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Neil Woodford's full portfolio revealed
(Update) Star fund manager Neil Woodford has just under a third of his fund in healthcare stocks, alongside significant weightings in consumer goods companies and financials.
His eponymous fund firm is seeking to fight opacity in the fund industry by disclosing all of the underlying holdings in the CF Woodford Equity Income fund .
The fund has 31.8% in healthcare companies, while consumer goods and financials represent the fund's next two largest sector weightings at 20% and 17% of the portfolio respectively.
Woodford disclosed his top 10 positions last week, which bore an unsurprising similarity to the top 10 of his former Invesco Perpetual Income fund, with AstraZeneca and GlaxoSmithKline featuring as his top two.
Allied Minds, which floated last month, BAE Systems, Legal & General, AA and SSE feature among the fund's top 20.
The 61-stock portfolio includes Prothena, Altria, outsourcing firm G4S and nuclear power firm Drax.
Other stocks that form part of the fund's financials exposure include Provident Financial, Gagfah, Redde, Lancashire, Catlin, Hiscox and Beasley.
Revolymer, the maker of non-stick chewing gum, also features among Woodford’s picks.
Within consumer goods companies, Woodford is backing Philip Morris International, Altria and retailer Next.
Oxford Pharmascience, e-Therapeutics and 4D Pharma also feature in his substantial healthcare allocation.
Here is the full portfolio:
|Full Portfolio (30 June 2014)|
|3||British American Tobacco||Consumer Goods||6.2|
|5||Imperial Tobacco||Consumer Goods||5.31|
|8||Reynolds American||Consumer Goods||3.55|
|15||Legal & General||Financials||2.09|
|20||Reckitt Benckiser||Consumer Goods||1.83|
|21||Philip Morris International||Consumer Goods||1.81|
|25||Smith & Nephew||Health Care||1.27|
|38||Velocys||Oil & Gas||0.55|
|47||4D Pharma||Health Care||0.43|
|48||Oxford Pharmascience||Health Care||0.35|
|55||Retroscreen Virology||Health Care||0.09|
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by Dylan Lobo on Jul 28, 2014 at 15:00