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Portfolio (Quarterly) Guide ↗

Gifford Fong Associates

· CIK 0001740316
13F Portfolio $476M AUM Filed Nov 3, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 122 New
Page 5 of 7  ·  122 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 MET METLIFE INC Financial Services 15,000.0 $1.2M 0.26% NEW $82.40 +2.3%
82 PGR PROGRESSIVE CORP OHIO Financial Services 5,000.0 $1.2M 0.26% NEW $247.00 -18.0%
83 NKE NIKE INC Consumer Cyclical 15,000.0 $1.0M 0.22% NEW $69.73 -36.3%
84 SHW SHERWIN WILLIAMS CO Basic Materials 3,000.0 $1.0M 0.22% NEW $346.33 -11.2%
85 GILD GILEAD SCIENCES INC Healthcare 9,000.0 $999K 0.21% NEW $111.00 +17.6%
86 UPS UNITED PARCEL SERVICE INC Industrials 11,800.0 $986K 0.21% NEW $83.56 +18.3%
87 DELL DELL TECHNOLOGIES INC Technology 6,946.0 $985K 0.21% NEW $141.81 +78.3%
88 ADI ANALOG DEVICES INC Technology 4,000.0 $983K 0.21% NEW $245.75 +56.3%
89 ITT ITT INC Industrials 5,000.0 $894K 0.19% NEW $178.80 +7.8%
90 QCOM QUALCOMM INC Technology 5,000.0 $832K 0.17% NEW $166.40 +21.7%
91 CL COLGATE PALMOLIVE CO Consumer Defensive 10,400.0 $831K 0.17% NEW $79.90 +13.2%
92 BIIB BIOGEN INC Healthcare 5,750.0 $805K 0.17% NEW $140.00 +35.3%
93 BAC BANK AMER CORP Financial Services 15,147.0 $781K 0.16% NEW $51.56 -0.1%
94 RIG TRANSOCEAN LTD Energy 250,000.0 $780K 0.16% NEW $3.12 +135.3%
95 WRB W R BERKLEY CORPORATION Financial Services 10,125.0 $776K 0.16% NEW $76.64 -11.0%
96 HSY HERSHEY CO Consumer Defensive 4,000.0 $748K 0.16% NEW $187.00 +1.8%
97 EOG EOG RES INC Energy 6,000.0 $673K 0.14% NEW $112.17 +24.8%
98 L LOEWS CORP Financial Services 6,700.0 $673K 0.14% NEW $100.45 +8.7%
99 CTVA CORTEVA INC Basic Materials 9,828.0 $665K 0.14% NEW $67.66 +16.8%
100 BAX BAXTER INTL INC Healthcare 29,000.0 $660K 0.14% NEW $22.76 -16.4%
Page 5 of 7  ·  122 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 31.6%
Financial Services 20.8%
Communication Services 11.5%
Industrials 8.6%
Consumer Cyclical 8.4%
Healthcare 6.8%
Energy 5.4%
Consumer Defensive 3.8%
Utilities 1.9%
Basic Materials 0.6%