# AMG Funds LLC

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1115419. Source: https://holderbook.com/funds/1115419-amg-funds-llc/

- Reported value: $20.0M
- Positions: 45
- Weight of the ten largest: 37.7%
- Filed: 2020-11-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $895.0K | 5,373 | 4.5% | 8 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $865.0K | 14,546 | 4.3% | 8 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $830.0K | 25,597 | 4.2% | 8 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $825.0K | 5,239 | 4.1% | 8 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $792.0K | 17,122 | 4.0% | 8 |
| UNILEVER PLC | [ULXXXX](https://holderbook.com/stocks/ULXXXX/) | $753.0K | 12,206 | 3.8% | 8 |
| AES CORP | [AES](https://holderbook.com/stocks/AES/) | $702.0K | 38,779 | 3.5% | 5 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $650.0K | 10,788 | 3.3% | 7 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $633.0K | 4,255 | 3.2% | 8 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $581.0K | 14,761 | 2.9% | 8 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $561.0K | 2,209 | 2.8% | 8 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $549.0K | 14,426 | 2.8% | 4 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $530.0K | 14,437 | 2.7% | 4 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $526.0K | 6,010 | 2.6% | 5 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $517.0K | 18,849 | 2.6% | 8 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $485.0K | 3,497 | 2.4% | 8 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $477.0K | 38,648 | 2.4% | 8 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $454.0K | 12,513 | 2.3% | 8 |
| ATLANTICA SUSTAINABLE INFR P | [AY](https://holderbook.com/stocks/AY/) | $427.0K | 14,937 | 2.1% | 4 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $423.0K | 3,849 | 2.1% | 8 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $377.0K | 6,308 | 1.9% | 3 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $375.0K | 2,339 | 1.9% | 3 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $367.0K | 3,119 | 1.8% | 8 |
| IDACORP INC | [IDA](https://holderbook.com/stocks/IDA/) | $360.0K | 4,506 | 1.8% | 1 |
| AXIS CAP HLDGS LTD | [AXS](https://holderbook.com/stocks/AXS/) | $358.0K | 8,125 | 1.8% | 8 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $353.0K | 2,552 | 1.8% | 2 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $345.0K | 11,008 | 1.7% | 6 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $335.0K | 17,038 | 1.7% | 6 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $329.0K | 20,826 | 1.6% | 8 |
| PREMIER INC | [PINC](https://holderbook.com/stocks/PINC/) | $328.0K | 10,004 | 1.6% | 1 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $327.0K | 2,796 | 1.6% | 2 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $313.0K | 3,967 | 1.6% | 7 |
| CNA FINL CORP | [CNA](https://holderbook.com/stocks/CNA/) | $304.0K | 10,127 | 1.5% | 8 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $295.0K | 2,577 | 1.5% | 8 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $284.0K | 2,717 | 1.4% | 2 |
| INTERPUBLIC GROUP COS INC | [IPG](https://holderbook.com/stocks/IPG/) | $280.0K | 16,802 | 1.4% | 8 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $277.0K | 996 | 1.4% | 2 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $265.0K | 2,765 | 1.3% | 2 |
| GEN DIGITAL INC | [GEN](https://holderbook.com/stocks/GEN/) | $259.0K | 12,410 | 1.3% | 1 |
| SENSIENT TECHNOLOGIES CORP | [SXT](https://holderbook.com/stocks/SXT/) | $245.0K | 4,235 | 1.2% | 3 |
| BLACK HILLS CORP | [BKH](https://holderbook.com/stocks/BKH/) | $240.0K | 4,482 | 1.2% | 1 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $226.0K | 7,695 | 1.1% | 8 |
| CASS INFORMATION SYS INC | [CASS](https://holderbook.com/stocks/CASS/) | $223.0K | 5,533 | 1.1% | 1 |
| CSG SYS INTL INC | [CSGS](https://holderbook.com/stocks/CSGS/) | $210.0K | 5,135 | 1.1% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $207.0K | 2,474 | 1.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2020 | +5.2% | +8.6% | -3.4% | 100% |
| Q2 2020 | +15.8% | +19.6% | -3.8% | 100% |
| Q1 2020 | -31.9% | -19.9% | -12.0% | 100% |
| Q4 2019 | +4.7% | +8.5% | -3.8% | 100% |
| Q3 2019 | +0.1% | +1.3% | -1.2% | 99% |
| Q2 2019 | +0.6% | +3.7% | -3.1% | 100% |
| Q1 2019 | +11.7% | +13.0% | -1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $20.0M | 45 |
| Q2 2020 | $19.6M | 43 |
| Q1 2020 | $21.1M | 44 |
| Q4 2019 | $63.6M | 73 |
| Q3 2019 | $78.1M | 95 |
| Q2 2019 | $93.7M | 104 |
| Q1 2019 | $102.2M | 104 |
| Q4 2018 | $91.9M | 109 |