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Asset Manager ← All Institutions

Gifford Fong Associates

Q3 2025 · Filed 2025-11-03
Market Value
$476M
+9.5%
Holdings
123
-3
New Purchases
0
Added To
2
Closed
1
Reduced
2
Top 10 Concentration
38.7%
Turnover
0.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
OXY 1.70% 1.17% +0.53% $8M
AAPL 4.34% 3.83% +0.51% $21M
GOOG 2.36% 1.88% +0.48% $11M
CRM 3.14% 2.70% +0.44% $15M
GOOGL 1.59% 1.26% +0.33% $8M
SHOP 2.19% 1.86% +0.33% $10M
ORCL 2.20% 1.88% +0.33% $10M
IVZ 1.23% 0.93% +0.30% $6M
ABBV 1.36% 1.19% +0.17% $6M
GE 2.42% 2.27% +0.15% $12M
CIEN 0.38% 0.23% +0.15% $2M
TSLA 0.63% 0.50% +0.14% $3M
MU 0.70% 0.56% +0.13% $3M
INTC 0.47% 0.34% +0.13% $2M
JNJ 1.13% 1.02% +0.11% $5M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AMZN 4.47% 4.89% -0.42% $21M
NVDA 9.65% 10.05% -0.39% $46M
META 3.47% 3.82% -0.35% $17M
MSFT 3.73% 3.93% -0.19% $18M
V 1.25% 1.42% -0.17% $6M
COST 0.98% 1.14% -0.17% $5M
BRK-B 2.80% 2.96% -0.16% $13M
DIS 0.88% 1.04% -0.16% $4M
SPOT 0.73% 0.88% -0.15% $3M
CMCSA 0.58% 0.72% -0.14% $3M
HON 0.62% 0.76% -0.13% $3M
DE 0.57% 0.69% -0.12% $3M
MA 1.41% 1.53% -0.12% $7M
IBM 0.71% 0.81% -0.10% $3M
ADP 0.62% 0.71% -0.09% $3M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 41 $309M 65.0%
Large Cap 75 $157M 32.9%
Mid Cap 7 $10M 2.1%

Portfolio Analytics

Avg Market Cap
$394.4B
Median Market Cap
$109.3B
Avg P/E
34.4
Median P/E
23.9
Avg Dividend Yield
0.02%
Avg Beta
0.95
# Stocks
123
# ETFs / Funds
0

Top Holdings (123 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 9.65% 246,210 $46M $186.58 $2M -30,000 -10.9%
2 AMZN 4.47% 96,793 $21M $219.57 $18K
3 AAPL 4.34% 81,169 $21M $254.63 $4M
4 MSFT 3.73% 34,302 $18M $517.96 $705K
5 META 3.47% 22,500 $17M $734.40 -$83K
6 CRM 3.14% 63,009 $15M $237.00 $3M +20,000 +46.5%
7 BRK-B 2.80% 26,500 $13M $502.75 $450K
8 GE 2.42% 38,301 $12M $300.83 $2M
9 GOOG 2.36% 46,055 $11M $243.56 $3M
10 JPM 2.34% 35,296 $11M $315.42 $900K
11 ORCL 2.20% 37,250 $10M $281.23 $2M
12 SHOP 2.19% 70,000 $10M $148.61 $2M
13 SYF 1.97% 132,073 $9M $71.05 $569K
14 OXY 1.70% 171,429 $8M $47.25 $3M +50,000 +41.2%
15 AMD 1.64% 48,318 $8M $161.78 $961K
16 GOOGL 1.59% 31,140 $8M $243.10 $2M
17 WFC 1.55% 88,052 $7M $83.83 $326K
18 XOM 1.47% 62,066 $7M $112.75 $307K
19 WMT 1.42% 65,550 $7M $103.07 $347K
20 MA 1.41% 11,829 $7M $568.77 $81K
21 ABBV 1.36% 27,900 $6M $231.54 $1M
22 GS 1.34% 8,000 $6M $796.38 $709K
23 C 1.31% 61,471 $6M $101.50 $1M
24 V 1.25% 17,375 $6M $341.35 -$238K
25 GEV 1.24% 9,575 $6M $614.93 $821K
26 IVZ 1.23% 255,393 $6M $22.94 $2M
27 PBI 1.23% 511,059 $6M $11.41 $255K
28 JNJ 1.13% 28,900 $5M $185.43 $945K
29 MS 1.00% 30,000 $5M $158.97 $543K
30 COST 0.98% 5,016 $5M $925.64 -$323K
31 DIS 0.88% 36,407 $4M $114.51 -$346K
32 F-PD 0.87% 345,157 $4M $11.96 $383K
33 FHN 0.86% 180,082 $4M $22.61 $254K
34 COP 0.82% 41,281 $4M $94.60 $200K
35 LOW 0.81% 15,320 $4M $251.31 $451K
36 AMGN 0.81% 13,609 $4M $282.17 $40K
37 TJX 0.79% 26,000 $4M $144.54 $547K
38 CAT 0.78% 7,800 $4M $477.18 $694K
39 AXP 0.77% 11,000 $4M $332.18 $145K
40 SPOT 0.73% 5,000 $3M $698.00 -$347K
41 CVX 0.72% 22,200 $3M $155.27 $268K
42 IBM 0.71% 11,900 $3M $282.18 -$150K
43 MU 0.70% 19,800 $3M $167.32 $873K
44 BEN 0.68% 140,480 $3M $23.13 -$101K
45 TSLA 0.63% 6,782 $3M $444.71 $862K
46 HON 0.62% 14,100 $3M $210.50 -$316K
47 ALL 0.62% 13,800 $3M $214.64 $184K
48 VZ 0.62% 67,263 $3M $43.95 $46K
49 ADP 0.62% 10,000 $3M $293.50 -$149K
50 PFE 0.60% 111,527 $3M $25.48 $139K
51 CMCSA 0.58% 88,000 $3M $31.42 -$376K
52 DE 0.57% 5,900 $3M $457.29 -$302K
53 PNW 0.57% 30,000 $3M $89.67 $6K
54 T 0.56% 93,689 $3M $28.24 -$65K
55 ABT 0.55% 19,400 $3M $133.92 -$41K
56 KO 0.52% 37,000 $2M $66.32 -$164K
57 AFL 0.48% 20,600 $2M $111.70 $129K
58 INTC 0.47% 66,395 $2M $33.56 $741K
59 BK 0.43% 18,872 $2M $108.94 $337K
60 UNH 0.43% 5,918 $2M $345.22 $197K
61 PNC 0.42% 10,000 $2M $200.90 $145K
62 TRV 0.41% 7,000 $2M $279.29 $82K
63 MRK 0.40% 22,900 $2M $83.93 $109K
64 PH 0.40% 2,500 $2M $758.00 $149K
65 BA 0.40% 8,735 $2M $215.80 $55K
66 PEP 0.38% 13,000 $2M $140.46 $109K
67 CSCO 0.38% 26,540 $2M $68.43 -$25K
68 CIEN 0.38% 12,255 $2M $145.65 $788K
69 SBUX 0.37% 21,000 $2M $84.62 -$147K
70 RTX 0.35% 10,000 $2M $167.30 $213K
71 BMY 0.34% 35,899 $2M $45.10 -$43K
72 LUMN 0.32% 250,000 $2M $6.12 $435K
73 MMM 0.32% 9,750 $2M $155.18 $29K
74 AIG 0.32% 19,100 $2M $78.53 -$135K
75 TXN 0.31% 8,000 $1M $183.75 -$191K
76 PSA 0.30% 5,000 $1M $288.80 -$23K
77 GEHC 0.30% 19,012 $1M $75.11 $20K
78 PRU 0.29% 13,500 $1M $103.70 -$50K
79 SPG 0.28% 7,000 $1M $187.71 $189K
80 ZM 0.26% 15,000 $1M $82.53 $68K
81 MET 0.26% 15,000 $1M $82.40 $30K
82 PGR 0.26% 5,000 $1M $247.00 -$99K
83 NKE 0.22% 15,000 $1M $69.73 -$20K
84 SHW 0.22% 3,000 $1M $346.33 $9K
85 GILD 0.21% 9,000 $999K $111.00 $1K
86 UPS 0.21% 11,800 $986K $83.56 -$205K
87 DELL 0.21% 6,946 $985K $141.81 $133K
88 ADI 0.21% 4,000 $983K $245.75 $31K
89 ITT 0.19% 5,000 $894K $178.80 $110K
90 QCOM 0.17% 5,000 $832K $166.40 $36K
91 CL 0.17% 10,400 $831K $79.90 -$114K
92 BIIB 0.17% 5,750 $805K $140.00 $83K
93 BAC 0.16% 15,147 $781K $51.56 $64K
94 RIG 0.16% 250,000 $780K $3.12 $132K
95 WRB 0.16% 10,125 $776K $76.64 $32K
96 HSY 0.16% 4,000 $748K $187.00 $84K
97 EOG 0.14% 6,000 $673K $112.17 -$45K
98 L 0.14% 6,700 $673K $100.45 $59K
99 CTVA 0.14% 9,828 $665K $67.66 -$67K
100 BAX 0.14% 29,000 $660K $22.76 -$218K

Sold Out Positions

SymbolValue% Port
WBA —%
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