Gifford Fong Associates
13F Reported Value
ⓘ$501.4M
Holdings
124
Latest Filing
2025-12-31
Filing Quarter
Q4 2025
Portfolio Overview
Gifford Fong Associates disclosed 124 positions worth $501.4M in its Form 13F-HR for Q4 2025, led by $NVDA (NVIDIA CORP) at 9.2% of the equity portfolio, followed by $AMZN and $AAPL. During the quarter the fund opened 2 new positions and exited 0 — including a new stake in $Q. The portfolio is most concentrated in Technology (43.7% of disclosed assets). All figures are sourced directly from Gifford Fong Associates’s Form 13F-HR filing with the SEC under CIK 1740316.
AI Fund Analysis
StableSector Allocation
13fpro.ai/research/fund/gifford-fong-associates-1740316
AUM History
13fpro.ai/research/fund/gifford-fong-associates-1740316
Top Equity Holdings by Value
13fpro.ai/research/fund/gifford-fong-associates-1740316
Quarterly Activity — Q4 2025
Click any card to unlockTop Holdings
- 85.9#5
Quality
$45.9M246,210 sh - 68.4#301
Quality
$22.3M96,793 sh - 76.3#82
Quality
$22.1M81,169 sh - 76.9
Quality
$19.3M73,009 sh - 79.7
Quality
$16.6M34,302 sh - 79.6
Quality
$14.9M22,500 sh - 78.1
Quality
$14.5M46,055 sh - 73.6
Quality
$13.3M26,500 sh - 79.7
Quality
$12.5M58,318 sh - 73.6
Quality
$11.8M38,301 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| 85.9#5 | $45.9M | 246,210 | |
| 68.4#301 | $22.3M | 96,793 | |
| 76.3#82 | $22.1M | 81,169 | |
| 76.9 | $19.3M | 73,009 | |
| 79.7 | $16.6M | 34,302 | |
| 79.6 | $14.9M | 22,500 | |
| 78.1 | $14.5M | 46,055 | |
| 73.6 | $13.3M | 26,500 | |
| 79.7 | $12.5M | 58,318 | |
| 73.6 | $11.8M | 38,301 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Gifford Fong Associates's 124 positions.
Showing top 10 of 124 holdings.
Sector Allocation
Technology
$218.9M
Financials
$116.4M
Consumer Discretionary
$45.4M
Healthcare
$35.5M
Industrials
$30.2M
Energy
$24.5M
Communication Services
$17.1M
Consumer Staples
$7.1M
Full Holdings — Gifford Fong Associates (Q4 2025)
All 124 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | NVIDIA CORP | $45.9M | 9.2% | +0% | 85.9 | |
| 2 | AMAZON COM INC | $22.3M | 4.5% | +0% | 68.4 | |
| 3 | Apple Inc. | $22.1M | 4.4% | +0% | 76.3 | |
| 4 | Salesforce, Inc. | $19.3M | 3.9% | +16% | 76.9 | |
| 5 | MICROSOFT CORP | $16.6M | 3.3% | +0% | 79.7 | |
| 6 | Meta Platforms, Inc. | $14.9M | 3.0% | +0% | 79.6 | |
| 7 | Alphabet Inc. | $14.5M | 2.9% | +0% | 78.1 | |
| 8 | BERKSHIRE HATHAWAY INC | $13.3M | 2.7% | +0% | 73.6 | |
| 9 | ADVANCED MICRO DEVICES INC | $12.5M | 2.5% | +21% | 79.7 | |
| 10 | GENERAL ELECTRIC CO | $11.8M | 2.4% | +0% | 73.6 | |
| 11 | JPMORGAN CHASE & CO | $11.4M | 2.3% | +0% | 70.3 | |
| 12 | SHOPIFY INC. | $11.3M | 2.3% | +0% | 64.9 | |
| 13 | Synchrony Financial | $11.0M | 2.2% | +0% | 63.8 | |
| 14 | Alphabet Inc. | $9.7M | 1.9% | +0% | 78.1 | |
| 15 | WELLS FARGO & COMPANY/MN | $8.2M | 1.6% | +0% | 61.5 | |
| 16 | EXXON MOBIL CORP | $7.5M | 1.5% | +0% | 57.7 | |
| 17 | Walmart Inc. | $7.3M | 1.5% | +0% | 59.9 | |
| 18 | ORACLE CORP | $7.3M | 1.4% | +0% | 68.2 | |
| 19 | CITIGROUP INC | $7.2M | 1.4% | +0% | 64.7 | |
| 20 | OCCIDENTAL PETROLEUM CORP /DE/ | $7.0M | 1.4% | +0% | 62.4 | |
| 21 | GOLDMAN SACHS GROUP INC | $7.0M | 1.4% | +0% | 73.3 | |
| 22 | Mastercard Inc | $6.8M | 1.4% | +0% | 85 | |
| 23 | Invesco Ltd. | $6.7M | 1.3% | +0% | — | |
| 24 | AbbVie Inc. | $6.4M | 1.3% | +0% | 72.5 | |
| 25 | GE Vernova Inc. | $6.3M | 1.3% | +0% | 81.1 | |
| 26 | VISA INC. | $6.1M | 1.2% | +0% | 82.7 | |
| 27 | JOHNSON & JOHNSON | $6.0M | 1.2% | +0% | 68.8 | |
| 28 | MICRON TECHNOLOGY INC | $5.7M | 1.1% | +0% | 86.1 | |
| 29 | PITNEY BOWES INC /DE/ | $5.4M | 1.1% | +0% | 59.1 | |
| 30 | MORGAN STANLEY | $5.3M | 1.1% | +0% | 75.7 | |
| 31 | FORD MOTOR CO | $4.5M | 0.9% | +0% | 54.6 | |
| 32 | CATERPILLAR INC | $4.5M | 0.9% | +0% | 66.3 | |
| 33 | AMGEN INC | $4.5M | 0.9% | +0% | 79 | |
| 34 | COSTCO WHOLESALE CORP /NEW | $4.3M | 0.9% | +0% | 65.9 | |
| 35 | FIRST HORIZON CORP | $4.3M | 0.9% | +0% | 56.1 | |
| 36 | Walt Disney Co | $4.1M | 0.8% | +0% | 59.8 | |
| 37 | AMERICAN EXPRESS CO | $4.1M | 0.8% | +0% | 69.1 | |
| 38 | TJX COMPANIES INC /DE/ | $4.0M | 0.8% | +0% | 68.4 | |
| 39 | CONOCOPHILLIPS | $3.9M | 0.8% | +0% | 70 | |
| 40 | LOWES COMPANIES INC | $3.7M | 0.7% | +0% | 60.4 | |
| 41 | INTERNATIONAL BUSINESS MACHINES CORP | $3.5M | 0.7% | +0% | 69.7 | |
| 42 | CHEVRON CORP | $3.4M | 0.7% | +0% | 62.6 | |
| 43 | FRANKLIN TEMPLETON INC | $3.4M | 0.7% | +0% | 57.4 | |
| 44 | Tesla, Inc. | $3.0M | 0.6% | +0% | 53.6 | |
| 45 | Spotify Technology S.A. | $2.9M | 0.6% | +0% | — | |
| 46 | ALLSTATE CORP | $2.9M | 0.6% | +0% | 78.2 | |
| 47 | CIENA CORP | $2.9M | 0.6% | +0% | 72.8 | |
| 48 | PFIZER INC | $2.8M | 0.6% | +0% | 61.8 | |
| 49 | HONEYWELL INTERNATIONAL INC | $2.8M | 0.6% | +0% | 66.5 | |
| 50 | DEERE & CO | $2.7M | 0.6% | +0% | 55.3 | |
| 51 | VERIZON COMMUNICATIONS INC | $2.7M | 0.6% | +0% | 65.5 | |
| 52 | PINNACLE WEST CAPITAL CORP | $2.7M | 0.5% | +0% | 52.9 | |
| 53 | COMCAST CORP | $2.6M | 0.5% | +0% | 59.3 | |
| 54 | COCA COLA CO | $2.6M | 0.5% | +0% | 69.3 | |
| 55 | AUTOMATIC DATA PROCESSING INC | $2.6M | 0.5% | +0% | 69.6 | |
| 56 | INTEL CORP | $2.5M | 0.5% | +0% | 45.5 | |
| 57 | ABBOTT LABORATORIES | $2.4M | 0.5% | +0% | 65.2 | |
| 58 | Merck & Co., Inc. | $2.4M | 0.5% | +0% | 59.7 | |
| 59 | AT&T INC. | $2.3M | 0.5% | +0% | 65.5 | |
| 60 | AFLAC INC | $2.3M | 0.5% | +0% | 61.1 | |
| 61 | Parker-Hannifin Corp | $2.2M | 0.4% | +0% | 65.6 | |
| 62 | Bank of New York Mellon Corp | $2.2M | 0.4% | +0% | 73.8 | |
| 63 | PNC FINANCIAL SERVICES GROUP, INC. | $2.1M | 0.4% | +0% | 73.4 | |
| 64 | CISCO SYSTEMS, INC. | $2.0M | 0.4% | +0% | 70.1 | |
| 65 | TRAVELERS COMPANIES, INC. | $2.0M | 0.4% | +0% | 75.6 | |
| 66 | UNITEDHEALTH GROUP INC | $2.0M | 0.4% | +0% | 62.5 | |
| 67 | Lumen Technologies, Inc. | $1.9M | 0.4% | +0% | 46.8 | |
| 68 | BRISTOL MYERS SQUIBB CO | $1.9M | 0.4% | +0% | 70.1 | |
| 69 | BOEING CO | $1.9M | 0.4% | +0% | 61.4 | |
| 70 | PEPSICO INC | $1.9M | 0.4% | +0% | 63.2 | |
| 71 | RTX Corp | $1.8M | 0.4% | +0% | 73.1 | |
| 72 | STARBUCKS CORP | $1.8M | 0.3% | +0% | 57.9 | |
| 73 | AMERICAN INTERNATIONAL GROUP, INC. | $1.6M | 0.3% | +0% | 54.6 | |
| 74 | 3M CO | $1.6M | 0.3% | +0% | 64.7 | |
| 75 | GE HealthCare Technologies Inc. | $1.6M | 0.3% | +0% | 55.5 | |
| 76 | PRUDENTIAL FINANCIAL INC | $1.5M | 0.3% | +0% | 58.4 | |
| 77 | TEXAS INSTRUMENTS INC | $1.4M | 0.3% | +0% | 73.2 | |
| 78 | Public Storage | $1.3M | 0.3% | +0% | 69.1 | |
| 79 | SIMON PROPERTY GROUP INC. | $1.3M | 0.3% | +0% | 76.7 | |
| 80 | Zoom Communications, Inc. | $1.3M | 0.3% | +0% | 70.4 | |
| 81 | METLIFE INC | $1.2M | 0.2% | +0% | 55.8 | |
| 82 | UNITED PARCEL SERVICE INC | $1.2M | 0.2% | +0% | 58.5 | |
| 83 | PROGRESSIVE CORP/OH/ | $1.1M | 0.2% | +0% | 80 | |
| 84 | GILEAD SCIENCES, INC. | $1.1M | 0.2% | +0% | 57.3 | |
| 85 | ANALOG DEVICES INC | $1.1M | 0.2% | +0% | 79.1 | |
| 86 | Transocean Ltd. | $1.0M | 0.2% | +0% | — | |
| 87 | BIOGEN INC. | $1.0M | 0.2% | +0% | 64.5 | |
| 88 | SHERWIN WILLIAMS CO | $972,000 | 0.2% | +0% | 60.9 | |
| 89 | NIKE, Inc. | $956,000 | 0.2% | +0% | 49 | |
| 90 | Dell Technologies Inc. | $874,000 | 0.2% | +0% | 71.1 | |
| 91 | ITT INC. | $868,000 | 0.2% | +0% | 62.8 | |
| 92 | QUALCOMM INC/DE | $855,000 | 0.2% | +0% | 70.4 | |
| 93 | BANK OF AMERICA CORP /DE/ | $833,000 | 0.2% | +0% | 67.3 | |
| 94 | COLGATE PALMOLIVE CO | $822,000 | 0.2% | +0% | 61 | |
| 95 | HERSHEY CO | $728,000 | 0.1% | +0% | 65.6 | |
| 96 | BERKLEY W R CORP | $710,000 | 0.1% | +0% | 68.3 | |
| 97 | LOEWS CORP | $706,000 | 0.1% | +0% | 64.7 | |
| 98 | Bausch Health Companies Inc. | $695,000 | 0.1% | +0% | 53.7 | |
| 99 | Corteva, Inc. | $659,000 | 0.1% | +0% | 47 | |
| 100 | US BANCORP DE | $640,000 | 0.1% | +0% | 65 | |
| 101 | EOG RESOURCES INC | $630,000 | 0.1% | +0% | 71.7 | |
| 102 | GLOBE LIFE INC. | $629,000 | 0.1% | +0% | 65.6 | |
| 103 | KEYCORP /NEW/ | $619,000 | 0.1% | +0% | 70.5 | |
| 104 | APA Corp | $612,000 | 0.1% | +0% | — | |
| 105 | DEUTSCHE BANK AKTIENGESELLSCHAFT | $578,000 | 0.1% | +0% | 32.7 | |
| 106 | BAXTER INTERNATIONAL INC | $554,000 | 0.1% | +0% | 49.8 | |
| 107 | CARRIER GLOBAL Corp | $528,000 | 0.1% | +0% | 56.4 | |
| 108 | NUCOR CORP | $489,000 | 0.1% | +0% | 61.5 | |
| 109 | HORMEL FOODS CORP /DE/ | $474,000 | 0.1% | +0% | 51.5 | |
| 110 | Warner Bros. Discovery, Inc. | $397,000 | 0.1% | +0% | 41.1 | |
| 111 | WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP | $385,000 | 0.1% | +0% | 66 | |
| 112 | INTERNATIONAL FLAVORS & FRAGRANCES INC | $250,000 | 0.1% | +0% | 52.5 | |
| 113 | DOW INC. | $230,000 | 0.1% | +0% | 39.9 | |
| 114 | HALLIBURTON CO | $226,000 | 0.1% | +0% | 53 | |
| 115 | STANLEY BLACK & DECKER, INC. | $223,000 | 0.0% | +0% | 58.5 | |
| 116 | Solventum Corp | $193,000 | 0.0% | +0% | 54.9 | |
| 117 | Viatris Inc | $193,000 | 0.0% | +0% | 45.2 | |
| 118 | BLACKBERRY Ltd | $190,000 | 0.0% | +0% | — | |
| 119 | Qnity Electronics, Inc. | $190,000 | 0.0% | NEW | 68.3 | |
| 120 | DuPont de Nemours, Inc. | $188,000 | 0.0% | +0% | 49.4 | |
| 121 | NOV Inc. | $188,000 | 0.0% | +0% | 47.5 | |
| 122 | Solstice Advanced Materials Inc. | $171,000 | 0.0% | NEW | 61.3 | |
| 123 | CVS HEALTH Corp | $133,000 | 0.0% | +0% | 59.2 | |
| 124 | EMERSON ELECTRIC CO | $24,000 | 0.0% | +0% | 65.1 |
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