8.35M |
|
159
Phillips 66
PSX
$81.4B
| $410M | 0.13% |
3,078,369
-187,678
| -6% | -$22.4M |
|
160
FedEx
FDX
$75.4B
| $409M | 0.13% |
1,615,969
+46,523
| +3% | +$11.8M |
|
161
PNC Financial Services
PNC
$101B
| $409M | 0.13% |
2,639,128
-21,153
| -0.8% | -$2.74M |
|
162
Autodesk
ADSK
$52.6B
| $407M | 0.13% |
1,669,620
+37,488
| +2% | +$8.09M |
|
163
Cintas
CTAS
$81.3B
| $401M | 0.12% |
2,662,436
+33,208
| +1% | +$4.45M |
|
164
American Water Works
AWK
$26.9B
| $399M | 0.12% |
3,021,694
+47,164
| +2% | +$5.95M |
|
165
Aflac
AFL
$62.6B
| $394M | 0.12% |
4,772,575
-8,542
| -0.2% | -$688K |
|
166
Ecolab
ECL
$79.9B
| $389M | 0.12% |
1,958,784
+5,305
| +0.3% | +$954K |
|
167
Mercado Libre
MELI
$92.3B
| $389M | 0.12% |
247,215
+5,098
| +2% | +$7.23M |
|
168
Chipotle Mexican Grill
CMG
$41.5B
| $388M | 0.12% |
8,492,450
+62,050
| +0.7% | +$2.58M |
|
169
Eversource Energy
ES
$27.2B
| $386M | 0.12% |
6,248,230
-380,433
| -6% | -$21.9M |
|
170
TC Energy
TRP
$65.9B
| $384M | 0.12% |
9,791,232
+65,518
| +0.7% | +$2.39M |
|
171
Altria Group
MO
$114B
| $382M | 0.12% |
9,476,915
-320,357
| -3% | -$13.2M |
|
172
Dominion Energy
D
$59.3B
| $381M | 0.12% |
8,103,477
-413,752
| -5% | -$18.5M |
|
173
Roper Technologies
ROP
$39.8B
| $380M | 0.12% |
696,952
+21,252
| +3% | +$10.9M |
|
174
Travelers Companies
TRV
$80.2B
| $380M | 0.12% |
1,993,754
+36,690
| +2% | +$6.35M |
|
175
American Electric Power
AEP
$68.4B
| $379M | 0.12% |
4,668,866
-147,547
| -3% | -$11.5M |
|
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.