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Portfolio (Quarterly) Guide ↗

Gifford Fong Associates

· CIK 0001740316
13F Portfolio $501M AUM 124 positions Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 2 New 2 Added
Page 4 of 7  ·  124 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 PH PARKER HANNIFIN CORP Industrials 2,500.0 $2.2M 0.44% $878.80 -2.2%
62 BK BANK NEW YORK MELLON CORP Financial Services 18,872.0 $2.2M 0.44% $116.10 +19.7%
63 PNC PNC FINL SVCS GROUP INC Financial Services 10,000.0 $2.1M 0.42% $208.70 +3.9%
64 CSCO CISCO SYS INC Technology 26,540.0 $2.0M 0.41% $77.02 +53.5%
65 TRV TRAVELERS COMPANIES INC Financial Services 7,000.0 $2.0M 0.41% $290.00 +5.8%
66 UNH UNITED HEALTH GROUP INC Healthcare 5,918.0 $2.0M 0.39% $330.18 +16.1%
67 LUMN LUMEN TECHNOLOGIES INC Communication Services 250,000.0 $1.9M 0.39% $7.77 +21.5%
68 BMY BRISTOL MYERS SQUIBB CO Healthcare 35,899.0 $1.9M 0.39% $53.93 +10.4%
69 BA BOEING CO Industrials 8,735.0 $1.9M 0.38% $217.17 +1.1%
70 PEP PEPSICO INC Consumer Defensive 13,000.0 $1.9M 0.37% $143.54 +3.7%
71 RTX RAYTHEON TECHNOLOGIES CORP Industrials 10,000.0 $1.8M 0.37% $183.40 -4.7%
72 SBUX STARBUCKS CORP Consumer Cyclical 21,000.0 $1.8M 0.35% $84.19 +26.5%
73 AIG AMERICAN INTL GROUP INC Financial Services 19,100.0 $1.6M 0.33% $85.55 -8.1%
74 MMM 3M CO Industrials 9,750.0 $1.6M 0.31% $160.10 -5.3%
75 GEHC GE HEALTHCARE TECHNOLOGIES I Healthcare 19,012.0 $1.6M 0.31% $82.00 -21.5%
76 PRU PRUDENTIAL FINL INC Financial Services 13,500.0 $1.5M 0.30% $112.89 -8.6%
77 TXN TEXAS INSTRS INC Technology 8,000.0 $1.4M 0.28% $173.50 +75.7%
78 PSA PUBLIC STORAGE Real Estate 5,000.0 $1.3M 0.26% $259.60 +16.7%
79 SPG SIMON PPTY GROUP INC NEW Real Estate 7,000.0 $1.3M 0.26% $185.14 +10.2%
80 ZM ZOOM VIDEO COMMUNICATIONS IN Technology 15,000.0 $1.3M 0.26% $86.27 +15.2%
Page 4 of 7  ·  124 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.2%
Financial Services 21.1%
Communication Services 11.5%
Consumer Cyclical 8.3%
Industrials 8.3%
Healthcare 6.9%
Energy 5.0%
Consumer Defensive 3.7%
Utilities 1.8%
Basic Materials 0.6%