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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 5 of 7  ·  124 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 0.24% $78.93 +6.5%
82 UPS UNITED PARCEL SERVICE INC Industrials 11,800.0 $1.2M 0.23% $99.15 +1.9%
83 PGR PROGRESSIVE CORP OHIO Financial Services 5,000.0 $1.1M 0.23% $227.80 -12.4%
84 GILD GILEAD SCIENCES INC Healthcare 9,000.0 $1.1M 0.22% $122.78 +9.4%
85 ADI ANALOG DEVICES INC Technology 4,000.0 $1.1M 0.22% $271.25 +46.4%
86 RIG TRANSOCEAN LTD Energy 250,000.0 $1.0M 0.21% $4.13 +64.8%
87 BIIB BIOGEN INC Healthcare 5,750.0 $1.0M 0.20% $176.00 +10.1%
88 SHW SHERWIN WILLIAMS CO Basic Materials 3,000.0 $972K 0.19% $324.00 -4.6%
89 NKE NIKE INC Consumer Cyclical 15,000.0 $956K 0.19% $63.73 -29.9%
90 DELL DELL TECHNOLOGIES INC Technology 6,946.0 $874K 0.17% $125.83 +134.6%
91 ITT ITT INC Industrials 5,000.0 $868K 0.17% $173.60 +12.3%
92 QCOM QUALCOMM INC Technology 5,000.0 $855K 0.17% $171.00 +39.3%
93 BAC BANK AMER CORP Financial Services 15,147.0 $833K 0.17% $54.99 -5.8%
94 CL COLGATE PALMOLIVE CO Consumer Defensive 10,400.0 $822K 0.16% $79.04 +14.6%
95 HSY HERSHEY CO Consumer Defensive 4,000.0 $728K 0.14% $182.00 +7.0%
96 WRB W R BERKLEY CORPORATION Financial Services 10,125.0 $710K 0.14% $70.12 -3.7%
97 L LOEWS CORP Financial Services 6,700.0 $706K 0.14% $105.37 +3.3%
98 BHC BAUSCH HEALTH COS INC Healthcare 100,000.0 $695K 0.14% $6.95 -21.3%
99 CTVA CORTEVA INC Basic Materials 9,828.0 $659K 0.13% $67.05 +18.7%
100 USB US BANCORP DEL Financial Services 12,000.0 $640K 0.13% $53.33 +2.8%
Page 5 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%