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 March 2019 is set out in the following table.


Valued at closing prices at 31 March 2019

RankASX CodeCompany NameTotal Value $ mil
1 CBA Commonwealth Bank of Australia 567.5
2 BHP* BHP 518.8
3 WBC Westpac Banking Corporation 402.9
4 CSL CSL 374.3
5 TCL* Transurban Group 295.5
6 NAB* National Australia Bank 279.2
7 WES Wesfarmers 232.9
8 MQG Macquarie Group 230.7
9 ANZ Australia and New Zealand Banking Group 220.9
10 AMC Amcor 192.8
11 RIO Rio Tinto 190.5
12 WOW Woolworths Group 172.3
13 WPL* Woodside Petroleum 145.4
14 BXB Brambles 142.8
15 TLS Tesltra Corporation 133.4
16 SYD* Sydney Airport 132.8
17 OLS Oil Search 129.4
18 JHX James Hardie Industries 110.0
19 MFT Mainfreight 102.9
20 QUB Qube Holdings 97.9
21 RHC Ramsay Health Care 91.1
22 SHL* Sonic Healthcare 90.3
23 TWE Treasury Wine Estates 81.4
24 COL Coles Group 79.7
25 CPU Computershare 79.6
  Total 5,106.8
  As % Total Portfolio Value (excludes Cash) 73.5%

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