Woodford reveals his full portfolio

Neil Woodford recently revealed the top ten holdings in the new Woodford Equity Income fund. Now he’s gone one step further and announced the holdings in full.

Star fund manager Neil Woodford recently revealed the top ten holdings in the new Woodford Equity Income fund.

Now he's gone one step further and announced the holdings in full on his fund website. Woodford intends that this will be updated every month.

It will come as no surprise that large-cap pharmaceutical stocks are among the favourites. AstraZeneca and GSK are the top two holdings, at 8.3% and 7.1% of the fund respectively. Other big firms from the sector include Roche, Sanofi, Novartis, and Prothena which together make up 9.9% of the portfolio.

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As my colleague Ed Bowsher remarked earlier today, Woodford is a big fan of tobacco stocks (not a view that Ed shares).In fact, tobacco makes up over 18% of the portfolio.

He's also keen on government outsourcers, with G4S, Serco and Capita making up 4.96%, and on traditional utilities - Drax, SSE, and Centrica come in at 4.9% of the portfolio.

Further down the list come quite a few small-cap pharmaceutical and biotech stocks, including ReNeuron, Retroscreen Virology, e-Therapeutics, Oxford Pharmascience, and 4D Pharma.

Biotech is a hot topic at the moment, and my colleague Matthew Partridge recently picked a couple of interesting small-cap biotech stocks that are looking in to the new generation of antibiotics.

And earlier this year in MoneyWeek magazine, he looked at the opportunities available to investors in stem-cell research.If you're not already a subscriber, get your first four copies free here.

Here's the full list of the stocks in the Woodford Equity Income Fund.

Swipe to scroll horizontally
1AstraZenecaHealthcare8.3%
2GlaxoSmithKlineHealthcare7.1%
3British American TobaccoConsumer goods6.2%
4BTTelecommunications6%
5Imperial TobaccoConsumer goods5.3%
6RocheHealthcare3.9%
7Imperial InnovationsFinancials3.6%
8Reynolds AmericanConsumer goods3.6%
9Rolls-RoyceIndustrials3.5%
10CapitaIndustrials3.4%
11Allied MindsFinancials2.9%
12BAe SystemsIndustrials2.9%
13HSBCFinancials2.8%
14SanofiHealthcare2.3%
15Legal & GeneralFinancials2.1%
16NovartisHealthcare2%
17CentricaUtilities2%
18AAConsumer services1.9%
19SSEUtilities1.8%
20Reckitt BenckiserConsumer goods1.8%
21Philip Morris InternationalConsumer goods1.8%
22ProthenaHealthcare1.7%
23NextConsumer services1.7%
24AltriaConsumer goods1.3%
25Smith & NephewHealthcare1.3%
26BTGHealthcare1.2%
27Provident FinancialFinancials1.1%
28DraxUtilities1.1%
29AlkermesHealthcare1%
30GagfahFinancials1%
31G4SIndustrials0.97%
32RM2 InternationalIndustrials0.93%
33ReddeFinancials0.90%
34UtilitywiseIndustrials0.62%
35SercoIndustrials0.59%
36MeggittIndustrials0.59%
37LancashireFinancials0.58%
38VelocysOil & gas0.55%
39e-TherapeuticsHealthcare0.54%
40VernalisHealthcare0.49%
41ReNeuronHealthcare0.48%
42CobhamIndustrials0.48%
43Burford CapitalFinancials0.44%
44CatlinFinancials0.43%
45BenchmarkHealthcare0.43%
46AmlinFinancials0.43%
474D PharmaHealthcare0.43%
48Oxford PharmascienceHealthcare0.35%
49RevolymerBasic materials0.31%
50HiscoxFinancials0.31%
51BeazleyFinancials0.29%
52GigaclearTelecommunications0.29%
53PaypointIndustrials0.25%
54HomeserveIndustrials0.09%
55Retroscreen VirologyHealthcare0.09%
56XerosIndustrials0.07%
57NetScientificHealthcare0.05%
58IPFinancials0.04%
59CircassiaHealthcare0.03%
60StobartIndustrials0.03%
61CranswickConsumer goods0.01%
Ben Judge

Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.

Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. 

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