SEC 13F Intelligence

Managers / Q4 2019 · view latest →

PAYDEN & RYGEL

CIK 0000919219 · 333 SOUTH GRAND, 40TH FL, LOS ANGELES, CA, 90071 · 213-830-4255

Reported Value
$1.6B
Q4 2019
Positions
121
Filings on Record
29
2019–present window
Filed
Jan 31, 2020
original filing

Summary

Payden & Rygel reported $1.6B in U.S.-listed holdings across 121 positions for Q4 2019.

Its largest position, MRK, represents 2.9% of the portfolio.

Compared with Q3 2019, the fund opened 6 new positions and exited 3.

Portfolio Metrics

Turnover
+8.7%
vs prior filed quarter
Top-10 Concentration
+25.9%
share of reported value
Largest Position
+2.9%
Merck
New / Exited
6 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $1.4BQ1 ’19Q2 ’19: $1.5BQ3 ’19: $1.5BQ4 ’19: $1.6BQ1 ’20: $1.4BQ1 ’20Q2 ’20: $1.6BQ3 ’20: $1.7BQ4 ’20: $2.0BQ1 ’21: $2.2BQ1 ’21Q2 ’21: $2.1BQ3 ’21: $1.9BQ4 ’21: $2.2BQ1 ’22: $2.0BQ1 ’22Q2 ’22: $1.7BQ3 ’22: $1.7BQ4 ’22: $1.9BQ1 ’23: $1.7BQ1 ’23Q2 ’23: $1.4BQ4 ’23: $1.4BQ3 ’24: $1.3BQ4 ’24: $1.2BQ4 ’24Q1 ’25: $1.2BQ2 ’25: $1.2BQ3 ’25: $1.2BQ4 ’25: $1.4BQ4 ’25Q1 ’26: $1.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 81.1%REIT: 11.2%MLP: 4.0%ETP: 3.7%Other: 0.1%ADR: 0.0%
  • Common Stock · 81.1% · $1.3B
  • REIT · 11.2% · $179M
  • MLP · 4.0% · $64M
  • ETP · 3.7% · $59M
  • Other · 0.1% · $1M
  • ADR · 0.0% · $100,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CAGCONAGRANEW+1.03M1.03M+$35M$35M
TFCTRUST FINANCIAL CORPORATIONNEW+277.4K277.4K+$16M$16M
VGKVANGUARD FTSE EUROPE ETFNEW+131.2K131.2K+$8M$8M
ISHARES IBOXX H/Y CORP BOND ETFNEW+60.0K60.0K+$5M$5M
HALCON RESOURCESNEW+23.6K23.6K+$317,000$317,000
DOCHEALTHPEAK PROPERTIES INCNEW+3.8K3.8K+$131,000$131,000
WFCWELLS FARGOADDED+314.9K316.7K+$17M$17M
ABBVABBVIEADDED+182.6K192.8K+$16M$17M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

119 positions (from 121 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MRKMERCK & COhistory →COM2.93%$47M514.6K
2LLYELI LILLY & COhistory →COM2.81%$45M341.5K
3JPMJPMORGAN CHASEhistory →COM2.75%$44M315.3K
4LMTLOCKHEED MARTINhistory →COM2.67%$43M109.8K
5VZVERIZON COMMUNICATIONShistory →COM2.66%$43M692.9K
6MSFTMICROSOFThistory →COM2.58%$41M261.3K
7AVBAVALONBAY COMMUNITIEShistory →COM2.43%$39M184.9K
8GSGOLDMAN SACHS GROUPhistory →COM2.39%$38M165.9K
9MDTMEDTRONIChistory →COM2.37%$38M334.3K
10AEPAMERICAN ELECTRIC POWERhistory →COM2.30%$37M388.3K
11EPDENTERPRISE PRODUCTS PARTNERShistory →COM2.26%$36M1.28M
12BACBANK OF AMERICAhistory →COM2.20%$35M999.5K
13CAGCONAGRAhistory →COM2.20%$35M1.03M
14COSTCOSTCO WHOLESALEhistory →COM2.17%$35M117.9K
15BMYBRISTOL-MYERS SQUIBBhistory →COM2.14%$34M534.0K
16PEPPEPSICOhistory →COM2.13%$34M249.2K
17PFEPFIZERhistory →COM2.10%$34M858.3K
18GISGENERAL MILLShistory →COM2.09%$33M624.6K
19USBUS BANCORPhistory →COM2.07%$33M558.2K
20CSCOCISCO SYSTEMShistory →COM2.07%$33M688.9K
21KMIKINDER MORGANhistory →COM2.02%$32M1.52M
22DUKDUKE ENERGYhistory →COM2.01%$32M352.1K
23PSXPHILLIPS 66history →COM2.00%$32M287.6K
24EDCONSOLIDATED EDISONhistory →COM1.99%$32M352.1K
25MCDMCDONALD'Shistory →COM1.99%$32M160.7K
26DALDELTA AIR LINES INChistory →COM1.96%$31M535.1K
27HEALTHCARE TRUST OF AME-CL ACOM1.79%$29M943.5K
28PAYXPAYCHEXhistory →COM1.73%$28M325.5K
29MAGELLAN MIDSTREAM PARTNERSCOM1.69%$27M428.9K
30TAT&Thistory →COM1.68%$27M689.1K
31DLRDIGITAL REALTY REIThistory →COM1.65%$26M220.3K
32AREALEXANDRIA REAL ESTATE EQUITIEShistory →COM1.60%$26M158.7K
33CVSCVS HEALTH CORPhistory →COM1.60%$26M344.7K
34DTEDTE ENERGYhistory →COM1.49%$24M183.7K
35CCICROWN CASTLE INTL CORPhistory →COM1.48%$24M166.2K
36WMWASTE MANAGEMENThistory →COM1.43%$23M200.0K
37CCITIGROUPhistory →COM1.32%$21M264.5K
38INTCINTELhistory →COM1.27%$20M339.3K
39HDHOME DEPOThistory →COM1.22%$20M89.5K
40MSMORGAN STANLEYhistory →COM1.20%$19M376.5K
41IVWISHARES S&P 500 GROWTH ETFhistory →COM1.19%$19M97.9K
42PLDPROLOGIShistory →COM1.18%$19M211.4K
43ABBVABBVIEhistory →COM1.07%$17M192.8K
44WFCWELLS FARGOhistory →COM1.07%$17M316.7K
45SPGSIMON PROPERTY GROUPhistory →COM1.02%$16M109.6K
46WMBWILLIAMS COShistory →COM1.00%$16M673.5K
47MXIMMAXIM INTEGRATED PRODUCTShistory →COM1.00%$16M259.7K
48JNJJOHNSON & JOHNSONhistory →COM1.00%$16M109.3K
49OKEONEOKhistory →COM0.99%$16M209.3K
50QCOMQUALCOMMhistory →COM0.98%$16M178.1K
51TFCTRUST FINANCIAL CORPORATIONhistory →COM0.98%$16M277.4K
52SBUXSTARBUCKShistory →COM0.92%$15M166.9K
53SPYS&P 500 DEPOSITARY RECEIPTShistory →COM0.91%$15M45.4K
54SJMJM SMUCKER COhistory →COM0.90%$14M138.4K
55PEGPUBLIC SERVICE ENTERPRISE GROUPhistory →COM0.88%$14M237.8K
56DDDUPONT DE NEMOURS INChistory →COM0.85%$14M211.7K
57BABOEINGhistory →COM0.67%$11M33.0K
58VGKVANGUARD FTSE EUROPE ETFCOM0.48%$8M131.2K
59AGGISHARES LEHMAN AGG BOND ETFCOM0.47%$8M67.6K
60PMPHILIP MORRISCOM0.46%$7M86.5K
61ISHARES IBOXX H/Y CORP BOND ETFCOM0.33%$5M60.0K
62IJHISHARES S&P MIDCAP 400COM0.16%$3M12.4K
63IBMINTL BUSINESS MACHINESCOM0.13%$2M16.0K
64GILDGILEAD SCIENCESCOM0.08%$1M19.6K
65ETENERGY TRANSFER EQUITYCOM0.08%$1M94.6K
66TXNTEXAS INSTRUMENTSCOM0.07%$1M9.2K
67SUSBISHARES ESG 1-5 YEARCOM0.06%$1M39.9K
68CCLCARNIVALCOM0.06%$884,00017.4K
69BANCO LATINOAMERICANO COME-ECOM0.05%$773,00036.1K
70WMTWAL-MART STORESCOM0.03%$502,0004.2K
71BRK/ABERKSHIRE HATHAWAYCOM0.03%$452,000497
72AAPLAPPLECOM0.03%$411,0001.4K
73MCHPMICROCHIP TECHNOLOGYCOM0.03%$408,0003.9K
74AEEAMERENCOM0.02%$399,0005.2K
75HALCON RESOURCESCOM0.02%$317,00023.6K
76VNQVANGUARD REIT ETFCOM0.02%$315,0003.4K
77CVXCHEVRONCOM0.02%$307,0002.5K
78TELLURIAN INCCOM0.02%$291,00040.0K
79EMREMERSON ELECTRICCOM0.02%$275,0003.6K
80VLOVALERO ENERGYCOM0.02%$272,0002.9K
81METMETLIFECOM0.02%$270,0005.3K
82GOOGALPHABET INC- CL CCOM0.02%$268,000200
83KOCOCA-COLACOM0.02%$255,0004.6K
84CORESITE REALTY CORPCOM0.02%$247,0002.2K
85TMOTHERMO FISHER SCIENTIFICCOM0.01%$227,000700
86NKENIKE-BCOM0.01%$203,0002.0K
87COFCAPITAL ONE FINLCOM0.01%$203,0002.0K
88ISHA CURR HEDGED MSCI EAFECOM0.01%$201,0006.6K
89IWFISHARES RUSSELL 1000 GROWTHCOM0.01%$176,0001.0K
90ECLECOLABCOM0.01%$174,000900
91UPSUNITED PARCEL SERVICECOM0.01%$164,0001.4K
92DVYISHARES SELECT DIVIDEND ETFCOM0.01%$158,0001.5K
93AMGNAMGENCOM0.01%$157,000650
94PSAPUBLIC STORAGECOM0.01%$149,000700
95DOCHEALTHPEAK PROPERTIES INCCOM0.01%$131,0003.8K
96TLHISHARES 10-20 YEAR TREASURYCOM0.01%$131,000909
97SCHWCHARLES SCHWABCOM0.01%$125,0002.6K
98CSXCSXCOM0.01%$109,0001.5K
99PNCPNC FINANCIALCOM0.01%$96,000600
100DHRDANAHERCOM0.01%$92,000600

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.3B114May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.4B115Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.2B113Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.2B113Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.2B125May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.2B124Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.3B122Nov 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.4B135Feb 13, 202413F-HRchanges · EDGAR ↗
Q2 2023$1.4B131Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.7B122May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.9B136Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.7B136Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.7B138Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.0B128Apr 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.2B126Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.9B127Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.1B126Aug 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.2B120May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.0B133Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.7B124Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.6B115Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.4B115May 4, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.6B121Jan 31, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.5B118Oct 30, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.5B118Aug 6, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.4B119May 8, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.