Latest Gifford Fong Associates Stock Portfolio
Gifford Fong Associates Performance:
2025 Q2: 10.65%YTD: 6.84%2024: 32.11%
Performance for 2025 Q2 is 10.65%, and YTD is 6.84%, and 2024 is 32.11%.
About Gifford Fong Associates and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Gifford Fong Associates reported an equity portfolio of $434.3 Millions as of 30 Jun, 2025.
The top stock holdings of Gifford Fong Associates are NVDA, AMZN, MSFT. The fund has invested 10.1% of it's portfolio in NVIDIA CORP and 4.9% of portfolio in AMAZON COM INC.
The fund managers got completely rid off PHILIP MORRIS INTL INC (PM), UNITED STATES STL CORP NEW (X) and OCCIDENTAL PETE CORP (OXY) stocks. They significantly reduced their stock positions in GILEAD SCIENCES INC (GILD), DEUTSCHE BANK AG and WALGREENS BOOTS ALLIANCE INC (WBA). The fund showed a lot of confidence in some stocks as they added substantially to OCCIDENTAL PETE CORP DEL (OXY).
The top stock holdings of Gifford Fong Associates are NVDA, AMZN, MSFT. The fund has invested 10.1% of it's portfolio in NVIDIA CORP and 4.9% of portfolio in AMAZON COM INC.
The fund managers got completely rid off PHILIP MORRIS INTL INC (PM), UNITED STATES STL CORP NEW (X) and OCCIDENTAL PETE CORP (OXY) stocks. They significantly reduced their stock positions in GILEAD SCIENCES INC (GILD), DEUTSCHE BANK AG and WALGREENS BOOTS ALLIANCE INC (WBA). The fund showed a lot of confidence in some stocks as they added substantially to OCCIDENTAL PETE CORP DEL (OXY).
Gifford Fong Associates Annual Return Estimates Vs S&P 500
Our best estimate is that Gifford Fong Associates made a return of 10.65% in the last quarter. In trailing 12 months, it's portfolio return was 15.32%.
New Buys
Additions
| Ticker | % Inc. |
|---|---|
| occidental pete corp del | 27.58 |
Additions to existing portfolio by Gifford Fong Associates
Reductions
| Ticker | % Reduced |
|---|---|
| gilead sciences inc | -73.53 |
| deutsche bank ag | -66.67 |
| walgreens boots alliance inc | -50.00 |
| at&t inc | -34.8 |
| verizon communications inc | -27.1 |
| nvidia corp | -8.3 |
Gifford Fong Associates reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| united states stl corp new | -1,593,000 |
| philip morris intl inc | -2,651,000 |
| occidental pete corp | -35,000 |
Gifford Fong Associates got rid off the above stocks
Sector Distribution
Gifford Fong Associates has about 27.6% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 27.6 |
| Financial Services | 20.4 |
| Communication Services | 9.6 |
| Industrials | 8.7 |
| Consumer Cyclical | 8.5 |
| Others | 8.1 |
| Healthcare | 6.4 |
| Energy | 4.8 |
| Consumer Defensive | 4.1 |
Market Cap. Distribution
Gifford Fong Associates has about 87.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 50.7 |
| LARGE-CAP | 37.1 |
| UNALLOCATED | 8.1 |
| MID-CAP | 2.8 |
| SMALL-CAP | 1.3 |
Stocks belong to which Index?
About 90.5% of the stocks held by Gifford Fong Associates either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 89 |
| Others | 9.5 |
| RUSSELL 2000 | 1.5 |
Gifford Fong Associates Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Gifford Fong Associates
Gifford Fong Associates has 123 stocks in it's portfolio. About 38.8% of the portfolio is in top 10 stocks. AAPL proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Gifford Fong Associates last quarter.
Last Reported on: 13 Aug, 2025| Ticker | Namesorted descending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| NVDA | nvidia corp | 10.05 | 276,210 | 43,638,000 | reduced | -8.3 | ||
Historical Trend of NVIDIA CORP Position Held By Gifford Fong AssociatesWhat % of Portfolio is NVDA?:Number of NVDA shares held:Change in No. of Shares Held: | ||||||||
| AMZN | amazon com inc | 4.89 | 96,793 | 21,235,000 | unchanged | 0.00 | ||
| MSFT | microsoft corp | 3.93 | 34,302 | 17,062,000 | unchanged | 0.00 | ||
| AAPL | apple inc | 3.83 | 81,169 | 16,653,000 | unchanged | 0.00 | ||
| META | facebook inc | 3.82 | 22,500 | 16,607,000 | unchanged | 0.00 | ||
| berkshire hathaway inc del | 2.96 | 26,500 | 12,873,000 | unchanged | 0.00 | |||
| CRM | salesforce com inc | 2.70 | 43,009 | 11,728,000 | unchanged | 0.00 | ||
| JPM | jpmorgan chase & co | 2.36 | 35,296 | 10,233,000 | unchanged | 0.00 | ||
| GE | general electric co | 2.27 | 38,301 | 9,858,000 | unchanged | 0.00 | ||
| SYF | synchrony finl | 2.03 | 132,073 | 8,815,000 | unchanged | 0.00 | ||
| GOOG | alphabet inc | 1.88 | 46,055 | 8,170,000 | unchanged | 0.00 | ||
| ORCL | oracle corp | 1.88 | 37,250 | 8,144,000 | unchanged | 0.00 | ||
| shopify inc | 1.86 | 70,000 | 8,075,000 | unchanged | 0.00 | |||
| WFC | wells fargo co new | 1.62 | 88,052 | 7,055,000 | unchanged | 0.00 | ||
| AMD | advanced micro devices inc | 1.58 | 48,318 | 6,856,000 | unchanged | 0.00 | ||
| XOM | exxon mobil corp | 1.54 | 62,066 | 6,691,000 | unchanged | 0.00 | ||
| MA | mastercard incorporated | 1.53 | 11,829 | 6,647,000 | unchanged | 0.00 | ||
| WMT | walmart inc | 1.48 | 65,550 | 6,409,000 | unchanged | 0.00 | ||
| V | visa inc | 1.42 | 17,375 | 6,169,000 | unchanged | 0.00 | ||
| GS | goldman sachs group inc | 1.30 | 8,000 | 5,662,000 | unchanged | 0.00 | ||
