— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Gifford Fong Associates

Q4 2025 · Filed 2026-02-10
Market Value
$501M
+5.4%
Holdings
124
+1
New Purchases
2
Added To
2
Closed
0
Reduced
0
Top 10 Concentration
38.5%
Turnover
1.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AMD 2.49% 1.64% +0.85% $12M
CRM 3.86% 3.14% +0.72% $19M
GOOG 2.88% 2.36% +0.52% $14M
MU 1.13% 0.70% +0.43% $6M
GOOGL 1.94% 1.59% +0.35% $10M
SYF 2.20% 1.97% +0.23% $11M
CIEN 0.57% 0.38% +0.20% $3M
C 1.43% 1.31% +0.12% $7M
CAT 0.89% 0.78% +0.11% $4M
IVZ 1.34% 1.23% +0.11% $7M
WFC 1.64% 1.55% +0.09% $8M
AMGN 0.89% 0.81% +0.08% $4M
MRK 0.48% 0.40% +0.08% $2M
JNJ 1.19% 1.13% +0.07% $6M
LUMN 0.39% 0.32% +0.07% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ORCL 1.45% 2.20% -0.75% $7M
META 2.96% 3.47% -0.51% $15M
NVDA 9.16% 9.65% -0.50% $46M
MSFT 3.31% 3.73% -0.43% $17M
OXY 1.41% 1.70% -0.30% $7M
SPOT 0.58% 0.73% -0.15% $3M
PBI 1.08% 1.23% -0.15% $5M
BRK-B 2.66% 2.80% -0.14% $13M
COST 0.86% 0.98% -0.11% $4M
ADP 0.51% 0.62% -0.10% $3M
T 0.46% 0.56% -0.09% $2M
ABBV 1.27% 1.36% -0.09% $6M
HON 0.55% 0.62% -0.08% $3M
VZ 0.55% 0.62% -0.07% $3M
LOW 0.74% 0.81% -0.07% $4M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 41 $326M 64.9%
Large Cap 76 $166M 33.1%
Mid Cap 7 $10M 2.0%

Portfolio Analytics

Avg Market Cap
$391.5B
Median Market Cap
$108.2B
Avg P/E
34.8
Median P/E
24.3
Avg Dividend Yield
0.02%
Avg Beta
0.95
# Stocks
124
# ETFs / Funds
0

Top Holdings (124 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 9.16% 246,210 $46M $186.50 -$20K
2 AMZN 4.46% 96,793 $22M $230.82 $1M
3 AAPL 4.40% 81,169 $22M $271.86 $1M
4 CRM 3.86% 73,009 $19M $264.91 $4M +10,000 +15.9%
5 MSFT 3.31% 34,302 $17M $483.62 -$1M
6 META 2.96% 22,500 $15M $660.09 -$2M
7 GOOG 2.88% 46,055 $14M $313.80 $3M
8 BRK-B 2.66% 26,500 $13M $502.64 -$3K
9 AMD 2.49% 58,318 $12M $214.15 $5M +10,000 +20.7%
10 GE 2.35% 38,301 $12M $308.03 $276K
11 JPM 2.27% 35,296 $11M $322.22 $240K
12 SHOP 2.25% 70,000 $11M $160.97 $865K
13 SYF 2.20% 132,073 $11M $83.43 $2M
14 GOOGL 1.94% 31,140 $10M $313.01 $2M
15 WFC 1.64% 88,052 $8M $93.19 $825K
16 XOM 1.49% 62,066 $7M $120.34 $471K
17 WMT 1.46% 65,550 $7M $111.41 $547K
18 ORCL 1.45% 37,250 $7M $194.90 -$3M
19 C 1.43% 61,471 $7M $116.69 $934K
20 OXY 1.41% 171,429 $7M $41.12 -$1M
21 GS 1.40% 8,000 $7M $879.00 $661K
22 MA 1.35% 11,829 $7M $570.89 $25K
23 IVZ 1.34% 255,393 $7M $26.27 $850K
24 ABBV 1.27% 27,900 $6M $228.49 -$85K
25 GEV 1.25% 9,575 $6M $653.58 $370K
26 V 1.22% 17,375 $6M $350.73 $163K
27 JNJ 1.19% 28,900 $6M $206.96 $622K
28 MU 1.13% 19,800 $6M $285.40 $2M
29 PBI 1.08% 511,059 $5M $10.57 -$429K
30 MS 1.06% 30,000 $5M $177.53 $557K
31 F-PD 0.90% 345,157 $5M $13.12 $400K
32 CAT 0.89% 7,800 $4M $572.82 $746K
33 AMGN 0.89% 13,609 $4M $327.28 $614K
34 COST 0.86% 5,016 $4M $862.24 -$318K
35 FHN 0.86% 180,082 $4M $23.90 $232K
36 DIS 0.83% 36,407 $4M $113.77 -$27K
37 AXP 0.81% 11,000 $4M $369.91 $415K
38 TJX 0.80% 26,000 $4M $153.62 $236K
39 COP 0.77% 41,281 $4M $93.60 -$41K
40 LOW 0.74% 15,320 $4M $241.19 -$155K
41 IBM 0.70% 11,900 $4M $296.22 $167K
42 CVX 0.67% 22,200 $3M $152.43 -$63K
43 BEN 0.67% 140,480 $3M $23.89 $107K
44 TSLA 0.61% 6,782 $3M $449.72 $34K
45 SPOT 0.58% 5,000 $3M $580.80 -$586K
46 ALL 0.57% 13,800 $3M $208.12 -$90K
47 CIEN 0.57% 12,255 $3M $233.86 $1M
48 PFE 0.55% 111,527 $3M $24.90 -$65K
49 HON 0.55% 14,100 $3M $195.11 -$217K
50 DE 0.55% 5,900 $3M $465.59 $49K
51 VZ 0.55% 67,263 $3M $40.74 -$216K
52 PNW 0.53% 30,000 $3M $88.70 -$29K
53 CMCSA 0.52% 88,000 $3M $29.89 -$135K
54 KO 0.52% 37,000 $3M $69.92 $133K
55 ADP 0.51% 10,000 $3M $257.20 -$363K
56 INTC 0.49% 66,395 $2M $36.90 $222K
57 ABT 0.48% 19,400 $2M $125.31 -$167K
58 MRK 0.48% 22,900 $2M $105.24 $488K
59 T 0.46% 93,689 $2M $24.84 -$319K
60 AFL 0.45% 20,600 $2M $110.29 -$29K
61 PH 0.44% 2,500 $2M $878.80 $302K
62 BK 0.44% 18,872 $2M $116.10 $135K
63 PNC 0.42% 10,000 $2M $208.70 $78K
64 CSCO 0.41% 26,540 $2M $77.02 $228K
65 TRV 0.40% 7,000 $2M $290.00 $75K
66 UNH 0.39% 5,918 $2M $330.18 -$89K
67 LUMN 0.39% 250,000 $2M $7.77 $413K
68 BMY 0.39% 35,899 $2M $53.93 $317K
69 BA 0.38% 8,735 $2M $217.17 $12K
70 PEP 0.37% 13,000 $2M $143.54 $40K
71 RTX 0.37% 10,000 $2M $183.40 $161K
72 SBUX 0.35% 21,000 $2M $84.19 -$9K
73 AIG 0.33% 19,100 $2M $85.55 $134K
74 MMM 0.31% 9,750 $2M $160.10 $48K
75 GEHC 0.31% 19,012 $2M $82.00 $131K
76 PRU 0.30% 13,500 $2M $112.89 $124K
77 TXN 0.28% 8,000 $1M $173.50 -$82K
78 PSA 0.26% 5,000 $1M $259.60 -$146K
79 SPG 0.26% 7,000 $1M $185.14 -$18K
80 ZM 0.26% 15,000 $1M $86.27 $56K
81 MET 0.24% 15,000 $1M $78.93 -$52K
82 UPS 0.23% 11,800 $1M $99.15 $184K
83 PGR 0.23% 5,000 $1M $227.80 -$96K
84 GILD 0.22% 9,000 $1M $122.78 $106K
85 ADI 0.22% 4,000 $1M $271.25 $102K
86 RIG 0.21% 250,000 $1M $4.13 $253K
87 BIIB 0.20% 5,750 $1M $176.00 $207K
88 SHW 0.19% 3,000 $972K $324.00 -$67K
89 NKE 0.19% 15,000 $956K $63.73 -$90K
90 DELL 0.17% 6,946 $874K $125.83 -$111K
91 ITT 0.17% 5,000 $868K $173.60 -$26K
92 QCOM 0.17% 5,000 $855K $171.00 $23K
93 BAC 0.17% 15,147 $833K $54.99 $52K
94 CL 0.16% 10,400 $822K $79.04 -$9K
95 HSY 0.15% 4,000 $728K $182.00 -$20K
96 WRB 0.14% 10,125 $710K $70.12 -$66K
97 L 0.14% 6,700 $706K $105.37 $33K
98 BHC 0.14% 100,000 $695K $6.95 $50K
99 CTVA 0.13% 9,828 $659K $67.05 -$6K
100 USB 0.13% 12,000 $640K $53.33 $60K

New Positions

SymbolValue% Port
Q $190K 0.04%
SOLS $171K 0.03%
View SEC EDGAR Filings for Gifford Fong Associates →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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