Schlumberger (NYSE: SLB) and MasterCard (NYSE: MA) combine for about 6% of CFGE’s weight. Last year, the oil services giant announced a $10 billion buyback while MasterCard said in late 2013 it will repurchase $3.5 billion of its shares.
CFGE holds 34 stocks, seven of which hail from the technology sector and another five of which are industrials. Those were the only two sectors to reach record spending on buybacks in the first quarter.
CFGE Top-10 Holdings
Table Courtesy: Calamos Investments