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 30 November 2018 is set out in the following table.


Valued at closing prices at 30 November 2018

RankASX CodeCompany NameTotal Value $ mil
1 CBA Commonwealth Bank of Australia 562.7
2 BHP* BHP 432.5
3 WBC Westpac Banking Corporation 403.7
4 CSL CSL 340.6
5 TCL* Transurban Group 265.0
6 NAB National Australia Bank 230.2
7 ANZ Australia and New Zealand Banking Group 227.5
8 WES Wesfarmers 212.4
9 MQG Macquarie Group 204.0
10 WOW* Woolworths Group 187.6
11 AMC Amcor 168.2
12 RIO** Rio Tinto 142.6
13 WPL* Woodside Petroleum 125.3
14 BXB Brambles 124.7
15 SYD* Sydney Airport 121.7
16 OSH Oil Search 120.5
17 TLS Telstra Corporation 117.7
18 JHX James Hardie Industries 96.2
19 QUB Qube Holdings 93.3
20 MFT Mainfreight 85.2
21 CPU Computershare 84.6
22 RHC* Ramsay Health Care 81.7
23 COL Coles Group 78.7
24 SHL* Sonic Healthcare  78.6
25 TWE Treasury Wine Estates 77.1
  Total 4,662.1
  As % Total Portfolio Value (excludes Cash) 70.1%

* 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.