Institutional Manager · CIK 0001740316
Gifford Fong Associates
LAFAYETTE, CA · File #028-18752
Latest AUM
$501,412
Positions
124
Top-10 Concentration
46.6%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | SALESFORCE COM INC | CRM | +10,000 | +$2,649 | +$1,759 |
| ADD | ADVANCED MICRO DEVICES INC | AMD | +10,000 | +$2,142 | +$2,530 |
| NEW | QNITY ELECTRONICS INC | Q | +2,332 | +$190 | $0 |
| NEW | SOLSTICE ADVANCED MATLS INC | 83443Q103 | +3,525 | +$171 | $0 |
| REDUCE | 3M CO | MMM | 0 | $0 | +$48 |
| REDUCE | ABBOTT LABS | ABLZF | 0 | $0 | -$167 |
| REDUCE | ABBVIE INC | ABBV | 0 | $0 | -$85 |
| REDUCE | AFLAC INC | AFL | 0 | $0 | -$29 |
| REDUCE | ALPHABET INC | GOOG | 0 | $0 | +$3,235 |
| REDUCE | ALPHABET INC | GOOG | 0 | $0 | +$2,177 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025124 pos · $501,412
- 13F HOLDINGS REPORTQ/E Sep 2025122 pos · $475,795
- 13F HOLDINGS REPORTQ/E Jun 2025123 pos · $434,325
- 13F HOLDINGS REPORTQ/E Mar 2025126 pos · $401,928
- 13F HOLDINGS REPORTQ/E Dec 2024126 pos · $407,503
- 13F HOLDINGS REPORTQ/E Sep 2024128 pos · $399,935
- 13F HOLDINGS REPORTQ/E Jun 2024128 pos · $377,464
- 13F HOLDINGS REPORTQ/E Mar 2024127 pos · $362,653
- 13F HOLDINGS REPORTQ/E Dec 2023141 pos · $418,140
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 246,210 | $45,918 | 11.07% |
| 2 | AMAZON COM INC | AMZN | 96,793 | $22,342 | 5.39% |
| 3 | APPLE INC | AAPL | 81,169 | $22,067 | 5.32% |
| 4 | SALESFORCE COM INC | CRM | 73,009 | $19,341 | 4.66% |
| 5 | MICROSOFT CORP | MSFT | 34,302 | $16,589 | 4.00% |
| 6 | FACEBOOK INC | META | 22,500 | $14,852 | 3.58% |
| 7 | ALPHABET INC | GOOG | 46,055 | $14,452 | 3.49% |
| 8 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 26,500 | $13,320 | 3.21% |
| 9 | ADVANCED MICRO DEVICES INC | AMD | 58,318 | $12,489 | 3.01% |
| 10 | GENERAL ELECTRIC CO | 369604301 | 38,301 | $11,798 | 2.85% |
| 11 | JPMORGAN CHASE & CO | VYLD | 35,296 | $11,373 | 2.74% |
| 12 | SHOPIFY INC | SHOP | 70,000 | $11,268 | 2.72% |
| 13 | SYNCHRONY FINL | SYF-PB | 132,073 | $11,019 | 2.66% |
| 14 | ALPHABET INC | GOOG | 31,140 | $9,747 | 2.35% |
| 15 | WELLS FARGO CO NEW | 949746101 | 88,052 | $8,206 | 1.98% |
| 16 | EXXON MOBIL CORP | XOM | 62,066 | $7,469 | 1.80% |
| 17 | WALMART INC | WMT | 65,550 | $7,303 | 1.76% |
| 18 | ORACLE CORP | ORCL-PD | 37,250 | $7,260 | 1.75% |
| 19 | CITIGROUP INC | C-PR | 61,471 | $7,173 | 1.73% |
| 20 | OCCIDENTAL PETE CORP DEL | 674599105 | 171,429 | $7,049 | 1.70% |