NFJ Investment Group, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), NFJ Investment Group, LLC reported 271 stock positions worth $3.4 billion. Its top holding was Alexandria Real Estate Equit (ARE) at 3.0% of the portfolio, followed by Nextera Energy (NEE, 3.0%) and Rexford Industrial Realty (REXR, 3.0%). Compared with Q2 2024, it opened 47 new positions, sold out of 27, added to 39 and reduced 177. The biggest buy was Unitedhealth (UNH, shares +369%) and the biggest sale Edwards Lifesciences (EW, shares −95%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001862664
Portfolio Value
$3.4B (Q3 2024)
SEC Filing
0001862664-24-000004 ↗ filed Nov 14, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $3.7B Q1 2024 Q2 2024: $3.3B Q2 2024 Q3 2024: $3.4B $3.4B Q3 2024 Q4 2024: $3.1B Q4 2024 Q1 2025: $3.0B Q1 2025 Q2 2025: $2.9B Q2 2025 Q3 2025: $2.9B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $2.6B Q1 2026 Q2 2026: $3.0B Q2 2026

Holdings 271 stocks · $3.4B
ARE Alexandria Real Estate Equit 2.95% 849,493 $100.9M Reduce -6.8%
NEE Nextera Energy Inc. 2.95% 1,193,132 $100.9M Reduce -13.1%
REXR Rexford Industrial Realty Inc. 2.95% 2,003,779 $100.8M Reduce -14.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.37% 2,041,303 $81.0M Reduce -12.8%
ES Eversource Energy 2.27% 1,142,384 $77.7M Reduce -11.0%
INTU Intuit Inc. 2.26% 124,146 $77.1M Reduce -3.4%
PNC PNC Financial Services Group 1.95% 360,429 $66.6M Reduce -17.5%
UNH Unitedhealth Group Inc. 1.65% 96,503 $56.4M Add +368.5%
TFC Truist Financial Corp. 1.64% 1,310,345 $56.0M Reduce -9.9%
SWK Stanley Black & Decker Inc. 1.60% 495,056 $54.5M Reduce -11.7%
MSCI MSCI Inc. 1.51% 88,522 $51.6M Reduce -3.3%
TMO Thermo Fisher Scientific Inc. 1.47% 81,105 $50.2M Reduce -9.0%
TFX Teleflex Inc. 1.35% 186,915 $46.2M Reduce -2.0%
AWK American Water Works Co. Inc. 1.30% 304,308 $44.5M Add +18.3%
LHX L3HARRIS Technologies Inc. 1.30% 186,203 $44.3M Reduce -6.7%
HON Honeywell International Inc. 1.26% 208,730 $43.1M Reduce -1.0%
CBSH Commerce Bancshares Inc. 1.23% 707,168 $42.0M Add +17.7%
ZTS Zoetis Inc. 1.21% 211,947 $41.4M Reduce -4.5%
CCI Crown Castle Inc. 1.16% 335,223 $39.8M Reduce -12.6%
USB US Bancorp 1.09% 816,504 $37.3M Reduce -12.6%
CVX Chevron Corp. 1.08% 251,700 $37.1M Add +3.6%
XOM Exxon Mobil Corp. 1.07% 312,107 $36.6M Add +0.6%
APD Air Products & Chemicals Inc. 1.07% 122,640 $36.5M Reduce -6.0%
BALL Ball Corp. 1.07% 536,278 $36.4M Reduce -1.7%
TRP TC Energy Corp. 1.00% 720,787 $34.3M Reduce -11.7%
TSN Tyson Foods Inc. Class A 1.00% 572,397 $34.1M Reduce -4.2%
MKTX Marketaxess Holdings Inc. 1.00% 132,985 $34.1M Reduce -2.2%
MAA Mid-America Apartment Comm 0.96% 205,660 $32.7M Reduce -5.3%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.92% 177,605 $31.4M Reduce -3.3%
DPZ Domino's Pizza Inc. 0.91% 72,655 $31.3M Add +8.6%
FMC FMC Corp. 0.91% 472,207 $31.1M Reduce -9.8%
RBA RB Global Inc. 0.89% 376,894 $30.3M Reduce -8.5%
OVV Ovintiv Inc. 0.89% 791,827 $30.3M Reduce -2.9%
JPM JPMorgan Chase & Co. 0.88% 142,646 $30.1M Reduce -3.1%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.82% 208,223 $28.1M Reduce -5.7%
STZ Constellation Brands Inc. Class A 0.82% 108,382 $27.9M Add +617.3%
TRU Transunion 0.81% 264,453 $27.7M Reduce -11.7%
INVH Invitation Homes Inc. 0.80% 773,922 $27.3M Reduce -8.4%
SBAC SBA Communications Corp. 0.79% 112,812 $27.2M Add +8.1%
MS Morgan Stanley 0.77% 251,858 $26.3M Reduce -1.1%
MA Mastercard Inc. Class A 0.77% 52,993 $26.2M Reduce -0.9%
HD Home Depot Inc. 0.76% 64,128 $26.0M Reduce -1.0%
MSFT Microsoft Corp. 0.73% 57,956 $24.9M Reduce -2.8%
UGI Ugi Corp. 0.72% 982,728 $24.6M Reduce -6.8%
MDT Medtronic PLC 0.71% 269,998 $24.3M Reduce -0.7%
EOG EOG Resources Inc. 0.71% 197,526 $24.3M Add +11.7%
ABT Abbott Laboratories 0.69% 207,720 $23.7M Add +124.0%
G Genpact Ltd. 0.69% 603,561 $23.7M Reduce -8.4%
AAPL Apple Inc. 0.69% 100,482 $23.4M Reduce -10.5%
KDP Keurig Dr Pepper Inc. 0.68% 622,872 $23.3M Reduce -2.9%
EQIX Equinix Inc. 0.68% 26,096 $23.2M Add +201.2%
VEEV Veeva Systems Inc. Class A 0.68% 110,242 $23.1M Reduce -10.3%
JD Jd.com Inc.-ADR 0.66% 563,778 $22.6M Add +8.1%
AMT American Tower Corp. 0.66% 96,580 $22.5M Reduce -10.5%
FFIN First Finl Bankshares Inc. 0.66% 605,756 $22.4M Reduce -3.9%
BBY Best Buy Co. Inc. 0.64% 210,840 $21.8M Reduce -3.0%
A Agilent Technologies Inc. 0.64% 146,540 $21.8M Reduce -37.5%
ALLE Allegion PLC 0.60% 141,001 $20.5M Reduce -26.4%
C Citigroup Inc. 0.60% 326,593 $20.4M Reduce -28.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.58% 207,119 $19.9M Reduce -0.1%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.58% 274,331 $19.8M Reduce -1.8%
CMCSA Comcast Corp. Class A 0.56% 457,370 $19.1M Reduce -4.0%
SBUX Starbucks Corp. 0.50% 176,453 $17.2M Add +1.1%
PLD Prologis Inc. 0.50% 134,572 $17.0M Add +162.2%
TTC Toro Co. 0.49% 191,503 $16.6M Reduce -18.9%
GMED Globus Medical Inc. Class A 0.47% 223,847 $16.0M Reduce -15.3%
TXN Texas Instruments Inc. 0.47% 77,195 $15.9M Reduce -3.0%
WTW Willis Towers Watson PLC 0.46% 52,788 $15.5M New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.45% 369,535 $15.5M Add +62.8%
ICE Intercontinental Exchange Inc. 0.44% 94,624 $15.2M Reduce -38.6%
IDXX Idexx Laboratories Inc. 0.43% 29,061 $14.7M Reduce -5.7%
AMD Advanced Micro Devices 0.42% 87,786 $14.4M New
TRNO Terreno Realty Corp. 0.42% 212,571 $14.2M Reduce -13.9%
MTDR Matador Resources Co. 0.41% 286,632 $14.2M Add +0.6%
WEC WEC Energy Group Inc. 0.41% 144,308 $13.9M Add +23.7%
TGT Target Corp. 0.40% 88,119 $13.7M Reduce -21.2%
GOOGL Alphabet Inc. Class A 0.38% 78,270 $13.0M No change
ANSS Ansys Inc. 0.37% 39,874 $12.7M Add +225.6%
ROL Rollins Inc. 0.36% 241,343 $12.2M Reduce -15.9%
JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP 0.36% 123,343 $12.2M New
BRK.B Berkshire Hathaway Inc. Class B 0.35% 26,074 $12.0M New
COST Costco Wholesale Corp. 0.34% 13,195 $11.7M Reduce -23.0%
COF Capital One Financial Corp. 0.34% 77,528 $11.6M Reduce -48.9%
ALL Allstate Corp. 0.34% 60,737 $11.5M Reduce -2.2%
OKE Oneok Inc. 0.34% 125,918 $11.5M Reduce -6.4%
CRM Salesforce Inc. 0.33% 41,759 $11.4M Add +6.9%
ALK Alaska Air Group Inc. 0.33% 249,472 $11.3M Reduce -6.4%
WKC World Kinect Corp. 0.33% 361,253 $11.2M Reduce -15.0%
PFE Pfizer Inc. 0.33% 384,571 $11.1M Add +12.8%
PAAS Pan American Silver Corp. 0.32% 531,947 $11.1M Reduce -2.1%
ADUS Addus Homecare Corp. 0.32% 82,106 $10.9M Reduce -34.9%
MMSI Merit Medical Systems Inc. 0.32% 110,210 $10.9M Reduce -19.5%
XYL Xylem Inc. 0.32% 80,030 $10.8M Reduce -11.9%
V Visa Inc. Class A 0.32% 39,261 $10.8M No change
CINF Cincinnati Financial Corp. 0.31% 78,207 $10.6M Reduce -14.2%
LKFN Lakeland Financial Corp. 0.31% 161,651 $10.5M Reduce -6.5%
INDB Independent Bank Corp. 0.31% 176,747 $10.5M Reduce -19.7%
WHR Whirlpool Corp. 0.31% 97,498 $10.4M Reduce -4.4%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.30% 102,310 $10.2M Reduce -20.6%
KALU Kaiser Aluminum Corp. 0.29% 137,856 $10.0M Add +20.8%

Show all 271 holdings

Portfolio Sells Q2 2024 → Q3 2024
EW Edwards Lifesciences Corp. Reduce -95.2% 0.04% −1.33
NKE Nike Inc. Class B Sold out 0.00% −0.89
SCL Stepan Co. Sold out 0.00% −0.67
BAC Bank of America Corp. Reduce -12.8% 2.37% −0.49
MKC McCormick & Co.-Non VTG SHRS Reduce -82.4% 0.10% −0.40
CE Celanese Corp. Sold out 0.00% −0.38
NSA National Storage Affiliates Sold out 0.00% −0.34
INTU Intuit Inc. Reduce -3.4% 2.26% −0.34
ZD Ziff Davis Inc. Sold out 0.00% −0.33
ARE Alexandria Real Estate Equit Reduce -6.8% 2.95% −0.32
COF Capital One Financial Corp. Reduce -48.9% 0.34% −0.31
A Agilent Technologies Inc. Reduce -37.5% 0.64% −0.30
C Citigroup Inc. Reduce -28.6% 0.60% −0.29
OVV Ovintiv Inc. Reduce -2.9% 0.89% −0.29
LVS Las Vegas Sands Corp. Sold out 0.00% −0.27
REXR Rexford Industrial Realty Inc. Reduce -14.1% 2.95% −0.24
CFG Citizens Financial Group Reduce -48.2% 0.27% −0.21
ICE Intercontinental Exchange Inc. Reduce -38.6% 0.44% −0.20
TTC Toro Co. Reduce -18.9% 0.49% −0.19
CRL Charles River Laboratories Reduce -99.8% 0.00% −0.18
BIO Bio-Rad Laboratories-A Sold out 0.00% −0.16
TTEK Tetra Tech Inc. Reduce -52.3% 0.18% −0.16
PNC PNC Financial Services Group Reduce -17.5% 1.95% −0.14
EXR Extra Space Storage Inc. Sold out 0.00% −0.14
INVH Invitation Homes Inc. Reduce -8.4% 0.80% −0.13
ADUS Addus Homecare Corp. Reduce -34.9% 0.32% −0.13
HTLF Heartland Financial USA Inc. Sold out 0.00% −0.13
SEE Sealed Air Corp. Reduce -75.0% 0.04% −0.12
EL Estee Lauder Companies Class A Reduce -20.6% 0.30% −0.12
TROX Tronox Holdings PLC Reduce -35.6% 0.16% −0.12
HON Honeywell International Inc. Reduce -1.0% 1.26% −0.12
SF Stifel Financial Corp. Sold out 0.00% −0.11
TGT Target Corp. Reduce -21.2% 0.40% −0.11
COST Costco Wholesale Corp. Reduce -23.0% 0.34% −0.10
TFC Truist Financial Corp. Reduce -9.9% 1.64% −0.09
ALLE Allegion PLC Reduce -26.4% 0.60% −0.09
KRO Kronos Worldwide Inc. Sold out 0.00% −0.09
TYL Tyler Technologies Inc. Reduce -42.4% 0.16% −0.09
EFOR Everforth Inc. Sold out 0.00% −0.09
BOH Bank of Hawaii Corp. Sold out 0.00% −0.09
MSFT Microsoft Corp. Reduce -2.8% 0.73% −0.09
NOMD Nomad Foods Ltd. Sold out 0.00% −0.09
GMED Globus Medical Inc. Class A Reduce -15.3% 0.47% −0.09
PTEN Patterson-Uti Energy Inc. Sold out 0.00% −0.09
PCRX Pacira Biosciences Inc. Sold out 0.00% −0.09
LHX L3HARRIS Technologies Inc. Reduce -6.7% 1.30% −0.08
RBA RB Global Inc. Reduce -8.5% 0.89% −0.08
ROL Rollins Inc. Reduce -15.9% 0.36% −0.07
CALY Callaway Golf Company Sold out 0.00% −0.07
WTRG Essential Utilities Inc. Reduce -20.6% 0.23% −0.06

Portfolio Buys Q2 2024 → Q3 2024
UNH Unitedhealth Group Inc. Add +368.5% 1.65% +1.33
STZ Constellation Brands Inc. Class A Add +617.3% 0.82% +0.70
EQIX Equinix Inc. Add +201.2% 0.68% +0.48
WTW Willis Towers Watson PLC New 0.46% +0.46
AMD Advanced Micro Devices New 0.42% +0.42
ABT Abbott Laboratories Add +124.0% 0.69% +0.40
JBTM JBT Marel Corp. New 0.36% +0.36
BRK.B Berkshire Hathaway Inc. Class B New 0.35% +0.35
PLD Prologis Inc. Add +162.2% 0.50% +0.32
RLI Rli Corp. New 0.29% +0.29
AWK American Water Works Co. Inc. Add +18.3% 1.30% +0.28
GTY Getty Realty Corp. New 0.27% +0.27
ANSS Ansys Inc. Add +225.6% 0.37% +0.25
JD Jd.com Inc.-ADR Add +8.1% 0.66% +0.25
FR First Industrial Realty TR New 0.23% +0.23
AEE Ameren Corporation New 0.23% +0.23
NTRS Northern Trust Corp. New 0.22% +0.22
DD Dupont DE Nemours Inc. New 0.22% +0.22
MOH Molina Healthcare Inc. New 0.22% +0.22
COLD Americold Realty Trust Inc. New 0.21% +0.21
CBSH Commerce Bancshares Inc. Add +17.7% 1.23% +0.20
FNV Franco-Nevada Corp. New 0.20% +0.20
DEI Douglas Emmett Inc. New 0.18% +0.18
PCH Potlatchdeltic Corp. New 0.17% +0.17
SBAC SBA Communications Corp. Add +8.1% 0.79% +0.17
AVA Avista Corp. New 0.15% +0.15
WEC WEC Energy Group Inc. Add +23.7% 0.41% +0.13
SLB SLB Ltd. Add +62.8% 0.45% +0.12
MTB M & T Bank Corp. New 0.12% +0.12
AME Ametek Inc. Add +102.9% 0.23% +0.12
FOX Fox Corp. Class B New 0.11% +0.11
DHI D.R. Horton Inc. Add +116747.1% 0.11% +0.11
CUZ Cousins Properties Inc. New 0.10% +0.10
OSK Oshkosh Corp. Add +136.0% 0.19% +0.10
WGO Winnebago Industries New 0.10% +0.10
ASB Associated Banc-Corp. New 0.10% +0.10
DAN Dana Inc. New 0.09% +0.09
SHO Sunstone Hotel Investors Inc. New 0.09% +0.09
MGPI MGP Ingredients Inc. New 0.09% +0.09
SM SM Energy Co. New 0.09% +0.09
SBUX Starbucks Corp. Add +1.1% 0.50% +0.09
AEO American Eagle Outfitters New 0.08% +0.08
GATX Gatx Corp. New 0.07% +0.07
LIVN Livanova PLC Add +104.1% 0.15% +0.07
SIG Signet Jewelers Ltd. New 0.06% +0.06
CARG Cargurus Inc. New 0.06% +0.06
TMHC Taylor Morrison Home Corp. New 0.06% +0.06
EPRT Essential Properties Realty New 0.06% +0.06
NXT Nextpower Inc. New 0.05% +0.05
IRDM Iridium Communications Inc. New 0.05% +0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 208$3.0BDINO, AAPL, GEV, LLY, SCHW
Q1 2026 221$2.6BDINO, MRVL, SCHW, PLD, GOOGL
Q4 2025 228$2.8BSCHW, MRVL, DINO, GOOGL, PLD
Q3 2025 265$2.9BARE, GOOGL, PLD, NEE, GBCI
Q2 2025 271$2.9BNEE, BAC, ES, INTU, GOOGL
Q1 2025 282$3.0BNEE, ES, REXR, PLD, BAC
Q4 2024 270$3.1BBAC, NEE, ARE, REXR, INTU
Q3 2024 271$3.4BARE, NEE, REXR, BAC, ES
Q2 2024 251$3.3BARE, REXR, NEE, BAC, INTU
Q1 2024 236$3.7BBAC, ARE, REXR, NEE, ES