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Asset Manager ← All Institutions

Gifford Fong Associates

Q2 2025 · Filed 2025-08-13
Market Value
$434M
+8.1%
Holdings
126
New Purchases
0
Added To
1
Closed
3
Reduced
6
Top 10 Concentration
38.8%
Turnover
2.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NVDA 10.05% 8.12% +1.93% $44M
MSFT 3.93% 3.20% +0.72% $17M
META 3.82% 3.23% +0.60% $17M
ORCL 1.88% 1.30% +0.58% $8M
GEV 1.17% 0.73% +0.44% $5M
GE 2.27% 1.91% +0.36% $10M
AMD 1.58% 1.24% +0.34% $7M
AMZN 4.89% 4.58% +0.31% $21M
SYF 2.03% 1.74% +0.29% $9M
GS 1.30% 1.09% +0.22% $6M
JPM 2.36% 2.15% +0.20% $10M
SPOT 0.88% 0.68% +0.20% $4M
SHOP 1.86% 1.66% +0.20% $8M
DIS 1.04% 0.89% +0.15% $5M
MU 0.56% 0.43% +0.13% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GILD 0.23% 0.95% -0.72% $998K
PM 0.00% 0.66% -0.66% $0
AAPL 3.83% 4.49% -0.65% $17M
BRK-B 2.96% 3.51% -0.55% $13M
X 0.00% 0.40% -0.40% $0
T 0.62% 1.01% -0.39% $3M
VZ 0.67% 1.04% -0.37% $3M
UNH 0.43% 0.77% -0.35% $2M
XOM 1.54% 1.84% -0.30% $7M
ABBV 1.19% 1.45% -0.26% $5M
COP 0.85% 1.08% -0.23% $4M
CVX 0.73% 0.92% -0.19% $3M
AMGN 0.87% 1.05% -0.18% $4M
JNJ 1.02% 1.19% -0.18% $4M
CRM 2.70% 2.87% -0.17% $12M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 42 $281M 64.7%
Large Cap 77 $144M 33.1%
Mid Cap 7 $9M 2.1%

Portfolio Analytics

Avg Market Cap
$387.8B
Median Market Cap
$108.2B
Avg P/E
34.1
Median P/E
23.9
Avg Dividend Yield
0.02%
Avg Beta
0.94
# Stocks
126
# ETFs / Funds
0

Top Holdings (126 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 10.05% 276,210 $44M $157.99 $11M -25,000 -8.3%
2 AMZN 4.89% 96,793 $21M $219.39 $3M
3 MSFT 3.93% 34,302 $17M $497.41 $4M
4 AAPL 3.83% 81,169 $17M $205.16 -$1M
5 META 3.82% 22,500 $17M $738.09 $4M
6 BRK-B 2.96% 26,500 $13M $485.77 -$1M
7 CRM 2.70% 43,009 $12M $272.69 $186K
8 JPM 2.36% 35,296 $10M $289.92 $2M
9 GE 2.27% 38,301 $10M $257.38 $2M
10 SYF 2.03% 132,073 $9M $66.74 $2M
11 GOOG 1.88% 46,055 $8M $177.40 $975K
12 ORCL 1.88% 37,250 $8M $218.63 $3M
13 SHOP 1.86% 70,000 $8M $115.36 $1M
14 WFC 1.62% 88,052 $7M $80.12 $734K
15 AMD 1.58% 48,318 $7M $141.89 $2M
16 XOM 1.54% 62,066 $7M $107.80 -$691K
17 MA 1.53% 11,829 $7M $561.92 $163K
18 WMT 1.48% 65,550 $6M $97.77 $654K
19 V 1.42% 17,375 $6M $355.05 $80K
20 GS 1.30% 8,000 $6M $707.75 $1M
21 PBI 1.28% 511,059 $6M $10.91 $951K
22 GOOGL 1.26% 31,140 $5M $176.24 $673K
23 C 1.20% 61,471 $5M $85.11 $868K
24 ABBV 1.19% 27,900 $5M $185.63 -$667K
25 OXY 1.17% 121,429 $5M $42.01 $403K +26,250 +27.6%
26 GEV 1.17% 9,575 $5M $529.19 $2M
27 COST 1.14% 5,016 $5M $990.03 $222K
28 DIS 1.04% 36,407 $5M $124.01 $922K
29 JNJ 1.02% 28,900 $4M $152.73 -$379K
30 MS 0.97% 30,000 $4M $140.87 $726K
31 IVZ 0.93% 255,393 $4M $15.77 $154K
32 SPOT 0.88% 5,000 $4M $767.40 $1M
33 FHN 0.88% 180,082 $4M $21.20 $321K
34 AMGN 0.87% 13,609 $4M $279.23 -$440K
35 F-PD 0.86% 345,157 $4M $10.85 $283K
36 COP 0.85% 41,281 $4M $89.75 -$630K
37 AXP 0.81% 11,000 $4M $319.00 $549K
38 IBM 0.81% 11,900 $4M $294.79 $549K
39 LOW 0.78% 15,320 $3M $221.87 -$174K
40 BEN 0.77% 140,480 $3M $23.85 $646K
41 HON 0.76% 14,100 $3M $232.91 $298K
42 TJX 0.74% 26,000 $3M $123.50 $44K
43 CVX 0.73% 22,200 $3M $143.20 -$535K
44 CMCSA 0.72% 88,000 $3M $35.69 -$106K
45 ADP 0.71% 10,000 $3M $308.40 $29K
46 CAT 0.70% 7,800 $3M $388.21 $456K
47 DE 0.69% 5,900 $3M $508.47 $231K
48 VZ 0.67% 67,263 $3M $43.26 -$1M -25,000 -27.1%
49 ALL 0.64% 13,800 $3M $201.30 -$80K
50 T 0.62% 93,689 $3M $28.94 -$1M -50,000 -34.8%
51 PFE 0.62% 111,527 $3M $24.24 -$123K
52 PNW 0.62% 30,000 $3M $89.47 -$174K
53 ABT 0.61% 19,400 $3M $136.03 $66K
54 KO 0.60% 37,000 $3M $70.76 -$32K
55 MU 0.56% 19,800 $2M $123.23 $720K
56 AFL 0.50% 20,600 $2M $105.44 -$119K
57 TSLA 0.50% 6,782 $2M $317.61 $396K
58 SBUX 0.44% 21,000 $2M $91.62 -$136K
59 TRV 0.43% 7,000 $2M $267.57 $22K
60 PNC 0.43% 10,000 $2M $186.40 $106K
61 UNH 0.43% 5,918 $2M $311.93 -$1M
62 CSCO 0.42% 26,540 $2M $69.37 $203K
63 BA 0.42% 8,735 $2M $209.50 $340K
64 MRK 0.42% 22,900 $2M $79.17 -$243K
65 PH 0.40% 2,500 $2M $698.40 $226K
66 BK 0.40% 18,872 $2M $91.09 $136K
67 PEP 0.40% 13,000 $2M $132.08 -$232K
68 BMY 0.38% 35,899 $2M $46.30 -$527K
69 TXN 0.38% 8,000 $2M $207.63 $223K
70 AIG 0.38% 19,100 $2M $85.60 -$26K
71 INTC 0.34% 66,395 $1M $22.40 -$21K
72 MMM 0.34% 9,750 $1M $152.21 $52K
73 PSA 0.34% 5,000 $1M $293.40 -$29K
74 RTX 0.34% 10,000 $1M $146.00 $135K
75 PRU 0.33% 13,500 $1M $107.41 -$58K
76 GEHC 0.32% 19,012 $1M $74.06 -$126K
77 PGR 0.31% 5,000 $1M $266.80 -$81K
78 MET 0.28% 15,000 $1M $80.40 $2K
79 UPS 0.27% 11,800 $1M $100.93 -$107K
80 ZM 0.27% 15,000 $1M $78.00 $63K
81 SPG 0.26% 7,000 $1M $160.71 -$38K
82 LUMN 0.25% 250,000 $1M $4.38 $115K
83 NKE 0.25% 15,000 $1M $71.07 $114K
84 SHW 0.24% 3,000 $1M $343.33 -$18K
85 GILD 0.23% 9,000 $998K $110.89 -$3M -25,000 -73.5%
86 CIEN 0.23% 12,255 $997K $81.35 $256K
87 ADI 0.22% 4,000 $952K $238.00 $145K
88 CL 0.22% 10,400 $945K $90.87 -$29K
89 BAX 0.20% 29,000 $878K $30.28 -$115K
90 DELL 0.20% 6,946 $852K $122.66 $219K
91 QCOM 0.18% 5,000 $796K $159.20 $28K
92 ITT 0.18% 5,000 $784K $156.80 $138K
93 WRB 0.17% 10,125 $744K $73.48 $24K
94 CTVA 0.17% 9,828 $732K $74.48 $114K
95 CARR 0.17% 10,000 $732K $73.20 $98K
96 BIIB 0.17% 5,750 $722K $125.57 -$65K
97 EOG 0.17% 6,000 $718K $119.67 -$51K
98 BAC 0.17% 15,147 $717K $47.34 $85K
99 BHC 0.15% 100,000 $666K $6.66 $19K
100 HSY 0.15% 4,000 $664K $166.00 -$20K

Sold Out Positions

SymbolValue% Port
PM —%
OXY-WT —%
X —%
View SEC EDGAR Filings for Gifford Fong Associates →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms