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Gifford Fong Associates

CIK:0001740316
Investment Adviser
$0 AUM
123 holdings
Lafayette, CA, United States
Founded:1974
10 employees
Latest filing:Jun 30, 2025

Gifford Fong Associates is an investment management firm based in Lafayette, California, USA, founded in 1974. The firm specializes in asset management, investment technology, and provides customized portfolio solutions, valuation, and litigation support services for clients including institutional investors, mutual funds, investment banks, government regulators, and Fortune 500 companies. It also offers expert testimony related to fixed income and derivatives. Employee count is estimated to be under 20.

Investment Strategy

Gifford Fong Associates utilizes advanced technology and quantitative methods to manage fixed income investments, focusing on strategy analysis, risk management, and the valuation of derivatives and structured products. The firm offers bespoke portfolio solutions tailored to client objectives, leveraging deep expertise in complex securities including CMO, MBS, and ABS. They assist clients seeking sophisticated analysis for asset allocation and risk assessment in fixed income markets.

Latest 13F Filing Activity

Gifford Fong Associates filed their most recent 13F report on Jun 30, 2025 disclosing 123 equity positions with a total 13F market value of $434M. The fund increased holdings in Nvidia Corp., Microsoft Corp., Facebook Inc. among other positions. Gifford Fong Associates reduced exposure to Gilead Sciences Inc., Philip Morris Intl Inc., United States STL Corp. New among others.

Top Buys
N
NVDANVIDIA CORP
+$11.0M
M
MSFTMICROSOFT CORP
+$4.2M
M
METAFACEBOOK INC
+$3.6M
O
ORCLORACLE CORP
+$2.9M
A
AMZNAMAZON COM INC
+$2.8M
Top Sells
G
GILDGILEAD SCIENCES INC
-$2.8M
P
PMPHILIP MORRIS INTL INC
-$2.7M
X
XUNITED STATES STL CORP NEW
-$1.6M
A
AAPLAPPLE INC
-$1.4M
T
TAT&T INC
-$1.4M

Top Holdings

N
NVDANVIDIA CORP
+10.0%$43.6M
A
AMZNAMAZON COM INC
+4.9%$21.2M
M
MSFTMICROSOFT CORP
+3.9%$17.1M
A
AAPLAPPLE INC
+3.8%$16.7M
M
METAFACEBOOK INC
+3.8%$16.6M

Equity Positions (123)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
NVIDIA CORP10.05%$43.6M276,210$5.34$157.99+$11.0M
AMAZON COM INC4.89%$21.2M96,793$85.27$219.39+$2.8M
MICROSOFT CORP3.93%$17.1M34,302$114.40$497.41+$4.2M
APPLE INC3.83%$16.7M81,169$50.57$205.17-$1.4M
FACEBOOK INC3.82%$16.6M22,500$140.71$738.09+$3.6M

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+13.0%
SERVICES-PREPACKAGED SOFTWARE
+11.3%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+10.0%
NATIONAL COMMERCIAL BANKS
+6.9%
FIRE, MARINE & CASUALTY INSURANCE
+4.7%
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