13F HOLDINGS REPORT
Gifford Fong Associates
Quarter ended Q3 2025 · Filed November 3, 2025 · Accession 0001740316-25-000005
Total Value
$475,795
Positions
122
Other Managers
0
Confidential Omitted
No
Holdings (122)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 246,210 | $45,938 | 9.65% |
| 2 | AMAZON COM INC | AMZN | 96,793 | $21,253 | 4.47% |
| 3 | APPLE INC | AAPL | 81,169 | $20,668 | 4.34% |
| 4 | MICROSOFT CORP | MSFT | 34,302 | $17,767 | 3.73% |
| 5 | FACEBOOK INC | META | 22,500 | $16,524 | 3.47% |
| 6 | SALESFORCE COM INC | CRM | 63,009 | $14,933 | 3.14% |
| 7 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 26,500 | $13,323 | 2.80% |
| 8 | GENERAL ELECTRIC CO | 369604301 | 38,301 | $11,522 | 2.42% |
| 9 | ALPHABET INC | GOOG | 46,055 | $11,217 | 2.36% |
| 10 | JPMORGAN CHASE & CO | VYLD | 35,296 | $11,133 | 2.34% |
| 11 | ORACLE CORP | ORCL-PD | 37,250 | $10,476 | 2.20% |
| 12 | SHOPIFY INC | SHOP | 70,000 | $10,403 | 2.19% |
| 13 | SYNCHRONY FINL | SYF-PB | 132,073 | $9,384 | 1.97% |
| 14 | OCCIDENTAL PETE CORP DEL | 674599105 | 171,429 | $8,100 | 1.70% |
| 15 | ADVANCED MICRO DEVICES INC | AMD | 48,318 | $7,817 | 1.64% |
| 16 | ALPHABET INC | GOOG | 31,140 | $7,570 | 1.59% |
| 17 | WELLS FARGO CO NEW | 949746101 | 88,052 | $7,381 | 1.55% |
| 18 | EXXON MOBIL CORP | XOM | 62,066 | $6,998 | 1.47% |
| 19 | WALMART INC | WMT | 65,550 | $6,756 | 1.42% |
| 20 | MASTERCARD INCORPORATED | MA | 11,829 | $6,728 | 1.41% |
| 21 | ABBVIE INC | ABBV | 27,900 | $6,460 | 1.36% |
| 22 | GOLDMAN SACHS GROUP INC | GSCE | 8,000 | $6,371 | 1.34% |
| 23 | CITIGROUP INC | C-PR | 61,471 | $6,239 | 1.31% |
| 24 | VISA INC | V | 17,375 | $5,931 | 1.25% |
| 25 | GE VERNOVA INC | GEV | 9,575 | $5,888 | 1.24% |
| 26 | INVESCO LTD | IVZ | 255,393 | $5,859 | 1.23% |
| 27 | PITNEY BOWES INC | PBI-PB | 511,059 | $5,831 | 1.23% |
| 28 | JOHNSON & JOHNSON | JNJ | 28,900 | $5,359 | 1.13% |
| 29 | MORGAN STANLEY | MS-PQ | 30,000 | $4,769 | 1.00% |
| 30 | COSTCO WHSL CORP NEW | 22160K105 | 5,016 | $4,643 | 0.98% |
| 31 | DISNEY WALT CO | 254687106 | 36,407 | $4,169 | 0.88% |
| 32 | FORD MTR CO DEL | 345370860 | 345,157 | $4,128 | 0.87% |
| 33 | FIRST HORIZON NATL CORP | FHN-PH | 180,082 | $4,072 | 0.86% |
| 34 | CONOCOPHILLIPS | COP | 41,281 | $3,905 | 0.82% |
| 35 | LOWES COS INC | 548661107 | 15,320 | $3,850 | 0.81% |
| 36 | AMGEN INC | AMGN | 13,609 | $3,840 | 0.81% |
| 37 | TJX COS INC NEW | 872540109 | 26,000 | $3,758 | 0.79% |
| 38 | CATERPILLAR INC DEL | CAT | 7,800 | $3,722 | 0.78% |
| 39 | AMERICAN EXPRESS CO | AXP | 11,000 | $3,654 | 0.77% |
| 40 | SPOTIFY TECHNOLOGY S A | SPOT | 5,000 | $3,490 | 0.73% |
| 41 | CHEVRON CORP NEW | CVX | 22,200 | $3,447 | 0.72% |
| 42 | INTERNATIONAL BUSINESS MACHS | INTR | 11,900 | $3,358 | 0.71% |
| 43 | MICRON TECHNOLOGY INC | MU | 19,800 | $3,313 | 0.70% |
| 44 | FRANKLIN RES INC | BEN | 140,480 | $3,249 | 0.68% |
| 45 | TESLA INC | TSLA | 6,782 | $3,016 | 0.63% |
| 46 | HONEYWELL INTL INC | 438516106 | 14,100 | $2,968 | 0.62% |
| 47 | ALLSTATE CORP | ALL-PJ | 13,800 | $2,962 | 0.62% |
| 48 | VERIZON COMMUNICATIONS INC | VZ | 67,263 | $2,956 | 0.62% |
| 49 | AUTOMATIC DATA PROCESSING IN | ADP | 10,000 | $2,935 | 0.62% |
| 50 | PFIZER INC | PFE | 111,527 | $2,842 | 0.60% |
| 51 | COMCAST CORP NEW | CCZ | 88,000 | $2,765 | 0.58% |
| 52 | DEERE & CO | DE | 5,900 | $2,698 | 0.57% |
| 53 | PINNACLE WEST CAP CORP | PNW | 30,000 | $2,690 | 0.57% |
| 54 | AT&T INC | T-PC | 93,689 | $2,646 | 0.56% |
| 55 | ABBOTT LABS | ABLZF | 19,400 | $2,598 | 0.55% |
| 56 | COCA COLA CO | KO | 37,000 | $2,454 | 0.52% |
| 57 | AFLAC INC | AFL | 20,600 | $2,301 | 0.48% |
| 58 | INTEL CORP | INTC | 66,395 | $2,228 | 0.47% |
| 59 | BANK NEW YORK MELLON CORP | 064058100 | 18,872 | $2,056 | 0.43% |
| 60 | UNITED HEALTH GROUP INC | UNH | 5,918 | $2,043 | 0.43% |
| 61 | PNC FINL SVCS GROUP INC | 693475105 | 10,000 | $2,009 | 0.42% |
| 62 | TRAVELERS COMPANIES INC | TRV | 7,000 | $1,955 | 0.41% |
| 63 | MERCK & CO INC | MRK | 22,900 | $1,922 | 0.40% |
| 64 | PARKER HANNIFIN CORP | PH | 2,500 | $1,895 | 0.40% |
| 65 | BOEING CO | BA-PA | 8,735 | $1,885 | 0.40% |
| 66 | PEPSICO INC | PEP | 13,000 | $1,826 | 0.38% |
| 67 | CISCO SYS INC | CSCO | 26,540 | $1,816 | 0.38% |
| 68 | CIENA CORP | CIEN | 12,255 | $1,785 | 0.38% |
| 69 | STARBUCKS CORP | SBUX | 21,000 | $1,777 | 0.37% |
| 70 | RAYTHEON TECHNOLOGIES CORP | RTX | 10,000 | $1,673 | 0.35% |
| 71 | BRISTOL MYERS SQUIBB CO | CELG-RI | 35,899 | $1,619 | 0.34% |
| 72 | LUMEN TECHNOLOGIES INC | LUMN | 250,000 | $1,530 | 0.32% |
| 73 | 3M CO | MMM | 9,750 | $1,513 | 0.32% |
| 74 | AMERICAN INTL GROUP INC | 026874784 | 19,100 | $1,500 | 0.32% |
| 75 | TEXAS INSTRS INC | 882508104 | 8,000 | $1,470 | 0.31% |
| 76 | PUBLIC STORAGE | PSA-PS | 5,000 | $1,444 | 0.30% |
| 77 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 19,012 | $1,428 | 0.30% |
| 78 | PRUDENTIAL FINL INC | PUKPF | 13,500 | $1,400 | 0.29% |
| 79 | SIMON PPTY GROUP INC NEW | 828806109 | 7,000 | $1,314 | 0.28% |
| 80 | ZOOM VIDEO COMMUNICATIONS IN | ZM | 15,000 | $1,238 | 0.26% |
| 81 | METLIFE INC | MET-PF | 15,000 | $1,236 | 0.26% |
| 82 | PROGRESSIVE CORP OHIO | 743315103 | 5,000 | $1,235 | 0.26% |
| 83 | NIKE INC | NKE | 15,000 | $1,046 | 0.22% |
| 84 | SHERWIN WILLIAMS CO | SHW | 3,000 | $1,039 | 0.22% |
| 85 | GILEAD SCIENCES INC | GILD | 9,000 | $999 | 0.21% |
| 86 | UNITED PARCEL SERVICE INC | UPS | 11,800 | $986 | 0.21% |
| 87 | DELL TECHNOLOGIES INC | DELL | 6,946 | $985 | 0.21% |
| 88 | ANALOG DEVICES INC | ADI | 4,000 | $983 | 0.21% |
| 89 | ITT INC | ITT | 5,000 | $894 | 0.19% |
| 90 | QUALCOMM INC | QCOM | 5,000 | $832 | 0.17% |
| 91 | COLGATE PALMOLIVE CO | CL | 10,400 | $831 | 0.17% |
| 92 | BIOGEN INC | BIIB | 5,750 | $805 | 0.17% |
| 93 | BANK AMER CORP | 060505104 | 15,147 | $781 | 0.16% |
| 94 | TRANSOCEAN LTD | RIG | 250,000 | $780 | 0.16% |
| 95 | W R BERKLEY CORPORATION | WRB-PH | 10,125 | $776 | 0.16% |
| 96 | HERSHEY CO | HSY | 4,000 | $748 | 0.16% |
| 97 | LOEWS CORP | L | 6,700 | $673 | 0.14% |
| 98 | EOG RES INC | EOG | 6,000 | $673 | 0.14% |
| 99 | CORTEVA INC | CTVA | 9,828 | $665 | 0.14% |
| 100 | BAXTER INTL INC | 071813109 | 29,000 | $660 | 0.14% |
| 101 | BAUSCH HEALTH COS INC | 071734107 | 100,000 | $645 | 0.14% |
| 102 | GLOBE LIFE INC | GL-PD | 4,500 | $643 | 0.14% |
| 103 | APA CORPORATION | APA | 25,000 | $607 | 0.13% |
| 104 | CARRIER GLOBAL CORPORATION | CARR | 10,000 | $597 | 0.13% |
| 105 | US BANCORP DEL | USB-PS | 12,000 | $580 | 0.12% |
| 106 | KEYCORP NEW | 493267108 | 30,000 | $561 | 0.12% |
| 107 | DEUTSCHE BANK AG | D18190898 | 15,000 | $531 | 0.11% |
| 108 | HORMEL FOODS CORP | HRL | 20,000 | $495 | 0.10% |
| 109 | NUCOR CORP | NUE | 3,000 | $406 | 0.09% |
| 110 | DUPONT DE NEMOURS INC | DD | 4,665 | $363 | 0.08% |
| 111 | WABTEC CORP | 929740108 | 1,806 | $362 | 0.08% |
| 112 | WARNER BROS DISCOVERY INC | WBD | 13,760 | $269 | 0.06% |
| 113 | BLACKBERRY LTD | BB | 50,000 | $244 | 0.05% |
| 114 | INTERNATIONAL FLAVORS&FRAGRA | 459506101 | 3,707 | $228 | 0.05% |
| 115 | DOW INC | DOW | 9,828 | $225 | 0.05% |
| 116 | STANLEY BLACK & DECKER INC | SWK | 3,000 | $223 | 0.05% |
| 117 | HALLIBURTON CO | HAL | 8,000 | $197 | 0.04% |
| 118 | SOLVENTUM CORP | SOLV | 2,437 | $178 | 0.04% |
| 119 | NOV INC | NOV | 12,000 | $159 | 0.03% |
| 120 | VIATRIS INC | VTRS | 15,476 | $153 | 0.03% |
| 121 | CVS HEALTH CORP | CVS | 1,675 | $126 | 0.03% |
| 122 | EMERSON ELEC CO | EMR | 178 | $23 | 0.00% |