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 31 January 2019 is set out in the following table.


Valued at closing prices at 31 January 2019

RankASX CodeCompany NameTotal Value $ mil
1 CBA Commonwealth Bank of Australia 552.3
2 BHP* BHP 470.7
3 WBC Westpac Banking Corporation 381.6
4 CSL CSL 373.9
5 TCL* Transurban Group 282.0
6 NAB* National Australia Bank 232.2
7 WES Wesfarmers 216.5
8 ANZ Australia & New Zealand Banking Group 212.4
9 MQG Macquarie Group 207.7
10 WOW* Woolworths Group* 177.8
11 AMC Amcor 171.0
12 RIO Rio Tinto 169.4
13 WPL* Woodside Petroleum 144.1
14 BXB Brambles 129.2
15 OSH Oil Search 128.7
16 TLS Telstra Corporation 124.9
17 SYD* Sydney Airport 117.5
18 QUB Qube Holdings 94.0
19 JHX James Hardie Industries 93.0
20 MFT Mainfreight 89.6
21 SHL* Sonic Healthcare 85.0
22 TWE Treasury Wine Estates 84.2
23 COL Coles Group 84.1
24 CPU Computershare 82.8
25 RHC Ramsay Health Care 80.3
  Total 4,784.9
  As % Total Portfolio Value (excludes Cash) 71.1%

* 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.