Brand

List of Investments

Investments included in the AFIC portfolio are selected for their profitability and long term growth prospects.

TOP 25 INVESTMENTS - ORDINARY

AFIC invests in a diverse range of Australian companies generally held for the long term.
A list of AFIC’s 25 largest holdings as at 28 February 2019 is set out in the following table.


Valued at closing prices at 28 February 2019

RankASX CodeCompany NameTotal Value $ mil
1 CBA Commonwealth Bank of Australia 594.0
2 BHP* BHP 503.0
3 WBC Westpac Banking Corporation 419.1
4 CSL CSL 372.0
5 TCL* Transurban Group 288.5
6 NAB* National Australia Bank 279.2
7 ANZ Australia & New Zealand Banking Group 237.7
8 MQG Macquarie Group 229.3
9 WES Wesfarmers 223.1
10 AMC Amcor 188.5
11 RIO Rio Tinto 187.1
12 WOW Woolworths Group 162.5
13 WPL* Woodside Petroleum 151.9
14 BXB Brambles 142.8
15 OSH Oil Search 138.0
16 SYD* Sydney Airport 128.7
17 TLS Telstra Corporation 125.7
18 JHX James Hardie Industries 107.0
19 QUB Qube Holdings 97.2
20 MFT Mainfreight 93.4
21 RHC Ramsay Health Care 91.7
22 SHL* Sonic Healthcare 88.8
23 TWE Treasury Wine Estates 81.6
24 CPU Computershare 80.4
25 COL Coles Group 76.2
  Total 5,087.3
  As % Total Portfolio Value (excludes Cash) 72.6%

* Indicates that options were outstanding against part or all of the holding

** AFIC participated in the recent off market share buy back by Rio Tinto.  As a result there was a significant reduction in the Rio Tinto holding when compared to the holding at 31 October 2018.