FOCUSED INVESTORS FUND L P
Filing Date
Mar 31, 2024
Global Rank
#746
/ 7,296
Top Industry
Healthcare Plans
21.3%
3Y Alpha vs SPY
-8.8%
Period ended 2 years ago
Filed Apr 25, 2024 · 2y
Clone Performance
May 2024–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+22.3%
SPY
+43.4%
Annualised alpha
-8.8%
Max drawdown
−15.0%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
23 positions · as of Mar 31, 2024Top Position
7.8%
of portfolio value
Top 5
32.5%
of portfolio value
Top 10
57.7%
of portfolio value
HHI
483
Diversified
Sector Breakdown
As of Mar 31, 2024| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 26.2% | $835,738,708 |
| Industrials | 16.9% | $538,867,506 |
| Consumer Cyclical | 13.9% | $444,178,764 |
| Financial Services | 12.9% | $413,409,603 |
| Technology | 11.5% | $367,367,845 |
| Consumer Defensive | 9.1% | $291,353,133 |
| Unclassified | 5.7% | $181,555,520 |
| Communication Services | 3.8% | $120,653,078 |
23 positions ·
$3,193,124,157 total
· as of Mar 31, 2024
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| ELV |
Elevance Health, Inc.
Healthcare
|
First | 481,900 | $249,884,426 | 7.83% | |
| CI |
Cigna Group
Healthcare
|
First | 565,900 | $205,529,221 | 6.44% | |
| MSFT |
Microsoft Corp
Technology
|
First | 482,150 | $202,850,148 | 6.35% | |
| JNJ |
Johnson & Johnson
Healthcare
|
First | 1,226,350 | $193,996,306 | 6.08% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
First | 376,650 | $186,328,755 | 5.84% | |
| FISV |
Fiserv Inc
|
First | 1,136,000 | $181,555,520 | 5.69% | |
| ORCL |
Oracle Corp
Technology
|
First | 1,309,750 | $164,517,697 | 5.15% | |
| MS |
Morgan Stanley
Financial Services
|
First | 1,696,200 | $159,714,192 | 5.00% | |
| FDX |
Fedex Corp
Industrials
|
First | 522,600 | $151,418,124 | 4.74% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
First | 350,300 | $146,316,807 | 4.58% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
First | 454,300 | $128,089,885 | 4.01% | |
| TGT |
Target Corp
Consumer Defensive
|
First | 708,400 | $125,535,564 | 3.93% | |
| LOW |
Lowes Companies Inc
Consumer Cyclical
|
First | 482,300 | $122,856,279 | 3.85% | |
| DIS |
Walt Disney Co
Communication Services
|
First | 986,050 | $120,653,078 | 3.78% | |
| NOC |
Northrop Grumman Corp /De/
Industrials
|
First | 226,400 | $108,368,624 | 3.39% | |
| AXP |
American Express Co
Financial Services
|
First | 471,600 | $107,378,604 | 3.36% | |
| TJX |
Tjx Companies Inc /De/
Consumer Cyclical
|
First | 1,017,000 | $103,144,140 | 3.23% | |
| LHX |
L3harris Technologies, Inc. /De/
Industrials
|
First | 478,050 | $101,872,455 | 3.19% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
First | 579,000 | $101,330,790 | 3.17% | |
| LMT |
Lockheed Martin Corp
Industrials
|
First | 212,400 | $96,614,388 | 3.03% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
First | 234,850 | $90,088,460 | 2.82% | |
| RTX |
RTX Corp
Industrials
|
First | 826,350 | $80,593,915 | 2.52% | |
| KO |
Coca Cola Co
Consumer Defensive
|
First | 1,054,050 | $64,486,779 | 2.02% |